The move to promote the specially designated areas designed to “incentivize” private sector investment in distressed communities is not expected to have much impact on the 61 zones in Nevada.
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A total of 7,003 single-family houses were listed without offers at the end of November, up 1.2 percent from October and 54.3 percent from November 2017, according to a new report from the Greater Las Vegas Association of Realtors.
County Social Service Director Michael Pawlak said rising home prices and rental rates have sparked a renewed sense of urgency to develop affordable rental housing.
The Henderson City Council took its first vote on a development agreement for the Raiders headquarters and practice facility. The item was unanimously approved but will need to be voted on again at a later meeting.
The Las Vegas City Council appears to be changing course from a proposed city-wide ban on short-term rentals.
Developers will need to complete impact studies before seeking the Las Vegas City Council’s permission to re-purpose open spaces under an ordinance approved Wednesday.
Amid high prices, Las Vegas house hunters are gravitating toward more affordable projects and sales are slumping in some communities.
Commissioners voted 4-3 to support the proposed ban, which would grandfather in short-term rentals already permitted by the city. The decision followed more than an hour of public comment, with a majority of speakers opposing the ban.
A developer is asking a federal judge to block Las Vegas City Councilmen Bob Coffin and Steve Seroka from voting on items related to building on the defunct Badlands Golf Course, a court filing shows.
About 500,000 people stayed at Airbnb rentals in the Las Vegas area last year, the company reports. That’s almost double the amount of visitors in 2016.