July Showed To Be A Turn Around Month

September 2, 2006 Posted In Economic News Market Conditions

NAR reported that the local housing market saw single-family homes sales increase in July while mortgage interest rates continued to decline.

Home sales were taking a hit during the first half of the year. So far this year Las Vegas has been rebounding from the hit it had earlier.

Homes and condos sales are up and with continued talk of falling mortgage interest rates things are looking up for consumers living in the Vegas area.