Las Vegas, dubbed the riskiest housing market in the nation less than a year ago by real estate analyst CoreLogic, is on track to price the working class out of the market by the end of the year, says Las Vegas Realtors president Aldo Martinez, and Wall Street is scrambling to scoop up the rentals would-be buyers will be forced to lease.  

Southern Nevada’s housing market, rumored to be on the brink of collapse since it began recovering in earnest from the crash of 2007, is among the upstarts of the pandemic economy, which has seemed disconnected from reality at times, with record stock market and real estate gains starkly contrasted against a backdrop of widespread financial and emotional despair.  

In September 2020, real estate analyst CoreLogic predicted with 70 percent certainty that home prices in Southern Nevada would fall by 7.8 percent by July 2021.  

What seemed like a sure bet…

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