Déjà vu on the headline?  You bet.  This week, it was announced Las Vegas home affordability is nearing an all-time high.  The number of Pending Sales in the Las Vegas market  at a almost 3 year high.   Why the big increase in sales?  Rates under 5%, home prices off 55% from their high, and plenty of selection are all factors.  Closed sales are up 105% versus last year to date.  The luxury segment is the low point of the market, off 59% from last year.  Total inventory of homes is down 7.7% in past 9 weeks.

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