Why Is It A Good Time To Buy A Home In Las Vegas

Dated: 06/25/2019

Views: 149

Image title

Why is it a good time to buy a home in Las Vegas? Why are buyers not buying homes in Las Vegas? INTEREST RATES ARE BELOW 4%! SELLERS ARE BACK TO PAYING CLOSING COSTS! SELLERS ARE WILLING TO MAKE DEALS HAPPEN now that homes are sitting on the market longer... Why are buyers sitting on the fence? I have an opinion! Buyers do NOT want to buy a home today and it be worth 50-60% less tomorrow... PERIOD! I get it and I understand, I was there... BUT!

There isn't anything the same about 2008 and today's market! Most notably we have the jobs to support our current market! LV is #1 in the nation for the lowest unemployment rate! And from now through 2020 we will see jobs explode with all the projects set to open in our amazing city! We also do not have 100% financing or stated income like we had back than. Buyers have skin in the game. Do we all really think that these huge corporations would sink billions upon billions of dollars into a failing city? 

All the analyst's I've heard and spoken to all agree Las Vegas has a very bright future! Will we experience a "bad time"? Absolutely! It happens! But every money manager, analyst, banker I have spoken to all seem to think Vegas will come through the downturn with flying colors. Please keep this in mind... A 1% INCREASE IN THS RATE, NEGATES A 10% REDUCTION IN HOME VALUE... So while you buyers are waiting for the market to tank and the now low rate jumps (and it will) you will have lost $$ 

NOW IS THE TIME TO TAKE ADVANTAGE of this housing market. Low rates, sellers willing to make deals and pay closing costs... In 5-7 years I promise you won't have any regrets! Call/text Daryl Hanna 702-218-4585  darylhanna@gmail.com

Blog author image

Daryl Hanna

Daryl Hanna and The Hanna Group are committed to bringing the respect back to the real estate profession through making sure each and every transaction is handled with the utmost care & respect!! The ....

Latest Blog Posts

What To Know About Home Inspections

The house hunt is finally over and you decide to start the closing process on your soon-to-be home, congratulations! You have visited the house and seen it at its best, beautifully polished, shiny

Read More

10 Steps To Buying A Home

Buying Step #1: Figure Out What You Can AffordIn other words, account for expenses. The purchase of a home is a complex process. In particular, buyers will often feel troubled by the huge expenses

Read More

Is It Better To Rent Or Buy A Home

Virtually all adults ask themselves this at some point as they form their goals and plan for the years ahead. Owning and renting each have their advantages, but what is best for you depends on your

Read More

Should You Invest In A FixerUpper As A FirstTime Buyer

Should You Invest in a Fixer-Upper as a First-Time Buyer?Buying a fixer-upper is often seen as an easy way to save on a first home without sacrificing on important things like size and location. You

Read More