David Lereah, NAR's chief economist, said a continued decline in mortgage interest rates is creating favorable market conditions at a time when household formation is rising. Though NAR projects the 30-year fixed- rate mortgage to slowly rise to 6.0 percent in the fourth quarter, the average rate for the entire year should be 5.9 percent, the second-lowest annual average since the mid 1960s. The lowest rate in recent years was 5.8 percent in 2003.

"Price appreciation is projected to be only slightly higher than historic norms next year, as supply levels come closer to market demand. Although we expect the number of home buyers to continue to exceed the number of sellers, the situation should improve in 2005," Lereah said.

The national median existing-home price for all of 2004 is expected to rise 7.5 percent to $182,700. At the same time, the median new-home price will grow by 8.9 percent to $212,300. "Home prices will continue to rise above historic norms as long as we have tight inventories of homes available for sale," Lereah said.

He expects the U.S. gross domestic product to grow 4.5 percent this year, while the Consumer Price Index should rise by 2.7 percent. The unemployment rate is projected to drop to 5.2 percent in the fourth quarter.

Washington -- For anybody who tracks home appreciation rates, the latest federal numbers are both stunning and sobering:

-- The average home in the United States gained in market value by 9.4 percent from mid-2003 to mid- 2004. That average increase is more than three times the rate of inflation for goods and services in the economy overall during the same period, as measured by the Consumer Price Index.

-- Average gains in a record 74 metropolitan housing markets were in double digits for those 12 months. Ten markets saw price gains over 20 percent, topped by Las Vegas, where the average increase was like a casino jackpot -- 25 percent.

-- No metropolitan housing market experienced net losses in average home values last year, and only two states, Texas and Utah, saw their average housing appreciation rate drop below the 3.03 percent rise in the Consumer Price Index.

Sept. 14, 2004 - NEW YORK (Reuters) - The U.S. Federal Reserve is likely next week to raise its target federal funds rate to 1.75 percent from 1.5 percent, nearing the end of the first stage of what appears to be a two-stage plan to return rates to "normal" levels, the Wall Street Journal said on Tuesday.

The article by Fed-watcher Greg Ip contained no direct attribution to Fed officials. But Ip has made enough correct calls on central bank policy to make financial markets highly sensitive to his reports.

The Fed is expected to announce any decision on rates next Tuesday at 2:15 p.m. EDT.

The newspaper said the first phase of Fed tightening will cause the funds rate, charged on overnight loans between banks, to rise to 2 percent between next week and the Fed's December meeting. It had stood through June at a 46-year low of 1 percent.

Sum merlin Mortgage Las Vegas Mortgage Network of Lenders

Break through the barriers head on with the Las Vegas mortgage company that offers a wide variety of new products designed to accommodate a full range of credit scores and documentation levels. Incredible rates and terms for you! Ultimate lending scenario! Discover non- conforming, conforming, government options and secret private cash.

1. Landlord reveals secrets to real estate profits
2. Home buyer's faith in real estate agent proves costly
3. Should I use well- known brokerage to sell home?
4. Partition lawsuit divides real estate, family
5. Homeowner's insurance decoded
6. What kind of home marketing should sellers expect?
7. Change coming for overnight interest rates
8. 10 key questions to ask real estate agents
9. Searching for solid home- project supports
10. Adding boyfriend's name to mortgage may be unwise

1. You need to Close your Transactions on Time and Often
2. You need constant communication with your lender, being able to speak to a live person getting the updates in real time.
3. You want to work with an experienced yet flexible company who will adapt to your clients unique requirements.
4. You expect that a full service Lender has the ability to handle a wide range of loan programs, appraisals, Title, Escrow, Documentation and Transaction coordination.
5. You are looking for experts to work in partnership with you, to supplement your skills and abilities, and to extend the amount of discretionary time you have available. You understand, that time is your inventory.
6. You recognize that a Mortgage Team that Leverages both technology and human interaction will be the most effective in meeting your needs.

You expect results

The best web templates providers online who offer high quality web Templates HTML web templates for both novice and experienced users. Build your own website with a professional web template.

The Clark County Assessor's Office makes every effort to produce and publish the most current and accurate information possible. No warranties, expressed or implied, are provided for the data herein, its use, or its interpretation. The assessed values are subject to change before being finalized for ad valorem tax purposes. The Assessor parcel maps are for assessment use only and do NOT represent a survey. The Assessor parcel maps are compiled from official records, including surveys and deeds, but only contain the information required for assessment. See the recorded documents for more detailed legal information.

email:

phone: 702-655-4859 or Toll Free at 888-848-1435

web: http://www.ultimateonlinemortgage.com