Southern Nevada The Las Vegas Valley’s overall industrial vacancy rate in Q4, 2016 was 4.8 percent. Since Q3, 2015 the Valley’s industrial market rate has been at full occupancy and has been absorbing new space while remaking the existing inventory to accommodate larger space demand. Q4 saw 2,045,634 square feet of completed space, all of it in the warehouse/distribution … [Read more...] about Industrial Summary: Fourth Quarter 2016
Las Vegas real estate
RSAR Releases 2016’s Year-End, Fourth Quarter and December Existing Home Sales Reports
RENO – The Reno/Sparks Association of REALTORS (RSAR) released its 2016 year-end, 2016 fourth quarter and December 2016 report for existing home sales in Washoe County, including median sales price and number of home sales in the region. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service (www.nnrmls.com) and includes sales of bank-owned … [Read more...] about RSAR Releases 2016’s Year-End, Fourth Quarter and December Existing Home Sales Reports
Nevada Rural Housing Authority Hires Grant Brewer as Management Assistant
Carson City – Nevada Rural Housing Authority (NRHA) has hired Grant Brewer as management assistant, part of the Homebuyer Services team. Homebuyer Services manages the agency’s Home At Last programs, and Brewer plays an integral part in ensuring partners and consumers have quick and easy access to program information. He also is responsible for running and maintaining home loan … [Read more...] about Nevada Rural Housing Authority Hires Grant Brewer as Management Assistant
Nevada Rural Housing Authority Hires Miguel Alvarez as Occupancy Specialist
Carson City – The Nevada Rural Housing Authority (NRHA) has recently hired Miguel Alvarez as occupancy specialist, part of the Rental and Housing Programs team. His employment at NRHA began in March 2016 as a temporary student worker. In this position, Miguel quickly realized his passion for helping low-income families, and has since been hired as a full-time occupancy … [Read more...] about Nevada Rural Housing Authority Hires Miguel Alvarez as Occupancy Specialist
Southern Nevada Home Sales Rose in 2016, Including During December
GLVAR Housing Statistics for December 2016 LAS VEGAS – The Greater Las Vegas Association of REALTORS (GLVAR) reported Friday that more existing homes were sold in Southern Nevada in 2016 than in 2015, even with a tight housing supply and rising home prices. GLVAR’s housing statistics for the month of December showed some seasonal forces at work, with local home prices … [Read more...] about Southern Nevada Home Sales Rose in 2016, Including During December
Commercial Real Estate Market in Southern Nevada Ends 2016 on Upswing
LAS VEGAS – A report released by Xceligent and the Commercial Alliance Las Vegas (CALV) shows the commercial real estate market in Southern Nevada ended 2016 on an upswing, with positive momentum in the office, industrial and retail markets. CALV President Jennifer Ott, CCIM, and a longtime local commercial real estate broker, said most aspects of the industry continued to … [Read more...] about Commercial Real Estate Market in Southern Nevada Ends 2016 on Upswing
The Ups and Downs: Nevada’s Economic Forecast
Experts are bullish on Nevada’s overall economy this year, anticipating continued recovery from the recession and growth, they said. Four key markers support their outlook: Wages: The average private weekly wage for Nevada workers peaked in October at $758.86, representing a 2.3 percent year-over-year increase, according to Applied Analysis, a Las Vegas-based economic fiscal … [Read more...] about The Ups and Downs: Nevada’s Economic Forecast
Southern Nevada Home Builders Association: Advocate for Housing
For more than 60 years, the Southern Nevada Home Builders Association (SNHBA) has been a leading advocate for housing in the state of Nevada. SNHBA has played a leadership role in the numerous governmental and public affairs’ issues that impact the housing industry, and in particular, homebuilders, homebuyers and homeowners. The association is the oldest and largest trade … [Read more...] about Southern Nevada Home Builders Association: Advocate for Housing
Carefully Planned: Architects and Engineers in Nevada
Like the fellow who narrowly escaped drowning, executives of architectural and engineering firms in Nevada are really cautious as they venture back into the water. Obviously, industry executives are thrilled they’re landing a steady stream of new work as the development and construction sectors come back to life but, they’re wary of once again getting into deep water too … [Read more...] about Carefully Planned: Architects and Engineers in Nevada
Red Report: January 2017
E Sale, Multi-Family ADDRESS 501 S. 10th St., 89101 BUYER Ambleside Properties LLP SELLER T.H. Steele DETAILS 44 units; $32,727 per unit APN 139-34-811-006 SELLER’S REP Michael R. LaBar and Michael L. Shaffner of Marcus & Millichap H Sale, Retail ADDRESS 210 N. Boulder Hwy., Bldg. F, 89015 BUYER Southpoint Apartment, Inc. SELLER WPI-Lake Boulder, LLC DETAILS … [Read more...] about Red Report: January 2017
Retail Summary: Third Quarter 2016
Southern Nevada The Las Vegas Valley anchored retail vacancy rate ticked up from 11 percent in Q2, 2016 to 11.1 percent in Q3, 2016. At the end of Q3, vacancy rates were 7.8 percent in power centers, 12.8 percent in community centers and 11.2 percent in neighborhood centers. With the retail market just one point above the 10 percent stabilized rate and taxable retail sales at … [Read more...] about Retail Summary: Third Quarter 2016
Inman Announces Reno/Sparks Association of Realtors as the Newest Select Member
Reno/Sparks Association of REALTORS to provide members with the insight of Inman Select Inman announced that Reno/Sparks Association of Realtors (RSAR) will launch Inman Select to more than 2,200 members, beginning Jan. 3, 2017. Inman Select is a premium news service for real estate professionals that delivers the latest industry news, analysis, special reports, videos, … [Read more...] about Inman Announces Reno/Sparks Association of Realtors as the Newest Select Member
Record High Rise Sale at Panorama Towers for $5.75 Million by Shapiro & Sher Group
LAS VEGAS - Shapiro & Sher Group, one of the country’s top-selling luxury real estate teams, celebrated the opening of its new high-rise division with another record-breaking sale. Ivan Sher represented the seller in the sale of the entire 34th floor of Panorama Tower II at 4575 Dean Martin Drive in Las Vegas. The grey shell unit, which includes 14,176 square feet plus a … [Read more...] about Record High Rise Sale at Panorama Towers for $5.75 Million by Shapiro & Sher Group
Six Dickson Realty Agents Selected to Tahoe Sierra Board of Realtors
Reno – The Tahoe Sierra Board of Realtors held their annual installation of officers/directors for the Board of Realtors and the Multiple Listing Service on Friday, December 9, 2016. Elected to the Tahoe Sierra Board of Realtors from Dickson Realty were Lil Schaller as President-Elect, Anna Grahn-Nilsson as Treasurer, and Ann Nguyen, Ronda Shaw, Phoebe Landre and Greg Poulsen … [Read more...] about Six Dickson Realty Agents Selected to Tahoe Sierra Board of Realtors
Colliers International – Las Vegas Welcomes Christopher Bentley as Executive Vice President
Colliers International – Las Vegas has announced Christopher Bentley has been named Executive Vice President in the Multifamily Division. Mr. Bentley comes to Colliers from The Bentley Group Real Estate Advisors, where he was Principal. In that role, he directed the group’s business development activity and day-to-day operations for almost 13 years. Considered one of the top … [Read more...] about Colliers International – Las Vegas Welcomes Christopher Bentley as Executive Vice President