The Las Vegas Valley existing home market continues to be unflinchingly in seller’s territory. Aldo Martinez, president of the Las Vegas Realtors trade group, said there was less than a one-month supply of preowned homes on the market at the end of February. A six-month supply is … Source: Real […]
The homeownership rate for Blacks was just 44%, a little more than 30 percentage points lower than the rate for white Americans. Source: Real Estate Las Vegas
A well-funded real estate firm has announced a deal to acquire a stalled casino-resort development on the north end of the Strip. Koch Real Estate Investments, an arm of Koch Industries, said it is teaming with Fontainebleau Development to complete the Drew Las Vegas, a long-planned … Source: Real Estate […]
The list of potential suitors that may be interested in buying the Venetian, Palazzo and Sands Expo and Convention Center is filled with big industry players, according to one analyst. Chad Beynon, gaming and lodging analyst with Macquarie Group Limited, said … Source: Real Estate Las Vegas
The median sale price of existing homes in the Las Vegas area grew to record high $337,250 in September, an increase of 9% from September of last year … Source: Real Estate Las Vegas
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
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
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
“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 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
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
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
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
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
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
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 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
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
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
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