Category: Nevada
Interest rate waiting game: Should buyers purchase now or wait it out? – Inman
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. Homeownership has long been a cornerstone of the American Dream and — despite recent economic challenges — it remains a sought-after goal for most Americans. Concerns over current market conditions, such as high interest rates, rising home prices and limited inventory, have served as barriers, keeping sellers on the fence and leaving buyers hesitant to enter the market.…
Read MoreMoving to Las Vegas? Squared Realty Announces Real Estate Services in Nevada – AccessWire
LAS VEGAS, NV / ACCESSWIRE / June 28, 2024 / Squared Realty announces premium Real Estate Services in Nevada. Although moving anywhere can often prove challenging, confusing, and even frightening, these feelings can multiply manifold when planning a relocation to a famous city known to millions for its bright lights and big entertainment. That said, Las Vegas is a diverse city with various amenities, thriving communities, economic opportunities, and a great quality of life. When planning such a momentous move, Squared Realty is the real estate agency to contact, led…
Read More$11M Las Vegas Mansion With Drive-In Car Display Is the Week’s Most Popular Home – Realtor.com News
Some exquisite homes look like works of art, but other luxe dwellings act as backdrops for remarkable art on display. This week’s most popular home on Realtor.com® is an example of the latter. It’s a desert mansion built to showcase a car collection right from the drive-in living room. Yep, this six-bedroom estate in Las Vegas offers parking inside the house. Designed for an auto buff who believes rare cars are works of art, the residence is said to be owned by Julius Salerno, attorney and co-founder of a hair…
Read MoreStudy Exposes Top 100 Most Overpriced Housing Markets: Detroit, Atlanta, And Las Vegas Lead The List – Benzinga
Researchers Ken Johnson and Eli Beracha have developed a system to rank the top 100 most overpriced or underpriced metro areas in the U.S. using open-source data from Zillow and other providers to help people see the premium or discount they might be paying for their homes. Their data shows that homebuyers in the Detroit metro area are paying a hefty premium for their homes, with prices soaring 40.79% above what they should be. At the end of May, the average home price in Detroit reached $254,325, but based on…
Read MoreHenderson Housing Market Trends and Forecast 2024 – Norada Real Estate Investments
The housing market in Henderson, NV, has been garnering substantial attention in 2024. If you’re looking to buy, sell, or invest, it’s essential to understand the current trends, future predictions, and where Henderson stands in comparison to other popular areas like Summerlin. How is the Henderson NV Housing Market Doing in 2024? Current Trends in Home Prices As of June 2024, home prices in Henderson have witnessed a marked increase. Redfin reports that the median home price is $495,000, up by 7.6% compared to the previous year. Similarly, Zillow mentions an average home value of $484,265,…
Read MoreLas Vegas house with drive-in doorway for exotic cars goes on market – Las Vegas Review-Journal
If you ever wanted to enjoy your expensive cars at home and not park them in a dark garage, now is your chance. A 11,361-square-foot, six-bedroom house in the Arrowhead in the Ridges community next to the Summit Club in Summerlin has a unique feature to it: a 13-foot doorway that allows the owner to drive their cars into the living room. Listing agent Michele Sullivan with Douglas Elliman Real Estate said the owner is a car lover and had the door especially installed, and is looking for a buyer…
Read MoreWelcome to Las Vegas’ housing crisis in 2024 – Las Vegas Review-Journal
There is no way around it, the Las Vegas Valley has a big problem, said the leader of the Nevada Housing Coalition. “Straight answer is we have a housing crisis in every sense of the imagination,” said Maurice Page, executive director for the coalition. Nevada is short more than 78,000 affordable rental units for extremely low income renters, according to estimates from the National Low Income Housing Coalition. Plus, the valley is landlocked with 88 percent of Clark County alone controlled by the federal government. Steve Aichroth, adminstrator for the…
Read MoreLas Vegas’ housing crisis a serious problem, analysts, government agree | Housing | Business – Las Vegas Review-Journal
There is no way around it, the Las Vegas Valley has a big problem, said the leader of the Nevada Housing Coalition. “Straight answer is we have a housing crisis in every sense of the imagination,” said Maurice Page, executive director for the coalition. Nevada is short more than 78,000 affordable rental units for extremely low income renters, according to estimates from the National Low Income Housing Coalition. Plus, the valley is landlocked with 88 percent of Clark County alone controlled by the federal government. Steve Aichroth, adminstrator for the…
Read MoreThe Most Splendid Housing Bubbles in America, June 2024 Update. San Francisco, Seattle, Phoenix, Portland, Denver … – WOLF STREET
New Highs: Boston, New York, Miami, Los Angeles, San Diego, Washington DC, Chicago… Rate-Cut Mania subsides, price growth begins to slow. By Wolf Richter for WOLF STREET. Rate-Cut Mania, which started in November and peaked in February, left its imprint on the housing market. The S&P CoreLogic Case-Shiller Home Price Index, released today and dubbed “April,” is a three-month moving average of home prices whose sales were entered into public records in February, March, and April. So that’s still in the Rate-Cut Mania time-frame. Since then, Rate-Cut Mania has largely subsided, and home sales have…
Read More10 Pros and Cons of Living in Nevada – Redfin Blog
The Sagebrush State, also known as Nevada, is an experience to remember. Nevada has world-renowned entertainment, diverse landscapes, and a vibrant nightlife scene. From the bright lights and high energy of Las Vegas to the natural beauty of the state’s many national parks, Nevada offers a unique blend of excitement and relaxation. But is Nevada a good place to live? Although living in this state has significant advantages, you’ll want to consider its drawbacks. So whether you’re searching for homes for sale in Carson City, an apartment in Reno, or…
Read MoreLVR reports rising home prices, more homes for sale – Las Vegas Business Press
A recent Las Vegas Realtors report shows local home prices continuing to heat up with more homes available for sale. LVR reported the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during May was $473,000. That’s up 7 percent from $442,120 in May 2023. But local home prices are still below the all-time record of $482,000 set in May 2022. The median price of local condos and town homes sold in May was $295,000, up 7.3 percent from $275,000 in May 2023. That’s…
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