Las Vegas Real Estate Blog

What Do Experts Say About Today’s Mortgage Rates?

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison.

What Do Experts Say About Today’s Mortgage Rates?

Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates present buyers with an incredible opportunity. Here’s what they have to say:

Sam Khater, Chief Economist at Freddie Macpoints out the historic nature of today’s rates:

“As the economy works to get back to its pre-pandemic self, and the fight against COVID-19 variants unfolds, owners and buyers continue to benefit from some of the lowest mortgage rates of all-time.”

Mark Fleming, Chief Economist at First Americantalks about how rates impact a buyer’s bottom line:

“Mortgage rates are generally the same across the country, so a decline in mortgage rates boosts affordability equally in each market.”

Danielle Hale,...

Options for First-Time Homebuyers [INFOGRAPHIC]

/userfiles/742/image/Condos are great Options for Las Vegas First-Time Homebuyers SeeVegasHomes.png

Some Highlights

  • With a housing market this competitive, sometimes you have to think outside the box.
  • Work with your trusted real estate advisors to do things like assess your budgetexpand your search radius, look into other options, and determine your true needs.
  • If you’re having trouble finding your first home, let’s connect to explore your options. It’s out there!

...

Reasons to Buy A Home

reasons-to-buy-home-seevegashomes
Gain stability and put down roots, all by purchasing a home! How would owning a home benefit you?
? Jasmine Bega | REALTOR ®
Broker Salesperson Lic.143185
Urban Nest Realty
m: 702-417-0884

Ready To Sell, but Don’t Know Where You’ll Go?

Ready to sell your house but not sure where to go SeeVegasHomes

Some Highlights

  • If you’re thinking of selling your house but don’t know what you should buy, you have options.
  • Existing homes offer a wide variety of home styles, an established neighborhood, and lived-in charm. Meanwhile, new home construction lets you create your perfect home, cash in on energy efficiency, and minimize repairs.
  • Whether you’re looking for newly built or existing homes, both have their perks. If you’re ready to sell your house, let’s connect today to go over the perks of both existing and newly built homes to find out what’s right for you.
...

Consider Purchasing a Condominium

Las Vegas Condos for Sale FHA VA

It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option.

In fact, trends indicate condos are gaining popularity among buyers. In the latest Existing Homes Sales Report from the National Association of Realtors (NAR), the data shows condo sales rising throughout the first half of this year (see graph below):

There are a few reasons more and more people are opting to buy condos – the benefits of condo life can be quite compelling. Let’s explore the main perks to find out if a condo is a good fit for you.

Affordability

As of July 2021, the median sales price of a condo or townhome in Las Vegas is roughly $180,750 less than the median price of a single-family detached home (see graph below). This makes condos a great option for first-time homebuyers, those with limited down payment savings, or those looking to save money by...