Lawrence Yun Predicts Bumpy Road Ahead For Las Vegas Homes

Lawrence Yun, the big cheese at the National Association of Realtors, spilled the beans to Las Vegas Realtors about the housing market's ups and downs. Interest rates are sky-high at over 7%, and he predicts only a tiny 2% bump in home sales, while new homes might take a nosedive by 5%. But hold onto your hats, folks! Prices are still steady at $470,000, and Yun is dreaming of a market bounce-back by 2027 if rates drop to 6%.