Builders face a shortage of a variety of materials needed to build homes, such as wood panels, ceiling joists, and pipes. They are looking for substitutes to meet building schedules, but the process is also increasing their costs. Supply shortages have become a common story in the homebuilding industry over the past year. More than […]
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Dream hotel-casino landing next to Las Vegas airport
After worrying about possible illegal drone flights, laser lights, gunfire, and even bombs hidden in garbage trucks, the developers broke a major hurdle this week in their quest to build a resort next to the Las Vegas airport. The Clark County Commission voted 6-1 to approve plans Wednesday for Dream Las Vegas, a 20-story hotel-casino […]
What Do Supply and Demand Tell Us About Today`s Housing Market?
There is a well-known economic theory – the law of supply and demand – that explains what is happening to prices in the current real estate market. Simply put, when the demand for an item is high, prices go up. When the supply of the item increases, the prices fall. Of course, when demand is […]
Why this fall is a great opportunity for buyers
The housing market has been fiercely competitive in recent months, but hopeful buyers who are still locked out may soon have better luck. According to housing analysts, several signals in the housing market point to a possible purchase opening this autumn. For one, competition is reportedly cooling and listings are receiving fewer offers. In September, […]
Las Vegas house prices set new record, market begins to “stabilize”
House prices in southern Nevada soared to an all-time high last month after an industry group said the market “started to stabilize” after a prolonged acceleration. The median sales price of previously owned single-family homes — the bulk of the market — was a record $406,500 in September, up 0.4 percent from August and 20.5 […]
What’s Your Home Worth in Las Vegas, NV?
FREE Quick Online Home Evaluation If you are selling your home, you’re probably curious about home worth in Las Vegas. After all, knowing what your home is worth is an essential part of selling it. Every home seller certainly wants to sell their home fast and for top dollar. And having a competitive listing price […]
4 Tips To Prep for Your Home Sale This Fall
Even in today’s coveted market where real estate sells so quickly, it’s important to make a good first impression on potential buyers. By taking the time beforehand to properly prepare your home, you can get the best return on your investment. 1. Price It Right One of the first things buyers will notice is the […]
Home builders hit record prices in Las Vegas
Homebuilders in Southern Nevada saw a decline in sales activity in August, but prices hit new highs and the market overall remained well above last year’s levels, according to a new report. Buyer traffic for new Las Vegas-area housing tracts — 16,520 — was the lowest of the year in August, and builders reported the […]
The apartments are back! These are the cities where they became the hottest thing in real estate
It seems almost everyone these days is trying to get a bigger house, a first home, a vacation home or maybe just a new place in a cheaper part of the country. At least they dream of these things. But with so many determined buyers and not enough homes for everyone, many people face difficult […]
Las Vegas home prices rise 22.4 percent year over year in July
Home prices soared across the country in July, but Las Vegas prices rose even faster than the record national average, a new report shows. Las Vegas-area house prices were up 22.4 percent year over year in July, compared with a 19.7 percent jump nationwide, according to the S&P CoreLogic Case-Shiller housing index released Tuesday by […]
