Throughout the United States, home sellers are lowering prices as higher borrowing costs make it even more expensive for people to buy a place, after a year of huge price gains. In the Las Vegas area, 13.7 percent of active listings had a price cut in May, compared with 11.5 percent across the U.S., according to experts. […]
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The City Council of Henderson approved the building of the Pinnacle Residences at MacDonald Highlands — the first high-rise that will be built in the valley since the Great Recession. This high-rise is a $900 million resort-style condominium project. The project will have 171 high-rise condos in two towers. There will also be 10 single-family […]
On May 5 Las Vegas saw its most-ever high resale prices of a condo in a High-rise with a cash sale of $6.5 million cash for a penthouse at Turnberry Place. The first quarter of 2022 saw 293 resales, and that is on the back of a record 1,161 resales in 2021. This is a […]
The luxury home market in Las Vegas is hot – like the weather will be in a couple of months. This is a historic time for our local luxury market. In 2021, there were more homes – 46 sold that were over $5 million – than in other years in the history of Las Vegas. […]
As we all know, the housing market is still very strong with a demand for newly built homes. This year, master-planned communities will see both opportunities and challenges to deliver new homes to homebuyers. Cadence has seen strong sales in the past few years and they anticipate the trend will continue. The community offers various […]
Land prices have been rising in Las Vegas quite rapidly this past year, leaving home builders to find new rural communities scattered around Southern Nevada for new projects. The majority of the major builders in the region have been investigating properties to purchase in outlying areas such as Pahrump, Indian Springs, Moapa Valley, Mesquite, and […]