I just got through reading a great article on Realtytimes.com that all homebuyers should be aware of. If you've got a sweet deal on a Las Vegas home right now you had better make a jump on it right now. The future holds for Las Vegas less square footage in homes and higher construction costs. What does that mean?
After this excess inventory is absorbed in the next year new homes that are going to be built will be built smaller, due to increased construction costs, and the builders need to compete in the market. For the price of the size of home you can get now you will be lucky to get 3/4 of that in the coming years. With all of the other population and job growth projections I am sure you can see the need to call up your Las Vegas Realtor and get in the car now!
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