Half of the Las Vegas Valley has been priced out of the real estate market, according to a top Clark County housing official.
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 unincorporated township was birthed out of 1950s, with casinos looking to avoid taxation from the city of Las Vegas.
Stakeholders say Las Vegas is running out of land to develop while the cost of business continues to rise due to government control.
The Federal Reserve is expected to cut borrowing costs Wednesday by either a quarter point or half percentage point.
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A federal lawsuit alleges RealPage, a real estate software company, has been using algorithms to set rents as high as possible for property management companies and landlords in a form of technological collusion.
A new report from Zumper shows that some rental markets are showing increased rental rates while others are dropping in the valley.
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Charlyne Cutler is hoping she can bring awareness to a growing problem within the valley, shady businessmen preying on people wanting to save money on their electric bills.
The seven-bedroom house is a bachelor pad with multiple play areas, a full-size basketball court and 16 car garage.
Even with more houses hitting the market, prices in the Las Vegas Valley are continuing to approach their record high, according to newly released data.
A new Avison Young study has Las Vegas’ return to work as one of the highest in the country.
The unicorporated township was birthed years ago and recently ranked as a top place to raise a family in the country.
Historical data from the Las Vegas Realtors shows an exponential increase in the average house price over the past few decades.
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