Unique Homes Blog

The dynamic Las Vegas luxury real estate market offers opportunities for buyers and sellers, according to Beasley & DeVarreau Sotheby’s International Realty. The firm’s soon-to-be-released semi-annual analysis of the Las Vegas real estate market shows that the market has slowed, but is already adjusting. Sales are down 27 percent, but prices are also down 2.5 percent, with another 3-percent drop expected. Building permits are down 44 percent, indicating that the market is healthy, and that the supply of new housing will begin to dry up over the next two years, bringing supply and demand back into balance.  For more, visit: www.leadingestateslv.com

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