Category Archive : Real Estate

LAS VEGAS, NV – Following a period of time that saw record-breaking, breakneck sales become the norm for the region, things cooled considerably for Las Vegas’ residential real estate market in 2025, with a significant drop in properties changing hands when compared to 2024.

According to trade association Las Vegas Realtors (LVR) – as per data pulled from the Multiple Listing Service – in 2025, about 28,498 existing single-family homes changed hands in Las Vegas, which represents an approximate 9 percent decrease year-over-year; in contrast, in 2024 the number of homes that were sold came in at 31,305.

2025’s home sales number was the lowest since 2007, which was right before the Great Recession hit the United States.

Meanwhile, LVR reports that home prices in Vegas for the final month of 2025 decreased as well, with December seeing a 3.9 percent drop to $470,000 from November’s all-time record high of $488,995. There were 6,396 single-family homes listed for sale without any sort of offer at the end of December, as per LVR, which represents a 28.8 percent increase year-over-year.

However, despite the dip in sales volume overall, LVR President George Kypreos said that all the signs are pointing to the housing market in Southern Nevada making a big comeback as the days and months go by, with the region often experiencing a declining series of “peaks and valleys” in terms of sales since 2021, indicating that stability is returning.

Although it was a relatively slow year for home sales, we’re seeing some encouraging signs heading into the new year,” Kypreos said. “Buyer activity locally and nationally is starting to improve. Home prices have been fairly stable, and mortgage interest rates ended the year lower than they were the previous year. Most trends are pointing to a more balanced housing market in 2026.”

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – Luxury real estate has always been a hot market in Southern Nevada, with 2025 being one of the region’s biggest years ever. But with that being said, 2026 is already gearing up to possibly exceed last year in that regard, and if you’ve got exceedingly deep pockets and are looking for a new and opulent residence in Las Vegas, we’ve assembled a list of the five with the highest asking prices currently on the market.

According to trade association Las Vegas Realtors, the five most expensive luxury homes for sale in Las Vegas, from highest to lowest, are as follows:

$30 million: 11588 Stardust Drive

Currently the priciest property on the Las Vegas market, this estate is located in the affluent and guard-gated The Summit Club community and offers 11,126-square-feet of living space with six bedrooms, eight bathrooms, and a four-car garage on a 1.35-acre lot with views of both nearby mountain ranges and the Las Vegas Strip.

$28 million: 2928 Coast Line Court

Coming in second is this 12,720-square-foot home in The Lakes, which was extensively remodeled by its current owner Zoltan Bathory, the founder and guitarist of heavy metal band Five Finger Death Punch. Sitting upon over half an acre of land, the residence has five bedrooms, eight bathrooms, a four-car garage, a saltwater pool and a boat dock on Lake Sahara.

$27 million: 10911 Discovery Peak Court

Also located in The Summit Club, this high-end dwelling comes in at 11,974 square feet, with a primary suite, six bedrooms, nine baths, and a plethora of lush amenities, including a media room, a game room and a detached four-car garage; it also offers views of a nearby championship golf course whose luxury clubhouse can be accessed by residents.

$25.75 million: 4918 Summit Overlook Drive (Off Market)

Located in The Summit enclave of Summerlin, this 7,327 square-foot home is on a 0.52-acre lot and boasts four bedrooms, five baths, and a New York-style lounge with views of the Strip. Amenities run the gamut from a gourmet kitchen with breakfast bar, a waterfall island and a butler’s pantry to a large pool, multiple lounging and grass areas, and an outdoor kitchen.

$25 million: 1469 MacDonald Ranch Drive

And finally, rounding out the top five is this estate, currently still being built with an anticipated finish date later this year. Sitting upon over an acre of land, this 12,795 square-foot abode has seven bedrooms and 10 baths, and provides “resort-style” living with an elevator, two powder rooms, a double-island kitchen, two wet bars and multiple fireplaces. Extras include a pool and spa, outdoor fireplaces, a putting green, an outdoor kitchen with a barbecue, and much more.

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – Chicago-based developer CEDARst Cos. has officially broken ground on a new $82 million multifamily community located in the Las Vegas Medical District, the first residential facility of its kind to be built in that area of the city.

Upon completion, The Presley will take the form of a 275,000-square-foot, 236-unit, seven-story apartment complex, with development fueled in-part via a $56 million North River Partners construction loan. The architect on the project is Booth Hansen and the general contractor is OS Construction.

Located on a on 1.12-acre plot of land at the intersection of Alta and South Tonopah drives, The Presley will be comprised of both studios and one-and two-bedroom apartments, with a percentage of the complex’s overall units – the current number is not currently known – to be designated for affordable housing.

There will be a number of amenities made available for tenants, including a fitness center, a coworking lounge, a golf simulator and a rooftop pool deck overlooking the surrounding cityscape.

The Presley will be the first apartment complex built in the Las Vegas Medical District, addressing a very real and growing need for housing options in that section of the city.

According to a statement released by CEDARst Cos. CEO & Managing Partner Will Murphy, The Presley represents the start of the overall evolution of the Medical District, which has seen large recent investments in clinical, academic and research facilities, making it one of the fastest-growing local economies in the Las Vegas Valley.

The Presley will be CEDARst’s second property in Las Vegas, with the firm also actively developing another residential facility in the form of The Myles, which is a 311-unit complex in the Las Vegas Arts District due to open in spring of 2026.

Development of The Presley is also slated to be completed by spring of 2026.

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – As per a new report released by online real estate brokerage Realtor.com, sales of homes in the Las Vegas Valley are expected to decrease in the coming new year, continuing a trend that has persisted throughout much of 2025.

Realtor.com’s report predicts that the sales of single-family homes in Southern Nevada in 2026 could drop by as much as 2.5 percent year-over-year, and that asking prices of these homes will essentially remain flat in the region throughout the year at just 0.6 percent.

In contrast, prices of homes are anticipated to increase 2.2 percent nationally in 2026, with sales expected to jump 1.7 percent; this means that Las Vegas will likely be below the national average in these metrics if the data in Realtor.com’s report holds up.

While forecasts suggest the U.S. housing market will strengthen in the coming year, Realtor.com senior economic research analyst Hannah Jones notes that Las Vegas is poised to fall behind other markets because of a combination of contributing factors.

Out of the top 100 metros regarding home sale price growth for next year that puts Las Vegas in the low side of the middle,” she said. “So, Las Vegas should see fewer sales, on the lower side of the national average and a lot of that is driven by that price side where we expect home prices to remain relatively stable (in Las Vegas) which means that affordability will continue to be a challenge and who is able to afford to buy.”

Low housing costs over the years have led to a population explosion in the Las Vegas Valley, but recently those costs have increased amid ever-rising asking prices and pricey interest rates on home mortgages. Due to this, many families looking to buy homes in Southern Nevada are finding it harder and harder to do so, and as a result, overall sales in the region are dropping significantly.

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – A new report indicates that prices of luxury homes in Southern Nevada – defined as residences worth $1 million and up – are increasing at a higher rate than in the majority of other major metropolitan areas in the United States.

According to Redfin, over the course of the last ten years – from 2015 to September of this year – the median price of a luxury home in the Las Vegas Valley has increased by 161 percent, with that amount currently at $1.57 million; that also represents am 8.5 percent jump year-over-year.

This places the valley fourth in the country in terms of luxury home price appreciation over the past decade. Nationally, the cost of luxury homes has gone up by 82.5 percent since 2015, with the current median price being $1.27 million.

IS Luxury real estate brokerage founder Ivan Sher notes that one of the main driving forces behind the rapid growth on the value of high-end Las Vegas luxury properties is out-of-state transplants who are drawn to Southern Nevada to get more bang for their buck.

The Las Vegas market has been growing consistently, driven in large part by the migration of wealthy and ultra-wealthy individuals from states like Washington and California,” he said. “As those states impose higher wealth and inheritance taxes, many are relocating to Nevada, Arizona, and Tennessee. While tax savings are a primary motivator, these moves are also fueled by a desire for a more balanced, moderate economic climate. I expect this trend to not only continue but to increase as these states continually reinvent new ways to burden the wealthy.”

The Sun Belt – the region stretching across the South and Southwest – has seen the largest increase overall in terms of the increase of luxury home price increases, as per the Redfin report.

Several Sun Belt metros not only became more expensive-they moved dramatically higher in the national luxury price rankings among major metros,” it said. “Las Vegas and Phoenix both climbed 15 spots, the biggest leaps in the country, and Nashville, Orlando and Charlotte were close behind.”

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – As per a new report from personal finance website Bankrate, the majority of homes available on the market in Las Vegas are currently out-of-reach financially to the average buyer amid both soaring prices and high interest rates on mortgages.

Bankrate’s report notes that out of all the homes that are presently available on the real estate market in Southern Nevada, only 14 percent of them fall into the “affordable” category for the typical family. In contrast, the average number of homes that are considered affordable nationally is approximately 25 percent.

Low housing costs over the years have led to a population explosion in the Las Vegas Valley, but recently those costs have increased amid ever-rising asking prices and pricey borrowing rates. Due to this, many families looking to buy homes in Southern Nevada are finding it harder and harder to do so, and as a result, overall sales in the region are dropping significantly.

As per Bankrate, the average household in the Valley needs to be making $33,600 over and above their current annual income to be able to afford the price of a median-priced home. The median sale price of a single-family home in Las Vegas in November reached an all-time record high of $488,995, which represents a two percent increase year-over-year.

”With wages struggling to keep up, housing affordability has reached historically low levels in recent years,” Bankrate’s report said, noting that Southern Nevada is in worse shape in that regard than many other metros, with the ability to buy a home there “significantly harder today” than it was prior to the COVID-19 pandemic.

But with that being said, buying a home nearly anywhere in the country, at present, “is no longer as realistic as it used to be,” the Bankrate said, although buyers moving to Vegas from more costly cities – such as Los Angeles, California – would find the real estate market far more affordable in comparison, according to the report.

Shelter Realty Property Management specializes in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – $781 Million has been secured by the developer Concord Summit Capital (CSC) in order to continue to finance the ongoing construction of the upcoming The Four Seasons Private Residences Las Vegas, which is made up of $526 million from J.P. Morgan and $255 million from Sculptor Real Estate and Morning Calm Management.

Two Roads Development, Azure Resorts & Hotels and Luxus Developments – the leads on the project – are officially listed as the borrowing parties in the loan’s documentation.

With work already progressing on the project, Four Seasons Private Residences Las Vegas – when it is completed – will take the form of 171 ultra-luxury condos spread out amongst two high-rise towers located within Henderson’s guard-gated MacDonald Highlands community.

Developers have already chiseled out the side of a mountain within MacDonald Highlands, upon which the Four Seasons’ towers will be built; roads are also now in-place, as are utilities. But despite being early in its construction phase, the project has already garnered over $700 million in sales so far – condo prices start at $5 million – with 75 percent of the residences already having been sold.

Once the foundation is finally poured – which is scheduled to take place this month – developers will then proceed to begin vertical construction of the towers themselves. The afore-mentioned ultra-luxury condos are being designed by the noted architectural team of Wimberly Allison Tong & Goo, and Four Seasons is collaborating with luxury lifestyle brand and retailer RH Contract for furnishing options, which has proven to be a major selling point for their condos.

We are thrilled to introduce these custom RH package offerings exclusively to our future residents,” says Jim Reilly, president of Azure Resorts & Hotels. “This collaboration reflects our shared commitment to quality, craftmanship and effortless living.”

Condo sizes will range from 8,349 square feet of interior space to 3,555 square feet of private terraces, all offering views of the Las Vegas Strip and the McCullough Mountain range.

In addition, a variety of high-end amenities will be available to residents, including semi-private elevators, private garages, high-end designer finishes and fixtures by Wimberly Interiors, private chef services, in-residence wine cellars, a private screening room, over 6,000 square feet of state-of-the-art wellness facilities, multi-level resort-style pools, and a library located in the foyer of each building. There will also be a dedicated Director of Residences and a 24-hour Four Seasons concierge team, offering personalized, a la carte services on demand.

The construction of Four Seasons Private Residences Las Vegas is slated to be completed in 2027, at which time residents can begin moving in.

Shelter Realty Property Management specializes in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – Home prices in Las Vegas this year continue to set records, with November seeing them hit yet another all-time record high yet again. In Southern Nevada, the median sale price for an existing single-family home reached $488,995 last month, besting the previous record of $485,000 that was reached several times earlier in 2025, according to data pulled from the Multiple Listing Service by industry group Las Vegas Realtors.

However, despite – or perhaps because of – rising sale prices, the number of homes on the market without any offers in the Las Vegas Valley also jumped in November to 7,033, which represents a 26.3 percent increase year-over-year. Meanwhile, the number of condominiums and townhomes for sale without offers last month jumped a whopping 40.8 percent from the same period of time last year.

Las Vegas Realtors notes that the combined total of single-family homes, condos and townhomes that sold last month numbered at 1,918, which is a drop of 6.6 percent year-over-year for homes and 20.2 percent for condos and townhomes.

Las Vegas Realtors President George Kypreos said that while the prices of homes have remained at consistently high levels in the region due to a lack of developable land – and sales remain low due to high prices and borrowing costs – he nonetheless sees signs that the market in Southern Nevada is in a gradual state of change that is starting to favor buyers over sellers.

Even with this new record for our median home price, overall trends have been shifting more in favor of homebuyers,” he said. “We’re selling fewer homes. We have more homes available for sale. And we saw a nice dip in mortgage interest rates last week. All of this benefits people who are prepared and can afford to buy.”

Shelter Realty Property Management specializes in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – A proposed housing project located in a rural part of the southwestern Las Vegas Valley that has sparked controversy among its neighboring communities has received final approval from the Clark County Board of Commissioners to begin construction.

Final plans by Richmond American Homes to build a 99-lot subdivision on 19 acres south of Blue Diamond Road at Tenaya Way were approved by the Planning Commission on Wednesday. This development was much to the chagrin of multiple people in neighboring areas who are worried that the project will bring an influx of traffic into their quiet communities, many of which consist of homes on large plots of land and whose owners raise animals such as horses and chickens.

Notable among the concerned and vocal critics of the Richmond American Homes project is the magician Teller – one-half of the famous comedy magic duo and longtime Vegas headliners Penn & Teller – who has called the area home for nearly three decades.

The area where part of Richmond American’s project is to be built is a designated Rural Neighborhood Preservation zone, which prohibits suburban-style housing with multiple homes in tight vicinity of each other on small parcels of land. The five-acre section of the project that is situated within that zone means that the company will be mandated to build homes on half-acre lots instead. But the remaining 14 acres, which are outside the zone, will consist of 90 houses built in a more traditional, tightly-knit suburban style.

In an attempt to appease the engaged locals, Richmond American will be implementing a Department of Transportation-approved median cut on Blue Diamond at Tenaya that would enable drivers to bypass the surrounding residential area in order to access the developer’s new housing project once it is complete.

However, it remains to be seen if this will be enough for the neighboring communities, who have been especially vocal at Clark County Board meetings in their disapproval of the project.

Richmond American has not yet announced a start date for development of the housing project.

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – A huge, brand-new estate located in an exclusive, private community in the Las Vegas Valley has just hit the market with an impressive price tag of nearly $13 million.

Situated within Henderson’s guard-gated, mountainside community of Ascaya, the sprawling 9,788 square-foot residence in question at 19 Boulderback Drive was listed in November for $12.9 million and features five bedrooms and nine bathrooms.

Work on the newly-built estate was carried out by a partnership between Skyline Development and West Point Development; Skyline president and CEO, Sam Khalil, noted that an extensive amount of planning was put into the project in order to make living there akin to residing in not merely a home, but “a luxury resort in the sky.”

This is the project I am most proud of,” Khalil said. “What makes this home so special is the amount of thought and process that went into it.”

Listing agent Kristen Routh-Silberman of Douglas Elliman of Nevada echoed Khalil’s sentiments by praising the estate’s uniqueness, saying “I don’t think you could do that house again.”

19 Boulderback Drive, Henderson – $12,900,000.00

From start to finish, the designing phase of the residence took more than a year and the actual construction nearly three, according to Khalil, who said that he specifically designed it to take advantage of the majestic views afforded by the neighboring Las Vegas Strip and Red Rock Canyon by choosing “every line, every material, every lighting angle” to ensure maximum visual impact.

The home boasts many high-end amenities, including a Wolf kitchen, full butler prep kitchen, four indoor fireplaces, two wet bars, home automation, pocket doors multiple kinds of tubs, a 1,200-square-foot pool, two outdoor fireplaces, and a sunken swim-up outdoor barbecue.

Despite the home being designed as an ultra-luxury estate with “European flair” and “subtle sophistication,” Khalil was quick to point out that doesn’t come at the cost of it not being homey and comfortable at the same time.

It’s not so luxurious in a way where you don’t enjoy living in it,” he said. “It’s really built for living, entertaining and relaxing.”

Click here to view full listing details for 19 Boulderback Drive, Henderson

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – According to the S&P Cotality Case-Shiller index released earlier this week, home prices in Las Vegas dropped year-over-year in September, despite a national trend where prices have been continuing to creep upwards amid an overall sluggish real estate market.

Home prices in Southern Nevada decreased by 0.69 percent in September when compared to the same period of time one year prior, in contrast to the 1.29 percent increase much of the rest of the country reported during that same span of time, as per the S&P report.

National real estate dealings overall experienced their weakest performance since mid-2023, with markets that were previously considered “pandemic darlings” due to their high prices and demand during COVID-19 – such as Las Vegas, among others – now seeing their asking prices decreasing, in contrast to major metropolitan areas in the Northeast and Midwest, which have traditionally remained stable over the years.

Ultimately, the S&P report speculates that these developments represent a “reversion to pre-pandemic patterns where job markets and urban fundamentals drive appreciation rather than migration trends and remote-work dynamics.”

Las Vegas was one of many areas in the country that saw an explosion of home-buying activity during the pandemic, driven in large part by cheap borrowing costs; at its peak, buyers were snapping up homes left and right, regularly bidding far over asking prices and at times even doing so without ever having actually set eyes on the property itself. As a result of the intense demand, home prices in March 2022 jumped an astonishing 28 percent year-over-year.

However, as mortgage rates began to rise, the market began to cool, and by March 2023 Vegas home prices were down five percent from the year before.

Prices have still remained relatively high overall in Las Vegas, but are they expected to continue to decrease as buyers and sellers “are paralyzed by high prices and economic uncertainty,” according to the S&P report; as a result, buyers are no longer willing to pay top-dollar for homes in the region – the median price in Vegas last month was $474,370 – “because they simply can’t afford it.”

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com

LAS VEGAS, NV – While solar panels are often seen as a desirable feature among environmentally conscious home buyers, a new survey suggests that in Las Vegas’ luxury market they may actually work against a sale, with some buyers viewing them as a hindrance rather than a benefit.

A new survey conducted by Re/Max says that solar panels rank at the bottom of the list of preferred amenities for Las Vegas luxury listings, with wellness features such as spas, saunas and pickleball courts considered far more desirable. In fact, Vegas-based Re/Max agent Robert Little notes that, in certain circumstances, solar panels can actually be a detriment to a luxury listing these days.

I’ve had a multimillion-dollar listing with solar panels, and honestly, it can be a hindrance,” he said. “Unless the solar is paid off, buyers don’t care, even if it lowers energy bills. But when it comes to primary bathrooms and wellness features, absolutely, they’re a priority.”

As far as the pricier listings in Vegas go, Little said that if a buyer is interested in solar panels, they can easily add them in themselves later, but very few place priority on listings that already feature them…and some might even be turned off by them altogether.

Some even see leased solar systems as a drawback because they prefer to own everything outright and avoid extra payments or agreements,” Little said. “And since most newer luxury homes are already built with modern materials and systems, they tend to be more energy efficient than older homes anyway.”

According to a recent Solar Energy Industries Association Solar Market Insight report, over 144,000 homes in the state of Nevada currently possess solar panels. But despite their reputation for lowering energy bills, they are still not without cost, and that cost may drive off potential home buyers, according to Henderson-based The Roland Team founder Mike Roland.

It adds an extra cost that many buyers aren’t interested in, and if there’s a lease or monthly payment, that has to be transferred,” he said. “The buyer also has to qualify for that payment on top of their new mortgage. In some cases, it can even be the deciding factor in whether they qualify for the home. On top of that, solar is pretty much the wild west out here. Companies come and go, and getting transfer paperwork done or even getting someone to answer the phone at times can be a nightmare.”

Shelter Realty Property Management specializes in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Christopher Boyle

Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management

www.shelterrealty.com