According to the latest Market from the Greater Las Vegas Association of Realtors (GLVAR), local home prices inched back up to the $300,000 mark in March (2019) while fewer properties changed hands and more homes were on the market than a year ago. Likewise, it could be a great time to buy in Las Vegas this Spring 2019. Here are some other positives for home-buyers looking to purchase a home in Las Vegas this Spring:
Low Interest Rates
After nearing 5% in 2018…rates are now 4.41% on a 30-year mortgage.
Your Tax Refund may be the Key to Home-ownership
Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals. For anyone looking to buy a home in Spring 2019, this can be a great jump toward a downpayment. More InventoryThis Spring more homes are coming on the market. More listings means more choices for home-buyers! Our Southern Nevada inventory is up sharply from one year ago, but is still less than a three-month supply homes available for sale.Get settled in time for Summer!
Don’t miss out on hosting friends and family in your new home!If you’re thinking of selling your home this year, the time to list is NOW! According to the National Association of Realtors, 41% of homes sold last month were on the market for less than 30 days! If you list now, you’ll have a really good chance to sell in April or May, setting yourself up for the most exposure!