Local Realtors continue to gain confidence in the Southern Nevada housing market, with more than nine out of 10 expecting local home prices to keep going up in the next year.
A recent report by Xceligent in partnership with the Commercial Alliance Las Vegas (CALV) shows the commercial real estate market in Southern Nevada posting mostly positive results through the first half of 2017.
A report from the Nevada Association of Realtors found that foreclosures by local homeowner associations have reduced property values in the state’s two most populated counties by more than $1 billion.
The California legislature seems to have a habit of increasing the cost of doing business and raising costs on individuals living in the state. This has included everything from raising income taxes to raising the state’s minimum wage; most recently, the price of constructing a new home may be going up, potentially ushering in a higher cost for homebuyers.
Cushman and Wakefield Commerce, a commercial brokerage covering the Las Vegas area and other parts of the Intermountain West, has increased the portfolio it manages by more than 700,000 square feet.
SR Construction has completed work on the build-out of the third and fourth floors at Centennial Hills Hospital, the company reported this month.
Ft. Worth-Texas based D.R. Horton Inc. has expanded its footprint in Southern Nevada.
Some of the valley’s older neighborhoods in zip codes surrounding the northeast and portions of town just west of Interstate 15 kept ahead of the pace in appreciation compared to the area’s high-end, master-planned communities in 2016. Despite aggressive gains, mature neighborhoods had a lower median price overall, according to a report from Las Vegas-based real estate data firm SalesTraq.
President Donald Trump is just crossing his first month in office and has flicked his pen many times on several executive orders — one of those relating to financial regulations or the Dodd-Frank Wall Street Reform and Consumer Protection Act, which he called a “disaster” and vowed to do a “big number” on.