Carol Strom

Median home price in Southern Nevada approaching record high

The median price of existing single-family homes in Southern Nevada rose to $475,000 in June, up 7.7% from last year. Condos and townhomes also saw an increase, reaching a median price of $295,000, up 7.3% from a year ago. Despite a national sales decline, Southern Nevada's housing market is performing well, with more homes available for sale. In June, 4,114 homes and 1,367 condos/townhomes were...

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...

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