Las Vegas Leads Nation In Housing Price Increase

By: Trevor Smith Email
By: Trevor Smith Email

Increasing home prices and stiff competition are keeping people from purchasing homes across the country.

The Las Vegas market has increased by nearly 25% in the past year, the highest in the nation.

Mortgage rates are up by nearly a point to 4.3%, which means borrowers are paying 25% more than a year ago.

Cash offers are also more prevalent as roughly 35% of buyers are paying up-front.


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