54°F
weather icon Cloudy

Study says Nevada No. 7 for new residents

Study says Nevada No. 7 for new residents

Nevada is No. 7 among states where Americans are moving, according to the fourth annual United Van Lines migration study — between Florida and Washington, D.C. Oregon was No. 1.

According to the study — and this will be no surprise to people in Las Vegas — much of the outbound traffic is spurred by retirees hunting for warmer weather.

The Northeast and Midwest were high on the list of fleeing states, topped by New Jersey, New York, Illinois, Connecticut and Ohio.

For the infographic, go to keepingcurrentmatters.com

 

Money mag: Vegas No. 2 in rent price drop in 2016

While it seems everything cost more year after year, Money Magazine, quoting Zillow estimates, reports that only one other city nationally will see rents dropping more steeply year over year than Las Vegas.

In December 2015, the median monthly rent in Las Vegas was $1,212. The projected median rent by the end of the year is $1,191. That’s a 1.8 percent decline.

The only city expected to see a great rent cost decline is Indianapolis, projected to go from $1,181 to $1,138 — a drop of 3.6 percent.

That $22 drop in Vegas might not seem like much, but according to the article, rents are expected to rise in most metro areas. And you could be paying rents in neighboring California, which had the top three expensive cities for renters in the report. San Jose, for example, will set you back $3,699 a month (median rent).

See the full article in Money at time.com/money.

Don't miss the big stories. Like us on Facebook.
MORE STORIES
THE LATEST
Local Rebuilding Together receives state funds

Rebuilding Together Southern Nevada announced that it will receive increased state funding of $1.5 million to significantly reduce its waitlist.

REAL ESTATE BRIEFS: FEB. 17

NAIOP Southern Nevada and its Community Service Committee had a banner year in 2024, spearheading several successful initiatives that directly benefited local families, youth and people in need.

REAL ESTATE BRIEFS FEB. 1

NAIOP Southern Nevada, the leading association for commercial real estate development, has appointed its 2025 board of directors, with industry veteran Matthew Hoyt assuming the role of president

REAL ESTATE BRIEFS JAN. 25

Ariva Serviced Residences, the official luxury apartments of the Las Vegas Raiders, is growing.

The holidays could be the best time to sell a home

If you’re considering selling your home, the time to act is now. According to Coldwell Banker Premier Realty’s exclusive The Holidays Are No Holiday report, which the brokerage has been compiling annually for 25 years, there is a 25 percent greater chance of selling your home in December than any other time of the year.

REAL ESTATE BRIEFS DEC. 7

The Commercial Alliance Las Vegas (CALV) announced its newly elected officers and directors for 2025, with industry leader Jennifer Weinberg becoming president of the commercial real estate organization starting Jan. 1.

BHHS sponsors Las Vegas Great Santa Run

Packet pickups will take place from Dec. 4-6, from 12 p.m. to 6 p.m., at Berkshire Hathaway HomeServices Nevada Properties Summerlin and St. Rose office locations. The Summerlin office will add an extra dose of holiday spirit by offering complimentary hot cocoa to participants. Guests at both offices will enjoy a warm and welcoming atmosphere, complete with Christmas music and decorations as they collect their materials.

LVR presents its 2024 awards to top local Realtors

Las Vegas Realtors (LVR) presented annual awards this month to some of its leading and longtime members, with 2024 LVR President Merri Perry being honored as LVR’s Realtor of the Year.