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Tagged "Interest Rates"

Nevada

Blog by Chris Shouse

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Nevada

Some analysts SAY!!!!!!!!

Aug. 15, 2006

Categorized in: House Prices

Tagged with: condos, interest rates, investing, single family residents, townhouses

The Feds did not raise rates again, yet people are not buying. Why? While the rates have gone up some they are still at record lows. I just checked the MLS here in Las Vegas. We have 1,320 Townhouses, 2,939, Conds, and 17,421 Single Family Residences. WOW, that is a lot of properties. Could some of the problem be the newspapers, television, and radio talking about how no one is buying and the bubble getting ready to burst? If you were thinking about buying, I think I would go ahead and do it. Do you want to wait until the rates get up to 14% or higher? I am doing some investing myself now is a GREAT time to buy in Las Vegas.

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