Good news for Las Vegas real estate! The consensus opinion seems to be that rising mortgage rates will put only a slight damper on the housing market. Industry analysts and experts point out that housing continues to be one of the top performers in the overall economy. Industry projections still call for 2005 to be the second best year for housing on record. The best year ever was 2004. In the Las Vegas real estate market, closings for both new and existing homes continue to improve as February figures exceeded both January and year ago totals.

This entry was posted by Michelle Sterling on Friday, March 25th, 2005 at 10:08 am and is filed under Business & The Economy, Las Vegas Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.