Ever wondered how to navigate the increasingly competitive Las Vegas real estate market? Let's uncover this mystery together with our expert guest, Brad Watts from JFK Financial Inc. , a master lender finance expert. We delve into the latest trends in the market, such as the recent increase of 200 homes totaling to 3,380 single-family homes up for grabs. Brad shares his insights on the high interest rates and how potential buyers are more interested in securing their dream home than waiting for a rate decrease. He also brings some crystal ball predictions to the table, expecting rates to shoot up to 6% by the end of the year, and 4% by 2025.
Moving along, we look into the nitty-gritty of selling houses and the dynamics of mortgage rates. We illuminate the impact of the Consumer Price Index (CPI) on mortgage rates and discuss the recent scarcity of rate buy-downs. Wondering how the upcoming election season might affect mortgage rates? We have that covered too. Brace yourself for a thrilling conversation that simplifies the complexities of mortgage rates and the factors that influence them.
Lastly, we face head-on the common challenges and misconceptions that often deter potential home buyers. We debunk myths and address fears that you may have, stressing the importance of consulting a professional before making any decision. We also discuss how the current low inventory levels and the lack of rate buy-downs can make securing a good offer quite a mountain to climb. But don't fret, Brad shares invaluable insights on the benefits of home ownership and the potential increase in rent prices over time. Join us in this enlightening episode and equip yourself with the knowledge to successfully navigate the Las Vegas real estate market.
Welcome to Vegas Realty Check, the informative podcast that dives deep into the world of Las Vegas real estate.
Our expert hosts break down the complexities of the ever-changing Las Vegas property market, analyze market trends, economic indicators, and unique property features to provide you with valuable insights on timing your home sale or purchase.
Don't miss out on the fun! New episodes drop every Thursday! Stay in the know about Las Vegas real estate with insights straight from the pros . Thanks for watching, listening, and sharing!
If you LOVE our content , Please subscribe to our show here
https://www.buzzsprout.com/1428685/support
Linktree https://linktr.ee/vegasrealtycheck?utm_source=linktree_profile_share<sid=665d8181-2204-45fb-b56f-e8ed3efbfd18
Send Listener Questions to : VegasRealtyCheck@gmail.com
Access All Episodes at RealtyCheck.Vegas
Watch Live on Facebook Thursdays @9:30am PST
https://www.facebook.com/VegasRealtyCheck
Linktree https://linktr.ee/vegasrealtycheck?utm_sourc...
