As many potential first time home buyers over the past 2 years have seen in Las Vegas, the shortage on homes has led to over bidding, and kept many renters from buying their first home. Not to mention the 50%+ of homes being purchased cash has really been a tough market for the first time home buyers and seasoned investors in the Las Vegas property management business. Depending on a persons financial goals and timeline, having to compete with cash offers has proven to be a challenge for many.
But continued data is coming forth that shows improving signs for both the first time home buyers, and Las Vegas investors and the Las Vegas property management companies. Realtor.com® wrote an article about the increasing inventory across the country. This leading to a improved market for spring homebuyers and investment opportunities for those looking to invest in the Las Vegas rental business.
Please look at article below: