With mortgage rates at an all-time high buyers are looking for any and all financial loopholes.
Patrick Blennerhassett
Reporter: Real Estate and Housing
Phone: 702-348-3967
Patrick Blennerhassett hails from Kamloops, a small city in Canada, and first started working as a newspaper reporter in the early 2000s. Before joining the RJ, he worked for the South China Morning Post, based out of Hong Kong, where he covered sports and the growing intersection of sports and politics. Patrick was also a writer for Business in Vancouver, covering a wide range of topics including real estate, economics, trade and geopolitics, and for the Victoria News, where he won a Jack Webster Fellowship Award. Patrick’s work has been published in outlets such as The Guardian, The Globe and Mail, Reader's Digest, Chicago Tribune, The Seattle Times, Miami Herald, and he has appeared on CBC, NPR and BBC radio. He is a four-time published author and has traveled to more than two dozen countries.
The developer that sold the project also has more in the works for North Las Vegas.
One real estate developer bought the majority of the land in the western portion of the valley.
The latest project announced at the rapidly developing Apex Industrial Park in North Las Vegas is scheduled to begin construction in 2024 and be finished in 2025.
One of the tenants will continue to lease the land, which falls within Harry Reid International Airport’s runway protection zone.
The unincorporated area is seeing a boom in residential and commercial space.
Sales in the valley are expected to be below last year’s totals, and the lowest since the Great Recession.
The study was broken down into a number of factors including taxes, home prices, cost of living and sunshine.
Sports, entertainment and tourism have become big business globally, and Las Vegas could reap the rewards.
More renters and a lack of construction is putting pressure on local real estate market.
The commercial property is just east of the famous Fremont Street Experience.
This Realtor is who the Raiders call when they want to buy or sell a house in Las Vegas.
Construction on the project at the edge of Red Rock Canyon is slated to begin in early 2025.
Las Vegas saw a 15 percent increase from a year ago in how much valley residents must make to afford a mortgage, according to Redfin.
An Amazon representative confirmed the purchase of the land from a Nevada-based company but did not disclose the company’s plans for it.