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.
September was the first time since June 2007 that the median house price reached the $300,000 mark, the GLVAR said.
If Las Vegas’ fast-rising home prices have stretched or snapped your ability to buy a place, you’re not alone.
Long Beach, California-based Westland, led by President Yanki Greenspan, started buying multifamily properties in the Las Vegas area in 2010 and now owns nearly 10,000 units in the region, Northcap said.
Tower 16 Capital Partners announced this week that it acquired the 540-unit Cornerstone Crossing for $49.75 million in a joint venture with Henley USA.
A Los Angeles real estate firm picked up two more apartment complexes in the Las Vegas Valley, bringing its local holdings to more than 3,200 units.
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.
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.