A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment than stocks? In a post […]
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Resorts World Las Vegas Announces Opening Date
The $4.3 billion, 3,500-room integrated resort — the first Strip property to open in more than a decade — began taking reservations Monday morning through its call center and its affiliations with three premium Hilton Hotels brands. “We always said we’re going to open this summer and on budget and I’m happy to say that will happen,” […]
Here’s What $363K Might Get You in Las Vegas Home-Buying Market
It’s a nice chunk of change, as well as, Las Vegas Realtors reported, the median sales price of previously owned single-family homes here last month. We took that $363,000 nest egg for a spin around the valley to see what it might buy, and we found intriguing diversity. For starters, we discovered that $359,000 — […]
Some Buyers Prefer Smaller Homes
Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature of the pandemic, through the health implications, social distancing, and need to isolate, has really […]
Las Vegas to Host 2021 CONCACAF Gold Cup Final
Las Vegas’s Allegiant Stadium has been selected to host the Final of the 2021 Concacaf Gold Cup, on Sunday, August 1. This venue, which is home to the NFL’s Las Vegas Raiders, will crown the best men’s national team in the Concacaf region, making history, since this will be the first time a Gold Cup […]
Auric Symphony Park to Open in Downtown Las Vegas
Southern Land Co., a national real estate developer of award-winning mixed-use developments and master-planned communities, has announced it is pre-leasing Auric Symphony Park, its new luxury midrise apartment community at Symphony Park in the heart of downtown Las Vegas. Hard hat tours for prospective residents are being scheduled and will start later this month. Move-ins […]
Home for Sale Offers Peek into One of Las Vegas’ Exclusive Neighborhoods
This home in Las Vegas’ historic Rancho Circle neighborhood has something that few homes of any price in Southern Nevada have: a basement. But there also are plenty of other amenities and features to see at the $2.95 million offering at 950 Rancho Circle, including a peek into a neighborhood most never get to see. […]
Low Cost of Living in Las Vegas Attracts Remote Workers from Other States
Call it a “Zoom Town.” Working from home is bringing some big benefits to Las Vegas. As companies stay remote, our valley is making the top of the moving list. More than 20,000 people have moved to the Las Vegas valley since January. People from places like New York, San Francisco and Los Angeles can […]
Nevada Home Prices Rising 5 Times Faster Than Gains in Income Levels
Nevada home prices are rising five times faster than people’s paychecks, according to a recent analysis. Since 2012, median income has increased 31.6% in Nevada, but the median home price has gone up 150.4%, according to QuoteWizard.com. That puts Nevada at the very top of the list for the disparity between income growth and housing […]
4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost 50% Leave Forbearance […]
