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Search results for: “monthly report”

  • How to Choose the Best Property Management Company in Las Vegas

    How to Choose the Best Property Management Company in Las Vegas

    LAS VEGAS, NV –  As a landlord or investor in the Las Vegas region, choosing the best property management company is one of your most critical decisions. The right property manager can preserve your investment, protect you legally, and maximize rental income. The wrong one can cause headaches, losses, and compliance pitfalls. In this guide, we’ll explore what property managers do, why local expertise in Las Vegas matters, how to compare firms, key questions to ask property manager candidates, red flags to watch for, and the benefits of outsourcing. We’ll also highlight how Shelter Realty approaches property management as a model…

  • UNLV Study Says to be a Homebuyer in Las Vegas Requires $119K Annual Salary

    UNLV Study Says to be a Homebuyer in Las Vegas Requires $119K Annual Salary

    LAS VEGAS, NV – Illustrating how rising prices in the United States are impacting the average family, a new study by the University of Nevada, Las Vegas’ Lied Center for Real Estate notes that homebuyers in Las Vegas need to be earning an annual salary of at least $119,000 in order to afford a home in the region’s current median price range, which is in the neighborhood of $400,000. We compare the cost of single-family housing with wage data across 627 occupations to assess Southern Nevada’s paycheck-to-mortgage gap,” the study’s summary states. “With a median monthly housing cost of $2,975, a household…

  • What You Should Know About Renting in Las Vegas in 2025

    What You Should Know About Renting in Las Vegas in 2025

    LAS VEGAS, NV – Renting in Las Vegas in 2025 offers both opportunities and challenges for tenants, young professionals, and newcomers to the city. Known for its vibrant lifestyle, favorable tax environment, and growing job market, Las Vegas continues to attract residents from across the country. However, as with any growing metropolitan area, the rental market is shaped by evolving trends in pricing, availability, and regulations. Understanding these dynamics is essential for anyone considering a move to the Vegas Valley or renewing their lease this year. This guide will help you navigate the rental landscape in Las Vegas by exploring…

  • Experts Tell Las Vegas Residents “Don’t Worry” About Rise in Housing Notices of Default

    Experts Tell Las Vegas Residents “Don’t Worry” About Rise in Housing Notices of Default

    LAS VEGAS, NV – Las Vegas Valley property owners have experienced a whopping 28 percent spike in notices of default (NODs) year-over-year, but experts are telling residents “don’t worry” when it comes to the overall residential real estate market, saying it is simply fallout from the economic woes much of the nation is experiencing right now and not anything exclusive to Southern Nevada. As per a new report released by the University of Nevada, Las Vegas’ (UNLV) Lied Center for Real Estate, the rise in NODs in Las Vegas is a sign that a greater number of low-income residents are encountering growing…

  • How Much Can I Rent My Home For in Las Vegas?

    How Much Can I Rent My Home For? What Could Your Las Vegas Home Rent For? The amount your home may rent for depends on its location, size, condition, amenities and the other properties competing for tenants at the time it is listed. Two homes with the same number of bedrooms can command very different rents depending on their neighborhood, floor plan, upgrades and overall presentation. Online estimates and regional rent reports can provide useful context, but the most reliable way to price a rental is to compare it with similar properties that have recently been leased and those currently…

  • Suddenly a Landlord?

    We’ll Take It From Here Accidental Landlord Situations Maybe your home didn’t sell. Maybe you relocated for work. Maybe you inherited a property. Whatever the reason, you’ve found yourself with a home you’re not living in – and now, you’re a landlord. But managing a rental property isn’t what you signed up for. That’s where we come in. At Shelter Realty Property Management, we specialize in helping accidental landlords throughout the Las Vegas area turn their unexpected situation into a hassle-free income stream. Whether you’re renting out your personal residence, a home you inherited, or a property you just can’t…

  • Condo, Townhome Prices in Las Vegas Increasing Due to Demand Fueled by High House Prices

    Condo, Townhome Prices in Las Vegas Increasing Due to Demand Fueled by High House Prices

    LAS VEGAS, NV – According to a new report released by Las Vegas Realtors (LVR), prices of condominiums and townhomes in the Las Vegas Valley are on the rise due to increasing demand fueled by high house prices in the region. Based on LVR data pulled from the Multiple Listing Service, the median price of a condo or townhome sold in Southern Nevada in May 2025 was $307,000, which represents a 1.4 percent increase from April 2025 and a 4.1 jump year-over-year. However, the number of condos and townhomes sold in the valley in May was 559, which is 2.8 percent higher…

  • Features and What to Look for When it Comes to Rent Collection Apps

    Features and What to Look for When it Comes to Rent Collection Apps

    LAS VEGAS, NV – With the advent of technological development, there are a plethora of ways to collect rent online, but experts agree the most reliable way to do so is by using an app specifically developed for such a purpose. The right type of app for this activity combines numerous aspects of the rent collection process in an efficient, streamlined manner that no only offers benefits landlords, but their tenants as well. The very best rent collection apps should combine a plethora of features in an easy-to-navigate package, including the following: Some popular rent collection apps heading into 2025 are…

  • Southern Nevada Rents Back to Pre-Pandemic Levels, Down 3.7% from 2022 Peak

    Southern Nevada Rents Back to Pre-Pandemic Levels, Down 3.7% from 2022 Peak

    LAS VEGAS, NV – Following housing costs in Southern Nevada reaching extremely high peaks after the lifting of lockdown measures following COVID-19’s wake in 2022, tenants are now finding rents in the region reverting back to pre-pandemic levels. In fact, according to a report released by the University of Nevada, Las Vegas’ (UNLV) Lied Center for Real Estate rents in Nevada are now essentially at the same level today that they would have been at if the COVID pandemic had not taken place at all. The data suggest that asking rents, today, are on par with what they would have been…

  • Rents in Las Vegas Dropping Amid Rise in Housing Supply, Redfin Study Shows

    Rents in Las Vegas Dropping Amid Rise in Housing Supply, Redfin Study Shows

    LAS VEGAS, NV – While still generally far more affordable than most other areas of the country, the cost of living in Las Vegas has come under scrutiny recently amid surges in both house prices and rent, but a new survey released by real estate company Redfin indicates that a recent increase in the number of housing units available on the market has led to a corresponding decrease in the amount of money that tenants are paying their landlords each month. While not all renters are experiencing a drop in what they pay, many reportedly are; when Las Vegas Valley resident Erin…

  • Las Vegas Apartment Rates Rising Steadily Once Again Due to Strong Demand

    Las Vegas Apartment Rates Rising Steadily Once Again Due to Strong Demand

    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 compared to last year, with the average rate having increased 1.7 percent by the end of April and 1.1 percent year-over-year. However, Las Vegas has bucked that trend, with rates having increased 2.4 percent by the end of April and 1.7 percent year-over-year. Furthermore, Colliers…

  • Las Vegas Currently Has the Highest Level of Home Foreclosures in the Nation

    Las Vegas Currently Has the Highest Level of Home Foreclosures in the Nation

    LAS VEGAS, NV – During the mid-2000s recession, numerous families lost their homes to the dreaded malady of foreclosure. And while the housing market has obviously improved significantly since those days, experts are noting that the number of foreclosures nationwide is starting on an upward trajectory once again, with Las Vegas being considered as currently having the highest number of them.  However, it’s not time to panic just yet, as the current level of foreclosures aren’t even close to approaching those seen during the recession; however, a new report from Attom Data does provide some sobering insight into the current state of…