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# Shelter Realty Property Management

Las Vegas Property Management

## Sitemaps

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## Posts

- [Las Vegas Real Estate News](https://www.shelterrealty.com/blog/) - Recent news and blog articles about Las Vegas real estate and property management, home buying, mortgage, short sales and foreclosure information.
- [Las Vegas Applicants for Short-Term Rentals Encountering Issues Obtaining Insurance](https://www.shelterrealty.com/2023/06/19/las-vegas-applicants-for-short-term-rentals-encountering-issues-obtaining-insurance/) - LAS VEGAS, NV – In addition to delays in the pre-approval process on the part of Clark County and early regulations that were considered overreaching and burdensome by many, the latest hurdle that applicants for short term rentals in the Las Vegas area are encountering is difficulties in obtaining insurance. According to Las Vegas insurance broker
- [Las Vegas Construction Companies Claim They’re Owed Millions for MSG Sphere Work](https://www.shelterrealty.com/2023/06/16/lawsuit-las-vegas-construction-companies-claim-theyre-owed-millions-for-msg-sphere-work/) - LAS VEGAS, NV – Construction companies that have been working on the MSG Sphere in Las Vegas claim the company behind the futuristic entertainment venue – which is still under development – owes them millions of dollars in unpaid labor fees, according to a lawsuit filed with the Eighth Judicial District Court of Nevada. MSG Las
- [Following Random Drawing, Clark County to Send Out Notices to Short-Term Rental Pre-Applicants](https://www.shelterrealty.com/2023/06/14/following-random-drawing-clark-county-to-send-out-notices-to-short-term-rental-pre-applicants/) - LAS VEGAS, NV – Clark County will be sending out notices to potential short-term rental applicants following the recent conclusion of a random lottery drawing, with anyone who submitted a pre-application slated to receive their results within eight weeks via certified mail and e-mail; an extended span of time that is causing frustration for many would-be
- [Las Vegas Home Prices Creeping Up, Yet Remain Below All-Time 2022 High ](https://www.shelterrealty.com/2023/06/12/las-vegas-home-prices-creeping-up-but-remain-below-all-time-2022-high/) - LAS VEGAS, NV – A new report released by Las Vegas Realtors (LVR) notes that while they still remain below the all-time record high level achieved one year prior in 2022, home prices in Southern Nevada are continuing to creep back up month to month. LVR notes that the median price of existing single-family homes
- [Is Las Vegas Turning into a Renter’s Market? Experts Weigh In](https://www.shelterrealty.com/2023/06/09/is-las-vegas-turning-into-a-renters-market-experts-weigh-in/) - LAS VEGAS, NV – Numerous listings for rental properties in Las Vegas are showing that landlords and property managers in increasing numbers are offering various incentives to draw in tenants, a situation that until recently was not the norm. This situation is begging experts to question if Southern Nevada is slowly transitioning into a renter’s market after
- [Aliante - Las Vegas](https://www.shelterrealty.com/2008/07/24/aliante-las-vegas/) - Aliante Property Management: A Desirable Community for Rental Property Owners Located in North Las Vegas, Aliante has grown into one of the area's most sought-after master-planned communities. Designed with an emphasis on parks, recreation, and neighborhood amenities, Aliante continues to attract families, professionals, retirees, and military personnel looking for a high quality of life at
- [Henderson Nevada Real Estate](https://www.shelterrealty.com/2008/08/17/henderson-nevada-real-estate/) - Henderson Property Management: Why Henderson Continues to Be One of Southern Nevada's Strongest Rental Markets For years, Henderson, Nevada has consistently ranked as one of the most desirable places to live in Southern Nevada. Known for its master-planned communities, excellent parks, convenient shopping, and high quality of life, Henderson continues to attract families, professionals, retirees,
- [Las Vegas Property Managment](https://www.shelterrealty.com/2008/09/05/las-vegas-property-managment/) - Can't Sell Your Las Vegas Home? Renting May Be the Smarter Financial Decision. Every real estate market goes through cycles. While some homes sell quickly, others may remain on the market longer than expected due to increased inventory, changing buyer demand, or affordability challenges. If your home hasn't sold—or you're not receiving offers that meet
- [Las Vegas Real Estate Career](https://www.shelterrealty.com/2008/06/16/las-vegas-real-estate-career/) - Why Property Management May Be the Best Career Path for Today's Real Estate Agents When most people think about a career in real estate, they picture helping buyers find their dream home or negotiating the sale of a property. While sales can be rewarding, today's market has reminded many agents that relying solely on commissions
- [Las Vegas Expired Listings](https://www.shelterrealty.com/2008/06/25/las-vegas-expired-listings/) - My Las Vegas Home Didn't Sell... Should I Rent It Instead? With today's changing Las Vegas real estate market, it's not uncommon for homes to remain on the market longer than expected. As inventory has increased and buyers have become more selective, many homeowners are finding themselves in a position they didn't anticipate—their home simply
- [Can’t Sell Your Las Vegas Home? Rent It; Why Renting May Be the Better Option](https://www.shelterrealty.com/2026/07/02/cant-sell-your-las-vegas-home-rent-it/) - LAS VEGAS, NV - If your Las Vegas home has been on the market for weeks or even months without receiving an acceptable offer, you’re not alone. Many homeowners are finding that today’s market requires patience, strategic pricing, and flexibility. One of the most common questions we hear is: “Is my real estate agent doing
- [More Rentals, More Competition: What Las Vegas Landlords Need to Know in Summer 2026](https://www.shelterrealty.com/2026/06/19/more-rentals-more-competition-what-las-vegas-landlords-need-to-know-in-summer-2026/) - LAS VEGAS, NV – For much of the past several years, Las Vegas landlords enjoyed a strong rental market. Available homes were leased quickly, rental rates climbed rapidly, and tenants often had limited options when searching for housing. However, market conditions are beginning to shift. While Las Vegas remains a healthy rental market overall, the
- [Monthly Las Vegas Rental Report: What Can Landlords Expect for Rent? (June 2026)](https://www.shelterrealty.com/2026/06/10/monthly-las-vegas-rental-report-how-much-can-landlords-expect-for-rent-june-2026/) - LAS VEGAS, NV – The latest rental market figures for June 2026 show that rental pricing across the Las Vegas Valley continued to move higher during May, even as leasing activity remained relatively steady and the number of new rental listings declined slightly. According to newly released data from Las Vegas REALTORS® MLS, the average
- [More Rentals, More Choices: Las Vegas Inventory Growth Shifts the Rental Market in 2026](https://www.shelterrealty.com/2026/06/04/more-rentals-more-choices-las-vegas-inventory-growth-shifts-the-rental-market-in-2026/) - HENDERSON, NV - The Las Vegas rental market is continuing to evolve in 2026 as a growing supply of rental housing gives tenants more choices and creates a more competitive environment for landlords. After several years of rapid rent growth fueled by population gains and limited housing inventory, market conditions are beginning to normalize. New
- [Monthly Las Vegas Rental Report: How Much Can Landlords Expect for Rent? (May 2026)](https://www.shelterrealty.com/2026/05/12/monthly-las-vegas-rental-report-how-much-can-landlords-expect-for-rent-may-2026/) - LAS VEGAS, NV – The latest rental market figures for May 2026 show that the Las Vegas Valley rental market remains active, with average lease pricing moving higher even as renters continue to gain additional choices throughout Southern Nevada. According to newly released data from Las Vegas REALTORS®, the average price of residential rental units
- [More Rentals, More Choices: Las Vegas Inventory Surge Shifts Market Balance](https://www.shelterrealty.com/2026/04/29/more-rentals-more-choices-las-vegas-inventory-surge-shifts-market-balance/) - LAS VEGAS, NV – A growing number of rental listings across Las Vegas are beginning to reshape the local housing landscape, giving tenants more choices while placing increased pressure on landlords to remain competitive. New data and on-the-ground market activity suggest that rental inventory has expanded notably in recent months, contributing to a shift away
- [Monthly Las Vegas Rental Report: How Much Can Homeowners Expect for Rent? (April 2026)](https://www.shelterrealty.com/2026/04/10/monthly-las-vegas-rental-report-how-much-can-homeowners-expect-for-rent-april-2026/) - LAS VEGAS, NV – The latest rental market figures for April 2026 show a market that remains active across the Las Vegas Valley, even as pricing continues to soften slightly. According to new data from the Las Vegas REALTORS® Multiple Listing Service (MLS), the average rent for residential units leased in Southern Nevada came in
- [Tax Debate Targets Corporate Ownership of Las Vegas Homes as Lawmakers Revisit Housing Policy](https://www.shelterrealty.com/2026/03/24/tax-debate-targets-corporate-ownership-of-las-vegas-homes-as-lawmakers-revisit-housing-policy/) - LAS VEGAS, NV – A policy discussion taking shape in Nevada could have implications for how real estate investors structure property ownership in the Las Vegas housing market, as lawmakers examine whether a long-standing tax exemption should be revised or eliminated. The issue centers on the growing share of homes owned by corporate entities and
- [Number of Homes in Las Vegas Owned by Black Residents Below U.S. Average; Data Pulled For Black History Month](https://www.shelterrealty.com/2026/02/11/number-of-homes-in-las-vegas-owned-by-black-residents-below-us-average/) - LAS VEGAS, NV – According to the Las Vegas Review Journal, the number of homes owned in Las Vegas, Nevada by Black residents is below the national average, based on a new report by personal-finance website LendingTree examining the concept of racial disparity in the residential real estate market in the United States. LendingTree noted in their
- [Monthly Las Vegas Rental Report: How Much Can Homeowners Expect for Rent? (March 2026)](https://www.shelterrealty.com/2026/03/09/monthly-las-vegas-rental-report-how-much-can-homeowners-expect-for-rent-march-2026/) - LAS VEGAS, NV – The latest rental market figures for March 2026 show that rents across the Las Vegas Valley are holding relatively steady as the spring leasing season begins. According to Zillow, the average rent for all bedrooms and all property types in Las Vegas currently stands at about $1,935 per month, representing an
- [Las Vegas Home Sales & Prices Drop Year-Over-Year in February](https://www.shelterrealty.com/2026/03/06/las-vegas-home-sales-prices-drop-year-over-year-in-february/) - LAS VEGAS, NV – Las Vegas’ real estate market continued its ongoing slump last month, according to a new report released by trade association Las Vegas Realtors, which shows that both residential home sales and prices decreased in February. The median price of an existing single-family home in the Las Vegas Valley last month was $481,995,
- [Las Vegas’ Fairways on Green Valley Apartment Community Purchased by San Francisco-Based Investment Firm](https://www.shelterrealty.com/2026/03/04/las-vegas-fairways-on-green-valley-apartment-community-purchased-by-san-francisco-based-investment-firm/) - LAS VEGAS, NV – Fairways on Green Valley, a 320-unit garden-style community in Henderson, Neveda, has been acquired by San Francisco-based multifamily real estate investment firm Hamilton Zanze, which made the purchase for an undisclosed sum. Fairways on Green Valley is located at 1851 North Green Valley Parkway in the Green Valley South neighborhood, adjacent to The
- [For the First Time in Five Years, More Homeowners Have a Mortgage Rate Above 6% Than Below 3%](https://www.shelterrealty.com/2026/03/02/for-the-first-time-in-five-years-more-homeowners-have-a-mortgage-rate-above-6-than-below-3/) - LAS VEGAS, NV – A new study has revealed that, for the first time in five years, there are more homeowners with a mortgage interest rate higher than six percent than there are ones with a rate below three percent. Data released by Redfin indicates that 21.1 percent of homeowners in the United States – equating to
- [Average Time of Las Vegas Valley Homes Sitting on the Market Increasing](https://www.shelterrealty.com/2026/02/27/average-time-of-las-vegas-valley-homes-sitting-on-the-market-increasing/) - LAS VEGAS, NV – The average amount of time homes for sale in the Las Vegas Valley are sitting on the market is gradually increasing, according to a new report by Redfin. Homes in the valley – as of data taken from sales in January – are sitting on the market for an average of 78 days,
- [Report: Las Vegas Home Sellers Currently Outnumber Buyers by 92%, 44% Gap Nationwide](https://www.shelterrealty.com/2026/02/25/report-las-vegas-home-sellers-currently-outnumber-buyers-by-92-44-gap-nationwide/) - LAS VEGAS, NV – According to a new report by Redfin, in January there was an estimated 44 percent more home sellers than buyers – which, in numerical terms, would equate to 600,314 – representiong a 30 percent increase year-over-year and the second-largest gap since the brokerage first began tracking such data in 2013. However, the
- [New Rental Property in Historic Westside Las Vegas Set to Open End of May](https://www.shelterrealty.com/2026/02/23/new-rental-property-in-historic-westside-las-vegas-set-to-open-end-of-may/) - LAS VEGAS, NV – A local Las Vegas developer has announced that a new multi-unit rental property that is located in a traditionally underserved section of the city – the Historic Westside – that would greatly benefit from such a development amid great demand is now set to open this May. Developer Sam Cherry of Cherry
- [Report: Nevada Among States With the Lowest Property Taxes in Nation](https://www.shelterrealty.com/2026/02/20/report-nevada-among-states-with-the-lowest-property-taxes-in-nation/) - LAS VEGAS, NV – In today’s tough economic climate, any way to save a buck or two can make a difference for hard-working families. The overall cost of living is a very real concern when it comes to where you live, and because of that there’s yet another reason why Nevada remains appealing to many-
- [New Lake Las Vegas Community with Designs by Celebrity Designer Begins Home Sales](https://www.shelterrealty.com/2026/02/18/new-lake-las-vegas-community-with-designs-by-celebrity-designer-begins-home-sales/) - LAS VEGAS, NV – A new Lake Las Vegas community developed by Tri Pointe Homes and boasting interior designs by a noted celebrity designer has begun sales this week. Dubbed Lakeview Ridge, the 54-home development currently has three model homes for prospective buyers to check out, all of which feature designs by Bobby Berk, star of
- [Median Home Down Payments in Las Vegas Fall Over 18 Percent Year-Over-Year](https://www.shelterrealty.com/2026/02/16/median-home-down-payments-in-las-vegas-fall-over-18-percent-year-over-year/) - LAS VEGAS, NV – A new report by Redfin shows that the median down payment by a homebuyer in the United States has fallen for the first time in five months, with a 1.5 percent year-over-year overall drop – falling to $64,000 – as of December 2025, the most recent month for which data is available.
- [Nearly Twice as Many Singles Struggle with Housing Costs Compared to Married Couples, Report Says](https://www.shelterrealty.com/2026/02/13/nearly-twice-as-many-singles-struggle-with-housing-costs-compared-to-married-couples-report-says/) - LAS VEGAS, NV – While the housing market has proven difficult to navigate for much of the nation in recent years due to numerous factors such as high prices and interest rates on home loans, a new Redfin survey indicates that the trials and tribulations of homeownership are proving to be nearly twice as hard on single
- [Exodus of Affluent California & Washington Residents Move to Las Vegas to Escape Taxes, Politics from Home States](https://www.shelterrealty.com/2026/02/09/exodus-of-affluent-california-washington-residents-move-to-las-vegas-to-escape-taxes-politics-from-home-states/) - LAS VEGAS, NV – Several Southern Nevada real estate agents are reporting that they have recently been seeing an unusually large influx of affluent residents from neighboring states such as California and Washington come to Las Vegas to escape their home states. There are multiple factors at work that are diving this “full-scale migration of wealth” to
- [Monthly Las Vegas Rental Report: How Much Can Homeowners Expect for Rent? (February 2026)](https://www.shelterrealty.com/2026/02/07/monthly-las-vegas-rental-report-how-much-can-homeowners-expect-for-rent-february-2026/) - LAS VEGAS, NV – The latest rental market figures for February 2026 show relatively steady conditions in the Las Vegas Valley after a modest winter uptick. According to Zillow, the average rent for all bedrooms and all property types now sits at approximately $1,940 per month, roughly $25 higher month-over-month but still about $60 below
- [Former Cashman Center to be Redeveloped into Over 1,000 New Homes](https://www.shelterrealty.com/2026/02/06/former-cashman-center-to-be-redeveloped-into-over-1000-new-homes/) - LAS VEGAS, NV – In an attempt to address the ongoing housing crisis that is plaguing the Las Vegas Valley, it has been announced that a developer will be converting the former Cashman Center property – as well as the neighboring Grant Sawyer Nevada State Office Building, located near the downtown area – into over 1,000 new
- [Developer Purchases Over 18 Acres for Housing Project Opposed by Neighboring Residents](https://www.shelterrealty.com/2026/02/04/developer-purchases-over-18-acres-for-housing-project-opposed-by-neighboring-residents/) - LAS VEGAS, NV – Richmond American Homes officially closed in late January on the purchase of 18.4 acres of rural-area land for a Las Vegas housing project that has raised the ire of residents in neighboring communities who fear it will have a detrimental impact upon their quiet lifestyles. The developer paid a reported $23.25 million for
- [Las Vegas Among Hardest-Hit Cities When It Comes to Home Sale Cancellations](https://www.shelterrealty.com/2026/02/02/las-vegas-among-hardest-hit-cities-when-it-comes-to-home-sale-cancellations/) - LAS VEGAS, NV – A new report from Redfin indicates that Las Vegas is one of the hardest-hit cities in the nation when it comes to sale cancellations in December 2025, the latest month sales data is currently on record. In December, buyers across the country put the kibosh on a total of over 40,000 sales agreements, making up
- [Marble Manor Public Housing Complex to be Demolished, Redeveloped into Townhomes, Apartments](https://www.shelterrealty.com/2026/01/30/marble-manor-public-housing-complex-to-be-demolished-redeveloped-into-townhomes-apartments/) - LAS VEGAS, NV – Marble Manor, a western Las Vegas public housing complex that originally opened in the 1950s, is in the process of being demolished and redeveloped into townhomes and apartment buildings. When it originally opened, the 235-unit Marble Manor, located along Washington Avenue just east of Martin Luther King Boulevard, was made up of “modern”
- [Why a Traditional Home Warranty Can End Up Costing You More; Real Example: Kitchen Sink Clog That Escalated](https://www.shelterrealty.com/2026/01/28/why-a-traditional-home-warranty-can-end-up-costing-you-more/) - LAS VEGAS, NV - Many landlords assume a home warranty will save money when maintenance issues arise. Unfortunately, that is not always the case. Below is a real-world example that highlights how a traditional home warranty can actually increase costs and extend repair timelines. A Real Example: Kitchen Sink Clog That Escalated A tenant recently
- [Las Vegas’ 342-Unit Miraluna Apartment Community Announces Pre-Leasing Underway](https://www.shelterrealty.com/2026/01/28/las-vegas-342-unit-miraluna-apartment-community-announces-pre-leasing-underway/) - LAS VEGAS, NV – Miraluna, an apartment complex located in South Las Vegas that is currently being developed by a joint venture of The NRP Group and Rockefeller Group, announced that pre-leasing is currently underway for the 342-unit community prior to its anticipated early-2026 opening date. Adjacent to the Southern Highlands Master-Planned Community, Miraluna – previously known
- [New Zillow Report Predicts U.S. Housing Market to Return to Affordability by End of 2026](https://www.shelterrealty.com/2026/01/26/new-zillow-report-predicts-u-s-housing-market-to-return-to-affordability-by-end-of-2026/) - LAS VEGAS, NV – Currently, over 80 percent of U.S. citizens report that the cost of housing is a serious problem, and this situation has persisted for several years now in the wake of the COVID-19 pandemic, casting concerns over the ability of many families to own a home in the modern economic climate. However, a
- [Nevada HAND Building 51-Unit Affordable Housing Complex in Downtown Las Vegas](https://www.shelterrealty.com/2026/01/23/nevada-hand-building-51-unit-affordable-housing-complex-in-downtown-las-vegas/) - LAS VEGAS, NV – Nevada HAND, the state’s largest developer of affordable housing, has begun work on constructing a new rental complex in downtown Las Vegas aimed at low-income tenants, following the company’s demolition of a long-shuttered complex that had previously occupied the property. Dubbed Ogden Pines, the $20 million project, upon completion, will take the form
- [Japanese Developer Showcases New Building Tech in Las Vegas Pre-Fab Home](https://www.shelterrealty.com/2020/01/11/japanese-developer-showcases-new-building-tech-in-las-vegas-pre-fab-home/) - LAS VEGAS, NV - According to recent reports, a Japanese developer showed off some cutting-edge “green” technology in the form of a pricey prefabricated home in Summerlin constructed from a substance called “Shawood,” which is a sustainable form of lumber that is earthquake resistant. Japan-based Sekisui House, along with its building company Woodside Homes, is
- [Former “Jersey Shore” MTV Reality Show Star Lists Las Vegas House for $1.5 Million](https://www.shelterrealty.com/2023/02/01/former-jersey-shore-mtv-reality-show-star-lists-las-vegas-house-for-1-5-million/) - LAS VEGAS, NV – A former star of the MTV reality television series “Jersey Shore” has listed her luxury Las Vegas home on the open marketplace for $1.5 million. Jennifer Harley – a social media and reality TV star who made a name for herself by dating fellow“Jersey Shore” star Ronnie Ortiz before subsequently starring in
- [Lennar Corporation, One of the Largest U.S. Homebuilders, Purchases 37 Acres in Henderson for $45 Million](https://www.shelterrealty.com/2024/04/08/lennar-corporation-one-of-the-largest-u-s-homebuilders-purchases-37-acres-in-henderson-for-45-million/) - LAS VEGAS, NV – According to Clark County property records, Lennar Corporation, one of the largest home construction companies in the United States, has bought 37 acres of land in Henderson for $45 million from California-based Trilogy Land Holdings LLC. It is expected that Lenar will develop the vacant land – the sale of which closed on
- [Executive Order Signed Banning Sales of Single-Family Homes to Wall Street Investors](https://www.shelterrealty.com/2026/01/21/executive-order-signed-banning-sales-of-single-family-homes-to-wall-street-investors/) - LAS VEGAS, NV – On Tuesday, Trump signed an executive order that bars Wall Street-backed investors from purchasing and owning single-family homes, a part of his stated efforts to address affordability issues in the United States. Buying and owning a home has long been considered the pinnacle of the American dream and a way for families to
- [Rents in Las Vegas Valley Decreased Across the Board in 2025; Experts Predict Rents May Remain Flat Throughout 2026](https://www.shelterrealty.com/2026/01/19/rents-in-las-vegas-valley-decreased-across-the-board-in-2025-experts-predict-rents-may-remain-flat-throughout-2026/) - LAS VEGAS, NV – Zumper, a digital marketplace for renters and property managers, has released a new report that indicates that rents in the Las Vegas Valley decreased across all unit types by the end of 2025, according to the Las Vegas Review Journal. For their just-released report covering December 2025, Zumper notes that one-bedroom rentals in
- [Las Vegas Apartment Complex, Just Opened One Year Ago, Sells for Nearly $80 Million](https://www.shelterrealty.com/2026/01/16/las-vegas-apartment-complex-just-opened-one-year-ago-sells-for-nearly-80-million/) - LAS VEGAS, NV – Just one year after opening their doors for business, the developers of a Las Vegas apartment complex have sold the rental property to new landlords for nearly $80 million. Landing 36, located at 2555 North Rancho Drive at the intersection of Smoke Ranch Road, was developed by California-based Agora Realty & Management, who
- [Las Vegas Luxury Condo Sells for Record-Breaking $21 Million; Breathtaking Views of Red Rock Canyon Area](https://www.shelterrealty.com/2026/01/14/las-vegas-luxury-condo-sells-for-record-breaking-21-million/) - LAS VEGAS, NV – The luxury condominium market in Las Vegas has always been a hot commodity, and that reality remained firmly cemented in fact recently when a new sale broke the all-time record in terms of price earlier this month. A condo located within the affluent guard-gated residential community The Summit Club in the high-end suburb
- [Nevada Real Estate Agents, Experts, & Lawmakers React to Proposed Investor Home-Buying Ban](https://www.shelterrealty.com/2026/01/12/nevada-real-estate-agents-experts-lawmakers-react-to-proposed-investor-home-buying-ban/) - LAS VEGAS, NV – Las week, Donald Trump turned heads nationwide when he proposed a ban on corporate investors purchasing single-family homes in response to the current affordability crisis facing many families hoping for homeownership in recent years. For a very long time, buying and owning a home was considered the pinnacle of the American Dream,”
- [Monthly Las Vegas Rental Report: How Much Can Homeowners Expect for Rent? (January 2026)](https://www.shelterrealty.com/2026/01/10/monthly-las-vegas-rental-report-how-much-can-homeowners-expect-for-rent-january-2026/) - LAS VEGAS, NV - The latest rental market figures for January 2026 point to a modest bounce in advertised rents across the Las Vegas Valley after several months of softening through late 2025. According to Zillow, the average rent for all bedrooms and all property types now stands at $1,940 per month, up $29 month-over-month but still $60 lower
- [Feds Look to Ban Single-Family Home Purchases by Large Corporate Investors](https://www.shelterrealty.com/2026/01/09/feds-look-to-ban-single-family-home-purchases-by-large-corporate-investors/) - LAS VEGAS, NV – In response to ongoing home affordability issues in the United States fueled by large, Wall Street-backed investors snapping up houses in large numbers across the nation to use as rentals, President Donald Trump announced that his administration will attempt to ban such activity going forward. On Trump’s social media platform, Truth Social,
- [While Las Vegas December Home Prices Drop, Signs Pointing To Southern Nevada Making “Big Comeback”](https://www.shelterrealty.com/2026/01/07/while-las-vegas-december-home-prices-drop-signs-pointing-to-southern-nevada-making-big-comeback/) - LAS VEGAS, NV – Following a period of time that saw record-breaking, breakneck sales become the norm for the region, things cooled considerably for Las Vegas’ residential real estate market in 2025, with a significant drop in properties changing hands when compared to 2024. According to trade association Las Vegas Realtors (LVR) – as per data pulled
- [2026’s Five Most Expensive Las Vegas Luxury Homes Currently for Sale (One Removed)](https://www.shelterrealty.com/2026/01/05/2026s-five-most-expensive-las-vegas-luxury-homes-currently-for-sale/) - LAS VEGAS, NV – Luxury real estate has always been a hot market in Southern Nevada, with 2025 being one of the region’s biggest years ever. But with that being said, 2026 is already gearing up to possibly exceed last year in that regard, and if you’ve got exceedingly deep pockets and are looking for
- [Ground Broken on New Las Vegas $82 Million Multifamily Community, Expected to Open Spring 2026](https://www.shelterrealty.com/2026/01/03/ground-broken-on-new-las-vegas-82-million-multifamily-community-expected-to-open-spring-2026/) - LAS VEGAS, NV – Chicago-based developer CEDARst Cos. has officially broken ground on a new $82 million multifamily community located in the Las Vegas Medical District, the first residential facility of its kind to be built in that area of the city. Upon completion, The Presley will take the form of a 275,000-square-foot, 236-unit, seven-story apartment complex,
- [Following Judge’s Injunction, Short-Term Rental Owners in Clark County Prepare for Next Phase of Legal Challenges](https://www.shelterrealty.com/2025/12/31/following-judges-injunction-short-term-rental-owners-in-clark-county-prepare-for-next-phase-of-legal-challenges/) - LAS VEGAS, NV – After a federal judge issued an injunction that prevents Clark County from enforcing a number of its enforcement efforts against unlicensed short-term rentals, homeowners within the municipality galvanized by the win are now gearing up for the next phase of legal challenges. Earlier in December, U.S. District Court Judge Miranda Du issued
- [Home Sales in Las Vegas Valley Expected to Decrease in 2026, Realtor.com Report Says](https://www.shelterrealty.com/2025/12/29/home-sales-in-las-vegas-valley-expected-to-decrease-in-2026-report-says/) - LAS VEGAS, NV – As per a new report released by online real estate brokerage Realtor.com, sales of homes in the Las Vegas Valley are expected to decrease in the coming new year, continuing a trend that has persisted throughout much of 2025. Realtor.com’s report predicts that the sales of single-family homes in Southern Nevada in
- [Number of Las Vegas Homes Now Owned by Investors Grows to Nearly 100,000](https://www.shelterrealty.com/2025/12/26/number-of-las-vegas-homes-now-owned-by-investors-grows-to-nearly-100000/) - LAS VEGAS, NV – Despite a recently-reported cutting back on the part of investors when it comes to purchasing real estate in Southern Nevada, this collective group nonetheless has managed to acquire a sizable amount of property in the region in recent years, with a new report showing that these outside parties now own nearly 100,000 homes in
- [Report: Prices of Luxury Homes in Las Vegas Increase 161 Percent Over Last Ten Years](https://www.shelterrealty.com/2025/12/24/prices-of-luxury-homes-in-las-vegas-increase-161-percent-over-last-ten-years/) - LAS VEGAS, NV – A new report indicates that prices of luxury homes in Southern Nevada – defined as residences worth $1 million and up – are increasing at a higher rate than in the majority of other major metropolitan areas in the United States. According to Redfin, over the course of the last ten years –
- [Federal Judge Blocks Clark County’s Short-Term Rental Ordinances; No Longer Enforceable Pending Decision](https://www.shelterrealty.com/2025/12/22/federal-judge-blocks-clark-countys-short-term-rental-ordinances/) - LAS VEGAS, NV – Following a court hearing earlier this month, a federal judge has granted a preliminary injunction that blocks some of Clark County’s short-term rental ordinances from being enforced while a lawsuit against the municipality plays out through the court system. Last Wednesday, U.S. District Court Judge Miranda Du – after a previous hearing held
- [Investors Cutting Down on Las Vegas Home Purchases; Largest Drop of Any Major Metro in U.S.](https://www.shelterrealty.com/2025/12/19/investors-cutting-down-on-las-vegas-home-purchases-largest-drop-of-any-major-metro-in-united-states/) - LAS VEGAS, NV – According to a new report released this week by Redfin, investors have recently begun cutting down on the number of homes that they’ve been purchasing in the Las Vegas Valley. In the third quarter of 2025, the number of homes purchased by investors – who typically either utilize them as short-term rentals or
- [Growing Number of Developers Favor Building Las Vegas “Up” as Opposed to “Out”](https://www.shelterrealty.com/2025/12/17/growing-number-of-developers-favor-building-las-vegas-up-as-opposed-to-out/) - LAS VEGAS, NV – Amid the housing shortages that are plaguing Southern Nevada in recent years due to a lack of real estate to build upon, there is a growing number of developers who are vocally favoring the concept of focusing more on building Las Vegas “up” as opposed to “out.” An emphasis on erecting more
- [Majority of Homes on Las Vegas Market Financially Out-of-Reach to Average Buyer, Report Says](https://www.shelterrealty.com/2025/12/15/majority-of-homes-on-las-vegas-market-financially-out-of-reach-to-average-buyer-report-says/) - LAS VEGAS, NV – As per a new report from personal finance website Bankrate, the majority of homes available on the market in Las Vegas are currently out-of-reach financially to the average buyer amid both soaring prices and high interest rates on mortgages. Bankrate’s report notes that out of all the homes that are presently available on
- [Developer Secures $781 Million to Finance Ongoing Construction of Four Seasons Private Residences Las Vegas](https://www.shelterrealty.com/2025/12/12/developer-secures-781-million-to-finance-ongoing-construction-of-four-seasons-private-residences-las-vegas/) - LAS VEGAS, NV – $781 Million has been secured by the developer Concord Summit Capital (CSC) in order to continue to finance the ongoing construction of the upcoming The Four Seasons Private Residences Las Vegas, which is made up of $526 million from J.P. Morgan and $255 million from Sculptor Real Estate and Morning Calm Management. Two
- [Home Prices in Las Vegas Reach Yet Another All-Time Record High in November](https://www.shelterrealty.com/2025/12/10/home-prices-in-las-vegas-reach-yet-another-all-time-record-high-in-november/) - LAS VEGAS, NV – Home prices in Las Vegas this year continue to set records, with November seeing them hit yet another all-time record high yet again. In Southern Nevada, the median sale price for an existing single-family home reached $488,995 last month, besting the previous record of $485,000 that was reached several times earlier in
- [Monthly Las Vegas Rental Report: How Much Can Homeowners Expect for Rent? (December)](https://www.shelterrealty.com/2025/12/08/monthly-las-vegas-rental-report-how-much-can-homeowners-expect-for-rent-december/) - LAS VEGAS, NV - The latest rental market figures for December 2025 show continued softening across the Las Vegas Valley. According to Zillow, the average rent for all bedrooms and all property types now stands at $1,912 per month, reflecting a $13 decrease since November and an $88 drop compared to this time last year
- [Judge to Issue Decision on Clark County Short-Term Rental Enforcement This Week](https://www.shelterrealty.com/2025/12/08/judge-to-issue-decision-on-clark-county-short-term-rental-enforcement-this-week/) - LAS VEGAS, NV – The ongoing saga of short-term rental owners versus Clark County continues, as a U.S. District Court judge on Friday stated she would be issuing a decision this week regarding whether or not to allow the municipality to continue to enforce its ordnance governing the rentals while a lawsuit makes its way through the
- [Controversial Housing Project Receives Clark County’s Final Approval to Begin Construction](https://www.shelterrealty.com/2025/12/05/controversial-housing-project-receives-clark-countys-final-approval-to-begin-construction/) - LAS VEGAS, NV – A proposed housing project located in a rural part of the southwestern Las Vegas Valley that has sparked controversy among its neighboring communities has received final approval from the Clark County Board of Commissioners to begin construction. Final plans by Richmond American Homes to build a 99-lot subdivision on 19 acres south of
- [Newly-Built, Nearly 10,000 Square-Foot Henderson Estate Listed for $12.9 Million](https://www.shelterrealty.com/2025/12/03/newly-built-nearly-10000-square-foot-henderson-estate-listed-for-12-9-million/) - LAS VEGAS, NV – A huge, brand-new estate located in an exclusive, private community in the Las Vegas Valley has just hit the market with an impressive price tag of nearly $13 million. Situated within Henderson’s guard-gated, mountainside community of Ascaya, the sprawling 9,788 square-foot residence in question at 19 Boulderback Drive was listed in November
- [Two Real Estate Firms Team Up to Build Luxury Rental Complex Along Las Vegas Boulevard](https://www.shelterrealty.com/2025/12/01/two-real-estate-firms-team-up-to-build-luxury-rental-complex-along-las-vegas-boulevard/) - LAS VEGAS, NV – A new luxury rental apartment complex is now in the early stages of development just south of the famed Las Vegas Strip, with two real estate firms located in the midwestern United States teaming up to make the project a reality. The Cleveland, Ohio-based NRP Group – one of the nation's top multifamily
- [Home Prices in Las Vegas Drop Year-Over-Year as Prices Nationally Inch Higher](https://www.shelterrealty.com/2025/11/29/home-prices-in-las-vegas-drop-year-over-year-as-prices-nationally-inch-higher/) - LAS VEGAS, NV – According to the S&P Cotality Case-Shiller index released earlier this week, home prices in Las Vegas dropped year-over-year in September, despite a national trend where prices have been continuing to creep upwards amid an overall sluggish real estate market. Home prices in Southern Nevada decreased by 0.69 percent in September when compared
- [Solar Panels Considered “Hinderance” Among Las Vegas Luxury Home Sellers and Buyers, Survey Says](https://www.shelterrealty.com/2025/11/26/solar-panels-considered-hinderance-among-las-vegas-luxury-home-sellers-and-buyers-survey-says/) - LAS VEGAS, NV – While solar panels are often seen as a desirable feature among environmentally conscious home buyers, a new survey suggests that in Las Vegas’ luxury market they may actually work against a sale, with some buyers viewing them as a hindrance rather than a benefit. A new survey conducted by Re/Max says
- [MacDonald Highlands Mansion Sells for $14.25M, Second-Highest Henderson Sale of 2025](https://www.shelterrealty.com/2025/11/24/macdonald-highlands-mansion-sells-for-14-25m-second-highest-henderson-sale-of-2025/) - LAS VEGAS, NV – The second-priciest residential sale in Henderson so far this year closed last week, with a mansion located in the swanky MacDonald Highlands guard-gated community exchanging hands for the impressive sum of $14.25 million. Second in price this year only to a sale that took place in July for the astronomical amount of
- [New Clark County Community Land Trust Program to Provide First-Time Homebuyers with Affordable Housing](https://www.shelterrealty.com/2025/11/21/new-clark-county-community-land-trust-program-to-provide-first-time-homebuyers-with-affordable-housing/) - LAS VEGAS, NV – Clark County has announced the launch of a new, never-before seen program for the municipality: a Las Vegas area Community Land Trust, with the stated goal being to help supply first-time homebuyers with affordable, attainable housing options in Southern Nevada. County representatives have revealed that 240 homes will be developed for residents
- [Investors Have Purchased Almost 500,000 Residential Homes in Las Vegas Since 2009](https://www.shelterrealty.com/2025/11/19/investors-have-purchased-almost-500000-homes-in-las-vegas-since-2009/) - LAS VEGAS, NV – Las Vegas remains a hotbed of real estate investment activity in recent years, with business interests acquiring an increasingly larger and larger share of residential homes in Southern Nevada in the last decade-and-a-half, as per a new report. According to the University of Nevada, Las Vegas’ Lied Center for Real Estate, data pulled
- [Las Vegas’ Condo Market Ranks Among Most Imbalanced Out of Top 50 Metros, Report Says](https://www.shelterrealty.com/2025/10/17/las-vegas-condo-market-ranks-among-most-imbalanced-out-of-top-50-metros-report-says/) - LAS VEGAS, NV – According to a new report by Redfin, the condominium market in the Las Vegas Valley is ranking among the most imbalanced out of the top major metropolitan areas in the United States, in terms of the number of sellers versus buyers. The Valley’s condo market came in 13th out of the 50 major
- [Which Vegas Neighborhoods Are Currently Experiencing Spikes or Drops in One-Bedroom Rent?](https://www.shelterrealty.com/2025/11/17/which-vegas-neighborhoods-are-currently-experiencing-spikes-or-drops-in-one-bedroom-rent/) - LAS VEGAS, NV – There are several neighborhoods in the Las Vegas Valley where rents on one-bedroom apartments are spiking, while there are others where that cost is steadily dropping, signifying that the current market is in a state of intense flux, according to a new report by online rental platform Zumper. As for where the
- [Top Questions to Ask Before Signing a Property Management Contract in Las Vegas](https://www.shelterrealty.com/2025/11/15/top-questions-to-ask-before-signing-a-property-management-contract-in-las-vegas/) - Learn the essential questions to ask before signing a Las Vegas property management contract. Understand services, fees, liability, termination and contract length.
- [Las Vegas Luxury Condo Developer Secures $686 Loan from J.P. Morgan, Sculptor](https://www.shelterrealty.com/2025/11/14/las-vegas-luxury-condo-developer-secures-686-loan-from-j-p-morgan-sculptor/) - LAS VEGAS, NV – The developers of a new luxury high-rise condominium building in Henderson that is currently underway has just obtained a $686 million loan for construction financing from J.P. Morgan, Sculptor Real Estate, and Morning Calm Management. Four Seasons Private Residences Las Vegas – which has already had an extensive amount of work put into
- [Clark County Approves Project to Replace Condo Project Destroyed in Fire with New Apartments](https://www.shelterrealty.com/2025/11/12/clark-county-approves-project-to-replace-condo-project-destroyed-in-fire-with-new-apartments/) - LAS VEGAS, NV – Following a highly-destructive fire that laid waste to a long-dormant high-rise condominium project that was never completed, Clark County commissioners have approved a plan to construct a new apartment building in its place. Las Vegas developer Brock Metzka, owner of Edward Homes, was given the go-ahead to build a five-story, 255-unit apartment
- [Apartment Rents in Las Vegas Drop Over 4 Percent Year-Over-Year, Higher Than National Average](https://www.shelterrealty.com/2025/11/10/apartment-rents-in-las-vegas-drop-over-4-percent-year-over-year-higher-than-national-average/) - LAS VEGAS, NV – As more and more construction projects are completed in an effort to address Las Vegas’ affordable housing crisis, apartment rents in Southern Nevada have dropped significantly, with a new report indicating a recent decrease of over four percent from 2024. According to RealPage Market Analytics, apartment rents in September had plunged 4.1
- [Monthly Las Vegas Rental Report: How Much Can Homeowners Expect for Rent? (November)](https://www.shelterrealty.com/2025/11/08/monthly-las-vegas-rental-report-how-much-can-homeowners-expect-for-rent-november/) - LAS VEGAS, NV - The latest rental market snapshot shows further softening as of early November 2025. Zillow now reports the average rent for all bedrooms and all property types across Las Vegas at $1,923 per month, a $27 month-over-month decrease and $77 lower year-over-year (last updated Nov 6, 2025). Meanwhile, Zumper lists the median
- [Las Vegas Property Management: What Services Does Full-Service Management Typically Include?](https://www.shelterrealty.com/2025/11/07/las-vegas-property-management-what-services-does-full-service-management-typically-include/) - Learn what full-service Las Vegas property management includes, from leasing and maintenance to accounting, inspections and tenant screening.
- [Las Vegas October Home Prices Remain Just Below All-Time Record High Despite Large Surplus of Inventory](https://www.shelterrealty.com/2025/11/07/las-vegas-october-home-prices-remain-just-below-all-time-record-high/) - LAS VEGAS, NV – According to a new report by Las Vegas Realtors (LVR), in October home prices in Southern Nevada remained just below their all-time record high, despite the fact that housing inventory is currently high and sales are down 10.1 percent year-over-year. In October, the median price of a single-family home in the Las
- [Las Vegas Sets Record for Average Sale Price of Luxury High-Rise Condos in Q3](https://www.shelterrealty.com/2025/11/05/las-vegas-sets-record-for-average-sale-price-of-luxury-high-rise-condos-in-q3/) - LAS VEGAS, NV – The average sale price of luxury high-rise condominiums in Las Vegas in the third quarter reached an all-time record high, with that milestone bolstered by a sale at the Waldorf Astoria that was the second priciest of the year at $9.5 million. In the third quarter, 199 high-rise condos exchanged hands in
- [Summerlin vs Henderson: What Real Estate Looks Like in the Las Vegas Valley in 2025](https://www.shelterrealty.com/2025/11/05/summerlin-vs-henderson-what-real-estate-looks-like-in-the-las-vegas-valley-in-2025/) - LAS VEGAS, NY - When choosing where to settle in the Las Vegas Valley, two names often stand out: Summerlin and Henderson. Both communities are among the most desirable places to live in Southern Nevada, attracting families, professionals, and retirees. Each area has its unique strengths, from well-planned neighborhoods and top-rated schools to lifestyle amenities
- [Following Latest Federal Reserve Rate Cut, Mortgage Rates Increase by 20 Basis Points](https://www.shelterrealty.com/2025/11/03/following-latest-federal-reserve-rate-cut-mortgage-rates-increase-by-20-basis-points/) - LAS VEGAS, NV – As a result of the Federal Reserve’s latest benchmark interest rate cut made late last week, rates on home mortgages – instead of lowering as one would expect – actually increased, which is news that many prospective home buyers certainly did not want to hear. Last Tuesday, the average rate on the
- [Construction Begins on Replacement for Windsor Park Community After Original Homes Sank into Ground](https://www.shelterrealty.com/2025/10/31/construction-begins-on-replacement-for-windsor-park-community-after-original-homes-sank-into-ground/) - LAS VEGAS, NV – After finally securing the vital public funding required to carry out the project, construction officially began this week on a new housing tract that is being developed for the beleaguered residents of Windsor Park, whose original homes have suffered immense structural damage as a result of slowly sinking into the ground for decades.
- [Serene Estates, New Upscale Housing Project, Under Construction in Henderson](https://www.shelterrealty.com/2025/10/29/serene-estates-new-upscale-housing-project-under-construction-in-henderson/) - LAS VEGAS, NV – Trust Home Builders, a Las Vegas-based real estate firm, is currently constructing a new, upscale housing community in Henderson, in addition to having several other similar projects lined up for development in the near future as well. The luxury community, dubbed Serene Estates, is located on six-lots located along Serene Avenue just
- [Developer Acquires 8.5-Acre Las Vegas Site for 368-Unit Luxury Rental Community](https://www.shelterrealty.com/2025/10/27/developer-acquires-8-5-acre-las-vegas-site-for-368-unit-luxury-rental-community/) - LAS VEGAS, NV – A luxury rental community is slated to be constructed upon a newly-purchased 8.5-acre plot of land located 15 minutes south of the Las Vegas Strip as part of a joint partnership between real estate investor/operator Waterton and multifamily developer and manager The NRP Group. The community, which will be targeting the tastes –
- [Despite Concern of Locals, New Las Vegas Housing Project Moves One Step Closer to Construction](https://www.shelterrealty.com/2025/10/24/despite-concern-of-locals-new-las-vegas-housing-project-moves-one-step-closer-to-construction/) - LAS VEGAS, NV – Despite the concerns of local residents in the surrounding areas, a new housing project that is slated to be constructed in a rural part of the Las Vegas Valley was given the go-ahead by the Clark County Planning Commission this week. Plans by Richmond American Homes to build a 99-lot subdivision on 19
- [Clark County Commissioner Says Solution to Housing Crisis Will Not Induce Sprawl](https://www.shelterrealty.com/2025/10/22/clark-county-commissioner-says-solution-to-housing-crisis-will-not-induce-sprawl/) - LAS VEGAS, NV – At a recent Clark County Commission meeting, Commissioner Jim Gibson noted that local residents need not worry about the solution to the municipality’s housing crisis inducing sprawl, which is defined as low-density development expanding outward from a city, characterized by single-use zones and heavy reliance on cars. Gibson issued that statement as a
- [Profits Margins on Home Sales in Las Vegas Still Higher than National Average](https://www.shelterrealty.com/2025/10/20/profits-margins-on-home-sales-in-las-vegas-still-higher-than-national-average/) - LAS VEGAS, NV – Despite the fact that numerous experts are say the residential real estate market in the Las Vegas Valley is in the process of transitioning to one that is now favoring buyers, home sellers are nonetheless still making healthy profits that are higher than the national average and still above pre-pandemic levels. Home sellers
- [Las Vegas Raiders Owner Mark Davis Sells Summit Club Condo for $10.5 Million](https://www.shelterrealty.com/2023/02/22/las-vegas-raiders-owner-mark-davis-sells-summit-club-condo-for-10-5-million/) - LAS VEGAS, NV – The luxury real estate market in Southern Nevada recorded its top transaction in January when Mark Davis, owner of the Las Vegas Raiders NFL team, sold his Summit Club condominium for an impressive $10.5 million. Davis’ condo was built in 2021 and comes in at 2,662 square feet in size, with two bedrooms
- [Prices of Las Vegas Homes Increase in July 2023; Condos and Townhomes Drop, However](https://www.shelterrealty.com/2023/08/09/prices-of-las-vegas-homes-increase-in-july-2023-condos-and-townhomes-drop-however/) - LAS VEGAS, NV – The housing market in Las Vegas continued its upward trend in July 2023, with the median price of a pre-existing, single-family home increasing by over $9,000 month-over-month, showing a sustained degree of growth that unfortunately was not shared in the city's condominium and townhome markets. A new report released by Las
- [August Home Prices in Vegas Remain Stable, Condo Prices Reach All-Time Record](https://www.shelterrealty.com/2023/09/06/august-home-prices-in-las-vegas-remain-stable-condo-prices-reach-all-time-record-high/) - LAS VEGAS, NV – The prices of homes in Las Vegas during the month of August remained stable but in contrast, the prices condominiums and townhomes fetched during that span of time reached an all-time record high according to new report released by Las Vegas Realtors on Wednesday. The median price for an existing single-family
- [Townhomes, Condos Become Serious Alternatives for Buyers Priced Out of Las Vegas House Market](https://www.shelterrealty.com/2023/09/20/townhomes-condos-become-serious-alternatives-for-buyers-priced-out-of-las-vegas-house-market/) - LAS VEGAS, NV – With the housing market – both in Las Vegas and nationwide – breeding affordability concerns and pricing many out of the market altogether, buyers have been turning to more affordable options such as townhomes and condominiums. Southern Nevada developers, in turn, have sat up and taken notice, with more of them focusing on
- [Construction Begins in Las Vegas on Luxury High-Rise Condominium Cello Tower](https://www.shelterrealty.com/2023/11/22/construction-begins-in-las-vegas-on-luxury-high-rise-condominium-cello-tower/) - LAS VEGAS, NV – Construction on the luxury high-rise condominium Cello Tower is slated to begin soon, with the ritzy residential complex to be connected to the Origin at Symphony Park mixed-use enclave in Downtown Las Vegas, according to Red Ridge Development. Cello Tower will be comprised of eight penthouse suites beginning at $4.5 million,
- [Top Condo Sales of 2023: Las Vegas Raiders Owner Mark Davis at Number One with $10.5 Million](https://www.shelterrealty.com/2024/01/25/top-condo-sales-of-2023-las-vegas-raiders-owner-mark-davis-at-number-one-with-10-5-million/) - LAS VEGAS, NV – 2023 saw an impressive number of condominium sales in Las Vegas, with the highest-priced property that exchanged hands last year taking place courtesy of Mark Davis, the owner of the Las Vegas Raiders NFL team, who sold off his condo located in Summerlin’s affluent The Summit Club for a cool $10.5 million.
- [Following Slowest Year in Decade, Las Vegas Home, Condo Sales Rebound in January 2024](https://www.shelterrealty.com/2024/02/07/following-slowest-year-in-decade-las-vegas-home-condo-sales-rebound-in-january-2024/) - LAS VEGAS, NV – With 2023 representing the slowest year for real estate in Las Vegas in over a decade, January 2024 showed a significant rebound with both home and condominium sales improving significantly, giving experts hope that the upcoming year will show great improvement as the national economy continues to stabilize. According to a new
- [Las Vegas Home Prices in July Up 6.7% Year-Over-Year, Condos Hit All-Time High](https://www.shelterrealty.com/2024/08/07/las-vegas-home-prices-in-july-up-6-7-year-over-year-condos-hit-all-time-high/) - LAS VEGAS, NV – According to a new report released by a Las Vegas-based real estate industry group, the prices of homes in Southern Nevada increased in July – continuing their recent upward trajectory – whereas the cost of condominiums and townhomes reached an all-time record high. Las Vegas Realtors notes that the median price of an
- [Condo, Townhome Prices in Vegas Hit All-Time High in September; Home Prices Drop Slightly](https://www.shelterrealty.com/2024/10/11/condo-townhome-prices-in-vegas-hit-all-time-high-in-september-home-prices-drop-slightly/) - LAS VEGAS, NV – As per a new report by Las Vegas Realtors (LVR), the median price of condominiums and townhomes in Vegas during the month of September hit their all-time high, while single-family home prices dropped ever-so-slightly still remaining perilously close to record levels. In September, the median price of condos and townhomes in the Valley
- [Las Vegas Home Prices Drop Further in October, Condos, Townhomes Continue to Set Records](https://www.shelterrealty.com/2024/11/06/las-vegas-home-prices-drop-further-in-october-condos-townhomes-continue-to-set-records/) - LAS VEGAS, NV – According to a new report by a local industry group, the prices of homes in Southern Nevada continued to drop in October for the second month in a row, while condominiums and townhomes – prices of which already hit an all-time high last month – continued to set records. As per Las Vegas
- [Las Vegas High-Rise Condo Prices Hit All-Time Record High in 2024 Despite Falling Sales](https://www.shelterrealty.com/2025/02/12/las-vegas-high-rise-condo-prices-hit-all-time-record-high-in-2024-despite-falling-sales/) - LAS VEGAS, NV – The average sales price of condominiums in Las Vegas in 2024 reached an all-time record high of nearly $700,000, despite the fact that sales dropped to their lowest level in the past five years, as per a new report released by research firm Applied Analysis. Condo prices in Las Vegas in 2024 reached
- [Luxury Penthouse Condo in Summerlin’s Summit Club Listed for Record-Breaking $25 Million](https://www.shelterrealty.com/2025/04/18/luxury-penthouse-condo-in-summerlins-summit-club-listed-for-record-breaking-25-million/) - LAS VEGAS, NV – A swanky penthouse condominium situated within the clubhouse in Summerlin’s luxury guard-gated residential community The Summit Club has been listed on the market for a whopping $25 million, which – if it sells for that impressive price – would overshadow the previous record-holder of such a property by almost $9 million. The
- [Howard Hughes Holdings May Build High-Rise Condo Project in Summerlin](https://www.shelterrealty.com/2025/05/19/howard-hughes-holdings-may-build-high-rise-condo-project-in-summerlin/) - LAS VEGAS, NV – Howard Hughes Holdings, developer of the Summerlin master-planned community, is currently considering adding a new high-rise condominium complex to the other projects they have erected in the area, including the Downtown Summerlin open-air shopping mall, apartment buildings, a baseball park, and a recently-opened retail shopping center. David O’Reilly, Howard Hughes Holdings’ CEO, noted
- [Condo, Townhome Prices in Las Vegas Increasing Due to Demand Fueled by High House Prices](https://www.shelterrealty.com/2025/06/16/condo-townhome-prices-in-las-vegas-increasing-due-to-demand-fueled-by-high-house-prices/) - LAS VEGAS, NV – According to a new report released by Las Vegas Realtors (LVR), prices of condominiums and townhomes in the Las Vegas Valley are on the rise due to increasing demand fueled by high house prices in the region. Based on LVR data pulled from the Multiple Listing Service, the median price of a condo
- [Prices of Vegas Condominiums Increase 26% Year-Over-Year, Breaking Record; Slight Increases Still Expected](https://www.shelterrealty.com/2021/11/29/prices-of-vegas-condominiums-increase-26-year-over-year-breaking-record-slight-increases-still-expected/) - LAS VEGAS, NV – A report released recently by Las Vegas Realtors (LVR) indicates that the cost of condominiums and townhomes in Southern Nevada have broken an all-time record, showing a whopping increase of 26 percent year-over-year. According to the report, as of October 2021 the median price of Las Vegas condos and townhomes was approximately
- [Juhl in Downtown Las Vegas Offers Unique Combo Live/Work Condominiums; Offering $25,000 Tenant Improvement Credit](https://www.shelterrealty.com/2022/11/14/juhl-in-downtown-las-vegas-offers-unique-combo-live-work-condominiums/) - LAS VEGAS, NV – For entrepreneurs seeking an integration of their life and work experience into a single flexible space, Juhl, located in downtown Las Vegas, offers the unique combination of a luxury condominium with office, commercial or retail space that’s sure to appeal to go-getters looking to establish their brand while living where they work.
- [Las Vegas Formula 1 Race Drives Record-Braking Sales of High-Rise Condominiums for Views of Racecourse](https://www.shelterrealty.com/2023/11/17/las-vegas-formula-1-race-drives-record-braking-sales-of-high-rise-condominiums/) - LAS VEGAS, NV – Realtors in Las Vegas have noted that sales of high-rise condominiums have gone through numerous ups and downs since the mid-2000's recession. However, the latest surge in the market has been driven by something taking many by surprise: the phenomenon known as sports tourism, with the latest example being driven by an
- [Amount of Las Vegas Homes Owned by Millionaires Triples from 2019 to 2025](https://www.shelterrealty.com/2025/10/15/amount-of-las-vegas-homes-owned-by-millionaires-triples-from-2019-to-2025/) - LAS VEGAS, NV – According to one of the top luxury real estate agents in the Las Vegas Valley, the number of homes owned by millionaire residents in Southern Nevada in 2025 has increased by a factor of three since 2019, illustrating the growing appeal of the region to affluent members of society. IS Luxury real
- [Million-Dollar Las Vegas Homes by Luxury Builder Allegedly Crumbling Mere Years After Being Built](https://www.shelterrealty.com/2025/10/13/million-dollar-las-vegas-homes-by-luxury-builder-allegedly-crumbling-mere-years-after-being-built/) - LAS VEGAS, NV – Several owners of homes in Del Webb in Lake Las Vegas are complaining that their million-dollar luxury residences are crumbling just a few years after they were built, and they’re blaming the community’s parent company – PulteGroup – for the issues currently plaguing them. Residents are reporting problems such as tilting floors,
- [How to Safely Manage Out-of-State Rental Properties via a Vegas Property Manager](https://www.shelterrealty.com/2025/10/13/how-to-safely-manage-out-of-state-rental-properties-via-a-vegas-property-manager/) - Learn how to efficiently manage your Las Vegas rental properties from out-of-state with the help of a professional property manager. Ensure tenant satisfaction, protect your investment, and streamline operations remotely.
- [How to Choose the Best Property Management Company in Las Vegas](https://www.shelterrealty.com/2025/10/10/how-to-choose-the-best-property-management-company-in-las-vegas/) - Discover how to select the right property management company in Las Vegas. Learn key factors like experience, local expertise, fees, services, and tenant reviews to ensure a reliable and profitable partnership.
- [What Impact Could the Government Shutdown Have on Mortgage Rates?](https://www.shelterrealty.com/2025/10/10/what-impact-could-the-government-shutdown-have-on-mortgage-rates/) - LAS VEGAS, NV – While they have dropped slightly in recent months, interest rates on mortgages still remain at historically high levels; however, as the Federal Government’s current shutdown drags on – fueled by the impasse between Republicans and Democrats on a new spending bill – experts have speculated its potential impact on home borrowing costs.
- [Las Vegas Home Prices Continue to Fall as September Median Price Hits $470,000](https://www.shelterrealty.com/2025/10/08/las-vegas-home-prices-continue-to-fall-as-sept-median-price-hits-470000/) - LAS VEGAS, NV – A new report by Las Vegas Realtors (LVR) indicates that home prices in Southern Nevada are continuing to fall – and available inventory keeps rising – following an extended streak where they held onto the all-time record high point earlier this year. As per LVR, in September the median price of an existing
- [Las Vegas Realtors President: Local Housing Market “Going Through a Reset”](https://www.shelterrealty.com/2025/10/06/las-vegas-realtors-president-local-housing-market-going-through-a-reset/) - LAS VEGAS, NV – In a recent interview, Las Vegas Realtors (LVR) President George Kypreos commented on the current conditions of the housing market in Southern Nevada, noting that it was in the process of “going through a reset” and offering advice to both home buyers and sellers on how to best take advantage of the
- [Local Rental Market Report: How Much Can Homeowners Expect for Rent? (October)](https://www.shelterrealty.com/2025/10/07/local-rental-market-report-how-much-can-homeowners-expect-for-rent-october/) - LAS VEGAS, NV – The latest rental market snapshot shows continued softening in early October 2025. Zillow now reports the average rent (all bedrooms, all property types) across Las Vegas at $1,950 per month, a $37 month-over-month dip and $50 lower year-over-year (last updated Oct 4, 2025). In contrast, Zumper lists the citywide median rent (all
- [Vegas Shifting Sharply Toward Buyer’s Market Due To Higher Mortgage Rates, Rising Home Prices](https://www.shelterrealty.com/2025/10/03/vegas-shifting-sharply-toward-buyers-market-due-to-higher-mortgage-rates-rising-home-prices/) - LAS VEGAS, NV – After an extended period of time where sellers held a tight grip on the residential real estate industry, a new study claims that the Las Vegas Valley has “firmly” transitioned into a market that now more strongly favors buyers. According to a new report released by real estate brokerage services company Redfin, Las
- [240 Acres in Las Vegas Sells for $100 Million; Developer Plans to Build Hundreds of Houses](https://www.shelterrealty.com/2025/10/01/240-acres-in-las-vegas-sells-for-100-million-developer-plans-to-build-hundreds-of-houses/) - LAS VEGAS, NV – A developer has plans to build hundreds of homess upon a large Las Vegas land tract that was recently purchased by an investment firm from Summerlin developer Howard Hughes Holdings for over $100 million. Hearthstone, a Southern California firm that invests in homebuilding projects, bought the 240 acres of land from Hughes Holdings
- [UNLV Study Says to be a Homebuyer in Las Vegas Requires $119K Annual Salary](https://www.shelterrealty.com/2025/09/29/unlv-study-says-to-be-a-homebuyer-in-las-vegas-requires-119k-annual-salary/) - LAS VEGAS, NV – Illustrating how rising prices in the United States are impacting the average family, a new study by the University of Nevada, Las Vegas’ Lied Center for Real Estate notes that homebuyers in Las Vegas need to be earning an annual salary of at least $119,000 in order to afford a home in the
- [Critical Funding Secured for North Las Vegas Windsor Park Project, Construction Phase to Finally Commence](https://www.shelterrealty.com/2025/09/26/critical-funding-secured-for-north-las-vegas-windsor-park-project-construction-phase-to-finally-commence/) - LAS VEGAS, NV – Beleaguered families living in Windsor Park – a neighborhood located in North Las Vegas whose homes have been sinking into the ground for decades – got some good news this week, as critical funding for the construction of new residences has finally been secured, allowing the development phase of the long-delayed project
- [Two New Luxury Las Vegas High-Rise Projects Under Construction Already Boasting Over $800 Million in Sales](https://www.shelterrealty.com/2025/09/24/two-new-luxury-las-vegas-high-rise-projects-under-construction-already-boasting-over-800-million-in-sales/) - LAS VEGAS, NV – Two high-rise luxury apartment complexes in Las Vegas that are currently under construction have shown the continued and strong demand for high-end accommodations in Southern Nevada, with the two projects already having recorded a combined total of over $800 million in sales before either has even opened their doors for business. Construction for
- [Elon Musk’s The Boring Company Planning to Build Las Vegas Multi-Family Housing Unit](https://www.shelterrealty.com/2025/09/22/elon-musks-the-boring-company-planning-to-build-las-vegas-multi-family-housing-unit/) - LAS VEGAS, NV – South African tech mogul Elon Musk’s The Boring Company is planning to construct a multi-family apartment complex in Las Vegas that will be connected to its underground loop “people mover” system, with the project having recently cleared a significant milestone by having been granted much-needed land-use permits by the Clark County Commission. The
- [Heirloom at Rome, New Affordable Housing Complex in Las Vegas, Opens](https://www.shelterrealty.com/2025/09/19/heirloom-at-rome-new-affordable-housing-complex-in-las-vegas-opens/) - LAS VEGAS, NV – With affordable housing options in short supply across Southern Nevada, particularly for older residents, a new development in the northern Las Vegas Valley is aiming to help fill the gap. Dubbed Heirloom at Rome, the 276-unit complex at Rome and Decatur boulevards was developed by Ovation Development Corp. and is specifically
- [Las Vegas Nevada Among Top 3 Major Metros Where Rent is Dropping the Most](https://www.shelterrealty.com/2025/09/17/las-vegas-nevada-among-top-3-major-metros-where-rent-is-dropping-the-most/) - LAS VEGAS, NV – According to a new Realtor.com report, with the high costs associated with purchasing a home leaving that option out of reach for many, the rental market is becoming a more attractive alternative in terms of affordability. Prices have been going down in that particular market, with 0–2 bedroom properties showing consistent year-over-year
- [Midwest Apartment Developer Announces Several Las Vegas-Based Projects](https://www.shelterrealty.com/2025/09/15/midwest-apartment-developer-announces-several-las-vegas-based-projects/) - LAS VEGAS, NV – Cleveland-based apartment developer NRP Group has announced that they are actively working on several projects in the Las Vegas Valley – including both affordable-housing and luxury complexes – in an effort, they say, to address ongoing housing shortages in Southern Nevada. According to NRP Vice President of Development Mike Moriarty, while there are
- [Homeowners Growing Increasingly Frustrated with Clark County’s Short-Term Rental Licensing Woes](https://www.shelterrealty.com/2025/09/12/homeowners-growing-increasingly-frustrated-with-clark-countys-short-term-rental-licensing-woes/) - LAS VEGAS, NV – Las Vegas homeowners are growing increasingly frustrated with Clark County’s sluggish short-term rental licensing process, especially in light of the fact that the municipality admitted earlier this year that they were processing a mere six applications a week. While many people are being forced to wait literally years for their licenses, they are
- [Las Vegas Market Returning to Stability Following August Home Price Drop, Industry Group Says](https://www.shelterrealty.com/2025/09/10/las-vegas-market-returning-to-stability-following-august-home-price-drop-industry-group-says/) - LAS VEGAS, NV – A new report by Las Vegas Realtors (LVR) reveals that home prices in Las Vegas showed a slight drop in August when compared to the all-time record high level they hit once again the month before, potentially signaling the return of stability to the Southern Nevada real estate market, despite the fact that
- [What You Should Know About Renting in Las Vegas in 2025](https://www.shelterrealty.com/2025/09/09/what-you-should-know-about-renting-in-las-vegas-in-2025/) - LAS VEGAS, NV - Renting in Las Vegas in 2025 offers both opportunities and challenges for tenants, young professionals, and newcomers to the city. Known for its vibrant lifestyle, favorable tax environment, and growing job market, Las Vegas continues to attract residents from across the country. However, as with any growing metropolitan area, the rental
- [Local Rental Market Report: How Much Can Homeowners Expect for Rent? (September)](https://www.shelterrealty.com/2025/09/08/local-rental-market-report-how-much-can-homeowners-expect-for-rent-september/) - LAS VEGAS, NV - The latest rental market snapshot shows a continuing shift in Las Vegas rents as of early September 2025. Zillow now reports the average rent for all bedrooms and property types across the valley at $1,971 per month, reflecting a $24 month-over-month decrease and a $79 drop year-over-year. In contrast, Zumper lists
- [Experts Tell Las Vegas Residents “Don’t Worry” About Rise in Housing Notices of Default](https://www.shelterrealty.com/2025/09/08/experts-tell-las-vegas-residents-dont-worry-about-rise-in-housing-notices-of-default/) - LAS VEGAS, NV – Las Vegas Valley property owners have experienced a whopping 28 percent spike in notices of default (NODs) year-over-year, but experts are telling residents “don’t worry” when it comes to the overall residential real estate market, saying it is simply fallout from the economic woes much of the nation is experiencing right now and
- [First Affordable Housing Community Announced for North Las Vegas](https://www.shelterrealty.com/2025/09/05/first-affordable-housing-community-announced-for-north-las-vegas/) - LAS VEGAS, NV – A new affordable housing community in North Las Vegas – the first of its kind in the city – has been announced by the NRP Group, a developer, builder, and manager of multifamily housing. The groundbreaking of the community – dubbed North & Valley – is scheduled to take place later this September.
- [Las Vegas Homebuilders Dialing Back Construction Plans Amid Slowing Sales](https://www.shelterrealty.com/2025/05/27/las-vegas-homebuilders-dialing-back-construction-plans-amid-slowing-sales/) - LAS VEGAS, NV – Home builders in Las Vegas are starting to slow down their construction plans and output amid a dip in sales that is being attributed to both high prices and high interest rates on home mortgages in Southern Nevada. According to a newly-released report by Las Vegas-based Home Builders Research, in Las Vegas in
- [Bureau of Land Management to Hold Auction for 90 Acres Throughout Vegas Valley in March](https://www.shelterrealty.com/2025/01/01/bureau-of-land-management-planning-to-hold-auction-for-90-acres-throughout-vegas-valley/) - LAS VEGAS, NV – In an attempt to address the current housing crisis in Southern Nevada, the Bureau of Land Management (BLM) announced they will be auctioning off approximately 90 acres of land located throughout the Las Vegas Valley this upcoming March. According to a notice posted by the BLM on the Federal Register, the online-based auction
- [Nevada Governor’s Attempt to Designate Evictions as “Non-Essential” Blocked by Judge](https://www.shelterrealty.com/2020/12/09/nevada-governors-attempt-to-designate-evictions-as-non-essential-blocked-by-judge/) - LAS VEGAS, NV - According to reports, a judge has blocked an attempt by Nevada Governor Steve Sisolak's office to designate evictions as “non-essential” during the COVID-19 pandemic, opening the doors for landlords to begin eviction proceedings that go into effect at the end of December when a federal mandate against them is set to
- [Judge Temporarily Blocks Clark County Short-Term Rental Rules Amid GLVSTRA/Airbnb Lawsuit](https://www.shelterrealty.com/2025/09/03/judge-temporarily-blocks-clark-county-short-term-rental-rules-amid-glvstra-airbnb-lawsuit/) - LAS VEGAS, NV – A judge has granted a temporary injunction blocking the rollout of Clark County rules governing short-term rentals while a lawsuit brought against the municipality by the Greater Las Vegas Short-Term Rental Association (GLVSTRA) and Airbnb proceeds through the court system. The rules were originally set to go into effect on Monday, September 1,
- [Infamous Las Vegas Underground Bunker Home Back on Market for $8.5 Million](https://www.shelterrealty.com/2025/09/02/infamous-las-vegas-underground-bunker-home-back-on-market-for-8-5-million/) - LAS VEGAS, NV – Las Vegas' infamous “Underground House” has been listed on the market this week, with the seller asking a cool $8.5 million for the extraordinarily unique and eccentric subterranean residence. Essentially a “doomsday bunker” located 26 feet underground – with a 2,300 square-foot, two-bedroom house located above-ground that serves as a gateway to entering
- [Las Vegas Underground Bunker Home Still on Market, Price Lowered to $6 Million](https://www.shelterrealty.com/2023/05/08/las-vegas-underground-bunker-home-still-on-market-price-lowered-to-6-million/) - LAS VEGAS, NV – Las Vegas' infamous “Underground House” – a “doomsday bunker” built 26 feet underground in 1978 by Avon cosmetics executive and subterranean living enthusiast Jerry Henderson – is still languishing on the market since it was first listed in 2019 for $18 million. However, the asking price has recently been lowered due to the lack
- [What to Do With Inherited Property in Las Vegas: A Guide for New Owners or Accidental Landlords](https://www.shelterrealty.com/2025/08/28/what-to-do-with-inherited-property-in-las-vegas-a-guide-for-accidental-landlords/) - LAS VEGAS, NV - Inheriting a home in Las Vegas can be a blessing and/or a burden. Whether it came from a parent, relative, or close friend, you're now faced with some big decisions, especially if you're not sure what to do next. Should you sell it? Rent it? Keep it for future use? This
- [Number of Luxury Las Vegas Listings on Market Jumps Over 40% Amid Lowering Prices](https://www.shelterrealty.com/2025/08/22/number-of-luxury-las-vegas-listings-on-market-jumps-over-40-amid-lowering-prices/) - LAS VEGAS, NV – Las Vegas currently has a record-breaking number of luxury homes listed on the market – defined as properties priced at $1 million or higher – while sellers are scrambling to cut deals by lowering prices amid the competition. Luxury listings in Vegas have increased a whopping 42 percent year-over-year, which is over 50
- [What to Look for in a Property Management Company for Luxury Homes in Las Vegas](https://www.shelterrealty.com/2025/08/20/what-to-look-for-in-a-property-management-company-for-luxury-homes-in-las-vegas/) - LAS VEGAS, NV - Owning a luxury home in Las Vegas can be a rewarding experience, but it also brings a unique set of challenges. Whether you are renting out your property or simply need professional management, finding the right property management company is essential to ensure your investment is protected and your property is
- [Las Vegas Homeowner Successfully Sues Clark County Over Short-Term Rental License Denial](https://www.shelterrealty.com/2025/08/20/las-vegas-homeowner-successfully-sues-clark-county-over-short-term-rental-license-denial/) - LAS VEGAS, NV – An elderly Las Vegas Valley homeowner successfully sued Clark County over the denial of her license to operate a short-term rental, with a judge agreeing with her lawyers that her constitutional rights were violated by the municipality. Clark County’s short-term rental license approval process has been mired in red tape, with applicants left
- [Redfin Report Says Las Vegas Valley Cooling Faster than Any Housing Market in Country](https://www.shelterrealty.com/2025/08/18/redfin-report-says-las-vegas-valley-cooling-faster-than-any-housing-market-in-country/) - LAS VEGAS, NV – According to a new report released by real estate brokerage services company Redfin, the Las Vegas Valley is currently the fastest-cooling housing market in the United States. In June 2025, the amount of home sales in the valley decreased 10.2 percent when compared to the same month one year prior; in contrast, the
- [Las Vegas’ Rent Lower Than Other Metros with Similar Populations, Report Says](https://www.shelterrealty.com/2025/08/15/las-vegas-rent-lower-than-other-metros-with-similar-populations-report-says/) - LAS VEGAS, NV – As per a newly-released report, the rent in the Las Vegas Valley is actually lower than other major metropolitan areas throughout the country with similar population sizes. According to Zumper, as of the beginning of June 2025, the median price for a one-bedroom rental unit in Clark County was $1,250 per month, making
- [Report Shows Increasing Number of Las Vegas Residents Falling Behind on Mortgage Payments](https://www.shelterrealty.com/2025/08/13/report-shows-increasing-number-of-las-vegas-residents-falling-behind-on-mortgage-payments/) - LAS VEGAS, NV – According to a newly-released report, a growing percentage of homeowners in Las Vegas are falling behind on their mortgage payments when compared to just one year prior. As per the University of Nevada, Las Vegas’ (UNLV) Lied Center for Real Estate, in Clark County in the first six months of 2025, approximately 1,290
- [Despite Decline in Sales, Las Vegas Home Prices Remain at All-Time Record High in July](https://www.shelterrealty.com/2025/08/11/despite-decline-in-sales-las-vegas-home-prices-remain-at-all-time-record-high-in-july/) - LAS VEGAS, NV – Despite the fact that inventory levels continue to grow and sales are at lower levels when compared to the same period of time one year prior, home prices in Las Vegas remained at their all-time record high in July 2025, according to a new report released by Las Vegas Realtors (LVR). As
- [East Las Vegas Short-Term Rental Accumulates $22,000 in Fines Amid Community Complaints](https://www.shelterrealty.com/2025/08/08/east-las-vegas-short-term-rental-accumulates-22000-in-fines-amid-community-complaints/) - LAS VEGAS, NV – A short-term rental that has been operating in the east Las Vegas Valley has been amassing a growing pile of fines amid a plethora of code violations and multiple complaints by its surrounding community. The property in question has drawn the ire of the neighborhood’s residents and Clark County code enforcement officials due
- [Local Rental Market Report: How Much Can Homeowners Expect for Rent?](https://www.shelterrealty.com/2025/08/07/local-rental-market-report-what-can-homeowners-expect-today/) - LAS VEGAS — The latest rental market figures are in, and local property owners may be in for a surprise. Zillow reports the average rent for all bedrooms and all property types across Las Vegas sits at $1,995 per month, a decrease of $105 year-over-year, as of August 5, 2025. Meanwhile, Zumper places the median
- [AI Not Expected to Ever Replace Real Estate Agents, New Study Says](https://www.shelterrealty.com/2025/08/06/ai-not-expected-to-ever-replace-real-estate-agents-new-study-says/) - LAS VEGAS, NV - Artificial Intelligence (AI) is in the middle of a huge boom right now, with the controversial technology expanding its abilities by leaps and bounds on a seemingly daily basis, leading to very real concerns that it could take jobs away from hardworking human beings. Real estate is one field that has
- [Historic Former Las Vegas Home of Lonnie Hammargren for Sale at $2.5 Million](https://www.shelterrealty.com/2025/08/04/historic-former-las-vegas-home-of-lonnie-hammargren-for-sale-at-2-5-million/) - LAS VEGAS, NV – The historic home of a late and extremely notable Las Vegas resident has just gone on the market for $2.5 million, with the property boasting more than a few unusual touches that should only serve to magnify its appeal to buyers. Lonnie Hammargren, who passed away in 2023, was a former university regent,
- [Master-Planned Communities in Henderson, Summerlin Among Top in Nation for Homebuilders](https://www.shelterrealty.com/2025/08/01/master-planned-communities-in-henderson-summerlin-among-top-in-nation-for-homebuilders/) - LAS VEGAS, NV – Master-planned communities located within Henderson and Summerlin in Southern Nevada are among the very top in the United States among homebuilders in 2025, despite the fact that buyers nationwide have been exhibiting cold feet as of late due to high house prices and interest rates on mortgages. So far this year through the
- [Vacant Las Vegas Hostel Previously Owned by Tony Hsieh Purchased for Over $3 Million](https://www.shelterrealty.com/2025/07/30/vacant-las-vegas-hostel-previously-owned-by-tony-hsieh-purchased-for-over-3-million/) - LAS VEGAS, NV – A vacant and shuttered hostel located in Las Vegas’ downtown area that had previously been owned by the late Tony Hsieh has been sold for over $3 million, according to court and property records, with the sale having closed on July 11. Las Vegas Hostel, located at 1322 Fremont Street, was purchased
- [Work on New Las Vegas Chinatown Area Apartment Complex Anticipated to Start in November](https://www.shelterrealty.com/2025/07/28/work-on-new-las-vegas-chinatown-area-apartment-complex-anticipated-to-start-in-november/) - LAS VEGAS, NV – A Southern Nevada developer has announced plans to develop a mixed-use apartment and retail complex in Las Vegas’ Chinatown area in a section known for urban blight such as graffiti, as well as a series of fires over the years. Construction is anticipated to begin as early as November of this year. Jonathan
- [Number of Senior Renters in Las Vegas Valley Jumped Over 30 Percent in Past Decade](https://www.shelterrealty.com/2025/07/25/number-of-senior-renters-in-las-vegas-valley-jumps-over-30-percent-in-past-decade/) - LAS VEGAS, NV – A new study indicates that the number of senior renters in the Las Vegas Valley has jumped by a significant degree over the course of the past decade, with experts chiming in with several reasons as to why that may be the case. Point2Homes, citing data from the U.S. Census Bureau, released a
- [What Are The Best Neighborhoods For Rental ROI In Las Vegas Valley When Buying Investment Property?](https://www.shelterrealty.com/2025/07/03/what-are-the-best-neighborhoods-for-rental-roi-in-las-vegas-valley/) - Explore the top Las Vegas Valley neighborhoods offering the best rental ROI. Discover where to invest for high rental income, low vacancy rates, and long-term property value growth.
- [Report: Number of Canadians Looking to Purchase Las Vegas Valley Homes Drops Nearly 25 Percent](https://www.shelterrealty.com/2025/07/23/report-number-of-canadians-looking-to-purchase-las-vegas-valley-homes-drops-nearly-25-percent/) - LAS VEGAS, NV – While previously making up a significant number of homebuyers in the region, a new report indicates that the number of Canadians looking to acquire residences in the Las Vegas Valley has dropped significantly over the course of the past year. According to data provided by Redfin’s search engine, the number of property searches
- [Henderson Nevada Ranked in Top Five Best Large Cities for First-Time Homebuyers](https://www.shelterrealty.com/2025/07/21/henderson-nevada-ranked-in-top-five-best-large-cities-for-first-time-homebuyers/) - LAS VEGAS, NV – Nowadays, young families are struggling more than ever to purchase their first home. Due to a combination of soaring home prices and near-record high interest rates on home mortgages, the dream of home ownership is slowly slipping away from many Americans. However, there are some areas of the country where you
- [Report: National Increase in Inventory of Homes for Sale Highest in Las Vegas](https://www.shelterrealty.com/2025/07/19/report-national-increase-in-inventory-of-homes-for-sale-highest-in-las-vegas/) - LAS VEGAS, NV – Currently, there is a new trend across the real estate market in the United States where the inventory of homes for sale has increased drastically across the board, and Las Vegas is currently experiencing the highest degree out of the entire nation, according to a new report. As per a report released this
- [Homebuilder Set to Open Three New Housing Communities in Greater Las Vegas Area](https://www.shelterrealty.com/2025/07/16/kb-home-set-to-open-three-new-housing-communities-in-las-vegas/) - LAS VEGAS, NV – KB Home, one of the largest homebuilders in the United States, is set to open three new housing communities in Las Vegas in the very near future. KB Home currently boasts 28 home communities open throughout the greater Las Vegas area in a wide variety of home styles, from single-family homes to attached
- [Las Vegas Estate Designed by Noted Architect Bill Tull to List for $17 Million](https://www.shelterrealty.com/2025/07/14/las-vegas-estate-designed-by-noted-architect-bill-tull-to-list-for-17-million/) - LAS VEGAS, NV – A lavish Las Vegas estate designed by noted Arizona-based architect Bill Tull that boasts extensive equestrian facilities is set to be listed on the market for the impressive sum of $17 million. The huge whitewashed adobe-style residence was originally designed in the mid-1990s, and while Tull is known as the vision
- [New Report Speculates that Las Vegas Home Prices Will Drop in Second Half of 2025](https://www.shelterrealty.com/2025/07/14/new-report-speculates-that-las-vegas-home-prices-will-drop-in-second-half-of-2025/) - LAS VEGAS, NV – A new Redfin report speculates that prices of homes in the Las Vegas Valley could begin to drop in the second half of 2025, based on a variety of factors. A senior economist at Redfin, Asad Khan, has said that the valley is currently experiencing a “weak homebuying season,” as evidenced by
- [Following Brief Decline, Las Vegas Home Prices Back to Record High in June](https://www.shelterrealty.com/2025/07/09/following-brief-decline-las-vegas-home-prices-back-to-record-high-in-june/) - LAS VEGAS, NV – Following a brief two-month respite, home prices in Las Vegas are once again back up to their all-time record high level, according to a new report by Las Vegas Realtors (LVR). As per LVR, in June the median sale price for an existing single-family house in Southern Nevada was $485,000, which represents
- [Southern Nevada Home Builders Association: Making More Federal Land Available for Development #1 Goal](https://www.shelterrealty.com/2025/07/07/southern-nevada-home-builders-association-making-more-federal-land-available-for-development-1-goal/) - LAS VEGAS, NV – To address the housing crisis that is currently ongoing in Las Vegas, the Southern Nevada Home Builders Association (SNHBA) announced that petitioning the government to release more federally-controlled land for development would be the group’s main priority in 2025, a goal that’s looking now more than ever closer to becoming a reality. SNHBA
- [Las Vegas Short-Term Rental Owners Suing Clark County, State of Nevada, Claiming "Unconstitutional" Rights Violations](https://www.shelterrealty.com/2025/07/05/las-vegas-short-term-rental-owners-suing-clark-county-state-of-nevada-claiming-unconstitutional-rights-violations/) - LAS VEGAS, NV – A group of short-term rental owners in Las Vegas have filed a federal lawsuit against both Clark County and the state of Nevada, claiming that restrictions imposed by both entities upon the rental owners in Southern Nevada are unconstitutionally violating their rights. The lawsuit, filed in U.S. District Court in Nevada by the
- [336-Unit North Las Vegas Tides on Commerce Apartment Complex Purchased for $70 Million](https://www.shelterrealty.com/2025/07/02/336-unit-north-las-vegas-tides-on-commerce-apartment-complex-purchased-for-70-million/) - LAS VEGAS, NV – Tides on Commerce, a 336-unit apartment complex located in North Las Vegas, was purchased by a real estate investment firm late last week for the sum of $70 million, according to Clark County property records. Beverly Hills, California-based Kennedy Wilson announced the purchase on Friday, which was part of a combined acquisition
- [Should Legislation Be Passed to Regulate Use of Misleading AI-Based Real Estate Ads?](https://www.shelterrealty.com/2025/06/30/should-legislation-be-passed-to-regulate-use-of-misleading-ai-based-real-estate-ads/) - LAS VEGAS, NV – Artificial intelligence (AI) has become a part of life for many people, with the technology having rapidly evolved and implemented into many jobs and industries throughout the world. Experts predict that this trend will continue, with AI soon becoming intertwined with a plethora of everyday tasks and careers…including real estate. The
- [18,000 Square-Foot Southern Highlands Megamansion with Lazy River, Water Slide Sells for Over $15 Million](https://www.shelterrealty.com/2025/06/28/18000-square-foot-southern-highlands-megamansion-with-lazy-river-water-slide-sells-for-over-15-million/) - LAS VEGAS, NV – A massive “megamansion” located in one of Las Vegas’ most affluent communities and bosting a plethora of lavish perks has sold this week for over $15 million. Located in the guard-gated community of Southern Highlands on a 1.36-acre plot of land, the estate in question sold for $15.5 million – a significant
- [Las Vegas Apartment Developer to Hold Grand Opening for New Affordable Senior Housing Complex](https://www.shelterrealty.com/2025/06/25/las-vegas-apartment-developer-to-hold-grand-opening-for-new-affordable-senior-housing-complex/) - LAS VEGAS, NV – Ovation Development Corp., a Las Vegas-based apartment developer, has announced they will be holding the grand opening ceremony next week for their newest project, an affordable senior housing complex located in the southern Las Vegas Valley. Heirloom at Pebble is a 195-unit 55-and-over apartment building situated at 2325 East Torino Avenue, near the
- [Howard Hughes Holdings Sells Multiple Acres of Summerlin Land to Housing Developers for Over $100 Million](https://www.shelterrealty.com/2025/06/23/howard-hughes-holdings-sells-multiple-acres-of-summerlin-land-to-housing-developers-for-over-100-million/) - LAS VEGAS, NV – Howard Hughes Holdings, the developer of Summerlin, has sold nearly 60 acres of land located within the borders of Las Vegas’ largest master-planned community to housing developers, spread out over two separate transactions worth over a combined total of $100 million. Both of the two sales closed on Tuesday, according to public property
- [How to Reduce Rental Vacancy in Las Vegas](https://www.shelterrealty.com/2025/06/19/how-to-reduce-rental-vacancy-in-las-vegas-valley/) - LAS VEGAS, NV - For investors, Las Vegas real estate offers some of the best rental yields in the U.S., but it also comes with its fair share of challenges - chief among them, rental vacancies. For property owners and investors, even one month of vacancy can erode profits. But how can you, as a
- [North Las Vegas Housing Project Funded by State & COVID Relief Funds Facing Deadlines](https://www.shelterrealty.com/2025/06/20/north-las-vegas-housing-project-funded-by-state-covid-relief-funds-facing-deadlines/) - LAS VEGAS, NV – Windsor Park, a neighborhood located in North Las Vegas, has been sinking into the ground for decades – with its homes slowly falling apart as a result – and a developer that has been tasked with building new residences in their place is facing strict deadlines before his funding is yanked off
- [Real Estate Experts Name the Number One “Red Flag” to Look for When Buying a Home](https://www.shelterrealty.com/2025/06/13/real-estate-experts-name-the-number-one-red-flag-to-look-for-when-buying-a-home/) - LAS VEGAS, NV – While there is a plethora of things you should be on the look-out for when looking into one of the single most expensive purchases that you will likely ever make in your life – that is, buying a home – there’s one element that many real estate experts say many first-time homebuyers
- [117-Room Hotel Begins Construction Amid North Las Vegas Economic Development Efforts](https://www.shelterrealty.com/2025/06/11/117-room-hotel-begins-construction-amid-north-las-vegas-economic-development-efforts/) - LAS VEGAS, NV – As part of the continuing and ongoing economic development efforts in North Las Vegas, ground was officially broken and construction began on a new Fairfield Inn & Suites by Marriott hotel, with the milestone event being attending by multiple community members, civic leaders, and city officials. Among the dignitaries attending the groundbreaking was
- [May Las Vegas Home Prices Hold Steady at $480k, Market Leaning Towards Buyers LVR Says](https://www.shelterrealty.com/2025/06/09/may-las-vegas-home-prices-hold-steady-at-480k-market-leaning-towards-buyers-lvr-says/) - LAS VEGAS, NV – Following three months in a row where home prices in Las Vegas reached and maintained their all-time record high $485,000, April finally saw that number dip to $480,000. And according to a new report by Las Vegas Realtors (LVR), that dollar amount remained firmly in-place for May as well, signifying a possibility that
- [Bill Approved by Nevada Legislators to Change Probate Law, Protect Heirs](https://www.shelterrealty.com/2025/06/06/bill-approved-by-nevada-legislators-to-change-probate-law-protect-heirs/) - LAS VEGAS, NV – Legislators in Nevada have approved a bill that, if signed into law by Governor Joe Lombardo, will institute changes to the state’s probate law in order to protect heirs and prevent fraud. The bill comes following the results of an investigation published by the Las Vegas Review-Journal that shoed the discovered a group
- [While New Home Sales Dip, Las Vegas Luxury Listings Surge 41 Percent in Q1 2025](https://www.shelterrealty.com/2025/06/04/while-new-home-sales-dip-las-vegas-luxury-listings-surge-41-percent-in-q1-2025/) - LAS VEGAS, NV – While sales of new single-family homes have decreased during the first quarter of 2025 – having dropped 19 percent over the course of the first three months of the year – luxury listings with prices exceeding $1 million within the same span of time experienced a huge surge in purchases, jumping an
- [Hiring a Property Manager Can Help Property Owners Save More Than They Think](https://www.shelterrealty.com/2025/06/04/hiring-a-property-manager-can-help-property-owners-save-more-than-they-think/) - LAS VEGAS, NV – While many rental property owners take a do-it-yourself approach to managing their investments, experts say that hiring a professional property management company may actually save money in the long run — and in some cases, significantly more than expected. Common self-management pitfalls such as pricing misjudgments, prolonged vacancies, and unexpected legal issues
- [Large Amount of Home Sales in Vegas Being Cancelled, Following National Trend](https://www.shelterrealty.com/2025/06/02/large-amount-of-home-sales-in-vegas-being-cancelled-following-national-trend/) - LAS VEGAS, NV – Southern Nevada is currently experiencing a large amount of home sale cancellations, and while this is following a nationwide trend, it is a phenomenon that has grown more pronounced in Las Vegas when compared to most other major metropolitan areas. According to Redfin, in April 2025 14.3 percent of all home-purchase agreements
- [Ground Broken on Esplanade at Red Rock, New 400-Unit Community in Summerlin](https://www.shelterrealty.com/2025/05/30/ground-broken-on-esplanade-at-red-rock-new-400-unit-community-in-summerlin/) - LAS VEGAS, NV – Ground has officially been broken on a new community comprised of nearly 400 new homes that is being developed on an 88-acre plot of land along Lake Mead Boulevard in the Las Vegas neighborhood of Summerlin West by homebuilder Taylor Morrison. Upon completion, Esplanade at Red Rock will take the form of a
- [Construction on Visions Park Apartment Complex for Visually Impaired Las Vegas Residents Reaches Halfway Point](https://www.shelterrealty.com/2025/05/28/construction-on-visions-park-apartment-complex-for-visually-impaired-las-vegas-residents-reaches-halfway-point/) - LAS VEGAS, NV – Following the facility’s groundbreaking ceremony that took place in September 2024, construction on Visions Park – a unique and pioneering affordable living apartment complex in downtown Las Vegas that caters exclusively to the needs of blind and visually impaired residents – has officially reached its halfway point, according to officials. To celebrate
- [You Would Need to Earn Nearly $114K to Afford Average Home in Las Vegas, Report Says](https://www.shelterrealty.com/2025/05/23/you-would-need-to-earn-nearly-114k-to-afford-average-home-in-las-vegas-report-says/) - LAS VEGAS, NV – According to a new study from Clever Real Estate based on data obtained from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, the Las Vegas Valley now ranks as the 27th most affordable major metropolitan area in the United States when home prices and annual income are directly compared. Based
- [UnCommons Mixed-Use Development Up for Sale, Valued at $575 Million](https://www.shelterrealty.com/2025/05/21/uncommons-mixed-use-development-up-for-sale-valued-at-575-million/) - LAS VEGAS, NV – It has been announced that UnCommons – a huge mixed-used facility in southwestern Las Vegas – is currently on the market, with it’s estimated sale value at over half a billion dollars. The UnCommons sale is being represented by investment sales broker Kevin Shannon with Newmark, with the property’s estimated value being
- [Historically High Number of New Apartment Units Coming onto Las Vegas Market](https://www.shelterrealty.com/2025/05/16/historically-high-number-of-new-apartment-units-coming-onto-las-vegas-market/) - LAS VEGAS, NV – According to a new report from real estate analytics company CoStar Group Inc., a historic wave of new apartments is currently hitting the Las Vegas Valley after recently finishing up development, although that number stands to lessen going forward as overall construction statistics are down year-over-year. CoStar notes that about 4,600 multifamily apartment
- [Rents in Las Vegas Have Reportedly Increased by Almost 36 Percent Since 2020](https://www.shelterrealty.com/2025/05/14/ents-in-las-vegas-have-reportedly-increased-by-almost-36-percent-since-2020/) - LAS VEGAS, NV – According to a new report released by tech real-estate marketplace company Zillow, rents have skyrocketed in Las Vegas over the course of the last several years, creating affordability concerns among some local residents. Rents in Las Vegas have increased approximately 36 percent since 2020, with that jump influenced by numerous factors, including low
- [Some Investors Using Crypto to Purchase Real Estate: Experts Talk Pros and Cons](https://www.shelterrealty.com/2025/05/12/some-investors-using-crypto-to-purchase-real-estate-experts-talk-pros-and-cons/) - LAS VEGAS, NV – Cryptocurrency – a digital currency designed to work through a computer network that is not reliant on any central authority to uphold or maintain it – has become an increasingly popular form of investment in recent years. The most prevalent form of crypto is Bitcoin, which as of May 8 was
- [Las Vegas Property Owned by Late Entertainers Siegfried and Roy to be Used for 100-Unit Housing Project](https://www.shelterrealty.com/2025/05/09/las-vegas-property-owned-by-late-entertainers-siegfried-and-roy-to-be-used-for-100-unit-housing-project/) - LAS VEGAS, NV – A Southern Nevada property previously in-part owned by the late Siegfried Fischbacher and Roy Horn – the late, famed German-American entertainers who performed an animal-based magic show together in Las Vegas for years as Siegfried and Roy – will be used for an upcoming 100-unit housing project by developer Tri Pointe Homes. The
- [Following Three Month-Long Record High, Las Vegas Home Prices Finally Drop in April](https://www.shelterrealty.com/2025/05/07/following-three-month-long-record-high-las-vegas-home-prices-finally-drop-in-april/) - LAS VEGAS, NV – Following a three month-long all-time record high streak, Southern Nevada home prices in April finally showed signs of lowering, according to a new report by Las Vegas Realtors (LVR). The median price for a pre-existing single-family home in Las Vegas in April was $480,000, which represents a drop of $5,000 from the
- [Zillow: Real Estate Inventory in Las Vegas Valley Increases Over 44 Percent Year-Over-Year](https://www.shelterrealty.com/2025/05/05/zillow-real-estate-inventory-in-las-vegas-valley-increases-over-44-percent-year-over-year/) - LAS VEGAS, NV – According to a new report by Zillow, the amount of residential real estate inventory available in the Las Vegas Valley has jumped dramatically since last year, but despite the availability the buyers just aren’t there at the moment due to a number of factors. There has been an increase of 44.5 percent
- [Ground Broken This Week on Six-Acre Mixed Use Development in Las Vegas’ Downtown Area](https://www.shelterrealty.com/2025/05/02/ground-broken-this-week-on-six-acre-mixed-use-development-in-las-vegas-downtown-area/) - LAS VEGAS, NV – Ground was broken on Tuesday of this week on Origin at Symphony Park and Cello Tower Residences, a huge mixed-use development in downtown Las Vegas that officials say should serve to address many underserved needs in the city once it is complete. Spanning six acres within the 61-acre Symphony Park development across from
- [Home Sales Begin for La Cova, a New Luxury Neighborhood in Lake Las Vegas](https://www.shelterrealty.com/2025/04/30/home-sales-begin-for-la-cova-a-new-luxury-neighborhood-in-lake-las-vegas/) - LAS VEGAS, NV – Sales for homes in La Cova, a new guard-gated, master-planned luxury community located in SouthShore Lake Las Vegas, officially commenced this week according to the project’s developer, Tri Pointe Homes Las Vegas. Tri Pointe Division President Klif Andrews said that La Cova is a waterfront resort-style community whose homes will boast a luxurious
- [Developer Holds Groundbreaking for “Midtown Plaza” Mixed-Use Complex in Las Vegas Arts District](https://www.shelterrealty.com/2025/04/28/developer-holds-groundbreaking-for-midtown-plaza-mixed-use-complex-in-las-vegas-arts-district/) - LAS VEGAS, NV – Z Life Company, an eco-friendly residential developer that touts themselves as pioneers in sustainable, luxury real estate “focused on innovated structural design and contemporary experience,” broke ground on a new project in Las Vegas’ Arts District this past Friday. “Midtown Plaza” will be a mixed-use facility comprised of six towers offering condominiums, hotel
- [Top 10 Las Vegas Metro Area Cities with Home Prices Growing the Fastest](https://www.shelterrealty.com/2025/04/26/las-vegas-metro-area-cities-with-home-prices-growing-the-fastest/) - LAS VEGAS, NV – For all the dismal negatives of the COVID-19 pandemic, there was at least one positive: it set the residential real estate market throughout the United States on fire as people took advantage of low interest rates and the ability to work remotely to finally buy the houses of their dreams. And
- [Increasing Number of Home Sellers Making Concessions in Current Housing Market](https://www.shelterrealty.com/2025/04/23/increasing-number-of-home-sellers-making-concessions-in-current-housing-market/) - LAS VEGAS, NV – While housing in the United States may not be a buyer’s market, the overall burdensome economy – combined with sky-high home prices and mortgage interest rates still hovering at just over seven percent – have resulted in a growing number of sellers finding themselves forced into giving concessions to buyers in order to
- [Developers of UnCommons Mixed-Use Project Announce Completion of Construction](https://www.shelterrealty.com/2025/04/21/developers-of-uncommons-mixed-use-project-announce-completion-of-construction/) - LAS VEGAS, NV - The developers of UnCommons – a huge, 40-acre mixed-used facility in southwestern Las Vegas – announced that construction efforts have officially been completed, although some of the remaining empty land on the property may be used for future projects. UnCommons – located at Durango Drive and the 215 Beltway in the southwest
- [Nevada Lawmakers Attempting to Pass Legislation to Curb Corporate Ownership of Homes](https://www.shelterrealty.com/2025/04/16/nevada-lawmakers-attempting-to-pass-legislation-to-curb-corporate-ownership-of-homes/) - LAS VEGAS, NV – With the number of homes being snatched up by Wall Street-backed hedge funds for use as rentals creating a very real housing crisis in Southern Nevada, state lawmakers are attempting to pass legislation aimed at curbing the volume of properties these investors can purchase. Studies indicate that, by the end of 2023, approximately
- [Ground Broken on North Las Vegas-Based 74-Unit Senior Housing Community](https://www.shelterrealty.com/2025/04/14/ground-broken-on-north-las-vegas-based-74-unit-senior-housing-community/) - LAS VEGAS, NV – Recently, ground was broken on PuraVida Senior Living, a new senior housing community in North Las Vegas that is being brought to live via a joint venture between Foresight Housing Partners and nonprofit partner HopeLink of Southern Nevada. Situated next to Lake Mead West Apartments PuraVida Senior Living will be located upon
- [Home Prices in Las Vegas Remain at All-Time Record High Three Months in a Row](https://www.shelterrealty.com/2025/04/11/home-prices-in-las-vegas-remain-at-all-time-record-high-three-months-in-a-row/) - LAS VEGAS, NV – In March 2025, prices of homes in Las Vegas remained at their all-time record high for the third straight month in a row, according to a new report released by Southern Nevada real estate industry group. Las Vegas Realtors (LVR), using data from the Multiple Listing Service, confirmed that the median sale
- [Clark County Announces Increased Enforcement, Penalties of Illegal Short-Term Rentals](https://www.shelterrealty.com/2025/04/09/clark-county-announces-increased-enforcement-penalties-of-illegal-short-term-rentals/) - LAS VEGAS, NV – Enforcement action and penalties against illegal short-terms rentals being operated within the Las Vegas Valley are being ramped up significantly going forward, according to an announcement by Clark County officials this week. At a council meeting on Tuesday, Code Enforcement Manager Jim Andersen confirmed to the Clark County Commission that efforts to
- [Following Delays and Frustration, Clark County Looks for Ways to Increase Speed of Short-Term Rental Licensing Process](https://www.shelterrealty.com/2025/04/07/following-delays-and-frustration-clark-county-looks-for-ways-to-increase-speed-of-short-term-rental-licensing-process/) - LAS VEGAS, NV – Following months of delays and mounting frustration from homeowners missing out on income opportunities, Clark County officials have announced they are looking into ways to increase the speed of their short-term rental licensing process. Assembly Bill 363 was signed into law by the Nevada legislature in 2021, requiring municipalities to draw up
- [Las Vegas to Approve Zoning Changes to Develop Desert Pines Golf Club Into Affordable Housing Development](https://www.shelterrealty.com/2025/04/04/las-vegas-to-approve-zoning-changes-to-develop-desert-pines-golf-club-into-affordable-housing-development/) - LAS VEGAS, NV – In a move to address the housing crisis in Southern Nevada, the Las Vegas City Council will be reviewing potential zoning changes this week that, if approved, will convert the Desert Pines Golf Club into the largest affordable housing project in the history of the state of Nevada. In November 2024, a
- [Las Vegas Valley Real Estate Industry Already Feeling Impact of New Tariffs](https://www.shelterrealty.com/2025/04/02/las-vegas-valley-real-estate-industry-already-feeling-impact-of-new-tariffs/) - LAS VEGAS, NV – The impact of the tariffs instituted by upon Mexico, Canada, and China have already been experienced by the real estate industry in the Las Vegas Valley, causing difficulties for some developers who are now encountering elevated building costs. Nigro Construction – which has operated in Southern Nevada for four decades, focusing mainly on
- [New York Hedge Fund Owns Nearly 3,200 Homes in Clark County, According to Property Records](https://www.shelterrealty.com/2025/03/31/new-york-hedge-fund-owns-nearly-3200-homes-in-clark-county-according-to-property-records/) - LAS VEGAS, NV – A large hedge fund based out of New York is the single-largest owner of homes in Clark County at nearly 3,200 units, according to the county’s property records. Pretium Partners, a hedge fund that manages over $55 billion in assets, is the owner of Progress Residential, a home rental property management company that
- [New Las Vegas AI-Powered Hotel & Apartment Complex Taking Reservations, Leases June 1](https://www.shelterrealty.com/2025/03/28/new-las-vegas-ai-powered-hotel-apartment-complex-taking-reservations-leases-june-1/) - LAS VEGAS, NV – The Otonomus Hotel – which will be opening their doors for business this upcoming June for both short-term reservations and long-term leases – will be offering guests a unique way to ensure a memorable stay each and every time they come: utilizing artificial intelligence (AI) to customize and enhance their experience to their
- [384-Unit Elysian at Sunset Apartment Complex in Las Vegas Sells for $118 Million](https://www.shelterrealty.com/2025/03/26/384-unit-elysian-at-sunset-apartment-complex-in-las-vegas-sells-for-118-million/) - LAS VEGAS, NV – Amid an uptick in overall real estate sales in Southern Nevada as of late, a large apartment complex in Las Vegas was recently sold by its developer for almost $120 million. Elysian at Sunset, a 384-unit complex in the southwest valley, was sold by the Calida Group for $118 million, with
- [Homeowner Sues Tenant Who Leased Short-Term Rental Without Permission Over $180K Las Vegas City Fine](https://www.shelterrealty.com/2025/03/25/homeowner-sues-tenant-who-leased-short-term-rental-without-permission-over-180k-las-vegas-city-fine/) - LAS VEGAS, NV – A homeowner is suing a former tenant he claims had listed his property without his permission on Airbnb back in 2021, and in doing so incurred a whopping $180,000 fine imposed upon him by the city of Las Vegas for operating an unlicensed short-term rental within their borders. Homeowner Xin Tao, who lives full-time in
- [143-Unit Luxury Brownstone Apartments in Las Vegas Sells for $42 Million](https://www.shelterrealty.com/2025/03/21/143-unit-luxury-brownstone-apartments-in-las-vegas-sells-for-42-million/) - LAS VEGAS, NV – Brownstone Apartments, a 143-unit luxury apartment community located in the Las Vegas neighborhood of Centennial Hills, has been purchased by Irvine, California-based SB Real Estate Partners (SBREP) for $42 million in an off-market transaction. As a result of the purchase, SBREP has officially re-branded Brownstone Apartments as Portola Centennial Hills. The acquisition
- [Las Vegas Short-Term Rental Group, Local Police Teaming Up to Prevent Wild Spring Break Parties](https://www.shelterrealty.com/2025/03/19/las-vegas-short-term-rental-group-local-police-teaming-up-to-prevent-wild-spring-break-parties/) - LAS VEGAS, NV – Thinking of heading to Las Vegas to enjoy some rowdy Spring Break partying in the coming weeks? If that’s the case, you might want to engage in a more subdued affair when you visit Sin City, because a major local area short-term rental advocacy group is teaming up with authorities to prevent
- [Valley Currently Has One of the Highest Rates of Real Estate Deals Falling Through](https://www.shelterrealty.com/2025/03/17/valley-currently-has-one-of-the-highest-rates-of-real-estate-deals-falling-through/) - LAS VEGAS, NV – According to a new report released by Redfin, the Las Vegas Valley currently has one of the highest instances of pending real estate deals falling through in the entire country. In January 2025, the valley placed third in the nation in terms of the number of pending home sales being cancelled, with about
- [State Officials to Break Ground on Two New Affordable Housing Complexes in Las Vegas](https://www.shelterrealty.com/2025/03/14/state-officials-to-break-ground-on-two-new-affordable-housing-complexes-in-las-vegas/) - LAS VEGAS, NV – As the housing crisis continues in Southern Nevada, state officials announced this week that ground will soon be broken on two new affordable housing apartment complexes in Las Vegas, bringing a total of 201 much-needed units to the city’s residents. The Southern Nevada Regional Housing Authority (SNRHA) confirmed that one of the new
- [Construction on Two New Apartment Complexes Underway in Las Vegas Arts District](https://www.shelterrealty.com/2025/03/12/construction-on-two-new-apartment-complexes-underway-in-las-vegas-arts-district/) - LAS VEGAS, NV – Formerly a quiet neighborhood free of the hustle and bustle of the Las Vegas Strip, the city’s Arts District is now seeing an uptick in foot traffic and activity as two new apartment complexes are currently under construction, with both slated to open next year. A 337-unit apartment building is currently in
- [New FTC “Junk Fees” Rule Expected to Influence Short-Term Rental Host Pricing Behavior](https://www.shelterrealty.com/2025/03/10/new-ftc-junk-fees-rule-expected-to-influence-short-term-rental-host-pricing-behavior/) - LAS VEGAS, NV – The Federal Trade Commission (FTC) announced in December 2024 that they would be instituting a ban on so-called “junk fees,” which is a term used to describe bait-and-switch pricing and other tactics used to hide total prices and misrepresent fees in the short-term lodging and live-event ticketing industries. The Junk Fees
- [February Homes Prices in Las Vegas Flat Month-Over-Month, Remain at All-Time Record High](https://www.shelterrealty.com/2025/03/07/february-homes-prices-in-las-vegas-flat-month-over-month-remain-at-all-time-record-high/) - LAS VEGAS, NV – After several months of prices fluctuating and slowly rising, Las Vegas homes in January finally set a new all-time record for the region, and as of February that record has remained firmly in-place, with prices remaining flat month-to-month. According to a new report by industry group Las Vegas Realtors (LVR), the median
- [Las Vegas Rental Searches by LA Residents Jump 76%; Ranked 11th Most Popular City Overall](https://www.shelterrealty.com/2025/03/05/las-vegas-rentals-searches-by-la-residents-jump-76-ranked-11th-most-popular-city-overall/) - LAS VEGAS, NV – The new year ushers in many things, but prime among them is that it’s a time when people are looking for a fresh start on life, and to that end many find themselves searching for the best deals on a new place to call home. With that being said, a new
- [Why Aren’t There Loan Programs for Foreign Investors?](https://www.shelterrealty.com/2009/06/12/why-arent-there-loan-programs-for-foreign-investors/) - Call me crazy but I don’t understand why there aren’t any lending programs for Foreign Investors.
- [Buying Property in Las Vegas: Know Before You Go (Part 2)](https://www.shelterrealty.com/2009/02/13/buying-residential-property-las-vegas-know-before-you-go-part-2/) - This is part two of a two part blog on buying Las Vegas residential property
- [Las Vegas Luxury Real Estate](https://www.shelterrealty.com/2009/07/04/las-vegas-luxury-real-estate/) - We are a team of professionals that can assist you in all aspects of real estate in Las Vegas, from condos to multi-million dollar estates.
- [Las Vegas Real Estate Sets Sales Record for June 2009](https://www.shelterrealty.com/2009/07/12/las-vegas-real-estate-sets-sales-record-for-june-2009/) - Las Vegas Real Estate sales of single-family homes, condos and town homes hit a record of 4,702 in June, beating the previous record of 4,414 set in June 2004 according to the information released by the Greater Las Vegas Association of Realtors.
- [Short Sale: Las Vegas High Rise Condo For Sale](https://www.shelterrealty.com/2009/11/08/short-sale-las-vegas-high-rise-condo-for-sale/) - One of the premier views on the Las Vegas Strip! Sky Las Vegas is a sheik building located right on the boulevard.
- [Las Vegas Renters in Fannie Mae-owned Foreclosed Properties Can Stay in Their Homes](https://www.shelterrealty.com/2009/11/22/las-vegas-renters-in-fannie-mae-owned-foreclosed-properties-can-stay-in-their-homes/) - Next time a Las Vegas Real Estate Agent shows up at your door and advises you need to move out as the home has been foreclosed, ask them if it is a Fannie Mae-owned foreclosure.
- [Investing in Las Vegas Real Estate](https://www.shelterrealty.com/2010/07/02/investing-in-las-vegas-real-estate-2/) - Condominiums Investing in Las Vegas condominiums is no different than any other real estate property investment. Knowledge of current market conditions, working with an experienced, knowledgeable Realtor, and having a real estate attorney and CPA on your team will certainly help to ensure that intelligent investment decisions will be made. In the recent past, certain
- [Las Vegas High Rise Condos](https://www.shelterrealty.com/2010/07/26/las-vegas-high-rise-condos/) - The Las Vegas Condo-Hotel Concept The veritable explosion of high-rise condo construction in Las Vegas has not only dramatically altered the city’s skyline, but has considerably altered the lifestyle of many Las Vegans, and the repeat visitors to our city. Prior to the proliferation of hi-rise condos in Las Vegas, repeat visitors such as vacationers,
- [Investing in Las Vegas Real Estate - Pre-Foreclosures and Foreclosures](https://www.shelterrealty.com/2010/07/31/investing-in-las-vegas-real-estate-pre-foreclosures-and-foreclosures/) - Negotiating to buy distressed properties from a lender certainly shouldn’t trouble the conscience of an investor; however, some investors feel pangs of guilt when trying to negotiate a deal with a Las Vegas Homeowner in financial difficulty. If you are a creative investor with a conscience, you are not trying to take unfair advantage of
- [Added Value Properties](https://www.shelterrealty.com/2010/09/13/added-value-properties/) - Added value properties are properties that for one reason or another are undervalued, but with renovation, sometimes minor, sometimes extensive, investing in these properties could be profitable. This is dangerous area for new investors, particularly those with a get rich quick mentality. Careful analysis by an experienced investor and his/her investment advisers is a requirement
- [New Luxury Waterfront Resort-Style Community Coming to SouthShore Lake Las Vegas](https://www.shelterrealty.com/2024/10/07/new-luxury-waterfront-resort-style-community-coming-to-southshore-lake-las-vegas/) - LAS VEGAS, NV – The affluent SouthShore Lake Las Vegas master-planned community will be welcoming a prestigious new neighborhood early in 2025: La Cova, which according to developer Tri Pointe Homes is a luxury waterfront resort-style community whose homes will boast a luxurious European design aesthetic, right in the heart of Nevada. Mike Woodley, President of
- [Investing in Las Vegas Real Estate - The New Investor](https://www.shelterrealty.com/2010/08/05/investing-in-las-vegas-real-estate-the-new-investor/) - If you are a new player in the Las Vegas Real Estate Investment game, one of the first steps you should take as part of an investment strategy - that you have hopefully planned out meticulously - is to find a good real estate agent to partner with you. Find an agent who is in
- [Investing in Las Vegas Real Estate - Flipping Properties](https://www.shelterrealty.com/2010/08/06/investing-in-las-vegas-real-estate-flipping-properties/) - The term of “flipping” generally applies to buyers who purchase a property or properties, and then immediately put the properties up for sale, looking for a fast turnaround and quick profit. Some scenarios involve “finders,” people who work with investors. Their purpose is to find and investigate properties for sale that meet an investor’s criteria,
- [Investing in Las Vegas Real Estate - Finding Ideal Investments in Ideal Locations](https://www.shelterrealty.com/2010/08/21/investing-in-las-vegas-real-estate-finding-ideal-investments-in-ideal-locations/) - The knowledgeable Las Vegas Real Estate Investor can be differentiated from the less astute investor by the fact that the overeager investor often looks to purchase any property or properties he or she can find based almost entirely on price: if the price is right, the property is purchased! However, the really successful investor will
- [The Handyman's Special](https://www.shelterrealty.com/2010/08/29/the-handymans-special/) - Why Fixer-Uppers Are So Popular Although not all investors are attracted to these kinds of Las Vegas Properties, some real estate investors look for nothing else but properties in need of repair. This can be understandable, when on the surface it may appear that a motivated seller may be willing to part with his run-down
- [Las Vegas Real Estate Investments in an Ever Changing Market](https://www.shelterrealty.com/2010/09/21/las-vegas-real-estate-investments-in-an-ever-changing-market/) - Las Vegas Investors, small and large, can only prosper when they are totally flexible and adaptable to market changes, and, to be sure, the market is and will always be in a state of flux. Some changes may linger for awhile but to be sure, change is inevitable. To be successful, the investor must keep
- [Las Vegas Real Estate Owned Properties](https://www.shelterrealty.com/2010/09/24/las-vegas-real-estate-owned-properties/) - Las Vegas REOs are a less complex and often better way to purchase distressed properties than having to deal with a seller facing foreclosure, or at auction.
- [Three Simple Steps To Rent Your Las Vegas Investment Property Quickly](https://www.shelterrealty.com/2012/03/08/three-simple-steps-to-rent-your-las-vegas-investment-property-quickly/) - The real estate rental market in Las Vegas is competitive and also very lucrative. As a real estate investor, you'll want to make sure you take some simple steps to make sure your rental property is the home that prospective tenants choose. Here are some simple tips to make sure your Las Vegas Investment property
- [Clark County Purchases 20 Acres of Federal Land for 210-Unit Affordable Housing Community](https://www.shelterrealty.com/2024/10/18/clark-county-purchases-20-acres-of-federal-land-for-210-unit-affordable-housing-community/) - LAS VEGAS, NV – Clark County announced this week that they had purchased 20 acres of U.S. government-controlled land from the Bureau of Land Management (BLM) to construct Nevada’s first-of-its-kind affordable residential housing community. Officials confirmed that Clark County bought the land – located along Cactus Avenue in the southwest Las Vegas Valley – from BLM
- [All-Time Record in Las Vegas Shattered With $35 Million Summit Club Home Sale](https://www.shelterrealty.com/2024/12/30/all-time-record-in-las-vegas-shattered-with-35-million-summit-club-home-sale/) - LAS VEGAS, NV – According to newly-released records, the all-time record for the sale of a single-family home in Las Vegas was shattered back in May when a residence in the ultra-affluent The Summit Club master-planned community sold for a whopping $35 million, besting the previous record-holder, the sale of singer Celine Dion’s home – literally
- [Las Vegas Luxury Housing Market Already Off to Strong Start in 2025 With New $13.5M Sale](https://www.shelterrealty.com/2025/01/29/las-vegas-luxury-housing-market-already-off-to-strong-start-in-2025-with-new-13-5m-sale/) - LAS VEGAS, NV – The luxury housing market in Las Vegas is already off to a very strong start in 2025, with January’s biggest sale coming in at a whopping $13.5 million for a high-end property located in the affluent The Ridges master-planned community in Summerlin. Simply Vegas owner and listing agent of the sale, Gavin Ernstone,
- [The New Investor in Distressed Properties](https://www.shelterrealty.com/2010/09/14/the-new-investor-in-distressed-properties/) - The possibilities of making big profits in distressed properties has lured many new investors into the field. Many, surprisingly enough, are willing to risk financing these kinds of properties without the knowledge and expertise, much less the experience of the successful, long-time investor. Frequently, these newcomers rely on “instinct” rather then on the advice of
- [Report: Some Las Vegas Apartment Complex Owners Risk Defaulting as Pandemic-Era Loans Come Due](https://www.shelterrealty.com/2024/09/11/report-some-las-vegas-apartment-complex-owners-risk-defaulting-as-pandemic-era-loans-come-due/) - LAS VEGAS, NV – While multi-family complexes in Las Vegas continue to be bought and sold on a regular basis, some owners of these properties are beginning to sweat as commercial real estate analysts indicate approximately 20 percent of all apartment building loans in the nation are in danger of defaulting due to pricey pandemic-era loans
- [Slowdown: Nearly 60% of Homes for Sale in Las Vegas On Market for Over One Month, Report Says](https://www.shelterrealty.com/2024/08/02/slowdown-nearly-60-of-homes-for-sale-in-las-vegas-on-market-for-over-one-month-report-says/) - LAS VEGAS, NV – As per a new report by Redfin, nearly 60 percent of all homes currently for sale in the Las Vegas Valley have been on the market for over one full month, with the residential real estate brokerage noting that the situation could be described as “stagnant” due to a perceived disconnect between sellers
- [New Las Vegas Hotel to Utilize Artificial Intelligence to Personalize and Enhance Guests’ Experience](https://www.shelterrealty.com/2024/06/17/new-las-vegas-hotel-to-utilize-artificial-intelligence-to-personalize-and-enhance-guests-experience/) - LAS VEGAS, NV – When they open their doors for business later this year, Otonomus Hotel will be offering guests a unique way to ensure a memorable stay each and every time they come: utilizing artificial intelligence (AI) to customize and enhance their experience to their exact needs and wants. Philippe Ziade, CEO and Founder of Growth
- [Short-Term Rental Owners Using Technology to Remotely “Party Proof” Their Properties](https://www.shelterrealty.com/2024/10/02/short-term-rental-owners-using-technology-to-remotely-party-proof-their-properties/) - LAS VEGAS, NV – Today, many are turning to the short-term rental field in order to either make a living or simply get a few bucks via a side hustle, and often these individuals are managing properties via short-term rental platforms such as Airbnb and Vrbo that they own at locations outside of the state
- [Features and What to Look for When it Comes to Rent Collection Apps](https://www.shelterrealty.com/2024/12/27/features-and-what-to-look-for-when-it-comes-to-rent-collection-apps/) - LAS VEGAS, NV – With the advent of technological development, there are a plethora of ways to collect rent online, but experts agree the most reliable way to do so is by using an app specifically developed for such a purpose. The right type of app for this activity combines numerous aspects of the rent collection
- [TheMLS.AI Platform Seeking to Transform Real Estate Industry with Augmented Reality Tours](https://www.shelterrealty.com/2025/03/03/themls-ai-platform-seeking-to-transform-real-estate-industry-with-augmented-reality-tours/) - LAS VEGAS, NV – A new and innovative real estate platform – TheMLS.AI – is seeking to transform and revolutionize the industry with a cutting-edge combination of artificial intelligence (AI) and augmented reality (AR), with the developer claiming that the ripple effects for both buyers and sellers are anticipated to be felt the world over. The key
- [New Study Says Las Vegas Has Most Volatile Large Housing Market In U.S.](https://www.shelterrealty.com/2025/03/01/new-study-says-las-vegas-has-most-volatile-large-housing-market-in-u-s/) - LAS VEGAS, NV – According to a new study released by Construction Coverage, a company that specializes in researching construction software, insurance, and related services, Nevada, Georgia, Michigan and Arizona rank among the least stable states for real estate, and Las Vegas is currently the most volatile large housing market in the nation. In order to
- [Las Vegas Rents Have Dropped Year-Over-Year, According to Redfin Report](https://www.shelterrealty.com/2025/02/26/las-vegas-rents-have-dropped-year-over-year-according-to-redfin-report/) - LAS VEGAS, NV – According to a new report by Redfin, as of the end of January rents in Las Vegas have dropped year-over-year, indicating they are potentially on a trajectory to becoming more affordable in a market that is currently still seen as very competitive and pricey. As of January 31, the median rent for
- [1,500-Unit Luxury Housing Development to be Built on Former Las Vegas Badlands Golf Course](https://www.shelterrealty.com/2025/02/24/1500-unit-luxury-housing-development-to-be-built-on-former-las-vegas-badlands-golf-course/) - LAS VEGAS, NV – Following almost ten years of legal wrangling back-and-forth with the property’s now soon-to-be former owner, the Las Vegas City Council last Wednesday approved a plan to build a nearly 1,500-unit, upscale housing development on the grounds of the former Badlands golf course, despite staunch opposition from the residents of an adjacent neighborhood. The
- [The Watermark, Henderson Mixed-Use Apartment Complex Mired in Bankruptcy, Finally Resumes Construction](https://www.shelterrealty.com/2025/02/21/the-watermark-henderson-mixed-use-apartment-complex-mired-in-bankruptcy-finally-resumes-construction/) - LAS VEGAS, NV – A mixed-use apartment complex in downtown Henderson that was aborted mix-construction and has since sat dormant while its developers were mired in bankruptcy proceedings has ben given a new lease on life in the form of new funding, and is now expected to be completed by the end of 2025. The Watermark,
- [Growth Spurt: North Las Vegas Housing Stock Increases 50 Percent in Last Two Decades](https://www.shelterrealty.com/2025/02/19/growth-spurt-north-las-vegas-housing-stock-increases-50-percent-in-last-two-decades/) - LAS VEGAS, NV – North Las Vegas has been experiencing a boom when it comes to the number of residential homes available over the course off the past 20 years, with U.S. Census Bureau data predicting the city’s population could reach as many as 400,000 people by 2050. Since 2005, the municipality – which currently
- [Japanese Developer to Build Summerlin West Luxury Community; Home Prices Starting at $1.4M](https://www.shelterrealty.com/2025/02/17/japanese-developer-to-build-summerlin-west-luxury-community-home-prices-starting-at-1-4m/) - LAS VEGAS, NV – Summerlin West, a master-planned community located in the western part of the Las Vegas Valley, will soon be welcoming a new community within its borders in the form of a pricey, ultra-luxury neighborhood, thanks to a Japanese developer. The fifth-largest homebuilder in the United States, Sekisui House, will be selling Shawood-branded homes
- [Over 161k Sales in Las Vegas Valley Since 2011 Were All-Cash Transactions, New Report Says](https://www.shelterrealty.com/2025/02/15/over-161k-sales-in-las-vegas-valley-since-2011-were-all-cash-transactions-new-report-says/) - LAS VEGAS, NV – Over 161,000 home sales in the Las Vegas Valley since the beginning of 2011 have consisted of all-cash transactions, according to a new historical data obtained from residential real estate brokerage and mortgage origination service Redfin. All-cash buyers have purchased 161,084 homes in the valley over the course of the last 15 years,
- [Over 100k Nevada Residents Getting Up to 25% Rate Increase in Homeowner, Rental Insurance](https://www.shelterrealty.com/2025/02/10/over-100k-nevada-residents-getting-up-to-25-rate-increase-in-homeowner-rental-insurance/) - LAS VEGAS, NV – The first half of 2025 will see more than 100,000 Nevada residents hit with increases to their homeowners and renters’ insurance, with some experiencing huge spikes of up to 25 percent over what they’re currently paying now. The Nevada Division of Insurance (DOI) has approved twelve insurance companies to institute rate changes
- [Las Vegas Home Prices Set New All-Time Record in January; Median Price Reaches $485,000](https://www.shelterrealty.com/2025/02/07/las-vegas-home-prices-set-new-all-time-record-in-january/) - LAS VEGAS, NV – After several months in a row of ebbing and flowing and coming precariously close, Las Vegas home prices in January finally set a new all-time record for the region. According to a new report by industry group Las Vegas REALTORS, the median price of an existing single-family home in Las Vegas reached
- [Trade Issues with Canada, Mexico, China Could Negatively Impact Vegas Housing Market](https://www.shelterrealty.com/2025/02/05/trade-issues-with-canada-mexico-china-could-negatively-impact-las-vegas-housing-market/) - LAS VEGAS, NV – A potential trade war still brewing between the United States and Canada, Mexico, and China could have a negative impact upon the housing market – both in Las Vegas and nationwide – if it comes to fruition, real estate experts say. President Trump had originally planned to implement 25 percent tariffs on goods
- [Homebuilder Taylor Morrison to Develop Nearly 400 New Homes in Summerlin West](https://www.shelterrealty.com/2025/02/03/homebuilder-taylor-morrison-to-develop-nearly-400-new-homes-in-summerlin-west/) - LAS VEGAS, NV – A new community comprised of nearly 400 new homes is slated to be developed on an 88-acre plot of land along Lake Mead Boulevard in the Las Vegas neighborhood of Summerlin West by homebuilder Taylor Morrison, one of the largest such companies in the United States. The resort living community, dubbed Esplande at
- [New FCC Action Prevents Tenants from Opting Out of Landlord’s ISP Choice](https://www.shelterrealty.com/2025/01/31/new-fcc-action-prevents-tenants-from-opting-out-of-landlords-isp-choice/) - LAS VEGAS, NV – A proposal implemented by the former Biden Administration’s Federal Communications Commission (FCC) that would have banned mandatory bulk billing arrangements for internet services in apartment buildings – allowing tenants to opt-out of their landlord’s Internet Service Provider (ISP) choice in favor of their own – has been withdrawn by the Trump Administration, effective
- [Las Vegas’ Martinique Bay Apartment Complex Purchased by NY-Based Real Estate Firm](https://www.shelterrealty.com/2025/01/27/las-vegas-martinique-bay-apartment-complex-purchased-by-ny-based-real-estate-firm/) - LAS VEGAS, NV – Martinique Bay, a 256-unit apartment complex located in Henderson’s Green Valley North master-planned community, has been purchased by a New York-based real estate management firm for a currently undisclosed price. Clarion Partners Real Estate Income Fund Inc. (CPREX) made the announcement of the acquisition late last week, with Rick Schaupp, the firm’s Managing
- [New Wells Fargo Report Anticipates 2025 Being a Difficult Year for Residential Real Estate](https://www.shelterrealty.com/2025/01/24/new-wells-fargo-report-anticipates-2025-being-a-difficult-year-for-residential-real-estate/) - LAS VEGAS, NV – According to a new report released this week by multinational financial services company Wells Fargo, 2025 will be a difficult year for the residential real estate market in the United States, and Las Vegas will not be exempt from experiencing this in the coming months. Vice President and Economist for Wells Fargo, Jackie
- [Las Vegas’ Cadence and Summerlin Master Planned Communities Rank in U.S. Top 5 Overall for Sales](https://www.shelterrealty.com/2025/01/17/las-vegas-cadence-and-summerlin-master-planned-communities-rank-in-u-s-top-5-overall-for-sales/) - LAS VEGAS, NV – Despite the fact that sales in 2024 of new homes in master planned communities throughout the country declined by 2 percent overall, two Las Vegas neighborhoods placed in the top five list nationally for the year, and two others in the top 50. The list in question is compiled annually by homebuilding consultants
- [150+ Homes in Las Vegas Valley Purchased by Wall Street Investment Firm in 2024](https://www.shelterrealty.com/2025/01/20/150-homes-in-las-vegas-valley-purchased-by-wall-street-investment-firm-in-2024/) - LAS VEGAS, NV – Over 150 single-family homes were purchased in the Las Vegas Valley throughout 2024 by a real estate investment firm backed by Wall Street, according to property records. The Greenwich, Connecticut-based firm in question, Starwood Property Trust, bought 151 homes in the valley in October for a combined $58.2 million, spread out over three
- [Expert Anticipates Los Angeles Wildfires to Impact Las Vegas Housing Market](https://www.shelterrealty.com/2025/01/15/expert-anticipates-los-angeles-wildfires-to-impact-las-vegas-housing-market/) - LAS VEGAS, NV – As the death and devastation brought on by the ongoing Los Angeles wildfires continues unabated in neighboring California – with countless unfortunate residents displaced from thousands of homes at this point – a real estate industry expert is anticipating the tragedy to begin impacting the housing market in the Las Vegas Valley,
- [Calida Group Buys 13-Acre Parcel Next to Las Vegas Durango for $18M; Plans Luxury Apartments](https://www.shelterrealty.com/2025/01/13/calida-group-buys-13-acre-parcel-next-to-las-vegas-durango-for-over-18m/) - LAS VEGAS, NV – The Calida Group, a multifamily real estate development and investment firm based out of Clark County, has closed on a purchase of a parcel of land in the southwest Las Vegas Valley next to a prominent hotel, with plans to begin building a luxury apartment complex starting in late 2025. The purchase takes
- [New Study Ranks Las Vegas as Safest City in Nation When it Comes to Natural Disasters](https://www.shelterrealty.com/2025/01/10/new-study-ranks-las-vegas-as-safest-city-in-nation-when-it-comes-to-natural-disasters/) - LAS VEGAS, NV – Amid the ongoing wildfires that have already reportedly destroyed over 10,000 structures in Southern California – as well as taking into account the rising number of natural disasters that have rocked numerous regions throughout the nation – there has been an increased number of Google searches on the part of people
- [Vegas Home Sales Increase Year-Over-Year in 2024; Remain Below 2021's Record High](https://www.shelterrealty.com/2025/01/08/las-vegas-home-sales-increase-year-over-year-in-2024-remain-below-2021s-record-high/) - LAS VEGAS, NV – After 2023 proved to be the worst year in Las Vegas since 2008 as far as homes sales went, 2024 proved to be a marked improvement year-over-year, with a significantly higher number of residential real estate sales taking place. And with experts anticipating that home prices may be starting to lower in
- [KDH Hotel Project to Move Forward in 2025 After Advisory Board Approval](https://www.shelterrealty.com/2025/01/06/kdh-hotel-project-to-move-forward-in-2025-after-advisory-board-approval/) - LAS VEGAS, NV – A high-rise hotel project proposed near the Las Vegas Strip that would cater exclusively to the Jewish community is expected to move forward in 2025 after being recommended for approval by the Paradise Town Advisory Board, according to reports. Slated to be built at 3601 Vegas Plaza Drive according to documents submitted to
- [700-Unit Mixed-Use Development in Works at Former Texas Station, Fiesta Rancho Sites](https://www.shelterrealty.com/2025/01/03/700-unit-mixed-use-development-in-works-at-former-texas-station-fiesta-rancho-site/) - LAS VEGAS, NV – The former sites of the Texas Station and Fiesta Rancho in North Las Vegas – both of whom closed their doors for business in 2020 due to the effects of the COVID-19 pandemic – are now being developed into a new housing community that, upon completion, will help to address the ongoing housing
- [Las Vegas Real Estate Experts Predict Boom in Luxury Purchases Under Incoming Admin](https://www.shelterrealty.com/2024/12/28/las-vegas-real-estate-experts-predict-boom-in-luxury-purchases-under-incoming-admin/) - LAS VEGAS, NV – Southern Nevada real estate experts are discussing their opinions on how the industry may potentially shift and evolve over the course of the next four years, and many are predicting a boom in the number of luxury housing purchases in Las Vegas under the incoming administration. Managing Director of RCLCO Real Estate Consulting,
- [President Biden Extends Mortgage Relief, Foreclosure Bans through End of June](https://www.shelterrealty.com/2021/02/17/president-biden-extends-mortgage-relief-foreclosure-bans-through-end-of-june/) - LAS VEGAS, NV – Earlier this week, President Joe Biden extended three federal protection programs safeguarding homeowners in the United States throughout the ongoing COVID-19 pandemic that were on the verge of ending next month. First, Biden extended a ban on home foreclosures for federally-backed mortgages until the end of June 2021, in addition to extending a
- [Biden COVID-19 Plan Calls for $30 Billion in Rental Assistance, Extension of Eviction Ban Through Sept. 2021](https://www.shelterrealty.com/2021/01/18/biden-covid-19-plan-calls-for-30-billion-in-rental-assistance-extension-of-eviction-ban-through-sept-2021/) - LAS VEGAS, NV – President-Elect Joe Biden unveiled his proposed $1.9 trillion COVID-19 stimulus plan last week, and in addition to economic initiatives such as extending and enhancing unemployment coverage and providing funds for state and local governments, he's also pushing for billions in rental assistance and an eight-month extension of the current residential eviction
- [Las Vegas Homes Construction Potentially Impeded by Two Ongoing Supreme Court Cases](https://www.shelterrealty.com/2024/12/23/las-vegas-homes-construction-potentially-impeded-by-two-ongoing-supreme-court-cases/) - LAS VEGAS, NV – Two cases that are currently before the United States Supreme Court, depending on their outcome, could have a serious impact upon several aspects of the home development industry, mainly when it comes to federally-mandated environmental reviews and how they could affect the overall timeline of construction projects. Depending on the outcomes of
- [Median Price of Las Vegas Homes Increased 50 Percent Since Start of Pandemic in 2020](https://www.shelterrealty.com/2024/12/20/median-price-of-las-vegas-homes-increased-50-percent-since-start-of-pandemic-in-2020/) - LAS VEGAS, NV – According to historical data supplied by Las Vegas Realtors, the median price of a single-family home in Las Vegas has jumped a whopping 50 percent since the beginning of the COVID-19 pandemic in 2020. In December 2019, the median price of a home in Southern Nevada was $312,990; at the time, the average
- [FTC to Ban So-Called “Junk Fees” on Short Term Rentals, Hotels, Live Event Ticketing](https://www.shelterrealty.com/2024/12/18/ftc-to-ban-so-called-junk-fees-on-short-term-rentals-hotels-live-event-ticketing/) - LAS VEGAS, NV – The Federal Trade Commission (FTC) announced Tuesday that they will be instituting a ban on so-called “junk fees,” which is a term used to describe bait-and-switch pricing and other tactics used to hide total prices and misrepresent fees in the short-term lodging and live-event ticketing industries; often, these are referred to as “resort,”
- [NRP and Rockefeller Group Team Up for 342-Unit Multifamily Project in Las Vegas](https://www.shelterrealty.com/2024/12/16/nrp-and-rockefeller-team-up-for-342-unit-multifamily-project-in-las-vegas/) - LAS VEGAS, NV – Ground on a new Class A, 342-unit multifamily housing complex was recently broken as part of a joint venture by the NRP Group and Rockefeller Group in Las Vegas; this marks NRP’s first-ever development in Sin City, and Rockefeller’s first-ever multifamily project in the state of Nevada. When completed in early 2027, Silverado
- [Las Vegas Currently Ranks as 11th Least Affordable Housing Market in Nation, New Report Says](https://www.shelterrealty.com/2024/12/13/las-vegas-currently-ranks-as-11th-least-affordable-housing-market-in-nation-new-report-says/) - LAS VEGAS, NV – For many years, Las Vegas earned a reputation for low cost-of-living and an affordable lifestyle; however, due to rising prices and a lack of inventory, a new report has revealed that the housing market in the city has become one of the least affordable in the nation. According to the Urban Land
- [Since 2000, Corporate Investors Have Purchased Over 131,000 Homes in Las Vegas Valley](https://www.shelterrealty.com/2024/12/11/since-2000-corporate-investors-have-purchased-over-131000-homes-in-las-vegas-valley/) - LAS VEGAS, NV – Since 2000, corporate investors have been on a buying spree in Southern Nevada, snapping up an astonishing 131,710 homes in the Las Vegas Valley to be utilized as short-term rentals, either privately or through online platforms such as Aidbnb and Vrbo, as per a new report. Las Vegas exhibited the largest year-over-year increase
- [Las Vegas City Council Approves $1M for “Tropicana Trails” Affordable Housing Complex](https://www.shelterrealty.com/2024/12/09/las-vegas-city-council-approves-1m-for-tropicana-trails-affordable-housing-complex/) - LAS VEGAS, NV – Funding has been approved for a new affordable housing complex within Las Vegas, with the city council last week earmarking $1 million in public funds towards the $21.5 million project. Upon completion, “Tropicana Trails” – being developed by George Gekakis Inc. – will be comprised of 50 studio apartments, built upon a 2.5-acre
- [November Home Prices in Las Vegas Creep Within $2K of All-Time Record High](https://www.shelterrealty.com/2024/12/06/november-home-prices-in-las-vegas-creep-within-2k-of-all-time-record-high/) - LAS VEGAS, NV – After lowering from the all-time high that was originally achieved in 2022, home prices in Las Vegas have been slowly but surely creeping back up to that lofty level, with November 2024’s numbers coming the closest yet to that record amount. In November, the median price for a single-family home sold in Southern
- [Southern Nevada Rents Back to Pre-Pandemic Levels, Down 3.7% from 2022 Peak](https://www.shelterrealty.com/2024/12/04/southern-nevada-rents-back-to-pre-pandemic-levels-down-3-7-from-2022-peak/) - LAS VEGAS, NV - Following housing costs in Southern Nevada reaching extremely high peaks after the lifting of lockdown measures following COVID-19’s wake in 2022, tenants are now finding rents in the region reverting back to pre-pandemic levels. In fact, according to a report released by the University of Nevada, Las Vegas’ (UNLV) Lied Center for
- [Las Vegas Valley Has Largest National Jump in Investor Home Purchases for Q3 2024](https://www.shelterrealty.com/2024/12/02/las-vegas-valley-has-largest-national-jump-in-investor-home-purchases-for-q3-2024/) - LAS VEGAS, NV – A new report released by Redfin indicates that during the third quarter of 2024, the Las Vegas Valley saw the largest jump of home purchases by corporate investors in the entire nation, representing over $1 billion in transactions during that time period. Totaling approximately $1.02 billion worth of homes being bought by investors
- [Homebuyers Under 25 Not Buying Houses in Las Vegas, Report Says](https://www.shelterrealty.com/2024/11/29/homebuyers-under-25-not-buying-houses-in-las-vegas-report-says/) - LAS VEGAS, NV – Members of Generation Z – which are comprised of individuals under the age of 25, or anyone born after 1997 – are the youngest segment of the nation’s homebuying community, and this demographic makes up the smallest percentage of those purchasing houses in Las Vegas, a new report says. According to a
- [Case-Shiller National Home Price Index Shows House Price Growth Finally Slowing](https://www.shelterrealty.com/2024/11/27/case-shiller-national-home-price-index-shows-house-price-growth-finally-slowing/) - LAS VEGAS, NV – While the prices of houses in the U.S. continue on their upward trajectory – steadfastly fueling concerns regarding affordability for many – the new Case-Shiller U.S. National Home Price NSA Index (graph) released by S&P CoreLogic on November 26 indicates that the degree of home price growth is finally slowing down after a
- [Clark County Has Issued $10.5 Million in Fines to Operators of Illegal Short-Term Rentals Since 2019](https://www.shelterrealty.com/2024/11/25/clark-county-has-issued-10-5-million-in-fines-to-operators-of-illegal-short-term-rentals-since-2019/) - LAS VEGAS, NV – In Clark County, there are some 10,000 short-term rental properties, but only a tiny percentage of them are licensed; the others have incurred large fines that have added up to millions of dollars for the county’s coffers over the years. During a recent interview, Rachel O'Brien from OpenTheBooks.com spoke on the fines that
- [Nevada Apartment Association Issues Statement Responding to Extension of Eviction Ban](https://www.shelterrealty.com/2021/06/30/nevada-apartment-association-issues-statement-responding-to-extension-of-eviction-ban/) - LAS VEGAS, NV – In the wake of the fourth – and allegedly final – extension of the federal eviction moratorium by the Biden Administration in an attempt to assist millions of tenants who have fallen behind on their rent gain access to last-minute monetary assistance, landlords have announced their displeasure, with the Nevada State
- [New Nevada Eviction Bill Will Allow Landlords to Apply for Rental Assistance on Behalf of Tenants](https://www.shelterrealty.com/2021/07/05/new-nevada-eviction-bill-will-allow-landlords-to-apply-for-rental-assistance-on-behalf-of-tenants/) - LAS VEGAS, NV – According to reports, a recently passed eviction bill aims to address the many issues being faced by landlords throughout the ongoing COVID-19 pandemic, particularly when it comes to offering potential financial relief when it comes to tenants who may have access to federal rental assistance funds but for whatever reason have not
- [Princeton: Clark County Could See Most Evictions in U.S. When CDC Ban Ends July 31](https://www.shelterrealty.com/2021/07/12/princeton-clark-county-could-see-most-evictions-in-u-s-when-cdc-ban-ends-july-31/) - LAS VEGAS, NV – According to the Eviction Lab at Princeton University, Clark County, Nevada is potentially facing more evictions than any other area in the United States when the Centers for Disease Control and Prevention’s (CDC) eviction moratorium ends July 31, reports say. The Eviction Lab at Princeton University, according to their website, “creates data, interactive
- [The Federal Eviction Moratorium Ends August 1; What Will it Mean for Landlords?](https://www.shelterrealty.com/2021/07/30/the-federal-eviction-moratorium-ends-august-1-what-will-it-mean-for-landlords/) - LAS VEGAS, NV - The eviction moratorium instituted and extended by the Centers for Disease Control and Prevention (CDC) is finally slated to come to an end on August 1, and while it will likely result in thousands of eviction cases for Nevada residents – as well as residents nationwide – what exactly will it mean
- [As Eviction Moratorium Comes to an End, Governor Sisolak Urges Residents to Seek Rental Assistance](https://www.shelterrealty.com/2021/08/02/as-eviction-moratorium-comes-to-an-end-governor-sisolak-urges-residents-to-seek-rental-assistance/) - LAS VEGAS, NV - After several controversial extensions since it was originally instituted in the fall by the Centers for Disease Control and Prevention (CDC) to prevent homelessness during the COVID-19 pandemic, the federal eviction moratorium finally came to an end on July 31, and now thousands of households in Nevada are facing potential eviction
- [Experts Say End of Eviction Moratorium Could Help Las Vegas Housing Market](https://www.shelterrealty.com/2021/08/04/experts-say-end-of-eviction-moratorium-could-help-las-vegas-housing-market/) - LAS VEGAS, NV - As the COVID-19 pandemic continues to wind down as vaccination rates increase, the Las Vegas housing market has been skyrocketing, with inventory continuing to shrink as prices correspondingly continue to climb higher and higher. It’s a matter of supply and demand, and currently the demand is outpacing the supply. It’s a
- [CDC Issues New “Potentially Illegal” Eviction Ban for “High COVID Infection” Areas; 12 Counties in Nevada Affected](https://www.shelterrealty.com/2021/08/06/cdc-issues-new-potentially-illegal-eviction-ban-for-high-covid-infection-areas-12-counties-in-nevada-affected/) - The Centers for Disease Control and Prevention (CDC) issued a new national eviction moratorium on Tuesday – after the previous one had expired over the weekend – with this one not taking the form of a “blanket” ban on evictions, but instead targeting counties in the United States with high infection rates of COVID-19. And while the
- [Nevada State Apartment Association Reacts to New CDC Eviction Moratorium: “Enough is Enough”](https://www.shelterrealty.com/2021/08/13/nevada-state-apartment-association-reacts-to-new-cdc-eviction-moratorium-enough-is-enough/) - LAS VEGAS, NV - Since the Centers for Disease Control and Prevention (CDC) issued their initial eviction moratorium in September of 2020, landlords have been unfortunately caught in a tug-of-war between the federal government and their tenants that reside in their rental properties, all due to the COVID-19 pandemic, a national malady that seems to refuse
- [U.S. Court of Appeals Expected to Issue Ruling on CDC Eviction Moratorium This Week](https://www.shelterrealty.com/2021/08/16/us-court-of-appeals-expected-to-issue-ruling-on-cdc-eviction-moratorium-this-week/) - LAS VEGAS, NV - The U.S. Court of Appeals for the District of Columbia is expected to issue a ruling this week as to whether or not the recent eviction moratorium set in place by the Centers for Disease Control and Prevention (CDC) will be allowed to continue. The new, limited moratorium was imposed by the CDC
- [Appeals Court Upholds CDC Eviction Moratorium; Case Set to Go to Supreme Court This Week](https://www.shelterrealty.com/2021/08/23/appeals-court-upholds-cdc-eviction-moratorium-case-set-to-go-to-supreme-court-this-week/) - LAS VEGAS, NV - The U.S. Court of Appeals issued a ruling on Friday that upheld the eviction moratorium enacted by the Centers for Disease Control and Prevention (CDC) on August 3, after the previous eviction ban was allowed to lapse by Congress. The next stop for the case, filed by a group of Alabama
- [Study Finds CDC Eviction Moratoriums is Battering Nevada Landlords and Economy](https://www.shelterrealty.com/2021/08/25/study-finds-cdc-eviction-moratoriums-is-battering-nevada-landlords-and-economy/) - LAS VEGAS, NV - According to a recent study, the eviction moratoriums enacted by the Centers for Disease Control and Prevention to help reduce homelessness during the COVID-19 pandemic have had the incredibly negative side-effect of proving extremely costly to both Nevada landlords and the state’s overall economy. The positive benefit to Nevada’s economy that is
- [SCOTUS Strikes Down Biden Admin Eviction Moratorium; Clears Way For Potentially Millions Of Evictions To Begin](https://www.shelterrealty.com/2021/08/27/supreme-court-strikes-down-biden-administration-eviction-moratorium/) - LAS VEGAS, NV - The United States Supreme Court on Thursday issued a ruling that struck down the latest eviction moratorium enacted by the Biden Administration – stating that it can only be extended via Congressional legislation – clearing the way for potentially millions of evictions across the country to begin. The newly-invalidated eviction moratorium was initially
- [Tenants in Nevada Facing Eviction May Not Be Affected by Supreme Court Ruling](https://www.shelterrealty.com/2021/08/30/tenants-in-nevada-facing-eviction-may-not-be-affected-by-supreme-court-ruling/) - Last week, the United States Supreme Court struck down the Biden Administration’s nationwide eviction moratorium; however, is unlikely to have any impact whatsoever upon tenants facing eviction for nonpayment of rent due to a recently-passed piece of legislation in the state of Nevada which offers ironclad protections for those who have applied for federal rent relief funding.
- [After End of Eviction Moratorium, Evictions in Las Vegas Quadruple Since 2020](https://www.shelterrealty.com/2021/11/17/after-end-of-eviction-moratorium-evictions-in-las-vegas-quadruple-since-2020/) - LAS VEGAS, NV - Since the end of the eviction moratorium in Las Vegas on May 31, 2021 – which was originally set in-place during the COVID-19 pandemic – Las Vegas has since seen a significant spike in evictions for a number of different reasons, but primarily for nonpayment of rent for an extended period of time.
- [Nevada Legislature Introduces New Bill That Would Require Landlords to File Affidavit Before Eviction](https://www.shelterrealty.com/2023/04/07/nevada-legislature-introduces-new-bill-that-would-require-landlords-to-file-affidavit-before-eviction/) - LAS VEGAS, NV – The Nevada Legislature last week introduced Assembly Bill 340, which, if passed, will change how landlords in Nevada can evict tenants from their properties by forcing them to first file an affidavit in court before they are allowed to start the eviction process. AB 340 was presented to the Nevada Legislature Assembly Judiciary Committee last
- [Uptick in Evictions Coming to Las Vegas Following June Expiration of COVID-19 Protections](https://www.shelterrealty.com/2023/08/04/uptick-in-evictions-coming-to-las-vegas-following-june-expiration-of-covid-19-protections/) - LAS VEGAS, NV – Following the expiration of a specific COVID-19 expiration this past June, landlords in Las Vegas are now allowed to proceed with evicting tenants who have not been paying their rent, even if said tenant has applied for and is awaiting approval for participation in rental assistance programs. As a result
- [Growing Number of States Allowing Tenants to Seal Eviction Records; How Are Nevada Landlords Affected?](https://www.shelterrealty.com/2024/08/26/growing-number-of-states-allowing-tenants-to-seal-eviction-records-how-are-nevada-landlords-affected/) - LAS VEGAS, NV – Following the end of pandemic-era housing protections, the number of evictions soared nationally and many tenants who failed to pay their rent during COVID-19 – either because of financial issues brought about by the virus, or because they were simply taking advantage of the law for their own gain – found
- [New Study Notes Clark County Among Municipalities with Highest Eviction Rates in Nation](https://www.shelterrealty.com/2024/09/04/new-study-notes-clark-county-among-municipalities-with-highest-eviction-rates-in-nation/) - LAS VEGAS, NV – According to a new study released by the Eviction Lab at Princeton University, Clark County, Nevada is among the municipalities with the highest rates of tenant eviction in the nation. However, Princeton’s study should not be considered 100 percent definitive, said Eviction Lab research specialist Grace Hartley, as its parameters are narrower
- [Las Vegas Has 7th-Highest Eviction Rate Out of 34 Major Metros Tracked in Princeton Study](https://www.shelterrealty.com/2024/11/22/las-vegas-has-7th-highest-eviction-rate-out-of-34-major-metros-tracked-in-princeton-study/) - LAS VEGAS, NV – According to a new study, Las Vegas currently has one of the highest eviction rates in the nation, owing in part to the Nevada state judicial system leaning in favor of the rights of landlords, particularly when it comes to nonpayment of rent by tenants. As per Princeton’s Eviction Lab, Las Vegas
- [Las Vegas’ Desert Pines Golf Club to Be Redeveloped Into Affordable Housing Project](https://www.shelterrealty.com/2024/11/20/las-vegas-desert-pines-golf-club-to-be-redeveloped-into-affordable-housing-project/) - LAS VEGAS, NV – $25 million has been approved by the Nevada State Infrastructure Bank to finance the initial phase of the redevelopment of the Desert Pines Golf Club, currently owned by the city of Las Vegas, into the largest affordable housing project in the history of the state of Nevada. The Desert Pines Redevelopment Project –
- [New Industry Report Says Las Vegas Median Apartment Rent Over $2,100](https://www.shelterrealty.com/2024/11/18/new-industry-report-says-las-vegas-median-apartment-rent-over-2100/) - LAS VEGAS, NV – According to a new report released by industry group Construction Coverage, the median apartment rent – that is, the number smack dab in the middle of the average – in the Las Vegas-Henderson-North Las Vegas metro area is just over $2,100 per month, making it the 20th-highest in the United States currently. The
- [Prices of Las Vegas High-Rises Up as Sales Drop to Lowest Level Since 2020](https://www.shelterrealty.com/2024/11/15/prices-of-las-vegas-high-rises-up-as-sales-drop-to-lowest-level-since-2020/) - LAS VEGAS, NV – The prices of residential apartment units in Las Vegas high-rise buildings have continued to rise considerably despite the market currently experiencing its lowest number of sales since the advent of the 2020 COVID-19 pandemic. According to a new report released by Applied Analysis, there were 499 high-rise unit sales in the third-quarter of
- [Las Vegas-Area Realtors “Cautiously Optimistic” About Impact of Upcoming Presidency on Local Market](https://www.shelterrealty.com/2024/11/13/las-vegas-area-realtors-cautiously-optimistic-about-impact-of-upcoming-presidency-on-local-market/) - LAS VEGAS, NV – While Las Vegas’ real estate scene showed a dip in activity leading up to the recent election due to the uncertainty surrounding its outcome, a new report indicates that local Realtors are “cautiously optimistic” when it comes to the potential impact that the upcoming Trump presidency could have upon the Southern Nevada marketplace.
- [Two Las Vegas High-Rise Projects Already Fetch $600 Million in Sales Before Construction Starts](https://www.shelterrealty.com/2024/11/11/two-las-vegas-high-rise-projects-already-fetch-600-million-in-sales-before-construction-starts/) - LAS VEGAS, NV – Two new high-rise luxury apartment complexes in Las Vegas – the first such projects slated to be erected since prior to the mid-2000s recession – have driven home the very real demand for high-end accommodations in the city, with the two projects already fetching a combined total of over $600 million in
- [Democrats in Nevada to Draft Rent Control Bill; Similar Bill Vetoed by Gov. Lombardo Last Year](https://www.shelterrealty.com/2024/11/08/democrats-in-nevada-to-draft-rent-control-bill-similar-bill-vetoed-by-gov-lombardo-last-year/) - LAS VEGAS, NV – Recently, the Chair of Nevada Democrats’ senior caucus, Donna West, along with Assemblywoman Sandra Jauregui (D-Las Vegas), jointly announced that they will be drafting a new rent control bill that they will attempt to make into state law, despite the fact that Republican Governor Joe Lombardo vetoed an identical measure after it landed
- [Experts Say Major Factor Affecting 2024 Election is Las Vegas Housing Crisis](https://www.shelterrealty.com/2024/11/04/experts-say-major-factor-affecting-2024-presidential-election-is-las-vegas-housing-crisis/) - LAS VEGAS, NV – One of the major hot-button topics that may affect the outcome of the 2024 presidential election on Tuesday is said to be the housing crisis currently plaguing the Las Vegas Valley – and the affordability concerns that are driving it – due to a growing lack of land available for new development, experts
- [Las Vegas-Based Home Builders Focusing on More Affordable New Homes Amid Fed Rate Cuts](https://www.shelterrealty.com/2024/11/01/las-vegas-based-home-builders-focusing-on-more-affordable-new-homes-amid-fed-rate-cuts/) - LAS VEGAS, NV – With both high housing costs and home mortgage rates driving affordability concerns upon the part of prospective home buyers, Las Vegas-based builders are hoping that the recent rate cut implemented by the Federal Reserve will make the act of purchasing a home in Southern Nevada more economically feasible going into 2025. In a
- [Nevada Real Estate Agent Growth at Highest Level in Entire Nation, Study Says](https://www.shelterrealty.com/2024/10/30/nevada-real-estate-agent-growth-at-highest-level-in-entire-nation-study-says/) - LAS VEGAS, NV – According to a new study released this week, the number of new real estate agents entering the industry in Nevada is at the highest level in the entire nation, testament to the high level of property transaction activity within the Silver State. As per a new study put out by Flatworld Mortgage
- [Rents in Las Vegas Dropping Amid Rise in Housing Supply, Redfin Study Shows](https://www.shelterrealty.com/2024/10/28/rents-in-las-vegas-dropping-amid-rise-in-housing-supply-redfin-study-shows/) - LAS VEGAS, NV – While still generally far more affordable than most other areas of the country, the cost of living in Las Vegas has come under scrutiny recently amid surges in both house prices and rent, but a new survey released by real estate company Redfin indicates that a recent increase in the number of housing
- [Numerous Multi-Million Dollar Las Vegas Homes Listed Last Month, Report Says](https://www.shelterrealty.com/2024/10/26/numerous-multi-million-dollar-las-vegas-homes-listed-last-month-report-says/) - LAS VEGAS, NV – The real estate scene in Las Vegas always goes hot and heavy, but according to a new report, September 2024 was a standout month in terms of the sheer number of high dollar properties being listed for sale on the open market. Numerous luxury homes and condominiums were put up for grabs last
- [New “Green” Luxury Apartment Complex Hosting Open House for Prospective Tenants Oct. 25](https://www.shelterrealty.com/2024/10/24/new-green-luxury-apartment-complex-hosting-open-house-for-prospective-tenants-oct-25/) - LAS VEGAS, NV – Those looking for sustainable housing options in Las Vegas’ trendy Arts District may wish to look into Midtown, a high-tech, environmentally-friendly “green” luxury apartment complex spearheaded by female developers that represents a unique new addition to the city’s downtown area. Midtown – located at the north end of the Las Vega Arts
- [DOJ Begins Suing Landlords That Use Criminal Background Checks to Screen Prospective Tenants](https://www.shelterrealty.com/2024/10/21/doj-begins-suing-landlords-that-use-criminal-background-checks-to-screen-prospective-tenants/) - LAS VEGAS, NV – The U.S. Department of Justice (DOJ) has stepped-up enforcement of a federal civil rights law known as the Fair Housing Act that prohibits housing discrimination based on race or color, religion, sex, national origin, familial status or disability. In particular, the DOJ is focusing on an aspect of the Fair Housing
- [Developer Purchases 20 Acres of Land Adjacent to Henderson, Plans on Building 229 Homes](https://www.shelterrealty.com/2024/10/16/developer-purchases-20-acres-of-land-adjacent-to-henderson-plans-on-building-229-homes/) - LAS VEGAS, NV – KB Home, a major homebuilder in the Las Vegas Valley, has announced that they have purchased a large plot of “prime” land adjacent to Henderson upon which they intend to construct multiple housing units next year. The 20 acres of land located in the Southeast valley along Boulder Highway and northeast of Harry Reid
- [Two Nevada STRs Among Costliest in Nation, Including One Renting for Nearly $40,000/Night](https://www.shelterrealty.com/2024/10/15/two-nevada-strs-among-costliest-in-nation-including-one-renting-for-nearly-40000-night/) - LAS VEGAS, NV – Short Term Rentals are very much in demand in areas that feature popular tourist destinations, and with one of the most visited cities on Earth – that being Las Vegas, of course – Nevada is no exception. Coupled with the age-old adage that demand sets price – Nevada is home to
- [Las Vegas Ranks Highest in Nation in Terms of Growth of New Home Listings](https://www.shelterrealty.com/2024/10/09/las-vegas-ranks-highest-in-nation-in-terms-of-growth-of-new-home-listings/) - LAS VEGAS, NV – While Las Vegas has always been a hotbed of real estate activity, a new report indicates the city currently boasts the highest levels of growth in terms of new home listings out of the entire nation. According to residential real estate brokerage and mortgage origination services company Redfin, in August of 2024, the
- [New Report Indicates Majority of 10,000 Short-Term Rentals in Las Vegas are Unlicensed](https://www.shelterrealty.com/2024/10/04/new-report-indicates-majority-of-10000-short-term-rentals-in-las-vegas-are-unlicensed/) - LAS VEGAS, NV – Las Vegas is one of the most popular tourist destinations in the world, and when those visitors come to Sin City, they obviously need places to stay. And while the city’s hotels are bustling, investors have been hedging their bets on the popular short-term rental industry in recent years, buying up
- [Developer Tops Off Las Vegas’ First “All-for-Rent” Apartment Complex](https://www.shelterrealty.com/2024/10/01/developer-tops-off-las-vegas-first-all-for-rent-apartment-complex/) - LAS VEGAS, NV – T.B. Penick & Sons, the general contractor of Las Vegas’ first “all-for-rent” apartment complex celebrated a significant construction milestone this month, officially topping off the building – which is when the last beam is placed atop a structure – in anticipation of its planned opening in summer of 2025. Dubbed “Capella” and located
- [Growing Percentage of Renters’ Income Eaten up by Rent Nationwide; Nevada and Arizona Have Largest Increases](https://www.shelterrealty.com/2024/09/27/growing-percentage-of-renters-income-eaten-up-by-rent-nationwide-nevada-and-arizona-have-largest-increases/) - LAS VEGAS, NV – The cost of housing in the United States is a hot button topic leading up to the presidential election in November, and a new study shows that the residents in a growing number of states across the nation are becoming “cost burdened” by the percentage of their income that they have to devote
- [Las Vegas Ranked in Top 15 U.S. Cities with the Highest Returns on Short-Term Rental Investments](https://www.shelterrealty.com/2024/09/25/las-vegas-ranked-in-top-15-u-s-cities-with-the-highest-returns-on-short-term-rental-investments/) - LAS VEGAS, NV – A new report released this week by Hotel News Resource (HNR) has placed Las Vegas, Nevada among the very top cities in the United States when it comes to the highest return on short-erm rental investments. The U.S. has become one of the most sought-after vacation destinations in the world in recent years,
- [Ground Broken on Unique Apartment Complex for Visually Impaired Las Vegas Residents](https://www.shelterrealty.com/2024/09/23/ground-broken-on-unique-apartment-complex-for-visually-impaired-las-vegas-residents/) - LAS VEGAS, NV – Ground was broken last Friday on a unique and pioneering affordable living apartment complex in downtown Las Vegas that caters exclusively to the needs of blind and visually impaired residents. Dubbed “Visions Park,” the $30 million project will be located next door to the Blind Center of Nevada campus at 950 Visions
- [Las Vegas Has One of the Lowest Number of Home Purchases by Millennials, Report Says](https://www.shelterrealty.com/2024/09/20/las-vegas-has-one-of-the-lowest-number-of-home-purchases-by-millennials-report-says/) - LAS VEGAS, NV – As per a newly-released report by a construction industry analytics firm, Millennials are slowly being priced out of the Las Vegas housing market, with the group being ranked as one of the lowest in terms of home buying not only in Southern Nevada, but nationwide as well. Construction Coverage notes that out
- [Las Vegas High Rise Real Estate: Palms Place Offers Good Value on Their Condo Units](https://www.shelterrealty.com/2014/07/09/las-vegas-high-rise-real-estate-palms-place-offers-good-value-on-their-condo-units/) - I attended a broker event yesterday at Palms Place, the Condo-Hotel development next door to the Palms Casino.
- [Federal Reserve to Announce First Rate Cut Since 2020; Experts Expect Mortgage Rates to Lower](https://www.shelterrealty.com/2024/09/18/federal-reserve-to-announce-first-rate-cut-since-2020-experts-expect-mortgage-rates-to-lower/) - LAS VEGAS, NV – After a number of borrowing rate increases over the past several years instituted in an attempt to combat skyrocketing inflation and prevent a potential national recession, the Federal Reserve is finally expected to implement their first rate cut in four years on Wednesday, with experts anticipating that the move will begin to
- [Las Vegas Real Estate: Foreclosures Only 7% of Available Residential Listings](https://www.shelterrealty.com/2013/11/12/las-vegas-real-estate-foreclosures-only-7-of-available-residential-listings/) - As of this writing, the Greater Las Vegas Association of Realtors Multiple Listing Service (MLS) showed a total of 8,793 active Single Family Homes, Town Homes and Condominiums available with no offers. Here is the breakdown:
- [What Are Your Investment Goals?](https://www.shelterrealty.com/2013/05/29/helping-investors-to-choose-the-right-las-vegas-properties-and-manage-them/) - Many real estate investors are finding the Las Vegas area, including Henderson and North Las Vegas, a great place to meet their investment goals.
- [Why You Should Consider 1031 Exchanges for Your Las Vegas Business Use or Investment Properties](https://www.shelterrealty.com/2014/02/23/consider-1031-exchanges-for-your-las-vegas-investment-properties/) - National home values have risen and your investment properties probably gained values too.
- [Pictures of New Home Construction Process in Henderson](https://www.shelterrealty.com/2012/09/24/inspirada-henderson-pictures-of-a-new-home-construction-process/) - Las Vegas area resale inventory is still showing a shortage of available homes for sale. Whether more foreclosed homes will come out on the market or not, you currently hardly see any bank owned homes available here in Henderson.
- [Benefits of Living in Las Vegas](https://www.shelterrealty.com/2012/04/30/benefits-of-living-in-las-vegas/) - People in so many cities and towns are troubled by the risks of natural disasters. Las Vegas has been spared from major natural disasters of the kind this client is worried about, such as earthquakes, hurricanes, tornadoes or tsunamis.
- [Stuck with a Las Vegas High Rise Condo?](https://www.shelterrealty.com/2011/10/21/stuck-with-a-las-vegas-high-rise-condo/) - It wasn’t long ago that Las Vegas was going to experience a phenomenon coined as the “Manhattanization” of Las Vegas.
- [Score High for Your New Las Vegas Home](https://www.shelterrealty.com/2011/08/23/score-high-for-your-new-las-vegas-home/) - hat’s in a number? Your chances of getting your new Las Vegas dream home – that’s what!
- [Experts Discuss the Impact of Short-Term Rentals on Las Vegas’ Resort Industry](https://www.shelterrealty.com/2024/09/17/experts-discuss-the-impact-of-short-term-rentals-on-las-vegas-resort-industry/) - LAS VEGAS, NV – For decades, the resort industry has dominated the Las Vegas economy, with glitzy and glamorous hotels providing convenient opportunities for visitors and tourists to enjoy the many casinos and entertainment options lining the famed Las Vegas Strip and its surrounding areas. However, the advent of short-term rentals – via services such
- [Rent in Las Vegas: Where is it Lowering, and Where is it Increasing?](https://www.shelterrealty.com/2024/09/13/rent-in-las-vegas-where-is-it-lowering-and-where-is-it-increasing/) - LAS VEGAS, NV – The cost of rent continues to be a hot button topic in Southern Nevada, with the dough tenants are handing over to their landlords each and every month increasing in some parts of the Las Vegas Valley while decreasing in others. But for renters looking to save a few bucks and
- [Clark County, NV FHA Loan Limits Decrease By $128,950 On Oct.1](https://www.shelterrealty.com/2011/06/03/clark-county-nv-fha-loan-limits-decrease-by-128950-on-oct-1-2011/) - FHA loan limits drop from 400k to 271k on Oct 1. Here's a list of all the homes that are within that price range difference.
- [Shelter Realty Welcomes Las Vegas Property Manager, Melody Wallace](https://www.shelterrealty.com/2011/06/18/shelter-realty-welcomes-las-vegas-property-manager-melody-wallace/) - We’re excited to announce a new addition to our Property Management team, Las Vegas Property Manager, Melody Wallace.
- [Las Vegas Named In Top 10 Cities To Purchase Real Estate](https://www.shelterrealty.com/2011/04/26/las-vegas-named-in-top-10-cities-to-purchase-real-estate/) - Las Vegas has made several top 10 real estate and economy lists in the past few years, yet this is the first positive mention of our local market that I’ve seen in a while.
- [Leaving Las Vegas - Million Dollar Mansions In Foreclosure](https://www.shelterrealty.com/2011/04/27/las-vegas-mansions-in-foreclosure/) - Even the wealthy are considering strategic defaults on their million dollar mansions in Las Vegas. Here's a list of the most recent $1million plus Clark County foreclosures.
- [Are VA Loans Better Than Conventional Mortgages?](https://www.shelterrealty.com/2011/03/30/is-a-va-loan-better-than-a-conventional-mortgage/) - A VA loan is often a better option than a convention mortgage for veteran and active duty military home buyers who are interested in purchasing a Las Vegas home.
- [Getting The Most Bang for Your Buck](https://www.shelterrealty.com/2011/04/15/buying-a-new-las-vegas-home-getting-the-most-bang-for-your-buck/) - Here are a few ways you can get the best deal on a new or resell home if you're looking at investing in Las Vegas real estate.
- [Five Ways Landlords Can Protect Their Vacant Las Vegas Rental Properties](https://www.shelterrealty.com/2011/03/30/five-ways-landlords-can-protect-their-vacant-las-vegas-rental-properties/) - As a former police officer for the city of Henderson, I have have a unique perspective on crime involving vacant properties. Protecting your las vegas rental property.
- [12 Steps To Getting Your Las Vegas Rental Property "Rent Ready"](https://www.shelterrealty.com/2011/04/01/12-steps-to-getting-your-las-vegas-rental-property-rent-ready/) - Our new Las Vegas landlord property management clients are generally overwhelmed at the amount of effort and detail that goes into preparing a rental property for new tenants.
- [Can I Finance A Luxury Queensridge Home With A Low Down Payment?](https://www.shelterrealty.com/2011/03/29/las-vegas-queens-ridge-latest-homes-for-sale/) - Yes, it is possible to finance a luxury Las Vegas home in the beautiful Queensridge Community with as little as a mortgage 3.5% down payment.
- [How Can A VA Compromise Sale Help Underwater Las Vegas Homeowners?](https://www.shelterrealty.com/2011/03/28/las-vegas-va-compromise-sale/) - If your Las Vegas property is secured by a VA loan with a mortgage balance that is higher than the appraised value, and you need to sell, then you may be eligible for a special program called a VA Compromise Sale.
- [Shelter Realty Closes a Short Sale Listing in Turnberry Towers](https://www.shelterrealty.com/2011/03/01/shelter-realty-closes-a-short-sale-listing-in-turnberry-towers/) - Shelter Realty’s short sale division successfully closed a listing in the high-end condo development, Turnberry Towers located in Las Vegas, Nevada.
- [Get Mortgage Approval If You Are One Day Out Of A Short Sale](https://www.shelterrealty.com/2011/03/04/get-mortgage-approval-if-you-are-one-day-out-of-a-las-vegas-short-sale/) - According to recent changes in FHA Financing Guidelines as of March, 2011, Las Vegas home buyers one day out of a short sale may qualify for a new mortgage.
- [Las Vegas Housing Update: Death of Fannie Mae / Freddie Mac Coming?](https://www.shelterrealty.com/2011/02/10/las-vegas-housing-update-death-of-fannie-maefreddie-mac-coming/) - Many media outlets such as The Wall Street Journal and Bloomberg are reporting that the Obama administration is considering plans to get the government out of the mortgage business and are submitting different plans "to bring a controlled end" to the government sponsored enterprises (GSE's).
- [Pricing Your Las Vegas Short Sale](https://www.shelterrealty.com/2011/02/02/pricing-your-las-vegas-short-sale/) - Savvy listing agents know that pricing the home is not simply a matter of maximizing the amount a buyer is willing to pay for a home.
- [Inflation Revealed: Las Vegas Home in 1997 Cost $124,000, Equivalent to $246,729 Today](https://www.shelterrealty.com/2024/09/03/inflation-revealed-las-vegas-home-in-1997-cost-124000-equivalent-to-246729-today/) - LAS VEGAS, NV – According to new history data released by industry group Las Vegas Realtors (LVR) illustrating how inflation has made home ownership more costly in recent years, in 1997 the median price of an existing single-family home in Southern Nevada was $124,000, which would be the equivalent of $246,829 in today’s current market. However, clearly
- [Presidential Campaign Ad Unveils Plan to Address Affordable Housing Shortage in Nevada](https://www.shelterrealty.com/2024/08/30/presidential-campaign-ad-unveils-plan-to-address-affordable-housing-shortage-in-nevada/) - LAS VEGAS, NV – The presidential campaign of Kamala Harris released an ad this week detailing her plan to address the housing shortage and lower home costs in the United States, should she be successful in her bid to be elected to the White House in November. The advertisement – targeting residents in swing states including
- [Las Vegas Valley Sees Largest Year-Over-Year Increase in Investor Home Purchases in Entire Nation](https://www.shelterrealty.com/2024/08/28/las-vegas-valley-sees-largest-year-over-year-increase-in-investor-home-purchases-in-entire-nation/) - LAS VEGAS, NV – According to a new report released by residential real estate brokerage and mortgage origination services company Redfin, the Las Vegas Valley has seen the number of homes purchased by investors increase year-over-year by the largest margin in the entire nation. In the second quarter of 2024, purchases made by investors – in
- [Las Vegas Short Sale Update:  HAFA: Treasury Dept Tries to Shore Up Program](https://www.shelterrealty.com/2011/01/12/las-vegas-short-sale-update-hafa-treasury-dept-tries-to-shore-up-program/) - In 2010, the government rolled out a supplemental program to Home Affordable Modification Program called HAFA.
- [Another Short Sale Success for Shelter Realty in Las Vegas](https://www.shelterrealty.com/2011/02/28/another-short-sale-success-for-shelter-realty-in-las-vegas/) - Shelter Realty closed another short sale listing last week, it’s 17th in a row with full liability release for our clients.
- [Team Sena Gets Bank of America Deficiency Waived on Las Vegas Short Sale](https://www.shelterrealty.com/2010/10/27/team-sena-gets-bank-of-america-deficiency-waived-on-las-vegas-short-sale/) - It has been a long road in fighting Bank of America (BofA) over the past few years while trying to help Las Vegas homeowners settle their debt through the short sale of their homes.
- [Las Vegas the Way It Was and Could be Again](https://www.shelterrealty.com/2010/12/19/las-vegas-the-way-it-was-and-could-be-again/) - Las Vegas developed into a prime real estate investment attraction primarily due to four things:
- [New Versus Resale - Pros and Cons](https://www.shelterrealty.com/2010/11/01/new-versus-resale-pros-and-cons/) - Let’s start off by saying that purchasing price aside; it is obvious that a new Las Vegas home will be relatively free of the aging problems that require maintenance in older homes.
- [Construction of Las Vegas Convention Center Expansion On-Schedule for Late 2020 Completion](https://www.shelterrealty.com/2019/07/18/construction-of-las-vegas-convention-center-expansion-on-schedule-for-late-2020-completion/) - LAS VEGAS, NV - The ongoing work to expand the Las Vegas Convention Center is currently on-schedule for its projected late-2020 completion date, according to reports, with concerns that recent major earthquakes in California may have affected the project being completely dismissed by a spokesperson for the Las Vegas Convention and Visitors Authority (LVCVA). The
- [Las Vegas Golf Course Homes; Great Time to Buy Home of Your Dreams](https://www.shelterrealty.com/2010/01/25/las-vegas-golf-course-homes-now-is-a-great-time-to-buy-the-home-of-your-dreams/) - Why is now a great time to buy the golf course home of your dreams? In the Las Vegas area there are over 50 golf courses with homes surrounding most of them. Currently Las Vegas has over 800 properties listed in golf communities that range in price from a condo at Lake Las Vegas for
- [Should Judges Be Allowed to Dictate Mortgage Terms?](https://www.shelterrealty.com/2009/01/25/should-judges-be-allowed-to-dictate-mortgage-terms/) - There is a bankruptcy bill that is being pushed by Democrats that would give Judges the power to dictate mortgage terms.
- [Clark County Finally Issues Three Short-Term Rental Licenses Amid Backlog Hundreds Deep](https://www.shelterrealty.com/2024/08/23/clark-county-finally-issues-three-short-term-rental-licenses-amid-backlog-hundreds-deep/) - LAS VEGAS, NV – After an extended period of time that has left many Las Vegas landlords grumbling and downright angry over the prospects of missed income, unincorporated Clark County has finally begun to issue short-term rental licenses…well, three of them anyway, amid a massive backlog of applicants hundreds deep who have been waiting for
- [Las Vegas Construction Projects Seeking, Hiring U.S. Military Vets for Leadership, Teamwork Skills](https://www.shelterrealty.com/2018/11/28/las-vegas-construction-projects-seeking-hiring-u-s-military-vets-for-leadership-teamwork-skills/) - LAS VEGAS, NV - Construction projects in Las Vegas have been ramping up in recent months through an effort to satisfy the growing demand for both housing units and new space for the city’s business sector, and developers in the region – especially when it comes to the in-progress Las Vegas Stadium – have been
- [If a Rental Tenant Has a Fire, What Are The Responsibilities As a Nevada Landlord?](https://www.shelterrealty.com/2024/08/21/if-a-rental-tenant-has-a-fire-what-are-your-responsibilities-as-a-nevada-landlord/) - LAS VEGAS, NV – If the tenant of a rental property you own has a fire, it’s important to know what your responsibilities are as a landlord in the state of Nevada; what are you obligated to provide, and what falls upon the shoulders of your tenant? This article will break that down. While the specific details
- [New Rules Governing Real Estate Industry Go Into Effect, Could Complicate Home-Buying Process](https://www.shelterrealty.com/2024/08/20/new-rules-governing-real-estate-industry-go-into-effect-could-complicate-home-buying-process/) - LAS VEGAS, NV – New rules governing the United States real estate industry are going into effect this week that could potentially make the process of buying and selling a house – both in Las Vegas and nationwide – more difficult and complicated than before. Now, before a prospective buyer can even receive a tour of a
- [Group of Las Vegas Homeowners File Lawsuit to Stop Construction of 216-Foot-Tall Mormon Temple](https://www.shelterrealty.com/2024/08/16/group-of-las-vegas-homeowners-file-lawsuit-to-stop-construction-of-216-foot-tall-mormon-temple/) - LAS VEGAS, NV – A group of frustrated homeowners in Las Vegas have filed a lawsuit in an attempt to stop the construction of a gigantic Mormon temple in their neighborhood, claiming that the Las Vegas City Council misinterpreted building restrictions when granting approval to the project; the angry residents are requesting that a judge overturn
- [20-Year, $600 Million Las Vegas Convention Center Renovation Reaches Construction Milestone](https://www.shelterrealty.com/2024/08/14/20-year-600-million-las-vegas-convention-center-renovation-reaches-construction-milestone/) - LAS VEGAS, NV – The 20-year effort to renovate and upgrade the Las Vegas Convention and Visitors Authority’s (LVCVA) public convention center reached a significant milestone this week ahead of the much-anticipated completion of the project’s $620 million Phase 3 in 2025. A white iron beam signed by construction workers, local officials and community leaders was raised
- [Las Vegas Homeowner Accused of Operating Illegal Short-Term Rental Says $55K Fine “Way Too Steep”](https://www.shelterrealty.com/2024/08/12/las-vegas-homeowner-accused-of-operating-illegal-short-term-rental-says-55k-fine-way-too-steep/) - LAS VEGAS, NV – An effort on the part of a local homeowner to contest a “way too steep” $55,000 fine after being accused of operating an illegal short-term rental was shot down by the Las Vegas City Council last Wednesday, who noted that the defendant had been warned multiple times that he was breaking the municipality’s
- [CDC Extends Eviction Memorandum 4th Time, Until End of July; Says it’s the “Last Time”](https://www.shelterrealty.com/2021/06/26/cdc-extends-eviction-memorandum-4th-time-until-end-of-july-says-its-the-last-time/) - LAS VEGAS, NV – With only days remaining before it was slated to come to an end, the Centers for Disease Control and Prevention (CDC), under the direction of the Biden Administration, announced Thursday that they would be extending the national eviction memorandum for one more month – from June 30 to July 31 – to assist
- [Nevada Landlords Set to Experience More Financial Burden Due to Eviction Ban Extension](https://www.shelterrealty.com/2021/04/07/nevada-landlords-set-to-experience-more-financial-burden-due-to-eviction-ban-extension/) - LAS VEGAS, NV – According to reports, the recent extension until June 30 of the COVID-19 federal eviction moratorium issued by the Centers for Disease Control and Prevention (CDC) spells three more months of relief for tenants, both in Nevada and nationwide. But the eviction ban extension also means three more months that many local landlords
- [Purchasing A Las Vegas Home With A VA Mortgage Loan](https://www.shelterrealty.com/2011/03/22/las-vegas-va-loan-purchase/) - Learn how to purchase a home with a VA loan. Read about the ins and outs of a VA purchase mortgage.
- [What You Should Keep In Mind Before You Downsize Into Your New Las Vegas Home](https://www.shelterrealty.com/2011/10/10/what-you-should-keep-in-mind-before-you-downsize-into-your-new-las-vegas-home/) - There are many different reasons why people downsize – they retire, get divorced, become empty nesters or are just tired of paying for (and maintaining) a larger home.
- [Looking to Buy a Las Vegas Home? Complete These 10 Steps First](https://www.shelterrealty.com/2011/09/02/looking-to-buy-a-las-vegas-home-complete-these-10-steps-first/) - If you’re a first-time home buyer or looking to upgrade to your dream home, there are 10 steps you’ll want to complete before you even start looking at listings of Las Vegas homes for sale.
- [Looking for a Las Vegas Real Estate Agent? You’ll Want to Ask These 10 Questions First](https://www.shelterrealty.com/2011/09/01/looking-for-a-las-vegas-real-estate-agent-youll-want-to-ask-these-10-questions-first/) - Hiring a real estate agent can be a confusing process, especially if you are new to the market and don’t already have someone you know and trust lined up to help.
- [Shelter Realty Welcomes Atsuko Winston to the Team](https://www.shelterrealty.com/2011/08/26/shelter-realty-welcomes-atsuko-winston-to-the-team/) - I am thrilled to announce that Las Vegas real estate agent and property manager Atsuko Winston has joined the Shelter Realty team.
- [Unique and Lavish Medieval-Themed Las Vegas Mansion Lists for $10 Million](https://www.shelterrealty.com/2024/08/09/unique-and-lavish-medieval-themed-las-vegas-mansion-lists-for-10-million/) - LAS VEGAS, NV – A 10.5-acre custom estate in Las Vegas featuring a fascinating and lavish medieval-themed Las Vegas mansion has just been listed on the market for $10 million. Located upon a gated hilltop in Henderson, the startlingly unique, castle-themed 14,756-square-foot luxury residence was originally built in 2006 by Vegas-based magician Lance Burton. He had
- [Sale of Expensive Homes Adjacent to Las Vegas Raiders Headquarters, Practice Facility Doubled, Reports Say](https://www.shelterrealty.com/2020/05/21/sale-of-expensive-homes-adjacent-to-las-vegas-raiders-headquarters-practice-facility-doubled-reports-say/) - LAS VEGAS, NV - The arrival of the Raiders NFL team to the Las Vegas region has sparked numerous aspects of the local economy, creating jobs and attracting businesses and even fans that have deemed it necessary to transplant themselves to the new city of their beloved team. But the latest news is that the team’s new
- [Bonnie Springs Ranch Set to Be Developed Into Luxury Housing Community Featuring 16 Homes](https://www.shelterrealty.com/2022/03/25/bonnie-springs-ranch-set-to-be-developed-into-luxury-housing-community-featuring-16-homes/) - LAS VEGAS, NV – Bonnie Springs Ranch, a defunct attraction near Blue Diamond, Nevada that included an 1880’s-style western town replica and a zoo, is set to get a high-end makeover in the form of a new luxury housing development. A groundbreaking was recently held for The Reserve at Red Rock Canyon – the new name for
- [Yet More Pandemic Woes for Las Vegas Landlords: Renters That Trash Their Homes While Leaving](https://www.shelterrealty.com/2021/05/17/yet-more-pandemic-woes-for-las-vegas-landlords-renters-that-trash-their-homes-while-leaving/) - LAS VEGAS, NV – As if Las Vegas landlords weren’t already beset with pandemic-related issues involving numerous tenants either behind on their rent – or, thanks to ongoing eviction moratoriums, not paying at all – now a troubling new trend has seen woes increase further- renters basically trashing their homes while in the process of
- [Florida Tenant is Killed by Landlord During Eviction](https://www.shelterrealty.com/2017/08/20/florida-tenant-is-killed-by-landlord-during-eviction/) - In Winter Springs, Florida, a Landlord's son was removing the tenant's belongs from his parent's property when the tenants showed up.
- [Las Vegas Neighborhood Spotlight: Get Your Toes Wet at Desert Shores](https://www.shelterrealty.com/2011/09/15/las-vegas-neighborhood-spotlight-get-your-toes-wet-at-desert-shores/) - There are currently 298 homes for sale in the Las Vegas 89128 zip code, which includes the master planned community of Desert Shores.
- [Las Vegas Neighborhood Spotlight: Head for the Centennial Hills](https://www.shelterrealty.com/2011/08/28/las-vegas-neighborhood-spotlight-head-for-the-centennial-hills/) - There are currently 542 homes for sale in the Las Vegas 89149 zip code, which includes the master planned community of Centennial Hills
- [Las Vegas Neighborhood Spotlight: Everything Is Close By When You Live In Green Valley](https://www.shelterrealty.com/2011/08/16/las-vegas-neighborhood-spotlight-everything-is-close-by-when-you-live-in-green-valley/) - There are currently 200 homes for sale in the Las Vegas 89014 zip code, which includes the master planned community of Green Valley.
- [Nevada Attorney General Ford Announces $2 Million in Emergency Funding for Rental Assistance](https://www.shelterrealty.com/2020/04/08/nevada-attorney-general-ford-announces-2-million-in-emergency-funding-for-rental-assistance/) - CARSON CITY, NV – Yesterday, April 7, 2020, Nevada Attorney General Aaron D. Ford announced $2 million in settlement funding for emergency rental assistance transferred to United Way of Southern Nevada and United Way of Northern Nevada and the Sierra. This funding will go directly to Nevada families in need of emergency assistance. Additionally, the
- [Sisolak: Nevada Evictions Can Begin July 1 for Commercial Properties, August 1 for Some Residential Properties](https://www.shelterrealty.com/2020/06/26/sisolak-nevada-evictions-can-begin-july-1-for-commercial-properties-august-1-for-some-residential-properties/) - LAS VEGAS, NV - Since the beginning of April, Nevada residents whose finances have been negatively impacted by the ongoing COVID-19 pandemic have been offered a safety net against eviction by a moratorium issued by state Governor Steve Sisolak. However, that moratorium is due to cease July 1 for commercial properties and August 1 for
- [Opening of Virgin Hotels Las Vegas Facing Potential Delay In Light of Continued COVID-19 Pandemic](https://www.shelterrealty.com/2020/11/30/opening-of-virgin-hotels-las-vegas-facing-potential-delay-in-face-of-continued-covid-19-pandemic/) - LAS VEGAS, NV – According to recent reports, Virgin Hotels Las Vegas, which was originally looking to open their doors for business this fall, is currently facing the possibility of delays that could push that opening into early 2021 due to complications caused by the ongoing pandemic. Due to spikes in positive COVID cases nationwide, Nevada
- [California Investment Firm Acquires Las Vegas Crossroads Commons Retail Plaza for $50 Million](https://www.shelterrealty.com/2021/01/27/california-investment-firm-acquires-las-vegas-crossroads-commons-retail-plaza-for-50-million/) - LAS VEGAS, NV – According to reports, Southern California investment firm Sakioka Farms has purchased Crossroads Commons, a large retail plaza located near Las Vegas’ Summerlin community, for the price of $50.75 million. Crossroads Commons, located on the busy intersection of Charleston Boulevard and Fort Apache Road, is situated on 16.6 acres and is home to
- [Biden Administration Seeking to Expand Oversight on Cash-Based Real Estate Transactions](https://www.shelterrealty.com/2021/12/06/biden-administration-seeking-to-expand-oversight-on-cash-based-real-estate-transactions/) - LAS VEGAS, NV - The Biden Administration’s Treasury Department is looking to crack down on all-cash real estate transactions by enacting more stringent reporting requirements, which is intended to curb money laundering activity. This is pertinent to Las Vegas, as the city is slated to be included in the initial batch of U.S. cities that the regulation
- [Clark County Passes New Ordinance Addressing Short-Term Rentals; “Stricter Than Required By State Law”](https://www.shelterrealty.com/2022/06/22/clark-county-passes-new-ordinance-addressing-short-term-rentals/) - LAS VEGAS, NV – Commissioners in unincorporated Clark County approved an ordinance on Tuesday to regulate short-term rentals, officially legalizing an industry in the region that includes services such as Airbnb and Vrbo that operate online marketplaces for lodging, primarily homestays for vacation rentals and tourism activities. The ordinance comes as a great many neighborhoods across the
- [$900 Million Luxury Condo Project in Henderson's MacDonald Highlands Approved by City Council](https://www.shelterrealty.com/2022/05/18/900-million-luxury-condo-project-in-macdonald-highlands-approved-by-city-council/) - LAS VEGAS, NV – The private guard-gated MacDonald Highlands is set to receive a new $900 million luxury resort-style condominium development, as the Henderson City Council has officially granted their approval for the project, with construction expected to commence in early June of this year. Pinnacle Residences at MacDonald Highlands – the name bestowed upon the
- [Affordable Housing for Seniors in Las Vegas Valley Area Coming Soon](https://www.shelterrealty.com/2023/04/25/affordable-housing-for-seniors-in-las-vegas-valley-area-coming-soon/) - LAS VEGAS, NV - For many people, visiting Las Vegas is a dream vacation full of opportunities to relax and take in the sights of one of the most glamorous cities in the United States. However, for the residents of the town, especially those classified as seniors, it can be challenging to find an affordable
- [Las Vegas Strip’s Historic Diamond Inn Motel – Along with Iconic Pink Elephant - Set to be Auctioned Off, Demolished](https://www.shelterrealty.com/2024/03/11/las-vegas-strips-historic-diamond-inn-motel-along-with-iconic-pink-elephant-set-to-be-auctioned-off-demolished/) - LAS VEGAS, NV – One of the Las Vegas Strip’s most historic properties, the Diamond Inn Motel, closed down last year and has sat vacant and unused ever since. However, new reports indicate that it is set to be auctioned off and most likely demolished along with its iconic mascot – a large sculpture of a pink
- [MLB Legend Jose Canseco’s Las Vegas Home on Market for $1.6 Million, Listed Six Months with No Takers](https://www.shelterrealty.com/2024/03/25/mlb-legend-jose-cansecos-las-vegas-home-on-market-for-1-6-million-listed-six-months-with-no-takers/) - LAS VEGAS, NV – Major League Baseball (MLB) legend Jose Canseco has listed his lavish Las Vegas, Nevada home for sale on the open market for the reported amount of $1.6 million. Canseco, 59, originally purchased the 5,100-square-foot, five-bedroom, four-and-a-half bath residence – located in an affluent, guard-gated master-planned community located a short drive from downtown
- [Groundbreaking Held for New Multifamily Complex Flats Arts District; Expected to Open in 2026](https://www.shelterrealty.com/2024/05/31/groundbreaking-held-for-new-multifamily-complex-flats-arts-district-expected-open-in-2026/) - LAS VEGAS, NV – The official groundbreaking was held this Thursday for the $112 million Flats Arts District project, an upcoming multifamily complex that is being erected in the Las Vegas Arts District via a joint venture between CEDARst Cos. and Bridge Investment Group. The project is being constructed at 123 West Imperial Avenue – located one
- [Southwest Valley Is Where the Highest-Earning Vegas Residents Live, Report Says](https://www.shelterrealty.com/2024/06/03/southwest-valley-is-where-the-highest-earning-vegas-residents-live-report-says/) - LAS VEGAS, NV – According to a new report released by investment management company Colliers, the southwest valley is home to Las Vegas residents earning the highest median household income within the region. As per its apartment market report for the first quarter of 2024, Colliers notes that the southwest valley’s median income was $86,682, with that
- [Home Contractor Accused of Taking Over $200K from Victims for No Work; Officials Offer Tips to Avoid Similar Scams](https://www.shelterrealty.com/2024/07/01/home-contractor-accused-of-taking-over-200k-from-victims-for-no-work-officials-offer-tips-to-avoid-similar-scams/) - LAS VEGAS, NV – A Las Vegas home contractor is facing felony charges after he allegedly bilked numerous clients out of a combined total of over $200,000 in payments for remodeling work he never completed…and all with a license that had previously been suspended back in January, officials say. Gabriel Adame – owner of Adame Handyman Services,
- [Las Vegas-Area Ranch Previously Owned by Entertainer Wayne Newton Listed for Over $31 Million](https://www.shelterrealty.com/2024/07/05/las-vegas-area-ranch-previously-owned-by-entertainer-wayne-newton-listed-for-over-31-million/) - LAS VEGAS, NV – A massive, lavish ranch located just south of Las Vegas that was once owned by legendary entertainer Wayne Newton has been listed on the market by Nevada-based Smoketree Group for an eye-popping $31.3 million. The ranch – situated at 6629 South Pecos Road on a 39.5-acre plot of land – was originally
- [Plans Announced to Sell Southern Nevada BLM Land for $100 Per Acre for Affordable Housing](https://www.shelterrealty.com/2024/07/24/plans-announced-to-sell-southern-nevada-blm-land-for-100-per-acre-for-affordable-housing/) - LAS VEGAS, NV – The administration will be authorizing the sale of a set acreage of land in Southern Nevada by the Bureau of Land Management (BLM) for the price of $100 per acre, expressly for the construction of affordable housing to address the shortage plaguing residents of the state. Currently, the federal government owns 88
- [Most Las Vegas Homebuilders See Double-Digit Sale Increases Year-Over-Year](https://www.shelterrealty.com/2024/07/26/most-las-vegas-homebuilders-see-double-digit-sale-increases-year-over-year/) - LAS VEGAS, NV – A new report indicates that the majority of homebuilders in Las Vegas saw strong sales increases during the first half of 2024 when compared to the same period of time in 2023, with seven of the top ten developers in the region reporting impressive jumps in the double-digits. Led by Lennar, the current
- [Former Raiders QB Derek Carr Puts $9 Million Mansion on Market Following Move to New Orleans](https://www.shelterrealty.com/2024/07/31/former-raiders-qb-derek-carr-puts-9-million-mansion-on-market-following-move-to-new-orleans/) - LAS VEGAS, NV – Former Las Vegas Raiders quarterback Derek Carr has just put his lavish Southern Highlands mansion on the market for nearly $9 million, following his signing with another NFL team, the New Orleans Saints, last year. Carr’s mansion, which was built in 2020 and boasts seven bedrooms and nine bathrooms, was listed this week
- [Former Las Vegas Golden Knights’ Jonathan Marchessault Lists Summerlin Mansion for $5.2 Million Amid Move](https://www.shelterrealty.com/2024/08/05/former-las-vegas-golden-knights-jonathan-marchessault-lists-summerlin-mansion-for-5-2-million-amid-move-to-nashville/) - LAS VEGAS, NV – National Hockey League (NHL) star Jonathan Marchessault has listed his Summerlin mansion for sale for $5.2 million after leaving the Las Vegas Golden Knights – a team he has played with for the past seven seasons, during which time the team picked up a Stanley Cup win – for a new big-money deal
- [Las Vegas Mansion of Slayer Guitarist Kerry King Hits Market for $4.3 Million](https://www.shelterrealty.com/2023/05/15/las-vegas-mansion-of-slayer-guitarist-kerry-king-hits-market-for-4-3-million/) - LAS VEGAS, NV – Kerry King, the guitarist for the infamous thrash metal band Slayer, has listed his Las Vegas mansion on the real estate market for $4.3 million. The design of King’s home may surprise his many fans, with the lavish estate – complete with a clean, ultramodern, and boxy design aesthetic – running in
- [Las Vegas Home of NHL Star Max Pacioretty Sells for $11 Million; 10,000 Square-Feet, Half-Acre of Land](https://www.shelterrealty.com/2023/06/02/las-vegas-home-of-nhl-star-max-pacioretty-sells-for-11-million/) - LAS VEGAS, NV – The Las Vegas estate of National Hockey League (NHL) star Max Pacioretty, a left winger for the Carolina Hurricanes, has sold for an impressive $11 million. The sale represented two significant milestones for the Southern Nevada region; it is the highest price ever paid for a home in The Ridges – a
- [Growing Las Vegas Rental Market Giving Rise to “Phantom” Property Scams; How to Stay Safe](https://www.shelterrealty.com/2023/07/05/growing-las-vegas-rental-market-giving-rise-to-phantom-property-scams-how-to-stay-safe/) - LAS VEGAS, NV – With the rental market in Las Vegas growing by leaps and bounds as of late, this positive situation has unfortunately also given rise to an equally hazardous one - an exponential increase in the number of rental scams, which have already cost would-be renters of homes and condos in the valley thousands
- [Developer to Begin Adding New Individual Retail Locations Along Las Vegas Strip](https://www.shelterrealty.com/2023/09/13/developer-to-begin-adding-new-individual-retail-locations-along-las-vegas-strip/) - LAS VEGAS, NV – While commonplace in many other cities, visitors to the famed Las Vegas Strip will take note of the general lack of individual, freestanding retail storefronts lining the four-mile stretch of roadway; instead, the majority of stores are located either within casino hotels or enclosed malls. However, one New York-based developer
- [Work on New North Las Vegas Apartment Complex Completed, Now Leasing](https://www.shelterrealty.com/2023/10/17/work-on-new-north-las-vegas-apartment-complex-completed-now-leasing/) - LAS VEGAS, NV – Construction on Parq at Camino, a new luxury apartment complex in North Las Vegas, has been completed and the facility is now open and leasing to new tenants. Parq at Camino, developed by Morgan Stonehill, is comprised of 417 units spread out over 13 buildings and is located northwest of the Craig
- [193-Unit Intrigue Apartments Las Vegas, Workforce Housing, Sells for Nearly $34 Million](https://www.shelterrealty.com/2023/11/20/193-unit-intrigue-apartments-las-vegas-sells-for-nearly-34-million/) - LAS VEGAS, NV – Workforce housing property Intrigue Apartments Las Vegas – formerly known as Andiamo Apartments – was recently sold by Wilshire Unlimited to a private family trust in a deal that was worth $33.5 million. Part of the sale price was comprised of a $17.5 million Fannie Mae loan that carries a seven-year term
- [Las Vegas-Based NBA Arena Project Cancelled by Clark County Officials After Decade of Delays](https://www.shelterrealty.com/2023/11/29/las-vegas-based-nba-arena-project-cancelled-by-clark-county-officials-after-decade-of-delays/) - LAS VEGAS, NV – A project previously approved by Clark County that would have seen an NBA-ready arena erected in Las Vegas to entice an existing basketball franchise – or a newly created expansion team – to move to Nevada has been quietly cancelled. While experts have noted that a new arena was not required
- [Developer to Construct $380 Million Las Vegas Mixed-Use Facility; Includes NHL-Managed Ice Rink](https://www.shelterrealty.com/2023/12/12/developer-to-construct-380-million-las-vegas-mixed-use-facility-includes-nhl-managed-ice-rink/) - LAS VEGAS, NV – A California-based developer is planning to construct a $380 million mixed-use sports, entertainment, and retail facility in Las Vegas, with Agora Realty & Management having recently closed on financing and land purchases at the former site of two Las Vegas casinos in order to bring the project to life. Plans for the
- [Las Vegas Strip’s Iconic Tropicana Hotel to be Imploded in 2024 to Make Way for Oakland Athletics Stadium](https://www.shelterrealty.com/2024/01/01/las-vegas-strips-iconic-tropicana-hotel-to-be-imploded-in-2024-to-make-way-for-oakland-athletics-stadium/) - LAS VEGAS, NV – The second-oldest hotel on the Las Vegas Strip, the Tropicana, will be closed and imploded in 2024 following its partial closure in November to make way for the construction of a new home stadium for the transplanted Oakland Athletics Major League Baseball (MLB) team, signifying the loss of a major piece of Southern
- [Super Bowl LVIII Predicted to Drive Average Daily Rate of Rooms in Vegas to Highest in History](https://www.shelterrealty.com/2024/01/31/super-bowl-lviii-predicted-to-drive-average-daily-rate-of-rooms-in-vegas-to-highest-in-history/) - LAS VEGAS, NV – With the Super Bowl slated to take place in Las Vegas this year, experts are predicting that the elite event – which will be attracting sports fans from across the nation, and perhaps even the world – will result in the highest hotel average daily rate (ADR) for any host city in
- [Police to Crack Down on Super Bowl Parties at Short-Term Rentals, Asks Public to Report Disturbances](https://www.shelterrealty.com/2024/02/10/police-to-crack-down-on-super-bowl-parties-at-short-term-rentals-asks-public-to-report-disturbances/) - LAS VEGAS, NV – With Super Bowl LVIII attracting thousands upon thousands of sports fans to Las Vegas – where the big game is being hosted on February 11 at Allegiant Stadium – police have announced that they will be cracking down on loud and rowdy parties at short-terms rentals this weekend, and are asking the
- [Report: California Residents Relocating to Nevada Partly Responsible for Las Vegas Affordable Housing Shortage](https://www.shelterrealty.com/2024/02/23/report-california-residents-relocating-to-nevada-partly-responsible-for-las-vegas-affordable-housing-shortage/) - LAS VEGAS, NV – The recent drought of affordable housing options in Las Vegas can be contributed to a number of different reasons, but a new report indicates one of the factors affecting the situation is the large number of California residents relocating to Nevada that have been outcompeting state residents for housing for some time now.
- [Boring Company Facing Fines by Nevada OSHA for Multiple Safety Issues in Vegas Loop Tunnel](https://www.shelterrealty.com/2024/02/28/boring-company-facing-fines-by-nevada-osha-for-multiple-safety-issues-in-vegas-loop-tunnel/) - LAS VEGAS, NV – Elon Musk's The Boring Company Is looking at serious fines imposed by the Nevada Occupational Safety and Health Administration (OSHA) relating to what the organization is calling serious safety issues in its Las Vegas Loop tunnel system, citing multiple injuries suffered by workers for Musk’s company while constructing the underground people mover. The
- [VICI Properties Acquires Las Vegas’ MGM Growth Properties for $17.2 Billion; Now Owns Ten Resorts On Strip](https://www.shelterrealty.com/2022/05/06/vici-properties-acquires-las-vegas-mgm-growth-properties-for-17-2-billion/) - LAS VEGAS, NV – Easily ranking as one of the largest real estate sales the Las Vegas Strip has ever seen, VICI Properties Inc. announced this week that they have completed their acquisition of Las Vegas’ MGM Growth Properties LLC for $17.2 billion, which has increased the buyer’s presence on the Strip in the form of multiple
- [Construction Under Way on 40-Acre Tule Springs Regional Park in City of North Las Vegas](https://www.shelterrealty.com/2022/05/11/construction-under-way-on-40-acre-tule-springs-regional-park-in-north-las-vegas/) - LAS VEGAS, NV – The city of North Las Vegas is set to be the recipient of a new 40-acre park located in the vicinity of the 215 Beltway and Revere Street, and when it’s completed the facility is slated to be one of the city’s largest parks offering a wide variety of amenities for local residents.
- [As Deadline Nears, Public Feedback on Short-Term Rental Regulations Requested by Clark County Officials](https://www.shelterrealty.com/2022/05/13/as-deadline-nears-public-feedback-on-short-term-rental-regulations-requested-by-clark-county-officials/) - LAS VEGAS, NV – Since a recently-passed piece of legislation – Nevada State Assembly Bill 363 – has done away with a previous ban on short-term rentals in unincorporated Clark County, officials who will eventually be tasked with overseeing the industry are asking for public opinions on potential regulations that will be implemented when rentals become legal
- [26 Acres Along Las Vegas Strip Across from Mandalay Bay Now on Market for $182 Million](https://www.shelterrealty.com/2022/05/20/26-acres-along-las-vegas-strip-across-from-mandalay-bay-now-on-market-for-182-million/) - LAS VEGAS, NV – 26 acres of land located along the south edge of the famed Las Vegas Strip, the site of a proposed – and failed – Ferris wheel project is now on the open market, with the property owners asking for $7 million per acre, for a total of $182 million. Real estate brokerage
- [Formula 1 Invests $240 Million in 2023 Las Vegas Grand Prix Location; 39-Acre Site off Las Vegas Strip](https://www.shelterrealty.com/2022/05/23/formula-1-invests-240-million-in-2023-las-vegas-grand-prix-location/) - LAS VEGAS, NV – Formula 1, the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA), has revealed the extent of their considerable investment in their upcoming Las Vegas-based Grand Prix location, which is slated to take place in the center of the city – with the
- [LVCVA Board of Directors Approves $600 Million for Renovation of Las Vegas Convention Center](https://www.shelterrealty.com/2022/05/30/lvcva-board-of-directors-approves-600-million-for-renovation-of-las-vegas-convention-center/) - LAS VEGAS, NV – The board of directors of the Las Vegas Convention and Visitors Authority (LVCVA) voted to approve its 2022-2023 budget last week, and among those funds are an impressive $600 million that is earmarked towards an extensive renovation of the Las Vegas Convention Center (LVCC) as the end of the COVID-19 pandemic has seen
- [Home of Late Comedian Jerry Lewis to Hit Market Again, Seller Asking $2.7 Million](https://www.shelterrealty.com/2022/07/20/home-of-late-comedian-jerry-lewis-to-hit-market-again-seller-asking-2-7-million/) - LAS VEGAS, NV – The Las Vegas home of late comedian Jerry Lewis, which has changed hands several times over the years since his passing, has been listed on the real estate marketplace once again, with its current owner asking for a cool $2.7 million for the former abode of the legendary funnyman. Lewis had resided
- [Allegiant Stadium Due to Get New Neighboring Hotel on Las Vegas Boulevard](https://www.shelterrealty.com/2022/09/14/allegiant-stadium-due-to-get-new-neighboring-hotel-on-las-vegas-boulevard/) - LAS VEGAS, NV – The home of the NFL's Las Vegas Raiders, Allegiant Stadium, is due to receive a new neighbor on Las Vegas Boulevard in the form of a new hotel in order to give the hundreds of thousands of individuals who travel to Southern Nevada per year to watch the pro football team’s games a
- [Construction Workers in Vegas Losing Higher Wages to Increased U.S. Inflation; Segment Hit Especially Hard](https://www.shelterrealty.com/2022/11/04/construction-workers-in-las-vegas-losing-higher-wages-to-increased-u-s-inflation/) - LAS VEGAS, NV – Construction workers in Las Vegas have seen increased wages throughout last year, according to a recently-released study, but unfortunately those extra earnings have been gobbled up by the 40-year high inflation that currently holds the country in its grip, essentially negating any gains that were to be had. The study, released by Construction
- [Real Estate Expert Says Las Vegas Housing Market Still Proving to be Affordable Despite Inflation, Competition](https://www.shelterrealty.com/2022/11/25/real-estate-expert-says-las-vegas-housing-market-still-proving-to-be-affordable-despite-inflation-competition/) - LAS VEGAS, NV – The housing market nationwide has been experiencing a series of hurdles and setbacks due to the ongoing inflation and rising mortgage interest rates that have been plaguing prospective homebuyers throughout 2022. However, real estate experts are noting that while Las Vegas isn’t immune to these issues, the marketplace is currently proving to
- [Preliminary Injunction Granted for Short-Term Rental Hosts Against “Strict” Clark County Regulations](https://www.shelterrealty.com/2022/12/28/preliminary-injunction-granted-to-short-term-rental-hosts-against-strict-clark-county-regulations/) - LAS VEGAS, NV – The owners of short-term rentals and members of the Greater Las Vegas Short-Term Rental Association (GLVSTRA) were granted a preliminary injunction last week against Clark County regulations governing the local industry they criticized as being “stricter than required by state law.” Clark County commissioners had imposed numerous regulations upon short-term rental hosts including
- [Site of Infamous Las Vegas Mass Shooting Sold by MGM to Three Affiliated Tribes of North Dakota](https://www.shelterrealty.com/2023/01/02/site-of-infamous-las-vegas-mass-shooting-sold-by-mgm-to-three-affiliated-tribes-of-north-dakota/) - LAS VEGAS, NV – The Village, the site of the infamous 2017 mass shooting that is considered the deadliest such event in U.S. history, was announced on Friday as having been sold by MGM Resorts International to the Three Affiliated Tribes of North Dakota (MHA Nation). It is currently unknown how much the 13-acre plot
- [Cannabis Consumption Lounges Coming to Las Vegas Strip in 2023; Venues Will Function Similar To Bars](https://www.shelterrealty.com/2023/01/06/cannabis-consumption-lounges-coming-to-las-vegas-strip-in-2023/) - LAS VEGAS, NV – Following the approval of Nevada voters of Ballot Question 2 – the Initiative to Regulate and Tax Marijuana – the purchase, possession, and consumption of recreational marijuana for adults became legal in Nevada on January 1, 2017. "A person who is 21 years of age or older is allowed to possess
- [Clark County Becoming Popular Destination for Hawaiian Residents Fleeing High Rent](https://www.shelterrealty.com/2023/01/23/clark-county-becoming-popular-destination-for-hawaiian-residents-fleeing-high-rent/) - LAS VEGAS, NV – Not only are mainland Americans noticing the unique opportunities and affordability offered in Las Vegas, when compared to many other high-priced cities across the U.S., such as New York, and California, but Native Hawaiians have been flocking to Sin City, in large numbers, according to a recent AP story featured in
- [New Mirage Las Vegas Owner Confirms Iconic Volcano Attraction to Close in Near Future](https://www.shelterrealty.com/2023/02/03/new-mirage-las-vegas-owner-confirms-iconic-volcano-attraction-to-close-in-near-future/) - LAS VEGAS, NV – Hard Rock International, the new owners of the Mirage Las Vegas, have finally responded to repeated questions from fans of the establishment’s iconic live volcano, and while it will be remaining in service in the near and now, it has unfortunately been confirmed that the famed attraction will be retired permanently in the
- [MG Properties Acquires Las Vegas’ Tribeca North Apartment Homes for $81 Million](https://www.shelterrealty.com/2023/02/10/mg-properties-acquires-las-vegas-tribeca-north-apartment-homes-for-81-million/) - LAS VEGAS, NV – California-based MG Properties announced this week that they have acquired Tribeca North Apartment Homes in the Las Vegas metro region for $81 million. Tribeca North Apartment Homes, located at 3825 Craig Crossing Drive, is comprised of 312 luxury “low-density” apartment units and boasts numerous resort-style amenities. The individual units offer functional floorplans
- [New Study Lists Las Vegas Among Top Five “Dream Cities” in U.S. to Move To](https://www.shelterrealty.com/2023/02/20/new-study-lists-las-vegas-among-top-five-dream-cities-in-u-s-to-move-to/) - LAS VEGAS, NV – The results of a new study have indicated that Las Vegas is in the top five “dream cities” in the United States that people moved to in 2022, cementing the fact that Southern Nevada has become a highly desirable location for people to relocate to for a number of reasons, including
- [Affordable Housing Development Breaks Ground in North Las Vegas; Project Will Offer 156 Units When Completed](https://www.shelterrealty.com/2021/11/24/affordable-housing-development-breaks-ground-in-north-las-vegas-project-will-offer-156-units-when-completed/) - LAS VEGAS, NV – Lake Mead West Apartments, a new affordable housing complex that will be located near Texas Station in North Las Vegas, recently broke ground and, once development is started, is slated to be completed in 2023. According to Hassan Chaudhry, principal of developer Foresight Companies and developer of Lake Mead West Apartments, the project
- [Airbnb to Block One-Night New Year’s Eve Rentals in Las Vegas from Users with Bad Reviews](https://www.shelterrealty.com/2021/11/26/airbnb-to-block-one-night-new-years-eve-rentals-in-las-vegas-from-users-with-bad-reviews/) - LAS VEGAS, NV – In an effort to crack down on unauthorized New Year’s Eve parties in their rental partner’s properties, Aidbnb recently announced that they would be blocking users with poor credentials from reserving one-night rentals in the Las Vegas region. The move, Airbnb says, is to assist with noise complaints from neighbors and damage
- [The Palms Las Vegas, Closed Since 2020, Announces Reopening Under New Ownership](https://www.shelterrealty.com/2021/12/03/the-palms-las-vegas-closed-since-2020-announces-reopening-under-new-ownership/) - LAS VEGAS, NV - The Palms Casino Resort, which has sat closed and unused near the Las Vegas Strip since closing due to the COVID-19 pandemic in March 2020, has announced that it will now be reopening in 2022 under new ownership. The Palms, which originally opened for business in November 2001, catered to local residents and
- [Las Vegas Home, Apartment Contractors Reporting High Costs, Supply Chain Issues](https://www.shelterrealty.com/2021/12/22/las-vegas-home-apartment-contractors-reporting-high-costs-supply-chain-issues/) - LAS VEGAS, NV – Despite their efforts to combat the high demand for housing and apartment options in the Southern Nevada region for the past year-and-a-half, developers in Las Vegas have reported numerous impediments in their pathways, in particular high costs and supply-chain issues brought about by the COVID-19 pandemic. Despite the housing market in Las Vegas remaining
- [Clark County Announces Short-Term Rental Regulation Survey to Gain Residents’ Input](https://www.shelterrealty.com/2021/12/27/clark-county-launches-short-term-rental-regulation-survey-to-gain-residents-input/) - LAS VEGAS, NV - Currently, short-terms rentals such as Airbnb and VRBO are not legal in unincorporated Clark County, but all of that is set to change thanks to the passage of Assembly Bill 363 (AB363) by the Nevada Legislature, and county officials are seeking input from local residents on the regulation once the marketplace is allowed
- [Investor Makes Second High-Profile Las Vegas Apartment Purchase for $73.1 Million; Seller Enjoys Fourfold Price Increase](https://www.shelterrealty.com/2021/12/29/investor-makes-second-high-profile-las-vegas-apartment-purchase-for-73-1-million-seller-enjoys-fourfold-price-increase/) - LAS VEGAS, NV – The St. Croix multifamily community in Las Vegas was recently purchased by SB Real Estate Partners for $73.1 million from Strata Equity, which represents the second high-profile – and high-priced – acquisition of a Southern Nevada apartment complex by SB in 2021. The 256-unit, 21-building garden-style St. Croix community was purchased in an
- [200-Unit Las Vegas Multifamily Property Purchased by Bascom Group for Over $40 Million](https://www.shelterrealty.com/2021/12/31/200-unit-las-vegas-multifamily-property-purchased-by-bascom-group-for-over-40-million/) - LAS VEGAS, NV – The Bascom Group – a significant player as of late in the Southern Nevada real estate scene – has announced the purchase of Sun Chase, a 200-unit multifamily property in Las Vegas for over $40 million. Scott McClave, Bascom's Senior Principal of Acquisitions, noted that the purchase was driven by the city’s
- [“Unique Opportunity” As Development Expected Near Allegiant Stadium Amid Super Bowl 2024 Announcement](https://www.shelterrealty.com/2022/01/07/expectations-unique-money-making-opportunity-as-development-expected-near-allegiant-stadium-amid-super-bowl-2024-announcement/) - LAS VEGAS, NV - Amid the announcement that Allegiant Stadium – home of the newly-transplanted NFL Las Vegas Raiders football team – would be hosting the Super Bowl in 2024, expectations of business and residential development and growth in the surrounding area to take advantage of the expected influx of visitors to the region has hit an
- [Las Vegas Sands to Sell Property, Operations for $6.25 Billion to Several Companies](https://www.shelterrealty.com/2022/02/11/las-vegas-sands-to-sell-property-operations-for-6-25-billion-to-several-companies/) - LAS VEGAS, NV – Las Vegas Sands has entered into an agreement to sell its Vegas property and operations – including the Venetian Resort and the Sands Expo and Convention Center – for a total of $6.25 billion to several companies, signifying that significant changes are likely to come for the iconic Las Vegas Strip casino. VICI
- [Las Vegas Average Rent for One-Bedroom Apartment Hits $1,500 Per Month; Stokes Concerns Over Affordability](https://www.shelterrealty.com/2022/02/21/las-vegas-average-rent-for-one-bedroom-apartment-hits-1500-per-month/) - LAS VEGAS, NV – Due to ever-increasing demand and a lack of inventory, the cost of apartments in the Las Vegas valley continues to climb, with the median monthly price of a one-bedroom unit hitting its highest level ever, a development that is continuing to stoke concerns over affordability among residents in the region. Reports indicate
- [220-Unit Luxury Las Vegas “South Beach” Apartment Complex Sells for $97.5 Million;  Impressive Return On Initial Investment](https://www.shelterrealty.com/2022/03/18/220-unit-luxury-las-vegas-south-beach-apartment-complex-sells-for-97-5-million/) - LAS VEGAS, NV – Just over three years after originally purchasing it, the owners of a prominent luxury Las Vegas apartment complex have turned around and sold the property off for a very impressive return on their initial investment. It was announced this week by broker Cushman & Wakefield that the 220-unit South Beach was bought from
- [Las Vegas’ The Pass Casino Files Plans to Add Six-Story, Atwell Suites-Branded Hotel At Once Quiet Water Street](https://www.shelterrealty.com/2022/03/23/las-vegas-the-pass-casino-files-plans-to-add-six-story-atwell-suites-branded-hotel/) - LAS VEGAS, NV – Located in Downtown Henderson, The Pass Casino – formerly known as the Eldorado, until it was sold in late 2020 – has announced plans to add onto the establishment by building a six-story Atwell Suites-branded hotel on the property. Developer Joe DeSimone, who renovated and renamed the Eldorado upon its purchase for
- [As Vegas Median Rents Close-In on 40% of Average Income, Now Seventh Least-Affordable Large City in United States](https://www.shelterrealty.com/2022/03/28/as-vegas-median-rents-close-in-on-40-of-average-income-now-seventh-least-affordable-large-city-in-united-states/) - LAS VEGAS, NV - A new report indicates the ever-climbing rents in Las Vegas have reached a point where tenants have to devote a significant portion of their respective incomes to housing costs, increasing affordability concerns for a region that has otherwise always been known for its low cost of living when compared to other parts of
- [Las Vegas’ Tivoli Village Under New Ownership, Set to Receive New Apartment Complex](https://www.shelterrealty.com/2022/04/15/las-vegas-tivoli-village-under-new-ownership-set-to-receive-new-apartment-complex/) - LAS VEGAS, NV – Tivoli Village, a mixed-use development center consisting of retail and office space and located on over 28 acres in Las Vegas next to the Summerlin community, has announced that it is now under new ownership and will be getting some new additions to the facility, including a new apartment complex. Tivoli Village was
- [Nashville Developer to Build Downtown Las Vegas Luxury Apartment Complexes](https://www.shelterrealty.com/2022/04/27/nashville-developer-to-build-downtown-las-vegas-luxury-apartment-complexes/) - LAS VEGAS, NV – A Nashville developer that has already opened one luxury apartment complex in downtown Las Vegas last year has just announced plans to construct a second apartment complex in the same area, adding to their already impressive portfolio in Southern Nevada. Symphony Park was announced by Southern Land Company, with work on the project
- [Report: 350 Acres Purchased in North Las Vegas by Warehouse Developer for Industrial Park](https://www.shelterrealty.com/2021/04/14/report-350-acres-purchased-in-north-las-vegas-by-warehouse-developer-for-industrial-park/) - NORTH LAS VEGAS, NV – Reports indicate that a prominent real estate developer that specializes in warehouses has purchased a huge stretch of land in North Las Vegas with plans to develop a large-scale industrial park for use by e-commerce firms and other companies. 350 acres were bought for $44.75 million by VanTrust Real Estate, which noted
- [The Boring Company’s Underground People Mover – AKA “The Loop” – Completed at Las Vegas Convention Center](https://www.shelterrealty.com/2021/04/16/the-boring-companys-underground-people-mover-aka-the-loop-completed-at-las-vegas-convention-center/) - LAS VEGAS, NV – Long in development, Elon Musk’s “The Boring Company” has finally completed the Tesla-powered underground people mover – AKA “The Loop” – that will service attendees of the Las Vegas Convention Center going forward, according to reports. The Loop is comprised of a series of underground tunnels, dug by The Boring Company, that
- [Legislation to Seal Pandemic Eviction Records Passed by Nevada Assembly; Faces Pushback from Landlords, Property Owners](https://www.shelterrealty.com/2021/04/26/legislation-to-seal-pandemic-eviction-records-passed-by-las-vegas-assembly/) - LAS VEGAS, NV – According to reports, the Nevada Assembly last week approved a bill on a vote of 26-16 that will seal records of evictions that occur during the COVID-19 pandemic. As a result of the passage of Assembly Bill 141, tenants who have received summary evictions from their landlords or property managers for non-payment
- [Las Vegas Number One Moving Location Amid COVID-19, According to Truck Rental Data](https://www.shelterrealty.com/2021/05/21/las-vegas-number-one-moving-location-amid-covid-19-according-to-truck-rental-data/) - LAS VEGAS, NV – According to newly-released truck rental data report, Las Vegas tops the list of places to move to amid the ongoing COVID-19 pandemic, despite the relative shortage of housing options available at the moment. Penske truck rental has confirmed that Las Vegas is the number one spot to move to, basing that declaration on
- [Legendary Tennis Champs Andre Agassi and Steffi Graf Put $2.4 Million Las Vegas Home on the Market](https://www.shelterrealty.com/2021/06/11/legendary-tennis-champs-andre-agassi-and-steffi-graf-put-2-4-million-las-vegas-home-on-the-market/) - LAS VEGAS, NV – Legendary tennis champions – and husband and wife since 2001 – Andre Agassi and Steffi Graf have recently put one of their several Las Vegas homes up on the market for $2.4 million, according to reports. The athletic couple’s primary residence is a 9,000-square-foot mansion in the upscale community of Summerlin; in
- [Apartments, Rental Homes to be Constructed in Henderson’s Cadence Community](https://www.shelterrealty.com/2021/06/14/apartments-rental-homes-to-be-constructed-in-hendersons-cadence-community/) - LAS VEGAS, NV – According to reports, Cadence – a recently-built master-planned community located within the city of Henderson – has been the center of a number of new building efforts recently, with several developers hard at work constructing apartment complexes and tracts of rental homes to satisfy Las Vegas’ ongoing need for housing amid the
- [Atlanta Real Estate Firm Purchases Two Las Vegas Valley Apartment Complexes for $163.25 Million](https://www.shelterrealty.com/2021/09/08/atlanta-real-estate-firm-purchases-two-las-vegas-valley-apartment-complexes-for-163-25-million/) - LAS VEGAS, NV - A real estate firm from Atlanta, Georgia has gotten into the highly competitive Southern Nevada rental marketplace with the recent announcement they have purchased two large apartment complexes located in the east-side of the Las Vegas Valley. The firm, known as Carroll, noted that they had acquired the Emerald Springs, a 436-unit
- [Rising Rents in Las Vegas Making it Difficult for Some to Find Affordable Housing Options](https://www.shelterrealty.com/2021/10/04/rising-rents-in-las-vegas-making-it-difficult-for-some-to-find-affordable-housing-options/) - LAS VEGAS, NV – Amid skyrocketing demand and a shortage in options on the open market, finding affordable housing in Las Vegas is becoming difficult to achieve for some residents, citing steadily rising rents in the valley – which reports say are seeing some of the highest increases nationwide – as the reason why. Some Southern Nevada
- [Estate of Zappos' Late CEO Tony Hsieh Selling Lavish Las Vegas Home for $2 Million](https://www.shelterrealty.com/2021/10/06/estate-of-zappos-late-ceo-tony-hsieh-puts-las-vegas-home-for-sale-for-2-million/) - LAS VEGAS, NV – The estate of Tony Hsieh has put the late Zappos CEO’s 1970’s-style Las Vegas estate on the market for a whopping $2 million, following the recent news that much of his Las Vegas real estate empire has been listed on the open market by his family, totaling nearly 100 properties throughout the downtown
- [Russell Apartments of Las Vegas Purchased by SB Real Estate Partners for $67 Million](https://www.shelterrealty.com/2021/11/08/russell-apartments-of-las-vegas-purchased-by-sb-real-estate-partners-for-67-million/) - LAS VEGAS, NV – The Russell Apartments, a 241-unit garden-style apartment community in West Las Vegas, has been purchased by a California-based firm that is making its first foray into the Southern Nevada real estate marketplace. SB Real Estate Partners reportedly paid $67 million for The Russell Apartments, which was 98 percent leased at the time of
- [Checklist: 12 Steps to Get Comfortable in Your New Las Vegas Home After Relocation](https://www.shelterrealty.com/2021/11/22/relocation-checklist-steps-to-get-comfortable-in-your-new-vegas-home/) - LAS VEGAS, NV - Once you’ve unpacked your last box and organized your belongings in your new home, the most strenuous part of your relocation is finished. However, your move is not quite complete until you handle some essential tasks that will help you settle comfortably. Use this list of practical steps after you arrive
- [State Senator Cortez Masto Announces Housing Assistance Available for Nevada Residents Affected by Pandemic](https://www.shelterrealty.com/2020/07/24/state-senator-cortez-masto-announces-housing-assistance-available-for-nevada-residents-affected-by-pandemic/) - LAS VEGAS, NV- The COVID-19 pandemic has touched all Nevadans particularly hard resulting economic hardship in one form or another for the vast majority of residents. With Governor Steve Sisolak’s moratorium against residential evictions due to end in September, many people are scrambling to secure funds to stay in their homes as landlords dealing with
- [Las Vegas Retail Space Takes Heavy Hit from Pandemic, Real Estate Report Says](https://www.shelterrealty.com/2020/07/25/las-vegas-retail-space-takes-heavy-hit-from-pandemic-real-estate-report-says/) - LAS VEGAS, NV - According to a recent report, retail in Las Vegas has been especially burdened with hardship amid the ongoing – and currently resurging – coronavirus pandemic. In addition to heavy job losses, approximately 75,000 square feet of retail space has been put back on the open market due to business closures, with
- [Upscale Rental Complex in Works at Hughes Center; Developer Plans Fall 2020 Opening](https://www.shelterrealty.com/2020/08/21/upscale-rental-complex-in-works-at-hughes-center-developer-plans-fall-2020-opening/) - LAS VEGAS, NV – The Calida Group – one of the largest developers in Southern Nevada – is planning to open a new apartment complex in the Hughes Center office park in fall of 2020, one that promises a plethora of upscale amenities for tenants, according to reports. Dubbed the Elysian at Hughes Center, the complex
- [Despite COVID-19 Pandemic, Officials Report Resorts World Las Vegas Still to be Completed in Time for 2021 Opening](https://www.shelterrealty.com/2020/08/28/despite-covid-19-pandemic-officials-report-resorts-world-las-vegas-still-to-be-completed-in-time-for-2021-opening/) - LAS VEGAS, NV - Resorts World Las Vegas, a hotel and casino currently under construction by the Malaysia-based Genting Group on the Las Vegas Strip, is still on-track to meet its original projected summer 2021 opening date, despite the trials and tribulations presented by the COVID-19 pandemic, according to reports. The previous site of the Stardust
- [Las Vegas Landlords Up In Arms Regarding Governor Sisolak Eviction Moratorium Extension](https://www.shelterrealty.com/2020/09/07/las-vegas-landlords-up-in-arms-regarding-sisolak-eviction-moratorium-extension/) - LAS VEGAS, NV - Last week Nevada Governor Steve Sisolak issued a last-second extension to the eviction moratorium he enacted in March, giving residential renters unable to meet their financial obligations due to COVID-19-related circumstances an additional 45 days before their landlords are able to begin proceedings to remove them from their residences due to
- [Las Vegas Developer Stuffing Apartment Complex with Amenities to Attract Wealthy Tenants](https://www.shelterrealty.com/2020/09/28/las-vegas-developer-stuffing-apartment-complex-with-amenities-to-attract-wealthy-tenants/) - LAS VEGAS, NV – According to recent reports, a Las Vegas developer is attempting to woo wealthy potential tenants to his new apartment complex by making sure it features numerous amenities catering to a particular crowd; this runs in contrast with how the majority of Nevada developers are handling new projects due to the difficulties posed by
- [New Details Emerge on Las Vegas / California High-Speed Railway System, Dubbed “Brightline West”](https://www.shelterrealty.com/2020/10/30/new-details-emerge-on-las-vegas-california-high-speed-railway-system-dubbed-brightline-west/) - LAS VEGAS, NV – The upcoming high-speed railway system between Las Vegas and Southern California that has been long-gestating has finally seen some forward momentum, as developer Brightline has released some new details on the project, including branding, an estimate on the construction, and how long it may take to complete. Work on the project,
- [North Las Vegas City Council Votes to Impose Restrictions on Short-Term Rentals](https://www.shelterrealty.com/2020/11/04/north-las-vegas-city-council-votes-to-impose-restrictions-on-short-term-rentals/) - LAS VEGAS, NV – The North Las Vegas city council unanimously voted to impose restrictions upon short-terms rentals of rooms and homes, such as those rented via Airbnb, including a new rule that requires a $900 a year licensing fee for the privilege of doing so; a fee that is currently the highest in the
- [Brightline West Railway Indefinitely Delayed After Project Encounters Financial Hurdles](https://www.shelterrealty.com/2020/11/06/brightline-west-railway-indefinitely-delayed-after-project-encounters-financial-hurdles/) - LAS VEGAS, NV – According to reports, construction on Brightline West, an $8 billion railway system that would have linked Las Vegas and California - one which has been in the works for years now, has been indefinitely delayed due to last-minute financial hurdles the project has been unable to clear. Brightline, developers of the project,
- [Las Vegas’ Dwindling Home Supply Feeding Rising Real Estate Prices In Region, Reports Say](https://www.shelterrealty.com/2020/11/13/las-vegas-dwindling-home-supply-feeding-rising-home-prices-reports-say/) - LAS VEGAS, NV – Soaring prices in the Las Vegas housing market are being shaped by one vitally important factor above all others - dwindling supply of residences available for buyers, according to recent reports. October 2020 saw yet another record broken when it comes to the median price for an existing single-family home sold in
- [Recent Las Vegas Eviction Moratorium Does Not Offer Tenants Blanket Coverage, Includes Series of Requirements](https://www.shelterrealty.com/2020/12/21/recent-las-vegas-eviction-moratorium-does-not-offer-tenants-blanket-coverage-includes-series-of-requirements/) - LAS VEGAS, NV – According to recent reports, the newly-instituted eviction moratorium put in place by Nevada Governor Steve Sisolak has limitations imposed upon it that were not immediately made known to the public. Legal experts are noting that Sisolak’s new moratorium, issued in response to a Federal CDC moratorium due to expire at the end
- [Family of Late Entrepreneur Tony Hsieh Lists Nearly 100 of His Las Vegas Properties on The Open Market](https://www.shelterrealty.com/2021/02/26/family-of-late-entrepreneur-tony-hsieh-lists-nearly-100-of-his-las-vegas-properties-on-the-open-market/) - LAS VEGAS, NV – According to reports, much of the Las Vegas real estate empire amassed by late entrepreneur and former Zappos CEO Tony Hsieh has been listed on the open market by his family, totaling nearly 100 properties throughout the downtown area. Hsieh had passed away in November at the age of 46 due to
- [Competition, Combined with Shortages, Driving Up Prices of Las Vegas Valley Homes](https://www.shelterrealty.com/2021/03/24/competition-combined-with-shortages-driving-up-prices-of-las-vegas-valley-homes/) - LAS VEGAS, NV – According to reports, more and more people are growing frustrated with the state of the home buyer’s marketplace in the Las Vegas Valley, as what little inventory there is often disappears as soon as it hits the market and often goes for far more than its initial asking price. It’s the age-old
- [UPDATE: Renters and Landlords Speculate Biden’s Next Move as Eviction Moratorium Set to Expire](https://www.shelterrealty.com/2021/03/29/renters-and-landlords-speculate-bidens-next-move-as-eviction-moratorium-set-to-expire/) - LAS VEGAS, NV – According to reports, there are mere days before the U.S. Centers for Disease Control and Prevention (CDC) eviction moratorium is set to expire, and Las Vegas renters and landlords alike are speculating as to what the administration of President Joe Biden will do next. Will the government let the moratorium finally end
- [Sisolak Extends Eviction Moratorium Until the End of May; CDC Extends Federal Ban Until End of June](https://www.shelterrealty.com/2021/04/05/sisolak-extends-eviction-moratorium-until-the-end-of-may-cdc-extends-federal-ban-until-end-of-june/) - LAS VEGAS, NV – Las Vegas landlords received a double-whammy of bad news as Nevada Governor Steve Sisolak announced a controversial extension of the state’s COVID-19 eviction moratorium until the end of May, prefaced by the Centers for Disease Control and Prevention (CDC) one-upping Sisolak by extending their respective eviction ban until the end of June. “Originally, I did
- [Housing Market in North Las Vegas Setting Records; Home Prices Shooting Up Throughout Valley, Experts Say](https://www.shelterrealty.com/2021/04/09/housing-market-in-north-las-vegas-setting-records-home-prices-shooting-up-throughout-valley-experts-say/) - LAS VEGAS, NV – Due to the low housing inventory throughout Southern Nevada – coupled with high demand – more and more people seeking residences are turning to North Las Vegas, causing prices to shoot up to a degree that is causing real estate experts to do a preverbal double-take, according to reports. While upscale communities
- [Brightline West Las Vegas to Los Angeles High-Speed Railway Set to Begin Construction; Create 40,000+ Construction Jobs](https://www.shelterrealty.com/2021/04/30/brightline-west-las-vegas-to-los-angeles-high-speed-railway-set-to-begin-construction/) - LAS VEGAS, NV – According to reports, the upcoming high-speed railway system between Las Vegas and Southern Los Angeles that has been long-gestating has finally seen some forward momentum, as Brightline West CEO Mike Reininger has confirmed construction of the high-speed railway system – expected to have top speeds of 200 miles per hour – is
- [Vacation and Home Rental Scams Targeting Millennials, According to Better Business Bureau](https://www.shelterrealty.com/2020/01/12/vacation-and-home-rental-scams-targeting-millennials-according-to-better-business-bureau/) - LAS VEGAS, NV - Looking to rent a lavish home in Las Vegas – or elsewhere – for a quick getaway? Well, you’d better think twice about any property that you may currently have your eyes on, lest you get separated from your cash with nothing to show for it. According to the Better Business Bureau (BBB), many
- [2019 Saw Several Las Vegas-Based Apartment Complexes Sell for $100 Million+, Reports Say](https://www.shelterrealty.com/2020/02/04/2019-saw-several-las-vegas-based-apartment-complexes-sell-for-100-million-reports-say/) - LAS VEGAS, NV - 2019 was a big-money year in terms of apartment complex sales, according to recent reports. As an affordable alternative to the rising costs of home ownership in the Southern Nevada region, apartment rentals have surged in popularity in Vegas as more and more people move to the area in search of employment
- [City of Henderson Allows Short Term Lodging Services to Operate, Establishes Rules and Guidelines for Hosts](https://www.shelterrealty.com/2020/02/07/city-of-henderson-allows-lodging-service-airbnb-to-operate-establishes-rules-and-guidelines-for-hosts/) - LAS VEGAS, NV - Short term rentals were recently approved for operation in Henderson, Nevada, with the Community Development manager laying out a series of rules and legal guidelines that participating residences must abide by in order to operate on these services. Short term rentals have been steadily gaining in popularity over the years as
- [Multiple New Construction Projects to Revitalize Southwest Las Vegas, Including “The Bend” Shopping Center](https://www.shelterrealty.com/2020/03/05/multiple-new-construction-projects-to-revitalize-southwest-las-vegas-including-the-bend-shopping-center/) - LAS VEGAS, NV - In southwest Las Vegas, newly-announced construction projects are set to revitalize the region after seeing it in a state of decline for a number of years. Set along the 215 Beltway, a number of new developments are springing up, and locals are reportedly glad to see the positive impact it’s set to
- [Las Vegas REcon Convention, Largest Real Estate Show in the Nation, Suspended Due to Coronavirus](https://www.shelterrealty.com/2020/03/19/las-vegas-recon-convention-largest-real-estate-show-in-the-nation-suspended-due-to-coronavirus/) - LAS VEGAS, NV - Owing to the rapid spread of the coronavirus pandemic across the United States – and globally – the International Council of Shopping Centers (ICSC) announced last week that they would be suspending the annual REcon convention – the largest Real Estate-based event in the nation – that was due to be held in
- [Despite Nevada Governor Issuing Eviction Freeze, Some Landlords Continue to Lock Out Tenants](https://www.shelterrealty.com/2020/04/06/despite-nevada-governor-issuing-eviction-freeze-some-landlords-continue-to-lock-out-tenants/) - LAS VEGAS, NV - According to reports, despite a statewide moratorium issued by Nevada Governor Steve Sisolak against evictions during the state of emergency brought on by the ongoing coronavirus pandemic, some landlords have defied that decree and have locked out and/or evicted tenants who have been behind on their rent. The eviction decree by
- [Amid COVID-19, More Travelers Turning to Home Rental Getaways for Socially-Distant Vacationing](https://www.shelterrealty.com/2020/06/05/amid-covid-19-more-travelers-turning-to-home-rental-getaways-for-socially-distant-vacationing/) - LAS VEGAS, NV - Despite the ongoing COVID-19 outbreak winding down in some respects and states across the country starting the reopening of their local economies, the specter of the pandemic – and the possibility of an eventual resurgence – will continue to shape American’s vacation plans for some time to come. According to a
- [Elon Musk’s Boring Company May Extend Scope of Las Vegas People Mover Project to Nearby Resorts](https://www.shelterrealty.com/2020/06/08/elon-musks-boring-company-may-extend-scope-of-las-vegas-people-mover-project-to-nearby-resorts/) - LAS VEGAS, NV - According to reports, The Boring Co. – the tunneling company owned by Elon Musk – may be looking to extend the length and scope of the tunnel they are currently working on that will house an elaborate “people mover” train system at the Las Vegas Convention Center. A people mover is
- [Henderson City Council Approves Design, Construction Company for New Hockey Arena, Despite Public Opposition](https://www.shelterrealty.com/2020/06/19/henderson-city-council-approves-design-construction-company-for-new-hockey-arena-despite-public-opposition/) - LAS VEGAS, NV - According to recent reports, the Henderson City Council has voted on hiring a company to design and build an arena to serve as the home for the Henderson Silver Knights minor league hockey team. The new arena, which was approved last month despite opposition from the public will replace the Henderson Pavilion
- [Las Vegas Short Term Rentals Booming;   Experiencing Massive Come-Back in Southern Nevada Surge](https://www.shelterrealty.com/2021/03/31/las-vegas-airbnb-booming-once-again-as-vacation-rentals-in-southern-nevada-surge/) - LAS VEGAS, NV – According to reports, rental services such as Airbnb and VRBO are noticing a huge surge in their businesses in regards to locations in the Las Vegas Valley, as vacation rentals are experiencing a massive come-back on the heels of the ongoing COVID-19 pandemic. One individual who maintains 45 rental properties in the
- [Due to New State Law, Clark County Mandated to Regulate, Tax Short-Term Vacation Rentals](https://www.shelterrealty.com/2021/09/24/due-to-new-state-law-clark-county-mandated-to-regulate-tax-short-term-vacation-rentals/) - LAS VEGAS, NV - A new state law that was signed by Nevada Governor Steve Sisolak on June 4 will, once it officially goes into effect next year, require that Clark County – and a number of cities – to tax all short-term vacation rentals (STVRs) within the city’s limits, in addition to imposing a number of
- [Number of Illegal Short-Term Rentals Increase Amid Clark County Licensing Delays](https://www.shelterrealty.com/2023/07/24/number-of-illegal-short-term-rentals-increase-amid-clark-county-licensing-delays/) - LAS VEGAS, NV – Amid Clark County's numerous delays issuing licenses for short term rentals within its borders, more and more homeowners are illegally listing their properties for rent on services like Airbnb and VRBO, risking serious fines if they are caught. Homeowners who are prospective short-term rental operators have been vocal in their complaints about the
- [Clark County Short-Term Rental Owners Express Growing Aggravation Over Regulation Delays](https://www.shelterrealty.com/2023/08/08/clark-county-short-term-rental-owners-express-growing-aggravation-over-regulation-delays/) - LAS VEGAS, NV – Since the use of short term rental services such as Airbnb and VRBO were legalized in unincorporated Clark County, the ability of local officials to properly license renters and establish a series of regulations governing the industry has been slow and wrought with speed bumps, causing a great deal of frustration
- [Florida-Based Real Estate Firm Acquires Two Vegas Strip Malls](https://www.shelterrealty.com/2019/05/14/florida-based-real-estate-firm-purchases-two-las-vegas-strip-malls/) - LAS VEGAS - Pebb Enterprises, a Florida-based real estate firm, has been on a bit of a buying tear in Las Vegas as of late, seemingly investing a serious amount of capital in the city's retail infrastructure; a bold move, according to experts, considering the at-times shaky nature of the real estate scene in Southern
- [Report: Las Vegas - Southern  California High-Speed Rail Project Expected To Be Delayed by Two Years or More](https://www.shelterrealty.com/2019/06/07/report-las-vegas-california-high-speed-rail-project-to-be-delayed-by-two-years/) - 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
- [Sands Corp, Madison Square Garden Announce General Contractor Behind 18,000 Seat MGS Sphere Project](https://www.shelterrealty.com/2019/06/11/sands-corp-madison-square-garden-announce-general-contractor-behind-18000-seat-mgs-sphere-project/) - 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
- [Despite Concerns, California Earthquakes Have No Affect on Construction of Las Vegas Raiders Stadium](https://www.shelterrealty.com/2019/07/09/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 Rental Rates Continue to Increase While Home Resale Prices Stabilize, Reports Say](https://www.shelterrealty.com/2019/07/11/las-vegas-rental-rates-continue-to-increase-while-home-resale-prices-stabilize-reports-say/) - 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
- [Las Vegas Raiders Stadium Cost Increases to Nearly $2 Billion](https://www.shelterrealty.com/2019/07/25/las-vegas-raiders-stadium-cost-increases-to-nearly-2-billion-reports-say/) - LAS VEGAS, NV - According to reports, the cost of the upcoming and in-progress Las Vegas Stadium – future home of the Las Vegas Raiders National Football League’s (NFL) team come 2020 – has risen beyond previously stated points, with an extra $40 million added to the price tag as the project hits its mid-point.
- [Developer to Commence Work on “Majestic Las Vegas” Hotel Next Year; Expected Completion in First Quarter of 2023](https://www.shelterrealty.com/2019/08/16/developer-to-commence-work-on-majestic-las-vegas-hotel-next-year/) - LAS VEGAS, NV - According to reports, Developer Lorenzo Doumani announced this week that ground will be broken in 2020 on his newest project- the Majestic Las Vegas, a non-gaming hotel to be constructed at 305 Convention Center Drive, the site of the former Clarion hotel which was demolished in 2015. The Majestic Las Vegas,
- [Ground Officially Broken on 725,000-Square-Foot Las Vegas Industrial/Warehouse Project](https://www.shelterrealty.com/2019/08/27/ground-officially-broken-on-725000-square-foot-las-vegas-industrial-warehouse-project/) - LAS VEGAS,, NV - Matter Real Estate Group recently broke ground on the Matter Logistics Center, a $70-million, 725,000-square-foot industrial/warehouse project situated on a 41 acre plot of land that its developer noted will combine modern design with high functionality and will welcome both new and current businesses upon its completion in February 2020. Located
- [Derek Stevens, Noted Casino Owner, to Build Downtown Las Vegas Warehouse](https://www.shelterrealty.com/2019/09/19/derek-stevens-noted-casino-owner-to-build-downtown-las-vegas-warehouse/) - LAS VEGAS, NV - Derek Stevens – noted owner of several high-profile Las Vegas casinos, including D Las Vegas and Golden Gate and developer of the under-construction Circa Resort & Casino – recently announced his plans to build a warehouse near the downtown area to service his hotels, according to reports. The warehouse, whose project
- [Palms Casino Resort to Construct “Climate-Controlled Domed” Venue; Will Open for “Cardi B” Hosted Halloween Event](https://www.shelterrealty.com/2019/10/03/palms-casino-resort-to-construct-climate-controlled-domed-venue-will-open-for-cardi-b-hosted-halloween-event/) - LAS VEGAS, NV - The Palms Casino Resort has announced that they will be constructing an elaborate climate-controlled dome over one of their outdoor pool areas in order to provide a venue for year-round outdoor partying – known as "day-clubbing” – for their many guests, reports say. Known as the "KAOS Dome," the Palms Casino
- [New Study Shows the Most Expensive Zip Codes to Rent in Las Vegas](https://www.shelterrealty.com/2019/10/18/new-study-shows-the-most-expensive-zip-codes-to-rent-in-las-vegas/) - LAS VEGAS, NV - The Las Vegas rental market – just like any other aspect of the real estate market in Southern Nevada these days – is still experiencing record degrees of growth, with prices that are rising at levels not seen in well over a decade. Rental prices, while showing signs of slowing down
- [Downtown Las Vegas to See Construction of shareDOWNTOWN Apartment Complex](https://www.shelterrealty.com/2019/10/29/downtown-las-vegas-to-see-construction-of-sharedowntown-apartment-complex/) - LAS VEGAS, NV - Cherry Developments, owned by developer Sam Cherry, announced this week that a new apartment complex – dubbed ‘shareDOWNTOWN’ – will soon be constructed in downtown Las Vegas, located at Casino Center Drive and Colorado, according to reports. The idea of shareDOWNTOWN – small, affordable apartments conveniently located within a busy employment area
- [Las Vegas Home Prices Settling Off, Seeing Drop, Could Stimulate Sales, Experts Say](https://www.shelterrealty.com/2019/11/05/las-vegas-home-prices-settling-off-seeing-drop-could-stimulate-sales-experts-say/) - LAS VEGAS, NV - After an extended period of intense real estate growth, Las Vegas home prices have begun to drop after hitting their highest peak in over ten years, according to reports; experts say that this could benefit the market in the long-term, as the decrease could spur increased home sales, which had been slowing
- [Elon Musk-Helmed Boring Co. Begins Construction on Las Vegas “People Mover” Tunnel](https://www.shelterrealty.com/2019/11/20/elon-musk-helmed-boring-co-begins-construction-on-las-vegas-people-mover-tunnel/) - LAS VEGAS, NV - According to reports, The Boring Co. – the tunneling company owned by Elon Musk – officially began construction on Nov. 15 on a tunnel that will house an elaborate “people mover” train system at the Las Vegas Convention Center. A people mover is a type of small scale automated guide-way transit
- [Sandpiper Apartments, One of Las Vegas’ Largest Multifamily Properties, Sells at $66M](https://www.shelterrealty.com/2019/12/03/sandpiper-apartments-one-of-las-vegas-largest-multifamily-properties-sells-for-66-million/) - LAS VEGAS, NV - According to recent reports, Sandpiper Apartments, one of the largest multifamily rental properties in Las Vegas, has been sold in an off-market transaction for a whopping $66 million. The 488-unit community, located at 4650 W. Oakley Boulevard, was sold by previous California-based owners Apple Management to Compass Acquisition Partners, a private
- [Retail Demand for Las Vegas Strip Space Reaches Fever Pitch](https://www.shelterrealty.com/2019/12/19/retail-demand-for-las-vegas-strip-space-reaches-fever-pitch/) - LAS VEGAS, NV - On the world-famous Las Vegas Strip, nowadays you will find the usual stalwarts – mainly casinos and hotel resorts – nestled in tightly with another money-making business currently expanding their presence: retail. Looking to take advantage of the massive amount of foot traffic that roams about the Strip on a daily
- [Short Term Rentals: The Ins-and-Outs of Renting Your Home on Airbnb; A Beginner’s Guide](https://www.shelterrealty.com/2020/02/18/the-ins-and-outs-of-renting-your-home-on-airbnb-a-beginners-guide/) - LAS VEGAS, NV - With the recent news that the city of Henderson has approved the operation of Airbnb – an online marketplace for arranging or offering lodging – within city limits, some questions have been raised - such as what’s the best way of getting involved, and what precautions should you take? According to
- [Tiny Home Generates Big Demand from Desperate Las Vegas Renters on a Budget](https://www.shelterrealty.com/2024/03/06/tiny-home-generates-big-demand-from-desperate-las-vegas-renters-on-a-budget/) - LAS VEGAS, NV – In the Las Vegas Valley a tiny home is generating big demand from desperate Las Vegas renters on a budget, with its landlord receiving scores of inquiries from prospective tenants, a situation he said he was not expecting, according to Fox 5 Las Vegas. The 160-square-foot residence is listed for just $950 a
- [Work Progressing on Vegas-Based All Net Arena; Officials Hope to Lure NBA to Nevada](https://www.shelterrealty.com/2017/10/03/work-progressing-on-vegas-based-all-net-arena-officials-hope-to-lure-nba-to-nevada/) - LAS VEGAS, NV - While news of the famed Oakland Raiders National Football League (NFL) team transplanting themselves to Southern Nevada in a newly constructed stadium by 2020, having one major sporting team taking up shop in Las Vegas isn’t enough for local officials and businessmen it seems. Indeed, announcements have recently come to light
- [Las Vegas Boom Not Simply Another Real Estate Bubble Waiting to Burst; Experts Declare Growth Stable and Long-Term](https://www.shelterrealty.com/2017/11/07/las-vegas-boom-not-simply-another-real-estate-bubble-waiting-to-burst-experts-declare-growth-stable-and-long-term/) - LAS VEGAS, NV - Many real estate investors poured an enormous amount of capital into Southern Nevada when the housing bubble burst in the mid-2000’s – rendering a great deal of their properties near-worthless in what was called the second-largest blow to a local or national economy of any crisis worldwide in the past four decades –
- [HGTV's "Flip or Flop Las Vegas" Set to Begin Second Season This March; Earned 12M+ Viewers Since Premiere](https://www.shelterrealty.com/2018/02/01/hgtvs-flip-or-flop-las-vegas-set-to-begin-second-season-this-march/) - LAS VEGAS, NV - Taking advantage of the popularity of “house flipping” shows – that is, programs that chronicle the happenings when people purchase a home to fix up and quickly sell for a profit – HGTV decided to make a spin-off of its hit series Flip or Flop by tying it into a region
- [Vegas Strip-Based Fontainebleau Casino to Finally Open, Re-Christened The Drew; Managed by Marriott International](https://www.shelterrealty.com/2018/02/13/vegas-strip-based-fontainebleau-casino-to-finally-open-re-christened-the-drew/) - LAS VEGAS, NV - Sitting vacant and unfinished on the Las Vegas strip since 2009, the proposed Fontainebleau Casino and Resort had become synonymous with the national recession that had hit the Southern Nevada region especially hard. However, this week, it was announced that New York-based real estate firm Witkoff – in conjunction with Miami-based investment firm New
- [MSG Sphere, Futuristic Music Venue Coming to Vegas in 2020](https://www.shelterrealty.com/2018/03/13/msg-sphere-futuristic-music-venue-coming-to-vegas-in-2020/) - LAS VEGAS, NV - In a city where seemingly every building or attraction is constantly fighting for your attention, the one that may rise above them all in terms of spectacle will be opening its doors in 2020, as plans for the futuristic music venue MSG Sphere – due to begin construction later this year – was
- [Las Vegas Currently Ranked Number One Amongst Movers Based on Location](https://www.shelterrealty.com/2018/06/01/las-vegas-currently-ranked-number-one-amongst-movers-based-on-location/) - LAS VEGAS, NV - With the recent economic upturn experienced by Las Vegas – fueled by an ongoing real estate boom, massive job growth as a result of an influx of new businesses and tourism increasing, and a more affordable cost of living, among other factors – the region has become quite attractive for location-first movers,
- [$3 Billion in Local Investments Expected to Come Out of New Las Vegas Railway Project](https://www.shelterrealty.com/2018/07/03/3-billion-in-local-investments-expected-to-come-out-of-new-las-vegas-railway-project/) - LAS VEGAS, NV - According to reports, a light-rail system set along the Maryland Parkway corridor is currently being mulled over by Clark County city officials; if brought to fruition, the project would connect the downtown area with the University of Nevada, Sunrise Hospital and Medical Center, and McCarran International Airport. This development is seen to
- [City Seeking Permission for 24/7 Construction on Las Vegas Convention Center Expansion](https://www.shelterrealty.com/2018/08/10/city-seeking-permission-for-24-7-construction-on-las-vegas-convention-center-expansion/) - LAS VEGAS, NV - The Las Vegas Convention and Visitors Authority has filed a rezoning request and noise ordinance waiver with the Clark County Board of County Commissioners as part of their plan to accelerate progress on the Las Vegas Convention Center expansion, a project that officials say is vital as the current facility is
- [Californians Flocking to Vegas In Search of Affordable Homes](https://www.shelterrealty.com/2018/08/29/californians-flocking-to-las-vegas-in-search-of-affordable-real-estate/) - NEVADA - The Las Vegas real estate market has seen massive growth in the last several years on a slow and inexorable path back to its pre-recession levels. This growth, in turn, goes hand-in-hand with the huge growth of the local economy, with people and businesses moving en masse to the region in hopes of
- [Las Vegas Overtakes Seattle as #1 Real Estate Market in U.S.](https://www.shelterrealty.com/2018/09/18/las-vegas-overtakes-seattle-as-number-one-real-estate-market-in-u-s/) - LAS VEGAS, NV - After a lengthy reign of 21 months in a row, Seattle Washington has been kicked to the curb by Las Vegas, Nevada as the number one real estate market in the United States, according to a recently-released report. Las Vegas took first place in the latest release of the monthly Case-Shiller
- [North Las Vegas to Conduct Grant-Funded Study on Potential “Livable Center” by Regional Transportation Commission](https://www.shelterrealty.com/2019/02/19/north-las-vegas-to-conduct-grant-funded-study-on-potential-livable-center/) - LAS VEGAS - “Livable Centers” are a recent phenomenon that 'center' around offering residents a variety of options which help promote and facilitate a healthy, active lifestyle; North Las Vegas’ Deer Springs district has decided that this may give their community a significant commercial boost, and to that end they are dedicating grant monies into
- [Concrete Industry Playing Important Role in Las Vegas Construction and Development](https://www.shelterrealty.com/2019/03/08/concrete-industry-playing-important-role-in-las-vegas-construction-and-development/) - LAS VEGAS - Unless you've been living under a rock in the Mojave Desert, you've likely heard that Southern Nevada is currently in the midst of a construction boom. The Las Vegas Convention Center recently hosted the World of Concrete trade show this past February, where members of the concrete industry convened to see the
- [Las Vegas Strip Property Expected to Fetch Upwards of $50 Million an Acre by 2020, Says Head of Global Gaming Group](https://www.shelterrealty.com/2019/03/28/las-vegas-strip-property-expected-to-fetch-upwards-of-50-million-an-acre-by-2020/) - LAS VEGAS - At a recent meeting of the Economic Club of Las Vegas, economic experts predicted that the already rapidly rising property prices on the famed Las Vegas Strip could continue their upward trend well into the next decade. John Knott, head of the CBRE Global Gaming Group, noted that heavy demand for the
- [Animal Planet Reality TV Star Brett Raymer Puts Lavish $3.2 Million Las Vegas Home Up for Sale (MLS # 2083719)](https://www.shelterrealty.com/2019/04/24/animal-planet-reality-tv-star-brett-raymer-puts-3-2-million-las-vegas-home-up-for-sale/) - LAS VEGAS - Brett Raymer, the former co-star of Animal Planet reality television show “Tanked,” has his Las Vegas home up for sale for the cool asking price of $3.2 million, according to recent reports. Tanked, which has aired on Animal Planet for 15 seasons since it first premiered in August of 2011, follows the
- [Blackstone Group Considering Sale of Las Vegas Cosmopolitan Hotel and Casino; Could Fetch $4 Billion, Analysts Say](https://www.shelterrealty.com/2019/04/25/blackstone-group-considering-sale-of-las-vegas-cosmopolitan-hotel-and-casino/) - Blackstone Group Considering Sale of Las Vegas Cosmopolitan Hotel and Casino; Could Fetch $4 Billion, Analysts Say LAS VEGAS - The Blackstone Group L.P. – an American multinational private equity, alternative asset management and financial services firm based in New York City – is considering putting one of their high-profile Las Vegas, Nevada assets on
- [Fate of Las Vegas Strip-Based Fontainebleau Resort Still Up in the Air; More Recently Known As “The Drew Las Vegas”](https://www.shelterrealty.com/2021/02/19/fate-of-las-vegas-strip-based-fontainebleau-resort-still-up-in-the-air/) - LA VEGAS, NV – According to reports, the long-gestating Fontainebleau resort project – located on the northern part of the famed Las Vegas Strip and originally scheduled to open in 2009 – may have finally garnered a new lease on life after it was re-acquired by its original developer and changing hands several times over the
- [Developing: Las Vegas Valley Retail Development Receives "Big Boost" As Residential Housing Market Continues Climb](https://www.shelterrealty.com/2017/07/11/developing-las-vegas-retail-development-receives-big-boost-as-housing-market-climbs/) - LAS VEGAS, NV - With the Las Vegas real estate market continuing its meteoric rise – both in home and rental demand and their subsequent prices (after recovering from the burst of the housing bubble of the mid-2000’s), it’s only natural that families and businesses – as well as tourists – begin to flow back
- [Las Vegas City Council Stiffens Penalties for Squatting or Aiding Squatters; Organizes Dedicated Squatter Task Force](https://www.shelterrealty.com/2017/07/17/las-vegas-real-estate-in-such-demand-squatting-becoming-serious-issue-reports-indicate/) - LAS VEGAS, NV - The Las Vegas real estate scene is hot right now; according to reports, demand is far outstripping supply in terms of both housing and rental units, with prices soaring and continuing to increase ever since the Southern Nevada area has recovered from the housing bubble burst of the mid-2000’s. Jobs are
- [Numerous Investments Continue in Las Vegas Valley; Corporate America Banking on Revitalization of Southern Nevada Region](https://www.shelterrealty.com/2017/08/15/numerous-investments-continue-in-las-vegas-valley-corporate-america-banking-on-revitalization-of-southern-nevada-region/) - LAS VEGAS, NV - When the housing bubble of the mid-2000’s burst, few areas in the United States felt its devastating affects as acutely as Las Vegas, Nevada; for years, vast amounts of empty properties sat unwanted, and surrounding retail businesses – whose very livelihood depends upon local residents to buy their goods and services
- [Thousands of New Las Vegas Residents Driving Up Rental Demand, Home Prices](https://www.shelterrealty.com/2017/08/23/thousands-of-new-las-vegas-residents-drive-up-rental-demand-and-prices/) - LAS VEGAS, NV - The revitalization of Southern Nevada in the past year has seen a mass exodus of new residents flock to the region looking to take advantage of the now-booming economy and its subsequent burst of rapid job growth, and when an area – especially a hotbed of economic activity such as Vegas
- [Experts Report Rise in Eviction Rate in Southern Nevada](https://www.shelterrealty.com/2017/08/29/real-estate-experts-report-rise-in-eviction-rate-in-southern-nevada/) - Experts Report Rise in Eviction Rate in Southern Nevada LAS VEGAS, NV - While the Las Vegas real estate scene is on the rise – and has been for the better part of a year now, with both record demand and prices in both the housing and rental markets following the mid-2000’s recession – there
- [Las Vegas Housing Prices Continue Climb as Out-of-State Money, Construction Companies Pour into Region](https://www.shelterrealty.com/2017/09/07/vegas-housing-prices-continue-climb-as-out-of-state-money-pours-into-region/) - LAS VEGAS, NV - Housing statistics for the Southern Nevada region for July of 2017 have come in, and as usual, the summer heat of the Las Vegas desert is only matched or exceeded by the hot market of local real estate. Following the housing bubble burst of the mid-2000’s followed by a decade of
- [Before You Sign a Las Vegas Lease, You’ll Probably Be Screened.  Here’s What to Expect](https://www.shelterrealty.com/2011/08/20/before-you-sign-a-las-vegas-lease-youll-probably-be-screened-heres-what-to-expect/) - A tenant application is like applying for a job. Here, an applicant has to prove that they will be a good renter (pay on time, take care of the property, be considerate of neighbors).
- [North Vegas Mayor Doubles Down on City Re-Development to Woo Real Estate Investors, Businesses](https://www.shelterrealty.com/2017/06/26/north-vegas-mayor-doubles-down-on-city-re-development-to-woo-real-estate-investors-businesses/) - LAS VEGAS, NV - North Las Vegas has been clearly embracing the recent re-surge Southern Nevada has been experiencing in both the economic and real estate sectors; since the burst of the housing bubble in the mid-2000’s laid waste to much of the property value in the region, Las Vegas as a whole has been
- [Las Vegas Foreclosure Home Buying 101: 5 Things Every Buyer Should Know](https://www.shelterrealty.com/2011/08/13/las-vegas-foreclosure-home-buying-101-5-things-every-buyer-should-know/) - A large percentage of homes for sale in Las Vegas right now are foreclosed homes (also called REO or bank-owned, these are homes that the bank has foreclosed and now own).
- [HGTV's Reality Hit 'Flip of Flop' Gets Las Vegas Spinoff; Highlights Demanding, Fast-Paced Vegas Market](https://www.shelterrealty.com/2017/04/11/hit-tv-show-flip-or-flop-gets-las-vegas-spinoff-highlights-demanding-fast-paced-market/) - LAS VEGAS, NV - If the numbers aren’t enough to convince you that Las Vegas, Nevada is a fast rising hotbed of real estate activity - last month’s median home price moved up 10 percent to $242,000 from the same period in March of 2016, and five years ago that number was a mere $123,000
- [Are You a Nevada Landlord Violating Nevada Law?](https://www.shelterrealty.com/2010/05/26/are-you-a-nevada-landlord-violating-nevada-law/) - eing a landlord can be very rewarding but there is also a downside of being a landlord, Liability!
- [Investing in Las Vegas Real Estate - Bank Loans](https://www.shelterrealty.com/2010/07/25/investing-in-las-vegas-real-estate-bank-loans/) - With economic conditions being what they are today, everyone and his brother is out there looking for a real “steal” in Las Vegas bank-owned properties, and besieging lenders with loan requests.
- [Investing in Las Vegas Real Estate – Bank Loans Part II](https://www.shelterrealty.com/2010/07/25/investing-in-las-vegas-real-estate-bank-loans-part-ii/) - Once you have made the mental preparations necessary to “sell” your loan proposal to a lender, you, as a new investor, must be certain of the documentation and information required by a lender. The lender will require, at the very least, the following:
- [Getting the Lead Out](https://www.shelterrealty.com/2010/09/04/getting-the-lead-out/) - It is important for investors in rehab properties to know that as of April, 2010, the Environmental Protection Agency, (EPA) has put into effect the Renovation, Repair and Painting rule.
- [10 Things You Can Do To Protect Your Identity](https://www.shelterrealty.com/2010/03/28/ten-things-you-can-do-to-protect-your-identity/) - Facts About Identity Theft: It's estimated that there were 10 million victims of identity theft in 2008, and 1 in every 10 U.S. consumers have reported having their identity stolen. The U.S. Department of Justice reported in 2005 that 1.6 million households experienced fraud not related to credit cards (i.e. their bank accounts or debit
- [New Law to Protect Las Vegas Rental Tenants When Home is in Foreclosure](https://www.shelterrealty.com/2009/06/13/new-law-to-protect-las-vegas-rental-tenants-when-home-is-in-foreclosure/) - Helping Families Save Their Homes Act of 2009 will help to protect Las Vegas Rental Tenants when the home they are renting is in foreclosure.
- [Las Vegas Short Sales: Bank of America Issues Changes to Short Sale Programs](https://www.shelterrealty.com/2013/01/18/las-vegas-short-sales-bank-of-america-issues-changes-to-short-sale-programs/) - Bank of America came out with a few changes to their short sale programs today in regards to incentives to short sales for sellers.
- [How Are Mortgage Rates Determined?](https://www.shelterrealty.com/2010/03/28/how-are-mortgage-rates-determined/) - Many people believe that interest rates are set by lenders, but the reality is mortgage rates are largely determined by what is known as the Secondary Market.
- [Why Do I Need To Pay A VA Funding Fee?](https://www.shelterrealty.com/2010/03/28/why-do-i-need-to-pay-a-va-funding-fee/) - The VA Funding Fee is an essential component of the VA home loan program, and is a requirement of any Veteran taking advantage of this zero down payment government loan program. This fee ranges from 1.25% to 3.3% of the loan amount, depending upon the circumstances. On a $150,000 loan that’s an additional $1,875 to
- [What's My Debt-to-Income (DTI) Ratio?](https://www.shelterrealty.com/2010/03/28/whats-my-debt-to-income-dti-ratio/) - Debt-to-Income (DTI) is one of the many mortgage related terms home loan shoppers will hear all-to-often. DTI is a component of the mortgage approval process that measures a borrower's Gross Monthly Income compared to their credit payments and other monthly liabilities. Debt-to-Income Ratios are designed to give guidance on acceptable levels of debt allowed by
- [How Much Mortgage Money Can I Qualify To Borrow?](https://www.shelterrealty.com/2010/10/03/how-much-can-i-afford/) - Of critical importance when considering mortgage financing: There is sometimes a difference between what a client can borrow and what they should borrow
- [Wealthy Buyer Breaks Records with $36 Million Purchase of Vacant Land in Vegas’ Summit Club](https://www.shelterrealty.com/2021/07/21/wealthy-buyer-breaks-records-with-36-million-purchase-of-vacant-land-in-vegas-summit-club/) - LAS VEGAS, NV - The recent sale of a vacant plot of land in The Summit Club – a private community nestled between Red Rock National Conservation and the Las Vegas Strip – has raised eyebrows and broken records, as a wealthy buyer from California paid a whopping $36 million for four separate parcels upon which they
- [Fitness Company Plans to Transform Empty Pit in Las Vegas to High-End Health Club; Slated To Begin In Spring Of 2022](https://www.shelterrealty.com/2021/09/03/fitness-company-plans-to-transform-empty-pit-in-las-vegas-to-high-end-health-club/) - LAS VEGAS, NV - Right before the COVID-19 pandemic hit and turned everything upside down, health and fitness company Life Time Inc. had purchased a large empty pit in Las Vegas – right next to Ikea – with plans of transforming the holdover from the mid-2000’s recession into a high-end health club. However, the pandemic
- [Report Says Californian Transplants to Nevada Mainly Settling in Henderson, Summerlin Communities](https://www.shelterrealty.com/2022/01/19/report-says-californian-transplants-to-nevada-mainly-settling-in-henderson-summerlin/) - LAS VEGAS, NV - The Las Vegas luxury real estate market continues to be fueled in no small part by California residents leaving their home state in droves – mainly due to excessive taxes, high cost-of-living concerns, and draconian COVID-19 restrictions – in favor of Las Vegas’ Henderson and Summerlin communities, both of which have been
- [National Rankings Place Four Las Vegas Master-Planned Communities in U.S. Top Eleven](https://www.shelterrealty.com/2022/01/28/national-rankings-place-four-las-vegas-master-planned-communities-in-u-s-top-eleven/) - LAS VEGAS, NV - Illustrating the prominence that Southern Nevada has achieved in the national real estate scene in 2021, recent national rankings have placed four Las Vegas-based master-planned communities in the United States’ top eleven in terms of sales, and five in the country’s top 25; this trend is expected to continue – and possibly increase
- [Rental Listing Scams on the Rise in Las Vegas, Better Business Bureau Warns](https://www.shelterrealty.com/2022/02/07/rental-listing-scams-on-the-rise-in-las-vegas-better-business-bureau-warns/) - LAS VEGAS, NV – There has been a recent and significant rise in the number of fake rental listings in Las Vegas as criminals hoping to take advantage of the intense demand for housing options are attempting to scam unwary individuals and families by way of social media. The Better Business Bureau (BBB) of Southern Nevada is
- [Las Vegas Luxury Home Real Estate Expected to Break Records in 2022: Top Two Picks from $32.5 to $24.5 million](https://www.shelterrealty.com/2022/02/10/las-vegas-luxury-home-real-estate-expected-to-break-records-in-2022-top-two-picks-range-from-32-5-to-24-5-million/) - LAS VEGAS, NV – 2022 remains an extremely competitive and pricey industry for Las Vegas luxury real estate, with the top two properties currently on the market so far this year ranging in price from a low of $24.5 million to a whopping high of $32.5 million. The top spot is taken by a Henderson home located
- [Groundbreaking Ceremony Held for Conversion of Las Vegas Golf Course to 1,600-Home Development](https://www.shelterrealty.com/2022/05/16/groundbreaking-ceremony-held-for-conversion-of-las-vegas-golf-course-to-1600-home-development/) - LAS VEGAS, NV – The former Royal Links golf course is finally on its way to providing numerous affordable homes for Southern Nevada residents, having recently held its officially groundbreaking ceremony to signify that impending start of construction efforts for the eastern Las Vegas Valley-based housing tract. Touchstone Living founder Tom McCormick, who purchased the shuttered Royal
- [6 Tips for Finding the Perfect Las Vegas Neighborhood](https://www.shelterrealty.com/2011/08/29/6-tips-for-finding-the-perfect-las-vegas-neighborhood/) - The Las Vegas neighborhood you choose can have a big impact on your lifestyle. Safety, available amenities, and convenience all play their part in your decision. So here are six tips to help choose your next Las Vegas neighborhood:
- [“Las Vegas Housing Market Will Continue to Grow in 2020 Due to Low Inventory”](https://www.shelterrealty.com/2020/01/14/report-las-vegas-housing-market-will-continue-to-grow-in-2020-due-to-low-inventory/) - LAS VEGAS, NV - According to a recent interview with a noted real estate professional, the Las Vegas housing market – booming in recent years after laying in dormancy for over a decade – will continue to be fueled going into 2020 and beyond by a number of factors, not the least of which is how the
- [Lake Las Vegas Becoming Newest Hotspot for Real Estate Sales in Southern Nevada](https://www.shelterrealty.com/2018/12/04/lake-las-vegas-becoming-newest-hotspot-for-real-estate-sales-in-southern-nevada/) - LAS VEGAS, NV - After a series of construction projects throughout 2018 aimed at increasing its appeal, Lake Las Vegas has emerged at year-end as a place for people to call a full-time home, finally shedding its reputation as merely a weekend retreat for those able to afford a second home 'away from home'. Initially,
- [Las Vegas Neighborhood Spotlight: Glide Over to Aliante](https://www.shelterrealty.com/2011/09/21/las-vegas-neighborhood-spotlight-glide-over-to-aliante/) - There are currently 260 homes for sale in the Las Vegas 89084 zip code, which includes the master planned community of Aliante.
- [Talk the Talk – Know the Mortgage Lingo at Closing](https://www.shelterrealty.com/2010/03/28/know-the-mortgage-lingo-at-closing/) - Many borrowers go through the closing process in a haze, nodding, smiling, and signing through a bunch of noise that sounds like Greek. Even though you may have put your trust in your real estate and mortgage team, it helps to understand some of the terminology so that you can pay attention to specific details
- [What Does Title Insurance Protect Me From?](https://www.shelterrealty.com/2010/03/28/draft-what-does-title-insurance-protect-me-from/) - By including title insurance when purchasing property, your title insurer takes on accountability for legal expenses to defend your property title.
- [Making Sure Your Cash-To-Close Comes From The Proper Source](https://www.shelterrealty.com/2010/03/28/making-sure-your-cash-to-close-comes-from-the-proper-source/) - Providing proper asset documentation and the actual source of the funds is a critical element of the loan closing process. There's nothing worse in a real estate purchase than making it all the way through the hoops and hurdles just to have a loan denied after the final documents have been signed due to the
- [Top 8 Things To Ask Your Lender During The Application Process](https://www.shelterrealty.com/2010/03/22/top-8-things-to-ask-your-lender-during-the-application-process/) - Knowing what questions to ask your lender during or before the loan application process is essential for making your mortgage approval process as smooth as possible. Many borrowers fail to ask the right questions during the mortgage pre-qualification process and end up getting frustrated or hurt because their expectations were not met. Here are the
- [Important Factors To Consider When Getting Financing On A Foreclosure, Short Sale or New Construction](https://www.shelterrealty.com/2010/03/28/important-factors-to-consider-when-getting-financing-on-a-foreclosure-short-sale-or-new-construction/) - Short sales, foreclosures and new construction homes all have caveats that need to be considered when pursuing financing. If the guidelines and potential pitfalls are not properly understood, you could face delays in closing or potentially even a denied loan. Short Sales & Foreclosures - Short sales and foreclosures are everywhere. They often represent great
- [First-Time Home Buyer Credit Checklist](https://www.shelterrealty.com/2010/03/28/first-time-home-buyer-checklist/) - Getting a new mortgage for a First-Time Home Buyer can be a little overwhelming with all of the important details, guidelines and potential speed bumps. Since there are so many rules and steps to follow, here is a simple list of Do's and Don'ts to keep in mind throughout the mortgage approval process: DO: Continue
- [Top Five Market Factors That Influence Mortgage Rates](https://www.shelterrealty.com/2010/03/28/top-five-market-factors-that-influence-mortgage-rates/) - Timing the market for the best possible opportunity to lock a mortgage rate on a new loan is certainly a challenge, even for the professionals. While there are several several generic interest rate trend indicators online, the difference between what's advertised and actually attainable can be influenced at any given moment by at least 50
- [8 Questions Your Lender Should Answer About Mortgage Rates](https://www.shelterrealty.com/2010/12/05/eight-questions-your-lender-should-be-able-to-answer-about-mortgage-rates/) - Simply checking online for today's posted rate may not lead to your expected outcome due to the many factors that can cause each individual rate and closing cost scenario.
- [Assembling Your Home Buying Team - Knowing The Players](https://www.shelterrealty.com/2010/03/28/assembling-your-home-buying-team-knowing-the-players/) - Buying a new home is literally a team sport since there are so many tasks, important timelines, documents and responsibilities that all need special care and attention. Besides working with a professional team that you trust, it's important that the individual players have the ability to effectively communicate and execute on important decisions together as
- [Is There A Rule-of-Thumb Regarding The Number of Credit Lines To Have Open?](https://www.shelterrealty.com/2010/03/28/is-there-a-draft-rule-of-thumb-regarding-the-number-of-credit-lines-to-have-open/) - While the actual credit score has a big impact on a loan approval, it's not the only component of the credit scenario that underwriters consider for a mortgage approval. Since loan programs, individual lenders and mortgage insurance companies all have their own credit report restrictions, it's difficult to define a standard Rule-of-Thumb to follow. However,
- [What's The Difference Between A Single Family, Second Home and Investment Property?](https://www.shelterrealty.com/2010/03/28/whats-the-difference-between-a-single-family-second-home-and-investment-property/) - When applying for a mortgage, a borrower's "Occupancy Type" is a major factor in the amount of down payment required, loan program available and mortgage interest rate. Whether you are purchasing, doing a rate/term refinance or taking equity out of your property through a cash out refinance, occupancy type is always considered by the underwriter.
- [Do I Need To Sell My Home Before I Can Qualify For A New Mortgage On Another Property?](https://www.shelterrealty.com/2010/11/01/do-i-need-to-sell-my-home-before-i-can-qualify-for-a-new-mortgage-on-another-property/) - If you are in a financial position where you qualify to afford both your current residence and the proposed payment on your new house, then the simple answer
- [Seven Things Your Agent Should Know About Your Mortgage Approval](https://www.shelterrealty.com/2010/04/21/seven-things-your-agent-should-know-about-your-mortgage-approval/) - While many real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked
- [Understanding the FHA Mortgage Insurance Premium (MIP)](https://www.shelterrealty.com/2010/03/28/understanding-the-fha-mortgage-insurance-premium-mip/) - Mortgage Insurance is an important part of the FHA loan since a loan that only requires a 3.5% down payment is generally viewed as a risky proposition.
- [Las Vegas Real Estate Market Continues Slow But Steady Climb](https://www.shelterrealty.com/2017/03/24/las-vegas-real-estate-market-continues-slow-but-steady-climb/) - LAS VEGAS, NV - Local real estate continued its slow but steady climb upwards during the month of February, with prospective homeowners buying more properties – at higher prices – in a busy marketplace where fierce competition is resulting in steadily dwindling options. The advances made in the real estate market of Las Vegas are
- [Las Vegas Estate of Late Comedian Jerry Lewis Coming Up for Auction; 1701 Waldman Ave, Las Vegas, NV - MLS #2073268](https://www.shelterrealty.com/2019/05/21/las-vegas-estate-of-late-comedian-jerry-lewis-coming-up-for-auction/) - LAS VEGAS - Famed comedian Jerry Lewis had resided in Las Vegas for over 30 years before his death in August of 2017 at the age of 91. Recently, local real estate investor Jane Popple announced that his home would be going up for a public auction planned from May 25th through 27th. Popple had
- [Las Vegas Landlord Files Class Action Lawsuit Against Airbnb; Claims Site Profits from Illegal STRs](https://www.shelterrealty.com/2024/07/29/vegas-landlord-files-lawsuit-against-airbnb-claims-site-profits-from-illegal-short-term-rentals/) - LAS VEGAS, NV – Reports have come out regarding a recent class action lawsuit filed against Airbnb in Nevada by a Las Vegas landlord that claims that the online short and long-term homestay broker not only does nothing to prevent individuals from posting illegal listings on their website, but also profits from these listings to the detriment
- [Las Vegas-Based Developer Has Multiple Valley Hotel Projects in the Works](https://www.shelterrealty.com/2024/07/22/las-vegas-based-developer-has-multiple-valley-hotel-projects-in-the-works/) - LAS VEGAS, NV – In response to the ever-rising need for additional accommodations for out-of-town visitors, a Las Vegas-based developer – Schulman Properties – has announced they currently have two new hotel projects in the works in the Valley. According to Schulman Properties chairman and owner Bob Schulman, the first of these two proposed projects is a
- [NLS: Most Judges In Southern Nevada Consider Air Conditioning To Be Essential Service](https://www.shelterrealty.com/2024/07/19/most-judges-in-southern-nevada-consider-air-conditioning-to-be-essential-service/) - LAS VEGAS, NV – Ask any Las Vegas resident to choose one word that best describes the climate in the region, and 10 out of 10 will most likely tell you “Hot.” Often excessively hot, which is only natural because the city is situated in the middle of a desert. With that being said, making
- [During Las Vegas Campaign Stop, Biden Announces Rent Cap, Affordable Housing Proposals](https://www.shelterrealty.com/2024/07/17/during-las-vegas-campaign-stop-biden-announces-rent-cap-affordable-housing-proposals/) - LAS VEGAS, NV – While visiting the city of Las Vegas on Tuesday's campaign trail, President Biden announced new actions on the part of his administration to address rising home and rent prices and the construction of more affordable housing options, both in Nevada and in the United States as a whole. While in Vegas, the announced
- [Athletics Set to Reveal Financing, Construction Plans for Upcoming Las Vegas Stadium](https://www.shelterrealty.com/2024/07/15/athletics-set-to-reveal-financing-construction-plans-for-upcoming-las-vegas-stadium/) - LAS VEGAS, NV – This week, the Oakland Athletics are set to reveal the financing details and overall construction plan for the Major League Baseball (MLB) team’s proposed new ballpark on the Las Vegas Strip, ahead of their highly-anticipated relocation there starting with the 2028 season. At the meeting of the Las Vegas Stadium Authority scheduled for
- [Report: Saving for a Down Payment in Las Vegas Could Take 17+ Years If Starting from Scratch](https://www.shelterrealty.com/2024/07/12/report-saving-for-a-down-payment-in-las-vegas-could-take-17-years-if-starting-from-scratch/) - LAS VEGAS, NV – If you’re interested in buying a house in Las Vegas and are starting from scratch when it comes to saving for a down payment, a new study indicates that it could take over 17 years for the average person to accumulate enough dough to ensure they have an affordable monthly mortgage payment, given
- [Median Home Sale Price in Las Vegas Increases in June; Inventory Also Increases](https://www.shelterrealty.com/2024/07/10/median-home-sale-price-in-las-vegas-increases-in-june-inventory-also-increases/) - LAS VEGAS, NV – According to a new report released by a Sothern Nevada real estate industry group, the prices of homes in Las Vegas continued to increase during the month of June, while the inventory of residences being put on the market also showed growth. Las Vegas Realtors noted that the median sale price for
- [Private Equity Firm Purchases Foreclosed Las Vegas Shopping Center for $24.7 million](https://www.shelterrealty.com/2024/07/08/private-equity-firm-purchases-foreclosed-las-vegas-shopping-center-for-24-7-million/) - LAS VEGAS, NV – Renaissance III, an “underperforming” Las Vegas shopping center that recently went into foreclosure, has been purchased by Aspen Real Estate for $24.7 million, as announced by the New Jersey-based private equity real estate investment firm via a press release on Monday. The 225,748-square-foot property, located in a heavily-populated area two miles
- [Growing Number of Experts Blaming Bureau of Land Management for Las Vegas Housing Crisis](https://www.shelterrealty.com/2024/07/03/growing-number-of-experts-blaming-bureau-of-land-management-for-las-vegas-housing-crisis/) - LAS VEGAS, NV – As the profile of Las Vegas has risen considerably in recent years, prompting many to want to move there to take advantage of its lower cost of living, the city has encountered a housing crisis as demand is currently far outstripping the amount of inventory available to would-be homeowners. And one
- [Sale of Former Raiders Head Coach’s Home for $4.8 Million Leads May’s Las Vegas Sales](https://www.shelterrealty.com/2024/06/28/sale-of-former-raiders-head-coachs-home-for-4-8-million-leads-mays-las-vegas-sales/) - LAS VEGAS, NV – The sale of the Anthem Country Club home of former Las Vegas Raiders head coach Josh McDaniels for $4.8 million was the highest-priced residential transaction in the valley in May, according to new real estate figures that have just been released. Despite the seemingly impressive payday, McDaniels actually came out on the short
- [Former Vegas Home of Comedy Legend Jerry Lewis for Sale Once Again, $2.5 Million](https://www.shelterrealty.com/2024/01/26/former-las-vegas-home-of-comedy-legend-jerry-lewis-for-sale-once-again-for-2-5-million/) - LAS VEGAS, NV – After changing hands several times in recent years, the former Las Vegas home of comedy legend Jerry Lewis is once again for sale, with the current owner asking $2.5 million. Lewis had resided in the home – located in Las Vegas’ swanky Scotch 80s neighborhood – for almost 35 years; upon his
- [Former Las Vegas Home of Comedy Legend Jerry Lewis Up for Auction with Starting Bid of $1M](https://www.shelterrealty.com/2024/06/26/former-las-vegas-home-of-comedy-legend-jerry-lewis-up-for-auction-with-starting-bid-of-1m/) - LAS VEGAS, NV – After failing to sell earlier this year for its asking price of $2.5 million, the former Las Vegas home of comedy legend Jerry Lewis has now gone to auction with a current starting bid of $1 million. Its current owner, Australian private lending firm Brumbies Capital, originally purchased the home of the late
- [Clark County City of Mesquite Is Fastest-Growing in Nevada, According to Census Data](https://www.shelterrealty.com/2024/06/24/clark-county-city-of-mesquite-is-fastest-growing-in-nevada-according-to-census-data/) - LAS VEGAS, NV – According to new census data, Mesquite, a city in Clark County located just northeast of Las Vegas, is the fastest-growing in the entire state of Nevada, and at its current rate of expansion it could potentially see its population increase by as much as 50 percent within the next two decades. As
- [Las Vegas Car Collector’s Home with Parking Spots in Living Room Lists for Nearly $11 Million](https://www.shelterrealty.com/2024/06/21/las-vegas-car-collectors-home-with-parking-spots-in-living-room-lists-for-nearly-11-million/) - LAS VEGAS, NV – A man so passionate about collecting automobiles that he actually installed 13-foot-wide front doors on his lavish estate so he can roll in and park some of his most cherished rides in his living room – yes, his living room – has listed the Las Vegas residence on the open market for
- [Landlord Fighting $180k Las Vegas City Fine for Unlicensed Airbnb Rental; Claims Tenant Did It](https://www.shelterrealty.com/2024/06/19/landlord-fighting-180k-las-vegas-city-fine-for-unlicensed-airbnb-rental-claims-tenant-did-it/) - LAS VEGAS, NV – A homeowner is fighting a $180,000 fine imposed upon him by the city of Las Vegas for operating an unlicensed short-term rental back in 2021, claiming that his tenant was the one that actually listed the property without his knowledge and that the huge fine – which is mostly made up of late
- [Clark County Awards Developer $21.9 Million to Build Affordable Apartments in Las Vegas](https://www.shelterrealty.com/2024/06/14/clark-county-awards-developer-21-9-million-to-build-affordable-apartments-in-las-vegas/) - LAS VEGAS, NV – The Clark County Board of County Commissioners this week approved two grants totaling $21.9 million from the Clark County Community Housing Fund (CHF) to be disbursed to a developer as part of its “Welcome Home” program, which helps to provide badly-needed affordable housing projects to the Las Vegas Valley. The grants were awarded
- [Homebuilders Association: Las Vegas Valley Could Run Out of Land to Develop in Eight Years](https://www.shelterrealty.com/2024/06/12/homebuilders-association-valley-could-run-out-of-land-to-develop-in-eight-years/) - LAS VEGAS, NV – According to the Southern Nevada Home Builders Association (SNHBA), the Las Vegas Valley – in the span of as little as eight years – could potentially run out of land upon which to develop housing, a serious situation that the organization said needs to be addressed sooner than later to avoid issues in
- [First Stage of Plans for Las Vegas Spaceport Approved by Clark County Board of Commissioners](https://www.shelterrealty.com/2024/06/10/first-stage-of-plans-for-las-vegas-spaceport-approved-by-clark-county-board-of-commissioners/) - LAS VEGAS, NV – The Clark County Board of Commissioners have officially approved the first stage of plans for an ambitious project: the Las Vegas Spaceport, which its developer says will build a strong space-based economy in Southern Nevada and will one day become a busy hub for both commercial and private space tourism. Last week,
- [Las Vegas Home Prices Continue Inching Up to All-Time High in May 2024, According to New Report](https://www.shelterrealty.com/2024/06/07/las-vegas-home-prices-continue-inching-up-to-all-time-high-in-may-2024-according-to-new-report/) - LAS VEGAS, NV – They’re not quite there yet, but according to a new report released by Las Vegas Realtors (LVR), the prices of homes in the Las Vegas Valley this past May continued to inch up to their all-time high point, illustrating the fact that demand is still exceeding supply in Southern Nevada. LVR’s report, which
- [As Hollywood Studios Prep for Las Vegas Move, Landon Miller Homes to Build Ultra-Luxury Multi-Million Dollar Estates](https://www.shelterrealty.com/2024/06/05/as-hollywood-studios-prep-for-las-vegas-move-landon-miller-homes-to-build-ultra-luxury-multi-million-dollar-estates/) - LAS VEGAS, NV – Amid plans amongst major Hollywood studios to begin setting up operations in Las Vegas – along with the steadily growing presence of more and more professional sports teams within the city – Landon Miller, owner of developer Landon Miller Homes, announced this week that his company would be addressing the increasing
- [Las Vegas Apartment Rates Rising Steadily Once Again Due to Strong Demand](https://www.shelterrealty.com/2024/05/30/las-vegas-apartment-rates-rising-steadily-once-again-due-to-strong-demand/) - LAS VEGAS, NV – New data from Redfin indicates that apartment rental rates in Las Vegas are increasing faster than the national average, a development driven both by strong demand and an overall limited amount of inventory, among other factors. Many other cities in the Southeast and Southwest United States have seen rental rates dropping when
- [Investors Ramp Up Activity in Las Vegas Again; Second Highest Increase In Country](https://www.shelterrealty.com/2024/05/29/investors-ramp-up-activity-in-las-vegas-again-increase-home-purchasing/) - LAS VEGAS, NV – Real estate investors have been ramping up their activity nationwide once again, and one of the areas that has seen the largest increase in single-family home purchases on the part of corporate entities as of late is the Las Vegas Valley. According to a new report by Redfin, the number of homes
- [Clark County to Ramp Up Enforcement of Unpermitted Short-Term Rentals This Memorial Day Weekend](https://www.shelterrealty.com/2024/05/24/clark-county-to-ramp-up-enforcement-of-unpermitted-short-term-rentals-this-memorial-day-weekend/) - LAS VEGAS, NV – In anticipation of increased tourism during the upcoming Memorial Day weekend, Clark County officials have begun to ramp up their enforcement of short-term rentals operating within their borders that are doing so without a license. Clark County will have their STR enforcement team out combing the streets in response to community complaints; as of
- [New Mixed-Use Apartment and Retail Complex Under Development in Las Vegas’ Arts District](https://www.shelterrealty.com/2024/04/05/new-mixed-use-apartment-and-retail-complex-under-development-in-las-vegas-arts-district/) - LAS VEGAS, NV – Las Vegas’ downtown is sorely in need of new housing options for its inhabitants, and as a means to address that issue, construction is currently underway on a large, new mixed-use project in the 18b Arts District that looks to combine apartment units and retail, spread out amongst several buildings. The project –
- [Tropicana Closes After 67 Years, Historic Hotel-Casino to be Imploded for A’s Upcoming Stadium](https://www.shelterrealty.com/2024/04/03/tropicana-closes-after-67-years-historic-hotel-casino-to-be-imploded-for-as-upcoming-stadium/) - LAS VEGAS, NV – On Tuesday, the end of an era was marked as the Tropicana Las Vegas – one of the oldest remaining vanguards of the iconic Sin City hotel-casinos of the Rat Pack era – closed its doors for business two days prior to its 67th anniversary, with the structure slated to be imploded later this
- [Former Site of Imploded New Frontier Hotel  Continues to Sit Unused Nearly 17 Years Later](https://www.shelterrealty.com/2024/04/01/former-site-of-imploded-new-frontier-hotel-continues-to-sit-unused-nearly-17-years-later/) - LAS VEGAS, NV – The New Frontier Hotel and Casino was an iconic sight on the Las Vegas Strip since it originally opened for business in 1931; over the years it changed hands several times until it’s eventual final sale and closure in May 2007. The structure was finally imploded in November of that same
- [Las Vegas’ Iconic Western Hotel & Casino Now Up for Sale for Undisclosed Price](https://www.shelterrealty.com/2024/03/30/las-vegas-iconic-western-hotel-casino-now-up-for-sale-for-undisclosed-price/) - LAS VEGAS, NV – The Western Hotel & Casino, an iconic part of the Las Vegas downtown scene steeped in the rich history of the city, is reportedly up for sale for an undisclosed price. Originally closing down in 2012, the hotel is one of the many properties in Vegas previously owned by the late Tony
- [For Second Year in a Row, Nevada Shows Decrease in Number of Housing Permits](https://www.shelterrealty.com/2024/03/27/for-second-year-in-a-row-nevada-shows-decrease-in-number-of-housing-permits/) - LAS VEGAS, NV – As per a new study from online real estate search portal Point2, Nevada has experienced a decrease in the number of housing permits being applied for by developers for the second year in a row. In 2023, Nevada issued 18,473 new housing permits, made up of single-family homes and apartment units; according
- [$1.8 Billion Movie Studio Backed by Big-Name Hollywood Players Approved by Clark County](https://www.shelterrealty.com/2024/03/22/1-8-billion-movie-studio-backed-by-big-name-hollywood-players-approved-by-clark-county/) - LAS VEGAS, NV – Multiple variances for a $1.8 billion movie studio and mixed-use project backed by Howard Hughes Holdings, Sony Pictures Entertainment and Hollywood A-list actor Mark Wahlberg were officially approved by the Clark County Zoning Commission on Wednesday, with the next step of the process involving sending the plans to the Nevada legislature and Governor
- [Mosaic Commerce Center, 34-Acre Industrial Park in North Las Vegas, Purchased for $115 Million](https://www.shelterrealty.com/2024/03/20/mosaic-commerce-center-34-acre-industrial-park-in-north-las-vegas-purchased-for-115-million/) - LAS VEGAS, NY – A Delaware-based investment group has reportedly purchased a 34-acre industrial park located in North Las Vegas for $115 million. The Mosaic Commerce Center – a Class A, mid-bay industrial project comprised of nine buildings totaling 582,510 square-feet – has been sold by Las Vegas-based real commercial real estate firm The Mosaic Companies
- [National Association of Realtors Agrees to Settlement in Antitrust Lawsuits Eliminating Commission Rules](https://www.shelterrealty.com/2024/03/18/national-association-of-realtors-agrees-to-settlement-in-antitrust-lawsuits-eliminating-commission-rules/) - CHICAGO, IL - In a historic settlement that will completely change the current homebuying and selling business model, the National Association of Realtors (NAR) on Friday entered into a settlement in a series of antitrust lawsuits brought against the organization by groups of home sellers by agreeing to pay $418 million in damages and eliminating commission rules,
- [Two Separate Mixed-Use Apartment Complexes Pitched for Downtown Las Vegas Totaling Almost 400 Units](https://www.shelterrealty.com/2024/03/15/two-separate-mixed-use-apartment-complexes-pitched-for-downtown-las-vegas-totaling-almost-400-units/) - LAS VEGAS, NV – Two developers – Cherry Development and Schulman Properties – have pitched two separate mixed-use apartment complexes for the downtown Las Vegas area that, when completed, will produce almost 400 units in an effort to address the housing shortage in the city. Based in Las Vegas, Cherry Development is slated to hold their official
- [Luxury Real Estate Brokerage Begins Beta-Testing First-Ever “Conversational” AI Avatar on Las Vegas Website](https://www.shelterrealty.com/2024/03/13/luxury-real-estate-brokerage-begins-beta-testing-first-ever-conversational-ai-avatar-on-las-vegas-website/) - LAS VEGAS, NV – A national luxury real estate broker has taken the industry one step closer to the future – for better or for worse, depending on how you feel about the implications of Artificial Intelligence (AI) – by announcing that it will be beta testing a website across its brokerage operations in Las
- [New York-Based Firm Purchases 54 Acres in South Las Vegas; Massive Residential Development Anticipated](https://www.shelterrealty.com/2024/03/08/new-york-based-firm-purchases-54-acres-in-south-las-vegas-massive-residential-development-anticipated/) - LAS VEGAS, NV – According to Clark County property records, JEN Partners – a real estate investment firm based out of New York – recently purchased 54 acres of underdeveloped, residential-zoned land in south Las Vegas for $33.5 million, and speculation is running rampant that the property will be used for a massive residential development. The land
- [STRs Located in Las Vegas Among Most Profitable in United States; Investors, Fortunate Owners, Cashing In](https://www.shelterrealty.com/2024/03/04/report-strs-located-in-las-vegas-among-most-profitable-in-united-states/) - LAS VEGAS, NV – Short-term rentals, STRs, are a major money-making business in the United States, and a new report indicates that among all of the cities in the country, the ones located in Las Vegas are among the very most profitable short-term rentals in the entire country. The housing market in Las Vegas shot to unprecedented
- [Boxing Legend Oscar De La Hoya Relocates from LA to Lavish $15 Million Vegas Mansion](https://www.shelterrealty.com/2024/03/01/boxing-legend-oscar-de-la-hoya-relocates-from-la-to-lavish-15-million-vegas-mansion/) - LAS VEGAS, NV – Boxing legend Oscar De La Hoya recently picked up his roots and moved from his longtime home of Los Angeles, California, to Las Vegas, and recently held a media event where he publicly unveiled the new residence he and his wife will be inhabiting- a lavish mansion valued at nearly $15 million that
- [January 2024 Sees Second-Highest Number of Luxury Home Sales in Las Vegas History](https://www.shelterrealty.com/2024/02/26/january-2024-sees-second-highest-ever-number-of-luxury-home-sales-in-las-vegas-history/) - LAS VEGAS, NV – January 2024 saw the second-highest number of luxury home sales in Las Vegas ever, proving that high-end residence sales in Southern Nevada are still going strong – and picking up steam – despite whatever challenges are encountered by the national real estate market overall in light of high inflation and mortgage rates.
- [New Las Vegas Luxury Residential Development, The Canyon at Ascaya, Slated for 2025 Completion](https://www.shelterrealty.com/2024/02/21/new-las-vegas-luxury-residential-development-the-canyon-at-ascaya-slated-for-2025-completion/) - LAS VEGAS, NV – The Canyon at Ascaya is an upcoming exclusive residential development in Las Vegas that is currently under construction in Henderson’s affluent and guard-gated Ascaya community, slated for completion in early 2025. Located amid the McCullough Mountains, The Canyon at Ascaya will offer 51 residences that have been designed and built by Las Vegas
- [Report Shows Las Vegas Residents Need to Make $70K to Afford Rent in the Valley](https://www.shelterrealty.com/2024/02/19/report-shows-las-vegas-residents-need-to-make-70k-to-afford-rent-in-the-valley/) - LAS VEGAS, NV – According to a new report by Zillow, Las Vegas residents need to be earning nearly $70,000 a year to be able to afford rent in the valley, an amount that is currently higher than the median household income. The current rental asking price comes in at $1,745, a 1.9 percent year-over-year increase and
- [Rents in Las Vegas Dropping to Start 2024, According to New Report](https://www.shelterrealty.com/2024/02/16/rents-in-las-vegas-dropping-to-start-2024-according-to-new-report/) - LAS VEGAS, NV – As per a new report released by Zillow, in the Las Vegas Valley rents showed a distinct decline to kick off 2024, with experts saying now is a good time to be looking for an affordable new apartment in the city. As per Zillow’s January rental market report, 16 major metropolitan areas in
- [2.3-Acre Vacant Lot in Arts District Slated for New $180 Million Apartment, Retail Complex](https://www.shelterrealty.com/2024/02/14/2-3-acre-vacant-lot-in-arts-district-slated-for-new-180-million-apartment-retail-complex/) - LAS VEGAS, NV – A 2.3-acre vacant plot located in Las Vegas’s Arts District was purchased in January by Chicago-based developer CEDARst Companies and Utah-based Bridge Investment Group for $6 million, with the two groups now planning on using the property to build a $180 million apartment and retail complex. The newly-announced project, which is officially
- [Clark County Commissioner Asks for Review, Caps on Short-Term Rental Fines After One Renter Receives $240,500 Fine](https://www.shelterrealty.com/2024/02/12/clark-county-commissioner-asks-for-review-caps-on-short-term-rental-fines-after-one-renter-receives-240500-fine/) - LAS VEGAS, NV – With fines being levied against illegal short-term rental units in Las Vegas’ Clark County reaching astronomical sums – with one recent violator reportedly being hit with a whopping $240,500 penalty – a County Commissioner is calling for a review of the process behind issuing fines, and has proposed establishing a cap on
- [Summerlin South is Las Vegas’ Newest High-End Hotspot, with NFL Raiders and Celebrities Alike Buying Up Homes](https://www.shelterrealty.com/2024/02/05/summerlin-south-is-las-vegas-newest-high-end-hotspot-with-nfl-raiders-and-celebrities-alike-buying-up-homes/) - LAS VEGAS, NV – Situated an approximate 20-minute drive west of the Las Vegas Strip, the master-planned community of Summerlin South has been becoming one of the most in-demand neighborhoods among the growing number of affluent sports stars and celebrities who have been calling Southern Nevada home in recent years. Summerlin South is located within the development
- [“Breathtaking” Custom Henderson Home Overlooking Las Vegas Strip on Sale for $18.5 Million](https://www.shelterrealty.com/2024/02/02/breathtaking-custom-henderson-home-overlooking-las-vegas-strip-on-sale-for-18-5-million/) - LAS VEGAS, NV – A custom-built home overlooking the famed Las Vegas Strip, described by its listing agent as “breathtaking” and boasting an aviation-themed design and impressive 30-foot ceilings, has been listed on the market for $18.5 million. Located in Henderson within the MacDonald Highlands master-planned community of Dragon’s Reserve, the home – built by noted
- [Development, Sales in Lake Las Vegas See Exploding Growth in Recent Years, 2024 Expected to Be Biggest](https://www.shelterrealty.com/2024/01/29/development-sales-in-lake-las-vegas-see-exploding-growth-in-recent-years-2024-expected-to-be-biggest/) - LAS VEGAS, NV – While it had previously been known as a place where individuals would purchase vacation homes they would mainly visit on weekends, the Lake Las Vegas master-planned community has seen an explosion in development over the last few years – starting with the early months of the pandemic – and is currently
- [Las Vegas Has Numerous High-Profile Hotel / Resort Projects in the Works for 2024](https://www.shelterrealty.com/2024/01/22/las-vegas-has-numerous-high-profile-hotel-resort-projects-in-the-works-for-2024/) - LAS VEGAS, NV – Las Vegas has seen an explosion of development in recent years, and 2024 doesn’t seem to indicate the momentum will be slowing down anytime soon. That being said, there are a number of high-profile hotel and resort projects in the works during this upcoming year, and below you’ll find a breakdown of
- [Nevada Senator to Introduce Legislation to Provide Oversight of Investor Home Renting](https://www.shelterrealty.com/2024/01/19/nevada-senator-jacky-rosen-to-introduce-legislation-to-provide-oversight-to-investor-home-renting/) - LAS VEGAS, NV – Rising home prices in Nevada, coupled with a rapidly increasing number of single-family houses being snatched up by corporate investors to be used as rentals properties, has made the path to home ownership for some state residents wrought with insurmountable obstacles due to affordability concerns and an overall lack of inventory.
- [Las Vegas Homebuilders Say They're Optimistic for 2024 Despite Lack of Land to Develop](https://www.shelterrealty.com/2024/01/17/las-vegas-homebuilders-say-theyre-optimistic-for-2024-despite-lack-of-land-to-develop/) - LAS VEGAS, NV – At the organization’s recent annual breakfast meeting, the Southern Nevada Home Builders Association welcomed over 170 building executives, with many expressing optimism for home development in Las Vegas in 2024 while also noting that they still face significant hurdles in terms of the lack of available land to them; something that continues to
- [Records Reveal MGM Quietly Bought 1.62 Acres of Land on Las Vegas Strip for $54 Million in 2023](https://www.shelterrealty.com/2024/01/16/records-reveal-mgm-quietly-bought-1-62-acres-of-land-on-las-vegas-strip-for-54-million-in-2023/) - LAS VEGAS, NV – According to Clark County property records recently unearthed, 1.62 acres of land on the Las Vegas Strip were clandestinely purchased by MGM Resorts International in May 2023 for $54 million. Located in-between the Bellagio and the Cosmopolitan, just south of the iconic fountains, the property in question had previously been owned by
- [Low-Income Senior Apartment Complex Starts Construction in Southwest Las Vegas Valley](https://www.shelterrealty.com/2024/01/12/low-income-senior-apartment-complex-starts-construction-in-southwest-las-vegas-valley/) - LAS VEGAS, NV – An apartment complex catering to low-income seniors has begun construction in the southwest Las Vegas Valley this week, a project spearheaded by a local non-profit organization known as Nevada Hand that is looking to address affordability concerns for elder residents. Dubbed Buffalo Cactus Senior Apartments, and owned by Buffalo Cactus LP, the
- [Report: 2023 Was Slowest Year for Las Vegas Housing Market in 15 Years](https://www.shelterrealty.com/2024/01/10/report-2023-was-slowest-year-for-las-vegas-housing-market-in-15-years/) - LAS VEGAS, NV – Despite an increase in sales prices over the course of 2023, a new report indicates that the year was the slowest the Las Vegas Valley housing market has seen since 2008 – a time span of 15 years – with an 18 percent drop from 2022 alone. According to new statistics from Las
- [Las Vegas Valley Water District Purchases Vacant Office Building for $21.2 Million](https://www.shelterrealty.com/2024/01/08/las-vegas-valley-water-district-purchases-vacant-office-building-for-21-2-million/) - LAS VEGAS, NV – A vacant office building in the city of Las Vegas has been purchased by the Las Vegas Valley Water District (LVVWD) for $21.3 million from the Class B asset’s previous owner, Meadow View Associates and BoydT2. Located at 330 South Valley View Boulevard, the two-story, 166,409-square-foot building – which was fully vacant at
- [Wall Street-Backed Corporate Landlord Purchased 264 Clark County Homes in Single Day, According to New Report](https://www.shelterrealty.com/2024/01/05/wall-street-backed-corporate-landlord-purchased-264-clark-county-homes-in-single-day-according-to-new-report/) - LAS VEGAS, NV – According to a new report released this week, a Dallas-based corporate landlord backed by Wall Street purchased hundreds of homes in Clark County in a massive sale that took place on a single day in the summer of 2023. Spread out amongst three separate residential transactions that took place on July 18, a
- [299-Room Las Vegas SpringHill Suites Sold to Apple Hospitality for $75 Million](https://www.shelterrealty.com/2024/01/03/299-room-las-vegas-springhill-suites-sold-to-apple-hospitality-for-75-million/) - LAS VEGAS, NV – The 299-room SpringHill Suites by Marriott Las Vegas Convention Center has been sold for approximately $75 million to real estate investment trust (REIT) Apple Hospitality, as per a joint announcement issued by the two parties. Located next to the Las Vegas Convention Center at 2989 Paradise Road, Springhill Suites Las Vegas originally opened
- [2023 in Review: The Top Residential Sales in Las Vegas Real Estate Over the Past Year](https://www.shelterrealty.com/2023/12/29/2023-in-review-the-top-residential-sales-in-las-vegas-over-the-past-year/) - LAS VEGAS, NV – As 2023 draws to a close on one of the more unusual and noteworthy years in Las Vegas real estate, let’s take a look back over the past 365 days and highlight the top residential sales that have taken place in Southern Nevada. Despite the market experiencing a slowdown overall, some very high-priced
- [Las Vegas Anticipated to Become “Buyer’s Market” in 2024, Real Estate Experts Say](https://www.shelterrealty.com/2023/12/27/las-vegas-anticipated-to-become-buyers-market-in-2024-real-estate-experts-say/) - LAS VEGAS, NV – With the last bits of COVID-19-era inflation hopefully evaporating next year, Las Vegas real estate experts are expecting current record-high home mortgage interest rates to drop slightly in 2024, slowly transforming Southern Nevada into a “buyers’ market” after several years of the reverse being the case. However, those same experts are shooting down
- [AREA15, Las Vegas-Based Sci-Fi-Themed Retail and Entertainment Complex, Begins Construction on Expansion](https://www.shelterrealty.com/2023/12/25/area15-las-vegas-based-sci-fi-themed-retail-and-entertainment-complex-begins-construction-on-expansion/) - LAS VEGAS, NV – Area 15, a Las Vegas-based 126,000-square-foot science-fiction themed retail and entertainment complex that offers an “immersive” environment for attendees, broke ground on a 20-acre expansion of the facility last week. Crews began building 36-foot walls that will enclose the expansion, with new attractions slated to include Universal Destinations & Experiences, a year-round horror
- [Airbnb Using Power of AI to Clamp Down on New Year’s Eve Parties in Las Vegas](https://www.shelterrealty.com/2023/12/22/airbnb-using-power-of-ai-to-clamp-down-on-new-years-eve-parties-in-las-vegas/) - LAS VEGAS, NV – This year, New Year’s Eve partiers need to be on the lookout, as Airbnb will be utilizing advanced artificial intelligence technology to clamp down on parties that are held on December 31 in Sin City. The online rental hosting service will use what they describe as “proprietary AI and machine learning technology” to
- [Single-Story Residence in Las Vegas’ Summerlin Community Sold for $2 Million](https://www.shelterrealty.com/2023/12/20/single-story-residence-in-las-vegas-summerlin-community-sold-for-2-million/) - LAS VEGAS, NV – Located within a gated community of Las Vegas’ Summerlin neighborhood, a lavish single-story house hit the market for nearly $2.1 million and quickly sold, signifying how luxury sales in Southern Nevada have remained relatively unaffected by the ongoing inflation and high mortgage interest rates impacting the rest of the country. Situated within
- [Gold Spike & Oasis Hotel of Las Vegas, Previously Owned by Tony Hsieh, Now Listed for Sale](https://www.shelterrealty.com/2023/12/18/gold-spike-oasis-hotel-of-las-vegas-previously-owned-by-tony-hsieh-now-listed-for-sale/) - LAS VEGAS, NV – The Gold Spike & Oasis Hotel, a historic property located in downtown Las Vegas and previously owned by late Zappos boss Tony Hsieh, has been listed on the open market by his family, which has engaged the services of brokerage firm Logic Commercial Real Estate to aid in the sale. According to Logic
- [Nevada Legislature Seeking to Speed Up Distribution of Millions in Federal Rental Assistance](https://www.shelterrealty.com/2021/04/19/nevada-legislature-seeking-to-speed-up-distribution-of-millions-in-federal-rental-assistance/) - LAS VEGAS, NV – With the extended Nevada eviction moratorium expiring at the end of May – and a federal version to expire afterwards at the end of June – the Nevada Legislature says they are looking into methods of expediting the distribution of millions of dollars in federal rental assistance, despite the fact that
- [April 2023 Las Vegas Home Prices Finally Rise After Remaining Flat for Several Months](https://www.shelterrealty.com/2023/05/19/april-2023-las-vegas-home-prices-finally-rise-after-remaining-flat-for-several-months/) - LAS VEGAS, NV – After holding steady for several months, the prices of homes in Las Vegas finally began to rise in April, even as sales of homes continued to dip amid rising inflation and high rates on home mortgage loans. According to a new report released by Las Vegas Realtors, in April the median price
- [Fontainebleau Las Vegas Finally Opens Doors for Business After Over 23 Years in Development](https://www.shelterrealty.com/2023/12/15/fontainebleau-las-vegas-finally-opens-doors-for-business-after-over-23-years-in-development/) - LAS VEGAS, NV – On Wednesday, December 13, a saga that has taken 23 years to unfold has finally come to fruition as the $3.7 billion Fontainebleau Las Vegas finally held its grand opening with a lavish VIP red carpet event that preceded the opening of its doors to the public just before midnight. However, guests looking
- [Brightline High-Speed Railway Connecting Los Angeles to Las Vegas Acquires $3 Billion in Federal Funding](https://www.shelterrealty.com/2023/12/13/brightline-high-speed-railway-connecting-los-angeles-to-las-vegas-acquires-3-billion-in-federal-funding/) - LAS VEGAS, NV – The long-gestating high-speed railway system between Las Vegas and Southern Los Angeles just got a significant boost this week when U.S. Senator Jacky Rosen announced that $3 billion in federal funding has been secured to begin construction of the project. The Bipartisan Infrastructure Law is providing the new funding for the Brightline West
- [Las Vegas Home Prices Rise Slightly in November, Whereas Housing Supply Continues to Decrease](https://www.shelterrealty.com/2023/12/08/las-vegas-home-prices-rise-slightly-in-november-whereas-housing-supply-continues-to-decrease/) - LAS VEGAS, NV – According to a new report released on Wednesday by local industry association Las Vegas Realtors, home prices increased slightly in Southern Nevada during the month of November 2023, where the housing supply itself showed continued signs of shrinking. Last month, the median price for an existing single-family home in Las Vegas
- [Las Vegas Mega-Mansion with 25 Bedrooms, 46 Baths Sells for $25 Million, Ties All-Time Record ](https://www.shelterrealty.com/2023/12/06/las-vegas-mega-mansion-with-25-bedrooms-46-baths-sells-for-23-million-ties-all-time-record/) - LAS VEGAS, NV – A massive mega-mansion compound in Las Vegas’ affluent Spanish Trail community that boasts a super-impressive 25 bedrooms and 46 bathrooms has been sold for a whopping $25 million. The sale ties the record for the most expensive home ever sold in the region, which was originally set as a 15,000-square–foot residence in
- [Southwest Las Vegas Valley to See New Howard Hughes Office Project Opening in 2024](https://www.shelterrealty.com/2023/12/04/southwest-las-vegas-valley-to-see-new-howard-hughes-office-project-opening-in-2024/) - LAS VEGAS, NV – Howard Hughes Holdings is set to open a huge new office project in the southwest Las Vegas Valley in 2024, and while no tenants have been announced yet, experts expect that the property will fill up quickly once construction is complete due to high demand in the area. The Meridian campus –
- [Actor Dean Cain Ditches California, Buys $4 Million Las Vegas Home: “I've Done a Smart Thing”](https://www.shelterrealty.com/2023/06/26/actor-dean-cain-ditches-california-buys-4-million-las-vegas-home-ive-done-a-smart-thing/) - LAS VEGAS, NV – Actor Dean Cain – who grew to national fame playing Superman in the popular television series “Lois and Clark” in the 1990’s – is the latest example of California residents leaving their home for the improved quality of life offered by the neighboring state of Nevada, with Clark County property records showing
- [Las Vegas’ Luxury Prado Community Offering Pre-Designed, Custom-Built Homes](https://www.shelterrealty.com/2023/12/01/las-vegas-luxury-prado-community-offering-pre-designed-custom-built-homes/) - LAS VEGAS, NV – Prado, a new Blue Heron Nexus community nestled within Las Vegas’ Section 10 neighborhood – one of the oldest developments in the Valley – is currently offering multiple plots of land upon which buyers can select a series of luxury, pre-designed, custom-built homes that the company will construct for them. However,
- [Vegas Home Linked to Mobster Tony “The Ant” Spilotro Hits Market for $550K](https://www.shelterrealty.com/2023/11/27/former-las-vegas-home-of-ex-mobster-john-spilotro-hits-market-for-550k/) - LAS VEGAS, NV – The former Las Vegas residence of a mobster linked to the real-life inspiration of one of the characters from the 1995 crime movie “Casino” has been listed on the real estate market for $550,000. Casino was directed by Martin Scorsese and stars Robert De Niro, Sharon Stone and Joe Pesci. The movie follows Sam
- [Sale of New Homes in Las Vegas Surge During Third Quarter of 2023](https://www.shelterrealty.com/2023/11/24/sale-of-new-homes-in-las-vegas-surge-during-third-quarter-of-2023/) - LAS VEGAS, NV – Serving as a testament to how hard-hit Las Vegas new home sales were in the third quarter of 2022 due to rising interest rates on home mortgage loans, sales showed a distinct surge during the third quarter of 2023, serving as a sign that things are improving in the Southern Nevada
- [Short Term Rental Listings Fetching Big Money During Las Vegas Formula 1 Event](https://www.shelterrealty.com/2023/11/15/short-term-rental-listings-fetching-big-money-during-las-vegas-formula-1-event/) - LAS VEGAS, NV – The Formula One Las Vegas Grand Prix held its opening ceremonies on Wednesday, and short term rental owners in Southern Nevada where STR licenses are currently available – including Henderson, Las Vegas and North Las Vegas – are already reaping large financial benefits. Unfortunately, however, some frustrated Clark County landlords
- [New Report: Las Vegas Second-Most Popular City in U.S. for Middle-Class Movers Seeking Affordability](https://www.shelterrealty.com/2023/11/13/new-report-las-vegas-second-most-popular-city-in-u-s-for-middle-class-movers-seeking-affordability/) - LAS VEGAS, NV – A new report released by H&R Block reveals that more middle-class Americans are moving out of state in search of affordable lifestyles, and that Las Vegas, Nevada is among the top destinations for families and individuals looking to get more bang for their hard-earned buck. Cities in Arizona, Nevada, Florida, and
- [Enterprise, Township in Southwest Vegas Valley, Rated One of Fastest-Growing in the Country](https://www.shelterrealty.com/2023/11/03/enterprise-township-in-southwest-vegas-valley-rated-one-of-fastest-growing-in-the-country/) - LAS VEGAS, NV – Las Vegas has seen an explosion in the expansion of both its residential and commercial sectors in recent years – including Summerlin, Henderson, and the Las Vegas Strip, to name a few – but Enterprise, an up-and-coming township located in the southwest Las Vegas Valley, has been turning heads lately as one
- [All-Time Highest-Priced Home Sold in Las Vegas For Sale Again Just Two Years Later](https://www.shelterrealty.com/2023/11/10/all-time-highest-priced-home-sold-in-las-vegas-for-sale-again-just-two-years-later/) - LAS VEGAS, NV – The all-time highest priced home sold in Las Vegas is suddenly finding itself back on the market a mere two years after it was originally purchased, however with a substantial uptick in its asking price. The three-story, 15,000 square-foot home in Henderson’s MacDonald Highlands community earned its place in the record
- [Home Prices in Las Vegas Increase in October While Sales, Number of Listings Drop](https://www.shelterrealty.com/2023/11/08/home-prices-in-las-vegas-increase-in-october-while-sales-number-of-listings-drop/) - LAS VEGAS, NV – According to a new report, the prices of homes in the Las Vegas valley experienced a small increase during the month of October – which is usually the opposite of established norms during the fall season – while both sales and the number of listings currently on the market slowed slightly.
- [U.S. Bureau of Land Management Sells Nearly 600 Acres of Land in Las Vegas Valley](https://www.shelterrealty.com/2023/11/06/u-s-bureau-of-land-management-sells-nearly-600-acres-of-land-in-las-vegas-valley/) - LAS VEGAS, NV – Multiple parcels of land in the Las Vegas Valley, totaling 589 acres, have been sold by the U.S. Bureau of Land Management (BLM) – an agency within the United States Department of the Interior responsible for administering federal lands – for the impressive sum of $93 million. BLM had previously announced that
- [Prominent Las Vegas Shopping Center Decatur 215 Sells for Over $36 Million](https://www.shelterrealty.com/2023/11/01/prominent-las-vegas-shopping-center-decatur-215-sells-for-over-36-million/) - LAS VEGAS, NV – The sale of Decatur 215, a 126,678-square-foot shopping center in Las Vegas, was announced by owner Brixton Capital on October 30, who sold the property in a 1031 exchange to a private investor for $36.3 million, with the deal reportedly brokered by Lucescu Realty on behalf of the buyer. Brixton Capital
- [What's The Difference Between Interest Rate and Annual Percentage Rate (APR)?](https://www.shelterrealty.com/2010/03/28/whats-the-difference-between-interest-rate-annual-percentage-rate-apr-and-note-rate/) - The difference between APR and actual note rate is very confusing, especially for First-Time Home Buyers who haven't been through the entire closing process before. When shopping for a new mortgage loan, you may notice an Annual Percentage Rate (APR) advertised next to the note rate. The inclusion of an APR is actually mandated by
- [How Do Mortgage Rates Move When The Fed Lowers Rates?](https://www.shelterrealty.com/2010/03/28/how-do-mortgage-rates-move-when-the-fed-lowers-rates/) - Lower mortgage rates is a common misconception that is perpetuated by the mainstream media perpetuates when the Fed makes an announcement of lowering rates. However, when the Fed cuts interest rates, mortgage rates tend to increase. Fed 101: According to Wikipedia: The Federal Reserve System (also referred to as the Federal Reserve, and informally as
- [Construction of Oakland A’s Vegas Ballpark Slated to Begin April 2025 for January 2028 Completion Date](https://www.shelterrealty.com/2023/10/30/construction-of-oakland-as-vegas-ballpark-slated-to-begin-april-2025-for-january-2028-completion-date/) - LAS VEGAS, NV – During a presentation last week to the Las Vegas Stadium Authority by Mortenson-McCarthy, the construction manager of the Oakland Athletics, revealed that work is slated to begin on the Major League Baseball team’s upcoming Las Vegas ballpark in April 2025 for an anticipated completion date of April 2028 - just in time
- [After Years of Delays, Fontainebleau Hotel Finally Set to Open on Vegas Strip Dec. 13](https://www.shelterrealty.com/2023/10/28/after-years-of-delays-fontainebleau-hotel-finally-set-to-open-on-las-vegas-strip-dec-13/) - LAS VEGAS, NV – After an extended series of delays, the $3.7 billion Fontainebleau Las Vegas is finally set to open at the north end of the Las Vegas Strip on December 13, bringing to close a development saga that has spanned 23 years amid ongoing doubts at times that the resort would ever open
- [124,000-Square-Foot Pecos Plaza in Henderson Sells for $26.7 Million; Class B Medical, Office Campus](https://www.shelterrealty.com/2023/10/25/124000-square-foot-pecos-plaza-in-henderson-sells-for-26-7-million/) - LAS VEGAS, NV – MIG Real Estate LLC has announced the sale of Pecos Plaza, a 124,000-square-foot medical and office campus in Henderson, Nevada, to new owner Woodside Health for $26.7 million. The seller was represented in the transaction by Cushman & Wakefield and JLL, reports say. Originally built in 2006, Pecos Plaza is a
- [Upcoming Formula 1 Race Leaves Clark County Short-Term Rental Landlords “Extremely Frustrated”](https://www.shelterrealty.com/2023/10/23/upcoming-formula-1-race-leaves-clark-county-short-term-rental-landlords-extremely-frustrated/) - LAS VEGAS, NV – The impending Formula 1 race in Las Vegas will represent an enormous opportunity to draw in record-breaking crowds of tourists to attend the iconic event, and obviously those tourists will need places to stay while in town. However, local homeowners are fuming over what they perceive as a missed financial opportunity
- [Las Vegas Compound, Previously Occupied by Michael Jackson and Prince of Brunei, on Market for $25 Million](https://www.shelterrealty.com/2023/10/20/las-vegas-compound-previously-occupied-by-michael-jackson-and-prince-of-brunei-on-market-for-25-million/) - LAS VEGAS, NV – A massive compound located in Las Vegas’ affluent Spanish Trail community that was previously owned by the Prince of Brunei – and at one time occupied by late pop singer Michael Jackson – has been listed on the market for a whopping $25 million. The compound, coming in at over 110,000-square-feet
- [What You Need To Know About The Home Inspection Process](https://www.shelterrealty.com/2010/03/28/what-you-need-to-know-about-the-home-inspection-process/) - Congratulations on finding a house! You now have ten (10) days from when you signed the purchase and sales agreement to have a home inspection. Chances are your real estate agent made the offer contingent upon a satisfactorily home inspection and obtaining mortgage financing. What Is A Home Inspection? According to Wikipedia, a home inspection
- [Renting vs Buying A Home](https://www.shelterrealty.com/2010/08/03/renting-vs-buying-a-home/) - While there are several biased sources that can make arguments for or against owning a home, we've found that most home buyers base their ultimate decision on emotion.
- [Rental Rates in Las Vegas Valley Dropped for Second Month in a Row, Report Says](https://www.shelterrealty.com/2023/10/18/rental-rates-in-las-vegas-valley-dropped-for-second-month-in-a-row-report-says/) - LAS VEGAS, NV – After skyrocketing for a significant amount of time and raising affordability concerns in the city, a new Zillow report indicates that rental rates in Las Vegas have decreased for the second month in a row, showing that the marketplace is beginning to achieve a level of stability. The average rental price
- [Las Vegas Mansion of Celebrity Couple Kyle Dean Massey and Taylor Frey on Market for $4 Million](https://www.shelterrealty.com/2023/10/13/las-vegas-mansion-of-celebrity-couple-kyle-dean-massey-and-taylor-frey-on-market-for-4-million/) - LAS VEGAS, NV – With the married duo set to move to London in the coming months, celebrity couple Kyle Dean Massey and Taylor Frey have listed their Las Vegas mansion – located in the affluent Spanish Hills master-planned community, which has also been the home to stars such as Nicolas Cage and Mötley Crüe’s
- [Should I Refinance or Get a HELOC For Home Improvements?](https://www.shelterrealty.com/2010/03/28/should-i-refinance-or-get-a-home-equity-line-in-order-to-do-home-improvements/) - For homeowners interested in making some property improvements without tapping into their savings or investment accounts, the two main options are to either take out a Home Equity Line of Credit (HELOC), or do a cash-out refinance. A Home Equity Loan is similar to the Line of Credit, except there is a lump sum given
- [Calculating The Net Benefit Of A Refinance Transaction](https://www.shelterrealty.com/2010/03/28/calculating-the-net-benefit-of-a-refinance-transaction/) - Calculating the net benefit of refinancing can be a challenging task if you do not understand what to calculate. We are going to focus on the net benefits of refinancing from the standpoint of lowering your interest rate. Although there are several reasons to refinance, lowering your mortgage rate to save on interest payments over
- [Four Reasons To Refinance](https://www.shelterrealty.com/2010/11/22/four-possible-reasons-to-refinance/) - A mortgage is generally the largest debt most homeowners have. It's a good idea to give your personal real estate finance portfolio a check-up at least often.
- [Calculating Loan-to-Value (LTV)](https://www.shelterrealty.com/2010/03/28/calculating-loan-to-value-ltv/) - Understanding the definition of Loan-to-Value (LTV), and how it impacts a mortgage approval, will help you determine what type of loan amount and program you may qualify for. Since the LTV Ratio is a major component of getting approved for a new mortgage, it's a good idea to learn the simple math of calculating the
- [Do I Have To Continue Making My Mortgage Payment If My Lender Goes Bankrupt?](https://www.shelterrealty.com/2010/03/28/do-i-have-to-continue-making-my-mortgage-payment-if-my-lender-goes-bankrupt/) - The short answer is YES, you still have to continue making mortgage payments if your current lender files for bankruptcy or disappears over the weekend. When mortgage banks go out of business and are essentially taken over by the FDIC, homeowners are left wondering if they still need to make a monthly payment. Great thought,
- [Shopping For A Hazard Insurance Policy](https://www.shelterrealty.com/2010/03/28/shopping-for-a-hazard-insurance-policy/) - When shopping for a hazard insurance policy, something called "bundling" can actually save you quite a bit of money that most people aren't aware of. Many of the big insurance companies price their insurance rates to attract a particular segment of the market. They usually price their hazard insurance policies to attract homeowners who need
- [Understanding An Amortization Schedule](https://www.shelterrealty.com/2010/03/28/understanding-an-amortization-chart/) - By committing to a mortgage loan, the borrower is entering into a financial agreement with a lender to pay back the mortgage money, with interest, over a set period of time. The borrower's monthly mortgage payment may change over time depending on the type of loan program, however, we're going to address the typical 30
- [Why Do I Need Mortgage Insurance?](https://www.shelterrealty.com/2010/03/28/why-do-i-need-mortgage-insurance/) - Mortgage Insurance, sometimes referred to as Private Mortgage Insurance, is required by lenders on conventional home loans if the borrower is financing more than 80% Loan-To-Value. PMI isn't necessarily a bad thing since it allows borrowers to purchase a property by qualifying for conventional financing with a lower down payment. Private Mortgage Insurance (PMI) simply
- [Who Owns My Home If I Have A Mortgage?](https://www.shelterrealty.com/2010/03/22/who-owns-my-home-if-i-have-a-mortgage/) - Many borrowers believe that when they purchases a property by obtaining mortgage financing, they also own their home. Technically speaking, full ownership on a property only happens once the mortgage loan amount has been paid in full. To break this down in more detail, there are a few components of a mortgage: A Promissory Note
- [How Do I Calculate My Mortgage Payment Without Using A Mortgage Calculator?](https://www.shelterrealty.com/2010/03/28/how-do-i-calculate-my-mortgage-payment-without-using-a-mortgage-calculator/) - Calculating an exact mortgage payment without a calculator on a loan is no small task, but there are some simple rules-of-thumb you can use to get a close estimate. With the exception of the MIT Blackjack Team, performing this type of complex math in your head often leads to frustrating rants. When coming up with
- [How Do Mortgage Companies Value A Property That Has Not Been Built Yet?](https://www.shelterrealty.com/2010/03/28/how-do-mortgage-companies-value-a-property-that-has-not-been-built-yet/) - It's obviously easier to picture the process of estimating value on an existing property in a neighborhood that has a history of home sales, but the task of determining the value on new construction projects does pose some challenges. Appraisals on homes that haven't been built yet generally require the contractor and home buyer to
- [Former MGM Resorts CEO Jim Murren Sells Las Vegas Mansion for Over $15 Million ](https://www.shelterrealty.com/2023/10/11/former-mgm-resorts-ceo-jim-murren-sells-las-vegas-mansion-for-over-15-million/) - LAS VEGAS, NV - The former chairman and CEO of MGM Resorts International, Jim Murren, has sold his Las Vegas mansion – dubbed “Skyspace” – for over $15 million, making it the second highest price that a home has fetched in the Valley this past September, following the sale of actor Mark Walberg’s Summit Club
- [Despite Lower Overall Demand Nationwide Post-COVID, Demand for Office Space in Las Vegas Remains High](https://www.shelterrealty.com/2023/10/09/despite-lower-overall-demand-nationwide-post-covid-demand-for-office-space-in-las-vegas-remains-high/) - LAS VEGAS, NV – Remote work, which came to prominence during COVID-19, has remained a work model that is quite popular amongst many individuals even now that the pandemic is officially over, leading to a nationwide decline in the demand for office space; indeed, many metro areas are still reporting high degrees of vacancy and
- [Where Does My Earnest Money Go?](https://www.shelterrealty.com/2010/09/03/where-does-my-earnest-money-go/) - When a buyer makes an offer to buy residential real estate, he/she generally signs a contract and pays a sum acceptable to the seller by way of earnest money.
- [Ten Credit Do’s and Don’ts To Bear In Mind Prior To Getting Your Mortgage Loan](https://www.shelterrealty.com/2010/04/01/ten-credit-dos-and-donts-to-bear-in-mind-prior-to-getting-your-mortgage-loan/) - Simple, the underwriter pulls an updated credit report to verify that there hasn't been any new activity since original approval was issued.
- [Alternate Sources For Establishing Credit](https://www.shelterrealty.com/2010/03/28/alternate-sources-for-establishing-credit/) - While the basic Rule-of-Thumb for acceptable credit history is a minimum of four trade lines documented on a credit report, there are alternative methods of building a credit picture that an underwriter can use to make a decision for a loan approval. For potential home buyers with little or no credit history, keeping records for
- [Understanding the Difference Between an Appraisal vs Neighborhood Listing Prices](https://www.shelterrealty.com/2010/03/28/understanding-the-difference-between-an-appraisal-vs-neighborhood-listing-prices/) - Why is there such a difference between what my appraised value is and the price similar homes are selling for on my street? It’s a great question, and you don’t have to be a mortgage professional or a real estate agent to understand the answer. The distinction lies in the purpose of the two valuations
- [What Do Appraisers Look For When Determining A Property's Value?](https://www.shelterrealty.com/2010/08/03/what-do-appraisers-look-for-when-determining-a-propertys-value/) - Most people are surprised to learn what appraisers actually look at when determining the value of a real estate property.
- [Five Myths About Home Values](https://www.shelterrealty.com/2010/03/28/five-myths-about-home-values/) - In early 2006, when home values were just going up, most homeowners did not question appraisals much. It was the best of times. Over the past two and a half years, home sellers and even listing agents quite often question and pick apart appraisals. It was the worst of times. A Tale of Two Housing
- [Average Price of Vegas Homes in September Holds at $450,000 Year-Over-Year](https://www.shelterrealty.com/2023/10/06/average-price-of-las-vegas-homes-in-september-holds-at-450000-year-over-year/) - LAS VEGAS, NV – The real estate sales figures for Las Vegas in the month of September are in, and the median sales price of an existing single-family home in Southern Nevada was $450,000, which is the exact same price it was one year ago in September of 2022. The coincidences don't stop there; the
- [Las Vegas Mortgage Approval and Funding Process](https://www.shelterrealty.com/2009/05/24/las-vegas-mortgage-approval-and-funding-process/) - Las Vegas Mortgage Approval and Funding Process
- [Common Documents Required For A Mortgage Pre-Approval](https://www.shelterrealty.com/2010/03/28/common-documents-required-for-a-mortgage-pre-approval/) - Even though many lenders are still quoting quick 10 minute pre-qualifications over the phone or online, a true mortgage approval that holds any weight is one that has been issued by an underwriter who has had an opportunity to review all of the necessary documents. With a constant stream of new lending guidelines, volatile mortgage
- [Las Vegas City Council Considering Proposal for New Apartments, Hotel in Arts District](https://www.shelterrealty.com/2023/10/04/las-vegas-city-council-considering-proposal-for-new-apartments-hotel-in-arts-district/) - LAS VEGAS, NV – The Las Vegas City Council is currently considering a proposal that, if approved, would add a new mixed-use project to the downtown Arts District planned to be made up of new apartments, hotel rooms, and commercial space. The proposed project – which is slated to be located on a 1.78-acre site
- [Report: Approximately 5,000 Los Angeles Residents Moved to Las Vegas in August](https://www.shelterrealty.com/2023/10/02/report-approximately-5000-los-angeles-residents-moved-to-las-vegas-in-august/) - LAS VEGAS, NV – According to a new report released by online real estate brokerage Redfin, somewhere in the neighborhood of 5,000 people relocated from Los Angeles to Las Vegas during the month of August, showing that Southern Nevada is still a very desirable place for people to move to, especially from states with a
- [Mortgage Glossary: Top Terms To Know](https://www.shelterrealty.com/2010/03/22/top-mortgage-terms-to-know/) - While most mortgage web sites offer a glossary containing hundreds of real estate and lending related terms, we wanted to highlight the top terms that most borrowers will hear several times throughout the approval and home buying process. Understanding the "Shop Talk" between the various industry professionals that you've assembled on your team will hopefully
- [Realtors Show Concern Over Wall Street Buying Las Vegas Homes En Masse for Rentals](https://www.shelterrealty.com/2023/09/29/realtors-show-concern-over-wall-street-buying-las-vegas-homes-en-masse-for-rentals/) - LAS VEGAS, NV – Realtors in Las Vegas are beginning to show serious concern over a growing trend that eerily reflects market conditions prior to the mid-2000s recession; back then, it was Wall Street packaging risky subprime mortgages into mortgage-backed securities. Fast-forward to today, and Las Vegas Realtor Noah Herrera says that Wall Street
- [Mark Wahlberg Sells Vegas Home for $16.6 Million One Year After Purchase, Makes $2 Million Profit](https://www.shelterrealty.com/2023/09/27/mark-wahlberg-sells-vegas-home-for-16-6-million-one-year-after-purchase-makes-2-million-profit/) - LAS VEGAS, NV – Hollywood actor Mark Wahlberg, well-known for starring in blockbuster movies such as “Transformers,” “Boogie Nights,” and “Pain and Gain,” has just sold his Las Vegas home just over one year after having purchased it, making an impressive profit in the process. In August 2022, Wahlberg bought a 7,327 square-foot, two-story, four-bedroom
- [Las Vegas Currently Has the Highest Level of Home Foreclosures in the Nation](https://www.shelterrealty.com/2023/09/25/las-vegas-currently-has-the-highest-level-of-home-foreclosures-in-the-nation/) - LAS VEGAS, NV – During the mid-2000s recession, numerous families lost their homes to the dreaded malady of foreclosure. And while the housing market has obviously improved significantly since those days, experts are noting that the number of foreclosures nationwide is starting on an upward trajectory once again, with Las Vegas being considered as currently having the
- [Buy First or Sell First?](https://www.shelterrealty.com/2010/09/17/buy-first-or-sell-first/) - If you are planning to sell your Las Vegas Home and purchase a new one, you might be tempted to look for a new residence before your current home has been sold. Don’t do it! Just think of the predicament you would be in if you find and purchase your next dream home, and are
- [Distressed and Bank Owned Properties](https://www.shelterrealty.com/2010/07/03/las-vegas-distressed-and-bank-owned-properties/) - Some of the most disappointed people I know are those who, without the knowledge, skills and experience required to reach their investment goals, have banked upon unproven and unwise “get rich quick” schemes in order to “cash in” on the current glut in Las Vegas distressed properties. Many of these people are would-be real estate
- [Overpriced Homes - Can They Be Sold?](https://www.shelterrealty.com/2010/09/23/overpriced-homes-can-they-be-sold/) - Under today’s marketplace conditions, with the availability of so many Las Vegas distressed properties, foreclosures, short sales and motivated sellers in abundance, offering properties that can be purchased at considerably under market prices, why would anyone consider making an offer on a home that is unquestioningly over priced?
- [The Sale Leaseback Option](https://www.shelterrealty.com/2010/10/11/the-sale-leaseback-option/) - A leaseback option more commonly occurs in commercial real estate transactions than in residential real estate negotiations, however, a buyer of residential rental property will occasionally come across a situation of this nature.
- [Las Vegas Home Inspections](https://www.shelterrealty.com/2010/09/06/las-vegas-home-inspections/) - Inspections Prior To Listing Having a Home inspected prior to purchase is an important safeguard for buyers and lenders, in order to ensure that the structure that represents thousands of dollars in investment capital is sound and the home’s vital components are in good working order. Las Vegas home sellers would do well to have
- [Selling Your Vegas Home in a Slow Market](https://www.shelterrealty.com/2010/10/31/selling-your-las-vegas-home-in-a-slow-market/) - When a Las Vegas listing agent and a client talk strategy, there is one question the agent does not have to ask his/her client
- [Rockefeller Group to Convert Former Las Vegas-Based Walmart Property Into Industrial Complex](https://www.shelterrealty.com/2023/09/22/rockefeller-group-to-convert-former-las-vegas-based-walmart-property-into-industrial-complex/) - LAS VEGAS, NV – The Rockefeller Group – a private company based in New York City primarily involved in real estate operations and a subsidiary of Mitsubishi Estate Company – announced this week that they had purchased the 19-acre location of a former Walmart supercenter located in Las Vegas, with plans to redevelop the property into
- [Distinguishing the Differences Between Real Estate Agents and Professional REALTORS®](https://www.shelterrealty.com/2023/09/18/the-differences-between-real-estate-agents-and-realtors-explained/) - LAS VEGAS, NV – To a novice, there are many aspects of the real estate industry that might remain a mystery to them, and experts say one of the most commonly asked questions they receive are from those inquiring about the differences between a real estate agent and a Realtor, with many people actually believing the
- [Apartment Rents in Las Vegas Drop Double-Digits Over Past Year, According to Report](https://www.shelterrealty.com/2023/09/15/apartment-rents-in-las-vegas-drop-double-digits-over-past-year-according-to-report/) - LAS VEGAS, NV – According to a new report released this week by Rent.com, the average rent for a one-bedroom apartment in the Las Vegas Valley decreased by percentage points in the double digits over the course of the past year, with only a minor bump seen in August disrupting this trend. The average rental rate
- [Luxury Home Sales in Las Vegas Reach Highest Level Ever in First Half of 2023](https://www.shelterrealty.com/2023/09/11/luxury-home-sales-in-las-vegas-reach-highest-level-ever-in-first-half-of-2023/) - LAS VEGAS, NV – Sales of luxury homes in Las Vegas have now reached their highest level ever with a record-setting number of homes priced at $1 million or higher exchanging hands between January and June of this year, and the milestone is being associated with numerous factors, including increasing prices and escalating demand. During
- [New Report Indicates Las Vegas Has Second-Lowest Percentage of Millennial Home Buyers in U.S.](https://www.shelterrealty.com/2023/09/08/new-report-indicates-las-vegas-has-second-lowest-percentage-of-millennial-homebuyers-in-u-s/) - LAS VEGAS, NV – According to new data compiled by Construction Coverage – a group that provides in-depth reviews of solutions for the construction and real estate industry – the Las Vegas Valley had the second-lowest number of millennial home buyers throughout the United States in 2022, signifying that the demographic is having a particularly difficult
- [11 Million Square-Foot Industrial Project Planned for North Las Vegas](https://www.shelterrealty.com/2023/09/05/11-million-square-foot-industrial-project-planned-for-north-las-vegas/) - LAS VEGAS, NV – San Francisco, California-based Prologis has announced plans to build an 11 million square-foot industrial project in North Las Vegas that will be situated upon 879 acres at Apex Industrial Park that the developer purchased last week. The project is slated to take the form of several buildings and construction is anticipated to
- [Nevada Officials Caution Residents of New Widespread Real Estate Scam](https://www.shelterrealty.com/2023/09/01/nevada-officials-caution-residents-of-new-widespread-real-estate-scam/) - LAS VEGAS, NV – Officials representing the Nevada Division of Insurance and the Nevada Real Estate Division have issued warnings to state residents over a new and increasingly widespread real estate scam known as “vacant lot fraud” or “seller impersonation fraud.” This particular scam involves individuals pretending to be owners of properties or vacant lots and
- [Tips on House-Buying in Las Vegas During a Complex and Competitive Marketplace](https://www.shelterrealty.com/2023/08/30/tips-on-house-buying-in-las-vegas-during-a-complex-and-competitive-marketplace/) - LAS VEGAS, NV – With high mortgage rates, decreased sales, and complications due to a currently-high inflation rate, the real estate market can be incredibly complex and competitive to navigate, and Las Vegas, Nevada is no exception to that rule. So, local experts have pitched in to offer some tips on house buying in Southern
- [California Firm to Invest Nearly $950 Million in Las Vegas Real Estate Assets](https://www.shelterrealty.com/2023/08/28/california-firm-to-invest-nearly-950-million-in-las-vegas-real-estate-assets/) - LAS VEGAS, NV – California-based Realty Income Corp. announced on Friday that it has signed an agreement to invest approximately $950 million into acquiring equity interests from New York-based Blackstone Real Estate Income Trust, Inc. in a new joint venture that now owns a 95 percent interest in the real estate assets of The Bellagio Las
- [Football Fanatic Lists Las Vegas Home Filled with 2,000 Helmets for $1.15 Million ](https://www.shelterrealty.com/2023/08/25/football-fanatics-las-vegas-home-filled-with-2000-helmets-listed-for-1-15-million/) - LAS VEGAS, NV – An avid football fanatic has listed his Las Vegas home on the open market – after having lived there for 23 years – for $1.15 million, and one only need look inside to realize the depths of his esteem for the game, as his home is filled to nearly bursting with
- [Athletics Hire Allegiant Stadium Joint Construction Firms to Build Las Vegas Baseball Ballpark](https://www.shelterrealty.com/2023/08/23/athletics-hire-allegiant-stadium-joint-construction-firms-to-build-las-vegas-baseball-ballpark/) - LAS VEGAS, NV – The Athletics' ownership has hired the pair of industry-leading construction firms responsible for building Allegiant Stadium to build the Major League Baseball (MLB) team’s proposed new $1.5 billion ballpark on the Las Vegas Strip. The A’s announced this week that the Mortenson | McCarthy Joint Venture will be responsible for handling all construction-related
- [Clark County Approves Construction of Hard Rock “Guitar Tower,” Replacing Mirage’s Iconic Volcano](https://www.shelterrealty.com/2023/08/21/clark-county-approves-construction-of-hard-rock-guitar-tower-replacing-mirages-iconic-volcano/) - LAS VEGAS, NV – Hard Rock International, the new owners of the Mirage Las Vegas, have gained the approval of the Clark County Zoning Commission to replace the resort’s iconic volcano attraction with a massive guitar tower-themed resort and casino, reflecting the eventual rebranding of the property into the Hard Rock Las Vegas. The Mirage
- [Las Vegas Real Estate Agents React to Pending Lawsuit That Could Change How Realtors Are Compensated](https://www.shelterrealty.com/2023/08/18/las-vegas-real-estate-agents-react-to-pending-lawsuit-that-could-change-how-realtors-are-compensated/) - LAS VEGAS, NV – Real estate agents in Las Vegas – and, across the country – are paying very close attention to a current class action lawsuit filed by home sellers that, if successful, could have serious ramifications upon how realtors are compensated for the property transactions they handle. How compensation is currently handled for a
- [New Report: Las Vegas is Number 1 Place Nationwide for Relocating Homebuyers ](https://www.shelterrealty.com/2023/08/16/new-report-las-vegas-is-number-1-place-nationwide-for-relocating-homebuyers/) - LAS VEGAS, NV – As per a new report released this week, when prospective homebuyers nationwide are looking for a new place to relocate, the Las Vegas valley is currently the most searched location out of entirety of the United States. Real estate brokerage Redfin noted that home buyers are being inspired to flock to Las Vegas by
- [New Luxury Apartment Complex to Be Constructed in Henderson; First High-Rise Building in City](https://www.shelterrealty.com/2023/08/14/new-luxury-apartment-complex-to-be-constructed-in-henderson-first-high-rise-building-in-city/) - LAS VEGAS, NV – The new high-rise apartment complex is slated to be constructed in Henderson – the first-ever located in the city – with the developers stating they plan to raise the bar in terms of luxury accommodations in the region. The complex – dubbed Four Seasons Private Residences Las Vegas, a fully-serviced luxury
- [Report Indicates That New Las Vegas Home Listings Have Decreased by Over 50 Percent](https://www.shelterrealty.com/2023/08/12/new-reports-indicate-that-new-las-vegas-home-listings-have-decreased-by-over-50-percent/) - LAS VEGAS, NV – New data released by Las Vegas Realtors indicates the number of listings for new homes within the Las Vegas Valley have decreased by approximately 52 percent year-over-year in July, representing a historically low inventory of homes currently on the market. The housing market in Las Vegas is currently a one-of-a-kind occurrence,
- [Development of “UnCommons” Mixed-Use Facility Expands, Now Includes Event Pavilion](https://www.shelterrealty.com/2023/08/02/development-of-uncommons-mixed-use-facility-expands-now-includes-event-pavilion/) - LAS VEGAS, NV – UnCommons – a 40-acre mixed-used facility currently under development in southwestern Las Vegas – recently announced an expansion of the experimental project with the addition of The Assembly, a 5,000-square-foot conference and event pavilion scheduled to open in September. Upon completion, UnCommons – located at Durango Drive and the 215 Beltway
- [$15 Million Summerlin Home Purchase Tops Las Vegas’ Highest July Real Estate Sales](https://www.shelterrealty.com/2023/07/31/15-million-summerlin-home-purchase-tops-las-vegas-highest-july-real-estate-sales/) - LAS VEGAS, NV – A sale of a home in Summerlin’s Summit Club community – dubbed the “Sky Summit” – topped Las Vegas residential real estate sales for the month of July, fetching a cool $15 million for its sellers. The Sky Summit was originally constructed in 2020 and is located on Vegas Hill Court;
- [Summerlin Among Top Five Best-Selling Communities in United States, Report Says](https://www.shelterrealty.com/2023/07/28/summerlin-among-top-five-best-selling-communities-in-united-states-report-says/) - LAS VEGAS, NV – A new mid-year report released this week by Maryland-based RCLCO Real Estate Consulting has listed the master planned Las Vegas community of Summerlin among the top five best-selling in the entire nation. Summerlin, located on the western edge of the Las Vegas Valley, came in at number five on RCLCO’s list of
- [New Report Indicates Rents Increasing in Lower Income Neighborhoods While Lowering in Higher Income Ones](https://www.shelterrealty.com/2023/07/26/new-report-indicates-rents-increasing-in-lower-income-neighborhoods-while-lowering-in-higher-income-ones/) - LAS VEGAS, NV – A new report from UNLV’s Lied Center for Real Estate confirms an ongoing trend in Las Vegas as of late where rents are increasing in poor and middle-class neighborhoods, where in contrast they are consistently lowering in more affluent areas, with several factors contributing to this developing issue. Las Vegas-area realtor
- [West Henderson is a "Hot" and “Up and Coming” Area, According to Real Estate Experts](https://www.shelterrealty.com/2023/07/21/west-henderson-is-a-hot-and-up-and-coming-area-according-to-real-estate-experts/) - LAS VEGAS, NV – At a recent meeting of NAIOP Southern Nevada’s Henderson Commercial Real Estate panel, a great deal of talk was dedicated to what many of its members were referring to as an “up and coming area” in terms of hot real estate: West Henderson, which many of the meeting’s attendees were saying is currently
- [Incredibly Unique Pirate-Themed Home Hits Las Vegas Market for $350k](https://www.shelterrealty.com/2023/07/19/incredibly-unique-pirate-themed-home-hits-las-vegas-market-for-350k/) - LAS VEGAS, NV – An incredibly unique new home has hit the Las Vegas real estate market whose eye-catching pirate theme should nonetheless catch the attention of the desert city’s landlocked landlubbers, boasting an affordable price that ensures it will most likely not remain up for grabs for any great length of time. The home,
- [Henderson Mansion Listed for $4.8 Million, Comes with Free Ferrari, Estimated Worth $100,000+](https://www.shelterrealty.com/2023/07/17/henderson-mansion-listed-for-4-8-million-comes-with-free-ferrari/) - LAS VEGAS, NV – What's the point in buying yourself a swanky new mansion in a high-end Las Vegas neighborhood if you don't have a fancy sports car to park in front of it? That's the marketing approach that one seller is taking, offering a free Ferrari along with the $4.8 million Henderson mansion he’s
- [Fraud Alert: Rising Trend of Scam Artists Selling Other People’s Homes Behind Backs](https://www.shelterrealty.com/2023/07/14/fraud-alert-rising-trend-of-scam-artists-selling-other-peoples-homes-behind-backs/) - LAS VEGAS, NV – Las Vegas residents are being cautioned about a new trend that is sweeping across the nation involving brazen scammers clandestinely attempting to sell other people’s real estate right out from underneath them without their knowledge, a move that can obviously be extremely disorienting and distressing to the victims involved. One recent
- [New Mixed-Use Development Combining Retail and Housing Proposed in North Las Vegas](https://www.shelterrealty.com/2023/07/12/new-mixed-use-development-combining-retail-and-housing-proposed-in-north-las-vegas/) - LAS VEGAS, NV – A new mixed-use development comprised of retail shopping and a residential housing complex has been proposed at a 73-acre location in North Las Vegas that had previously the homes to two well-known casinos that have since been shuttered. Agora Realty and Management has entered a proposal with the North Las Vegas
- [Henderson Mansion Sells for $20.5 Million after Previously Changing Hands in 2021 for $14.69 Million](https://www.shelterrealty.com/2023/07/10/henderson-mansion-sells-for-20-5-million-after-previously-changing-hands-in-2021-for-14-69-million/) - LAS VEGAS, NV – A mansion located in Henderson’s Ascaya neighborhood – a private luxury community overlooking Las Vegas – has sold for $20.5 million after having previously changed hands back in June of 2021 for $14.69 million, illustrating the high level of price appreciation in southern Nevada’s luxury home market in recent years. The
- [Las Vegas Currently Has Lowest Number of New Home Listings Year-Over-Year Nationwide](https://www.shelterrealty.com/2023/07/07/las-vegas-currently-has-lowest-number-of-new-home-listings-year-over-year-nationwide/) - LAS VEGAS, NV – According to a new report by online real estate brokerage Redfin, in June 2023 Las Vegas’ real estate marketplace experienced the largest year-over-year decline in the number of new home listings when compared to the rest of the nationwide market. Las Vegas came in first out of the 50 biggest United States
- [Las Vegas Among 2023’s Top 3 Destinations that Families are Relocating To, Report Says](https://www.shelterrealty.com/2023/07/03/las-vegas-among-2023s-top-3-destinations-that-families-are-relocating-to-report-says/) - LAS VEGAS, NV – According to a new report released by national property broker Redfin, Las Vegas, Nevada is currently among the top three destinations for family relocations in 2023 so far. The report notes that currently, a record number of metro-based homebuyers – 25.4 percent, to be exact – across the country are looking
- [Advisory: Using a Handyman Instead of a Licensed Contractor Can Seriously Cost Nevada Landlords ](https://www.shelterrealty.com/2023/07/01/advisory-using-a-handyman-instead-of-a-licensed-contractor-can-seriously-cost-nevada-landlords/) - LAS VEGAS, NV - Being a landlord of a rental property typically comes with many responsibilities, and one of the major ones is dealing with regular upkeep, maintenance, and repairs that will inevitably be required as a result of not only normal wear and tear, but tenant negligence, acts of nature, or a variety of other factors. Issues
- [Nevada Law Preventing Landlords from Charging Tenants to Perform Repairs Takes Effect July 1](https://www.shelterrealty.com/2023/06/30/nevada-law-preventing-landlords-from-charging-tenants-to-perform-repairs-takes-effect-july-1/) - LAS VEGAS, NV – Out of the record-breaking 75 bills that were vetoed by Nevada Governor Joe Lombardo in June that pertained to housing in the state, the lone piece of legislation that he signed into law at that time – SB 381, which prevents landlords from charging tenants certain fees to perform repairs –
- [Real Estate Developer Attempting to Raise $310 Million for Las Vegas Spaceport](https://www.shelterrealty.com/2023/06/28/real-estate-developer-attempting-to-raise-310-million-for-las-vegas-spaceport/) - LAS VEGAS, NV – Las Vegas commercial real estate developer Rob Lauer on Tuesday reportedly began attempting to gather investors to put up $310 million to construct a private spaceport in Clark County. If his endeavor is successful, Lauer plans to use the investment capital to form a publicly-traded company that would build the Las Vegas
- [$380 Million in Public Funds Approved by Nevada Legislature for A’s New Las Vegas Stadium](https://www.shelterrealty.com/2023/06/23/380-million-in-public-funds-approved-by-nevada-legislature-for-as-new-las-vegas-stadium/) - LAS VEGAS, NV – The planned move of the Oakland Athletics to Southern Nevada took one more step to reality as the Nevada state legislature approved on Wednesday the expenditure of up to $380 million in public funds for the construction of the Major League Baseball team’s proposed new stadium on the Las Vegas Strip. Senate Bill
- [Las Vegas Developers Working to Meet Increased Demand for Luxury Apartments](https://www.shelterrealty.com/2023/06/21/las-vegas-developers-working-to-meet-increased-demand-for-luxury-apartments/) - LAS VEGAS, NV – Las Vegas has always been associated with a degree of opulence, and apparently that's never been truer than it is now as developers have been working overtime to meet the recent increased demand for luxury apartments within the city. Tim Deters, president of Tru Development, said that the recent boom in demand for
- [Nevada Lawmakers Advance Bill to Potentially Close Real Estate Tax Loophole](https://www.shelterrealty.com/2023/06/07/nevada-lawmakers-advance-bill-to-potentially-close-real-estate-tax-loophole/) - LAS VEGAS, NV – A loophole in Nevada’s tax laws governing real estate that has been typically and regularly utilized over the years by owners of large properties – such as casinos, hotels, and tourist resorts – is edging closer to being closed as state lawmakers recently voted to move a new bill out of committee on
- [Las Vegas Home Featuring “Little Italy” Street Design Sells for Nearly $6 Million](https://www.shelterrealty.com/2023/06/05/las-vegas-home-featuring-little-italy-street-design-sells-for-nearly-6-million/) - LAS VEGAS, NV – A strikingly unique mansion on sale in the gated Las Vegas community known as The Ridges in Summerlin that features a cobblestone Italian street complete with faux storefronts has sold for nearly $6 million. Dubbed “Little Italy” and located at 15 Bright Hollow Court in The Ridges’ affluent gated Azure community, the home was
- [Construction of Athletics’ New Las Vegas Stadium Will Create 5,000 “Good-Paying” Jobs, Union Says](https://www.shelterrealty.com/2023/05/31/construction-of-athletics-new-las-vegas-stadium-will-create-5000-good-paying-jobs-union-says/) - LAS VEGAS, NV – Following a committee hearing on Monday for a bill for the proposed Las Vegas ballpark stadium of the Athletics – which recently announced they would be transplanting themselves from California to Nevada – the Southern Nevada Building Trades Union (SNBTU) has publicly shown their support for the project, saying that the
- [Growing Las Vegas Asian and Polynesian Population Having Big Impact on Real Estate, Experts Say](https://www.shelterrealty.com/2023/05/29/growing-las-vegas-asian-and-polynesian-population-having-big-impact-on-real-estate-experts-say/) - LAS VEGAS, NV – Currently, Asians and Polynesians are making up some of the fastest growing ethnic groups in Las Vegas, and according to experts they are starting to make a serious impact on the Southern Nevada real estate market. With May representing Asian American and Pacific Islander Heritage Month, realtor Shane Nguyen – who
- [Singer Celine Dion Sells Las Vegas Mansion for a Whopping $30 Million](https://www.shelterrealty.com/2023/05/26/singer-celine-dion-sells-las-vegas-mansion-for-a-whopping-30-million/) - LAS VEGAS, NV – Celine Dion has sold her luxurious Las Vegas mansion, located in the affluent Summit Club community, in an off-market deal that netted the world-famous best-selling singer a whopping $30 million. While the mansion in question has been confirmed to have been owned by Dion, it is currently unknown if the singer behind
- [Henderson Master-Planned Community Names Streets After Pokémon Characters](https://www.shelterrealty.com/2023/05/24/henderson-master-planned-community-names-streets-after-pokemon-characters/) - LAS VEGAS, NV – The developer of a new master-planned community in Las Vegas evidently wants to “catch ‘em all,” as new residents are noticing that the streets in the neighborhood are named after characters from the popular Pokémon series of video games and cartoon television shows. Serenity Place, an upscale community in Henderson, surprisingly has streets
- [Firm Selected to Sell Five Downtown Las Vegas Properties Owned by Late Tony Hsieh’s Estate](https://www.shelterrealty.com/2023/05/22/firm-selected-to-sell-five-downtown-las-vegas-properties-owned-by-late-tony-hsiehs-estate/) - LAS VEGAS, NV – A real estate brokerage firm, Logic Commercial Real Estate, has been selected to sell five downtown Las Vegas properties that are owned by the estate of late Zappos CEO Tony Hsieh. The five properties that the firm will be attempting to find buyers for include The Downtowner boutique hotel; the John
- [Oakland Athletics Ditch Previous Las Vegas Ballpark Deal, Sign New Agreement for Tropicana Site](https://www.shelterrealty.com/2023/05/18/oakland-athletics-ditch-previous-las-vegas-ballpark-deal-sign-new-agreement-for-tropicana-site/) - LAS VEGAS, NV – After initially announcing a deal in late April to purchase property off of the Las Vegas Strip in order to construct a $1.5 billion ballpark, the Oakland Athletics MLB team – who are following the NFL Raiders in uprooting and transplanting themselves from California to Nevada – reversed themselves this week and announced they have
- [Henderson Mansion Under Contract for $75 Million, Could Set Record for Luxury Sale](https://www.shelterrealty.com/2023/05/12/henderson-mansion-under-contract-for-75-million-could-set-record-for-luxury-sale/) - LAS VEGAS, NV – In a state known for pricey luxury real estate purchases, a Henderson mansion that is currently under contract could eclipse them all if the sale goes through, considering the property’s whopping $75 million asking price. Located within the MacDonald Highlands – a series of affluent residential neighborhoods in Henderson – a lavish
- [Nevada Lawmakers Propose New Limit to Purchasing Power of Corporate Housing Investors](https://www.shelterrealty.com/2023/05/10/nevada-lawmakers-propose-new-limit-to-purchasing-power-of-corporate-housing-investors/) - LAS VEGAS, NV – Nevada lawmakers are working on new legislation that, if passed, would track and ultimately limit the purchasing power of corporate investors within the state’s strained housing market, with the proposal passing with bipartisan support out of a Senate committee last week. Senate Bill 395 would authorize the Secretary of State's office to establish
- [Vegas' Bizarre "Underground House" On the Market for $18M](https://www.shelterrealty.com/2019/02/06/las-vegas-bizarre-underground-house-on-the-market-for-18-million/) - LAS VEGAS, NV - Las Vegas is home to a great many eye-catching structures and oddities, but one of the most remarkable of them isn’t eye catching at all... mainly because it’s located 26 feet underground. The infamous “Underground House,” originally constructed by Avon founder and subterranean living enthusiast Jerry Henderson in 1979, has been
- [Infamous “Underground House” of Las Vegas Still on Market for $18 Million](https://www.shelterrealty.com/2020/05/26/infamous-underground-house-of-las-vegas-still-on-market-for-18-million/) - LAS VEGAS, NV - The infamous “Underground House” of Las Vegas, a “doomsday bunker” built in 1978 by Avon cosmetics executive and subterranean living enthusiast Jerry Henderson, made headlines last year when it was put on the market. The one-of-a-kind dwelling, located 26 feet under the soil of Southern Nevada, is still on the market
- [New Penske Report Indicates Las Vegas Is Second-Highest Ranked Location in U.S. to Move To](https://www.shelterrealty.com/2023/05/05/new-report-indicates-las-vegas-is-second-highest-ranked-location-in-u-s-to-move-to/) - LAS VEGAS, NV – A new report released by a national moving company indicates that Las Vegas, Nevada currently ranks as the second-highest location in the United States that both people and businesses are moving to. In its 13th annual top moving destinations list, Penske Truck Rental noted that – for the second year running – Las
- [Housing Market in Las Vegas Currently “Flat,” - A Good Thing, Experts Say](https://www.shelterrealty.com/2023/05/03/housing-market-in-las-vegas-currently-flat-which-is-a-good-thing-experts-say/) - LAS VEGAS, NV – While the housing market in the United States is currently experiencing a slight uptick, the scene in Las Vegas is being described as "flat,” bucking the current trend for the rest of the country. However, according to experts, the situation in Southern Nevada may actually be considered a positive development overall for a
- [Former Las Vegas Home of Famed Magician David Copperfield Anticipated to Close for Over $5 Million](https://www.shelterrealty.com/2023/05/01/former-las-vegas-home-of-famed-magician-david-copperfield-anticipated-to-close-for-over-5-million/) - LAS VEGAS, NV – The former Las Vegas home of famed magician David Copperfield – situated on “Billionaires Row,” known for its many high-priced mansions owned by celebrities and business magnets – was listed in February for $5.25 million and was quickly bought, with reports indicating the hot property will close within the coming days
- [Why Buy A Mansion When You Can Rent One -  Henderson Megamansion Available For $100,000 A Month?](https://www.shelterrealty.com/2023/04/28/why-buy-a-mansion-when-you-can-rent-one-henderson-megamansion-available-for-100000-a-month/) - HENDERSON, NV - One of the most appealing parts of living or spending time in Las Vegas is the feeling of luxury. While some permanent residents opt to purchase large homes in the area, rental properties can also pack the same iconic Las Vegas glitz and glam. For instance, just outside of Las Vegas sits
- [Will Relocation of Oakland Athletics to Las Vegas Impact Surrounding Real Estate?](https://www.shelterrealty.com/2023/04/27/will-relocation-of-oakland-athletics-to-las-vegas-impact-surrounding-real-estate/) - LAS VEGAS, NV - With baseball season in full swing, we have already seen several interesting storylines. However, the one that has generated the most buzz doesn’t have much to do with the game itself. Instead, it has to do with the relocation of the Oakland Athletics to Las Vegas. In a move that shocked
- [Las Vegas F1 Paddock Facility Site Reaches Major Construction Milestone 7 Months Before First Race](https://www.shelterrealty.com/2023/04/21/las-vegas-f1-paddock-facility-site-reaches-major-construction-milestone-7-months-before-first-race/) - LAS VEGAS, NV – Construction crews recently reached a major milestone on the development of the F1 Paddock Facility site located off of the Las Vegas Strip in anticipation of the organization's first race in the city in decades, slated to take place in just seven months. The 400 workers at the site held a topping out
- [Native American Tribe Purchases Boarded-Up Las Vegas Strip Motel with Plans to Demolish](https://www.shelterrealty.com/2023/04/19/native-american-tribe-purchases-boarded-up-las-vegas-strip-motel-with-plans-to-demolish/) - LAS VEGAS, NV – A boarded-up, abandoned motel on the famed Las Vegas Strip that has been home to vagrants, feral cats, and vandalism for a number of years has been purchased by a Native American tribe with plans to demolish the structure and subsequently repurpose the property. According to property records, the Three Affiliated Tribes of
- [Las Vegas Experiences Huge Increase in Millennial Homeownership, Second-Largest Jump in Nation](https://www.shelterrealty.com/2023/04/17/las-vegas-experiences-huge-increase-in-millennial-homeownership-second-largest-jump-in-nation/) - LAS VEGAS, NV – A new report indicates that Millennials – individuals born between 1981 and 1996 – have experienced a huge increase in homeownership – as opposed to renting – showing a large spike in 2022 and a 64 percent jump overall within the past five years. Las Vegas in particular is considered one of
- [Nevada State Lawmakers Considering Legislation That Would Cap Rental Increases](https://www.shelterrealty.com/2023/04/14/nevada-state-lawmakers-considering-legislation-that-would-cap-rental-increases/) - LAS VEGAS, NV – Members of the Nevada state legislature are currently mulling over legislation that, if passed, would institute a ceiling on the amount that landlords could increase the rent of their tenants, with the cap tied to the local cost of living index for the rental unit’s surrounding area, a number that would be determined
- [Clark County Votes to Update “Unconstitutional” and “Vague” Short-Term Rental Ordinance](https://www.shelterrealty.com/2023/04/12/clark-county-votes-to-update-unconstitutional-and-vague-short-term-rental-ordinance/) - LAS VEGAS, NV – Officials in Clark County Nevada unanimously voted Tuesday to amend their ordinances governing short-term rentals within its jurisdiction in order to update regulations that a judge had previously ruled to be unconstitutional. Previously, a lawsuit filed by the Greater Las Vegas Short-Term Rental Association (GLVSTRA) had resulted in a preliminary injunction being imposed
- [Why Hiring The Right Las Vegas Property Management Company Matters](https://www.shelterrealty.com/2017/09/23/why-hiring-the-right-las-vegas-property-management-company-matters/) - I recently sold a home in the Northwest part of Las Vegas for a former real estate investor.
- [Las Vegas Home Prices Remain Stable in 2023 So Far, New Report Says](https://www.shelterrealty.com/2023/04/10/las-vegas-home-prices-remain-stable-in-2023-so-far-new-report-says/) - LAS VEGAS, NV – In contrast to its recent history as a housing market that experiences numerous highs and lows in terms of pricing, a new report by Las Vegas Realtors indicates that Las Vegas’ marketplace has remained relatively stable so far in 2023. According to their report, Las Vegas Realtors noted that the median
- [Clark County Holds Lottery to Rank Applicants for Short-Term Rentals](https://www.shelterrealty.com/2023/04/05/clark-county-holds-lottery-to-rank-applicants-for-short-term-rentals/) - LAS VEGAS, NV – Last week, Clark County held a lottery to rank applicants for potential licenses to operate short term rentals via services such as Airbnb and Vrbo, although a group representing rental operators criticized the drawing, calling it unnecessary and confusing. Greater Las Vegas Short-Term Rental Association (GLVSTRA) President Jacqueline Flores complained about the lottery,
- [Real Estate Experts Note a Specific Week in April is the Best Time of the Year to Sell Your Home](https://www.shelterrealty.com/2023/04/03/real-estate-experts-note-a-specific-week-in-april-is-the-best-time-of-the-year-to-sell-your-home/) - LAS VEGAS, NV – When it comes to selling your home, owners are naturally looking to get the very best price they can in return for their pricey investment. And while spring is considered by many the best time of the year to list your property, real estate experts are noting that one specific week
- [Elon Musk’s Boring Company Proposes to Increase Size of Las Vegas Loop by 50 Percent - 65 Miles](https://www.shelterrealty.com/2023/03/31/elon-musks-boring-company-proposes-to-increase-size-of-las-vegas-loop-by-50-percent/) - LAS VEGAS, NV – Elon Musk's The Boring Company has announced their proposed plan to increase the size of their Las Vegas Loop – the underground transport system they constructed underneath the city – by approximately 50 percent, representing a grand total of 65 miles. This is provided that local officials approve the plan, which seems
- [Clark County to Change Some Short-Term Rental Rules While Owners Appeal to State Supreme Court](https://www.shelterrealty.com/2023/03/29/clark-county-to-change-some-short-term-rental-rules-while-owners-appeal-to-state-supreme-court/) - LAS VEGAS, NV – Despite the fact that Clark County officials have recently stated they plan to make changes to some of the rules governing the short-term rental industry within their jurisdiction, that doesn't appear to be enough for the Greater Las Vegas Short-Term Rental Association (GLVSTRA), which has announced they want the Nevada Supreme Court
- [Las Vegas Officials Crack Down on Airbnb Parities During Spring Break, Police Conduct Random Spot Checks](https://www.shelterrealty.com/2023/03/27/las-vegas-officials-crack-down-on-airbnb-parities-during-spring-break-police-conduct-randon-spot-checks/) - LAS VEGAS, NV – In an effort to crack down on potentially disruptive and loud partying during spring break season, Las Vegas police have been conducting unannounced and random spot checks on short term rental properties to ensure that occupants are adhering to local laws and ordinances and not creating a disturbance for their neighbors.
- [Ground Broken on Cartier Industrial Project in North Las Vegas; Will Help Serve Need For Industrial Space](https://www.shelterrealty.com/2023/03/24/ground-broken-on-cartier-industrial-project-in-north-las-vegas/) - LAS VEGAS, NV – Ground was recently broken on Cartier Industrial, a new industrial space located on a 4.28-acre plot of land in North Las Vegas, after successful completion of grading of the property which was achieved in late January of this year. The project – located on the northwest corner of North Lamb Boulevard and
- [Construction of “Dream Las Vegas” Hotel-Casino Halts as Funding Temporarily Dries Up](https://www.shelterrealty.com/2023/03/22/construction-of-dream-las-vegas-hotel-casino-halts-as-funding-temporarily-dries-up/) - LAS VEGAS, NV – Construction of the greatly anticipated Dream Las Vegas hotel-casino project has been “fully stopped” after developer Bill Shopoff revealed this week that his funding has temporarily dried up, leaving him owing approximately $25 million to $30 million for work on the resort. Despite the whopping debt he owes currently, Shopoff –
- [Lawmakers Propose New Legislation That Would Increase Property Taxes for Nevada Homeowners](https://www.shelterrealty.com/2023/03/21/lawmakers-propose-new-legislation-that-would-increase-property-taxes-for-nevada-homeowners/) - LAS VEGAS, NV – Lawmakers have proposed new legislation that, if passed, would result in higher property tax increases for Nevada homeowners. State Senator Dina Neal (D-North Las Vegas) has introduced Senate Bill 96, which proposes setting the floor at 3% for residential property tax increases, which she said would be a way to provide security
- [Las Vegas Raiders NFL Team Purchases Offices, Warehouse Adjacent to Allegiant Stadium](https://www.shelterrealty.com/2023/03/17/las-vegas-raiders-nfl-team-purchases-offices-warehouse-adjacent-to-allegiant-stadium/) - LAS VEGAS, NV – Expanding their footprint in Southern Nevada even further, the Las Vegas Raiders NFL team recently purchased an office and warehouse building across the street from their home of Allegiant Stadium, spending approximately $10.6 million according to property records. The Raiders had already been utilizing the 33,000 square-foot building in question – located at
- [Roy Horn’s “Jungle Palace” Las Vegas Mansion Sells Quickly for $3 Million](https://www.shelterrealty.com/2023/03/15/roy-horns-jungle-palace-las-vegas-mansion-sells-for-3-million/) - LAS VEGAS, NV – Despite having only just been listed on the market in early March, the Las Vegas-based “Jungle Palace” mansion of late entertainer Roy Horn – of “Siegfried and Roy” fame – has officially and quickly been sold for its impressive asking price of $3 million. The estate, located at 1639 Valley Drive, was home to Horn
- [New Report Indicates Southern Nevada Growing in Popularity with Floridians Leaving for Las Vegas](https://www.shelterrealty.com/2023/03/13/new-report-indicates-more-and-more-floridians-leaving-state-for-las-vegas/) - LAS VEGAS, NV – While Las Vegas has been seeing a great influx of new residents in recent years from neighboring states such as California who are looking to escape high taxes and exorbitant cost of living increases, a new report indicates that more and more individuals from a wholly unexpected state – Florida – are
- [Home Prices in Las Vegas Level Off in February Among Increase in Inventory; “Buyers Now In Better Position”](https://www.shelterrealty.com/2023/03/10/home-prices-in-las-vegas-level-off-in-february-among-increase-in-inventory-buyers-now-in-better-position/) - LAS VEGAS, NV – Per a new report released by an industry group, home prices in Las Vegas leveled off in February as the available inventory continues to grow, showing definitive signs that the housing market in Southern Nevada is starting to stabilize after several years of rapid growth. The median price for an existing single-family home
- [Top 2022 Vegas Luxury Home Purchases Led by $14.5M Mark Wahlberg Bungalow](https://www.shelterrealty.com/2023/03/08/top-2022-las-vegas-luxury-home-purchases-led-by-14-5m-mark-wahlberg-bungalow/) - LAS VEGAS, NV – 2022 continued the trend in Las Vegas of strong sales of luxury homes – a situation that has become common into 2023 with the top spot being held by the purchase of a $14.5 million bungalow by Hollywood A-list actor Mark Wahlberg, along with numerous other sales throughout the year. Despite rising mortgage
- [Mansion of Late Las Vegas Entertainer Roy Horn of Siegfried & Roy on Sale for $3 Million](https://www.shelterrealty.com/2023/03/06/mansion-of-late-las-vegas-entertainer-roy-horn-of-siegfried-roy-on-sale-for-3-million/) - LAS VEGAS, NV – The 8-acre estate of Roy Horn, one-half of the late famed entertainment duo Siegfried & Roy, has hit the Las Vegas marketplace for $3 million. The estate, located at 1639 Valley Drive and dubbed “Jungle Palace,” was home to Horn – who lived there with the tigers and lions that were part
- [“CSI: Crime Scene Investigation” TV Creator Anthony Zuiker Purchases $6 Million Las Vegas Estate](https://www.shelterrealty.com/2023/03/03/csi-crime-scene-investigation-tv-creator-anthony-zuiker-purchases-6-million-las-vegas-estate/) - LAS VEGAS, NV – Noted television writer, producer, and author Anthony Zuiker – best known as the creator of the hit television franchise CSI: Crime Scene Investigation – has purchased a lavish $6 million hillside estate in Las Vegas, located within the prestigious MacDonald Highlands in the popular Las Vegas suburb of Henderson. The Cliff House,
- [Judge Rules Aspects of Clark County Short-Term Rental Regulations Unconstitutional](https://www.shelterrealty.com/2023/03/01/judge-rules-aspects-of-clark-county-short-term-rental-regulations-unconstitutional/) - LAS VEGAS, NV – Following a lawsuit filed by the Greater Las Vegas Short-Term Rental Association (GLVSTRA), aspects of Clark County’s new regulations governing the local short-term rental industry have been ruled by a District Court judge as being unconstitutional. GLVSTRA’s lawsuit sought to temporarily block a law set into place in the form of a Nevada
- [“Roots Homes” Helps Las Vegas Residents Achieve Dream of Home Ownership](https://www.shelterrealty.com/2023/02/27/roots-homes-helps-las-vegas-residents-achieve-dream-of-home-ownership/) - LAS VEGAS, NV – Roots Homes is a Las Vegas-based startup that is helping residents of the city to achieve the dream of buying a home via a process known as “fractional homeownership,” Fractional ownership in real estate is when individuals own a percentage of a property and share usage rights. Fractional ownership splits
- [Bottled Blonde to Open Lavish $50 Million Nightclub on Las Vegas Strip In Fourth Quarter of 2024](https://www.shelterrealty.com/2023/02/24/bottled-blonde-to-open-lavish-50-million-nightclub-on-las-vegas-strip/) - LAS VEGAS, NV – The Las Vegas Strip will be getting a interesting new entertainment option soon, as The Bottled Blonde chain of pizzerias and beer gardens has announced they will be building a lavish $50 million nightclub upon the famed boulevard in the fourth quarter of 2024, the franchise’s first foray into Southern Nevada. The Bottled
- [Landlords Beware: Learn What Not To Do With Our Unfortunate Experience With Choice Home Warranty](https://www.shelterrealty.com/2020/08/07/landlords-beware-choice-home-warranty/) - LAS VEGAS, NV - Many landlords jump at the idea of spending around $550 for a home warranty that covers their property for repairs and replacement costs over a 12 month period. All that is required is an up front fee of usually $75 and the home warranty will send out a licensed contractor to
- [Las Vegas Landlords Dial Down Rent Hikes as Rental Market Stabilizes in 2023](https://www.shelterrealty.com/2023/02/17/las-vegas-landlords-dial-down-rent-hikes-as-rental-market-stabilizes-in-2023/) - LAS VEGAS, NV – After months and months of skyrocketing rent increases that drove very real affordability concerns, the rental market in Las Vegas has finally begun to show signs of stabilizing in a positive manner. While units are still being leased at a healthy rate in Vegas and landlords are still purchasing buildings and developers are
- [Home Prices in Las Vegas Holding Steady in 2023](https://www.shelterrealty.com/2023/02/15/home-prices-in-las-vegas-holding-steady-in-2023/) - LAS VEGAS, NV – After months of record-breaking increases, the red-hot housing market in Las Vegas began to slow down in late 2022, and according to newly-released figures, that trend is continuing into 2023, with home prices holding steady so far in the New Year. In January, the median sales price of previously owned single-family homes
- [Las Vegas Mansion Featuring Faux Italian Cobblestone Street on Market for $6.5 Million](https://www.shelterrealty.com/2023/02/14/las-vegas-mansion-featuring-faux-italian-cobblestone-street-on-market-for-6-5-million/) - LAS VEGAS, NV – If you’re looking for a unique residence in Las Vegas – a city already renowned for its eye-catching, one-of-a-kind homes and businesses – and you have the funds to spare, then you might want to look into a mansion on sale in the gated community known as The Ridges that features
- [California Companies Flock to Las Vegas Due to “Business Friendly” Tax Structure](https://www.shelterrealty.com/2023/02/08/california-companies-flock-to-las-vegas-due-to-business-friendly-tax-structure/) - LAS VEGAS, NV – Due to a desire to escape the overwhelmingly high taxes in their home state, reports indicate that scores of California companies have been flocking to Las Vegas in recent months due to Nevada’s far more “business friendly” tax structure. Among the top destinations in Nevada that these newly transplanted companies are heading
- [Talonvest, Metropolis Development Group Announce $12.2 Construction Loan for Las Vegas Storage Facility](https://www.shelterrealty.com/2023/02/07/talonvest-metropolis-development-group-announce-12-2-construction-loan-for-las-vegas-storage-facility/) - LAS VEGAS, NV – Talonvest Capital, Inc. and their client, Metropolis Development Group, have announced that they have successfully acquired a $12.2 million construction loan they will utilize in building a large, cutting-edge storage facility in Las Vegas, Nevada. Talonvest Capital, Inc. is a boutique real estate firm that, as per their website, provides “advisory services to
- [Report Indicates Hawaiians Moving to Las Vegas En Masse for More Affordable Lifestyles](https://www.shelterrealty.com/2023/01/30/report-indicates-hawaiians-moving-to-las-vegas-en-masse-for-more-affordable-lifestyles/) - LAS VEGAS, NV – Following long-standing reports that the residents of several neighboring states – in particular California – are moving to Las Vegas for its cheaper cost of living, a new development is seeing a large influx of Hawaiian residents now making their way to Sin City as well for more affordable lifestyles as well. Currently,
- [Formula 1 Headquarters Near Las Vegas Strip Officially Begins Construction on 300,000 Square-Foot Facility](https://www.shelterrealty.com/2023/01/20/formula-1-headquarters-near-las-vegas-strip-officially-begins-construction/) - LAS VEGAS, NV – Construction on new upcoming Formula 1 headquarters, located near the Las Vegas Strip, officially commenced this week in preparation for the organization's upcoming Grand Prix race this November, with the esteemed sporting event taking place in a new racetrack – which is currently in development as well – next door. Currently, building materials
- [Summerlin Home Located on Bellacre Community Golf Course Sells for Nearly $4 Million](https://www.shelterrealty.com/2023/01/18/summerlin-home-located-on-bellacre-community-golf-course-sells-for-nearly-4-million/) - LAS VEGAS, NV – A Summerlin home on a golf course located within the master-planned community of Bellacre – featuring a lavish custom kitchen that boasts a $50,000 French oven – recently sold on the open market for nearly $4 million. The home in question – which was purchased for $3.8 million – is located on
- [NFL Raiders Expands Las Vegas Footprint, Purchase Three Buildings for $56 Million](https://www.shelterrealty.com/2023/01/16/nfl-raiders-expands-las-vegas-footprint-purchase-three-buildings-for-56-million/) - LAS VEGAS, NV – Las Vegas Raiders owner Mark Davis recently purchased three industrial buildings – one of which being the unfinished practice facility of the WNBA Las Vegas Aces – for $56 million, increasing the NFL team’s foothold in Southern Nevada even further. Davis purchased the three buildings, which are situated next to the Raiders’ Henderson-based headquarters, from Matter
- [MSG Entertainment Considering Sale of Tao Restaurant Chain to Fund Las Vegas Sphere  Development](https://www.shelterrealty.com/2023/01/13/msg-entertainment-considering-sale-of-tao-restaurant-chain-to-fund-las-vegas-sphere-development/) - LAS VEGAS, NV – Madison Square Garden Entertainment (MSGE) is currently mulling over the possibility of selling their high-end Tao restaurant and nightclub chain in order to help fund the construction of their ongoing MSG Sphere entertainment venue in Las Vegas, as construction costs have continued spiraling ever-higher as the long-gestating project finally nears completion. MSGE has
- [HCA Healthcare Purchases Nearly 57 Acres on Las Vegas Boulevard for Potential New Medical Facility](https://www.shelterrealty.com/2023/01/11/hca-healthcare-purchases-nearly-57-acres-on-las-vegas-boulevard-for-potential-new-medical-facility/) - LAS VEGAS, NV – HCA Healthcare has purchased a nearly 57-acre plot of land along Las Vegas Boulevard from Station Casinos for approximately $62.3 million, fueling speculation that the hospital chain will be opening up a new medical facility along the Las Vegas Strip in the future. The sale of the property, located at the northwest corner
- [Clark County Begins Crackdown on Illegal Short-Term Rentals - Submit Application Before March 13 Deadline](https://www.shelterrealty.com/2023/01/09/clark-county-begins-serious-crackdown-on-illegal-short-term-rentals/) - LAS VEGAS, NV – Clark County has begun to seriously ramp up enforcement of its rules that forbid illegal short-term rentals within its boundaries according to the Greater Las Vegas Short-Term Rental Association (GLVSTRA), issuing significant financial punitive measures against over 200 violators thus far. GLVSTRA co-founder Luis Koorndyk noted that Clark County – between July 1
- [Year-in-Review: Top Las Vegas Real Estate Transactions of 2022; Market Again Becoming Red Hot](https://www.shelterrealty.com/2023/01/04/year-in-review-top-las-vegas-real-estate-transactions-of-2022/) - LAS VEGAS, NV – Las Vegas has been on the comeback trail in a variety of ways since the COVID-19 pandemic has subsided, and 2023 promises even bigger and brighter things to come. But it’s always important to learn from and reflect upon the past, and the top real estate transactions of 2022 prove that – despite
- [Get Ready to Slam-Dance In Las Vegas: New Punk Rock Museum to Open for 2023](https://www.shelterrealty.com/2022/12/30/get-ready-to-slam-dance-punk-rick-museum-to-open-in-las-vegas-for-2023/) - LAS VEGAS, NV – Summoning images of anti-authority, slam-dancing men and women in leather jackets sporting outrageous, multi-colored hairdos, The Punk Rock Museum is slated to mosh its way into Las Vegas with an anticipated opening date of March 2023, offering an experience to music fans like none ever seen before. Brought to life by a group
- [Fontainebleau Developer Acquires $2.2 Billion Loan to Complete Long-Stalled Resort Project](https://www.shelterrealty.com/2022/12/26/fontainebleau-developer-acquires-2-2-billion-loan-to-complete-long-stalled-resort/) - LAS VEGAS, NV – The developer of the Fontainebleau Hotel and Casino announced this week that they have acquired a $2.2 billion construction loan to finally complete the project following a protracted – and extremely bumpy – development history. The long-gestating Fontainebleau project – located on the northern part of the famed Las Vegas Strip and
- [MSG Sphere, Still in Development, Becomes Most-Expensive Las Vegas Entertainment Venue Ever at $2.17 Billion](https://www.shelterrealty.com/2022/12/23/msg-sphere-still-in-development-becomes-most-expensive-las-vegas-entertainment-venue-ever-at-2-17-billion/) - LAS VEGAS, NV – The MSG Sphere, the high-tech entertainment venue that has been under construction off of the famed Las Vegas Strip since its initial groundbreaking in September 2018, has encountered a series of financial overruns during its development saga that has caused it to exceed Allegiant Stadium as the city’s priciest entertainment venue ever.
- [Former Las Vegas Alpine Motel Apartments Rebuilt After Fire, Rechristened DLUX Lofts](https://www.shelterrealty.com/2022/12/21/former-las-vegas-alpine-motel-apartments-rebuilt-after-fire-rechristened-dlux-lofts/) - LAS VEGAS, NV – After a deadly fire three years ago that resulted in 6 dead, 13 injured, and dozens of families without a home, the former Alpine Motel Apartments has finally been rebuilt and rechristened as DLUX Lofts, with the new property owner pouring $3 million into the facility’s rehabilitation. DLUX Lofts isn’t merely a
- [Luxury Home in Waterfront Lake Las Vegas Community Up for Sale for $2,425,000](https://www.shelterrealty.com/2022/12/19/luxury-home-in-waterfront-lake-las-vegas-community-up-for-sale-for-2425000/) - LAS VEGAS, NV – A luxury home located in The Peaks, a gated subdivision of Henderson’s exclusive Lake Las Vegas community, has hit the open real estate market for the eye-opening sum of $2,425,000, and boasts a number of nigh-end amenities that should ensure that it’s for-sale status in indeed a short one. The main selling
- [2023 Groundbreaking Expected for High-Speed Railway from LA to Vegas; Could Remove “Millions” of Cars from I-15](https://www.shelterrealty.com/2022/12/16/2023-groundbreaking-expected-for-high-speed-railway-connecting-los-angeles-to-las-vegas-could-remove-millions-of-cars-from-i-15/) - LAS VEGAS, NV – The upcoming high-speed railway system between Las Vegas and Southern Los Angeles – which has been gestating for a number of years now, having been plagued by a series of delays – has finally seen some forward momentum, as reports indicate that developer Brightline West is now 'on-track' to officially break ground on
- [Apartment Complex Hits Las Vegas Market for Near $189 Million After Word of Coming Race Track](https://www.shelterrealty.com/2022/12/14/apartment-complex-hits-las-vegas-market-for-near-189-million-after-word-of-coming-race-track/) - LAS VEGAS, NV – The Harmon at 370, an apartment complex located near the famed Las Vegas Strip and adjacent to a large tract of vacant land that Formula One is currently developing into a new racetrack, has been listed for sale, with the property’s new landlord asking for the hefty sum of nearly $189 million.
- [AirBnb Introducing Strict Guidelines for Las Vegas New Year’s Eve Parties](https://www.shelterrealty.com/2022/12/12/airbnb-introducing-strict-guidelines-for-las-vegas-new-years-eve-parties/) - LAS VEGAS, NV – Around the world, few cities have the reputation that Las Vegas does when it comes to serving as a destination for extravagant New Year’s Eve festivities, and apparently AirBnb realizes this, as the well-known online short-term rental business has decided to impose a very strict series of rules for those looking
- [Station Casinos Announces $24 Million Sale of Plot of Land Adjacent to Las Vegas Durango](https://www.shelterrealty.com/2022/12/09/station-casinos-announces-24-million-sale-of-plot-of-land-adjacent-to-las-vegas-durango/) - LAS VEGAS, NV – Station Casinos, a hotel and casino company based in suburb of Summerlin South, has announced the nearly $24 million sale of a plot of land they had owned in Southwest Las Vegas that is adjacent to their currently in-development Durango Hotel and Casino resort. The plot of land sold consists of 21.3 acres
- [Las Vegas “UnCommons” Multi-Use Project Begins Apartment Construction Phase](https://www.shelterrealty.com/2022/12/07/las-vegas-uncommons-multi-use-project-begins-apartment-construction-phase/) - LAS VEGAS, NV – UnCommons – a large mixed-used facility currently under development in southwestern Las Vegas – has officially entered the apartment construction phase of its development – known as phase 2 – after having fully leased the office buildings that were erected during the first phase. Upon completion, UnCommons – located at Durango Drive and
- [Amid Real Estate Cooldown, Las Vegas Seller Gets Attention by Listing Home for Just $1](https://www.shelterrealty.com/2022/12/05/amid-real-estate-cooldown-las-vegas-seller-gets-attention-by-listing-home-for-just-1/) - LAS VEGAS, NV – As the real estate marketplace continues to experience a cooldown amid record national inflation, spiking interest rates on mortgages, and skyrocketing home prices, one crafty Las Vegas seller is getting attention for the bold move of listing their house with a starting price of just $1 in an effort to draw
- [Project Revived: Chilean Real Estate Mogul Set to Develop Resort on Las Vegas Strip](https://www.shelterrealty.com/2022/12/02/chilean-real-estate-mogul-set-to-develop-resort-on-las-vegas-strip/) - LAS VEGAS, NV – Claudio Fischer, a former commercial airline pilot turned real estate millionaire, is currently attempting to bring his goal of opening a resort on the famed Las Vegas Strip into reality after being forced to place the project on the back burner when the COVID-19 pandemic hit in 2020. Fischer is in the midst
- [Sale of Late Zappos CEO Tony Hsieh’s Las Vegas Apartment Deemed Fraudulent by Judge](https://www.shelterrealty.com/2022/11/30/sale-of-late-zappos-ceo-tony-hsiehs-las-vegas-apartment-deemed-fraudulent-by-judge/) - LAS VEGAS, NV – The sale of the former apartment complex of late entrepreneur and Zappos CEO Tony Hsieh has been deemed fraudulent by a Las Vegas judge since his estate never approved of the transaction, leaving the buyer in a state of limbo in regards to the rights to their purchase. Much of the Las Vegas
- [Las Vegas Luxury Home Purchased and Extensively Renovated on Market for Over $5 Million](https://www.shelterrealty.com/2022/11/28/las-vegas-luxury-home-purchased-and-extensively-renovated-on-market-for-over-5-million/) - LAS VEGAS, NV – A “fix and flip” luxury residence located on Boulderback Drive in Las Vegas that was purchased and extensively renovated has now been listed on the open market for a whopping $5.895 million. Shelly Kramarczuk, principal and owner of SK Design, first noted the home earlier in 2022, and after purchasing the single-story, four-bedroom,
- [Abandoned 1.1 Acre Las Vegas White Sands Motel Site Hits Auction for Discounted $1.5 million](https://www.shelterrealty.com/2022/11/23/long-abandoned-1-1-acre-las-vegas-white-sands-motel-site-hits-auction-for-discounted-1-5-million/) - LAS VEGAS, NV – The long-abandoned Las Vegas White Sands Motel site – with the pool empty, existing building boarded-up and encircled with barbed wire fencing, now home to a stray cat colony – has been listed on the local real estate marketplace for $1.5 million by the estate of late owner Spartaco Colleli, in the hopes
- [Short-Term Rental Owners Suing Clark County Say Their Property Rights Are Being Violated](https://www.shelterrealty.com/2022/11/21/short-term-rental-owners-suing-clark-county-say-their-property-rights-being-violated/) - LAS VEGAS, NV – An injunction hearing scheduled for this past Thursday regarding a lawsuit filed by a group of short-term rental owners that alleges that Clark County is violating their property rights has been delayed for December 19, further drawing out the legal process that had originally begun when the case was filed this past
- [Las Vegas-Based Luxury Modern Equestrian Farmhouse Listed for Nearly $2 Million](https://www.shelterrealty.com/2022/11/18/las-vegas-based-luxury-modern-equestrian-farmhouse-listed-for-nearly-2-million/) - LAS VEGAS, NV – An “outdated” equestrian property extensively transformed into an “organic luxury modern farmhouse” located in an out-of-the-way section of Las Vegas has been listed on the open real estate marketplace for nearly $2 million, according to reports. The residence, located at 7435 W. Richmar Avenue – situated in a “peaceful nook” under Exploration
- [Developer of Otonomus Las Vegas Apartment Complex Receive $85 Million Construction Loan](https://www.shelterrealty.com/2022/11/16/developer-of-otonomus-las-vegas-apartment-complex-receive-85-million-construction-loan/) - LAS VEGAS, NV – Growth Holdings, a Las Vegas-based holding company, has received a construction loan in the amount of $85 million towards the development of Otonomus Las Vegas, an apartment complex slated to be comprised of both residential and short-term rental units. Otonomus Las Vegas is planned to be completed and to begin welcoming tenants during
- [Mirage to Become First Las Vegas Strip Casino Operated by Native American Tribe](https://www.shelterrealty.com/2022/11/11/mirage-to-become-first-las-vegas-strip-casino-operated-by-native-american-tribe/) - LAS VEGAS, NV – The Mirage Las Vegas is slated to transfer operations next month from MGM Resorts International to Hard Rock, the gaming arm of the Seminole Tribe of Florida, marking the first time that a Native American tribe will run a resort casino on the famed Las Vegas Strip in its long history. The Seminole
- [October Median Home Prices in Las Vegas Drop Over 2% Month-Over-Month, New Report Says](https://www.shelterrealty.com/2022/11/09/october-median-home-prices-in-las-vegas-drop-over-2-percent-month-over-month-report-says/) - LAS VEGAS, NV – According to a newly-released report, the housing market in Las Vegas is continuing to show signs of cooling, with prices – although still relatively high – dropping from September to October amid slowed activity brought about by high inflation and mortgage rates. In October, the median price for an existing single-family home sold
- [Amid Real Estate Slowdown, Las Vegas Warehouse Market Continues to Surge](https://www.shelterrealty.com/2022/11/07/amid-real-estate-slowdown-las-vegas-warehouse-market-continues-to-surge/) - LAS VEGAS, NV – While real estate in Las Vegas – along with the entire country – has been facing a recent slowdown amid rampant inflation, high prices, and increasing mortgage rates, one aspect of the market has not only endured, but has actually continued to flourish- Southern Nevada’s warehouse market. In October, newly-built industrial park
- [Developer Seeks to Build Rental Properties in Historic Westside Las Vegas; Local Officials Say, “Sorely Needed”](https://www.shelterrealty.com/2022/11/02/developer-seeks-to-build-rental-properties-in-historic-westside-las-vegas/) - LAS VEGAS, NV – A local developer, who already has a new rental property in the works in downtown Las Vegas, is now eyeing constructing additional properties in a traditionally underserved section of the city – the Historic Westside – that would greatly benefit from the addition of new rental units amid great demand. Developer Sam Cherry
- [Multiple Las Vegas Strip Structures Set for Demolition and Implosion](https://www.shelterrealty.com/2022/11/01/multiple-las-vegas-strip-structures-set-for-demolition-and-implosion/) - LAS VEGAS, NV – Whenever Las Vegas does anything, the city does it big. And that includes when one of its iconic structures has outlives its usefulness and a very real need exists to cast it aside to that the land may be used for another purpose. Multiple buildings along the famed Las Vegas Strip
- [Apollo Global Management to Invest Over $1 Billion into Venetian Las Vegas Remodel](https://www.shelterrealty.com/2022/10/28/apollo-global-management-to-invest-over-1-billion-into-venetian-las-vegas-remodel/) - LAS VEGAS, NV – The Venetian Las Vegas is set to receive a major overhaul, as operator Apollo Global Management has announced their intention to invest a whopping $1 billion into a massive remodel of the hotel-casino, which will be one of the most extensive projects of its type on the Las Vegas Strip in quite
- [Clark County Officials Approve Houston Billionaire’s Proposed Las Vegas Strip Resort  Near Planet Hollywood](https://www.shelterrealty.com/2022/10/26/clark-county-officials-approve-houston-billionaires-proposed-las-vegas-strip-resort/) - LAS VEGAS, NV – Plans for a massive resort and casino on the famed Las Vegas Strip submitted by Houston, Texas-based billionaire businessman Tilman Fertitta have been approved by the Clark County Commission, paving the way for work on the luxury establishment to begin in the near future. Fertitta’s currently-unnamed resort is slated to be constructed
- [After Holding Steady, September Marks First Decrease in Las Vegas Sales of Luxury Homes](https://www.shelterrealty.com/2022/10/24/after-holding-steady-september-marks-decrease-in-las-vegas-sales-of-luxury-homes/) - LAS VEGAS, NV – After holding steady for months amid lowering home and condo prices due to the nation’s inflation and rising mortgage interest rates, prices of luxury homes in Las Vegas have finally begun to feel the sting as well, with September representing their first decrease in value since January 2021. However, experts are saying that
- [Ground Broken on $5 Billion Las Vegas-Based Helios Health and Wellness Campus by Salt Lake City Developer](https://www.shelterrealty.com/2022/10/21/ground-broken-on-5-billion-las-vegas-based-helios-health-and-wellness-campus/) - LAS VEGAS, NV – Ground has been officially broken on the Helios Health and Wellness campus in Las Vegas, a massive $5 billion project whose development is being headed up by Salt Lake City-based developer and general contractor Pacific Group. The Helios project, upon completion, will take the form of a mixed-use facility that will encompass
- [High-Tech, Sustainable, Energy-Efficient  Mansion Under Construction in Henderson](https://www.shelterrealty.com/2022/10/19/high-tech-sustainable-energy-efficient-mansion-under-construction-in-henderson/) - LAS VEGAS, NV – An Australian native is currently in the process of constructing a custom, high-tech, energy-efficient mansion in Las Vegas’ Henderson community by paying tribute to his experiences with the sustainable building methods widely utilized in the Land Down Under. Adelaide – named after the South Australian capital city – is the brainchild of Michael
- [Las Vegas Ranks #2 in United States in Lowest Office Vacancy Rates; “Rent Growth Should Continue”](https://www.shelterrealty.com/2022/10/17/las-vegas-office-ranks-no-2-in-united-states-in-lowest-office-vacancy-rates/) - LAS VEGAS, NV – Las Vegas is one of the most coveted marketplaces in terms of office space in the United States, as a new report currently ranks the city as number two in the country when it comes to the lowest amount of office vacancy. The City of Las Vegas is experiencing its lowest office vacancy
- [Las Vegas’ M Resort Adding $206 Million Second Tower, Increasing Size by 50 Percent](https://www.shelterrealty.com/2022/10/14/las-vegas-m-resort-adding-206-million-second-tower-increasing-size-by-50-percent/) - LAS VEGAS, NV – Las Vegas’ M Resort Spa Casino is currently in the process of adding a second tower to their property that will effectively double its size, with the cost of the new addition totaling in the amount of $206 million. M Resort Spa Casino is a boutique hotel, spa, and casino in Henderson, which
- [Following Three Months of Drops, Housing Prices in Las Vegas Hold Ground in September](https://www.shelterrealty.com/2022/10/12/following-three-months-of-drops-housing-prices-in-las-vegas-hold-ground/) - LAS VEGAS, NV – After dropping for three straight months in a row, prices of houses in Las Vegas held their ground in September, signaling that the market may be re-gaining a foothold and achieving a new measure of stability, experts say. As it was in August, the median price for a pre-existing one-family home in
- [Summerlin Mansion Featuring Indoor Shooting Range, Hidden Rooms, Goes on Market for Nearly $9 Million](https://www.shelterrealty.com/2022/10/10/summerlin-mansion-featuring-indoor-shooting-range-hidden-rooms-goes-on-market-for-nearly-9-million/) - LAS VEGAS, NV – A lavish mansion located in Summerlin’s Tournament Hills community has just gone on the market for nearly $9 million, featuring many unique amenities, not the least of which being an indoor shooting range. The $8.975 million, 21,835 square-foot residence is situated upon three-quarters of an acre of land, and boasts a mind-boggling
- [Las Vegas’ Once Skyrocketing Rents Now Beginning to Stabilize, In Some Cases Even Going Down Slightly](https://www.shelterrealty.com/2022/10/07/las-vegas-once-skyrocketing-rents-now-beginning-to-stabilize-experts-say/) - LAS VEGAS, NV – As Las Vegas’ real estate market begins to cool down overall amid rising mortgage rates and record inflation nationwide, the massive rent increases tenants have been seeing have started being walked back recently. While the average rent in Las Vegas in August was approximately $1,890 – representing an 8 percent jump
- [Northwest Valley Home Sells for $4.65 Million, Offers “Super Garage” for Car Collectors](https://www.shelterrealty.com/2022/10/05/northwest-valley-home-sells-for-4-65-million-offers-super-garage-for-car-collectors/) - LAS VEGAS, NV – A home recently sold in Las Vegas’ northwest valley for the impressive sum of $4.65 million, but what’s even more impressive about this residence than the price is the fact that it uniquely caters to automotive enthusiasts, including a “super garage” custom-built by the previous owner of the property. Mike Williams – the
- [Life Time Health Club Debuts New Luxury Apartment Complex Next to Their Henderson Gym](https://www.shelterrealty.com/2022/10/03/life-time-health-club-debuts-new-luxury-apartment-complex-next-to-their-henderson-gym/) - LAS VEGAS, NV – Members of Life Time Inc.’s health club in Las Vegas can now have a much shorter trip to get their pumps on if they choose, as the fitness company has opened a new luxury apartment complex next-door to their Henderson gym, with a focus on amenities and services that cater to a healthier
- [Red Rock Resorts Announces New Hotel-Casino Projects in Las Vegas, in Addition to Closures](https://www.shelterrealty.com/2022/09/30/red-rock-resorts-announces-new-hotel-casino-projects-in-las-vegas-in-addition-to-closures/) - LAS VEGAS, NV – Plans submitted by Station Casinos – whose parent company is Red Rock Resorts – to construct a new hotel-casino project were recently approved by the North Las Vegas Planning Commission, with the company scheduled next to go before the commission for a first reading and a vote in October. The Station Casinos
- [As Mortgage Rates Continue to Increase, Home Prices in Las Vegas Start to Drop](https://www.shelterrealty.com/2022/09/28/as-mortgage-rates-continue-to-increase-home-prices-in-las-vegas-start-to-drop/) - LAS VAGAS, NV – With mortgage rates going over 6 percent for the first time in 14 years – with the last instance of this occurring during the Great Recession of 2008 – prices of many homes on sale in the Las Vegas real estate market have begun to lower in response, experts say. The situation
- [New North Las Vegas Apartment Complex Celebrates Official Groundbreaking](https://www.shelterrealty.com/2022/09/26/new-north-las-vegas-apartment-complex-celebrates-official-groundbreaking/) - LAS VEGAS, NV – A new multi-family apartment complex in North Las Vegas celebrated its official groundbreaking ceremony last week, with both city officials and local civic leaders on-hand to help mark the occasion. The "North Park Living" development, located at 4100 Scott Robinson Boulevard near Alexander Road and MLK Boulevard, will offer a total of 380
- [Total Budget for Upcoming Las Vegas Convention Center Renovation Set at $620 Million](https://www.shelterrealty.com/2022/09/23/total-budget-for-upcoming-las-vegas-convention-center-renovation-set-at-620-million/) - LAS VEGAS, NV – The Las Vegas Convention Center is set to get a new coat of paint – and quite a bit more – when its upcoming two-year renovation project begins in just six months, and according to a presentation made to the Las Vegas Convention and Visitors Authority (LVCVA) board of directors this
- [Home Mortgage Interest Rates Reach 6 Percent, Highest Level Since 2008 Housing Crash](https://www.shelterrealty.com/2022/09/21/home-mortgage-interest-rates-reach-6-percent-highest-level-since-2008-housing-crash/) - LAS VEGAS, NV – As the Federal Reserve continues to raise interest rates in an attempt to curb the 40-year high inflation that has been holding Americans in its crushing financial grip, home mortgage interest rates have been correspondingly raising along with them, hitting 6 percent last Thursday for the first time since the housing market crash
- [Short-Term Rental Pre-Application Restrictions Causing Controversy for Clark County](https://www.shelterrealty.com/2022/09/19/short-term-rental-pre-application-restrictions-causing-controversy-for-clark-county/) - LAS VEGAS, NV – Clark County has courted controversy after releasing the pre-application process for procuring licenses for short-term rentals starting in spring of 2023, which include restrictions that have many applicants crying foul over their purportedly restrictive nature. Once the license pre-application period was officially opened to the public – both via the Clark County
- [Las Vegas Raiders Purchase Property Across Street from Allegiant Stadium for Over $16 Million](https://www.shelterrealty.com/2022/09/16/las-vegas-raiders-purchase-property-across-street-from-allegiant-stadium-for-over-16-million/) - LAS VEGAS, NV – Although the reasoning and purpose for doing so as of press time is still unclear, the Las Vegas Raiders ownership have purchased a vacant property located directly across the street from their home – Allegiant Stadium – for $16.56 million, with records indicating that the sale officially closed earlier in September. The
- [Prices of Homes in Las Vegas Continue Decline for Third Consecutive Month](https://www.shelterrealty.com/2022/09/12/prices-of-homes-in-las-vegas-continue-decline-for-third-consecutive-month/) - LAS VEGAS, NV – The housing market in Las Vegas, once completely on-fire and breaking records left and right, has now just experienced yet another month of cooling as prices of homes have continued to drop for the third month in a row. In August, the median sales price of previously owned single-family homes – which
- [In Order To Meet Housing Demand, Vegas To Debut Charter High School Focused On Construction](https://www.shelterrealty.com/2022/09/09/in-order-to-meet-housing-demand-vegas-to-debut-charter-high-school-focused-on-construction/) - LAS VEGAS, NV – In order to assist with the demand for housing options in Las Vegas, a new charter high school is being established that will focus on developing the construction-related skills of its student body, helping to churn out the next generation that will enable Southern Nevada to continue to grow. A state board
- [Rents in Las Vegas Expected to Remain at High Levels for Time Being, Report Says](https://www.shelterrealty.com/2022/09/07/rents-in-las-vegas-expected-to-remain-at-high-levels-for-time-being-report-says/) - LAS VEGAS, NV – The high rents that many Las Vegas residents have been struggling with recently are expected to remain at their current levels for the time being, according to a new report. The one-two punch combination of 40-year high levels of national inflation and increased interest rates brought about by the Federal Reserve’s several
- [Basketball Legend Shaquille O'Neal Decides Against Selling Southeast Las Vegas Estate](https://www.shelterrealty.com/2022/09/05/basketball-legend-shaquille-oneal-decides-against-selling-las-vegas-estate/) - LAS VEGAS, NV – In what was perhaps a case of seller’s remorse, legendary professional basketball player, actor, and current sports analyst on TNT’s Inside the NBA Shaquille O’Neal has decided to pull his private 1-acre estate in the southeast Las Vegas valley from the open marketplace, a mere two weeks after he first listed it for
- [NBA Legend Shaquille O’Neal Reportedly Purchases Estate in Las Vegas for $2 Million](https://www.shelterrealty.com/2021/07/26/nba-legend-shaquille-oneal-reportedly-purchases-estate-in-las-vegas-for-2-million/) - LAS VEGAS, NV - Shaquille O'Neal, legendary professional basketball player, actor, and current sports analyst on TNT’s Inside the NBA has purchased a private 1-acre estate in the southeast valley for nearly $2 million, right after previously having sold the Southern Highlands residence he had bought prior to the COVID-19 pandemic. O'Neal, regarded as one of
- [Cast from “Australia's Thunder from Down Under” to Star in Las Vegas “Flip the Strip” Real Estate TV Show](https://www.shelterrealty.com/2022/09/02/cast-from-australias-thunder-from-down-under-to-star-in-las-vegas-flip-the-strip-real-estate-tv-show/) - LAS VEGAS, NV – The muscle-bound stars of “Australia's Thunder from Down Under” – an Australian male revue who perform in Las Vegas and tour internationally – are set to star in a new HGTV/Discovery+ cable television series entitled “Flip the Strip,” where they go to various Vegas-based real estate properties to help renovate and/or build them
- [Las Vegas Short-Term Rental Owners Suing Clark County, State Over “Unconstitutional” Laws, Ordinances](https://www.shelterrealty.com/2022/08/31/las-vegas-short-term-rental-owners-suing-clark-county-state-over-unconstitutional-laws-ordnances/) - LAS VEGAS, NV – The Greater Las Vegas Short-Term Rental Association (GLVSTRA) filed a lawsuit earlier this month against both Clark County and the state of Nevada on behalf of property owners looking to offer their homes for rent via services such as Airbnb and Vrbo, alleging that laws and ordinances passed to regulate the industry are
- [Hollywood Actor Mark Wahlberg Snapping Up Las Vegas Real Estate in The Summit Club; His Second Pricey Purchase](https://www.shelterrealty.com/2022/08/29/hollywood-actor-mark-wahlberg-snapping-up-las-vegas-real-estate-in-the-summit-club/) - LAS VEGAS, NV – Hollywood actor Mark Wahlberg, known for starring in a slew of blockbuster movies such as “Transformers,” “Boogie Nights,” and “Pain and Gain,” is currently snapping up real estate in Las Vegas, having just completed his second pricey and high-profile purchase in two months. In July, Wahlberg had bought a 2.5 acre plot of
- [Home of Las Vegas Entertainers Siegfried and Roy to Be Demolished, Turned into Apartment Complex](https://www.shelterrealty.com/2022/08/26/home-of-las-vegas-entertainers-siegfried-and-roy-to-be-demolished-turned-into-apartment-complex/) - LAS VEGAS, NV – The former home of legendary Las Vegas performers Siegfried & Roy is set to be demolished and replaced with an apartment complex, as voted upon by the City Council last Wednesday. Las Vegas City Council voted 5-1 to build a 334-unit apartment complex on the 12 acres comprising the former estate –
- [Home in Summerlin’s 'The Ridges' Community is July’s Top Las Vegas Sale at $8 Million](https://www.shelterrealty.com/2022/08/24/home-in-summerlins-the-ridges-community-is-julys-top-las-vegas-sale-at-8-million/) - LAS VEGAS, NV – A swanky home located in Summerlin’s high-end The Ridges master-planned community was Las Vegas’ top-priced sale in July, fetching a cool $8 million. This goes a long way to proving that while the housing market in Southern Nevada is experiencing an overall slowdown – much like the rest of the country –
- [New Changes to Short-Term Rental Rules Voted Into Effect by Las Vegas City Council](https://www.shelterrealty.com/2022/08/22/new-changes-to-short-term-rental-rules-voted-into-effect-by-las-vegas-city-council/) - LAS VEGAS, NV – Due to a law that just recently came into effect making short-term rentals legal throughout state of Nevada, the Las Vegas City Council voted last Wednesday to adopt changes to their own already-existing rules governing the industry in their jurisdiction in order to properly conform to the new statewide guidelines. Renting homes via
- [Blackstone’s Sale of Las Vegas Cosmopolitan is Company’s “Most Profitable” Sale Ever](https://www.shelterrealty.com/2022/08/19/blackstones-sale-of-las-vegas-cosmopolitan-is-companys-most-profitable-sale-ever/) - LAS VEGAS, NV – Blackstone Inc., a private equity firm based in New York City, confirmed in an earnings report released last Thursday that their sale of The Cosmopolitan of Las Vegas for $5.65 billion – originally announced in September 2021 – was their “most profitable single asset sale ever” in terms of the company’s real estate
- [Las Vegas Apartment Complex Holds Ribbon-Cutting Ceremony After Previously Burning Down Mid-Construction](https://www.shelterrealty.com/2022/08/17/las-vegas-apartment-complex-holds-ribbon-cutting-ceremony-after-previously-burning-down-mid-construction/) - LAS VEGAS, NV – A new Las Vegas Valley apartment complex finally held its ribbon-cutting ceremony last week after previously burning down while in the middle of its construction phase a year-and-a-half ago, necessitating its developer to essentially begin the project once again from scratch. Ely at Fort Apache originally caught fire just before midnight January 18,
- [Las Vegas Home Prices Drop for Second Consecutive Month After Record-Setting Year of Gains](https://www.shelterrealty.com/2022/08/15/las-vegas-home-prices-drop-for-second-consecutive-month-after-record-setting-year-of-gains/) - LAS VEGAS, NV – Due to rising interest rates on home loans marking the end of cheap borrowed money – combined with national inflation currently at a 40-year high – home prices in Las Vegas have actually dropped for the second consecutive month in a row after over a year of consistent, record-setting monthly gains, leading experts
- [Las Vegas High-Rise Condominium Market Shows Signs of Slowing After Massive Growth](https://www.shelterrealty.com/2022/08/12/las-vegas-high-rise-condominium-market-shows-signs-of-slowing-after-massive-growth/) - LAS VEGAS, NV – The market for high-rise condominiums in Las Vegas has finally begun to slow after enjoying a period of red-hot activity, reflecting the rest of the cooling real estate scene in Southern Nevada due to rampant national inflation and rising mortgage rates. While many are anticipating some degree of improvement with the announcement earlier
- [Housing Market in Las Vegas Stands to Improve as Mortgage Rates Fall Below 5 Percent](https://www.shelterrealty.com/2022/08/10/housing-market-in-las-vegas-stands-to-improve-as-mortgage-rates-fall-below-5-percent/) - LAS VEGAS, NV – While the ongoing inflation crisis in the United States, coupled with rapidly-rising interest rates on mortgages, have resulted in the once white-hot housing market significantly cooling in recent months, a ray of sunshine has poked through the clouds as home loan interest rates dropped below 5 percent for the first time in
- [North Las Vegas City Council Members Vote 4-1 to Remove Rent Control Measure from November Ballot](https://www.shelterrealty.com/2022/08/08/north-las-vegas-city-council-members-vote-4-1-to-remove-rent-control-measure-from-november-ballot/) - LAS VEGAS, NV – Upholding the decision previously made by City Clerk Jackie Rodgers, the North Las Vegas City Council at their August 3 public meeting voted 4-1 to remove a historic measure from the upcoming November ballot that would have established the first rent control measure in Nevada amid steadily-raising cost-of-living concerns for residents. Rodgers previously determined
- [Amid Slowing Housing Market Nationwide, New Las Vegas Luxury Homes Sales Continue to Soar](https://www.shelterrealty.com/2022/08/05/amid-slowing-housing-market-nationwide-new-las-vegas-luxury-homes-sales-continue-to-soar/) - LAS VEGAS, NV – While the national housing market has showed distinct signs of slowing down after mid-pandemic buying frenzies fueled by low mortgage rates dominated the industry, the high sales rate of new luxury homes in Las Vegas appears to remain red-hot in 2022, with the market already showing a distinct increase when compared to
- [Las Vegas Residential Real Estate Showing Signs of Cooling Faster Than Other Markets](https://www.shelterrealty.com/2022/08/03/las-vegas-residential-real-estate-showing-signs-of-cooling-faster-than-other-markets/) - LAS VEGAS, NV – The housing market in Las Vegas, after spending a considerable amount of time on fire, is now not only showing initial signs of cooling, but doing so at a rate that appears to be faster than some other major metropolitan marketplaces in the United States. Reports indicate that the number of homes in
- [North Las Vegas City Clerk Rejects Rent Control Ballot Measure as “Insufficient”](https://www.shelterrealty.com/2022/08/01/north-las-vegas-city-clerk-rejects-rent-control-ballot-measure-as-insufficient/) - LAS VEGAS, NV – The efforts of North Las Vegas residents to get a proposed rent control measure voted upon in the upcoming November elections has been rejected after the City Clerk determined the number of signatures on the petition was “insufficient” and, therefore, the measure was unable to be included on the ballot, reports say. The rent
- [Spanish Hills Mansion Offering Views of Entire Las Vegas Valley Listed for $8.9 Million](https://www.shelterrealty.com/2022/07/29/spanish-hills-mansion-offering-views-of-entire-las-vegas-valley-listed-for-8-9-million/) - LAS VEGAS, NV – A Spanish Hills “ultra-contemporary” mansion that purportedly offers breathtaking views of the entirety of the Las Vegas Valley has been listed on the open market for $8.9 million. Located at 5198 Scenic Ridge Drive, the 9,084 square-foot residence – according to Jim Ross, owner of Unique Custom Homes, whose company built the house
- [Las Vegas Droughts Cause Water Authority to Vote to Limit New Residential Pool Sizes](https://www.shelterrealty.com/2022/07/27/las-vegas-droughts-cause-water-authority-to-vote-to-limit-new-residential-pool-sizes/) - LAS VEGAS, NV – Citing ongoing droughts in the region, the Southern Nevada Water Authority (SNWA) board of directors last Thursday voted 7-0 to support a proposal that, if passed, would limit the construction of new residential pools to 600 square feet; this supports a similar recommendation recently made by the Las Vegas Valley Water District.
- [Expert Predicts Las Vegas Rents to Stabilize Throughout the Remainder of 2022](https://www.shelterrealty.com/2022/07/25/expert-predicts-las-vegas-rents-to-stabilize-throughout-the-remainder-of-2022/) - LAS VEGAS, NV – Throughout the COVID-19 pandemic, Las Vegas residents saw their rents increase by what some would consider to be unsustainable degrees; the subsequent increase in gas prices and inflation – which, as of June, hit a whopping 9.1 percent – have only served to put additional financial stress upon not only Southern
- [Lavish 16,000+ Square-Foot Lake Tahoe Estate Hits Market for Whopping $64.5 Million](https://www.shelterrealty.com/2022/07/22/lavish-16000-square-foot-lake-tahoe-estate-hits-market-for-whopping-64-5-million/) - LAS VEGAS, NV – Crystal Pointe Estate – a massive, lavish abode overlooking Lake Tahoe’s Crystal Bay – has been listed on the Nevada real estate marketplace, with the sellers hoping to fetch a massive payday of $64.5 million when or if it sells. Crystal Pointe Estate, located at 300 Highway 28 in Crystal Bay, is
- [Las Vegas Valley’s Tight Real Estate Inventory Finally Seeing Small Increases](https://www.shelterrealty.com/2022/07/18/las-vegas-valleys-tight-real-estate-inventory-finally-seeing-small-increases/) - LAS VEGAS, NV – After months and months of an infamously tight inventory driving up prices in the ultra-competitive Las Vegas residential real estate marketplace, that slim inventory is finally showing some signs of growing due to a number of contributing factors, including rising interest rates on home mortgages cooling the market somewhat for the time being.
- [Two New Affordable Housing Complexes Set to Open Amid Skyrocketing Las Vegas Rents](https://www.shelterrealty.com/2022/07/15/two-new-affordable-housing-complexes-set-to-open-amid-skyrocketing-las-vegas-rents/) - LAS VEGAS, NV – Amid skyrocketing rents in Las Vegas driving very real cost-of-living concerns, two new affordable housing apartment complexes – both being constructed by the same developer – are set to open soon, allowing families and individuals on a budget a way to put a roof over their heads. Decatur Commons Family and Decatur
- [$550 Million “Dream Las Vegas” Luxury Hotel and Casino Breaks Ground for 2024 Opening](https://www.shelterrealty.com/2022/07/13/550-million-dream-las-vegas-luxury-hotel-and-casino-breaks-ground-for-2024-opening/) - LAS VEGAS, NV – Ground was officially broken last Friday on Dream Las Vegas, a swanky new $550 million luxury hotel and casino complex situated upon the southern end of the Las Vegas Strip that is slated to open its doors for business in 2024. Originally announced in February of 2020, Southern California firms Shopoff Realty
- [Record Streak Broken: Las Vegas Home Prices Drop for First Month Since April of 2020](https://www.shelterrealty.com/2022/07/11/record-streak-broken-las-vegas-home-prices-drop-for-first-month-since-april-of-2020/) - LAS VEGAS, NV – After a long period of time that saw Las Vegas home prices continuously increase and break records month-after-month, the inevitable has finally taken place: according to a report released Wednesday by Las Vegas Realtors (LVR), local home prices dropped for the first time in over two years, an occurrence that experts say
- [Local North Las Vegas Residents Push to Get Rent Control Measure on Upcoming Ballot; Would Limit Increases](https://www.shelterrealty.com/2022/07/08/local-north-las-vegas-residents-push-to-get-rent-control-measure-on-upcoming-ballot/) - LAS VEGAS, NV – Residents of North Las Vegas have been pushing hard to get the signatures needed to get a measure that would introduce rent control legislation on the ballot in November’s upcoming elections, and their efforts to prevent rent increases in light of prevailing cost of living concerns appear to have paid off. 476 signatures
- [Las Vegas Casino Operator Red Rock Announces Development of New Wildfire Casino, Durango Resort](https://www.shelterrealty.com/2022/07/06/las-vegas-casino-operator-red-rock-announces-development-of-new-wildfire-casino-durango-resort/) - LAS VEGAS, NV – The parent company of casino operator Red Rock, Station Casinos, has announced that a new Wildfire Casino is currently under construction in downtown Las Vegas on Fremont Street, with the opening date still to be determined. According to a statement released by the company this week, Station Casinos “is excited to bring a
- [Mortgage Rates Unexpectedly Drop, Giving Prospective Homebuyers Some New Leverage](https://www.shelterrealty.com/2022/07/04/mortgage-rates-unexpectedly-drop-giving-prospective-homebuyers-some-new-leverage/) - LAS VEGAS, NV – Experts are reporting this week that mortgage rates – which have been skyrocketing since the new year after hitting historic lows during the COVID-19 pandemic – have unexpectedly dropped, giving beleaguered prospective homebuyers a modicum of leverage but also signaling potential bad news for state of the U.S. economy. The average rate
- [Las Vegas Retail Center Silverado Square Sells for a Reported $24.4 Million to Chicago Landlord](https://www.shelterrealty.com/2022/07/01/las-vegas-retail-center-silverado-square-sells-for-a-reported-24-4-million-to-chicago-landlord/) - LAS VEGAS, NV – Silverado Square, a 48,500 square-foot retail shopping center in Southern Nevada, has been sold to a major Chicago-based landlord for the sum of $24.4 million. Silverado Square, originally developed by Scott Godino, has been purchased by Jones Lang LaSalle Income Property Trust as confirmed by the company’s spokesperson, with the sale having closed
- [Clark County Commissioner Proposes Mandatory “Affordable Housing” in New Apartment Complexes](https://www.shelterrealty.com/2022/06/29/clark-county-commissioner-proposes-mandatory-affordable-housing-in-new-apartment-complexes/) - LAS VEGAS, NV – In an effort to combat skyrocketing rents making it difficult for some residents to put a roof over their heads, a commissioner in Clark County is proposing that a mandatory “affordable housing” law be put into effect as it relates to every new apartment complex erected within the county’s limits. Commissioner Michael Naft
- [As Interest Rates on Home Mortgages Skyrocket, Some Las Vegas Home Sellers Cutting Prices](https://www.shelterrealty.com/2022/06/27/as-interest-rates-on-home-mortgages-skyrocket-some-las-vegas-home-sellers-cutting-prices/) - LAS VEGAS, NV – During the depths of the COVID-19 pandemic the housing market unexpectedly started to boom, propelled by record-low interest rates on home mortgages and buyers enticed by acquiring homes with cheap money. But as demand continued to increase, home prices began to swell, with buyers taking solace in the fact that interest
- [Report: Investor Interest in Las Vegas Region Making Life Difficult for First-Time Homebuyers](https://www.shelterrealty.com/2022/06/24/report-investors-in-las-vegas-making-life-difficult-for-first-time-homebuyers/) - LAS VEGAS, NV – First-time homebuyers in Las Vegas are starting to face an uphill battle in some respects. Not only are they competing with ever-rising house prices and increasing interest rates on mortgages, but they are also going head-to-head with one especially difficult adversary: investors with deep pockets and the desire to pay top-dollar for homes
- [Increasing Home Mortgage Interest Rates Causes Slowdown in Home Sales, But All Not Bleak Experts Say](https://www.shelterrealty.com/2022/06/22/increasing-home-mortgage-interest-rates-causes-slowdown-in-home-sales/) - LAS VEGAS, NV – Following the Federal Reserve’s hike of 75 basis points to its key benchmark rate in an attempt to lower crippling inflation gripping the United States and head off a possible recession, interest rates for home mortgages have been steadily increasing after having hit record lows during the COVID-19 pandemic; that factor,
- [Las Vegas Developer Holds Grand Opening for Low-Income Senior Apartment Complex](https://www.shelterrealty.com/2022/06/20/las-vegas-developer-holds-grand-opening-for-low-income-senior-apartment-complex/) - LAS VEGAS, NV – Arioso, a 195-unit affordable rental community for low-income seniors in southwest Las Vegas, recently held its grand opening celebration, and the developer – Ovation Design & Development – said that more accommodations catering to low-income residents are vitally needed as rents continue to climb throughout Southern Nevada and the nation. Ovation founder
- [Las Vegas Drawing More Real Estate Investment Dollars than National Average, Report Says](https://www.shelterrealty.com/2022/06/17/las-vegas-drawing-more-real-estate-investment-dollars-than-national-average-report-says/) - LAS VEGAS, NV – While the housing market in the United States began to explode in the initial months of the COVID-19 pandemic – with a corresponding increase in home values that are continuing to skyrocket to this day – investors have been looking to get into the on-fire real estate industry, and one of
- [Las Vegas Home Prices Set Yet Another Record While Sales Continue to Slow Down, Build-up of Inventory](https://www.shelterrealty.com/2022/06/15/las-vegas-home-prices-set-yet-another-record-while-sales-continue-to-slow-down/) - LAS VEGAS, NV – Despite yet another all-time record being set for home prices in Southern Nevada for the month of May – something that has consistently happened month-after-month for some time now – conditions show that sales overall are beginning to slow in Vegas, indicating that a gradual shift is occurring towards a more sustainable
- [Boxing Legend Oscar De La Hoya Purchases Henderson Home for $14.6 Million in Luxury Community](https://www.shelterrealty.com/2022/06/13/boxing-legend-oscar-de-la-hoya-purchases-henderson-home-for-14-6-million/) - LAS VEGAS, NV – The legendary Oscar De La Hoya, former professional boxing champion and current boxing promoter, has purchased a home that is currently in the process of being constructed in the luxury MacDonald Highlands community in Las Vegas’ Henderson neighborhood for an eye-opening $14.6 million. De La Hoya, known in his boxing days as “The
- [Estate Located in Eagle Hills, Summerlin’s Top Luxury Community, Lists for $1.7 Million](https://www.shelterrealty.com/2022/06/10/estate-located-in-eagle-hills-summerlins-top-luxury-community-lists-for-1-7-million/) - LAS VEGAS, NV – Eagle Hills, one of Summerlin’s top luxury communities, has a swanky, highly-desirable estate that has just been listed on the open Las Vegas real estate marketplace for the eye-opening sum of $1.7 million. The estate, located at 9237 White Tail Drive, offers numerous high-end amenities that are sure to attract a large number
- [Steve Wynn’s Las Vegas “Billionaire’s Row”  Mansion Sells at Discounted Price of $17.5 Million In All Cash Deal](https://www.shelterrealty.com/2022/06/08/steve-wynns-las-vegas-billionaires-row-mansion-sells-at-discounted-price-of-17-5-million/) - LAS VEGAS, NV – Steven Wynn, a real estate businessman and art collector known for his involvement in the luxury casino and hotel industry, has finally sold his mammoth Las Vegas mansion for a fairly deep discount after originally listing it on the market in 2020 for $25 million. The buyer, affluent British businessman Simon Dolan, stepped up
- [Las Vegas Developer Lists Southern Highlands Golf Club Spec Home for $5.29 Million, Includes $100,000 Tesla](https://www.shelterrealty.com/2022/06/06/las-vegas-developer-lists-southern-highlands-golf-club-spec-home-for-5-29-million-includes-100000-tesla/) - LAS VEGAS, NV – A Las Vegas developer has listed a swanky new spec home built on the grounds of the Southern Highlands Golf Club for the whopping sum of $5.29 million, and to sweeten the deal they’re throwing in a $100,000 Tesla to help fill out the dwelling’s spacious four-car garage. A spec house – short
- ['Largest Spherical Structure On Earth' Hits Major Construction Milestone as Workers Top Off Venue](https://www.shelterrealty.com/2022/06/03/largest-spherical-structure-on-earth-hits-major-construction-milestone-as-workers-top-off-venue/) - LAS VEGAS, NV – One of Las Vegas’ most unique and eye-catching entertainment venues hit a major milestone in its construction this week, as construction crews working on the MSG Sphere topped off its steel exosphere on Tuesday, placing it one step closer to meeting its 2023 opening date. Over 1,400 members of the construction crew held
- [Real Estate Experts Say Housing Market in Las Vegas Is Most Likely “Bubble Resistant”](https://www.shelterrealty.com/2022/06/01/experts-say-housing-market-in-las-vegas-most-likely-bubble-resistant/) - LAS VEGAS, NV – Many Las Vegas residents can recall the period in the mid-2000’s when home prices in Southern Nevada were skyrocketing – much as they are now – and then came crashing down when the Great Recession hit. However, while circumstances are painting a similar picture these days, experts are noting that there
- [Las Vegas Strip-Adjacent Palms Apartments Complex Sells for $33 Million to Undisclosed Buyer](https://www.shelterrealty.com/2022/05/27/las-vegas-strip-adjacent-palms-apartments-complex-sells-for-33-million/) - LAS VEGAS, NV – The Palms Apartments, an apartment complex adjacent to the famed Las Vegas Strip, has been sold for $33 million, via an announcement last Wednesday by the real estate agents that brokered the deal. The 200-unit apartment building, located at 713 East Sahara Avenue, was purchased from Miami-based Florida East Coast Realty, LLC
- [Report: Las Vegas Now Ranks Number 2 in U.S. Among Cities with Fastest-Rising Rents](https://www.shelterrealty.com/2022/05/25/report-las-vegas-now-ranks-number-2-in-u-s-among-cities-with-fastest-rising-rents/) - LAS VEGAS, NV – With inflation still hurting most Americans in the wallet and prices in the housing market skyrocketing nationwide, a new report indicates that among the major metro cities where costs are increasing the most, Las Vegas is now currently ranked number two in terms of rising rents, leading to concerns over affordability despite signs
- [Topaz, Viridian Apartment Complexes in Las Vegas Sell for Total of $129.7 Million](https://www.shelterrealty.com/2022/05/09/topaz-viridian-apartment-complexes-in-las-vegas-sell-for-total-of-129-7-million/) - LAS VEGAS, NV – Laguna Point Properties, a multifamily investment company based out of Mission Viejo, California, has announced the purchase of two large apartment complexes in Las Vegas in an off-market transaction worth a total of $129.7 million, giving the company a large foothold in the Southern Nevada rental marketplace. Topaz and Viridian, two apartment communities
- [Rising Borrowing Costs Begin to Slow Las Vegas Homes Sales, While Prices Continue to Increase](https://www.shelterrealty.com/2022/05/04/rising-borrowing-costs-begin-to-slow-las-vegas-homes-sales-while-prices-continue-to-increase/) - LAS VEGAS, NV – The housing market in Las Vegas has experienced a historic degree of growth in the past year, with fierce competition for the city’s limited inventory resulting in fast sales, multiple offers – many well above the asking price – with cheap money in the form of low-interest mortgage loans fueling the
- [List of Proposed Rules for Short-Term Rentals Released by Clark County; Public Comment Sought](https://www.shelterrealty.com/2022/05/02/list-of-proposed-rules-for-short-term-rentals-released-by-clark-county/) - LAS VEGAS, NV – Clark County has released a series of proposed rules that short term rental companies such as Airbnb and VRBO – as well as independent renters – will need to abide by and are looking for feedback from the public in order to fine-tune these rules to make sure they address the concerns of
- [Phase Two of Las Vegas “UnCommons” Mixed-Use Project Officially Breaks Ground](https://www.shelterrealty.com/2022/04/29/phase-two-of-las-vegas-uncommons-mixed-use-project-officially-breaks-ground/) - LAS VEGAS, NV – UnCommons – a large mixed-used facility currently under development in southwestern Las Vegas – has officially entered phase two of its construction after having fully leased the buildings that were erected during the first phase. Upon completion, UnCommons – located at Durango Drive and the 215 Beltway in the southwest valley – will
- [Travelodge Motel on Strip, Including Adjacent Commercial Building, Hits Market for Whopping $52 Million](https://www.shelterrealty.com/2022/04/25/travelodge-motel-on-las-vegas-north-strip-hits-market-for-whopping-52-million/) - LAS VEGAS, NV – While there haven’t been many 'motels' on the Las Vegas Strip in recent years amid the massive hotels and casino resorts that the roadway has become well-known for, one of the remaining holdouts – the Travelodge Motel – was listed on the market for a whopping $52 million. Situated next to
- [Bleutech Park Mini-City Project Acquires 210 Acres on Las Vegas Boulevard](https://www.shelterrealty.com/2019/11/14/bleutech-park-mini-city-project-acquires-210-acres-on-las-vegas-boulevard/) - LAS VEGAS, NV - According to recent reports, officials representing Bleutech Park, a $7.5 billion mini-city project that has been proposed for Las Vegas, has acquired a 210-acre plot of land at Las Vegas Boulevard and Cactus Avenue that the group originally hoped to break ground upon come December 2019, although that date has been
- [Las Vegas Median Home Prices Hit Record $460,000 Amid Lowering Sales Overall, Report Indicates](https://www.shelterrealty.com/2022/04/22/las-vegas-median-home-prices-hit-record-460000-amid-lowering-sales-overall/) - LAS VEGAS, NV – A new report released this week indicates that home prices in Las Vegas continue to increase on a regular basis, despite the fact that home sales in Southern Nevada overall have begun to slow down when compared to the same period of time one year ago. According to Las Vegas Realtors (LVR), the
- [Developer Announces Plans to Construct $3 Billion Entertainment Venue Near Las Vegas Strip](https://www.shelterrealty.com/2022/04/20/developer-announces-plans-to-construct-3-billion-entertainment-venue-near-las-vegas-strip/) - LAS VEGAS, NV – A new $3 billion entertainment venue has been announced by developer Oak View Group that will be constructed south of the famed Las Vegas Strip that will feature a plethora of attractions sure to appeal to both tourists and local residents. Oak View Group has been behind the development of several high-profile venues
- [Las Vegas Apartment Rents Showing Signs of Stabilization, New Report Says](https://www.shelterrealty.com/2022/04/18/las-vegas-apartment-rents-showing-signs-of-stabilization-new-report-says/) - LAS VEGAS, NV – For months, skyrocketing rents in Las Vegas have given rise to worries that the city – previously well-known for its low cost of living – was starting to price individuals and families out of the market due to affordability concerns. As the COVID-19 pandemic has entered it’s (hopefully) final days, in
- [Number of March $1 Million-Plus Luxury Homes Sales in Las Vegas Sets All-Time Record](https://www.shelterrealty.com/2022/04/13/number-of-march-1-million-plus-luxury-homes-sales-in-las-vegas-sets-all-time-record/) - LAS VEGAS, NV – With the luxury home market in Las Vegas going strong and showing no signs of slowing down as affluent residents from neighboring states continue to transplant themselves into the region, the number of $1 million and higher homes sales in Southern Nevada in the month of March has set an all-time record.
- [Nearly One-Third of All Southern Nevada Home Sales Paid for in Cash, March Report Shows](https://www.shelterrealty.com/2022/04/11/nearly-one-third-of-all-southern-nevada-home-sales-paid-for-in-cash-march-report-shows/) - LAS VEGAS, NV – A growing number of homebuyers in the Southern Nevada region are paying for their purchases in cold, hard cash as opposed to taking out mortgages, a recent report says, which could be fueled by several factors, including investment and the arrival of affluent transplants from neighboring states. The Las Vegas Realtors group report
- [Heavily Renovated Luxury Home in Red Rock Country Club Hits Market for $3.5 Million](https://www.shelterrealty.com/2022/04/08/heavily-renovated-luxury-home-in-red-rock-country-club-hits-market-for-3-5-million/) - LAS VEGAS, NV – An aging million-dollar-plus home located in Las Vegas’ Red Rock Country Club community that has received a huge facelift – now boasting numerous new modern touches – has just been listed on the open market for $3.5 million. Forte Specialty Contractors, owned by developer Scott Acton, has been responsible for renovating many
- [No Sign Vegas' Housing Boom Ending as Report Indicates Prices Still Rising; Rapid Sales, Low Inventory, Climbing Costs](https://www.shelterrealty.com/2022/04/06/no-sign-las-vegas-housing-boom-ending-as-new-report-indicates-prices-still-rising/) - LAS VEGAS, NV – A new report indicates that Las Vegas’ housing boom isn’t showing any signs of slowing in the near future, as prices continue to increase at an incredible rate when compared to many other markets across the United States. In January 2022, home prices in Las Vegas had increased year-over-year from January 2021 by
- [Investor Currently Renovating, Flipping Multiple Rundown Rental Properties in Downtown Las Vegas](https://www.shelterrealty.com/2022/04/04/investor-currently-renovating-flipping-multiple-rundown-rental-properties-in-downtown-las-vegas/) - LAS VEGAS, NV – An investment group is currently in the process of sinking some impressive capital into Las Vegas, with 13 rundown rental properties located in the city’s downtown area currently in the midst of major renovations before eventually being put back on the market for sale once they are complete. Property management and construction company
- [Groundbreaking Ceremony Planned for Development of New Las Vegas Senior Housing Facility in Summer of 2022](https://www.shelterrealty.com/2022/04/01/groundbreaking-planned-for-development-of-new-las-vegas-senior-housing-facility/) - LAS VEGAS, NV – In an attempt to address the ongoing need for affordable housing options for Las Vegas’ senior population, two developers based out of Denver, Colorado are finalizing plans to develop a new senior-living facility in Southern Nevada, with the groundbreaking planned for the very near future. MorningStar Senior Living and Confluent Senior are
- [Huge Industrial Park Under Development in Northern Las Vegas off Interstate 15 at U.S. Highway 93](https://www.shelterrealty.com/2022/03/30/huge-industrial-park-under-development-in-northern-las-vegas/) - LAS VEGAS, NV – Developers who have an already very established presence in Southern Nevada are teaming up to embark on a new project to build a huge industrial park in Northern Las Vegas, which is slated to include a series of large warehouses and other related structures that are sure to be a boon to
- [Landlord Wants to Sell Las Vegas Investment Property, So What Happens With the Tenant?](https://www.shelterrealty.com/2013/11/08/landlord-wants-to-sell-las-vegas-investment-property-so-what-happens-with-the-tenant/) - I spoke with one of our property management clients today and he inquired about selling his Las Vegas home but he wanted to know if he had to wait till the tenant vacated the property before he could sell.
- [Clark County Lawmakers In Favor of Introducing “Lottery System” for Short-Term Rental Licenses](https://www.shelterrealty.com/2022/03/21/clark-county-lawmakers-in-favor-of-introducing-lottery-system-for-short-term-rentals/) - LAS VEGAS, NV – As short-term rentals – such as Airbnb and Vrbo – finally approach a state of legality in Clark County as of July 1, lawmakers are signifying that they are in favor of establishing a lottery system for when it comes to issuing the over 2,800 licenses to individuals and companies that are looking
- [Canada-Based Developer Breaks Ground on 261,751 Square-Foot Las Vegas Pioneer Business Center](https://www.shelterrealty.com/2022/03/16/canada-based-developer-breaks-ground-on-261751-square-foot-las-vegas-pioneer-business-center/) - LAS VEGAS, NV – Recently, a Canadian real estate developer preformed a ceremonial groundbreaking on an upcoming Las Vegas-based warehouse project that, upon completion, will come in at over 250,000 square feet in size. Ryan Beedie, who regularly travels to and spends time in Vegas – estimates that he’s been to the city as many as 200
- [Amid Record Prices, Las Vegas Realtors President Predicts Market Stabilization Coming; Increases “Not Sustainable”](https://www.shelterrealty.com/2022/03/14/amid-record-home-prices-las-vegas-realtors-president-predicts-market-stabilization-coming-increases-not-sustainable-long-term/) - LAS VEGAS, NV – Las Vegas Realtors Association President Brandon Roberts is predicting that, as Southern Nevada’s home prices continue to break record after record – causing intense affordability concerns – the market will eventually right itself and stabilize, noting that the current situation is “not sustainable” long-term as it is. In February 2022, the median
- [Former Site of Las Vegas’ Terrible’s Hotel & Casino to be Converted to Large Industrial Park](https://www.shelterrealty.com/2022/03/11/former-site-of-las-vegas-terribles-hotel-casino-to-be-converted-to-large-industrial-park/) - LAS VEGAS, NV – The defunct Terrible’s Hotel & Casino, which has been closed and sitting unused for two years, will be demolished and the property used to construct a large-scale industrial park, according to an announcement by a Reno developer. Terrible’s, which originally opened in 1987 and closed for good in 2020, was owned by
- [Ritzy Las Vegas “Fremont9” Apartment Complex Sells for $80 Million, to be Rebranded “Ely on Fremont”](https://www.shelterrealty.com/2022/03/09/ritzy-las-vegas-fremont9-apartment-complex-sells-for-80-million-to-be-rebranded-ely-on-fremont/) - LAS VEGAS, NV – “Fremont9,” a ritzy apartment complex located in Las Vegas’ downtown area which constriction was funded by late entrepreneur and former Zappos CEO Tony Hsieh, has been sold for $80 million and will soon be christened with a new name. The Calida Group, an apartment developer based in Las Vegas, confirmed that they purchased
- [Las Vegas Mansion Michael Jackson Once Called Home Listed on Open Market; Asking Price $9.5 Million](https://www.shelterrealty.com/2022/03/07/las-vegas-mansion-michael-jackson-once-called-home-listed-on-open-market-asking-price-9-5-million/) - LAS VEGAS, NV - A lavish Las Vegas mansion that was once rented as a home for a whopping $50,000 a month 15 years ago by the late and controversial “King of Pop” Michael Jackson has been listed for sale on the market. The 17,461-square-foot Las Vegas estate – surrounded by a 10-foot-high wall – is located
- [Las Vegas Home Prices Now Outstripping United States Average; Limited Inventory And “Persistent Demand”](https://www.shelterrealty.com/2022/03/04/las-vegas-home-prices-now-outstripping-united-states-average-limited-inventory-and-persistent-demand/) - LAS VEGAS, NV – Ever-increasing home prices in Las Vegas are now outstripping the current average in the United States, according to a recent Case-Shiller report, with the end of 2021 setting the stage for what to expect in 2022. House values in Southern Nevada in December 2021 had shockingly jumped 25.5 percent from the same period of
- [Development on Affordable Housing Project for Las Vegas Seniors Begins, Reports Say](https://www.shelterrealty.com/2022/03/02/development-on-affordable-housing-project-for-las-vegas-seniors-begins-reports-say/) - LAS VEGAS, NV – Addressing concerns over cost-of-living increases in Southern Nevada in recent years, a developer has begun construction on an affordable housing project targeting Las Vegas senior citizens in the east section of the valley, a vulnerable population that is often neglected when it comes to housing options in their price range. According to the
- [Kiss Rocker Gene Simmons Sells Henderson Mansion for Healthy Profit After Discounting Price](https://www.shelterrealty.com/2022/02/28/kiss-rocker-gene-simmons-sells-henderson-mansion-after-discounting-price/) - LAS VEGAS, NV – Gene Simmons, widely known bassist for the legendary rock band Kiss, has sold his Vegas area mansion after he first listed it on the market in October 2021, a mere six months after originally purchasing it. Simmons’ luxurious home – located at 7 Talus Court in Henderson – is currently under contract, reports say.
- [Due to Overwhelming Demand, Luxury Rentals Surpass $50,000 Per Month and Climbing](https://www.shelterrealty.com/2022/02/25/due-to-overwhelming-demand-luxury-rentals-surpass-50000-per-month-and-climbing/) - LAS VEGAS, NV – With affluent out-of-state residents fleeing highly-taxed regions of the country for Las Vegas due to its more affordable cost of living experience, demand for luxury rental units have reached a fever pitch, driving the market to surpass the $50,000 per month mark and beyond, and without any signs of slowing down due to
- [Northern Las Vegas Strip in Midst of Long-Awaited Turnaround as Multiple Construction Projects Take Shape](https://www.shelterrealty.com/2022/02/23/northern-las-vegas-strip-in-midst-of-long-awaited-turnaround-as-multiple-construction-projects-take-shape/) - LAS VEGAS, NV – The north edge of the Las Vegas Strip was in the midst of multiple construction and development projects that – with the arrival of the mid-2000’s economic recession – instead resulted in huge empty tracts of land and little-to-no foot traffic. The vibrancy and excitement of the Strip had failed to
- [Las Vegas Condominium Market Given New Prominence Due to Millennial Home-Buying](https://www.shelterrealty.com/2022/02/18/las-vegas-condominium-market-given-new-prominence-due-to-millennial-home-buying/) - LAS VEGAS, NV – For a great while, condominiums failed to figure into the Las Vegas real estate marketplace to the same degree as stand-alone homes did; however, that began to drastically change right before COVID-19 hit, but while the pandemic caused a brief hiccup in the ascension of condos as a viable real estate marketplace
- [Las Vegas Real Estate Firm Breaks Ground on 127-Room SpringHill Suites Hotel in Northern Valley](https://www.shelterrealty.com/2022/02/16/las-vegas-real-estate-firm-breaks-ground-on-127-room-springhill-suites-hotel/) - LAS VEGAS, NV – Las Vegas-based real estate firm Nigro Development held a public groundbreaking ceremony recently to signify the start of construction on SpringHill Suites, a 127-room hotel situated in the Las Vegas Valley north of the 215 Beltway at Decatur Boulevard. According to a statement issued by the firm, construction of SpringHill Suites is slated
- [Another Month, Another Record: January 2022 Las Vegas Home Prices Reach Highest Ever Yet Again](https://www.shelterrealty.com/2022/02/14/another-month-another-record-january-2022-las-vegas-home-prices-reach-highest-ever-yet-again/) - LAS VEGAS, NV – At this point, it may be a moot point, but the numbers for January 2022 are in, and once again home prices in Las Vegas have set yet another all-time record, showing that – even with the advent of yet another new year – the real estate scene in Southern Nevada does
- [Seven Hills: Tuscan Getaway Minutes from the Vegas Strip](https://www.shelterrealty.com/2012/08/09/seven-hills-a-tuscan-getaway-minutes-from-the-las-vegas-strip/) - Tired of the hustle and bustle of Las Vegas? While it is true Las Vegas is considered Sin City, even the most ardent of Sinners must eventually repent. And what better place then in the rolling hills of the Tuscan inspired community of Seven Hills.
- [Las Vegas’ Tropicana Resort Facing Potential Redevelopment, Demolition After Sale](https://www.shelterrealty.com/2022/02/04/las-vegas-tropicana-resort-facing-potential-redevelopment-demolition-after-sale/) - LAS VEGAS, NV – The Tropicana – a famous hotel-casino from the Rat Pack era – is in the process of being sold this year to casino operator Bally’s Corporation, and is reportedly facing an uncertain future that could include either extensive redevelopment or even complete demolition to make way for an entirely new establishment. According to
- [“La Vista” Luxury Las Vegas High-End Penthouse in “The Martin” for Sale at $10 Million](https://www.shelterrealty.com/2022/02/02/la-vista-luxury-las-vegas-penthouse-in-the-martin-for-sale-at-10-million/) - LAS VEGAS, NY – “La Vista,” a high-end penthouse located in The Martin – a luxury high-rise condominium tower located at 4471 Dean Martin Drive in Las Vegas – has just been listed on the open market for a whopping $10 million. Located on The Martin’s 44th floor, La Vista offers spectacular views of the surrounding cityscape
- [Las Vegas Home Prices Currently Rising at Levels Outpacing U.S. Average, New Report Says](https://www.shelterrealty.com/2022/01/31/las-vegas-home-prices-currently-rising-at-levels-outpacing-u-s-average-new-report-says/) - LAS VEGAS, NV - According to the S&P CoreLogic Case-Shiller index recently released by S&P Dow Jones Indices, home prices in the Las Vegas real estate marketplace are rising at levels that are currently outpacing the United States average, and this is not the first instance of this occurring, experts say. The prices of homes in
- [Brightline Announces Las Vegas-to-Los Angeles High-Speed Railway Back on Track, Extension Possibly Included](https://www.shelterrealty.com/2022/01/26/brightline-announces-las-vegas-to-los-angeles-high-speed-railway-back-on-track-extension-possibly-included/) - LAS VEGAS, NV – The oft-delayed Brightline West high-speed railway system between Las Vegas and Southern Los Angeles that has been long-gestating once again is being heralded as back on-track, along with a potential extension into an additional L.A. suburb that would open up an additional region of California to Southern Nevada. Following a series of
- [Shuttered Royal Links Golf Club Purchased for Over $33 Million; Plans for 1,600 Homes to be Built on Site](https://www.shelterrealty.com/2022/01/24/shuttered-royal-links-golf-club-purchased-for-over-33-million-plans-for-1600-homes-to-be-built-on-site/) - LAS VEGAS, NV – A developer in Las Vegas that had purchased a defunct golf course late last year has just announced plans to construct a large number of residential homes upon the property, in an effort to address the sky-high demand for living options in the Southern Nevada region. On December 23, 2021, Touchstone Living paid
- [Amid Slow Stabilization of Market, Las Vegas Home Prices Set Yet Another Record in September](https://www.shelterrealty.com/2021/10/11/amid-slow-stabilization-of-market-las-vegas-home-prices-set-yet-another-record/) - LAS VEGAS, NV – Home prices in Las Vegas set yet another record in September, all while several experts have noted that the skyrocketing real estate prices in the Southern Nevada region are finally showing signs of beginning to stabilize. The median sales price of previously owned single-family homes, which accounts for the majority of the
- [Jade, Las Vegas-Based 287-Unit Luxury Apartment Complex, Sells for Almost $125 Million](https://www.shelterrealty.com/2022/01/21/jade-las-vegas-based-287-unit-luxury-apartment-complex-sells-for-almost-125-million/) - LAS VEGAS, NV – Jade, a new 287-unit luxury apartment complex located near the Rio in the Las Vegas Valley, has recently sold for an incredible price, once again highlighting the strong desire that landlords and property management firms are expressing for rental units in Southern Nevada. Ideal Capital Group, a real estate firm based out
- [2021 Las Vegas High-Rise Marketplace More Than Doubles Sales; Had Dropped Every Year Until 2021 Turnaround](https://www.shelterrealty.com/2022/01/17/2021-las-vegas-high-rise-marketplace-more-than-doubles-sales-had-dropped-every-year-until-2021-turnaround/) - LAS VEGAS, NV - With all of the real estate milestones that occurred in Las Vegas over the course of 2021 – perhaps one of the unlikeliest years for this to have taken place, given the ongoing COVID-19 pandemic – the local high-rise condo marketplace is yet another aspect of this industry that broke records over the
- [As Las Vegas Luxury Home Sales Skyrocket, Experts Still Expect New Wave Of Residents Fleeing California](https://www.shelterrealty.com/2022/01/14/as-las-vegas-luxury-home-sales-skyrocket-experts-expect-new-wave-of-residents-fleeing-california/) - LAS VEGAS, NV – Last year, no segment of Las Vegas’ real estate market exploded quite like the luxury market, and experts are anticipating even greater heights in 2022. In 2021, the market skyrocketed, with an increase in the number of sales of many expensive properties – including those costing millions – being driven by residents
- [Expert: Las Vegas’ Streak of Rapid Sales, Record-High Prices Expected to Continue Into 2022](https://www.shelterrealty.com/2022/01/12/expert-las-vegas-streak-of-rapid-sales-record-high-prices-expected-to-continue-into-2022/) - LAS VEGAS, NV - Despite the ongoing COVID-19 pandemic, 2021 saw a record-breaking year in Southern Nevada – its highest ever, in fact – both in terms of home prices and sales, driven by demand and low borrowing costs. And according to real estate experts, that trend is expected to persist well into the new year,
- [Despite Lasting Effects Of Pandemic, Home Sales In Vegas Reach All-Time High in 2021](https://www.shelterrealty.com/2022/01/10/despite-lasting-effects-of-pandemic-home-sales-in-las-vegas-reach-all-time-high-in-2021/) - LAS VEGAS, NV - 2021 was many things to many people, but for Southern Nevada, it represented the all-time record-setting year in the region’s real estate history, despite the lasting effects of the COVID-19 pandemic upon its economy still being felt to this day. A record 50,010 residential properties – encompassing houses, condominiums, and townhomes – were
- [Summerlin Luxury Condo of Professional Golf Pro Rickie Fowler Sold for $6 Million](https://www.shelterrealty.com/2022/01/05/summerlin-luxury-condo-of-professional-golf-pro-rickie-fowler-sold-for-6-million/) - LAS VEGAS, NV - Rickie Fowler, a professional golfer who plays on the PGA Tour who is perhaps most notable for winning the Abu Dhabi HSBC Golf Championship in 2016 – and at the same time achieving a career-high ranking of fourth in the world – has reportedly sold his luxury condominium at The Summit Club in
- [Newly-Built Las Vegas Homes Continue to Set All-Time Price Records, Surpassing Pre-owned Comrade](https://www.shelterrealty.com/2022/01/03/newly-built-las-vegas-homes-continue-to-set-all-time-price-records/) - LAS VEGAS, NV – While the prices of pre-owned homes in Las Vegas continue to shatter records nearly each and every month, prices of newly-built homes have been continuing to break records of their own, actually surpassing their pre-owned comrade in the month of November by a significant margin. According to Las Vegas homebuilders, the median price
- [Former Owner of Las Vegas’ Fontainebleau Announces New Project](https://www.shelterrealty.com/2021/12/24/former-owner-of-las-vegas-fontainebleau-announces-new-project/) - LAS VEGAS, NV – Steve Witkoff, a former developer of the Las Vegas Fontainebleau resort – which has since progressed in his absence – has announced a new project in Florida this year. Developer Steve Witkoff has trumpeted a new project, which will be to redevelop the Shore Club in Miami Beach in 2021. The hotel – situated
- [Hard Rock Announces Plans to Construct Guitar-Shaped Hotel on Las Vegas Strip As Part Of $1 Billion Deal](https://www.shelterrealty.com/2021/12/20/hard-rock-announces-plans-to-construct-guitar-shaped-hotel-on-las-vegas-strip-as-part-of-1-billion-deal/) - LAS VEGAS, NV - Hard Rock International announced last week that, as a part of a whopping $1 billion deal, they are intending to construct an elaborate guitar-shaped hotel on the famed Las Vegas Strip. Hard Rock will be purchasing The Mirage’s operations side from MGM Resorts International in a deal worth over $1 billion in cold,
- [2021 Year End Report Sees Rental Prices in Southern Nevada Increase 27% Over 2020](https://www.shelterrealty.com/2021/12/17/2021-year-end-report-sees-rental-prices-in-southern-nevada-increase-27-over-2020/) - LAS VEGAS, NV – Questions of affordability have once again reared their ugly head in terms of Las Vegas’ rental marketplace, as year-end reports indicate that pent prices have jumped considerably over the course of 2021 when compared to the year beforehand. Reports say that Nevada overall has now been thrust into the nation’s top five states
- [Up, Up, and Away: Las Vegas Home Prices Hit $420,000 in November, Set Yet Another Record](https://www.shelterrealty.com/2021/12/15/las-vegas-home-prices-hit-420000-in-november-set-yet-another-record/) - LAS VEGAS, NV – In Las Vegas, the all-time records just keep getting higher, as the prices of pre-owned homes on the market reached yet another milestone in the month of November 2021. According to reports, the median price of existing single-family homes sold in Southern Nevada in November was a whopping $420,000, which represents a jump
- [“Horse Owner’s Dream Property” in Northwest Las Vegas Goes on Market for Close to $8 Million](https://www.shelterrealty.com/2021/12/13/horse-owners-dream-property-in-northwest-las-vegas-goes-on-market-for-close-to-8-million/) - LAS VEGAS, NV - In keeping with the ongoing trend of the high-priced luxury Las Vegas real estate, “The House of Roses,” a Northwest Las Vegas ranch estate, has been listed on the market for $7.95 million. The ranch, located at 4225 North Jensen Street and situated on 2.25 acres at the base of Lone Mountain,
- [376-Unit South Las Vegas Valley Apartment Complex Sells for $135 Million](https://www.shelterrealty.com/2021/12/10/376-unit-south-las-vegas-valley-apartment-complex-sells-for-135-million/) - LAS VEGAS, NV - Lyric, a high-end apartment complex situated in the south Las Vegas Valley and boasting of a unique set of amenities for tenants, has reportedly been sold last month for an impressive sum of money. Located at 304 East Silverado Ranch Boulevard near Las Vegas Boulevard, Lyric was recently announced as having been
- [New Retail Complex on Las Vegas Strip Begins Construction; Already Approximately 30% Leased Out](https://www.shelterrealty.com/2021/12/08/new-retail-complex-on-las-vegas-strip-begins-construction-already-about-30-leased-out/) - LAS VEGAS, NV - Project63, a new four-story retail strip mall-style development at Las Vegas’ multi-tower CityCenter complex, has officially begun construction in an effort to meet both growing consumer demand as well as its anticipated 2022 completion date. While the frame of the building itself is slated to be completed by this upcoming March, the
- [Development Begins on New Luxury Apartment Complex The Highline, Located in The Gramercy Las Vegas](https://www.shelterrealty.com/2021/12/01/development-begins-on-new-luxury-apartment-complex-the-highline-located-in-the-gramercy-las-vegas/) - LAS VEGAS, NV – Ground was recently broken on The Highline, a new luxury apartment complex that is being constructed within “next generation” master planned community The Gramercy Las Vegas, slated for completion by winter 2023. Lyon Living and LandSpire Group are co-developing The Highline, with the project being the first one that they are collaborating
- [New 265-Unit Apartment Complex Set to Open in Henderson’s Cadence Community in 2022](https://www.shelterrealty.com/2021/11/22/new-265-unit-apartment-complex-set-to-open-in-hendersons-cadence-community-in-2022/) - LAS VEGAS, NV - A Stockton, California-based developer has announced that a new 265-unit apartment complex is set to open in Henderson’s Cadence community in 2022, which is anticipated to help address the near-ravenous demand for affordable housing options in Las Vegas during the past year. A.G. Spanos Companies, founded by billionaire Alex Spanos in 1960, is
- [Stalled Las Vegas Fontainebleau Hotel Casino Finally Begins Construction; Expected To Bring 6,000 Full-Time Jobs](https://www.shelterrealty.com/2021/11/20/stalled-las-vegas-fontainebleau-hotel-casino-finally-begins-construction/) - LAS VEGAS, NV – The long-gestating Fontainebleau resort project – located on the northern part of the famed Las Vegas Strip and originally scheduled to open in 2009 – has finally commenced on construction after it was re-acquired by its original developer following changing hands several times over the years. Jeffrey Soffer, chairman and CEO of Florida-based
- [$600 Million Luxury Resort-Style Condominium Project Planned for MacDonald Highlands in Henderson](https://www.shelterrealty.com/2021/11/15/600-million-luxury-resort-style-condominium-project-planned-for-macdonald-highlands-in-henderson/) - LAS VEGAS, NV – A new luxury resort-style condominium project is slated to be built in MacDonald Highlands in Henderson, which will be the first high-rise apartment building constructed in the city since the mid-2000’s recession if it is approved by the Henderson City Council. The proposed $600 million Pinnacle Residences at MacDonald Highlands will be comprised of
- [Las Vegas MSG Sphere Reaches Significant Phase of Construction on Way to 2023 Completion Date](https://www.shelterrealty.com/2021/11/12/las-vegas-msg-sphere-reaches-significant-phase-of-construction-on-way-to-2023-completion-date/) - LAS VEGAS, NV - The MSG Sphere, the high-tech entertainment venue that has been under construction off of the famed Las Vegas Strip for some time now, has entered a new phase of construction on its way to its anticipated 2023 opening date. The project has progressed to a point that the steel structure that will support
- [Groundbreaking Held on “Sync Apartment Homes,” New 203-Unit Las Vegas-Based Rental Project](https://www.shelterrealty.com/2021/11/10/groundbreaking-held-on-sync-apartment-homes-new-203-unit-las-vegas-based-rental-project/) - LAS VEGAS, NV – “Sync Apartment Homes,” a new apartment complex that is slated to be constructed near the Aliante Hotel in North Las Vegas, broke ground this week, with a completion date estimated to be in the fourth quarter of 2022. Development firms American Nevada Co. and Warmington Properties have teamed up to build
- [Prices of Short Term Rentals In Las Vegas  Continue to Climb, Spelling Big Profits for Hosts](https://www.shelterrealty.com/2021/11/05/prices-of-short-term-rentals-in-las-vegas-continue-to-climb-spelling-big-profits-for-hosts/) - LAS VEGAS, NV - As the pandemic winds down and more travel restrictions are removed, more people are looking to catch up on the vacationing that they were forced to do without when the pandemic was at its worst. And, in Las Vegas, according to Fox News, short-term rental hosts are taking in bigger profits
- [Las Vegas Apartment Rent Continues to Set Records, Skyrocketing To All-Time High](https://www.shelterrealty.com/2021/11/03/las-vegas-apartment-rent-continues-to-set-records-hits-all-time-high/) - LAS VEGAS, NV – When it comes to apartments in Las Vegas, they’ve never been more in-demand than they currently are now. And when it comes to what people are paying for those in-demand apartments, it seems that is yet another aspect of life in the Southern Nevada region that’s hit an all-time high. Reports indicate
- [Las Vegas Home Prices Now Increasing Faster Than National Average; S&P CoreLogic Case-Shiller Index](https://www.shelterrealty.com/2021/11/01/las-vegas-home-prices-now-increasing-faster-than-national-average/) - LAS VEGAS, NV – Vegas, long thought of as one of the most cost-effective and affordable places to live in the United States, will likely hold onto that distinction for quite some time to come. However, at least one aspect of that impressive reputation has been starting to unravel in recent months, with a report
- [KISS Frontman Gene Simmons Lists Las Vegas Home for $15M Six Months After Purchase](https://www.shelterrealty.com/2021/10/29/kiss-frontman-gene-simmons-lists-las-vegas-home-for-15m-less-than-1-year-after-purchase/) - LAS VEGAS, NV - Less than one year after purchasing the property, legendary KISS rock-and-roller Gene Simmons has listed his luxury home overlooking the Las Vegas Strip for $15 million, which is over $4 million than what he originally paid for it back in May of this year. Simmons had previously purchased the two-story, six-bedroom, 10,871 square-foot residence
- [Las Vegas Based Apartment Complex 'Ely at The Curve' Purchased for $156 Million](https://www.shelterrealty.com/2021/10/27/las-vegas-based-apartment-complex-ely-at-the-curve-purchased-for-156-million/) - LAS VEGAS, NV – Ely at The Curve, a 456-unit apartment complex located in the Spring Valley suburb of Las Vegas, has been purchased by Chicago-based LaSalle Investment Management from previous owners, The Calida Group, for $155.6 million. Ely at The Curve, which offers easy access to not only the Las Vegas Strip, the greater Las Vegas
- [Dallas Real Estate Firm Purchases $345 Million in Las Vegas Apartment Properties](https://www.shelterrealty.com/2019/12/26/dallas-real-estate-firm-purchases-345-million-in-las-vegas-apartment-properties/) - LAS VEGAS, NV - NexPoint Residential Trust, a real estate firm based in Dallas, Texas, recently made a huge purchase of Las Vegas rental properties to the tune of $345 Million, signifying the group’s desire to get in on the Southern Nevada apartment scene in a big way. NexPoint acquired four apartment complexes recently- the 528-unit
- [Southern Nevada Real Estate Market Seeing Increase in Infill Housing Being Built In The Las Vegas Valley](https://www.shelterrealty.com/2021/10/25/southern-nevada-real-estate-market-seeing-increase-in-infill-housing/) - LAS VEGAS, NV – Infill housing – the insertion of additional housing units into an already-approved subdivision or neighborhood – has been increasing in the Southern Nevada real estate marketplace, with the newest example being Casa Bella, a housing development currently being built in the Las Vegas Valley. The new development, with is under development in
- [NVSAA Report Shows Apartment Marketplace in Las Vegas Is Among The Fastest Growing in U.S.](https://www.shelterrealty.com/2021/10/22/nvsaa-report-shows-apartment-marketplace-in-las-vegas-is-among-the-fastest-growing-in-us/) - LAS VEGAS, NV - The Nevada State Apartment Association (NVSAA) released a report earlier this week indicating that the apartment marketplace of Las Vegas is showing definite signs of stabilizing after months of skyrocketing rents and low availability, while nonetheless remaining one of the very fastest-growing markets in the United States. The report shows that, in the
- [Elon Musk’s Boring Company One Step Closer to Starting Las Vegas Loop Project Underneath Famed Las Vegas Strip](https://www.shelterrealty.com/2021/10/20/elon-musks-boring-company-one-step-closer-to-starting-las-vegas-loop-project/) - LAS VEGAS, NV -- Elon Musk’s Boring Company is currently one step closer getting the approvals it needs to begin construction on its so-called “Las Vegas Loop,” which would see the developer of the successful Las Vegas Convention Center “people mover” create a similar project running underneath the famed Las Vegas Strip. Next week, the Boring Company
- [Development of “One of a Kind” Majestic Las Vegas Hotel Slated to Begin in 2022; Prices of Suites Will Start at $10 Million](https://www.shelterrealty.com/2021/10/18/development-of-one-of-a-kind-majestic-las-vegas-hotel-slated-to-begin-in-2022/) - LAS VEGAS, NV – After numerous delays, the construction of the Majestic Las Vegas – a new hotel located just off the Las Vegas Strip – is slated to have its groundbreaking in early 2022 according to the hotel’s website, which touts the facility as being a “one of a kind” non-gaming, non-smoking, ultra luxury resort.
- [Company With $10B Portfolio Buys Vegas Apartments; Among “Most Fundamentally Sound Multifamily U.S. Markets”](https://www.shelterrealty.com/2021/10/15/company-with-10-billion-portfolio-purchases-las-vegas-apartments-says-region-among-most-fundamentally-sound-multifamily-markets-in-us/) - LAS VEGAS, NV – TruAmerica Multifamily, a Los Angeles-based multifamily investment firm that specializes in the acquisition and renovation of large class B apartment properties across the United States, recently announced the acquisition of several rental properties across the country, including a garden-style community in Las Vegas, Nevada. TruAmerica stated that they have “increased their footprint”
- [Atlanta Developer Building Upscale Apartment Complex in Southern Las Vegas Valley](https://www.shelterrealty.com/2021/10/13/atlanta-developer-building-upscale-apartment-complex-in-southern-las-vegas-valley/) - LAS VEGAS, NV – The southernmost edge of the Las Vegas Valley is going to be the recipient of a new upscale apartment complex, compliments of a developer hailing from Atlanta, Georgia that had previously opened another rental property across town during the early stages of the COVID-19 pandemic. Wood Partners is currently in the process of
- [Martha Stewart to Open Restaurant at Paris Las Vegas Hotel and Casino](https://www.shelterrealty.com/2021/10/08/martha-stewart-to-open-restaurant-at-paris-las-vegas-hotel-and-casino/) - LAS VEGAS, NV – Businesswoman, writer, and famed television personality Martha Stewart has announced that she will be opening a restaurant at the Paris Las Vegas Hotel and Casino, which is planning to demolish part of the existing building to make room to accommodate the new eatery. The information for the new venture was obtained via
- [Developer Announces Plans for Two Las Vegas Housing Communities That Come With Free Teslas](https://www.shelterrealty.com/2021/10/01/developer-announces-plans-for-two-las-vegas-housing-communities-that-come-with-free-teslas/) - LAS VEGAS, NV – It’s not every day that you get a car thrown in at no-cost to sweeten the deal when you purchase a home, but that’s the plan that was announced by developer Livv recently, who intends to construct two new housing communities in the Las Vegas area whose residences will all come with
- [Blackstone Enters Agreement to Sell The Cosmopolitan Hotel and Casino of Las Vegas for $5.65 Billion](https://www.shelterrealty.com/2021/09/28/blackstone-enters-agreement-to-sell-the-cosmopolitan-hotel-and-casino-of-las-vegas-for-5-65-billion/) - LAS VEGAS, NV – New York-based private equity firm Blackstone has entered into an agreement with MGM Resorts International to sell operations of The Cosmopolitan, the Las Vegas-based luxury casino and hotel on the Las Vegas Strip, for $1.625 billion. In addition, the hotel and casino’s real estate assets are being purchased by the Cherng Family Trust
- [Las Vegas Real Estate Broker Scott Gragson’s Mansion Listed for Rent at $50K Per Month](https://www.shelterrealty.com/2021/09/27/las-vegas-real-estate-broker-scott-gragsons-mansion-listed-for-rent-at-50k-per-month/) - LAS VEGAS, NV - The mansion of Scott Gragson – a Las Vegas-based real estate broker who is currently serving time in prison in connection with a fatal drunk-driving accident – has been listed on the rental market, for the whopping price of $50,000 per month. The mansion, located at 5 Promontory Ridge Drive in The
- [Developer Planning to Build 55+ Apartment Complex Next to Sunset Station Casino](https://www.shelterrealty.com/2021/09/23/developer-planning-to-build-55-apartment-complex-next-to-sunset-station-casino/) - LAS VEGAS, NV - A developer has announced plans to construct an apartment complex catering to the 55-and-over community, situated right behind a Las Vegas business that considers those in that age group among its core customer base- Henderson’s Sunset Station Hotel and Casino. Ovation Development has filed plans with Henderson city officials for the apartment
- [Tennessee-Based Developer Unveils New Downtown Las Vegas Luxury Apartment Complex](https://www.shelterrealty.com/2021/09/20/tennessee-based-developer-unveils-new-downtown-las-vegas-luxury-apartment-complex/) - LAS VEGAS, NV - Auric Symphony Park, a new luxury apartment complex situated in downtown Las Vegas, was recently unveiled by Nashville, Tennessee-based developer Southern Land Company, providing some much-needed housing options in that part of the city. Southern Land Company’s vice president of multifamily development west, Kevin House, said that the developer’s founder, Tim Downey, feels
- [Developer to Build $500 Million Mixed-Use Campus in Southwest Las Vegas Valley](https://www.shelterrealty.com/2021/09/17/developer-to-build-500-million-mixed-use-campus-in-southwest-las-vegas-valley/) - LAS VEGAS, NV - The Southwest Las Vegas Valley will be seeing a new $500 million mixed-use campus being constructed in the near future, situated upon an area that was previously home to an aborted attempt at development after the mid-2000’s economy crash that has sat vacant ever since. The project, dubbed Evora, is slated to be
- [Las Vegas On-Course to Become House-Flipping Capital of the Country, Reports Say](https://www.shelterrealty.com/2021/09/15/las-vegas-on-course-to-become-house-flipping-capital-of-the-country-reports-say/) - LAS VEGAS, NV - The housing market in Las Vegas has been setting records for months, thanks in part to cheap money in the form of low-interest mortgages and a serious increase in buyers from out of state - many from California, who are looking for investment opportunities, and when you put those two factors
- [Las Vegas Housing Market Experiences Brief Lull in August Before Skyrocketing Yet Again](https://www.shelterrealty.com/2021/09/13/las-vegas-housing-market-experiences-brief-lull-in-august-before-skyrocketing-yet-again/) - LAS VEGAS, NV – The housing market in Las Vegas has been enjoying a year of success amid skyrocketing home prices that has resulted in all-time records being set while sellers are often offered more than their asking prices by desperate buyers. However, August appeared to buck that trend – albeit only slightly, with prices
- [Investment Management Company, Blackstone Group, Looking to Sell Las Vegas Cosmopolitan for at Least $5 Billion](https://www.shelterrealty.com/2021/09/10/blackstone-group-looking-to-sell-las-vegas-cosmopolitan-for-at-least-5-billion/) - LAS VEGAS, NV - The Blackstone Group, an investment management company based in New York City, is reportedly going to be putting the Cosmopolitan resort of Las Vegas up for sale, and their hefty asking price is said to be at least $5 billion, if not more. Two years ago, Blackstone had attempted to sell the
- [Developers Announce Plans to Construct $200M High-Rise Apartment Complex in Southwest Las Vegas](https://www.shelterrealty.com/2021/09/06/developers-announce-plans-to-construct-200m-high-rise-apartment-complex-southwest-las-vegas/) - LAS VEGAS, NV - A developer has announced plans for a $200 million high-rise apartment complex that is slated to be built in southwest Las Vegas, right on the great big empty hole that was left by a previous developer that had the very same idea – albeit unrealized – over 15 years ago. Tim Deters, founder
- [Supreme Court’s Decision to Throw Out Eviction Ban Comes Too Late for Many Small Landlords](https://www.shelterrealty.com/2021/09/01/supreme-courts-decision-to-throw-out-eviction-ban-comes-too-late-for-many-small-landlords/) - LAS VEGAS, NV - Last week, the United States Supreme Court’s decision to overrule the Biden Administration’s latest eviction moratorium – originally enacted to avoid homelessness in the midst of the COVUD-19 pandemic – is nonetheless a prime example of being far too little in the face of far too much, reports say. The Supreme Court
- [Las Vegas Home Prices Set All-Time Records, But Still Below Pre-Recession Value Levels Due to Inflation](https://www.shelterrealty.com/2021/08/20/las-vegas-home-prices-set-all-time-records-but-still-below-pre-recession-value-levels-due-to-inflation/) - LAS VEGAS, NV - As the months go by and the economy continues to improve emerging – ever-so-slowly – away from the COVID-19 pandemic, records continue to be broken on a regular basis in Las Vegas’ housing market. But according to experts, while home prices are the highest they’ve ever been in Southern Nevada, there’s
- [Arizona Developer Planning to Break Ground This Year on North Las Vegas Rental Houses](https://www.shelterrealty.com/2021/08/18/arizona-developer-planning-to-break-ground-this-year-on-north-las-vegas-rental-houses/) - LAS VEGAS, NV - North Las Vegas is set to receive a slew of new rentals homes soon to help address Southern Nevada’s intense housing demand, as an Arizona developer has announced that they are set to break ground on a tract of dwellings later this year. Rental homes have made up a growing segment of the
- [Las Vegas Housing Prices Set All-Time Record, Shoot Past $400K for First Time Ever](https://www.shelterrealty.com/2021/08/11/las-vegas-housing-prices-set-all-time-record-shoot-past-400k-for-first-time-ever/) - LAS VEGAS, NV - The Las Vegas housing market continues to astound, as a unique, all-time record was set last month; the price of previously owned single-family homes shot past the $400,000 mark, a boon for sellers but a sign that has some buyers worrying that they may be priced out of the market if this
- [Las Vegas Real Estate So Hot Even Burnt-Down Houses Are Flying Off The Market](https://www.shelterrealty.com/2021/08/09/las-vegas-real-estate-so-hot-even-burnt-down-houses-are-flying-off-the-market/) - LAS VEGAS, NV - It seems that that real estate in Las Vegas is getting so in-demand that even the shell of a burnt-out house will sell in near record-setting time. A scorched and gutted one-story home, located off Cheyenne Avenue east of Interstate 15, features numerous boarded-up windows and no roof, back door, or many
- [Delving Into Growing Area of Las Vegas’ Rental Business: Newly Built Single-Family Houses](https://www.shelterrealty.com/2021/07/27/delving-into-growing-area-of-las-vegas-rental-business-newly-built-single-family-houses/) - LAS VEGAS, NV - Amid a white-hot real estate marketplace, one of the fastest-growing areas of the Las Vegas rental business is turning out to be newly built single-family houses, and a local developer is jumping into it with both feet. With plans for two projects already drawn up for a total of approximately 450 homes,
- [Housing in Demand: Summerlin Townhouse Complex Sold Out Before Construction Even Begins](https://www.shelterrealty.com/2021/07/23/housing-in-demand-summerlin-townhouse-complex-sold-out-before-construction-even-begins/) - LAS VEGAS, NV - Thrive, a new townhouse complex in Summerlin, has exemplified the massive demand for housing options in Southern Nevada in a very eye-opening way- by completely selling out of all its units before the project has even broken ground. Developer Edward Homes notes that Thrive isn’t actually slated to begin construction until
- [Demand: Las Vegas Rents Currently Growing Faster Than Any Other Large U.S. Metro Area](https://www.shelterrealty.com/2021/07/19/las-vegas-rents-currently-growing-faster-than-any-other-large-u-s-metro-area/) - LAS VEGAS, NV - Low inventory and high demand of apartment units in the Las Vegas Valley are causing rents to skyrocket to near record-breaking levels, a sign of Nevada’s economic recovery as COVID-19 ebbs into its final days. However, the continuing increases in rent in Clark County has come with a downside as well;
- [Ariva Apartment Complex Currently Slated to Open South of Las Vegas Strip by End of 2021](https://www.shelterrealty.com/2021/07/16/ariva-apartment-complex-currently-slated-to-open-south-of-las-vegas-strip-by-end-of-2021/) - LAS VEGAS, NV – A huge apartment building slated to open just south of the famed Las Vegas Strip by the end of 2021, is expected to add more options to the cityscape for people looking for homes to rent near the very heart of Vegas. Ariva – a 754-unit complex situated several miles off
- [Sales of Homes in Ascaya Luxury Master-Planned Community in Henderson Are Soaring](https://www.shelterrealty.com/2021/07/14/sales-of-homes-in-ascaya-luxury-master-planned-community-in-henderson-are-soaring/) - LAS VEGAS, NV – According to reports, Ascaya – a master-planned luxury community located in Henderson that was formed by blasting 15 million cubic yards out of a mountain range – has seen sales on-pace to double their number this year when compared to 2020, a year when sales profits were already at a level that
- [Las Vegas Homes Continue to Sell at Lightning Pace; Overall Total Sales Begin to Stabilize](https://www.shelterrealty.com/2021/07/09/las-vegas-homes-continue-to-sell-at-lightning-pace-overall-total-sales-begin-to-stabilize/) - LAS VEGAS, NV – The house selling boom that’s taken the nation – and particularly Las Vegas – in its iron grip since the COVID-19 pandemic has begun easing off has finally begun to show some early signs of stabilizing and cooling down, despite the fact that many new homes introduced to the market are
- [“Vegas Modern 001” $25 Million Deal Sets Record for Highest Priced Home Sale in Las Vegas History](https://www.shelterrealty.com/2021/07/07/vegas-modern-001-25-million-deal-sets-record-for-highest-priced-home-sale-in-las-vegas-history/) - LAS VEGAS, NV – In a real estate marketplace such as Las Vegas that is regularly setting records as of late, it takes a whopper of a deal to stand out; one such deal has just taken place, and it has broken the all-time record for the highest-priced home sale in Southern Nevada history, according to
- [Clark County’s Short-Term Rental Ban Set to End in 2022; New Regulations Being Drawn up by Officials](https://www.shelterrealty.com/2021/07/02/clark-countys-short-term-rental-ban-set-to-end-in-2022-new-regulations-being-drawn-up-by-officials/) - LAS VEGAS, NV – As of July 1, 2022, reports say, Clark County’s ban on short-term rentals comes to an end, as mandated by legislation passed by state lawmakers; from that point, all short-term rentals must be legalized and regulated, posing a difficult task for county officials. After all, despite the ban that is currently in-place,
- [High-Tech Event Venue MSG Sphere Reaches Major Construction Milestone on Way to 2023 Completion](https://www.shelterrealty.com/2021/06/25/high-tech-event-venue-msg-sphere-reaches-major-construction-milestone-on-way-to-2023-completion/) - LAS VEGAS, NV - The MSG Sphere at the Venetian, the much talked-about high-tech Las Vegas event venue that is currently in the works, reached a major development milestone recently when the final 32 steel beams were bolted into place by the 650-strong construction crew, according to reports. Madison Square Garden Entertainment (MSG) Corporation is the
- [Prices in Vegas Rental Home Marketplace Increasing Among Fastest in Country](https://www.shelterrealty.com/2021/06/23/prices-in-las-vegas-rental-home-marketplace-increasing-among-fastest-in-country/) - LAS VEGAS, NV – According to reports, the prices in the Las Vegas rental home marketplace continue to climb amid the recovering local post-COVID economy, and are now ranking among the fastest increasing in the United States. May saw rental home prices soar as demand remains very high and supply still very low; those factors, combined
- [REPORT: When CDC Moratorium Ends, Over 100,000 Nevada Residents Face Eviction](https://www.shelterrealty.com/2021/06/21/report-when-cdc-moratorium-ends-over-100000-nevada-residents-face-eviction/) - LAS VEGAS, NV – According to reports, when the federal eviction moratorium imposed by the Centers for Disease Control and Prevention (CDC) expires at the end of this month, at least 100,000 Nevada residents – and with some estimates placing that number as high as 140,000 – are facing being legally removed from their dwellings due
- [Howard Hughes Corp. Starts Construction on Two New Las Vegas Apartment, Office Projects](https://www.shelterrealty.com/2021/06/18/howard-hughes-corp-starts-construction-on-two-new-las-vegas-apartment-office-projects/) - LAS VEGAS, NV – Howard Hughes Corp. has announced that they have begun development on two different projects in Las Vegas that will comprise both office space and rental apartments, according to recent reports. The first of these projects is an upscale office building located in the vicinity of the Las Vegas Ballpark; the second project
- [Las Vegas Real Estate Market Trends Continue - Prices Soar, Supply Lags; On Pace To Exceed Last Year’s Total](https://www.shelterrealty.com/2021/06/16/las-vegas-real-estate-market-trends-continue-prices-soar-supply-lags/) - LAS VEGAS, NV – According to reports, prices of homes in Las Vegas are continuing to soar based on continuing demand, while the supply of homes to placate the need for housing options is still falling far behind, proving the truism of the age-old adage of “supply and demand.” The current median price of existing single-family
- [Vacant Lot off Las Vegas Strip Purchased for $12M by North Dakota Native American Tribe](https://www.shelterrealty.com/2021/06/09/vacant-lot-off-las-vegas-strip-purchased-for-12m-by-north-dakota-native-american-tribe/) - LAS VEGAS, NV – A Native American tribe in North Dakota, flush with cash – $1.7 billion in tax revenues, to be exact – from lucrative oil-drilling operations they have carried out on their land for the past 15 years, have used some of those profits to purchase a multi-million dollar vacant lot adjacent to
- [Futuristic, Cutting-Edge Property Could be Henderson's Most Expensive Listing Ever at $28 Million](https://www.shelterrealty.com/2021/06/07/futuristic-cutting-edge-property-could-be-hendersons-most-expensive-listing-ever-at-28-million/) - LAS VEGAS, NV – According to reports, a futuristic new mansion boasting numerous cutting-edge amenities has just hit the Henderson, Nevada marketplace, and if it sells for anywhere near its asking price, it could go down as the most expensive residence sold in the region. The new listing, dubbed “Vegas Modern 001,” is currently going for
- [Vintage Apartment Complex in Convention Center District of Las Vegas Sold, Reports Say](https://www.shelterrealty.com/2021/06/04/vintage-apartment-complex-in-convention-center-district-of-las-vegas-sold-reports-say/) - LAS VEGAS, NV – According to reports, a vintage apartment complex located in the Convention Center District of Las Vegas has been sold to the Camino Verde Group, a Southern Nevada-based real estate investment, development and asset management company, with this being the fourth such purchase they've made in this area recently. Kevin Romney, co-founder and
- [Courts in Las Vegas Ready Themselves for Mass Influx of Eviction Cases after End of State Moratorium](https://www.shelterrealty.com/2021/06/02/courts-in-las-vegas-ready-themselves-for-mass-influx-of-eviction-cases-after-end-of-state-moratorium/) - LAS VEGAS, NV – Courts in Las Vegas are steeling themselves for a massive influx of eviction cases as the eviction moratorium set by Governor Steve Sisolak finally came to an end as of May 31, with thousands of local residents who may have lost their income due to the COVID-19 pandemic shutdown facing expulsion
- [Tips For Tenants: Becoming A Tenant For The First Time](https://www.shelterrealty.com/2021/06/01/tips-for-tenants-becoming-a-tenant-for-the-first-time/) - LAS VEGAS, NV - Finally moving out of your parent’s place into the big bad world? Naturally, you’ll have more responsibility, and will have to look out for yourself more. You’ll need to learn about things like paying bills you’re not used to paying for, and that you should always read any paperwork you’re given
- [KISS Rocker Gene Simmons Purchases Henderson Home, Adjacent Land for Nearly $11 Million](https://www.shelterrealty.com/2021/05/31/kiss-rocker-gene-simmons-purchases-henderson-home-for-nearly-11-million/) - LAS VEGAS, NV – According to recent reports, KISS rock star Gene Simmons has splashed out for a lavish home in the Las Vegas Henderson hills master-planned community of Ascaya – in addition to a large plot of land next to it for privacy and potential future expansion – land he purchased for a whopping tune
- [Nevada Lawmakers Unveil New Bill that Would Require Landlords to Delay Evictions as Moratorium End Approaches](https://www.shelterrealty.com/2021/05/28/nevada-lawmakers-unveil-new-bill-that-would-require-landlords-to-delay-evictions-as-moratorium-end-approaches/) - LAS VEGAS, NV – As the last days of the eviction moratorium tick away until the end of the ban finally occurs on May 31, lawmakers in the Nevada State Assembly have announced a new bill which, if passed and signed into law, would delay eviction proceedings for some tenants, reports say. Assembly Bill 486 would
- [2021 Could See Major Las Vegas Real Estate Milestone: Highest Price Ever Paid for a Home?](https://www.shelterrealty.com/2021/05/26/2021-could-see-major-las-vegas-real-estate-milestone-highest-price-ever-paid-for-a-home/) - LAS VEGAS, NV – Reports indicate that, given the ongoing boom in terms of the sale of ultra-luxury homes in the Las Vegas Valley in recent months, the very real possibility is looming that 2021 could see an especially impressive milestone reached in terms of real estate - the highest price ever paid for a home
- [Prices in Las Vegas Rental Market Continue to Rise with Ongoing “Incredible” Demand](https://www.shelterrealty.com/2021/05/24/prices-in-las-vegas-rental-market-continue-to-rise-with-ongoing-incredible-demand/) - LAS VEGAS, NV – When you combine a relatively small amount of rentals with ever-increasing demand, only one thing is certain: princes are going to go up and up, and that’s exactly what they’re doing in Las Vegas, Nevada, according to recent reports. A new study indicates that rental prices in the Southern Nevada region are
- [Tenant Protections Bill Opposed by Landlord Advocates Dead; Fails to Advance in Nevada State Assembly](https://www.shelterrealty.com/2021/05/19/tenant-protections-bill-opposed-by-landlord-advocates-dead-fails-to-advance-in-nevada-state-assembly/) - LAS VEGAS, NV – A bill that would have increased protections for renters in Nevada has apparently failed to clear the State Assembly and is essentially considered “dead,” according to reports. Senate Bill 218 would have required a three-day grace period before landlords or property managers could have charged a tenant fees for a late rent
- [Las Vegas Raiders Owner Mark Davis Closes on $5.3 Million Summerlin Tower Condo](https://www.shelterrealty.com/2021/05/14/las-vegas-raiders-owner-mark-davis-closes-on-5-3-million-summerlin-tower-condo/) - LAS VEGAS, NV – Las Vegas Raiders owner Mark Davis recently closed on a new $5.3 million clubhouse tower condo in Summerlin’s Summit Club, in addition to having recently purchased property in Ascaya – located in the Henderson mountains – upon which he intends to build his primary residence, according to reports. Obviously needing a new
- [Real Estate Experts Offer Tips on Navigating Cutthroat Las Vegas Rental Marketplace](https://www.shelterrealty.com/2021/05/12/real-estate-experts-offer-tips-on-navigating-cutthroat-las-vegas-rental-marketplace/) - LAS VEGAS, NV – With the demand for rentals in Las Vegas absolutely on fire, real estate experts have stepped up to offer some helpful tips for those who may have grown frustrated in their attempts to successfully navigate the at-times cutthroat rental market in Southern Nevada. This spring in Las Vegas, as many as ten prospective
- [In Southern Nevada, “Full Price Now A Weak Offer” As Las Vegas Real Estate Scene Commands Top Dollar](https://www.shelterrealty.com/2021/05/10/current-las-vegas-real-estate-home-offers-full-price-is-a-weak-offer/) - LAS VEGAS, NV - Following a slight dip due to the ongoing COVID-19 pandemic, the real estate scene in Las Vegas has not only recovered, but is currently in such a state that an offer for the requested price point of any given home is quickly becoming a “weak offer,” according to recent reports. Jordan Rodriguez,
- [Federal Judge Strikes Down CDC's Nationwide Eviction Moratorium Saying The Agency Exceeded Its Authority; DOJ Will Appeal](https://www.shelterrealty.com/2021/05/07/federal-judge-strikes-down-cdcs-nationwide-eviction-moratorium-ruling-agency-exceeded-its-authority/) - LAS VEGAS, NV – On Wednesday, a federal judge overturned the COVID-19 national eviction moratorium enacted by the Centers for Disease Control and Prevention (CDC) that was currently set to expire at the end of June, which may be the catalyst for millions of evictions across the country if the decision is allowed to stand. Judge Dabney
- [Airbnb Prohibits One-Night Rentals in Las Vegas – and Across Country – Over Fourth of July Weekend](https://www.shelterrealty.com/2021/05/05/airbnb-prohibits-one-night-rentals-in-las-vegas-and-across-country-over-fourth-of-july-weekend/) - LAS VEGAS, NV - According to reports, Airbnb has announced that they will be blocking one-night rentals in Las Vegas – and across the United States as a whole – during the Fourth of July weekend, and only guests with a significant history of positive reviews in their previous Airbnb transactions will be allowed to
- [New Report Shows Las Vegas Apartment Demand Still Strong and Growing](https://www.shelterrealty.com/2021/05/03/new-report-shows-las-vegas-apartment-demand-still-strong-and-growing/) - LAS VEGAS, NV - According to a recently-released report from the Nevada State Apartment Association (NVSAA), the demand in the apartment market in Las Vegas has continued to remain strong and has even shown signs of growth, despite the impact of the COVID-19 pandemic on the Southern Nevada economy over the course of the past year.
- [Estate of Former Las Vegas Casino Executive Barry Shier Sets 2021 Record with $11.3 Million Sale](https://www.shelterrealty.com/2021/04/28/estate-of-former-las-vegas-casino-executive-barry-shier-sets-2021-record-with-11-3-million-sale/) - LAS VEGAS, NV – Yet another real estate record was set in Las Vegas recently when the French countryside-style estate of former casino executive Barry Shier sold for a whopping $11.3 million, the highest price yet paid for a home in 2021. That impressive record seems destined to be short-lived, surprisingly enough; in the Henderson hillside
- [New Luxury Apartment Community “Auric Symphony Park” Opening in Downtown Las Vegas](https://www.shelterrealty.com/2021/04/23/new-luxury-apartment-community-auric-symphony-park-opening-in-downtown-las-vegas/) - LAS VEGAS, NV – According to reports, Auric Symphony Park – a new luxury midrise apartment community at Symphony Park in downtown Las Vegas – has officially begun pre-leasing units, according to an announcement by Southern Land Company. Southern, a national real estate developer whose mixed-use developments and master-planned communities have won awards, will be holding
- [Real Estate Investment Firm Sells Three Las Vegas Apartment Properties for $182 Million](https://www.shelterrealty.com/2021/04/21/real-estate-investment-firm-sells-three-las-vegas-apartment-properties-for-182-million/) - LAS VEGAS, NY – Tower 16 Capital Partners, a real estate investment and management company based out of San Diego, has recently sold a three-property group of apartment buildings located in Las Vegas for the whopping total of $182 million, according to reports. The three apartment buildings in question include Accent on Rainbow, a 540-unit complex
- [Las Vegas Castle-Styled Mansion Owned by Magician Lance Burton on Market for $4.49 Million](https://www.shelterrealty.com/2021/04/12/las-vegas-castle-styled-mansion-owned-by-magician-lance-burton-on-market-for-4-40-million/) - LAS VEGAS, NV – The elaborate, castle-styled mansion owned by magician Lance Burton, located in Henderson, Nevada, has been listed on the market for a whopping $4.49 million, according to reports. The move comes after Burton moved from Las Vegas – he hasn’t performed there since 2018 – to a farm based in Kentucky in late
- [California Company Starting Construction on $327 Million Las Vegas Valley Factory](https://www.shelterrealty.com/2021/04/02/california-company-starting-construction-on-327-million-las-vegas-valley-factory/) - LAS VEGAS, NV – The community of Henderson, located on the tip of the Las Vegas Valley, is set to receive a new factory next year, as a California-based company is gearing up to soon begin construction on the $327 Million facility, according to reports. Haas Automation, a company that builds machines for manufacturers, currently has
- [Las Vegas Couple Suing “Property Brothers” TV Show Over Alleged Sub-Par Renovations](https://www.shelterrealty.com/2021/03/26/las-vegas-couple-suing-property-brothers-tv-show-over-alleged-sub-par-renovations/) - LAS VEGAS, NV – A Las Vegas-based husband and wife are suing the producers of the well-known reality television show “Property Brothers,” alleging that the renovations to their home carried out by the siblings’ crew were sub-par, according to reports. In 2018, Mindy and Paul King participated in an audition to appear on the reality show,
- [New Online Home Rental Scam Making the Rounds, According to Las Vegas Realtor](https://www.shelterrealty.com/2021/03/22/new-online-home-rental-scam-making-the-rounds-according-to-las-vegas-realtor/) - LAS VEGAS, NV – According to reports, a new online home rental scam is making the rounds, and a Las Vegas realtor is warning people interested in becoming a tenant in the near future to be especially wary of deals that seem too good to be true.. because they most likely are.. Realtor Robert Hau notes
- [Two Las Vegas Realtors Set to Star in Upcoming VH1 Reality Television Series “Selling Summerlin”](https://www.shelterrealty.com/2021/03/19/two-las-vegas-realtors-set-to-star-in-upcoming-vh1-reality-television-series-selling-summerlin/) - LAS VEGAS, NV – According to recent reports, a new Las Vegas-based reality television show will be coming soon that focuses on the city’s expensive luxury housing marketplace. “Selling Summerlin” is set to illustrate “the aggressive and luxurious real estate market in Sin City,” according to a recent announcement by the well-known cable channel VH1, also
- [Las Vegas Now In Top 10 Commercial Real Estate Markets Nationally, Reports Say](https://www.shelterrealty.com/2021/03/17/las-vegas-now-in-top-10-commercial-real-estate-markets-nationally-reports-say/) - LAS VEGAS, NV – According to the National Association of Realtors, Las Vegas now ranks in the top ten of commercial real estate markets in the United States, and considering the fierce competition out there, this achievement is by all means no small feat. The list – which was made public on Wednesday, March 10 –
- [The Harsh Impact of Eviction Bans on One Struggling Las Vegas Mom-and-Pop Landlord](https://www.shelterrealty.com/2021/03/15/the-harsh-impact-of-covid-19-eviction-bans-upon-struggling-las-vegas-mom-and-pop-landlords/) - LAS VEGAS, NV – A local news outlet recently ran an opinion piece written by a struggling local mom-and-pop landlord and the financial hurdles that are constantly being placed in their path as a result of the ongoing pandemic, driving home the point that it’s not only renters who are suffering in myriad ways due to COVID-19.
- [VICI Properties Purchases Multiple Las Vegas Strip Hotels and Casinos for $4 Billion](https://www.shelterrealty.com/2021/03/12/vici-properties-purchases-multiple-las-vegas-strip-hotels-and-casinos-for-4-billion/) - LAS VEGAS, NV – According to recent reports, VICI Properties, a real estate investment trust specializing in casino properties based in New York City, has agreed to purchase several Las Vegas Strip hotels and casinos from seller Las Vegas Sands for the whopping price of $4 billion, which many experts see as a huge vote of
- [Nevada Landlords Pushing Back Against New Proposed Bill That Gives Tenants More Time for Evictions](https://www.shelterrealty.com/2021/03/10/nevada-landlords-pushing-back-against-new-proposed-bill-that-gives-tenants-more-time-for-evictions/) - LAS VEGAS, NV – According to reports, a new proposed bill that would give Nevada tenants more notice before evictions can take place is receiving pushback from groups representing landlords who claim that it would decrease the state’s already low amount of affordable rental housing, in addition to causing yet more hardship for struggling “mom-and-pop” landlords
- [Continuous Eviction Bans Leave Small-Time Landlords Feeling Properties “Hijacked” With Full Backing of Government](https://www.shelterrealty.com/2021/03/08/continuous-eviction-bans-leave-small-time-landlords-feeling-their-properties-have-been-hijacked-with-full-backing-of-government/) - LAS VEGAS, NV – Throughout the ongoing COVID-19 pandemic, nearly all corners of society have been feeling the economic pinch as jobs have been lost and businesses closed, leaving millions without the means to provide for basic needs such as food and shelter. Numerous eviction bans – both on the local and federal level –
- [Experts Predict the Las Vegas Luxury Home Market Will Continue to Heat Up In 2021](https://www.shelterrealty.com/2021/03/05/experts-predict-the-las-vegas-luxury-home-market-will-continue-to-heat-up-in-2021/) - LAS VEGAS, NV – According to recent reports, the Las Vegas real estate market will continue to gain momentum throughout the upcoming year, but its hottest aspect will remain its luxury home sales, which are expected to flourish throughout 2021. With traditional social activity curtailed by precautionary measures put into place by the ongoing COVID-19 pandemic,
- [Increase In Remote Working Creates New Real Estate Trend As More Personal Space Desired](https://www.shelterrealty.com/2021/03/03/increase-in-remote-working-creates-new-trend-with-homebuyers-seeking-more-personal-space-in-real-estate-purchases/) - LAS VEGAS, NV – According to reports, the constant restrictions being put on public space by the ongoing COVOD-19 pandemic have resulted in homebuyers desiring more and more personal space in their real estate purchases to counteract this unusual trend in the marketplace. For example, California resident Aaron Franklin eventually decided to leave his diminutive one-bedroom
- [12 Common Misconceptions About Building a New Home by Industry Experts](https://www.shelterrealty.com/2021/03/02/12-common-misconceptions-about-building-a-new-home-by-industry-experts/) - LAS VEGAS,, NV - With the competitive landscape of the current housing market, many homes are facing bidding wars and selling for well over asking price. In fact, in 2021 there will be a record number of new homes built – the most since before the housing crash of 2008. If you can’t find a
- [The New Normal: Las Vegas Real Estate Tips for Virtual House Hunting In A “Seller’s Market”](https://www.shelterrealty.com/2021/03/01/the-new-normal-las-vegas-real-estate-tips-for-virtual-house-hunting/) - LAS VEGAS, NV – The single most significant purchase one may make in their lifetime is a home. With that being the case, it may seem unusual that often times, this purchase will be made without ever setting foot inside the property, but in today’s “new normal” ushered in by the ongoing COVID-19 pandemic, it’s
- [TPG Real Estate Finance Trust Acquires 27.2 Acres on Outer Edges of Las Vegas Strip from Triple Five Group](https://www.shelterrealty.com/2021/02/24/tpg-real-estate-finance-trust-acquires-27-2-acres-on-outer-edges-of-las-vegas-strip/) - LAS VEGAS, NV – Mortgage lender TPG Real Estate Finance Trust has recently acquired 27.5 acres of prime real estate along the north and south edges of the famed Las Vegas Strip, according to recent reports. TPG acquired the property from Triple Five Group, according to Clark County records, through a “deed in lieu of foreclosure,”
- [How Mom-and-Pop Landlords Can Stay The Course While Eviction Bans Potentially Grow Longer](https://www.shelterrealty.com/2021/02/22/how-mom-and-pop-landlords-can-stay-the-course-while-eviction-bans-potentially-grow-longer/) - LAS VEGAS, NV – According to a recent Forbes article, the Centers for Disease Control and Prevention (CDC) has recently extended the renter eviction moratorium through the end of March 31 in an effort to curb mass evictions due to financial hardship brought about by the ongoing COVID-19 pandemic. In addition, the proposed $1.9 trillion COVID-19
- [While Millions of Struggling Renters Rely on Eviction Moratoriums, Landlords Reaching the Financial Breaking Point](https://www.shelterrealty.com/2021/02/15/while-millions-of-struggling-renters-rely-on-eviction-moratoriums-landlords-are-reaching-the-financial-braking-point/) - LAS VEGAS, NV – According to a recent CNN article, the extension of the federal eviction moratorium through the end of March 2021 was a desperately-needed lifeline for countless people struggling with financial hardship due to the ongoing COVID-19 pandemic. In addition, President Joe Biden is attempting to pass a bill that would extend that eviction moratorium even

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- [Las Vegas Property Management](https://www.shelterrealty.com/) - Full-service Las Vegas property management. Shelter Realty handles leasing, tenant screening and 24/7 maintenance in Las Vegas, Henderson & North Las Vegas.
- [Selling Your Property Management Business](https://www.shelterrealty.com/sell-property-management-business/) - What's Your Exit Strategy? Interested In Selling Your Property Management Business? Interested in selling your property management business? Shelter Realty is an established property management services company based in Las Vegas, Nevada, with over 600 properties under management and we’ve been growing our business for over a decade. Strategic acquisitions and/or management buyouts are among
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- [Summerlin South, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/summerlin-south/) - Rental Homes & Investment Properties Summerlin South is one of the Las Vegas Valley's premier master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. As one of the most sought-after areas within Summerlin, the community features beautifully maintained neighborhoods, upscale homes, community parks, walking trails, and outstanding
- [Sun City Summerlin, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/sun-city-summerlin/) - Rental Homes & Investment Properties Sun City Summerlin is one of the nation's premier active adult communities and continues to be one of the most desirable locations for age-qualified rental homes and long-term investment properties. Located within Summerlin, this award-winning 55+ community offers beautifully maintained neighborhoods, championship golf courses, recreation centers, fitness facilities, and a
- [Stallion Mountain, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/stallion-mountain-las-vegas/) - Rental Homes & Investment Properties Stallion Mountain is one of east Las Vegas' premier guard-gated golf course communities and continues to be a desirable location for rental homes and long-term investment properties. Known for its beautifully maintained neighborhoods, championship golf course, attractive single-family homes, and peaceful residential atmosphere, Stallion Mountain offers a unique lifestyle that
- [Red Rock Country Club, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/red-rock-country-club/) - Rental Homes & Investment Properties Red Rock Country Club is one of west Las Vegas' premier guard-gated golf course communities and continues to be one of the area's most desirable locations for luxury rental homes and long-term investment properties. Featuring custom residences, championship golf, beautifully landscaped neighborhoods, and breathtaking views of Red Rock Canyon, the
- [Peccole Ranch, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/peccole-ranch-las-vegas/) - Rental Homes & Investment Properties Peccole Ranch is one of west Las Vegas' most established master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Known for its mature landscaping, extensive greenbelts, walking trails, and attractive residential neighborhoods, Peccole Ranch offers a distinctive setting that stands apart from
- [Queensridge, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/queensridge-las-vegas/) - Rental Homes & Investment Properties Queensridge is one of west Las Vegas' most prestigious guard-gated communities and continues to be a highly desirable location for luxury rental homes and long-term investment properties. Known for its elegant architecture, beautifully maintained streets, mature landscaping, and upscale residential atmosphere, Queensridge attracts executives, professionals, retirees, and relocating residents seeking
- [Mountain's Edge, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/mountains-edge-las-vegas/) - Rental Homes & Investment Properties Mountain's Edge is one of Southern Nevada's premier master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Located in southwest Las Vegas, Mountain's Edge features beautifully designed neighborhoods, modern single-family homes, community parks, walking trails, and open desert scenery. Its combination of
- [Lynbrook, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/lynbrook-las-vegas/) - Rental Homes & Investment Properties Lynbrook is a well-established residential community in northwest Las Vegas and continues to be an attractive location for rental homes and long-term investment properties. Featuring a variety of single-family homes, landscaped neighborhoods, and nearby parks, Lynbrook offers residents a comfortable suburban lifestyle with convenient access to the amenities of the
- [Lone Mountain West, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/lone-mountain-west/) - Rental Homes & Investment Properties Lone Mountain West is one of northwest Las Vegas' most desirable residential communities and continues to be an attractive location for rental homes and long-term investment properties. Known for its spacious neighborhoods, larger homesites, scenic desert landscapes, and proximity to Lone Mountain Regional Park, the community offers a quieter residential
- [Valley Vista, North Las Vegas Property Management](https://www.shelterrealty.com/community-resources/valley-vista-north-las-vegas-nevada/) - Rental Homes & Investment Properties Valley Vista is one of North Las Vegas' newest master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Featuring contemporary single-family homes, thoughtfully designed neighborhoods, community parks, walking trails, and convenient access to shopping and major transportation routes, Valley Vista attracts families,
- [Tuscany Village, Henderson Property Management](https://www.shelterrealty.com/community-resources/tuscany-village-henderson-nevada/) - Rental Homes & Investment Properties Tuscany Village is one of Henderson's premier guard-gated master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Known for its Mediterranean-inspired architecture, attractive single-family homes, championship golf course, and resort-style amenities, Tuscany Village attracts families, professionals, retirees, and relocating residents seeking an
- [Tule Springs, North Las Vegas Property Management](https://www.shelterrealty.com/community-resources/tule-springs-north-las-vegas/) - Rental Homes & Investment Properties Tule Springs is one of North Las Vegas' newest master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Featuring contemporary single-family homes, thoughtfully planned neighborhoods, community parks, walking trails, and convenient access to outdoor recreation, Tule Springs attracts families, professionals, retirees, and
- [The Vistas, Summerlin Property Management](https://www.shelterrealty.com/community-resources/the-vistas/) - Rental Homes & Investment Properties The Vistas is one of Summerlin's most desirable residential villages and continues to be a highly sought-after location for rental homes and long-term investment properties. Known for its beautifully planned neighborhoods, elevated homesites, expansive parks, walking trails, and scenic views of Red Rock Canyon, The Vistas attracts families, professionals, executives,
- [The Lakes, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/the-lakes-nevada/) - Rental Homes & Investment Properties The Lakes is one of west Las Vegas' most established master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Centered around a scenic private lake, the community offers attractive single-family homes, waterfront residences, mature landscaping, and a peaceful residential atmosphere that stands
- [Sun City Anthem, Henderson Property Management](https://www.shelterrealty.com/community-resources/sun-city-anthem/) - Rental Homes & Investment Properties Sun City Anthem is one of Henderson's premier age-restricted communities and continues to be one of Southern Nevada's most desirable locations for rental homes and long-term investment properties. Designed exclusively for active adults aged 55 and older, Sun City Anthem features beautifully maintained single-family homes, resort-style clubhouses, walking trails, fitness
- [Summerlin, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/summerlin-nevada/) - Summerlin, Nevada is a wealthy master-planned community in the Las Vegas Valley of Nevada, located near the Spring Mountains and Red Rock Canyon.
- [Spring Mountain Ranch, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/spring-mountain-ranch-las-vegas/) - Rental Homes & Investment Properties Spring Mountain Ranch is one of northwest Las Vegas' most desirable residential communities and continues to be a popular location for rental homes and long-term investment properties. Featuring spacious single-family homes, gated neighborhoods, nearby parks, and scenic mountain views, Spring Mountain Ranch attracts families, professionals, retirees, and relocating residents seeking
- [Spring Valley, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/spring-valley-nevada/) - Rental Homes & Investment Properties Spring Valley is one of the Las Vegas Valley's largest and most established residential communities and continues to be a highly desirable location for rental homes and long-term investment properties. Located just west of the Las Vegas Strip, Spring Valley features a diverse mix of single-family homes, townhomes, condominiums, and
- [Spanish Trail, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/spanish-trail-nevada/) - Rental Homes & Investment Properties Spanish Trail is one of Las Vegas' most distinguished guard-gated master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Known for its beautifully landscaped neighborhoods, scenic lakes, championship golf courses, and luxury residences, Spanish Trail attracts executives, professionals, retirees, and relocating residents
- [Southern Highlands, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/southern-highlands-nevada/) - Rental Homes & Investment Properties Southern Highlands is one of the southern Las Vegas Valley's premier master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Featuring elegant single-family homes, luxury estates, beautifully maintained neighborhoods, parks, and the renowned Southern Highlands Golf Club, the community attracts families, professionals,
- [Silverado Ranch, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/silverado-ranch-nevada/) - Rental Homes & Investment Properties Silverado Ranch is one of the southern Las Vegas Valley's most established residential communities and continues to be a highly desirable location for rental homes and long-term investment properties. Featuring a diverse mix of single-family homes, townhomes, and residential neighborhoods, Silverado Ranch attracts families, professionals, healthcare workers, airport employees, and
- [Siena, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/siena-las-vegas-nevada/) - Rental Homes & Investment Properties Siena is one of Las Vegas' premier age-restricted master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Designed exclusively for active adults aged 55 and older, Siena offers beautifully maintained single-family homes, thoughtfully planned neighborhoods, championship golf, walking trails, and resort-style amenities
- [Skye Canyon, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/skye-canyon/) - Rental Homes & Investment Properties Skye Canyon is one of northwest Las Vegas' fastest-growing master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Featuring contemporary single-family homes, thoughtfully designed neighborhoods, community parks, walking trails, and convenient access to outdoor recreation, Skye Canyon attracts families, professionals, retirees, and
- [Seven Hills, Henderson Property Management](https://www.shelterrealty.com/community-resources/seven-hills-nevada/) - Rental Homes & Investment Properties Seven Hills is one of Henderson's most desirable master-planned communities and continues to be a highly sought-after location for rental homes and long-term investment properties. Known for its elevated neighborhoods, beautifully maintained streets, scenic desert surroundings, and championship golf course, Seven Hills attracts families, professionals, executives, retirees, and relocating residents
- [Rhodes Ranch, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/rhodes-ranch-nevada/) - Rental Homes & Investment Properties Rhodes Ranch is one of southwest Las Vegas' premier guard-gated master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Featuring attractive single-family homes, beautifully landscaped neighborhoods, a championship golf course, and extensive community amenities, Rhodes Ranch attracts families, professionals, retirees, and relocating
- [Reverence, Summerlin Property Management](https://www.shelterrealty.com/community-resources/reverence-nevada/) - Rental Homes & Investment Properties Reverence is one of Summerlin's newest and most desirable master-planned villages and continues to be a highly sought-after location for rental homes and long-term investment properties. Featuring contemporary single-family homes, elevated neighborhoods, scenic desert surroundings, and exceptional views of the Las Vegas Valley, Reverence attracts families, professionals, executives, and relocating
- [Providence, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/providence-nevada/) - Rental Homes & Investment Properties Providence is one of northwest Las Vegas' premier master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Featuring newer single-family homes, thoughtfully designed neighborhoods, community parks, walking trails, and convenient access to shopping and major transportation routes, Providence attracts families, professionals, retirees,
- [Paradise, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/paradise-nevada/) - Rental Homes & Investment Properties Paradise is one of Southern Nevada's most dynamic residential and commercial communities and continues to be a highly desirable location for rental homes and long-term investment properties. Although many people associate Paradise with the Las Vegas Strip, the community also includes established residential neighborhoods, condominiums, townhomes, and single-family homes that
- [Painted Desert, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/painted-desert-nevada/) - Rental Homes & Investment Properties Painted Desert is one of northwest Las Vegas' most established guard-gated golf course communities and continues to be a desirable location for rental homes and long-term investment properties. Featuring attractive single-family homes, mature landscaping, scenic desert surroundings, and a championship golf course, Painted Desert offers residents a peaceful residential lifestyle
- [Mountain's Edge, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/mountains-edge-nevada/) - Rental Homes & Investment Properties Mountain's Edge is one of southwest Las Vegas' most desirable master-planned communities and continues to be a popular location for rental homes and long-term investment properties. Featuring contemporary single-family homes, thoughtfully designed neighborhoods, expansive parks, walking trails, and convenient access to shopping, dining, and major transportation routes, Mountain's Edge attracts
- [MacDonald Highlands, Henderson Property Management](https://www.shelterrealty.com/community-resources/macdonald-highlands/) - Rental Homes & Investment Properties MacDonald Highlands is one of Henderson's most prestigious master-planned communities and continues to be one of Southern Nevada's premier locations for luxury rental homes and long-term investment properties. Known for its custom estates, elevated desert setting, panoramic views of the Las Vegas Valley, and private residential neighborhoods, MacDonald Highlands attracts
- [Los Prados, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/los-prados-nevada/) - Rental Homes & Investment Properties Los Prados is one of northwest Las Vegas' most established guard-gated golf course communities and continues to be a desirable location for rental homes and long-term investment properties. Featuring attractive single-family homes, beautifully maintained neighborhoods, mature landscaping, and a scenic championship golf course, Los Prados offers residents a peaceful residential
- [Lake Las Vegas, Henderson Property Management](https://www.shelterrealty.com/community-resources/lake-las-vegas-nevada/) - Lake Las Vegas is a 3,592-acre developed area built around a 320-acre man-made lake; owing to several resorts located within its boundaries.
- [Iron Mountain Ranch, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/iron-mountain-ranch-las-vegas-nevada/) - Rental Homes & Investment Properties Iron Mountain Ranch is one of northwest Las Vegas' most desirable gated communities and continues to attract strong interest from homeowners, renters, and long-term investment property owners. Featuring spacious single-family homes, attractive neighborhoods, nearby parks, and scenic mountain views, Iron Mountain Ranch offers a quiet residential lifestyle while remaining conveniently
- [Inspirada, Henderson Property Management](https://www.shelterrealty.com/community-resources/inspirada-henderson-nevada/) - Rental Homes & Investment Properties Inspirada is one of Henderson's fastest-growing master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Featuring contemporary single-family homes, thoughtfully designed neighborhoods, expansive parks, walking trails, and modern community amenities, Inspirada attracts families, professionals, retirees, and relocating residents seeking a newer community
- [Green Valley, Henderson Property Management](https://www.shelterrealty.com/community-resources/green-valley-nevada/) - Rental Homes & Investment Properties Green Valley is one of Henderson's most established and desirable master-planned communities and continues to be a popular location for rental homes and long-term investment properties. Known for its mature landscaping, well-maintained neighborhoods, excellent schools, and convenient access to shopping, dining, and major employment centers, Green Valley attracts families, professionals,
- [Eldorado, North Las Vegas Property Management](https://www.shelterrealty.com/community-resources/eldorado-nevada/) - Rental Homes & Investment Properties Eldorado is one of North Las Vegas' established master-planned communities and continues to be a desirable location for rental homes and long-term investment properties. Featuring attractive single-family homes, neighborhood parks, walking trails, and convenient access to shopping and major transportation routes, Eldorado appeals to families, professionals, retirees, and first-time renters
- [Desert Shores, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/desert-shores-nevada/) - Desert Shores is a master-planned community located within Clark County Nevada, residing in the northwest at the eastern edge of Summerlin.
- [Centennial Hills, Las Vegas Property Management](https://www.shelterrealty.com/community-resources/centennial-hills/) - Rental Homes & Investment Properties Centennial Hills is one of northwest Las Vegas' fastest-growing residential communities and continues to be a popular destination for rental homes and long-term investment properties. Featuring newer single-family homes, master-planned neighborhoods, parks, shopping, and convenient access to major transportation routes, Centennial Hills attracts families, professionals, retirees, and individuals seeking a
- [Cadence, Henderson Property Management](https://www.shelterrealty.com/community-resources/cadence-henderson/) - Rental Homes & Investment Properties Cadence is one of Henderson's fastest-growing master-planned communities and continues to attract strong interest from both homeowners and rental property investors. Featuring newer single-family homes, thoughtfully designed neighborhoods, community parks, walking trails, and convenient access to shopping and major transportation routes, Cadence has quickly become one of the area's most
- [Anthem Highlands, Henderson Property Management](https://www.shelterrealty.com/community-resources/anthem-highlands-nevada/) - Rental Homes & Investment Properties Anthem Highlands is one of Henderson's premier residential communities, offering an appealing mix of spacious single-family homes, gated neighborhoods, and scenic desert surroundings. Located within the larger Anthem master-planned community, Anthem Highlands continues to attract renters and property owners seeking a peaceful residential setting with convenient access to shopping, parks,
- [Anthem Country Club, Henderson Property Management](https://www.shelterrealty.com/community-resources/anthem-country-club/) - Rental Homes & Investment Properties Anthem Country Club is one of Henderson's most prestigious guard-gated communities and remains a highly sought-after location for luxury rental homes and long-term investment properties. Featuring custom estates, executive residences, a private championship golf course, and exceptional community amenities, Anthem Country Club attracts professionals, executives, retirees, and relocating families seeking
- [Anthem, Henderson Property Management](https://www.shelterrealty.com/community-resources/anthem-nevada/) - Rental Homes & Investment Properties Anthem is one of Henderson's most prestigious master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Known for its elevated location, beautifully maintained neighborhoods, scenic mountain views, and upscale residential atmosphere, Anthem attracts families, professionals, retirees, and executives seeking a high-quality lifestyle
- [Aliante, North Las Vegas Property Management](https://www.shelterrealty.com/community-resources/aliante-nevada/) - Aliante, located in North Las Vegas, Nevada, is a 1,900 acre master-planned community originally opened in May of 2003.
- [Las Vegas Rent Collection Services](https://www.shelterrealty.com/las-vegas-property-management/rent-collection/) - Reliable Rent Collection for Owners, Convenient Payments for Tenants Collecting rent is one of the most important responsibilities of any property management company. Shelter Realty Property Management provides owners with a professional rent collection process designed to help maximize cash flow while giving tenants several convenient payment options. From online payments to retail payment locations,
- [Short-Term Rentals In Las Vegas](https://www.shelterrealty.com/las-vegas-property-management/short-term-rentals/) - Short term rentals are an excellent way to increase monthly profit on any residential real estate investment.
- [Summerlin West, Las Vegas Property Management](https://www.shelterrealty.com/summerlin-west-las-vegas-property-management/) - Rental Homes & Investment Properties Summerlin West is one of the newest and fastest-growing areas within Summerlin and continues to be a highly desirable location for rental homes and long-term investment properties. Featuring contemporary neighborhoods, thoughtfully designed parks, scenic walking trails, and beautiful views of Red Rock Canyon, Summerlin West offers an exceptional quality of
- [Sitemap](https://www.shelterrealty.com/sitemap/) - About Shelter Realty Property Management January 12, 2026 Accessibility Statement May 7, 2026 Buying And Renting Las Vegas Rentals August 29, 2024 Buying Las Vegas Real Estate October 19, 2023 CMA – What’s My Home Worth? September 12, 2024 Community Resources August 7, 2024 Aliante, North Las Vegas Property Management July 2, 2026 Anthem Country
- [Thank You!](https://www.shelterrealty.com/thank-you/) - Thank You Thank you for taking the time to contact us. One of our agents will respond just as soon as possible. Usually within a short time if during business hours and no later than the next business day, if outside of those hours.
- [Boulder City Property Management](https://www.shelterrealty.com/community-resources/boulder-city-nevada/) - Rental Homes & Investment Properties Boulder City is one of Southern Nevada's most distinctive residential communities and continues to be a desirable location for rental homes and long-term investment properties. Known for its historic character, small-town atmosphere, and close proximity to Lake Mead and Hoover Dam, Boulder City offers a quieter lifestyle than many surrounding
- [Enterprise Property Management](https://www.shelterrealty.com/community-resources/enterprise-nevada/) - Rental Homes & Investment Properties Enterprise is one of Southern Nevada's fastest-growing communities and continues to be one of the most desirable locations for rental homes and long-term investment properties. Located in the southwestern Las Vegas Valley, Enterprise features a diverse collection of master-planned communities, newer residential neighborhoods, luxury homes, and expanding commercial development. Its
- [Henderson Property Management](https://www.shelterrealty.com/community-resources/henderson-nevada/) - Rental Homes & Investment Properties Henderson is one of Southern Nevada's most desirable cities and continues to be a premier destination for rental property owners and real estate investors. Consistently recognized for its exceptional quality of life, Henderson offers award-winning master-planned communities, outstanding schools, beautiful parks, expanding employment opportunities, and a diverse selection of residential
- [North Las Vegas Property Management](https://www.shelterrealty.com/community-resources/north-las-vegas-nevada/) - Rental Homes & Investment Properties North Las Vegas has become one of Southern Nevada's fastest-growing cities and continues to be an increasingly attractive market for rental property owners and real estate investors. Once known primarily for industrial development, the city has evolved into a thriving residential community featuring newer master-planned neighborhoods, expanding retail and commercial
- [Las Vegas, Nevada Property Management](https://www.shelterrealty.com/community-resources/las-vegas-nevada/) - Rental Homes & Investment Properties Las Vegas has become one of the country's most dynamic real estate markets and continues to be a premier destination for rental property owners and real estate investors. Beyond its worldwide reputation for entertainment and tourism, Las Vegas offers diverse residential neighborhoods, a growing economy, expanding employment opportunities, and a
- [Summerlin Property Management Services](https://www.shelterrealty.com/summerlin-property-management/) - Whether you are purchasing your first Summerlin rental property or expanding an established investment portfolio, Shelter Realty provides experienced property management backed by local knowledge, responsive service, and a team dedicated to protecting your investment.
- [Henderson Property Management](https://www.shelterrealty.com/henderson-property-management/) - Shelter Realty Property Management provides services to more than 600 residential properties across Clark County and Southern Nevada, in Henderson, Las Vegas and North Las Vegas.
- [Las Vegas Property Management Services](https://www.shelterrealty.com/las-vegas-property-management/) - Full-service property managers for Las Vegas real estate investors and out-of-state landlords providing peace-of-mind and quality service in Clark County.
- [Accessibility Statement](https://www.shelterrealty.com/accessibility-statement/) - Accessibility Thank you for visiting the SHELTER REALTY® website at ShelterRealty.com and reviewing our accessibility statement. SHELTER REALTY®, a brand of SHELTER REALTY PROPERTY MANAGEMENT, is committed to providing an inclusive and accessible digital experience for all users, including individuals with disabilities. We believe every visitor should be able to access information, services, and online
- [Utility Companies](https://www.shelterrealty.com/community-resources/las-vegas-utilities/) - Las Vegas Utilities Guide Setting up utilities is one of the most important steps when moving to the Las Vegas area. This guide provides an overview of the primary utility providers in Las Vegas, Henderson, and North Las Vegas, along with what you need to know to get services connected as smoothly as possible. Because
- [Tenant Screening](https://www.shelterrealty.com/las-vegas-property-management/tenant-screening/) - The tenant screening process is probably the most important aspect in the management of residential real estate.
- [Suddenly a Landlord?](https://www.shelterrealty.com/las-vegas-property-management/accidental-landlord/) - We’ll Take It From Here Accidental Landlord Situations Maybe your home didn’t sell. Maybe you relocated for work. Maybe you inherited a property. Whatever the reason, you’ve found yourself with a home you’re not living in - and now, you’re a landlord. But managing a rental property isn’t what you signed up for. That’s where
- [Rental Marketing](https://www.shelterrealty.com/las-vegas-property-management/rental-marketing/) - It’s no secret that the vast majority of renters start their property search on the Internet. Fortunately for our landlords, we excel in marketing properties online.
- [Property Maintenance](https://www.shelterrealty.com/property-maintenance/) - A reputable property management company should hold the needs and concerns of not only landlords, but tenants in the highest regards.
- [Property Inspections](https://www.shelterrealty.com/las-vegas-property-management/property-inspections/) - Property managers typically conduct inspections of properties being rented. The purpose of these inspections is to ensure the property is being maintained in good condition.
- [Move-In / Move-Out Inspections](https://www.shelterrealty.com/las-vegas-property-management/tenant-move-in-move-out-inspection-process/) - Move-in and move-out procedures are two of the most important aspects of property management.
- [Lead-Based Paint Compliance](https://www.shelterrealty.com/las-vegas-property-management/lead-based-paint-compliance/) - Lead-Safe Property Management for Pre-1978 Rental Homes in Las Vegas Owning an older rental property in Las Vegas can be a smart investment, but properties built before 1978 often come with added compliance responsibilities that many landlords and investors overlook. One of the most important involves federal lead-based paint regulations. If your rental home, condo,
- [Las Vegas Investment Properties And Opportunities](https://www.shelterrealty.com/las-vegas-investment-properties/) - Investing in Las Vegas Real Estate must be carefully considered and one should spend time in Las Vegas and the surrounding communities before deciding to purchase an investment property in Las Vegas.
- [Las Vegas Property Management FAQ's](https://www.shelterrealty.com/las-vegas-property-management/las-vegas-property-manager-frequently-asked-questions/) - Over 38 of the most common questions our Las Vegas property managers receive, all organized on one web page. From fees, maintenance to the eviction process.
- [Clark County Schools](https://www.shelterrealty.com/community-resources/clark-county-schools/) - Guide for Home Buyers in Las Vegas School Guide for Home Buyers in Las Vegas Choosing the right school is one of the most important factors when deciding where to live. This guide provides an overview of the Clark County School District, along with insights into school zones, popular communities, and what homebuyers should consider
- [Crime Reports](https://www.shelterrealty.com/community-resources/las-vegas-crime-reports-and-tracker/) - Las Vegas Area Crime Statistics Crime and safety are important considerations when choosing where to live. Below is an overview of crime trends and safety comparisons across the Las Vegas area, including major cities and communities. Las Vegas Area Crime Comparison (Recent Trends) Note: Crime levels are general comparisons based on publicly available data and
- [The Las Vegas Strip](https://www.shelterrealty.com/community-resources/the-las-vegas-strip/) - Las Vegas Boulevard, “The Strip” The Las Vegas Strip is the stretch of South Las Vegas Boulevard in Clark County, Nevada, known for its concentration of resort hotels and casinos. Also known simply as “The Strip,” it extends roughly between Russell Road near the “Welcome to Fabulous Las Vegas” sign and Sahara Avenue, and is
- [Las Vegas Relocation Checklist](https://www.shelterrealty.com/las-vegas-relocation-checklist/) - Moving to Las Vegas – Complete Checklist Relocating to Las Vegas can be an exciting new chapter, whether you're coming for work, lifestyle, or investment opportunities. But moving to a new state comes with important steps - from securing housing and setting up utilities to understanding Nevada laws and navigating the local rental and real
- [Shelter Realty Property Management Appears on Las Vegas Morning Blend – KTNV Channel 13](https://www.shelterrealty.com/las-vegas-morning-blend-ktnv-channel-13/) - What Renters and Landlords Need to Know About Today’s Shifting Market in Las Vegas Shelter Realty Property Management was recently featured on the popular morning television program Las Vegas Morning Blend, airing on KTNV Channel 13, where key insights were shared on the current state of the Las Vegas rental market. During the segment, Shelter
- [Jump-Start Your Las Vegas Real Estate Career](https://www.shelterrealty.com/join-shelter-realty/) - High traffic web sites, on the job training, property management and short sale specialists. We'll give you leads and teach you everything you need to know
- [Accounting Services for Las Vegas Landlords](https://www.shelterrealty.com/las-vegas-property-management/accounting-services/) - Powered by Shelter Realty Property Management + AppFolio Managing a rental property is more than finding great tenants - it’s about keeping your finances accurate, transparent, and organized month after month. At Shelter Realty Property Management, we provide professional, full-service accounting support for property owners throughout Las Vegas, Henderson, and the surrounding communities. By combining
- [Eviction Process](https://www.shelterrealty.com/las-vegas-property-management/eviction-process/) - Tenant eviction is a distasteful but often necessary part of the property manager’s responsibilities, if so designated by the landlord.
- [Rates & Fees](https://www.shelterrealty.com/las-vegas-property-management/rates-fees/) - Learn about competitive property management fees in Las Vegas. Shelter Realty Property Management offers transparent and affordable rates, making us a top choice for property management in Las Vegas.
- [About Shelter Realty Property Management](https://www.shelterrealty.com/about/) - Property Management, Short Sale Negotiations and Residential Purchase & Listing Transactions, Shelter Realty is a full-service Southern Nevada real estate brokerage.
- [Our Team](https://www.shelterrealty.com/our-team/) - Shelter Realty Associates Tony Sena, Broker / Owner Rachelle (Shelly) Fryer - Office Manager - Maintenance Coordinator/Property Manager Audri Schultz, Property Manager and Leasing Coordinator Kara Morrison - Accounting Manager/Property Manager Elizabeth Abatangelo - Field Agent/Property Manager Annika-Jayde Coluccio - Property Manager Melisa Rojo - Field Agent/Property Manager - Spanish Speaking Courtney McVay - Field
- [Contact (702) 376-7379](https://www.shelterrealty.com/contact-us/) - 2850 W Horizon Ridge Pkwy #141, Henderson, NV 89052
- [Las Vegas Probate Attorney](https://www.shelterrealty.com/las-vegas-probate-attorney/) - Probate in Las Vegas Nevada Experienced Probate Attorney And Real Estate Agent When a loved one passes away and leaves behind real estate, selling the property isn’t always as simple as putting it on the market. In many cases, the property must go through probate—a court-supervised legal process to validate the will, settle debts, and
- [Multiple Listing Service (Greater Las Vegas)](https://www.shelterrealty.com/las-vegas-real-estate/) - Find all homes for sale and rent listed on the Multiple Listing service of Las Vegas; formally known as The Greater Las Vegas Association of REALTORS® - This database does not contain for sale by owner listings. - Search Filters/Criteria Location ALL Las Vegas North Las Vegas Henderson Pahrump Price Beds Baths Active Pending Garage
- [How Much Can I Rent My Home For in Las Vegas?](https://www.shelterrealty.com/info/how-much-can-i-rent-my-home-for-in-las-vegas/) - How Much Can I Rent My Home For? Considering Renting Your Las Vegas Home? Wondering what your home could rent for in Las Vegas, Nevada? Whether you're relocating, exploring renting instead of selling, or just entering the landlord game, understanding your property’s rental value is the first and most important step. In this guide, we’ll
- [Helpful Information](https://www.shelterrealty.com/info/) - How Much Can I Rent My Home For?
- [What Will My Home Rent For?](https://www.shelterrealty.com/free-rental-comp/) - Want to know what your Las Vegas investment property will rent for? Fill out this quick form and we'll email you the details for free.
- [CMA - What's My Home Worth?](https://www.shelterrealty.com/cma/) - Get a free market analysis of your property to find out what it might sell for.
- [Landlord / Tenant Relations](https://www.shelterrealty.com/landlord-tenant-relations/) - Communication Is The Key To Success In marketing a landlord’s Las Vegas Residential Property, the property manager must keep in perspective the balance between the property owner’s requirements and a tenants needs. For example, a renter searching for a Las Vegas Rental Property may want answers to the following questions: Is the landlord/property manager responsive
- [Buying And Renting Las Vegas Rentals](https://www.shelterrealty.com/buying-and-renting-las-vegas-rental-properties/) - Choosing The Best Neighborhoods Investing in the purchase and rental of Las Vegas single family homes can prove to be a wise move for the investor, particularly the investor whose goals are to find investments that can be a ready source of positive cash flow, and have the advantages of tax incentives as an additional
- [Managing Your Investment Properties](https://www.shelterrealty.com/managing-las-vegas-investment-properties/) - Managing Investment Properties If you are planning to invest in Las Vegas Rental Properties, you should be aware of two basic facts; interacting with residents and property maintenance are primary requisites of property management. Before deciding as to whether you will manage the property or properties yourself or hire a professional property manager, you should
- [Professional Management Enhances Property Value](https://www.shelterrealty.com/professional-management-enhances-property-value/) - Professional Property Management An investor with multiple Las Vegas real estate rental properties certainly knows that in order to enhance property values and increase cash flow, effective management is the only method of maximizing full investment potential. In addition to hands-on management techniques the skilled property manager utilizes the most up-to-date software programs designed to
- [What Is A Las Vegas Property Manager?](https://www.shelterrealty.com/what-is-a-las-vegas-property-manager/) - What Is A Las Vegas Property Manager? If you are an investor in rental properties and want to spend your time building wealth by increasing your investment holdings, and DO NOT want to spend valuable time dealing with rental property related issues such as; marketing the property, finding the right tenants, collecting rents, dealing with
- [Las Vegas Short Sale Process](https://www.shelterrealty.com/las-vegas-short-sales/process-flow-chart/) - Short Sale Flowchart We can answer your questions directly and privately.
- [Community Resources](https://www.shelterrealty.com/community-resources/) - Links to utility companies and other resources for homeowners and buyers.
- [Las Vegas Eviction Services](https://www.shelterrealty.com/las-vegas-eviction-services/) - Las Vegas evictions can be a very stressful and confusing process for landlords, but we are here to help you.
- [Disclosures](https://www.shelterrealty.com/disclosures/) - Legal Disclosures We Are Not The Government; This Is Not An Offer To Lend **Download Fair Housing Booklet - CLICK HERE These site policies were updated on: 4/4/2024 All approvals and rates are not guaranteed, and are only issued after a potential borrower has spoken with a licensed mortgage professional. This website (ShelterRealty.com) is not
- [Homeownership Programs](https://www.shelterrealty.com/homeownership/) - Making Homeownership A Reality Considered the numerous benefits of transitioning from renting to owning? That’s smart thinking. Let’s highlight some of the most compelling reasons why homeownership could be the key to unlocking a brighter future for you and your loved ones. Build Equity: When you own a home, you're not just paying rent –
- [Selling Your Las Vegas Property](https://www.shelterrealty.com/selling-your-las-veas-property/) - Selling a Home in Las Vegas, Nevada? Selling Your Property The real estate professionals at Shelter Realty are experts in the Las Vegas real estate market and will guide you through the entire process of selling your property. Our marketing plan is designed with the mission of giving your property maximum exposure via strategic Internet
- [Las Vegas Property Management](https://www.shelterrealty.com/home/) - Shelter Realty is a Las Vegas Real Estate brokerage offering residential real estate and property management services in Clark County, Nevada.
- [Nevada State Law (NRS 624)](https://www.shelterrealty.com/property-maintenance/nevada-state-law/) - Law On Maintenance & Repairs According to Nevada state law (NRS 624) landlords must ensure certain home repairs and maintenance on their proprieties are carried out by licensed professionals or they risk penalties such as fines and other punitive measures. Rental Properties Even properties that are not currently rented but are intended be used as
- [Tenant Move-Out](https://www.shelterrealty.com/tenant-move-out/) - Understanding Your Responsibilities Welcome to our Tenant Move-Out Instructions. We’re here to help you understand your responsibilities as you prepare to move out, ensuring a smooth transition and the return of your security deposit. Your Tenant Handbook is a vital part of your lease agreement. It should be reviewed from time to time to ensure
- [Las Vegas Real Estate Investors](https://www.shelterrealty.com/las-vegas-real-estate-investors/) - Las Vegas is an excellent housing market to invest in. Investors are receiving top-dollar rents after minimal days on the market.
- [Las Vegas Executive Rentals](https://www.shelterrealty.com/las-vegas-property-management/executive-rentals/) - Executive Short Term Rentals - Las Vegas Property Management
- [Las Vegas Short Sales](https://www.shelterrealty.com/las-vegas-short-sales/) - If your Las Vegas property is worth less than what you owe on the home loan, a short sale may be your best alternative to foreclosure.
- [Buying Las Vegas Real Estate](https://www.shelterrealty.com/buying-las-vegas-real-estate/) - Lean what you need to know about how to buy a home in Las Vegas.
- [Las Vegas Short Sale Questions](https://www.shelterrealty.com/common-las-vegas-short-sale-questions/) - Sell, Modify or Foreclose? This comprehensive list of Las Vegas short sale frequently asked questions will help give you a better understanding of which option may be best for you.
- [Selling Your Las Vegas Property](https://www.shelterrealty.com/selling-your-las-vegas-property/) - Checklist For Selling Real Estate We’re Here To Help Make Selling Simple Similar to the process of getting a mortgage or purchasing a home, selling a property has several steps and details to be aware of. The following simple checklist will help you gather your thoughts before you start interviewing Las Vegas real estate agents
- [Las Vegas Commercial Property Management](https://www.shelterrealty.com/las-vegas-commercial-property-management/) - One of the most important issues in Las Vegas commercial real estate, is to ensure the Landlords ROI.
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- [Search Bank-Owned Homes In Clark County](https://www.shelterrealty.com/clark-county-bank-owned-homes/) - Search all homes available on the MLS that are bank owned in Clark County, NV.
- [How Much Will My Las Vegas Home Sell For?](https://www.shelterrealty.com/how-much-will-my-las-vegas-home-sell-for/) - Find out what your home may sell for in this market.
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