Why Buy a Home In Las Vegas? By Steve Wadkins & Gerri Wadkins Realtor®
You’ve probably heard it all over media outlets. "Affordability is at an all-time high." "Interest rates are below 4.0 percent!" The question remains, however, why buy a home?
With interest rates at historically low levels and markets across the country beginning to improve, homeownership is within reach of more households than it has been for nearly two decades.
What does this mean for Las Vegas buyers? It means that you should be calling us and asking what home prices are and compare those to your own family income. Are you in the position to buy a larger home or move up thanks to low rates and low prices?
The Las Vegas market is the perfect climate today for buyers with cash for down payments, steady incomes, and good credit scores. Buying today is full of opportunity. You can buy more home for less money and pay less interest over the life of the loan thanks to incredibly low interest rates. We are reading that the banks are loosening up on getting financing for homeownership. We will give you names of Loan Officers here in Las Vegas.
Rates have never been this low. They are currently under 4.0 percent for buyers. Even if you don’t have an excellent credit score you may still be eligible for other good rates or deals. Now is the time to find out!
There are fewer buyers on the market, which means you have more leverage at the negotiating tables. Sellers are willing to make more concessions and many are motivated to sell, especially if their home has been lingering on the market. New Homes are sitting ready to move in, call me and I will represent you on the buyers side.
Additionally, there are incredible deals to be had on the glut of foreclosed and short sale homes which are now on the market. Many homes that have been delinquent for years are just now hitting the market. These banks are ready to unload.
Why should you buy a home right now? You’re going to find better deals, lower prices, and the best rates in history for buying a home. That sounds like an ideal time to enter the market! Call us and ask questions.
Steve & Gerri Wadkins Realtor®
Realty ONE Group/Wadkins Home Team
702-591-2576
www.WadkinsHomeTeam.com