America’s casino capital is known for its towering resorts, but it also has seen numerous real estate plans come and go.
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The four bedroom, six bathroom Henderson mansion is listed for $34 million. Take a tour.
A local realtor cited many factors for the historically low inventory, including interest rates and homeowners renting out their houses instead of selling.
Blue Heron held a ceremonial groundbreaking for Shoreline, an 83-lot housing tract at Lake Las Vegas in Henderson.
The median sales price of previously owned single-family homes reached a record high of $450,000 in February.
U.S. firms that flip houses around the country purchased 532 homes in the Las Vegas area in the second quarter, up almost 80 percent from the first quarter.
The median sales price of previously owned single-family homes was $405,000 last month, unchanged from the record high set in July.
Experts have warned of a pending eviction crisis in states across the country, and data indicates Clark County will be faced with one as well.
Las Vegas-area home prices were 30 percent to 34 percent overvalued in the first quarter, highest among the 50 most-populated metro areas in the nation, according to Fitch Ratings.
Homebuilders have been busy in Henderson’s Cadence community, putting it among the top-selling spots in the nation for new houses. Now rental developers are getting a foothold, too.