Real Estate

New study shows homeownership becoming more elusive even in Las Vegas

A new study by the Harvard Joint Center on Housing Studies reveals that homeownership is becoming more difficult, with a 47% increase in median home prices since 2020 compared to a 20% rise in median income. Clark County now requires a household income of $143,000 to afford a median-priced home of over $460,000. In Los Angeles, an income of over $250,000 is needed to afford a median home price of...

Clark County cracking down on short-term rentals ahead of Memorial Day weekend

Clark County is focusing on enforcing short-term rental regulations, with 289 citations issued so far in 2024 compared to 348 in 2023. Homeowners are frustrated with the lengthy licensing process, leading some to continue renting without a license. Airbnb plans to crack down on potential party homes by using an automated reservation assessment process. Continue to full article...

Happy Fourth of July | Want to move to The Greater Las Vegas? Learn more here: https://linktr.ee/CarolStromRealty

To all great Americans around the world, a very Happy Fourth of July to you all. This day is incredibly significant as the day the United States officially became its own nation. Let’s celebrate America’s birthday with festivals, parades, fireworks and other festive activities.The 4th of July marks the day America became a country where people have a...

Las Vegas Home Prices Down, Days on Market Dip

In May, home prices in Las Vegas fell slightly, with a median listing price slightly above the national average. The number of listings increased by 2%, homes are selling faster than last year. Price per square foot remained unchanged. Las Vegas prices lag behind the national market. Continue to full article...

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