Las Vegas Housing Market Update - Home Prices Hit All Time Highs 

The better question is how many jobs are actually created in LV that can support buying the median home price. Most higher end buyers are coming from CA and sooner or later that demand is going to wane (just look at Austin and the tech migration there). At that point, with new construction being such a big part of home sales in LV there maybe some slashing and burning of inventory which could cause prices to fall. Home builders are much more willing to slash and burn to get a sale done than a homeowner b/c the need the cash to keep their business going.

This is the dilemma with the high interest rates, and moi with a relative low interest rates, is that it is difficult to downsize and pull the remaining equity. I think it will be that when interest rates drop, the prices will dip, temporarily, as more sell, but then prices will climb as the inventory is swooped up. Spot on. I know of three who have moved from Austin, TX to here due to humidity and distance from family in CA. This high speed rail is only good news for Las Vegas. Back to moi, my favorite subject, lol, I decided to just stay where I am, and make it into my forever townhome. First, I have not found a place through your tours that even come close to the drama of my floor plan. Second, the location is fine. Now comes the search for an interior designer, and, well, contractors who can transform it. I'm keeping the footprint. No moving walls. Very little demo. I know you've flipped houses before. I'm thinking about buying an hour of your time on how to renovate, etc. Learn from what you know.