If it's Not Supply and Demand Why are Homes Overpriced in Las Vegas Nevada?

If it's Not Supply and Demand Why are Homes Overpriced in Las Vegas Nevada?

There are approx 100+ new home communities in the Las Vegas and Henderson area in Nevada, with hundreds of thousands of new homes being built in the Las Vegas Valley.

This (doesn't) include resale homes in Las Vegas and Henderson Nevada.

 So if that's the case there in (NO) Supply and Demand, so Why are Homes Overpriced in Las Vegas Nevada?

The only reason that Vegas Bob thinks homes are overpriced in the Las Vegas Valley is because homes in Southern California and the Bay Area in parts of Northern California are (Super Inflated).

A home owner can sell a home for $1,000,000 and purchase 3 homes in Las Vegas or Henderson ;o(

"Go Figure" but just because homes in California are selling for approx $1 Million, doesn't mean homes in Las Vegas are cheap.

Robert Vegas Bob Swetz personally thinks many homes in the Las Vegas Valley are OVERPRICED!

2-3 years ago homes weren't overpriced, but they are now!