This page provides the latest featured content on Nevada Residential Real Estate Industry, as well as links to resources from Nevada Business Magazine and other useful websites.
Latest Nevada Residential Real Estate Industry Feature
Industry Focus: Residential Real Estate
By Nevada Business Magazine
Originally Published: https://www.nevadabusiness.com/2021/07/industry-focus/
Nevada’s housing market has seen a boom in the past year as sellers receive multiple bids above asking price and buyers scramble to find homes within their budget. Caught in the middle are residential brokers who had to find new ways to show homes in the pandemic and help their customers navigate the hectic marketplace. Recently, residential brokers met in a virtual roundtable, sponsored by City National Bank to discuss the industry, the boom and what the future holds for housing in Nevada.
Connie Brennan, publisher and CEO of Nevada Business Magazine, served as moderator for the event. These monthly roundtables bring together leaders from different industries to discuss relevant issues and solutions.
Recent Nevada Residential Real Estate Industry Features
Luxury Demand: Opulent Homes Selling in Nevada
Recently, a home in MacDonald Highlands in Henderson sold for $5.35 million. While significantly higher than the median sale price, it’s representative of a typical transaction these days, according to real estate brokers and developers in Nevada. [Read More]
Stable and Sustainable: Nevada’s Residential Market
Nevada’s residential housing should be stabilized and sustainable throughout 2020. [Read More]
Living Large: Nevada’s Luxury Home Market
In late 2018, a condo in the Waldorf Astoria Las Vegas sold for a record-setting $1,633 per square foot. Despite this being an impressive luxury home record sale, it could be eclipsed if a home listed at Crystal Pointe, Lake Tahoe, sells – that listing is for $75 million. [Read More]
A Home Run – Nevada’s Residential Market:
It’s a simple law of Nevada economics: When folks are working, they buy houses. And when they’re making good money, they buy better houses. Those economics are driving stronger residential sales and construction across the state, and executives see little reason for worry about the continued health of the residential sector. [Read More]
A Place to Live: Nevada’s Residential Market: Call it flattening or softening or just call it a leveling off – Nevada’s housing market seems to have found an even keel in the second half of 2016, and most professionals in the industry are calling that a good thing. [Read More]
Nevada’s Top Residential Real Estate Agents: Residential real estate agents in Nevada know, better than most, that the last several years have posed a variety of challenges to their industry. [Read More]
A “Fixer Upper”: Navigating the New Residential Market: These days, Nevada’s residential real estate market is a maze to be navigated, with buyers and sellers alike having to juke and swivel around such things as turbulent national and state economies, a saturated market, rampant unemployment, underwater properties, foreclosures, short sales, out-of-state investors, reluctant banks, government regulation and a small but stubborn demand for even more new houses. [Read More]
Nevada Residential Real Estate Industry Resources
Nevada Real Estate Division: The official real estate division for the state of Nevada.
Nevada Association of REALTORS: The Nevada Association of REALTORS® (NVAR) provides services to 14,900 REALTORS® throughout Nevada.
Reno/Sparks Association of REALTORS: RSAR’s mission is to proactively enhance our members’ opportunity to be successful, ethical real estate professionals by delivering superior advocacy, education, programs, products and services.
Greater Las Vegas Association of REALTORS: The Greater Las Vegas Association of REALTORS® (GLVAR) the “Voice for Real Estate” in Southern Nevada is an 11,500 member trade association that has served real estate professionals since 1947.