If you know anything about the Las Vegas Real Estate, you know it is BOOMING all over the valley. Both rental homes and homes for sale are coming on and off the market faster than you can blink, and it seems like it is only going up from here. Homes will have multiple offers on it before it even comes up on your new home search. It is a must to find an agent that is willing to constantly check the market and send you homes in your desired area/budget. Start looking out for the interest rates you are being offered from your loan officer, as the market goes up so do the interest rates. It is not a problem shopping around and finding a loan officer that is not only going to get you the best deal, but will also work hard during the whole deal so you are not pushing move-in dates back. “The lack of affordable homes across income brackets, excluding the most wealthy, is being fueled by low wages, rising mortgage rates, and the underproduction of housing for nearly two decades, according to the report” Realtor.com states. The Las Vegas Real Estate market is not projected to go down anytime soon, in fact it is expected to keep rising through 2019. Now that Las Vegas has a professional sports team (Golden Knights, NHL) and we are expected to get another (Raiders, NFL) people are predicting the market might not go down for the next couple years or longer. While searching for homes in the Las Vegas Real Estate market, you need to do more looking in person than looking online. Houses are receiving multiple offers within hours of them being posted on the internet, so saving a couple of houses for a couple weeks and expecting to see your dream house a month later, might not be an option in today’s market. Lucky for us, we have smart phones/ tablets/ ipads and other resources to house hunt on throughout the entire day. Not only are re-sales booming, so are new homes. There have been so many new home builders all over the valley, Cadence in Henderson, NV; Insiprada in Henderson, NV; and Downtown Summerlin, NV. Basically any where you can think of, there are new homes being built in a similar area. Not only are re-sales and new homes a hot market, so is the Las Vegas Rental Market. Rental properties in the summer months in Las Vegas are moving so fast most people cannot keep up, people will call after seeing a rental, and the property will have multiple applications on them. Not only are the properties coming on and off the market, the rental comps have gone up majorly as well. Home owners are getting anywhere from $50 a month to $150 a month MORE than they were 2 years ago on their rentals, and it does not stop there, the rental market is still going up! If you are looking into renting out your Las Vegas home/ buying a home, now is the time.