Donovan Young With Keller WIlliams The Market Place

11/23/2022

Buy downs are popular now!

Builder confidence continued its downward spiral in November, and builders are now looking to mortgage buydowns to bring in buyers.

11/23/2022

Let's watch this carefully!

The steep increase in interest rates has caused 30-year fixed mortgage rates to more than double from 3% at the start of the year.

11/16/2022

Yea, Let's get down, rates that is!

Mortgage rates fell sharply Thursday after a government report showed that inflation had cooled in October.

11/16/2022

It was bound to happen!

The once red-hot Las Vegas housing market continues to cool off as the weight of rising interest rates and increased inventory takes its toll. The median price of a previously existing single-family home fell to $440,000 in October.

10/31/2022

We knew eventually sales would slow down!

A recent Las Vegas Realtors report shows local home prices holding steady after declining for three straight months, with fewer properties selling and more available for sale.

10/31/2022

While it's impossible to predict where prices or interest rates will be in the coming months or years, here are ways to best prepare for entering the market.

10/15/2022

In the last year, the average rate for a 30-year fixed mortgage has jumped from 3.69% to 6.7%, according to Freddie Mac.

10/06/2022

There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the h...

10/06/2022

TAKE THE TIME TO READTHIS ARTICLE

Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this ri...

10/05/2022

While the Las Vegas real estate market has been through some dramatic changes so far this year, most notably rising interest rates and rising supply of available homes for sale, there are still var...