Southern Nevada’s housing market is no stranger to volatility — and lately, it seems the industry is on anything but even ground.
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It was the latest high-priced deal in Las Vegas that did not produce transfer tax revenue that supports schools and low-income housing in Nevada.
Locally and nationally, the number of price cuts rose for the third consecutive month in May.
America’s casino capital “used to be an affordable alternative to California,” but rising prices and a hot market have made it “less attractive” for new buyers, report says.
Las Vegas rental rates are climbing faster than the national average, and Nevada faces a steep shortage of affordable units.
Blue Heron held a ceremonial groundbreaking for Shoreline, an 83-lot housing tract at Lake Las Vegas in Henderson.
Lily Funds founder Tom McManus sold 2 acres to a buyer who “requested to remain anonymous.”
Southern Nevada’s market overall “may be starting to calm down a bit.”
Some Amazon buildings in North Las Vegas all sold a year or so after they were built, and prices have skyrocketed.
The shuttered former home of Vickie’s Diner and White Cross Market is listed for $13 million.
Air Liquide says its new facility in Apex is the largest of its kind in the U.S.
The property owners are seeking $7 million an acre, or $182 million total, for the spread near Mandalay Bay.
With the grass torn out and heavy construction equipment on-site, Las Vegas’ former Royal Links golf course is on its way to becoming a sprawling housing tract.
Over the past year or so, Las Vegas has seen a rising tally of sales and construction plans involving vacant land, retail properties and hotels on or near its famed casino corridor.
Amid the typically busy spring buying season, around 3,000 previously owned single-family homes traded hands last month, down 8 percent from March.
Las Vegas home prices are skyrocketing, but as borrowing costs climb, buyer activity is down.
Developer Brett Torino expects the first wave of retail space for Project63 to be completed in October, with the remaining batch finished in February 2023.
Las Vegas Boulevard’s decades-old motor lodges, holdovers from the casino mecca’s early years, are small, no-frills affairs. One is up for sale at a hefty price.
The Summerlin estate has been on and off the market over the past few years and was priced at $24.5 million last fall.
Las Vegas real estate investor Steve Siegel is perhaps best known for his portfolio of low-priced apartment complexes bearing his name, but now he is the Strip’s newest landowner.
The new landlord is looking to develop more space at Tivoli and draw more tenants to the bubble-era real estate project.