A new report shows investor homes sales in Las Vegas have dropped even more dramatically than the national average.
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With mortgage rates at their highest level since mid-March, new-home builders in Las Vegas are employing a long-used tactic to help keep sales flowing.
Twenty-seven waterfront homes will be showcased Saturday as part of a larger 83 single-family development on Lake Las Vegas.
The complex in downtown Las Vegas is the first high-rise apartment development in Southern Nevada in more than a decade.
The three-bedroom, two-story loft-style property features the work of local graffiti artists throughout its 3,381 square feet.
Available rental inventory should increase in the next year. There are at least 26 multi-family developments in progress.
A luxury home developer is opening the doors of a new community near Green Valley, hoping to entice fans of modern-style homes with bigger lots and access to the Strip.
The Four Seasons says it will build two high-rise residential towers at the MacDonald Highlands enclave.
The median sales price for previously owned single-family homes in Southern Nevada rose 1.2 percent to $430,000 in April.