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 News
A report released Tuesday by Las Vegas Realtors shows local home prices dipping for the second straight month, with fewer homes selling and more available for sale.
If the president wants to review the complaint with the full board, the president should call for a formal hearing. The president should not be judge and jury.
Contractors Board awards $14,060 to homeowners
Las Vegas Realtors announced the results of the association’s annual election of officers and board members, with longtime local Realtors Lee Barrett serving as its 2023 president and Merri Perry serving as 2023 president-elect.
Berkshire Hathaway HomeServices Nevada, Arizona and California Properties has promoted its general manager Troy Reierson to CEO. Mark Stark, who has been with the company since 1985 and been its CEO since 1997, has become its chairman.
A report released Wednesday by Las Vegas Realtors offers more proof the local housing market is cooling off after a long hot streak of record prices and strong sales.
Even as local home prices continue to set records, a recent report released by Las Vegas Realtors suggests the hot housing market may be starting to shift.
Southern Nevada’s commercial real estate industry entered 2022 on an upswing and continues to flourish, despite some headwinds.
Sorry, an individual homeowner cannot opt out of their homeowner association. Under Nevada Revised Statutes 116.2118, an association can be terminated, which is a complex process that requires the support of the membership.
More than 50,000 expected to attend first full-scale parade since the pandemic with new additions, return of popular favorites, professional sports teams, record number of giant inflatable balloons and veterans and military groups. The event will be held 9 to 11 a.m on July 4. Escort division commences at 8:30 a.m.
Cushman Wakefield has advised on the sale of The Lennox, a luxury apartment community in Las Vegas, Nevada. Constructed in 2015, the 100-unit “A” class multifamily asset is located at 430 E Cactus Road and sold to an undisclosed buyer for $38.5 million, or $385,000 per unit.
Q: I am the president of a very small homeowners association community. We have a resident who has placed a “Let’s go Brandon” sign in their front window.
Unless your CCRs has a section that allows higher monthly association fees on owners who violate regulations, you would not be able to increase the investors a higher fee.
