Hey there, friends! It’s Bethany! Your Las Vegas real estate bestie who cheers just as loud as you do when you find your dream home. If you’ve been wondering whether 2025 is the year to stop renting and finally buy (or if renting is still the smarter move) you are not alone.
This is one of the most common questions I hear, and the answer isn’t always clear. The good news? I’m here to break it down for you in plain, friendly terms so you can make the choice that fits your life right now.
The Scoop on Mortgage Rates
Let’s start with the big one: mortgage rates. As of September 2025, the average 30-year fixed mortgage is sitting around 6.5%. Now, I know what you’re thinking “That’s not the dreamy 3% that we saw 2021!” True. But compared to the sky-high rates we’ve had previously, this feels like catching a breath of fresh desert air.
For anyone planning to stay where you are for the long haul, this dip makes buying a little more appealing. You get the stability of knowing your monthly payment isn’t going to jump around like rent often does. And every payment you make builds equity in your home instead of padding someone else’s pockets.
Why Buying Might Be the Right Move
Las Vegas has always been a magnet for dreamers, movers, and shakers. Lately, it’s been a hotspot for relocations too. Prices aren’t climbing as wildly as they were a couple of years ago, which means buyers now have a little more wiggle room to negotiate.
If you’re thinking of planting roots (whether it’s Henderson’s family-friendly vibes, the modern edges of Summerlin, or even the buzzing energy closer to the Strip) buying might be your winning hand. Homeownership means you can finally design your space exactly the way you want. Dreaming of a backyard pool? Go for it. Want to paint your kitchen neon pink? It’s all you. More importantly, buying is about building long-term wealth. Five years from now, your future self will thank you for stepping into ownership.
Why Renting Still Shines for Some
Now, don’t get me wrong, renting has its perks too. Renting may be cheaper month-to-month right now, especially when you factor in taxes, insurance, and those fun little maintenance surprises that homeowners have to deal with. Plus, in certain Vegas neighborhoods, renting gives you the chance to enjoy luxury amenities, like rooftop pools or fitness centers, without the jumbo mortgage payment.
Renting also makes sense if you’re still exploring or if your job keeps your future a little unpredictable. Maybe you’re not quite ready to settle into a zip code yet, or you want the freedom to pack up and go if life deals you a new hand. Renting gives you flexibility, which is priceless for some seasons of life.
What This Means for You
If you’re ready to put down roots and stay a while, buying makes so much sense in 2025. Rates aren’t perfect, but they’re better than they’ve been, and owning is still the best way to build wealth in the long run. But if you’re craving flexibility, keeping your monthly budget lighter, or just not ready to commit? Renting is not a bad thing, it’s the right choice for where you are right now. And guess what? There’s no shame in waiting until you’re ready.
At the end of the day, buying vs. renting isn’t about what’s “better” overall, it’s about what’s better for you. So let’s sit down, crunch your numbers, and talk about your goals. Because whether you’re renting or buying, I’ll be here to help you make it fun, stress-free, and totally you.
Anytime between “now” and “right now” is a good time to take action on shaping your best life, and that includes where you live. Let’s get the ball rolling on your next steps.
(702) 374-6807. Or drop me a line here.
