A settlement regarding the National Association of Realtors and how commissions are set has had little impact on the industry say local realtors.
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 Las Vegas Valley’s luxury real estate market has been booming as far back as 2019; however, one top broker said data is already showing that the Trump administration’s tariffs have curtailed sales.
June statistics from the Las Vegas Realtors show the average home sale price in Southern Nevada inched back up again last month to $485,000, a record high for the region.
A Redfin senior economist said all indications are a tough market ahead for the valley’s residential real estate market in the second half of the year.
The latest pay report from ADP shows that workers in the state saw an increase in wages that was higher than the national average year over year.
A new report from the Regional Transportation of Southern Nevada found there is approximately 78,000 acres in the valley currently sitting vacant or underutilized.
Political action at the state level on housing and subsequent setbacks at the federal level in making more federal land available for development were atop the list of issues raised during a recent homebuilders panel.
Lending Tree report has the state ranked 34th in the nation when it comes to the number of vacant homes.
Heather Engle and the Las Vegas Rescue Mission are asking for the public’s help in a growing time of need for the city’s homeless population
Spring Valley, which welcomed a number of new apartment complexes, saw its rental rate decline more than any other area in the valley.
Zillow says the valley is leading the nation in a rise of homes for sale.
The latest report from UNLV’s Center for Business and Economic Research says a number of issues could depress population and economic growth.
Across the county roughly $698 billion in homes are sitting on the market for sale, up 20 percent from last year and the highest ever recorded, according to a new report from Redfin.
Elaine Wynn’s condominium is expected to hit the market for $3.49 million, according to the listing agent.
A real estate agent says people in the Las Vegas Valley are starting to look at alternatives to houses in response to their high prices.