As a Realtor with The Realty One Group, I work with both buyers and sellers. Most of the work in the industry has been with distressed properties and their owners. Many seller clients have been people underwater with their property value, unable to make mortgage for a viriaty of reasons including rate increase due to adjustable rate, death or divorce, or loss of emplyeement to name a few.
Many buyers have been investors, families relocating to Las Vegas as well as families wanting to move up or down with respect to size of the property.