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Showing posts from February, 2020

What Are the Pros and Cons to Buying in Las Vegas

 The decision to purchase a house has always come with both pros and cons, no matter where you live, so buying a home in Las Vegas is no different. It is important to make a list of both and weigh them carefully against each other to see if now is the right time. Buying a home at the wrong time can lead to disaster, especially financially, as a house is one of the biggest investments most people make. Right now, the housing market in Las Vegas is on fire. The demand for housing is high, and the number of homes is tight. This makes it a seller's market, and the limited number of houses for sale is definitely a con at this point. A good realtor can help navigate the market, making it much easier to find the perfect place. Houses are appreciating at a much higher rate than expected. Average home prices in Las Vegas jumped from 335,000 in August to 337,000 in September, an increase of 8.8 percent. The real estate Web site Zillow estimates home prices will rise 4.5 percent in the next 1