Nevada Newsmakers

Host: Sam Shad

Eli Segall Real Estate Reporter, LVRJ

"It really remains to be seen what the full effects of the rising mortgage rates are going to be."

- Eli Segall, Real Estate Reporter, LVRJ, says that sale prices for homes in Southern Nevada are still hitting record highs and are selling fast, even as interest rates have gone up. However, he also notes he has heard anecdotally that possibly in Vegas and definitely across the country more sellers are slashing prices.