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Millennium East – Multifamily Sale 06-12 – NorthMarq

LAS VEGAS (June 12, 2024) — Thomas Olivetti, managing director of Northmarq’s Las Vegas Multifamily Investment Sales team, successfully brokered the sale of a 236-unit, garden-style multifamily community for $52.75 million. Located in the Sunrise Manor area of Las Vegas at 3580 E. Alexander Road, Millennium East was built in 2000 and renovated in 2018.

More Than 3 in 5 Home Listings Are Now ‘Stale’ As Record-High Costs Dampen Demand – Redfin News

More homes are sitting on the market for at least 30 days without going under contract, as homebuying demand falters in the face of high housing costs.  More than three in five (61.9%) homes that were on the market in May had been listed for at least 30 days without going under contract. That’s up

Local Logic helps power Lundy’s Finding Homes voice search – Inman

Local Logic, the community and market insights marketing solution, will be working with Lundy, an AI-derived voice search option for the visually impaired. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us.

Real Estate Fraud: Surprise Your House Selling For $10,000 – 96.3 KKLZ

A 3-D image depicting the growing problem of real estate fraud in the U.S.A. Property sale scams are increasing according to the FBI. Imagine waking up tomorrow to find out your valuable home is listed “for sale” on the internet for the low, low price of just $10,000. More Americans are facing that situation every

Commercial Construction Cost Per Square Foot – Autodesk Redshift

Before commencing the construction of a commercial building, the biggest and initial concerns are always the construction costs per square foot. Commercial buildings are used in different sectors such as education, health, and retail. Dependent on usage and other factors such as location, the costs can vary greatly. The area’s zoning and geography also affect

Offerpad Takes Cash Offer Program To Realtor.com – Inman – Inman

Offerpad is the latest company to join Realtor.com’s Seller’s Marketplace. Both companies said the partnership reflects their dedication to furthering consumer choice. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Offerpad Cash

Luxury home market on fire this summer – Las Vegas Business Press

The Las Vegas luxury home market is on fire as the summer heat arrives. Luxury resales of $1 million and higher are up 37 percent through the first five months of 2024 while luxury production home sales were solid during the first quarter, the most recent numbers available. Through the end of May Las Vegas

REAL ESTATE BRIEFS: StoryBook to open Hemsworth Estates – Las Vegas Business Press

StoryBook to open enclave StoryBook Homes, a Las Vegas-based homebuilder, has announced the opening of its Hemsworth Estates. Located within an established neighborhood near Rainbow Boulevard and Hammer Lane in the northwest, Hemsworth Estates is an exclusive enclave of just 10 home sites. Construction is underway and the community has quick move-in homes available to