Las Vegas Gazes Inward And Sees New Frontier For Housing

New housing in Las Vegas has typically meant expanding into the wide-open spaces that surround the city.

Las Vegas Housing Market Hits New Highs

If would-be soothsayers and gamblers have learned anything in the pandemic era, it’s that predictions are a mug’s game. The housing market in Las Vegas is a case study.

Nevada leads nation in risk for mortgage fraud, says analyst

Americans with jobs and money are fleeing expensive urban markets in favor of affordability, more space, and warmer climates — a recipe that’s landed Las Vegas in the top five hottest markets for in-migration, says analyst Core Logic.

Rise of cash buyers across Nevada’s housing market leaves conventional homebuyers locked out

In Nevada’s housing market, cash is king.

Homebuilders are upbeat, despite supply chain troubles

Optimism has cooled off a bit since the fall when the economy started reopening and would-be buyers could come to kick the floorboards in model homes again.

Las Vegas Housing Market Stays Hot, Partly Thanks To Corporate Buyers

The Las Vegas residential real estate market remains as hot as the weather, with the median resale price of a single-family home nearing $400,000.

Against all odds, Las Vegas housing market defies experts

Las Vegas, dubbed the riskiest housing market in the nation less than a year ago by real estate analyst CoreLogic, is on track to price the working class out of the market by the end of the year, says Las Vegas Realtors president Aldo Martinez, and Wall Street is scrambling to scoop up the rentals would-be buyers will be forced to lease.

The Indy Explains: Nevada’s new short-term rental law, impact on companies such as Airbnb

Frustration over an ineffective ban on short-term rental properties in unincorporated Clark County and a patchwork of rules across municipalities prompted state lawmakers this spring to pass a bill aimed at standardizing rules and holding hosting platforms such as Airbnb or Vrbo liable for noncompliance with local regulations.

The Indy Explains: Nevada’s new short-term rental law and what it means for companies such as Airbnb

Frustration over an ineffective ban on short-term rental properties in unincorporated Clark County and a patchwork of rules across municipalities prompted state lawmakers this spring to pass a bill aimed at standardizing rules and holding hosting platforms such as Airbnb or Vrbo liable for noncompliance with local regulations.

Best Mortgage Lenders of June 2021

Choosing a mortgage and buying a home are both big decisions.

Cash further squeezes an already tight Southern Nevada housing market

More buyers, according to the latest statistics from the Las Vegas Realtors trade group, are closing deals with cash. In May, 31% of all existing homes sold in the Las Vegas area were purchased with cash, which is an increase of 15% from May 2020.

Behind the Surge in Lumber Prices

The National Association of Home Builders has said that lumber prices are triple what they were in April 2020, increasing average single-family home construction by nearly $36,000.

The SFR Versus Multifamily Smart Investment Smackdown

Single family rentals have come up as one of the rising stars of post-pandemic commercial real estate.

Homebuyers Squeezed As Western States See Prices Double Or More In Last Decade

The pandemic has made the housing market even tighter in the mountain West, where first-time buyers are trying to decide whether this is just the future or a bubble headed eventually for a bust.

Homebuyers Squeezed As Western States See Prices Double Or More In Last Decade

This time last year, amid the pandemic lockdown, Marissa Lovell's landlord offered to sell Lovell her current rental house in Boise, Idaho, for $256,000. Today, one year later, it's for sale for almost $400,000.

Homebuyers Squeezed As Western States See Prices Double Or More In Last Decade

This time last year, amid the pandemic lockdown, Marissa Lovell's landlord offered to sell Lovell her current rental house in Boise, Idaho, for $256,000. Today, one year later, it's for sale for almost $400,000.

Mortgage Rates Will Stay Low in May, According to the Experts. Here’s What That Means for You

Experts think mortgage rates will hover around 3% this month – extending the window for borrowers to lock in a low rate.

Appraisals Lag Home Prices, Crippling Buyers

Nevada's housing market is once again moving too fast for appraisals to keep pace with values and it's sidelining would-be buyers who require mortgages, according to Las Vegas Realtors president Aldo Martinez.