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Las Vegas Housing Market 2022 Trends Predicted by Las Vegas Real Estate

Thursday, 09 December 2021 08:30 AM

Las Vegas Real Estate

LAS VEGAS, NV / ACCESSWIRE / December 9, 2021 / Real estate is a prominent topic in the Las Vegas valley and for good reason. As one of the fastest-growing metropolitan areas in the country, housing market trends are constantly shifting right along with it. At Las Vegas Real Estate, we've got the low down on the likely predictions that the housing market in Las Vegas will find itself in during 2022.

Las Vegas Real Estate, Thursday, December 9, 2021, Press release picture

First and foremost, it's important to remember that no two real estate markets are alike. Even within the Las Vegas valley, there can be vast differences from one zip code to another. That being said, there are some general trends that we can expect to see in the coming years. Dave Ramsey, a personal financing coach and radio personality, predicts California prices will decrease while Las Vegas increases.

Over the past several years, home prices have been on the rise throughout the valley. This trend is expected to continue as demand continues to outpace supply. 30% of home buyers are coming from California due to high taxes and prices. Las Vegas is currently the most affordable major city out of the top 10 major cities in the USA.

Second, homes are becoming increasingly popular among experienced owners, despite the fact that first-time purchasers encounter challenges when entering the market. Second homes and condo hotels are in high demand as housing prices climb in double digits, with many homeowners fearing they will miss out on a higher price if they wait too long to sell.

Because there are currently no houses to purchase, the Las Vegas real estate market is expected to stay popular throughout the last part of the year, according to these indications. For example, in Southern Nevada, houses are being sold at a fast rate, and prices are rising at an almost monthly basis. Buyers have bombarded homes with bids, inventory is tight, and builders have raised prices on a regular basis.

Current trends lead us to believe that the condo market will heat up. With such a tight housing market, condos are becoming an increasingly popular option for people who are looking to buy a property. And since there is more inventory available in this segment of the market, competition for condos is not as fierce as it is for single-family homes.

Another 2022 prediction is the increased popularity of the suburbs. As the city of Las Vegas continues to grow, the suburbs are becoming an increasingly popular option for people who want to live in a more suburban setting. This is due in part to the fact that homes are more affordable and there is more space to spread out.

Single-family home sales are up, and prices have reached new heights. Inventory is being depleted month after month, leaving little available to meet demand. People continue to migrate to Las Vegas from more expensive regions, putting additional strain on the housing market. With home sales in the region at their highest level in 14 years, according to industry specialists, this trend has accelerated during the epidemic.

All in all, the market is hot and it's only going to get hotter. If you're thinking of buying a home in Las Vegas in the near future, it's important to start researching, investing and saving now as prices are only going to go up. Get in touch with one of our experienced agents today for more information on the current market trends and what they mean for you.

For more information, visit - or reach out to William Margita at [email protected]

About Las Vegas Real Estate

Las Vegas Real Estate's online platform at is what sets the organization apart. Their team of licensed Las Vegas Realtors is also partnered with Berkshire Hathaway Homeservices with more than 20 years in the field serving discerning clients and satisfying the most demanding customers. If you're seeking a place to call home in Las Vegas or want to capture the breathtaking scenery from a rooftop pool deck, they can set up a showing for you at one of a kind properties around Las Vegas.

Each agent is a member of the Las Vegas Association of Realtors (LVR) and is licensed with the Nevada Real Estate Division (NRD). All MLS listings for land and multi-family properties on their website, which include HD pictures, floorplans, as well as yearly property tax data and homeowner costs, are updated every day for maximum buyer support and satisfaction.

Press Contact:
Company: Las Vegas Real Estate
Person: William Margita
Phone: 702-882-8240
Email: [email protected]
Address: 7475 W Sahara Ave Las Vegas, NV 89117

SOURCE: Las Vegas Real Estate

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