In Southern Nevada, builders’ sales tally last month was the lowest of the year and marked the third consecutive month of sliding sales.
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Home prices are still logging huge year-over-year gains, making it all the more expensive to buy a place as people also face higher costs for gas and other daily goods.
The luxury house in The Summit Club, a wealthy enclave in Summerlin, features a “secluded private apartment.”
Fremont9 was developed through a partnership between The Wolff Co. and Tony Hsieh’s side venture DTP Companies.
Home prices soared across the country at a record speed in July, though in Las Vegas, prices accelerated even faster than the national average, a new report shows.
Housing markets are always prone to ups and downs, especially in Las Vegas, and no boom lasts forever.
Las Vegas has no shortage of homes for rent between $1,000 and $2,000 a month. Some landlords, however, charge the price of a new car every four weeks.
Southern Nevada home prices rose 13 percent in June from a year earlier, compared with a 6.2 percent rise nationally, according to the SP CoreLogic Case-Shiller index released Tuesday.
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.
Las Vegas apartment rents are climbing faster than the national average, but the valley’s low vacancy rate also is inching up, a new report shows.