Southern Nevada’s wheeler-dealer market didn’t disappoint this year, as investors bought hotels, high-priced land and other properties.
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The installation of concrete bollards near the Southwest Airlines ticket counter at Harry Reid International Airport will lead to some traffic snags for passengers.
Just over 27 percent of pending sales in the Las Vegas area fell through in June, the highest cancellation rate in the nation, according to Redfin.
Las Vegas home prices are skyrocketing, but as borrowing costs climb, buyer activity is down.
Southern Nevada spent the past year grappling with the pandemic but also saw a burst of lucrative casino deals.
Southern Nevada prices have been on a stomach-churning ride the past two decades: The market floors it, hits the brakes, and repeats.
Southern Nevada homebuilders made more than 11,000 net sales last year, the most since 2007, according to figures from Las Vegas housing tracker Andrew Smith, president of Home Builders Research.
While critics say New Jersey capitalizes on a simple registration plan, others say the differences in the markets are what enable the Garden State to gain more revenue.
Hughes Corp. chairman Bill Ackman tweeted May 21 that Tesla boss Elon Musk should consider one of the developer’s master-planned communities in those states and to “take a close look” at Summerlin.
The Sahara name has returned to Las Vegas Boulevard – along with new hopes for a rejuvenation of the struggling north end of the Strip.