Home construction in rural areas outside Las Vegas is on the upswing. Developers are building and selling houses in such places as Pahrump, Indian Springs and Logandale. Many of the projects underway were started during the mid-2000s bubble and sat dormant after the economy crashed. The burst of activity comes as Las Vegas home prices rise fastest among major U.S. cities. “I think it’s a matter of addressing affordability, giving people more house for less money, and it’s really hard to do that in Vegas,” said Robb Beville, Nevada division president of Century Communities
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About 116 million people nationwide are expected to shop on Black Friday. The National Retail Federation, the nation’s largest retail trade group, is expecting holiday retail sales in November and December to increase as much as 4.8 percent over 2017 for a total of $720.89 billion. That excludes automobiles, gasoline and restaurants. The projected sales growth marks a slowdown from last year’s 5.3 percent, which was the largest gain since 2010.
Before the economy crashed and Station Casinos went bankrupt, the company loaded up on land.