Home prices are still logging huge year-over-year gains, making it all the more expensive to buy a place as people also face higher costs for gas and other daily goods.
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The luxury house in The Summit Club, a wealthy enclave in Summerlin, features a “secluded private apartment.”
Southern Nevada’s housing market is no stranger to volatility — and lately, it seems the industry is on anything but even ground.
Locally and nationally, the number of price cuts rose for the third consecutive month in May.
“We could be facing years, not months, of fewer home sales,” the CEO of Redfin said.
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.
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.”