The supply of housing in Las Vegas is at a three-year low, a fact many attribute to prospectors buying up low-priced foreclosures in recent months.
"After a record number of existing-home sales in June at 4,663, SalesTraq reported that the inventory on the Multiple Listing Service fell to 12,653 or a 3.4-month supply - a level not seen in several years, President Larry Murphy said. The listings are the fewest since 11,497 homes were on the market in December 2005.
The dwindling supply of foreclosed homes is one reason existing-home prices have stabilized in the last couple of months, housing analysts said."
But because a record number of foreclosures were recorded in June, some expect that the supply of available housing will jump again.
FULL STORY: Las Vegas housing supply hits 3-year low

Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.

Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.

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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

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