A shortage has led to skyrocketing lumber prices, increasing costs for home builders and adding thousands to the price of new homes in Southern Nevada and elsewhere.
red hot housing
Kristen Routh-Silberman listed a sleek Henderson mansion for $12.5 million early this month, and within days, she said, she was negotiating two offers.
Prospective Mount Charleston homebuyers seek getaways and full-time residences.
The median sales price of previously owned single-family homes was $375,000 in April, up 21 percent from a year earlier.
The Las Vegas housing market has become fiercely competitive in recent months, and the pressure to find a home is even more challenging for first-time buyers.
Swimming pools are Southern Nevada’s most coveted home amenity, and they’re likely to become even more desirable as summer continues to ease its way into the valley.
Homeowners are benefiting from Southern Nevada’s heated housing market, often selling for above the asking price and sometimes fetching substantially more than they paid just a few years ago.
Builders reported 4,113 net sales in Southern Nevada during the first three months of the year, up 32 percent from the same stretch in 2020.
We hopscotched around the Las Vegas Valley to find single-family homes available for $300,000 or less. Here’s what we found.
$500,000 homes in Southern Nevada offer a diverse range of sizes and amenities.
Taking Las Vegas’ median home price for a spin around the valley reveals diverse offerings.
Prices are setting record highs, but the tally of available homes for sale has plunged, and more people are looking to get into the real estate industry.
Rancho Circle for decades has been home to celebrities and notable Las Vegans.
Las Vegas’ housing market is in overdrive. Homes are selling rapidly, prices are setting record highs and many buyers are paying cash.
Las Vegas home prices set a record high yet again last month, and sales totals grew as the valley’s housing frenzy showed no signs of cooling.