Southern Nevada’s booming housing market has a new rising star in North Las Vegas, a city where home sales in past years often trailed behind other parts of the Las Vegas Valley. Real estate agents say the competition for homes in North Las Vegas has become fierce even though in previous years it’s often drawn […]
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New Home Sales Continues Its Stride in April, Zonda Reports
Today, the experts at Zonda, the housing industry’s foremost advisors, released the New Home Pending Sales Index (PSI) for April 2021. The New Home PSI shows pending sales flattened month-over-month but increased year-over-year across the United States. The index is a leading residential real estate indicator based on the number of new home sales contracts signed across the […]
Redfin Report Shows Institutional Buyers Flood Housing Market
Investor According to Business Insider, it has set a $ 77 billion record for homes in the last six months. Redfin report. Compared to the $ 55 billion spent on housing in the second and third quarters of 2020, Covid’s cases surged and purchases fell due to city restrictions. Overall, the number of homes acquired by investors increased […]
Clark County Wants Proposals to Build Affordable Housing Near Cactus and Buffalo
As more people move to Las Vegas and the home prices surge, it’s making it even more challenging to purchase a home. “There are not enough houses for people,” said Brodie Bender, a resident in the Mountains Edge community. So, Clark County is asking for proposals to build an affordable housing development near Cactus and […]
Will the Housing Market Maintain Its Momentum?
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple explanation as to why […]
Is Southern Nevada’s Booming Housing Market a Bubble?
About 15 years ago, Las Vegas’ housing market was going nuts. Builders blanketed the valley with subdivisions, buyers flipped houses with ease, property values soared, and developers wanted to plant a forest of a high-rises. There was talk the market was in a bubble, but not everyone bought it. “Frankly, the vaunted housing bubble is […]
4 Tips to Maximize the Sale of Your House
Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to the National Association […]
Upscale Apartment Complexes Opening in Downtown Las Vegas
Two upscale apartment complexes are opening across from each other in Symphony Park, bringing a wave of new units to downtown Las Vegas. Texas developer Aspen Heights Partners held a ribbon-cutting last week for Parc Haven, a 290-unit complex that boasts a resort-style pool terrace, a “serenity” studio with massage tables, a dog spa, and […]
North Las Vegas Company Creating Affordable Housing in a Box
A state-of-the-art new way of building affordable housing is in the works. It’s a concept that could go global, and it’s all starting right in North Las Vegas. 13 Action News Anchor Todd Quinones had a chance to see the future site for Boxabl, a Nevada Built company breaking new ground. HOME IN A BOX Take […]
Vegas Luxury Homebuyers Desire Turnkey Solutions
The housing market in Las Vegas is hotter than it has been in years, and this, of course, extends to Southern Nevada’s fine array of luxury homes. From MacDonald Highlands to Red Rock Country Club, Las Vegas has some of the most high-end communities available in this region for those with the pocketbook to match. Though as […]
