The number of investors buying up new homes in the Las Vegas valley is rapidly decreasing. Real estate experts believe this is a good sign for first time home buyers.
The high-rise apartments located in downtown Las Vegas will soon be sold as individual condominiums. The real estate investment group anticipates making a substantial profit of these sales.
The Las Vegas City Council finally voted on a bill that will better regulated party houses in the city. Homeowners and tenants can expect to face consequences if they break the new law.
Henry Cheng had proposed a unique mansion housing community atop a Henderson mountain. Now that the housing market has regained momentum, the plan has resurfaced and is now under construction.
After an increase in homes prices in July, residents are seeing the prices dropping slightly. Even with this deceleration of home values, experts believe that prices will continue to rise.
The development of the nearly 500,000 square foot building is a positive sign for the housing market in Las Vegas. Investors and home buyers alike can feel confident in purchasing real estate now.