Some house hunters have decided to put their search on hold—at least for now. The pandemic and the competitive, intimidating market are the leading reasons, according to a survey of 850 consumers from iBuying giant Opendoor. Nearly four in 10 Americans who are looking to purchase a home in the next year say they’ve halted […]
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5 Tips for making your best offer
In today’s seller’s market, it is important to stand out as a buyer. Due to the low supply of houses for sale and strong buyer demand, multi-quotation schemes and bidding wars are the norm. When you buy this fall, you will want all the benefits, especially once you have found the home of your dreams. […]
Housing non-profit donors build and sell houses to fund projects
A Southern Nevada housing nonprofit took a unique approach to fundraise — it had donors build and sell a house. Proceeds of the sale of a recently completed home at Ridgeview in northwest Las Vegas’ Skye Canyon master-planned community, completed by Woodside Homes and its contractors, will help HomeAid Southern Nevada fund in-kind community projects […]
Soaring Rents Make It a Very Good Time to Own an Apartment Building
Despite a yearlong national eviction ban and continuing pandemic, it has rarely been a better time to be a big apartment-building landlord. National asking rents rose 10.3% in August, measured on an annual basis, according to Real Page, a rental-management software company, which analyzed more than 13 million professionally managed apartments. That marked the first […]
Scott Gragson’s Summerlin mansion up for rent at $50K a month
After he was sent to prison for a fatal drunk-driving crash, Las Vegas real estate broker Scott Gragson’s mansion is now listed for rent. The price: $50,000 per month. As seen on listing sites, the 10,621-square-foot home at 5 Promontory Ridge Drive in The Ridges, a wealthy enclave in Las Vegas’ Summerlin community, is up […]
Why It’s Still Safe To Sell Your Home
If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say […]
Unlikely developer building $500M mixed-use project in Las Vegas
As innumerable other projects in southern Nevada, Miguduse’s developments were found with great problems after the economy crashed a decade ago. The Plaza de la Ciudad Las Vegas and the District in Green Valley Ranch participated in foreclosure. What has now left the center of Summerlin as a partly project built on the side of […]
Building Material Costs Continue to Surge
A recent decline in lumber prices is helping to mitigate building costs, but that effect is being offset by numerous increases in other building materials that are surpassing records. Home building materials have climbed by up to 19% over the past year, according to the Bureau of Labor Statistics Producer Price Index. The building materials […]
The Las Vegas housing market has slowed down, then accelerated last year
The Las Vegas real estate market was on a hot streak for more than a year, as homes haste buyers, prices continue to reach high time, and sellers have a burst of offers. Well, an almost uninterrupted hot vein that is, as a report showed this week. The price of the average sales of pre-owned […]
Vegas home prices leveling. Is now the time to buy?
After months of soaring, Las Vegas lenders stated that local real estate prices are beginning to stabilize and it may be time for new buyers to enter the market. Southern Nevada has seen record median home values ??each month that can be traced back to before the pandemic. Inventory shortages, lack of floating population, and […]
