Southern Nevada’s housing market is accelerating today with rapid sales and record prices, and industry sources say the market is moving at the fastest pace in a long time. So, are we floating in another market bubble?

There’s a T-shirt out there that says, “Don’t California My Nevada.” It sums up the fear that some have that Nevada will become more like our neighbor to the west if enough Californians move here.

Experts think mortgage rates will hover around 3% this month – extending the window for borrowers to lock in a low rate.

Buying a home represents an important milestone for most consumers. But for those who dive in to the deep end of real estate without a financial safety net, the decision could lead to buyer’s remorse in the long run. Mortgage rates hit an all-time low during the coronavirus pandemic, but they are beginning to rise again as conditions start to improve. In the wake of rates that are still quite low overall, many homeowners have looked to refinance, and many other Americans are wondering if now is a good time to buy.

The ongoing coronavirus pandemic has done nothing to quell the upward trajectory of home prices in Southern Nevada.

Since COVID-19 swept the nation, the housing market has been shrouded in uncertainty. In the spring, shelter-in-place mandates brought the real estate industry to a screeching halt. However, as restrictions have been lifted, real estate sales have soared in suburban markets.

When the City of Henderson became the only municipality in Southern Nevada to allow short-term vacation rentals, council members said the ordinance would regulate the industry by honing in on illegal operators and making the cost of doing business prohibitive for bad actors via hefty fines.

If you’re like most people, you’ve probably come across a dream home or two while scrolling through Zillow or another listing site.