The year 2023 has unfolded as a narrative of contrasts in the housing sector, where existing-home and new-home markets are dancing to different tunes. As we delve into the insights provided by Zonda’s survey of builders, a nuanced story emerges, shedding light on the challenges and opportunities shaping the industry. New-Home Market Challenges: In October, […]
Las Vegas Economy Update
Decoding the Housing Market: How Falling Mortgage Rates Could Spell a Boost in Home Prices
As we wave goodbye to 2023, let’s dive into an intriguing twist in the real estate market! Mortgage rates, those pesky percentages that can make or break a homebuyer’s dream, have been on a rollercoaster ride, but here’s the latest scoop: they’re falling! Yes, you heard that right. After reaching a spine-tingling high of around […]
2024’s Forecast: Navigating Las Vegas Real Estate in a Lower Interest Rate Climate!
Hello, Las Vegas home enthusiasts and market watchers! As we look ahead to 2024, the winds of change are blowing through the real estate market, with anticipated federal interest rate cuts finally on the horizon. This shift could bring a wave of opportunities and challenges for both home buyers and sellers in the vibrant Las […]
LAS VEGAS ECONOMY DIVERSIFIED AFTER THE PANDEMIC
In the last year and a half, the state of the economy has been on everyone’s mind. There is encouraging news in Las Vegas if you are looking for a job. New jobs are being created in the Las Vegas Valley as more diversified industries are moving into the area. Job growth in Las Vegas […]
