Columbus Square Real Estate

TERRI DUNN REALTOR® 702-813-8356

Despite what you may be hearing in the headlines, experts agree home prices are still projected to rise overall in 2025 – just at a slower pace than we’ve seen recently.

On average, forecasters say it’ll be about a 1.5-2% increase nationwide this year.

While some markets are seeing prices level off or dip slightly right now, a dramatic drop across the board isn’t expected. Prices may even be what some would argue as closer to flat by the end of this year.

But context matters, and what you should always keep in mind is, nationally, prices are up 55% compared to just 5 years ago. So, some slight declines don’t drastically change the game.

But every market is different. So, let’s talk about what prices are doing in our area and what that means for your plans.



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TERRI DUNN REALTOR® 702-813-8356

Knowing what’s ahead for the rest of the year is key to your success, whether you’re planning to buy, sell, or just stay informed. And that’s why you need an expert who will keep sharing these market updates with you.

So, what do the latest forecasts show? Mortgage rates will likely settle in the mid-6s for the rest of 2025. And that’s not terribly different from where we are now. So, don’t expect a big drop in rates.

But, keeping an eye on factors like inflation that can influence where mortgage rates move is key. And that’s why you have a pro on your side.

If your plans are changing, don’t wait on a rate that may not come. Let’s have a conversation, so you can see what’s possible in today’s market.



CALLTERRIDUNN.COM

TERRI DUNN REALTOR® 702-813-8356

Are you thinking about selling your house? A few simple mistakes could end up costing you big time – and most sellers don’t even realize they’re making them.

Things like pricing too high, spending money on the wrong upgrades, or refusing to negotiate can all hurt your sale. Fortunately, they’re easy to avoid when you have an expert on your side.

Let’s talk about how to get your house sold without leaving money on the table.

What’s one thing you’d want advice on before putting your house on the market?



CALLTERRIDUNN.COM

TERRI DUNN REALTOR® 702-813-8356

A lot of homebuyers are missing a big opportunity in today’s housing market: newly built homes.

Right now, there are more new homes to choose from. And as a result, some builders may be more willing to negotiate on price. Many are even offering better mortgage rates too via something called mortgage rate buy-downs.

This graph shows buyers of newly built homes got a mortgage rate around half a percent lower compared to those who bought existing homes.

That means you could find a great home with a lower mortgage rate, and that might make your monthly payment more manageable than you expected.

If you haven’t considered a newly built home yet, what’s holding you back?

Let’s talk and see if checking out new construction could be the right move for you.



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