Housing Market

Man celebrates interest rate drop and increased activity in the real estate market.

Interest Rate Cut Ignites Real Estate Activity in Nevada

The Federal Reserve enacted its first interest rate cut since the pandemic on September 18, 2024, slashing half a percentage point off benchmark rates—from 5.25% to 5.5% down to 4.75% to 5% This rate cut is the Fed’s first since 2020, but it won’t be the last. On average, members of the Fed’s rate-setting committee […]