In The News: Lied Center for Real Estate
One day I was scrolling TikTok when I came across a video of Henderson real estate agent Sean Gotcher saying "gotcha" to some big companies.
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.
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.
Almost any way you slice it, Las Vegas’ housing market is white-hot.
In Nevada’s housing market, cash is king.
In Nevada’s housing market, cash is king.
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.
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.
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.
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.
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.