78°F
weather icon Clear

Las Vegas makes list of top 10 real estate markets to watch in 2016

Las Vegas weighed in at No. 9 in the Trulia list of real estate markets to watch in the coming year — behind Riverside-San Bernardino, Calif., and ahead of Tacoma, Wash.

It was a combination of expected job growth, affordable houses (at least relatively, in the case of Riverside) and cool local places that attract millennials that seemed to work for most of these cities.

Las Vegas was no exception. Authors noted that there's much more to Sin City than the Strip, including access to the great outdoors such as Lake Mead, the revitalizing downtown and art district, getaways like Boulder City and the best Thai food in the country at Lotus of Siam.

And the authors added:

"But the clincher for this big little town just might come from the U.S. Bureau of Labor Statistics, which expects Las Vegas to experience 4.8 percent job growth in 2016, crushing the national prediction of less than 2 percent."

Here's the complete list:

1. Grand Rapids, Mich.

2. Charleston, S.C.

3. Austin, Texas

4. Baton Rouge, La.

5. San Antonio, Texas

6. Colorado Springs, Colo.

7. Columbia, S.C.

8. Riverside-San Bernardino, Calif.

9. Las Vegas

10. Tacoma, Wash.

For more, visit trulia.com.

MOST READ
Don't miss the big stories. Like us on Facebook.
THE LATEST
Luxury pool designers get creative

“One cool new design trend we are doing is elevating the pool and/or spa out of ground and incorporating acrylic viewing panels into the water vessel to give a sense of being larger and providing grandeur,” said Terence Thornton, watershape designer and project manager at Ozzie Kraft. “We are incorporating other outdoor living features such as outdoor kitchens, outdoor living rooms with media centers, fire features and play spaces into projects to create amazing spaces for families to enjoy and entertain.”

HOA stalls in removing tree that landed on condo building

If this tree is one that belongs to the association and is located in the common area, the association needs to contact its insurance company to not only remove the tree but also to assess the damages caused by the tree onto any of the homeowners’ units.

Summerlin’s Grand Park full of new home options

Summerlin is well-known for its more than 300 parks ranging from small pocket parks in nearly every neighborhood to expansive community and village parks that offer sports fields, tennis and basketball courts and playgrounds.

Toll Brothers opens Raven Crest in Summerlin

Toll Brothers, Inc., the nation’s leading builder of luxury homes, announced the grand opening of Raven Crest, a new community of luxury townhomes in Summerlin’s Kestrel Commons village. Three new model homes are now open for tours at 11545 Hillrise Ave.

Local Rebuilding Together unveils veteran housing

On July 14, Rebuilding Together Southern Nevada (RTSNV) unveiled a newly built multi-unit property in North Las Vegas that will house Veteran service members. This project marks the launch of RTSNV’s new initiative focused on acquiring land and constructing and rehabilitating properties to create and preserve affordable housing for Veterans and other low-income residents.

$25.25M sale in MacDonald Highlands highest so far this year

Uber ultra-luxury activity has remained strong in Las Vegas as evidenced by the transactions. The most recent one closed July 11 for $25.25 million for a home in MacDonald Highlands.

Bids not needed to renew management company’s contract

There is nothing in Nevada Revised Statutes 116 that requires an association to rebid all of its vendor accounts, including the management contract.

Local Rebuilding Together unveils veteran housing

On July 14, Rebuilding Together Southern Nevada (RTSNV) unveiled a newly built multi-unit property in North Las Vegas that will house Veteran service members. This project marks the launch of RTSNV’s new initiative focused on acquiring land and constructing and rehabilitating properties to create and preserve affordable housing for Veterans and other low-income residents.

MORE STORIES