Housing inventory critically influences home prices through supply and demand dynamics. Low inventory drives prices up via competitive bidding, while increased supply gives buyers leverage and softens prices. Seasonal and local trends affect inventory differently, making local expertise vital. Buyers may delay or compete more in low inventory markets, while sellers must price realistically and consider...
Real Estate
Southern Nevada’s housing crisis stems from a 64% drop in building since the 1995–2003 construction boom. Post-2010, construction permits dropped 64.3% monthly, far steeper than national and regional averages...
The price-to-rent ratio helps determine if buying or renting is more affordable in a city by dividing median home price by annual rent. Ratios below 18 favor buying; above 18 favor renting. Cities like San Jose and San Francisco have high ratios (above 35), indicating renting is cheaper, while cities like Detroit have low ratios (around 8), favoring buying. This ratio aids buyers, renters, and investors...
Inventory is expanding, delivering buyer choice and leverage. Market has balanced, easing buyer pressures. Job growth sustains demand. Financing is stable for prospective buyers. Conclusion: Las Vegas offers great opportunities for buyers now....
Las Vegas offers sun, amenities, and a diverse job market with no income tax or low property taxes. Reno provides mountain views, four-season outdoor activities, and a vibrant college-town vibe with rising housing prices. Winchester delivers affordable Real Estate, Strip access, and efficient monorail transport across Las Vegas. Paradise mixes nightlife, public...
The City of Las Vegas approved plans to redevelop Desert Pines Golf Course into a 17-parcel subdivision featuring mixed-income housing, retail, and educational spaces. The project includes a partnership with the College of Southern Nevada for workforce education and training. Funded partly by $25 million from the Nevada State Infrastructure Bank, the redevelopment aims to create 1,400 affordable housing...
Supply is expanding, offering buyers diverse options and negotiation power. Market shifts to balanced conditions favoring well-prepared buyers....
Comfortable income needed for homeowners: ~$118K Comfortable income needed for renters: ~$95K Household median income: ~$71K Monthly mortgage cost: $2,735 Monthly rent cost: $1,781...
Southern Nevada's economy slowed in mid-2025, with employment growth at 0.5% and a 5.5% unemployment rate. Home sales and visitor numbers declined, with tourism down 6.5% year-over-year in May. Commercial and industrial building occupancy also dropped from 93.3% to 91.0% in the second quarter. Continue to full...
Henderson remained a seller’s market in May 2025, with rising prices and fast-selling homes. The median home price rose to $491K, ↑ 4.5% yearly....