One area led the charge; however, an up-and-coming city could be on the rise in terms of home values.
Housing
The amount of money Las Vegas households need to make be able to afford rent in the valley is now above the median household income, according to a new report from Zillow.
In a new report, Zillow says the Las Vegas Valley was one of 16 major markets in the U.S. to see rents decrease in January.
Before the property sold in January for $6 million, the 2.3 acres, located a block away from Main Street, sold in 2011 for just over $322,000, according to Clark County property records.
A plan to build transitional housing for recently released offenders is getting pushback from the community before it goes to Las Vegas officials for consideration.
Two areas in the Las Vegas Valley are leading the pack so far in home sales in 2024, according to Clark County property records.
Searches for Airbnb rentals in the Las Vegas Valley for the week of the big game are up 65 percent from the same week last year.
But what does the jump in home listings mean for sales in Southern Nevada?
The lawsuit, which names Las Vegas Realtors, says real estate associations have created a closed, nonnegotiable system for getting homes listed on the MLS.
The new build-to-rent-project is responding to market shifts as mortgage rates remain elevated and “stigma” around luxury rentals drop.
A Clark County assistant fire chief called it one of the most filmed and photographed fires in Las Vegas history.
The six-bedroom, 15,000-square-foot property last changed hands in 2022 for $17.5 million. The asking price has gone up significantly since then.
The custom-built home has views of the entire Las Vegas Valley, including the Strip.
A cottage industry of private administrators, real estate agents, house-flippers and others cashed in on homes across Southern Nevada after the owners died.
New home builds and industrial commercial construction remain a bright spot for Las Vegas’ real estate industry.