A Las Vegas Realtors official said current market conditions are weighing on the industry, including high mortgage rates and a lack of available housing.
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Sen. Jacky Rosen’s bill would make it illegal to rent or sell a unit at an unreasonable price during an affordable housing crisis.
Las Vegas real estate agents are hopeful sales will rebound in 2024 as interest rates wane.
The first residential project in the area in decades has a green light and its developer is banking on the area turning the corner from its scandalous past.
The median sales price for previously owned single-family homes in Southern Nevada rose 1.2 percent to $430,000 in April.
Builders sold 782 homes in Las Vegas’ largest master-planned community last year, down 52 percent from 2021, according to separate reports last week from two consulting firms.
A formerly quiet, sprawling tract of land near the Strip is becoming a Formula One racetrack and the owner of a rental property next door is looking to sell for a hefty sum.
The median sales price of previously owned single-family homes fell in July, as Southern Nevada sees fewer sales, growing inventory and more price cuts.
Home prices in the U.S. have been rising at their fastest rate in decades, and there’s every reason to believe prices will continue pushing higher in the months to come.
South Beach, in the southwest valley, boasts poolside cabanas, a huge outdoor TV, an outdoor gym, a sports field and other amenities.