Jordan Rodriguez had been looking to buy a new house in Las Vegas, and with the market in a feeding frenzy, he put his place up for sale less than a month ago.
Rodriguez, a 26-year-old salesman at a Mercedes-Benz dealership, got multiple offers right away for the two-story house and soon went under contract with a buyer.
He had purchased the southwest valley home from a builder in 2016 for nearly $293,000 – and, he says, is now selling it for $560,000, $10,000 over the asking price.
“I feel pretty happy,” Rodriguez said.
He’s not the only one. Homeowners are cashing in on Southern Nevada’s housing craze, often selling for above the asking price, and sometimes fetching substantially more than they paid just a few years ago.
Of course, many sellers face the question of where they will move next, as fast-climbing prices and legions of house hunters are making it difficult…