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as Vegas is experiencing a surge in new home listings, with an 12.8% increase from last year, making it the city with the largest growth in the US. This rise outpaces other major cities like San Diego and Sacramento, while Atlanta saw a significant decline of 19.4%. The influx of new listings has been attributed to both local growth and lower interest rates encouraging residents to upgrade to newer homes.

    According to Merri Perry, president of the Las Vegas Realtors, the city's growth is undeniable, with professional sports teams thriving and major projects like a Sony movie studio in Summerlin on the horizon. Many Californians are also drawn to Las Vegas due to its affordability, with some selling their properties for cash and taking advantage of lower prices.

    Data from the Nevada Department of Motor Vehicles shows that over 158,000 people moved to Nevada from California between 2020 and last year, making up 43% of all new residents in the state. Real estate agents like Shay Stein attribute the surge in listings to timing, with lower borrowing costs allowing locals to satisfy their desire for a change.

    Mike Roland, a real estate agent based in Henderson, notes that sellers are emerging from the woodwork, indicating a shift in the market. With a desperate need for inventory, this development is welcome news for the local real estate scene.