In Los Angeles and San Francisco, many homebuyers are still facing a competitive bidding process. But other pockets of the country are facing a growing glut of unsold homes. In markets like Las Vegas and Phoenix, home sales have significantly slowed in the last year, signaling a potential shift nationwide, the Wall Street Journal reported. Existing home sales in Las Vegas, for example, have decreased nearly 12 percent in November compared to the year prior. […]
source https://therealdeal.com/la/2018/12/13/las-vegas-phoenix-showing-signs-of-imminent-housing-slowdown/#new_tab
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