New Loan Limits for 2026
Conventional: $832,750- Max sales price with 5% down $876,578
FHA: $541,287- Max sales price with 3.5% down $560,919
Financial Markets- Bonds (Mortgage Rates)
The S&P flat lined for the past month, meaning very little change, as I write this it sits at 6,837. Stocks took a bit of a beating Monday, February 23rd, primarily because of the Supreme Court vote on tariffs and subsequent new tariff implementations. However, more importantly for real estate is how well the bond market has improved over the past month.
The 10-Year US Treasury once again knocks on the door of 4%, currently sitting at 4.03, down from roughly 4.3% less than a month ago, and has translated into the average 30 year fixed rate dropping from around 6.375% to just under 6%.
Psychologically, rates starting with a “5” tend to motivate buyers, and that shift alone could increase homebuying activity. This improvement is largely driven by a softening labor market. Job growth has slowed across multiple sectors, in part because companies are using AI to increase efficiency and avoid backfilling positions. At the same time, recent inflation reports have come in relatively mild, suggesting inflation remains under control—even with tariffs in play. Overall, this is positive news for real estate and should support increased home sales in the months ahead!
Southern Nevada Real Estate
January 2026 marks the start of a new race, and Clark County home sales for January must not have heard the gun go off because sales were slow off the blocks.
January Home Sales
- Total: 2,046
- Condos: 255
- Townhomes: 234
- Single Family Residences: 1,557
- Inventory = 8,498…when divided by resale SFR sales we come up with 5.5 months supply of homes)
- Median Priced Home $470,000
2025 January total home sales: 2,343
2024 January total home sales: 2,357
2023 January total home sales: 2,014
Help appears to be on the way in the form of lower rates and negligible price growth. The combination makes owning a home the most affordable in years.
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List Reports brief description video:
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