As a specialist in 55+ communities in Las Vegas, I find this topic particularly relevant to our Las Vegas 55 plus community.
3 Reasons Why We’re Not Headed for a Housing Crash
Some Highlights
- Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time.
- Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash.
- Inventory data shows there just aren’t enough homes available to have a repeat of what happened back in 2008.
Dr. Duffy’s Local Insights:
In relation to the above, the Las Vegas 55+ housing market offers unique opportunities this season. For instance, www.searchforhomeslasvegas.com has the lastest news. It’s an exciting time for those considering a move to a 55+ community in our vibrant city.
Las Vegas Market Update: The current market shows https://drjanduffy.realscout.com/onboarding, indicating a great time for buyers/sellers in the 55+ communities.