Shrinking Supply

With cash buyers taking up more than half of anything being listed its making it hard for buyers taking out loans or waiting to get pre-approved. A recent article in the Las Vegas Review Journal showed that the inventory for single family homes without any offers is down to 4,900 which average out to around a six week supply. We can only hope that investors leave some of the supply on the market before everything gets snatched up. For the full article please follow this link.