As we move into 2025, optimism in Southern Nevada's real estate market is high, driven by expected improvements in economic conditions, rates, and buyer activity.
The fed has dropped rates recently but insists cuts will be nominal. A slight dip to the low 6% interest rate will reignite buyer interest.
Potential buyers are hesitant to let go of their favorable mortgage rates in the 3-4% range; however, a dip into low 5% could stimulate the market.
Increased buyer traffic will create more competition, possibly driving property prices up and leading to quicker sales for sellers with desirable properties.
Collection
[
|
...
]