Southern Nevada’s population has grown fast for decades, fueled in no small part by its history of relatively low housing costs, but many would-be buyers are now priced out.
Housing
Your No. 1 source for Las Vegas housing and real estate news.
LVR President George Kypreos is named in a multistate, class-action lawsuit which alleges Zillow, of which he is a flex agent, colluded to steer customers to their company and agents.
Mortgage rates are down and more houses on the market in Southern Nevada, which is causing downward pressure on mortgage payments.
Serhant, from celebrity broker Ryan Serhant, announced its Las Vegas expansion in November, marking its fourth new market in 2025.
Construction is underway on the Four Seasons-branded project.
The median sale price for an existing home in November hit a record high in Southern Nevada, as home sales decline.
The price hike for a one-bedroom unit in Las Vegas was seventh-fastest among the 50 metro areas tracked for the report.
The three model homes currently being built will be merchandised by Bobby Berk of “Queer Eye” and “Junk or Jackpot.”
County residents say they are being fined thousands of dollars and have had liens placed on their homes for violating Clark County’s short-term rental ordinance.
Clark County commissioners gave the green light to a 99-lot subdivision on 19 acres just south of Blue Diamond Road at Tenaya Way, in the southwest Las Vegas Valley.
Teravalis is planned for a total of 100,000 homes, 300,000 residents and 55 million square feet of commercial space.
The large Henderson home took over a year to design and almost three years to build, said the developer.
Residents on a fixed income are concerned their HOA fee will go up from $275 a month to $490.
More builders around the country are using incentives, including lowered prices, to get deals closed, a trade group said.
Las Vegas home prices ticked lower in September from year-ago levels as prices nationally inched higher, amid ongoing market sluggishness.