The Sunset Road corridor has been plagued with high vacancy numbers until recently. Now, tenants are leasing space and buildings are popping up.
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.
Las Vegas Realtors data shows the median sale price has risen more than $160,000 since December 2019 — before the COVID pandemic swept across the globe.
KB Home has purchased over 200 acres of land in North Las Vegas and plans to build a community of new homes for first-time homebuyers.
Jerry Lewis’ former house has sold again, adding to a long list of transactions related to the property over the past few years.
The off-market sale was brokered by Colliers and features two buildings which are 70 percent occupied by the Ultimate Fighting Championship.
Las Vegas is joining the ranks of several California cities, with unaffordable housing prices, according to the Urban Land Institute Home Attainability Index.
Redfin historical data shows that investors purchases peaked in the second quarter of 2022 and a UNLV study from last year estimates they could own at least 15 percent of the valley’s entire residential housing stock.
Las Vegas Realtors statistics which pull from the Multiple Listings Service show the median price of a single-family home in Southern Nevada is now near half a million dollars.
A National Association of Realtors settlement that came into effect in August has not had the intended effect on the industry as commissions refuse to drop.
Redfin reports the valley had the biggest increase for the third quarter of this year as corporate America continues to buy up the region.
Multiple members of the Las Vegas Realtors have filed formal complaints against the trade association with the Nevada Attorney General’s Office.
Rental rates have skyrocketed in Las Vegas since the start of the pandemic.
Consumer Price Index data shows a host of rising costs on a variety of daily items, including coffee, gas, eggs and movie tickets.
A new study shows that Las Vegas ranks in the top 10 when it comes to least affordable metro areas in the U.S. to raise children.
The retail shopping center along West Charleston Boulevard has sold to a Boston-based company, according to Clark County property records.