For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reserve, for the average homeowner: “…a primary home accounts for 90% of the total wealth of a family […]
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Las Vegas Convention Center Expansion Nearly Done
The Las Vegas Convention Center West Hall expansion project is 96 percent complete. Chief Operating Officer Brian Yost told the Las Vegas Convention and Visitors Authority board of directors Tuesday that finishing touches are being applied to the new, $980.3 million building, including a solar-energy system. Yost said polished concrete flooring is being applied around […]
Tunnel a Step Closer to Expanding into Downtown Las Vegas
Elon Musk’s Boring tunnel is one step closer to expanding. On Tuesday, Las Vegas planning commissioners approved Musk’s request to create tunnels underneath downtown Las Vegas for the underground system. A representative from the Boring Company said it will provide an affordable, safe alternative for transportation that will help cut down traffic. The expanded route […]
New LVCVA Contract Extends NASCAR Races in Las Vegas through 2031
The Las Vegas Convention and Visitors Authority has extended a sponsorship agreement with the Las Vegas Motor Speedway designed to keep two NASCAR races a year at the track through 2031. Board members on Tuesday unanimously approved the contract that was set to expire in 2024. In 2019, the races collectively attracted an estimated 139,000 […]
Is it Safe to Sell My House Right Now?
In today’s real estate market, the buzz is all about how it’s a great time to sell your house. Buyer demand is high, and there simply aren’t enough homes available to buy to meet that growing need. This means now is the time to make a move so you can close the deal on your ideal terms. Even in today’s […]
Henderson Developers Building Business Complex
Two Henderson developers have teamed up to build a business complex in the southwest valley. American Nevada Co. and First Federal Realty DeSimone broke ground on a 50,000-square-foot office and medical project at the southeast corner of Fort Apache Road and Martin Avenue. Site work is underway on the $13 million project. The 5-acre plot […]
Las Vegas Home Prices Set Record High for 5th Straight Month
The streak goes on. Las Vegas house prices hit an all-time high for the fifth consecutive month in October, the latest sign of unexpectedly strong demand amid an otherwise badly battered economy. The median sales price of previously owned single-family homes — the bulk of the market — was $340,200 in October, up 0.9 percent […]
Rising Prices and Supply Not Meeting Demand
A report released Friday by Las Vegas REALTORS® (LVR) shows local home prices rising while the housing supply keeps shrinking, putting the local housing market in the unusual position of looking a lot like the rest of the country. LVR (formerly known as the Greater Las Vegas Association of REALTORS®) reported that the median price of […]
T-Mobile Arena and Mobilitie Take Las Vegas to the Next Level
Mobilitie, the largest privately-held wireless infrastructure firm in the nation, and venue owner/partners AEG and MGM Resorts International are bringing 5G connectivity to T-Mobile Arena in Las Vegas, home of the NHL’s Vegas Golden Knights, UFC, concerts, championship sporting events and numerous annual awards shows and special events. Through this strategic partnership, Mobilitie is deploying […]
Virgin Hyperloop Completes First Test with Actual Passengers in Las Vegas
Virgin Hyperloop gave the first ride on its test track Sunday in Las Vegas, but it will be years before the public can potentially take a high-speed ride on a hyperloop. A hyperloop is an unproven transportation system in which people travel in a vehicle in a vacuum tube at speeds as high as 600 mph. Virgin’s system includes […]
