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Las Vegas Economy Update
Viva Las Vegas Real Estate: A Market on the Rise!
In April, the median price of existing single-family homes in Southern Nevada hit $469,000. That’s a solid 9.1% increase from $430,000 in April 2023. While it’s still a bit shy of the all-time high of $482,000 set in May 2022, this jump is a clear sign of a thriving market.
Why the Luxury Home Market in Las Vegas is Booming
Welcome to the glitzy world of Las Vegas luxury real estate, where stunning homes with breathtaking views, opulent amenities, and modern design keep the market sizzling. Let’s dive into the factors that make this market so hot, and explore some of the incredible features that these homes offer.
The Buzz in Vegas: Investors are Betting Big on Real Estate
Las Vegas isn’t just about the glitz and glam of casinos anymore—its real estate market is heating up, drawing investors like moths to a neon flame. According to Redfin, the Las Vegas Valley saw a 2.7% rise in investor home purchases in the first quarter of 2024, second only to Oakland, California.
Las Vegas Real Estate: What’s Sizzling in 2024?
Hey there, homebuyers and real estate enthusiasts! Want to know what’s cooking in the Las Vegas real estate market this year? Well, you’re in for a treat because we’ve got the scoop. According to a fresh report from the real estate gurus at Zillow, the Las Vegas Valley is set to be the 12th “hottest” […]
Housing Market Update: Has the New Home Market Hit an Inflection Point?
The year 2023 has unfolded as a narrative of contrasts in the housing sector, where existing-home and new-home markets are dancing to different tunes. As we delve into the insights provided by Zonda’s survey of builders, a nuanced story emerges, shedding light on the challenges and opportunities shaping the industry. New-Home Market Challenges: In October, […]
