Construction is gaining speed in Las Vegas, but if you want to see a glaring difference between today’s market and that of the mid-2000s bubble, just look at developer Jorge Pérez.
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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.
Las Vegas apartment rents are growing at one of the fastest rates in the country, and the vacancy rate is lower than most, a new report 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.
The Bureau of Land Management sold almost 70 acres of Las Vegas Valley land at auction Thursday.
Opendoor announced Thursday that Japanese billionaire Masayoshi Son’s SoftBank Vision Fund invested $400 million in the company. It did not disclose SoftBank’s ownership stake, but Opendoor said it has obtained more than $1 billion in total equity investments and $2 billion in debt.
Long-term U.S. mortgage rates are up for the fifth straight week, with the key 30-year rate reaching its highest level in more than seven years.
Related Group, is in the process of buying three project sites in the southwest Las Vegas Valley to build rental complexes.
Las Vegas homebuilders are fetching rapid sales and record prices, a new report shows, but President Donald Trump’s tariffs are inflating construction costs amid heightened affordability concerns.
Southern Nevada prices were up 13.7 percent in July from a year earlier, compared to 6 percent nationally, according to the SP CoreLogic Case-Shillerindex released Tuesday.