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.
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The 8,684-square-foot house and nearly 1-acre lot next door were listed Feb. 9 for $7.5 million and apparently went under contract with a buyer on Feb. 18.
The rock star’s 11,000-square-foot house is priced at $13.5 million and features a courtyard entrance, floor-to-ceiling windows, a commercial elevator and direct views of the Strip.
The Las Vegas housing market has become fiercely competitive in recent months, and the pressure to find a home is even more challenging for first-time buyers.