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Las Vegas Entered September With 7,590 Unsold Houses. Mortgage Rates Above 7% Raise the Stakes.

Las Vegas entered September with 7,590 unsold houses as mortgage rates topped 7%. Ryan Holt examines what the inventory means for buyers and sellers.

Las Vegas Entered September With 7,590 Unsold Houses. Mortgage Rates Above 7% Raise the Stakes.

Desk: Las Vegas Las Vegas buyers have more homes to consider, but financing them is getting harder. That tension is the central question as September housing numbers arrive: will additional choice translate into sales, or leave sellers competing for buyers who cannot stretch further? The inventory story already exceeds 6,000 homes. Las Vegas REALTORS reported 7,590 existing single family homes listed without offers at the end of August, up 5.3 percent from a year earlier. Another 2,714 condos and townhomes…

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