Las Vegas is joining the ranks of several California cities, with unaffordable housing prices, according to the Urban Land Institute Home Attainability Index.
Housing
Redfin historical data shows that investors purchases peaked in the second quarter of 2022 and a UNLV study from last year estimates they could own at least 15 percent of the valley’s entire residential housing stock.
Las Vegas Realtors statistics which pull from the Multiple Listings Service show the median price of a single-family home in Southern Nevada is now near half a million dollars.
The Las Vegas City Council on Wednesday approved $1 million toward a 50-unit affordable housing complex planned near East Tropicana Avenue and Boulder Highway.
A National Association of Realtors settlement that came into effect in August has not had the intended effect on the industry as commissions refuse to drop.
Redfin reports the valley had the biggest increase for the third quarter of this year as corporate America continues to buy up the region.
Multiple members of the Las Vegas Realtors have filed formal complaints against the trade association with the Nevada Attorney General’s Office.
Rental rates have skyrocketed in Las Vegas since the start of the pandemic.
Just above the average price for a home in the valley, here’s what $500,000 will buy across the region.
Experts are anticipating a financing boom this year and next year much like what happened in 2019 when interest rates started to drop before the pandemic.
The project in east Las Vegas is slated to be the largest affordable housing project in the history of Nevada.
The legal system is weighted toward landlords, which means renters should know their rights before they sign on the dotted line.
The top listings in the Valley this month range from ultra-modern to European. They all boast amazing views.
A new Construction Coverage report says Las Vegas residents in this age group have one of the lowest homeownership rates in the country.
The Las Vegas Planning Commission approved plans for two parcels of land in the Summerlin master-planned community.