The GLVAR is the association for Las Vegas real estate agents. Agents are required to follow the code of ethics and hold themselves to a higher standard. Whole real estate teams and brokerages follow these standards.
The GLVAR also follows the real estate market in the valley and offers tips and indicators to the public to help them make informed decisions.
The position paper suggests the following:
"Mortgage interest rates remain at historically low levels, effectively lowering the cost of buying a home. It is not clear when interest rates will begin to rise. However, economists and other experts generally agree that rates are unlikely to fall significantly in the near future."
Las Vegas remains strong in the job market and future growth. In fact, it is supposed to be stronger than most metro areas.