After a sluggish year for local homes sales in 2023, a recent Las Vegas Realtors report shows sales bouncing back to start 2024.
Volunteers from the Commercial Alliance Las Vegas (CALV) and its partners will team up on April 27 to renovate and beautify the drop-in center for the Nevada Partnership for Homeless Youth at 4981 Shirley St.
Martis Camp is a year-round Lake Tahoe retreat in Truckee, California, about an eight-hour drive from Las Vegas. The 2,177-acre private luxury ski and golf community offers only one membership per property in the world-class mountain community. However, a move-in-ready luxury mountain home, 8186 Valhalla Drive (Home 182), is on the market at $13,495,000 with two homeowner/property memberships to Martis Camp. This is the opportunity for two co-owners to purchase a first or second home, enjoy the current ski season, and get ready for the summer months.
What a difference a year makes for the new-home market in Las Vegas as 2024 has gotten off to a strong start for builders as lower mortgage rates brought more buyers off the sidelines.
While Nevada’s economy is in good shape, the second half of 2023 saw demand for commercial and industrial real estate soften in the Las Vegas Valley despite strong employment growth, but demand could pick up in 2024, especially on the retail front that recorded one of its lowest vacancy rates since before the Great Recession, according to a report from commercial real estate brokerage Colliers International — Las Vegas.
The PENTA Building Group wrapped up an annual, multicity safety tour, hosting three major events that brought together thousands of construction professionals.
Demand for new luxury homes in the Las Vegas Valley remains strong and builders and developers expect a great 2024 coming off a Super Bowl that saw members of the Kansas City Chiefs rent out multi-million-dollar homes with displays on social media.
Lennar maintained its top position of the annual builder rankings for 2023 as the Las Vegas market recorded a 22.5 percent increase in net sales year-over-year.
The Las Vegas luxury home market got off to a strong start in 2023 by securing the second highest number of sales in history to begin the year, culminating in a $19 million sale at the Summit Club in Summerlin to close January.