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Las Vegas Real Estate - It's Definitely A Buyer's Market

By
Real Estate Agent with Coldwell Banker Wardley

Have you ever been guilty of falling into the unfortunate predicament where you "Bought High" ... and "Sold Low"?  Yep - me too.  It wasn't what I set out to do ... but my timing was all wrong.  Let's just say, I learned from my experience!

Presently, I keep hearing people say that they want to "hold off" on buying for a little while.  Really??? Why??? The truth of the matter is that we truly are in the BEST TIME TO BUY that we've seen in years.  Prices have come down dramatically and the rates just dropped again on Tuesday.  You can actually get a 5.5% interest rate right now.  Maybe lower if things continue the way my mortgage friends anticipate.

Now I know there are some of you that keep thinking that the market is going to drop even more.  Maybe it will - I definitely don't have a crystal ball ... and I don't know anyone who does.  So on the flip side - it could stay flat ... it could go up.  The one thing I DO know FOR SURE is that no one can ever truly time the market - but right now is a GOLDEN buying opportunity.  My point is that if you wait ... and wait ... you could miss it.

Don't get me wrong - there are still some overpriced homes out there - but if you know how to find the good deals ... you can buy below market right now.  Bank-owned properties are at an all-time high in Las Vegas & the banks are wanting to get rid of the property ... Short Sales (if handled properly) can be bought well ... Builders are wanting to sell existing inventory and are offering great incentives ... and traditional resales have some great deals as well. You just have to do some research.

So what are you waiting for???  If you have been renting - you can pay almost the same for your mortgage that you are for rent.  If you've wanted to own a property in "Sin City" Las Vegas - now is your chance.

Want to hear more???  Let me know!

Aubrye Harris

www.AubryeHarris.com

(702) 375-7443