Category: Las Vegas

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Industry Leading Firm Reports Marked Increase in New Developments Nationwide CLEARWATER, Fla., May 15, 2024 /PRNewswire/ — From rural Illinois to North Las Vegas, a trend has emerged among savvy real estate developers who are partnering with municipal leaders to capitalize on the continued ‘boom’ of the youth travel sports marketplace. The trend? Look beyond the walls or fields of a youth sports mega-plex to the surrounding real estate and create a genuine travel destination complete with new restaurants, retail shopping experiences, and on-site hotels. The Sports Facilities Companies (SFC),…

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EXIT Realty Number One, an esteemed real estate firm, highlights prime commercial property for sale in Las Vegas, NV. LAS VEGAS, NEVADA, USA, May 15, 2024 /EINPresswire.com/ — EXIT Realty Number One, an esteemed real estate firm, highlights prime commercial property for sale in Las Vegas, NV, catering to investors seeking high cap rates and favorable returns. Las Vegas presents diverse opportunities, including industrial, office, multifamily, and retail units. EXIT Realty Number One’s commercial division, led by knowledgeable brokers and realtors, leverages innovative technology to provide unparalleled service. They advise…

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A recent Las Vegas Realtors report shows local housing prices springing forward in April, with condo and town home prices reaching a record high. LVR reported the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during April was $469,000. That’s up 9.1 percent from $430,000 in April of 2023. However, local home prices are still below the all-time record of $482,000 set in May of 2022. The median price of local condos and town homes sold in April was $290,000, up 7.4 percent…

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Last year’s housing market rollercoaster ride left many wondering: will home prices drop or rebound in 2025? Home prices will continue to slow down but not drop. But there is no one-size-fits-all answer to this question, as the housing market in the United States will likely vary depending on location and other factors. Will the Housing Market Crash in 2025? Most experts in the housing industry predict less buyer demand, lower prices, and higher borrowing rates. Rate increases, along with a shortage of availability, have pushed many purchasers to the…

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The Henderson master-planned community of Cadence is leading Clark County in new home construction and riding the wave of new home sales in the valley and across the country. So far in 2024, 153 homes have started construction in Cadence and its Symmetry Trails neighborhood, which is an average of 12.8 homes a month, according to data obtained by the Las Vegas Review-Journal from residential construction data company Zonda. The northeast Henderson community is being spearheaded by nearly a dozen separate homebuilders, including Century Communities and Lennar, one of the…

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The Henderson master-planned community of Cadence is leading Clark County in new home construction and riding the wave of new home sales in the valley and across the country. So far in 2024, 153 homes have started construction in Cadence and its Symmetry Trails neighborhood, which is an average of 12.8 homes a month, according to data obtained by the Las Vegas Review-Journal from residential construction data company Zonda. The northeast Henderson community is being spearheaded by nearly a dozen separate homebuilders, including Century Communities and Lennar, one of the…

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A recent Las Vegas Realtors report shows local housing prices springing forward in April, with condo and town home prices reaching a record high. LVR reported the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during April was $469,000. That’s up 9.1 percent from $430,000 in April of 2023. However, local home prices are still below the all-time record of $482,000 set in May of 2022. The median price of local condos and town homes sold in April was $290,000, up 7.4 percent…

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The monthly index, for which the luxury firm began gathering data in March 2023, is based on roughly 250 responses collected each month from the firm’s real estate professionals across the U.S., Canada, Caribbean and Mexico. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Luxury firm Engel & Völkers Americas has launched a new monthly market sentiment index based on data provided by real estate professionals within…

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Two multibillion-dollar resorts — both with arenas that would be capable of hosting a National Basketball Association team — are in the works for Southern Nevada. They leave the public wondering: Are both of them financially viable projects? Which would be more capable of hosting the fourth of the four Las Vegas-based major-league sports teams? If it’s a race, who wins? And is there a dark-horse rival lurking? Those are questions likely to be pondered in the next few months as LVXP — with its proposal for a towering resort…

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At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Since its inception, the Golden I Club has set the gold standard for recognition in the luxury real estate market. This prestigious awards program celebrates exceptional achievement across the luxury sector, honoring those who not only meet but exceed the highest standards of achievement in the real estate industry. Now is your chance to nominate yourself or someone…

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LAS VEGAS (KTNV) — Becoming a homeowner in Southern Nevada remains a daunting challenge. A new report by Las Vegas Realtors shows the Las Vegas housing market prices continuing to increase with the average price for a single family home now at $469,000 and $290,000 for townhomes and condos. For many, buying a home in Las Vegas right now is out of reach. But for Zen Star who recently moves here from San Francisco, prices here make owning a home possible. “Overall the whole cost of living here is so…

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LAS VEGAS (KTNV) — Locals and transplants alike have seen the shifts in both home buying opportunities and prices across the the Las Vegas Valley. A new report is showing us the numbers behind the market, including one harking back to the 2008 crash. Since the post-pandemic housing boom took off, peaks and slumps have undercut an overall steady price increase for buying in the valley. With the release of the April 2024 market report from Las Vegas Realtors, we have a closer look at buying and selling conditions. Notably,…

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Condominium and townhouse prices in the Las Vegas Valley hit a record high in April, according to statistics from the Las Vegas Realtors, who pull numbers from the Multiple Listing Service. The median price of a condo or townhouse sold in the valley last month was $290,000, a 7.4 percent increase from April of last year. This broke the all-time high set back in August 2022, when the average property sold for $287,000. The number of condos and townhomes on the market is also up 10.7 percent from April of…

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Enterprise and the southwest valley are the talk of the town as the unincorporated township and submarket are experiencing booming population and commercial and residential growth. In fact, Enterprise is growing more than twice as fast as the Las Vegas Valley as a whole, according to population figures from Esri, a GIS mapping software company. The unincorporated township grew almost 60 percent (compared to 20 percent for the overall Las Vegas Valley) from 2010 to 2023 and now has 245,243 residents as of the end of 2023. Enterprise is estimated…

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