Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to the recent Luxury Market Report from Luxury Home Marketing: “As trends such as remote working and flexi-hours took hold in 2021, so too did the […]
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Closed Southern Nevada hotel targeted for industrial park
A gated hotel casino south of Las Vegas is about to be demolished to give way to a large industrial area. The company, named after ParTolle, the developer of Reno, has planned a 1.9 million square foot warehouse and distribution facility along Jean’s Interstate 15 about 25 miles south of the Strip. On Wednesday, 4,444 Clark […]
More People Are Planning To Buy a Home Soon
While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving their plans up so they can make their […]
Want Top Dollar for Your House? Now’s the Time To List It.
When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s […]
Las Vegas housing market kicks off 2022 with new price record
Southern Nevada’s fast-rising house prices set another all-time high in January, as last year’s hot streak carried over to the new year. The median sales price of previously owned single-family homes — the bulk of the market — was $435,000 last month, up 2.4 percent from the previous record, set in December, and 26.1 percent […]
5 homes that could be the most expensive ever sold in Las Vegas
This year kicked off with some high-priced and high-profile luxury homes listed on the Las Vegas Realtor’s Multiple Listing Service. The mansions ranged in price from $32.5 million to $16 million. The list is led by a $32.5 million home Carina Way in Seven Hills in Henderson that overlooks the Rio Secco golf course. If […]
The local housing market kicks off the year with record house prices
A report released Tuesday by Las Vegas REALTORS® (LVR) shows the new year did little to change the trajectory of the local housing market, as home prices reached another record high amid a historically tight supply. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service […]
There are few houses left to buy
There are hardly any houses left. Housing is likely to continue to get more expensive, despite the Fed’s efforts to cool the market. Overview: The supply of homes for sale has fallen to a record low in recent months – and while you may win the bidding war to buy one, mortgage costs are on […]
Single-Family Rents Post Record Growth
Property owners are charging more for their single-family rentals as demand soars. Single-family rental prices continue to rapidly increase with record growth, according to CoreLogic’s Single-Family Rent Index. In November 2021, single-family rent growth nationally rose 11.5% year-over-year. Annual rent price growth has continued to double—and even triple—in the last several months in some markets, […]
‘Starter Homes’ Remain Draw for First-Time Buyers
Even with having to pay higher home prices, most first-time homebuyers are still entering the housing market with the idea that the home they’re buying is a stepping stone into homeownership and will not be their forever home. Eighty-one percent of consumers recently surveyed believe buying a “starter home” to live in while saving for […]
