The average cost to finance a home in the valley has increased from last year.
Paying the Price
An occasional series on inflation and the rising cost of living in Las Vegas.
A new study from RentCafe, which is owned by Yardi, has the valley as the 37th most competitive rental market in the country.
A Las Vegas Realtors official said the March housing statistics are a good sign for the overall residential real estate industry.
Members of the food and beverage industry brace for impact after Trump’s “Liberation Day” announcement, imposing sweeping tariffs to the global market.
Redfin’s latest report shows that home prices are growing at a slower rate nationally than they have been in the previous months.
Zillow’s latest market report has homesellers cutting prices on 18 percent of the listings in the valley however sales have yet to take off.
Gasoline prices in the Las Vegas Valley have spiked over the last week, with the average price for a gallon of fuel knocking on the $4 mark.
Las Vegas’ real estate industry is already feeling the financial pain from the Trump administration’s tariffs and market uncertainty, local executives say.
The institutional investment firm owns well over 3,000 homes, according to Clark County property records.
On Wednesday, President Donald Trump announced a 25 percent tariff on automobiles and auto parts made outside of the United States, leading to uncertainty within the market.
The White House says tariffs on auto imports would foster domestic manufacturing, but they could also squeeze automakers that depend on global supply chains.
Eviction Lab, which is run out of Princeton University, has the county and its three municipalities ranked seventh out of all the metro regions it tracks across the country.
There’s a growing perception that Las Vegas casinos are prioritizing profits at the expense of the guest experience.
A UNLV professor said market uncertainty abounds right now, while a study shows how much Nevada is exposed to potential tariffs compared to other states.
Zillow report shows that since the pandemic started, home prices in the valley have gone up 48 percent and rents are up almost 36 percent.