Here’s where the Las Vegas Valley ranked among other major metros in the nation for millennial homebuyers.
Housing
Freddie Mac said the average rate on a 30-year home loan reached its highest level since 2002, which could increase costs for borrowers by hundreds of dollars a month.
Both the western and eastern portions of the city are seeing a wave of redevelopment and new projects.
A UNLV researcher said the report confirms an apparent link between Las Vegas population growth and Southern California home prices.
Experts say a record-breaking number of apartments opening across the valley will lead to rising vacancy rates and lower rental rates.
Roughly 115 people are moving to the county every day, and area officials are grappling on how the region can meet the demand for housing.
Luxury and sustainability don’t have to be opposing things, according to a Las Vegas-based architect and real estate developer.
A local realtor cited many factors for the historically low inventory, including interest rates and homeowners renting out their houses instead of selling.
A new 79-lot residential development is the latest planned addition to Summerlin, one of the top-selling communities in the nation.
Under a new agreement, Southern Nevada governments will be able to buy public federal land for as low as $100 an acre for affordable housing projects, federal officials announced Thursday.
It took 10 years and $100,000 to transform this four-bedroom home into a pirate-friendly cove.
Though thousands of new apartment units are under construction in the Las Vegas Valley, a national group says the region has a shortage of low-income rental units.
The sprawling 9,827-square-foot home in the western Las Vegas Valley features an outdoor kitchen, an elevator and two infinity pools.
While Las Vegas may lead the country in terms of a decrease in luxury home listings, area real estate agents say that’s not the complete story.
New homes are currently being sold in 15 neighborhoods in the popular community located on the western edge of the Las Vegas Valley.
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