“Is the market still struggling?”  If we had a nickel for every time that question was asked, we could….go buy a piece of real estate.  The answer to that question is a resounding, “no!”   The Las Vegas real estate market has been resurging for the last three years or more with strong sales, a drastic decrease in distressed inventory and steady home price gains in both the residential and the commercial markets.  This trend is not stopping any time soon and is ... read more

Another strong signal for where Las Vegas is heading. Red Ridge Development’s plan to start construction this spring on its luxury high-rise in Symphony Park reflects more than one project moving forward. It reflects continued confidence in the long-term future of vertical residential development in urban Las Vegas. As land becomes more constrained and the city continues to mature, well-positioned high-rise and mixed-use product in the right locations should only become more relevant. From a developer service... read more

AUGUST 2015 Looking year-over-year, the number of single family escrows opened and homes closed have been more than respectable.  Closings are up nearly 20% year-over-year when measured in July and the year-to-date numbers are solid also.  Price increases have moderated and we believe this is a welcome pause after the consistency in vibrant price increases.  We have already experienced more price amplification than we expected back in Ja... read more

Four Las Vegas Communities were in John Burns Research & Consulting’s Top 50 Master-Planned Communities. Rank 3. Cadence: 1,247 net sales Rank 9. Summerlin: 962 net sales 30. Villages at Tule Springs: 446 net sales 32. Sunstone:440 net sales   Las Vegas is well-known for masterplanned communities, often a top choice for new movers to the region. In 2025, Cadence was the top selling community, driven by both availability from several homebuilders, but also more accessible price points compared t... read more

Although for sale inventories of existing homes in Las Vegas are elevated above the lows of last year, new homes remain a sought after option by many buyers. We have many buyers that have either recently closed on a home or have homes waiting to be built. Coinciding with this demand, incentives have been falling. Traffic levels have subsided generally, throughout the Valley but there are some home types that continue to receive a lot of interest. Single story homes with more than two garage bays have been gett... read more