According to a recent Associated Press story, the housing market rebound is not without its own problems, namely a lack of inventory for potential homebuyers. Here’s a look at the situation in Las Vegas, through some interesting stats:
Median home price in the Las Vegas Valley in April.
Increase in Las Vegas home prices from March 2012 to March 2013.
Increase in home prices nationwide during the same time period.
Increase in new home permits in the Las Vegas Valley during the same time period.
Las Vegas homes purchased by investors since January 2012.
Single-family homes listed for sale at the end of April, down 22.4 percent from one year ago
Homes sold in April that were purchased with cash.