Good Year On The Horizon

September 19, 2006 Posted In Economic News Market Conditions Real Estate News

According to stats released from NAR, the Las Vegas real estate market looks to be on track for another record breaking year.

Not only does it appear that the market will have a busy year, but housing markets all over the U.S. are on track to set records. Stats show that low interest rates are boosting the housing market. Also mortgage interest rates are scraping new lows.

With lower interest rates, Las Vegas is letting loose a sigh of relief. Widespread talks of bubbles gave local developers and builders headaches.

However with the low interest rates combined with strong market fundamentals, the Las Vegas market looks to have another good year.

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