LAS VEGAS, NV – While housing in the United States may not be a buyer’s market, the overall burdensome economy – combined with sky-high home prices and mortgage interest rates still hovering at just over seven percent – have resulted in a growing number of sellers finding themselves forced into giving concessions to buyers in order to…
LAS VEGAS, NV – The developers of UnCommons – a huge, 40-acre mixed-used facility in southwestern Las Vegas – announced that construction efforts have officially been completed, although some of the remaining empty land on the property may be used for future projects. UnCommons – located at Durango Drive and the 215 Beltway in the southwest…
LAS VEGAS, NV – A swanky penthouse condominium situated within the clubhouse in Summerlin’s luxury guard-gated residential community The Summit Club has been listed on the market for a whopping $25 million, which – if it sells for that impressive price – would overshadow the previous record-holder of such a property by almost $9 million. The…
LAS VEGAS, NV – With the number of homes being snatched up by Wall Street-backed hedge funds for use as rentals creating a very real housing crisis in Southern Nevada, state lawmakers are attempting to pass legislation aimed at curbing the volume of properties these investors can purchase. Studies indicate that, by the end of 2023, approximately…
LAS VEGAS, NV – Recently, ground was broken on PuraVida Senior Living, a new senior housing community in North Las Vegas that is being brought to live via a joint venture between Foresight Housing Partners and nonprofit partner HopeLink of Southern Nevada. Situated next to Lake Mead West Apartments PuraVida Senior Living will be located upon…
LAS VEGAS, NV – In March 2025, prices of homes in Las Vegas remained at their all-time record high for the third straight month in a row, according to a new report released by Southern Nevada real estate industry group. Las Vegas Realtors (LVR), using data from the Multiple Listing Service, confirmed that the median sale…
LAS VEGAS, NV – Enforcement action and penalties against illegal short-terms rentals being operated within the Las Vegas Valley are being ramped up significantly going forward, according to an announcement by Clark County officials this week. At a council meeting on Tuesday, Code Enforcement Manager Jim Andersen confirmed to the Clark County Commission that efforts to…
LAS VEGAS, NV – Following months of delays and mounting frustration from homeowners missing out on income opportunities, Clark County officials have announced they are looking into ways to increase the speed of their short-term rental licensing process. Assembly Bill 363 was signed into law by the Nevada legislature in 2021, requiring municipalities to draw up…
LAS VEGAS, NV – In a move to address the housing crisis in Southern Nevada, the Las Vegas City Council will be reviewing potential zoning changes this week that, if approved, will convert the Desert Pines Golf Club into the largest affordable housing project in the history of the state of Nevada. In November 2024, a…
LAS VEGAS, NV – The impact of the tariffs instituted by upon Mexico, Canada, and China have already been experienced by the real estate industry in the Las Vegas Valley, causing difficulties for some developers who are now encountering elevated building costs. Nigro Construction – which has operated in Southern Nevada for four decades, focusing mainly on…
LAS VEGAS, NV – A large hedge fund based out of New York is the single-largest owner of homes in Clark County at nearly 3,200 units, according to the county’s property records. Pretium Partners, a hedge fund that manages over $55 billion in assets, is the owner of Progress Residential, a home rental property management company that…
LAS VEGAS, NV – The Otonomus Hotel – which will be opening their doors for business this upcoming June for both short-term reservations and long-term leases – will be offering guests a unique way to ensure a memorable stay each and every time they come: utilizing artificial intelligence (AI) to customize and enhance their experience to their…
