Good Time to Buy?
As we approach the end of August 2022, the Las Vegas real estate market has shifted. This is a great time for home buyers as there are nearly 10,000 homes for sales in the Las Vegas valley. We can attribute the change in market conditions to the rise in interest rates. The better news for home buyers is that many sellers are willing to give concessions to buy down the interest rate for your mortgage loan which will save hundreds of dollars off the home buyers monthly mortgage payment. Talk to your agent and loan officer to make sure you have a game plan that works best for you and your budget.