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.