Mortgage rates dropped 0.5%—more cuts are expected before 2025 arrives. Find out why Vegas buyers shouldn't wait.
Are you thinking about buying a home in Las Vegas? Now could be the perfect time. Mortgage rates have dropped by 0.5%, which means more money stays in your pocket. You’re saving money on monthly payments right now, and more savings are on the horizon.
Don’t wait until the end of 2024 to act. While another two drops of 0.25% each are expected by the end of 2024, waiting could put you in competition with everyone else rushing to buy. Imagine a Black Friday scenario where only two Sony PS5s are available, and everyone is scrambling to get them—that’s what the housing market could look like if you wait.
Don’t wait for the scramble—secure your Las Vegas dream home today before the market turns into a Black Friday frenzy. There are savings right now and upcoming savings, so acting sooner rather than later can benefit you greatly. At The Richardson Group, we provide real estate plans to prepare you for the year. Whether you’re looking to find your dream home, upgrade your current one, or downsize, we’re here to help you handle these changes.
Contact me today if you want to be fully prepared when these rate changes take effect. We’re here to help you plan and ensure you can take advantage of these opportunities.
