Things to Consider When Purchasing a New Home Build versus a Resale Home
In Las Vegas, we are currently experiencing a small shortage of resale housing inventory, which has made the expanding new home market increasingly popular. So what does that mean exactly for home buyers today?
Well, a couple years ago a buyer had plenty of options to choose from when it came to selecting a house. They could find homes in the area they wanted and usually at a price point that was within their budget. Now, we’re seeing the opposite, and we are finding ourselves with a lack of resale housing inventory.
However, what Las Vegas does not have a lack of is new home builds. So, how is purchasing a new home (new build/new construction) different than a resale, and which is better? Let me break down some key characteristics to consider.
The Zach WalkerLieb Show: Dive into CES
CES did not disappoint this year! At the convention, Zach saw cool new gadgets, TVs and VR (virtual reality) and gaming equipment, but what he was really there for were the advances in smart home technology and the self-driving cars. Since we’re mainly a home, real estate and lifestyle blog, I’m going to focus on the smart home technology!
National home equity is falling, but Las Vegas bucks the trend. While U.S. household real estate values dropped $361 billion in Q3 2025 and equity-rich homes declined nationwide, Vegas homeowners maintain strong positions with just 0.5% distressed sales.
Our market's resilience stems from locked-in low mortgage rates (averaging 4%), economic diversification, zero state income tax, and sustainable price growth. Unlike Sun Belt markets experiencing sharp corrections, Las Vegas prices are down only 2% from peaks—a healthy normalization, not a crisis. Local homeowners should feel confident despite concerning national headlines.