Here’s a look at the five most expensive high-rise condo sales of the year, as reported by the GLVAR. Most were in the Waldorf Astoria Las Vegas, formerly the Mandarin Oriental , and one of the buyers was Switch founder Rob Roy .
Housing
Your No. 1 source for Las Vegas housing and real estate news.
A condo east of the Las Vegas Strip is boarded up and, months after the owner died, still has furniture, clothes, oxygen tanks, a grimy stovetop and dishes in the sink. It’s also one of the cheapest homes for sale in Las Vegas
Las Vegas’ median house price dipped below $300,000 last month as sales tumbled from a year earlier and inventory soared.
It was the third consecutive month that Las Vegas topped the Case-Shiller index. Prior to leading the pack, its price growth was second-fastest behind Seattle for 10 consecutive months.
Opendoor announced Thursday that Japanese billionaire Masayoshi Son’s SoftBank Vision Fund invested $400 million in the company. It did not disclose SoftBank’s ownership stake, but Opendoor said it has obtained more than $1 billion in total equity investments and $2 billion in debt.
Related Group, is in the process of buying three project sites in the southwest Las Vegas Valley to build rental complexes.
Las Vegas homebuilders are fetching rapid sales and record prices, a new report shows, but President Donald Trump’s tariffs are inflating construction costs amid heightened affordability concerns.
Locally, rental prices for houses were up 5.7 percent in July from the same month last year, compared to 3 percent year-over-year nationally, housing tracker CoreLogic reported this week.
The apartments can be small and the rents aren’t cheap, but dozens of tenants have moved to the new Fremont9 complex downtown, a member of the development team said Tuesday.
Las Vegas was still feeling the effects of the recession when it officially ended in June 2009.
Kingman isn’t roaring with growth today, and despite Las Vegas’ fast-rising home prices, it seems unlikely that Kingman will become a commuter town anytime soon.
Zillow executives may say they’re not in the house-flipping business, but based on its first batch of deals in Las Vegas, that’s exactly what the company is doing: buying and then quickly selling homes.
Big-money investors have owned rental homes around Las Vegas for years. But despite fast-rising sales prices, they aren’t ready to cash in, thanks to people like Darrius Mathis and Kayte Fernandez.
A luxury homebuilder has picked up a large swath of Summerlin land for a new project.
To afford renting a typical one-bedroom apartment in the Las Vegas metropolitan area, a minimum wage worker without health benefits would need to clock 73 hours a week.
1
2
3
4
5
‘One of a kind’: Las Vegas comic, a headliner for 50 years, dies
World’s No. 1 restaurant for 2024 crowned in Las Vegas
Expect 100-degree heat at Trump rally in Las Vegas; caution urged
Missing 2-year-old found in Las Vegas dumpster; mom detained
2 innovative Chinese restaurants closing suddenly in west Las Vegas