LAS VEGAS – After a record amount of time for rampant appreciation in value, Las Vegas home prices have begun to stabilize is as of late, with overall growth slowing in response to current market conditions. The same cannot be said, however, for the rates of Las Vegas rental properties, as prices continue to increase…
Despite Concerns, California Earthquakes Have No Affect on Construction of Las Vegas Raiders Stadium
LAS VEGAS – Last week, Southern California was rocked by earthquakes as high as 7.1 in magnitude in the Death Valley region, causing a plethora of issues in communities near and far of the affected areas. Luckily, there was no loss of life reported, despite the fact that numerous buildings were damaged and multiple fires…
LAS VEGAS – The City of Las Vegas announced that ground has officially been broken on an ambitious new project- the construction of a new $56 million, four story municipal courthouse that is slated to handle nearly every aspect of law and justice within city limits, according to reports. Located in the center of the…
LAS VEGAS – Gindi Capital, an investment firm headquartered in New York, officially announced last week that they had purchased a large chunk of Las Vegas Boulevard for a whopping price, with the stated goal of developing a hub for new retail businesses in the area, according to reports. Gindi confirmed that they had bought…
LAS VEGAS – Despite fierce push-back and lobbying efforts on the part of local realtors, Nevada lawmakers – via a last-minute amendment made to Senate Bill 151 (SB151) – added what they referred to as “tenant protections” to the proposed bill that would make some significant changes to the state’s currently Landlord/Tenant Laws. That bill…
LAS VEGAS – Eldorado Resorts has announced that they will be purchasing Caesars – and in the process acquiring over 35 of their casinos – in a deal comprised of both cash and stock valued at over $17 billion, according to reports. The deal will result in Eldorado essentially becoming a casino mega-power, with a…
Multi-Million Vegas Circa Hotel Project Showing Progress Towards 2020 LAS VEGAS – Circa, a multi-million-dollar downtown Las Vegas hotel project being constructed by developer Derek Stevens, is underway and targeting a December 2020 opening date, provided everything goes according to plan. Over 600 workers on various shifts are firing on all cylinders to meet that…
LAS VEGAS – You may have seen it on any number of television home improvement shows- the current hot trend of “tiny homes” that is sweeping the nation. Typically consisting of a house that is anywhere from 300-600 square feet large – or even smaller. The allure of owning a tiny home in today’s often…
LAS VEGAS – Lawmakers in Nevada have recently passed a number of new pieces of legislation that are aimed at governing certain aspects of the housing market in the state, such as the eviction process, defect claims on construction projects, and the development of affordable housing. To start with, the state Legislature – currently under…
LAS VEGAS – After several years of nonstop, skyrocketing growth, the Las Vegas real estate market appears to have finally begun to stabilize as the median sales price of single-family homes have remained relatively flat throughout spring of 2019, according to reports. So far, throughout March, April, and now May of 2019, the median sales…
LAS VEGAS – According to reports, AECOM, a Los Angeles-based construction and engineering firm, was named as the general contractor of the upcoming MSG Sphere performance venue slated to be built off of the famed Las Vegas Strip. The futuristic music venue MSG Sphere, a joint venture between Sands Corp. and Madison Square Garden, will…
LAS VEGAS – A $4 billion high-speed railway project that would have provided a direct connection between Las Vegas and Southern California that was scheduled by Virgin Trains USA has been delayed for possibly as much as two years, according to reports. The issue at hand, reports say, is that Virgin Trains USA was unable…
