Real Estate

6 Essential Estate Planning Strategies for Wealth Preservation

Estate planning is crucial for wealth preservation, involving strategies to protect and transfer assets, minimize taxes, and ensure wishes are honored. Key components include creating a will to prevent disputes, obtaining life insurance for financial security, and setting up trust accounts for tax benefits. Family Limited Partnerships (FLPs) can aid in asset transfer while maintaining control....

Las Vegas Valley needs more apartments, association says

Nevada faces a supply-demand imbalance in rental housing, driving up living costs, especially in Las Vegas Valley. Rent increased 4.6% recently, with occupancy slightly above the national average. Challenges include high interest rates, material costs, labor shortages, and bureaucratic delays. Population growth demands more housing, urging policy reforms to ease construction and increase land...

How Las Vegas Valley luxury home market is defying the odds

The Las Vegas Valley luxury home market has seen a 107% increase in average prices from 2019 to 2024, rising from $6.94 million to $14.4 million. Unlike many markets that peaked in 2021-2022, Las Vegas shows steady growth fueled by strong population growth, no state income tax, a thriving tourism scene, limited housing supply, and a strong job market. The luxury market remains a seller’s market with...

Las Vegas Housing Market Sees Price Dip and Surge in Listings, Aiming for Balance

Las Vegas housing market shows signs of stabilization with a slight decline in median single-family home prices to $480,000 and condo prices averaging $302,000. Inventory has surged, with single-family home listings up 78% and condos up 91% year-over-year, easing buyer competition. The market now offers over three months of housing supply, indicating a more balanced environment with stable prices and...

How to find the best property in Las Vegas

Las Vegas offers diverse real estate opportunities driven by population growth, economic diversification, and infrastructure investment. Key submarkets like Summerlin, Henderson, and Downtown attract residential and commercial development. Success requires local expertise, off-market insights, and on-site evaluations. Amenities like pools boost property value in the hot climate. Long-term strategies...

Las Vegas housing market sees slight dip in median home prices

The median price of single-family homes in Southern Nevada slightly decreased to $480,000 in April, down 1% from the recent high but still over 2% higher than last year. Housing supply surged by 78%, with more than 6,200 homes available without offers. This increase in inventory signals a stable local housing market, providing more options for buyers. Continue to full article...

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