The Business section tells about the economy and business development and health in Las Vegas – with a focus on neighborhoods and real estate content. It will feature articles about local merchants, stores, services and opportunities for people in Las Vegas.
By Hal DeKeyser I hear it all the time from open house visitors and other buyers and sellers of Las Vegas real estate: “What are the Raiders coming to Vegas going to do to our home values?” If you live in suburbia, which is most of Las Vegas, it will mean nothing – at least…
I’m part of a Facebook group helping new bloggers set up their sites and get started telling stories in their passion subjects. It seems they spend considerable energy (and angst) on logos and icons. Some pop and show readers immediately what the topic is. Others are overly complicated, hard to read, and don’t do the…
The Las Vegas economy rebounded strongly from recession – low unemployment, rising home values, strong & diverse business development Hyperloop-type industry moving to Vegas Entertainment industry is more diverse All traditional metro businesses and service are here By Hal DeKeyser Las Vegas, aka, Sin City, certainly has a tourism-based economy. According to Forbes, casinos account…
2nd most available land in downtown business core Changing nature and identity of Las Vegas, including sports Proximity to expensive and over-regulated California Las Vegas’ economic growth potential is beginning to be appreciated as more than just the Strip but also more a more diversified economy and culture By Hal DeKeyser What U.S. metro has…
After a hellish recession-era bust, housing value gains, particularly for cheaper homes, is 100% plus for past 5 years Vegas tops San Francisco, Seattle in housing value gains Starter homes gain the most 2018 expected to see more of the same, maybe not as dramatic By Hal DeKeyser We’ve hard all the wild stories about…
That’s even with less inventory of homes for sale Median price jumps 26.5 percent Third-best year for sales in Vegas Real estate market shows more stability Housing prices in Las Vegas jumped 14 percent from the end of 2016 to 2017, despite fewer houses going up for sale, according to the local Realtors group. That…
Vegas in top 5 nationally for a vacation rental investment There’s work and risk involved It’s not allowed in many valley areas Las Vegas has always been known as a party city and a second-home mecca for visitors. Now it’s turning into an even better vacation rental investment town. And that’s not only true for…
You can still do a short sale in Las Vegas The lender must be convinced it’s the best path Documentation is essential (Originally posted May 2017) Despite rising real estate appreciation and an improving economy, many Las Vegas homeowners remain in financial hardship and under water in their houses and might consider a short sale.…
New homes will top housing market in coming year Prices will rise That helps mortgage risk New construction homes will top housing market in coming year as prices rise, which will help lighten the mortgage risk.homes will be the segment driving real estate sales next year, according to Freddie Mac. Its September report also predicts…
A Las Vegas economy that keeps improving and adding jobs is driving up demand for housing in Southern Nevada, pushing home values up. Unemployment declines in Las Vegas metro area The August 2017 report from SalesTraq says that median single family houses here are now about $260,000, which is 10.6 percent above last August. There…