Las Vegas sellers are entering October with an uncomfortable question: how much house can buyers still afford when mortgage rates start with a seven? September’s first listing figures already show pressure. The harder question is how that pressure will translate into completed sales, negotiated prices and deals that never reach the closing table. Realtor.com’s September report, published October 2, put the median Las Vegas asking price at $464,900, down 2.1% from a year earlier. Active listings reached 11,047, up 6.3%.…
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Las Vegas Is About to Find Out What 7% Rates Did to September
Las Vegas entered fall with more listings, price cuts and mortgage rates above 7%. September sales will show how buyers and sellers responded.
