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 […]
Market Reports
ARE THE LAS VEGAS HOME PRICES SUSTAINABLE?
Home prices in Southern Nevada rose again last month to record highs again, with the head of the region’s main real estate association saying prices can’t keep climbing “this fast forever.” Previously owned single-family homes had a median sales price of $450,000 in February, up 3.4 percent, or $15,000, from the previous all-time high set in […]
SOUTHERN NEVADA’S VERY HOT HOUSING MARKET – HOW LONG CAN IT LAST?
SOUTHERN NEVADA’S VERY HOT HOUSING MARKET – HOW LONG CAN IT LAST?
WILL THE HOUSING MARKET STAY HOT IN 2022?
We are approaching the year 2022 and wonder will the housing market sustain the strength we have seen in 2021, or are we finally about to see a slow down? The following is a high-level forecast of what experts think we should expect next year, based on the demand and the supply we are already […]
LAS VEGAS HOME PRICES HIT RECORD IN OCTOBER
It’s been a crazy year for the Las Vegas real estate industry. Despite job losses created by the pandemic, Southern Nevada’s housing market has seen rapid sales and record-high prices. Buyers have flooded sellers with offers and routinely paid more than the asking price. This is thanks largely to rock-bottom mortgage rates that have let […]
THE RETURN OF INTERNATIONAL TRAVEL TO THE UNITED STATES IS WELCOME NEWS FOR LAS VEGAS
“When exactly would the U.S. ease the international travel restrictions for vaccinated flyers?” This was the first question that was asked by European carriers to Southern Nevada Tourism officials at an airline conference in Italy said Chris Jones, chief marketing officer for McCarran International Airport. “The US’ new travel policy that requires vaccination for foreign […]
