The Las Vegas Real Estate Market is Changing Quickly.
The graphs below get sent to out weekly and this week I was Shocked to see Prices Shoot Up.
Even Amidst the Coronavirus "scare",
Buyers are Pushing Home Prices to New Highs.
Why?
Interest Rates are at All Time Lows
Falling Inventory Levels
The Vegas Economy is Strong
The Seasonal Spring Surge.
The Big question is,
Will the Coronavirus have an affect on our Market?
I'm sure it will. To what degree remains to be seen.
In the meanwhile, Buyers should take advantage of Low Rates
and Potential Lowering of Prices due to Economic Uncertainty
caused by the Health Scare.