Category Archives: Local News/Information

How tales of property ‘flippers’ led to a housing bubble

There is still no consensus on why the last housing boom and bust happened. That is troubling, because that violent housing cycle helped to produce the Great Recession and financial crisis of 2007-2009. We need to understand it all if we are going to be able to avoid ordeals like that in the future ...…
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Is Las Vegas building a new bubble? Analyst gives his take

Don’t worry, Las Vegas isn’t racing toward another economic cliff. So said analyst Jeremy Aguero this morning to business, community and government leaders at the Las Vegas Global Economic Alliance’s Perspective event, an annual assessment of ... Source: http://lasvegassun.com/news/2017/may/24/is-las-vegas-building-a-new-bubble-analyst-gives-h/
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Home prices keep rising amid ‘housing shortage’ in Southern Nevada

Local home prices continued to climb in April as Southern Nevada now has less than a two-month supply of homes available for sale, according to a report released Monday by the Greater Las Vegas Association of Realtors. ... Source: http://lasvegassun.com//vegasinc.com/business/real-estate/2017/may/08/home-prices-keep-rising-amid-housing-shortage-in-s/
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Rental prices in Las Vegas Valley rising in step with sales prices

The lack of available homes, which drives up sales prices in Southern Nevada, continues to have an effect on the local rental market as well. The average monthly rent for a family-sized home in the Las Vegas Valley climbed to $1,328 per month, a jump of ... Source: http://lasvegassun.com//vegasinc.com/business/real-estate/2017/may/04/rental-prices-in-las-vegas-valley-rising-in-step-w/
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What a stadium might mean to Russell Road neighborhood

Business owners near the intersection of Russell Road and Polaris Avenue are anticipating how the landscape will change when the Raiders construct a domed 65,000-seat stadium in time for the 2020 season ... Source: http://lasvegassun.com/news/2017/mar/30/what-a-stadium-might-mean-to-neighborhood/
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