The housing shortage has created a crisis for Las Vegas Valley renters, and many worry about lease renewal terms and the shock of rent increases. The Southern Nevada Legal Aid Center explains that Nevada law limits options for tenants. “We see rents rising across the valley. Unfortunately, there is little that a tenant can do […]
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Rent is skyrocketing in Las Vegas. Here’s what you can do
The housing shortage has created a crisis for renters throughout the Las Vegas Valley, and many are concerned about the terms of lease renewals and the impact of rent increases. The Legal Aid Center of Southern Nevada explains that Nevada law limits options for tenants. “We are seeing rents increase all across the valley. Unfortunately, […]
This 3,000-room Las Vegas hotel sold for $5.65 billion
The owner of Cosmopolitan of Las Vegas, the New York private equity firm Blackstone, is selling the 3,000-room hotel on the Las Vegas Strip in a $ 5.65 billion deal in partnership with casino giant MGM Resorts International that plans to operate the property. The new owners – the Cherng Family Trust, headed by Panda […]
If You’re a Buyer, Is Offering Asking Price Enough?
In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the buyer and seller typically negotiate […]
Luxury homebuilder unveils new mountainside project in Henderson
After introducing Vu, Vu Estates, and Vu Pointe, luxury home builder J. Christopher Stuhmer has unveiled another project that, as the name suggests, offers stunning views of the Las Vegas Valley. His firm, Christopher Homes, announced plans this month for SkyVu, a 102-lot mountainside housing tract in MacDonald Highlands. Homes will span from 2,700 to […]
Homes With More Daylight May Improve Moods
Let more light into your home and you can lower your anxiety and stress levels and even improve your sleep. Increasing daylight in a home can affect a person’s circadian rhythm, sleep, vitality, and mental health, according to a newly published, peer-reviewed paper in the International Journal of Environmental Research and Public Health. “The study […]
Two reasons why waiting a year to buy can cost you dearly
If you are a tenant looking to own a home, or a landlord has decided that your current home no longer meets your needs, you can expect that waiting a year could mean Better market conditions to buy a home. To determine whether you should buy now or wait, you need to ask yourself two […]
Clark County OKs housing project has divided rural communities
The Clark County Commission unanimously approved a housing project Wednesday that had been fiercely opposed by a contingent of neighbors who viewed it as a threat to their rural lifestyle in the far southern Las Vegas Valley. By 6-0 vote, with Commissioner Justin Jones absent, lawmakers provided the green light for a 22-home project on […]
Don’t skip the inspection when buying a home
In a booming real estate market, everyone is looking for an edge to buy their dream home. But beware of buyers. We spoke to local experts about an important step that some may consider skipping could be a costly and even dangerous decision. KICK THE TIRES “One of the great things about being able to […]
Multifamily Construction Booms, Single-Family Starts Slow
Multifamily units are driving the gains in overall housing starts last month as more apartment projects were initiated. But single-family housing starts fell 2.8% in August to a seasonally adjusted annual rate of 1.076 million units, their second consecutive month of decline, the Commerce Department reported Tuesday. While single-family starts dropped in the West and […]
