Las Vegas Hard Core Numbers to Debunk Shadow Inventory Boogeyman!
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
So my recent post on Las Vegas Shadow Inventory has really caused a stir on Active Rain. Comment #28 proceeds to ask: Well it was my opinion because I am so entrenched in this market. It was definitely what I see and feel all around me. That comment (along with several others) has prompted me to actually do the research. Ready for some boring numbers that will scare the “Shadow Inventory Boogeyman” back into oblivion? (you may want to read this before bed as it may bore you to tears if you don’t like the numbers and truth!) I am starting with two samplings: Half Mile Radius from My house One Mile Radius from My House I choose this area because this is where I live and work around and since it boasts “newer” Las Vegas Communities– it is definitely a decent – yet provides a wide – sa...