Mortgage payments would soar to an estimated Â£1,400, almost double what the average homebuyer claims they can afford, should variable rates rise from 4 per cent to six per cent at the end of a typical two-year fixed deal.
Note that zip codes are a crude measure. The highest crime area in town 89109 actually has two completely different mechanisms...the huge number of tourist on the strip is one part and a very nasty area to the northern end the other.
Zip codes 89123, 89011, 89012, 89014, 89015, 89044, 89052, and 89074 are all located on the southeast side of the Las Vegas Valley and include the city of Henderson. Many of the most popular neighborhoods are sprawled across the McCullough mountain range, offering spectacular views of the valley floor below.