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April house sales fall 31% in Las Vegas amid pandemic

The king of Las VegasMay 6, 2020

Sales of existing houses in the Las Vegas area fell more than 30% in April compared to the same month last year, while prices dipped … Source: Real Estate Las Vegas

Q+A: Apartment industry lobbyist talks about coronavirus challenges

The king of Las VegasApril 6, 2020

Susy Vasquez, executive director of the Nevada State Apartment Association, recently talked to Vegas Inc about what the order means for landlords and tenants. The association represents 667 communities with about 142,000 housing units. Source: Real Estate Las Vegas

Housing Rights Coalition calls for stop to evictions in Nevada during pandemic

The king of Las VegasMarch 17, 2020

A coalition of advocacy organizations is calling on local and state officials to halt evictions during the coronavirus pandemic to protect the health and safety of all Nevadans and ease financial stress during … Source: Real Estate Las Vegas

Realtors group president expects a strong 2020 for Las Vegas market

The king of Las VegasFebruary 7, 2020

“I think it’s a good bet that this will be the year we finally break the record for our median home price,” GLVAR President Tom Blanchard said. Source: Real Estate Las Vegas

Airbnb stays up 19% last year in Clark County

The king of Las VegasJanuary 28, 2020

Airbnb stays in Clark County increased by 19% last year compared to 2018, even though residential short-term rentals are illegal in much of the valley. Guest arrivals in Clark County totaled … Source: Real Estate Las Vegas

Las Vegas housing market expected to remain sound, stable

The king of Las VegasJanuary 7, 2020

The Las Vegas housing market continues to ride a wave of stability as the median price for an existing single-family home in Southern Nevada last month was just … Source: Real Estate Las Vegas

New report predicts strong Las Vegas housing market

The king of Las VegasDecember 12, 2019

The National Association of Realtors on Wednesday predicted the Las Vegas housing market would likely overperform over the next several years, contradicting a recent report from a national real estate listing website. Las Vegas was listed as one of 10 U.S. markets expected to … Source: Real Estate Las Vegas

Buyer to rent out Palms Place penthouse, install helicopter pad

The king of Las VegasNovember 20, 2019

A glitzy Las Vegas penthouse at Palms Place recently sold for $12.5 million and will soon be available for rent. Las Vegas businessman Bryan Ercolano purchased the condo and plans to rent it out for … Source: Real Estate Las Vegas

October numbers show little change in Las Vegas housing market

The king of Las VegasNovember 6, 2019

The report showed that the price for an existing home in the Las Vegas area was $307,000 last month, down just slightly from September but up more than 4% from … Source: Real Estate Las Vegas

Home prices approach all-time highs for Southern Nevada

The king of Las VegasOctober 8, 2019

Inching closer to the region’s all-time high of $315,000, the median price for a home in Southern Nevada crept higher in September … Source: Real Estate Las Vegas

Housing woes push into 2020 debate from Nevada and beyond

The king of Las VegasSeptember 30, 2019

Las Vegas, once known as a place where people priced out of the American dream elsewhere could afford a house, is seeing a spike in real estate prices … Source: Real Estate Las Vegas

Caesars announces sale of Rio for $516 million

The king of Las VegasSeptember 23, 2019

Caesars Entertainment announced today it has completed a deal to sell the Rio and continue to operate the Las Vegas property for at least two years. In a … Source: Real Estate Las Vegas

Mayor defends Reno's effort to combat housing crisis

The king of Las VegasSeptember 15, 2019

Reno Mayor Hillary Schieve said criticism surrounding fast-rising eviction rates and a spiraling affordability crisis in the city has overshadowed many of its wins on the housing front … Source: Real Estate Las Vegas

Southern Nevada home prices 'coasting along right now'

The king of Las VegasSeptember 6, 2019

The median price of an existing single-family house in Southern Nevada, according to figures from the association’s Multiple Listing Service, was $305,000 … Source: Real Estate Las Vegas

US new home sales slid 12.8% in July

The king of Las VegasAugust 23, 2019

Sales of new U.S. homes fell a steep 12.8% in July, but the drop came after revisions to June sales showed the sales highest growth in 12 years … Source: Real Estate Las Vegas

Housing prices steady as Realtors group touts market stability

The king of Las VegasAugust 7, 2019

Las Vegas-area home prices continue to hover around a familiar price point. July numbers showed the the median price for an existing single-family house at $303,000, a slight dip from … Source: Real Estate Las Vegas

Despite largest rent increase in country, Las Vegas market still seen as affordable

The king of Las VegasJuly 23, 2019

“While the residential market may be seeing a slight slowdown, there should be no cause for concern. Clark County is short on supply. If you want rents and home prices to normalize, allow us to build more.” Source: Real Estate Las Vegas

Las Vegas home resale prices stagnant; rental rates up

The king of Las VegasJuly 4, 2019

Las Vegas home values aren’t appreciating like they have been in recent years, and a reversal doesn’t seem to be on the horizon. Southern Nevada ranks … Source: Real Estate Las Vegas

Why North Las Vegas is so excited about new master-planned community

The king of Las VegasJune 18, 2019

Valley Vista, a new master-planned community in North Las Vegas, will include an elementary school and commercial plots across 600 acres of planned development … Source: Real Estate Las Vegas

Las Vegas luxury homebuilder undeterred by horrific wreck

The king of Las VegasJune 17, 2019

While walking through perhaps his most-exquisite masterpiece, homebuilder Ranny McKee couldn’t help but take a moment to admire his work. “Even for the homes I build, this one was over the top,” McKee said of the house he built in Seven Hills for Las Vegas businessman Mark Lindsey. A stunner […]

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