Residential Real EstateMarket Conditions
Market expert Emily Bonton says now is an ideal time to buy in southern Nevada, as mortgage interest rates remain at historically low levels, effectively lowering the cost of buying a home.
Southern Nevada"s economy remains stronger than most metropolitan areas, Bonton says, with steady job and population growth.
She reports that Clark county added more than 96,000 new residents in 2006, which bodes well for the long-term strength of the local housing market.
Bonton says the Las Vegas valley continues to be a leader in job creation and has one of the lowest unemployment rates in the nation.
And of course these economics factors indicate increasing demand for housing and more opportunities for newcomers and existing residents to own their own home.
Southern Nevada offers attractive real estate investment opportunities, Bonton says, and the history of the local housing market suggests long-term growth for this area.
For more information on this market, contact Emily Bonton today at: 702-217-4542.
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