As it has become increasingly difficult to purchase a home in the Las Vegas area, industry sources say more buyers than usual in America’s casino capital are turning to Pahrump.
Housing
State and federal eviction moratoriums have been a lifeline for cash-strapped Nevadans but a study released Thursday finds the protections have battered Nevada’s economy and its landlords.
The three-story ultra-luxury estate in Henderson spans 14,207 square feet and is listed for the price of an apartment complex or office building.
Affordable housing advocates asked Gov. Steve Sisolak to consider ways to fund more development and address the cost of living during an event Tuesday.
Toll Brothers announced that it acquired StoryBook Homes, giving Toll a foothold in a more affordable slice of the housing market.
Nevada HAND, a nonprofit affordable housing developer and property manager, announced it will freeze rent on its units across the Las Vegas Valley to combat the rising costs of living.
Avenue North founder Ryan Hartman aims to start construction on the 165-home project this year.
Before last year, Las Vegas’ median house price peaked in mid-2006 at $315,000 – which, adjusted for inflation, is $423,834 in today’s dollars.
Five of the members are appointed by elected bodies: two from the Clark County Commission, and one each from the city councils of Las Vegas, North Las Vegas and Henderson.
The project on Blue Diamond Hill is smaller than past controversial proposals, but environmental advocates are still upset.
Sparrow Partners expects to open two new 55-and-older apartment complexes in mid-2022.
It’s the second time leaders at the Southern Nevada Regional Housing Authority have faced sexual misconduct allegations since 2019. Board members aren’t talking.
Nevada public officials have not yet confirmed whether the new federal eviction moratorium applies to renters living in counties eligible for the new protection, leaving some renters with a cloudy future.
Las Vegas housing prices shot past $400,000 on the resale market for the first time last month, raising concerns that many locals might get priced out as home values keep setting new all-time highs.
Howard Hughes Corp. is developing an office building next to Las Vegas Ballpark and 295 apartments nearby.
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