‘Necessary evil’: Las Vegas Realtors urged to adapt as mortgage rates near 3-year high
Las Vegas realtors are adjusting to a difficult market as mortgage rates approach a three-year high. Buyers are hesitant to lock in high rates, while sellers are reluctant to lower home prices.
Local realtors are facing buyers who question locking in high mortgage rates and sellers who are reluctant to drop home prices amid a backdrop of rising borrowing costs.
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