Posts from January 26th, 2024

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January
26

Aviation-focused home in Henderson with 30-foot ceilings on market for $18.5M

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A custom-built house perched high above the lights of the Las Vegas Strip has gone on the market for $18.5 million.

Located in the Dragon's Reserve in MacDonald Highlands community of Henderson, the property has seven bedrooms over 10,067 square feet. It was built...

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January
26

What Vegas locals can look forward to during Super Bowl LVIII week

An NFL executive discusses plans for the upcoming Super Bowl, including fan activities and game promotions on the Strip

Posted at 6:52 PM, Jan 25, 2024
and last updated

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January
26

December brought with it some excellent signs for the market, and more good news on interest rates than we've seen in the past year and a half. While the FED has not actually lowered their prime interest rate, they have signaled that they intend to lower interest rates 3 to 4 times in 2024 with the first one expected in March. Despite the fact that the prime rate has not actually been lowered, mortgage interest rates have already moved down around a full percentage point from November, brining an average savings of $400 per month to buyers on a median priced mortgage. This has already led to a rise in pending sales in December, despite the holidays, a great sign that activity is likely to continue to pick up earlier than normal this year.

 

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