9min chapter

Real Estate Today cover image

Mortgages and rising interest rates

Real Estate Today

CHAPTER

Impact of Rising Mortgage Interest Rates on Real Estate Market in Las Vegas

This chapter discusses the impact of rising mortgage interest rates on the real estate market in Las Vegas. It explores how rate hikes caused a slowdown in the market, but it started to rebound in January of 2023. The chapter also highlights the challenges faced by first-time buyers and the adjustments made to help them enter the market.

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