What Housing Bubble?

NAR recently released stats that show the Las Vegas real estate market is on track to another record breaking year. Housing markets around the U.S. are bustling and this is no different for local homes and condos. Las Vegas experts are saying that this upward swing in the market is due to low interest mortgage rates.

Because the economy is on track and with the low mortgage interest rates the local real estate market is shifting. Towards the beginning of the year rumors of a housing bubble gave consumers a scare and developers headaches.

For now however, things look to pick up and those rumors of a housing bubble seem to be flowing into the wind.