The Clark County Commission voted 7-0 to deny a 575-home subdivision map in Coyote Springs, blocking a step in the development process that’s needed to enable home construction.
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The typical rent in the Las Vegas-area last month was just over $1,890, up 8 percent from a year earlier, compared with a 25 percent year-over-year rent hike in August of 2021.
Builders logged 434 net sales in July, the fourth consecutive monthly drop and the lowest since the onset of the pandemic.
Nevada HAND receives 2,000 calls a day from people seeking affordable housing and only has a “handful” of vacancies in its 4,700-unit portfolio, the president and CEO said.
The garden-style complex will feature a 3,000-square-foot clubhouse, a fitness center, a dog park, a playground and a pool area with cabanas.
With land prices accelerating in Las Vegas, homebuilders are increasingly eyeing rural communities sprinkled around Southern Nevada for potential new projects.
Scott Gragson’s 10,621-square-foot home is listed for rent at a price that amounts to buying a luxury car every four weeks.
Southern Nevada home prices jumped 19.8 percent year-over-year in June, outpacing the national rate of 18.6 percent, according to a new report.
Housing markets are always prone to ups and downs, especially in Las Vegas, and no boom lasts forever.
As it has become increasingly difficult to purchase a home in the Las Vegas area, industry sources say more buyers than usual in America’s casino capital are turning to Pahrump.