This Las Vegas housing market is correcting not crashing

It’s shocking how fast things change in the local real estate market. Is it time to accept that the housing bubble has officially burst and we’re headed for another collapse like 2007-2008? I can see the eager investors now, licking their chops and rubbing their hands together excited, waiting for values to crash so they can swoop in and cash in on deals, like before. Well, don’t begin to drool yet expecting a crash; I think a housing correction is what we’re witnessing.

Investors consider multifamily, commercial real estate

Multifamily real estate rent amounts continued to increase during that same period, and home values at sale continue to trend up, meaning profits continued to climb for investors.

REAL ESTATE BRIEFS AUG. 6

Tri Pointe Homes, one of the largest homebuilders in the US and a leader in green building for more than 20 years, has announced advancements in LivingSmart, the company’s comprehensive program involving the development, construction and ongoing operation of high-performing homes that offer cost-savings and a better environment for those who reside in them.

2022 Best of Summerlin winners announced

Summerlin announces its 2022 Best of Summerlin winners — all the places, people and things people love about the community that spans the valley’s western rim.

Nevada Test Site to resume tours

The site is resuming tours after a two-year hiatus due to COVID-19.

Nevada officials offer regulations as hand-counts gain steam

The Nevada secretary of state’s office is proposing regulations for how counties can count paper ballots by hand amid a growing push for the method in some rural parts of the state.

 
Tacotarian celebrates 4 years with free tacos

On Aug. 22, to celebrate Tacotarian’s fourth anniversary, each Vegas location of the vegan taco shop will offer a free taco to the first 100 people in the door.

Tax fraud trial date set for Trump Organization, CFO

Manhattan Judge Juan Manuel Merchan denied requests by Allen Weisselberg’s lawyers and the Trump Organization to throw out the case.

Official: Gunman appeared to threaten FBI after Trump search

Ricky Shiffer, 42, was armed with a nail gun and an AR-15-style rifle when he tried to breach the visitor screening area at the FBI office Thursday.