Friday, September 10, 2021 / by Ken Couture
After months of soaring, Las Vegas lenders stated that local real estate prices are beginning to stabilize and it may be time for new buyers to enter the market.
experts like Andrew Leavitt from Pay It Forward Lending said the market was changing.
"I want to say that if the buyer has between $ 1,000 and $ 3,000 in the security deposit, you will likely buy a property that is cheaper than your current rent," Leavitt said.
Currently, the hottest postal codes in the valley are the Henderson (89052) and Summerlin (89135) sections, and the average home value is around $450,000. Levitt said potential buyers should not be discouraged by home prices and should focus on monthly mortgage payments.
Maxine Silva is the first owner. When the scorching real estate market cooled, she took advantage of this.
"I like the house we bought," Silva said. "When my loan showed me the monthly repayment amount, I thought, ‘Yes, I can."
Follow us on:
FB: Ken Couture Realty Your Home Sold Guaranteed
Twitter: Ken Couture
Pinterest: Ken Couture
LinkedIn: Ken Couture Your Home Sold Guaranteed
Contact us at: