The truth about a market crash and if buyers need to act soon.
What’s going on in the Las Vegas real estate market? Is it going to crash? Many people have asked me these questions, so I’m here to talk to you about them today. In the current market, about 1,500 homes come on sale and about 1,400 go under contract every seven days. This shows us that we’re not headed toward a crash. This is because we’re not gaining a bunch of inventory.
If you’re a buyer, I would recommend that you don’t wait any longer. Experts are predicting that interest rates will drop soon, which means that more people will enter the market and want to buy. Then there will be less inventory and higher prices for you to deal with. Still, these things will prevent the market from falling apart.
If you’re considering buying, whether it’s your first home, an investment property, or whatever else, contact me today. You can call or email me anytime, and I’d love to talk to you about your next steps.
