Market Snapshot Las Vegas Real Estate & Financing News by: Chakits Krulsawat
The Fed policy rate hike next week in now almost 100% certain, after recent comments by Fed Officials. The Fed anticipates three rate increases in 2017. The Fed's mandate is to keep strong employment and low inflation. Jobs data this week showed that the market remains strong, with low unemployment. Inflation in on the rise, both in the U.S. and abroad, as the economy continues to grow. Inflation pressures mortgage rate and could contribute to rate a hike.
Fannie Mae's Home Purchase Sentiment Index for February had five of the six components hit record highs, showing continued strength in the market. Consumer confidence in the housing market hit a new all-time high in February. Of those surveyed, 40% say now is a good time to buy a home. Although tight inventory remains a problem, there may be hope on the horizon. 22& of consumers say now is the good time to sell, also a new high.
If you are thing about buying or selling a home? Contact Chakits Krulsawat Las Vegas & Henderson Nevada REALTOR at 702-319-1092
Author:Chakits Krulsawat Phone: 702-319-1092 Dated: March 10th 2017 Views: 694 About Chakits: ...
About Homes For Sale In Henderson & Las Vegas, Nevada
Chakits Krulsawat Group, The Leading Experts Connecting Clients To The Las Vegas Real Estate Market From Buying To Selling, Providing Accurate Up-To-Date Information, Skilled Analysis And Sound Real Estate Advice. While Maintaining The Highest Level Of Service!
Capri Modern Townhomes by Pardee Homes in Henderson, NV. Inspirada&nbs
"Chakits is very reliable and does what he says he will do. He takes his job seriously without being pushy. If he doesn't know something he will say he doesn't know but he will also find out and get back with you. He makes you feel very comfortable therefore, you know you can depend on him to get the job done and he did for me."