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Contents
Las Vegas Housing Market Predictions 2019
The key indicators are showing that now is a good time to buy in Las Vegas
Interest rates are still low
This is in part due to another surge in population as Las Vegas continues to be a popular city to move to for work and for retirement. Las Vegas continues to show great appreciation yearly.
Las Vegas growth and development has helped to lower the unemployment rate to nearly match the US average of 4% and to match large Urban cities like Los Angeles.
With less than 5% of the market comprised of short sales and foreclosures, Las Vegas has rebounded nicely from the downswing of ten years ago.
Tourism is up and convention attendance is booming. New construction is happening throughout the city.
Currently, there are many billions of dollars being spent to increase the development of gaming, convention space, professional sports, business, retail shopping
Las Vegas has a high quality of life index with low housing costs, low cost of living, a huge amount of entertainment and now professional sports.
Many of Las Vegas’
It’s apparent that the Feds will not be raising the interest rates, this will help to keep mortgage payments low and homes more affordable. This will
Over a two-year period, we believe this will likely result in lower inventory and higher priced homes, as this Las Vegas trend has demonstrated over the past few years.
With the stock market doing well, we have also noticed a trend where investors typically look to diversify their portfolio into the housing sector.
This trend will lead many investors back to the Las Vegas market.
Las Vegas has a high quality of life index with low housing costs, low cost of living, a huge amount of entertainment and now professional sports.
Many of Las Vegas’ world-class suburbs are extending out
It’s apparent that the Feds will not be raising the interest rates, this will help to keep mortgage payments low and homes more affordable.
This will, in turn, increase the number of homes sold and increase the demand.
Read more at this in-depth look at the Las Vegas real estate housing market.
Market Reports from 2019
| March 2019 |
Featured Communities
| Las Vegas | Henderson |
| North Las Vegas | Summerlin |
| Desert Shores | Seven Hills / Anthem |
| South West Las Vegas |
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