The company that operates the Tropicana hotel-casino is working on two other big projects and waiting for a Major League Baseball relocation vote.
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Despite media accounts that development has slowed and concerns about neighborhood light pollution, developers of Las Vegas’ twin Sphere venue appears to be on target.
Fueled by cheap money, Las Vegas is in a prolonged homebuying boom.
Resale totals have fallen the past two months, and available inventory has climbed for three straight months as house prices keep setting all-time highs.
Breaking the old record more than 13 years after it was set is more symbolic than anything: It underscores just how high the market had soared, how badly it crashed, and how long the road to recovery has been.