by Calculated Risk on 10/10/2005 12:13:00 AM

Note: my most recent post is up on Angry Bear: Thinking Short Term

KLAS-TV reports: "Record Number of Homes for Sale"

There may be signs the housing boom is finally cooling off in Las Vegas. Real estate agents say there are now more homes for sale than ever.

There are currently 16,000 homes listed for sale. That's 6,000 more than last year.

And the NY Times reported:

A real estate slowdown that began in a handful of cities this summer has spread to almost every hot housing market in the country, including New York.

Inventory, inventory, inventory. That is the current housing story.