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If you’re in the process of buying or selling, you’re probably in a good spot. Many sellers are seeing higher bids, and many buyers can afford to make them because of currently low rates. Interest rates are expected to increase in December. Estimates show that for "every .5% (one-half)  percent increase in interest rate your purchasing power may be decreased by 4 to 5 percent (the percentage is smaller for lower loan amounts). For every 1 percent interest rate increase, your purchasing power may be decreased by 9 to 11 percent (the percentage is smaller for lower loan amounts)."

If you’re planning to stay in the home you now own, it’s likely your home value is growing, currently at 5.8% year over year increase nationwide, higher in some locations across the Las Vegas Valley. More equity and the possibility of refinancing at today’s rates create a comforting combination that’s tough to beat.

The Bush Realty Group consistently ranks in the Top 5 Teams at Keller Williams Realty Southwest Las Vegas and number 46 of over 10,000 agents in Clark County- Greater Las Vegas Area. The Bush Realty Group is a team of Real Estate Professional in Las Vegas Nevada. Born and Raised in the Las Vegas area with over 17 years experience. In addition to being well-versed in buying and selling homes, The Bush Realty Group has worked with land development, managed new home community projects and commercial land sales and leasing. Presently, Michelle Bush serves at Keller Williams Realty as a Broker/Salesperson. The Bush Realty Group is a group of accomplished Real Estate professionals who prides themselves on providing outstanding service to their clients. Their experience and knowledge allows them to be well rounded in all aspects of real estate transactions. The Bush Realty Group takes care of their clients by servicing them from list to close. For all your real estate needs, please visit The Bush Realty Group at www.LasVegasAreaHomeSearch.com or call 702.483.9620.