The Nevada real estate market is no novice to change. From the impact of the Great Recession that resulted in an influx of foreclosures, to the effects of the COVID pandemic that are being felt throughout the country, the housing market in Nevada has proven to be resilient. Currently, the Nevada market is experiencing a significant lack of supply in the face of overwhelming … [Read more...] about Residential Nevada
Susy Vasquez
Multifamily in NevadaDemand Outspaces Supply
Nevada continues to be one of the fastest growing states in the nation. The downside to population growth is the inability of the multifamily commercial real estate market to keep up with demand for space, leading to rising rents and increased values for buildable land. “From a housing perspective, apartments, condos and housing, right now there is a significant shortage of … [Read more...] about Multifamily in Nevada
Uncertain TimesMultifamily in Nevada
April was set to be yet another busy month for sales of apartment complexes in Nevada, one of the hottest multifamily markets in the country. And then, all of sudden, it wasn’t. After state and local governments mandated business closures — with resulting job losses — to battle the COVID-19 pandemic, multifamily investors, developers and managers stepped back … [Read more...] about Uncertain Times