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Las Vegas builders optimistic about market – Las Vegas Review-Journal

Las Vegas new homebuilders are optimistic about the market after recording their best three-month stretch since interest rates started rising in 2022. The 3,422 net sales in the first quarter — sales minus cancellations — surpassed the 2,659 in the first quarter of 2023 and fell just below the 3,478 in the first quarter of

‘It’s too soon’: Regents critical over UNLV’s leasing plan for land near Strip – Las Vegas Review-Journal

State higher education officials expressed strong skepticism over UNLV’s plans to enter into a lengthy ground lease on 42 acres of university-owned land near the Las Vegas Strip. At a meeting of the Nevada System of Higher Education Board of Regents on Wednesday, several regents pushed back against UNLV’s proposal to enter into a 99-year

Why Gen Z isn’t buying homes in Las Vegas – Las Vegas Review-Journal

Gen Z and younger millennials took out 40 percent of the mortgages in the U.S. last year, according to a new report from Redfin. But Las Vegas is bucking the national trend with one of the lowest mortgage buy rates for people under 35. Buyers under 35 in the Las Vegas Valley only accounted for

Las Vegas Retail Market: A Tale of Two Cities – REBusinessOnline

— By Geoffrey West, Senior Vice President, Investment Property Sales and Acquisitions, MDL Group/CORFAC International — The Las Vegas retail market remains a tale of two cities with the tourism-driven Resort Corridor and surrounding MSA comprising two very different markets.  In the past, the stories of the “cities” were somewhat divergent with robust development, premium

ICSC Las Vegas Special Report: Retail’s the ‘Belle of the Ball’ Once More – Commercial Property Executive

ICSC was held in Las Vegas from May 19-21. Image by Fotios Tsarouhis ” data-image-caption=” ICSC was held in Las Vegas from May 19-21. Image by Fotios Tsarouhis ” data-medium-file=”https://www.commercialsearch.com/news/wp-content/uploads/sites/46/2024/05/ICSC.jpg?w=300″ data-large-file=”https://www.commercialsearch.com/news/wp-content/uploads/sites/46/2024/05/ICSC.jpg?w=800″ class=”size-medium wp-image-1004714619″ src=”https://www.commercialsearch.com/news/wp-content/uploads/sites/46/2024/05/ICSC.jpg?w=300″ alt=”A banner reading “Where businesses come together — ICSC”” width=”300″ height=”233″ srcset=”https://www.commercialsearch.com/news/wp-content/uploads/sites/46/2024/05/ICSC.jpg 800w, https://www.commercialsearch.com/news/wp-content/uploads/sites/46/2024/05/ICSC.jpg?resize=300,233 300w, https://www.commercialsearch.com/news/wp-content/uploads/sites/46/2024/05/ICSC.jpg?resize=768,595 768w” sizes=”(max-width: 300px) 100vw, 300px”>