The Real Estate Market in Las Vegas can be compared to walking into a shoe store. Now let’s say for example that your shoe size is 9 1/2.
However, the store you walked into only happens to have 9’s and 10’s in stock.
So you’re going to wind up with something that’s too small and might be a little too tight, or you’re going to pick the larger size that’s bigger and maybe even more expensive than you’re used to and will have to adjust.
Now you may think this store obviously doesn’t have what I’m looking for, so I’m going to go to the next shoe store down. Which in this case may be Pahrump, North Las Vegas, or even Summerlin depending on what you’re used to. And it may be considered to be in the middle of nowhere, which could be a lot longer of a walk than you intended to make in the first place. It also might not be that far away, but in light of the fact that the other store sold out, there just may be a mark up of the exact same shoe through means of demand.
There’s always the option of going through a tailor or shoemaker to have a shoe made especially for you, just like with a new home. You might find it a little more expensive, it might be a little less expensive, but the professionals that make the shoes you want are on the edges of town. Let’s say you like the shoemaker’s work so much that you decide to live beside their operation, but you still work on the other side of town where the first shoe store was. Are you saving as much to constantly commute to the other shoe store? Maybe, Maybe not.