America’s casino capital “used to be an affordable alternative to California,” but rising prices and a hot market have made it “less attractive” for new buyers, report says.
Housing
Boxing promoter and former boxing champion Oscar De La Hoya, known as The Golden Boy, has paid $14.6 million in cash for a home under construction in the luxury Henderson hillside community of MacDonald Highlands.
Spanning more than half the size of Summerlin, a sprawling ranch property in Northern Nevada has hit the market for $100 million.
Las Vegas rental rates are climbing faster than the national average, and Nevada faces a steep shortage of affordable units.
Blue Heron held a ceremonial groundbreaking for Shoreline, an 83-lot housing tract at Lake Las Vegas in Henderson.
Southern Nevada’s market overall “may be starting to calm down a bit.”
The buyer, British businessman Simon Dolan, made headlines for challenging the U.K. government in court over the country’s pandemic lockdowns.
Despite Las Vegas’ rapid price gains, several other cities logged even higher growth.
Housing markets are prone to ups, downs and other shifts, especially in Las Vegas, and there’s no telling how long the current trends will last.
A judge ordered the complex, which is operating without a business license, can no longer accept new leases and a contractor must inspect the apartments.
Shaquille O’Neal is looking to cash in on his luxury Las Vegas home. The 7-foot-1-inch basketball Hall of Famer put his 4,824-square-foot house near Sunset Park on the market this month.
Home sales have tumbled lately as the cost to buy a place grows.
A recent study found that residents in the Las Vegas metro area are experiencing one of the highest percentage rent increases from pre-pandemic 2019 to 2022.
The Culinary Union Local 226 must gather about 475 signatures to put a rent control ordinance on the ballot in North Las Vegas.
A two-story apartment complex on East Sahara Avenue sold to an undisclosed buyer earlier this month.