Wealth Map Shows Negatives for Las Vegas: from 2011 - 2013

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I find it interesting that in June of 2015 they are 

putting out articles about Data from 18 months ago.

Since 2013, Las Vegas has had Incredible Positive Growth in Housing Values.

What's scary is how long it takes to compile this information for us,

and that the "People" who make decision in this country might be using it.

But it is still interesting to look at...

Interest Rates... What's Gonna Happen?

Another common question we get is...

"What is happening with Interest Rates?"

I have always felt like everybody in the Industry likes to advance the idea that 

Interest rates are always going to go up. 

This motivates Buyers that there is a sense of urgency, and they should "Buy Now".

The truth is, I have No Idea what is going to happen with Interest Rates.

I know there are factors that affect Rates.

But Nobody knows whats going to happen to them either.

Below is an example of a $250,000 Loan with Interest Rates of

4.5%  -  4%  - 3.5%  -  3% with 20% down for 15 Yrs

If Rates go up 1% it can change your monthly payment $144 a month or $1,728 a year.

PAST 12 MONTHS

PAST 40 YEARS

It's Geting HOT this Summer....

 Back to my favorite graph.

These graphs show the last 3 year price trends.

Most everyone I have talked to in the Real Estate Biz has said 

they thought the Market had "Leveled Off"

The question was, what was going to happen next?

We have all seen the Resurgence of New Construction throughout Town.

Tourism is on the Rise, and it is having a positive affect 

on our Economy and our Real Estate Market.

LAS VEGAS

HENDERSON

NORTH LAS VEGAS