The deal amounts to more than $281,800 per unit, more than double the market average as tracked by Colliers International. The price-per-door might also be a record for local garden-style apartments, said listing broker Taylor Sims of Cushman Wakefield.
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.
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.
Tower 16 Capital Partners announced last week that it acquired the 314-unit Evergreen complex for $29.5 million with partner Henley USA.
Las Vegas home prices will keep rising at one of the fastest rates in the country next year, and sales will only creep up, according to a new forecast.
Attached homes accounted for 13 percent of October’s sales tally, the sixth straight month that they fetched at least a 10 percent market share.
A condo east of the Las Vegas Strip is boarded up and, months after the owner died, still has furniture, clothes, oxygen tanks, a grimy stovetop and dishes in the sink. It’s also one of the cheapest homes for sale in Las Vegas
Las Vegas home prices keep rising fastest among major cities, a new report shows, and buyers are pulling back.