The Las Vegas Valley is the 27th most affordable metro in the country when home prices are compared to income, according to a new study.
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.
With the federal government controlling 80 percent of the state, Gov. Joe Lombardo said Southern Nevada will run out of land to develop on by 2032 if more parcels aren’t released.
Owens is the founder of Agrippa, an AI-powered, broker-free commercial real estate capital matchmaking platform, and Augustus, an investment firm focused exclusively on Agrippa’s best deals.
Fewer than 20 percent of Nevada residents now believe the state is an affordable place to live, and many Nevadans have considered leaving as a result of the housing crisis, a survey finds.
New data shows a glut of new multifamily units has hit the market and vacancy rates have held steady.
Rental rates are varying across the entire Las Vegas Valley, according to a new report from Zumper. Here’s why.
Gov. Joe Lombardo and U.S. Rep. Mark Amodei have taken direct aim at the Bureau of Land Management’s vast control of the Las Vegas Valley regarding the housing crisis.
A luxury real estate agent says many of his clients are moving to the Las Vegas Valley from California because they are looking for a different lifestyle.
Last month the median price of a home dropped $5,000 from a record high, according to Las Vegas Realtors.
The Nevada State Apartment Association said the entire state has historically faced a supply and demand imbalance which has put upward pressure on living costs, and more supply is needed.
The latest report from the real estate company has inventory up 44.5 percent year over year ending March of this year, about 25 percent above the national average.
The Las Vegas Valley luxury home market is one of the few in the country that has been showing consistent growth since the COVID-19 pandemic, an executive said.
A Las Vegas executive with CBRE says the high vacancy rate reflects a pandemic building and financial boom, and he expects the rate to come down in the coming quarters.
Las Vegas tied for the 13th-longest average time for homes on the market among the top 50 metropolitan areas in the country.
A man who returned to the offices of a Las Vegas real estate trade group after being told to leave had a handgun in a backpack when police arrested him, according to a report.