The lawsuit, which names Las Vegas Realtors, says real estate associations have created a closed, nonnegotiable system for getting homes listed on the MLS.
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Nevada HAND receives 2,000 calls a day from people seeking affordable housing and only has a “handful” of vacancies in its 4,700-unit portfolio, the president and CEO said.
The buyer, British businessman Simon Dolan, made headlines for challenging the U.K. government in court over the country’s pandemic lockdowns.
The Las Vegas housing market has become fiercely competitive in recent months, and the pressure to find a home is even more challenging for first-time buyers.
Raiders owner Mark Davis, after bailing on plans to build a house in a wealthy Las Vegas enclave, has bought a bigger plot across town in the Henderson mountains.