Nevada’s real estate agents charge higher commissions than California | Housing | Business – Las Vegas Review-Journal

Nevada has the 13th-highest real estate commission rate in the country, according to a new study. A Clever Real Estate survey found the average commission rate in Nevada runs about 5.8 percent, which is above the national average of 5.4 percent. West Virginia has the highest rate (6.6 percent) and Hawaii came in with the

Income Needed to Buy Your First Home in Las Vegas – Redfin Blog

You need close to a six-figure income to buy a starter home. Las Vegas, NV, is renowned for its entertainment, amenities, attractions, and gorgeous weather. However, Las Vegas isn’t just the entertainment capital of the United States; it’s also home to a booming real estate market that’s seen significant growth in recent years.  For many,

2023 Slowest Year for Las Vegas Area Home Sales Since 2008 – The World Property Journal

Email Sign Up For Our Free Weekly Newsletter Based on new data by Las Vegas Realtors, local area home prices are on the rise so far in early 2024. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during March was $465,000. That’s up

Home prices still rising in Las Vegas amid historic slump in sales – Las Vegas Review-Journal

Home prices continue to rise in the Las Vegas Valley amid a historic slump in sales, according to March statistics from the Las Vegas Realtors. The median price for a single-family home that sold in March rose once again to $465,000, a 1.1 percent increase from February of this year, and a 9.4 percent increase

High housing prices in Las Vegas got higher in March, LVR report shows – KLAS – 8 News Now

LAS VEGAS (KLAS) — Home prices went up again in March, getting just a little bit closer to the all-time record set nearly two years ago. A report from Las Vegas Realtors (LVR) shows single-family homes increased by just over 1% over the past month, now at $465,000. It’s $5,000 more than the median price

Las Vegas home prices unlikely to start falling anytime soon after sales rise in March – News3LV

LAS VEGAS (KSNV) — Home prices in Las Vegas continued to rise in March as the housing supply remained tight, according to a local industry group. The median price of single-family homes sold in Southern Nevada last month was $465,000, Las Vegas Realtors reported Tuesday. That’s up from the median price of $460,000 reported this

Could AI replace real estate agents? – Las Vegas Review-Journal

Bruce Hiatt is hoping the integration of artificial intelligence will help take his real estate company to the next level, and in turn, could require less physical agents in the process. Hiatt, a Las Vegas-based broker who is also the owner of Luxury Realty Group, is currently beta testing an AI conversational avatar that speaks

Las Vegas real estate brokerage launching AI avatar to help buyers | Housing | Business – Las Vegas Review-Journal

Bruce Hiatt is hoping the integration of artificial intelligence will help take his real estate company to the next level, and in turn, could require less physical agents in the process. Hiatt, a Las Vegas-based broker who is also the owner of Luxury Realty Group, is currently beta testing an AI conversational avatar that speaks

Can you afford a mortgage in Nevada? Here’s how much you need to make – Las Vegas Review-Journal

Nevadans now need to make at least $111,557 to afford a monthly mortgage payment, according to a new study from Bankrate. This is a 56 percent income increase from four years ago as related to what it takes to afford a median-priced single-family home in the state, which is now $434,400. That puts the average