Welcome to the new real estate market. Homes for sale are down, dramatically causing prices to rise.
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In a recent study, one issue was clearly at the top of Las Vegas residents’ priority list, beating out access to education, fixing aging infrastructure and increased resources for small businesses.
Four young Las Vegas realtors talked about where their generation will take the real estate industry as it faces an uncertain future.
A law firm and luxury real estate firm are the newest tenants of a Downtown Summerlin office building developed by Howard Hughes Holdings.
The list includes some very famous names, and the Summit Club dominates the top five.
Las Vegas is one of only three metros that has seen a rise in pending home sales year over year, according to new data from Redfin.
Las Vegas Realtors are concerned about Wall Street hedge funds and investors buying homes en masse.
New homes are currently being sold in 15 neighborhoods in the popular community located on the western edge of the Las Vegas Valley.
Merri Perry, who grew up in Queens, N.Y., is the newly named president-elect of the Las Vegas Realtors.
A development in Henderson near Lake Las Vegas turned to the popular game Pokemon Go for its street names.
Some signs of an uptick follow a year in which homebuyers, locally and nationally, pulled back amid a sharp rise in mortgage rates.
The southwest Las Vegas Valley home, which used to belong to the Mötley Crüe lead singer, is available for $2.7 million.
“As long as mortgage rates and prices remain high, buyers will be looking for a relief valve,” an analyst said.
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.
Buyers paid a median price of $444,677 for newly built homes in Southern Nevada in November, up 11.5 percent from a year earlier.