LAS VEGAS, NV – According to the Southern Nevada Home Builders Association (SNHBA), the Las Vegas Valley – in the span of as little as eight years – could potentially run out of land upon which to develop housing, a serious situation that the organization said needs to be addressed sooner than later to avoid issues in…
LAS VEGAS, NV – The Clark County Board of Commissioners have officially approved the first stage of plans for an ambitious project: the Las Vegas Spaceport, which its developer says will build a strong space-based economy in Southern Nevada and will one day become a busy hub for both commercial and private space tourism. Last week,…
LAS VEGAS, NV – They’re not quite there yet, but according to a new report released by Las Vegas Realtors (LVR), the prices of homes in the Las Vegas Valley this past May continued to inch up to their all-time high point, illustrating the fact that demand is still exceeding supply in Southern Nevada. LVR’s report, which…
LAS VEGAS, NV – Amid plans amongst major Hollywood studios to begin setting up operations in Las Vegas – along with the steadily growing presence of more and more professional sports teams within the city – Landon Miller, owner of developer Landon Miller Homes, announced this week that his company would be addressing the increasing…
LAS VEGAS, NV – According to a new report released by investment management company Colliers, the southwest valley is home to Las Vegas residents earning the highest median household income within the region. As per its apartment market report for the first quarter of 2024, Colliers notes that the southwest valley’s median income was $86,682, with that…
LAS VEGAS, NV – The official groundbreaking was held this Thursday for the $112 million Flats Arts District project, an upcoming multifamily complex that is being erected in the Las Vegas Arts District via a joint venture between CEDARst Cos. and Bridge Investment Group. The project is being constructed at 123 West Imperial Avenue – located one…
LAS VEGAS, NV – New data from Redfin indicates that apartment rental rates in Las Vegas are increasing faster than the national average, a development driven both by strong demand and an overall limited amount of inventory, among other factors. Many other cities in the Southeast and Southwest United States have seen rental rates dropping when…
LAS VEGAS, NV – Real estate investors have been ramping up their activity nationwide once again, and one of the areas that has seen the largest increase in single-family home purchases on the part of corporate entities as of late is the Las Vegas Valley. According to a new report by Redfin, the number of homes…
LAS VEGAS, NV – In anticipation of increased tourism during the upcoming Memorial Day weekend, Clark County officials have begun to ramp up their enforcement of short-term rentals operating within their borders that are doing so without a license. Clark County will have their STR enforcement team out combing the streets in response to community complaints; as of…
LAS VEGAS, NV – According to Clark County property records, Lennar Corporation, one of the largest home construction companies in the United States, has bought 37 acres of land in Henderson for $45 million from California-based Trilogy Land Holdings LLC. It is expected that Lenar will develop the vacant land – the sale of which closed on…
LAS VEGAS, NV – Las Vegas’ downtown is sorely in need of new housing options for its inhabitants, and as a means to address that issue, construction is currently underway on a large, new mixed-use project in the 18b Arts District that looks to combine apartment units and retail, spread out amongst several buildings. The project –…
LAS VEGAS, NV – On Tuesday, the end of an era was marked as the Tropicana Las Vegas – one of the oldest remaining vanguards of the iconic Sin City hotel-casinos of the Rat Pack era – closed its doors for business two days prior to its 67th anniversary, with the structure slated to be imploded later this…
