Boise, Las Vegas, and Phoenix look like housing busts—this interactive map
shows the shift in your local housing market
Higher mortgage rates nationwide combined with sky-high prices are dampening
demand and increasing inventory. Some markets have been hit harder than others,
including overvalued markets like Austin, Boise, Las Vegas and Phoenix. From March to
August, Phoenix inventory ballooned 317 percent, and some say a bust is looming, with
potential price decreases of up to 25 percent.