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The housing market is hot, with prices rising as demand far outpaces supply in almost every region. However, when it comes to luxury real estate, things are quite different. In the upper-end market, inventory is plentiful in most locations.

Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained:

The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are:

The Housing Market says...it's time to buy! #robertdefalcorealty #statenisland #brooklyn #nyc #newjersey

Inadequate Inventory Driving Prices Up

City of Las Vegas

Existing Home Sales Surge Through The Holidays - Each and every housing indicator is strong right now. Sales are strong nationally and Las Vegas is no exception. Sellers have nothing to fear and buyers are only going to cost themselves by waiting. Contact me today to stay ahead of the market.

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