2 weeks ago, the Las Vegas review Journal reported we had the lowest inventory numbers in over 10 years. Low inventory, even during these times means prices are up. It is indeed a sellers market. Granted, with the current COVID-19 safety guidelines in place, I am still actively selling homes. And as a bonus, mortgage rates have never been lower.
April 20, 2020: The real-time real estate market data published today by Altos Research shows that US home prices are holding steady week over week as inventory of homes for sale is at record low levels. New listings are off by almost half what we would normally see this time of year.
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