Las Vegas Growth

Dec. 29, 2020

Las Vegas home prices continue steady climb despite pandemic

The ongoing coronavirus pandemic has done nothing to quell the upward trajectory of home prices in Southern Nevada.

 

The median price for an existing home in the area was $345,000 in November, according to a report released by the Las Vegas Realtors trade organization today.

The monthly figure ...

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Dec. 22, 2020

Housing Market Crash: Will Prices Crash in 2021?

 

The US housing market is far from crashing in 2020 or 2021. In fact, it continues to play an important supportive role in the country’s economic recovery. Current economic conditions resemble a “swoosh” pattern, with the initial impact from the lockdown followed by a gradual recovery as the economy ...

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Dec. 15, 2020

EVICTION MORATORIUM- EXTENDED AGAIN

Landlords should be asking local attorneys in their city or state lots of questions.

 

No. 2 – Is it better now to use month-to-month leases?

One of the possibilities discussed is whether landlords would be better in this environment to go to shorter leases.

Is it better to continue ...

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Nov. 13, 2020

Program helps homeless people afford apartments

Program helps homeless people afford apartments

By Sara MacNeil 

 

The city of Las Vegas added 10 apartments this month to a program that provides transitional housing for homeless people.

The Las Vegas City Council approved spending $93,500 to rent the units for one year. Program participants pay 30 ...

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Sept. 28, 2020

Market Amid Pandemic and High Unemployment

LAS VEGAS (KSNV) — Las Vegas has been hit hard with high unemployment numbers this year, but through all the apocalyptic insanity that came with 2020, area home prices are up nearly 8% in August.

The average price of a home in the Las Vegas metro area grew 7.8 ...

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Aug. 31, 2020

EVICTIONS

LAS VEGAS (KTNV) — Thousands of Nevadans could be facing homelessness for the first time.

Many people across the state have been facing eviction since the start of the coronavirus pandemic. The moratorium in Nevada expires in one month, but a new law could protect renters.

Gov. Steve Sisolak ordered ...

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Aug. 24, 2020

Why Is Las Vegas A Good Place For Real Estate Investment?

 

LAS VEGAS' DEMOGRAPHICS

  • Las Vegas is a beautiful city of million-lightbulb signs and fantastic architecture.
  • It is an internationally renowned major resort city.
  • It is known primarily for its gambling, shopping, fine dining, entertainment, and nightlife.
  • It is often known as “The Entertainment Capital of the World” – because ...
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Posted in Las Vegas Growth
July 28, 2020

EVICTION MORATORIUM- LAS VEGAS

The statewide eviction moratorium that has been in place since late-March because of the coronavirus crisis will be lifted, Nevada Gov. Steve Sisolak announced today.

The statewide eviction moratorium that has been in place since late-March because of the coronavirus crisis will be lifted, Nevada Gov. Steve Sisolak announced today ...

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June 24, 2020

Project Status'

As of the end of January 2020, prior to the closures of businesses determined to be non-essential and the announcement of stay-at-home recommendations due to COVID-19, the Las Vegas Convention and Visitors Authority (LVCVA) indicated that construction of over 12,000 hotel rooms was scheduled to be completed by 2023 ...

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Posted in Las Vegas Growth
June 19, 2020

Why you should buy in Las Vegas!

While we have a steady supply of existing homes, we thought it would be worthwhile to discuss a few reasons why aspiring homeowners should look into buying a new home in Las Vegas.

1. Build Quality

Pardee, Lennar, KB Homes and DR Horton are just a few of the companies ...

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Posted in Las Vegas Growth