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
Nat Hodgson
A Place to Call HomeNevada’s Residential Housing Market
In southern Nevada, between 13,000 and 14,000 new home permits have been pulled in 2021, up 11 percent from 2020, said Nat Hodgson, CEO, Southern Nevada Home Builders Association (SNHBA). “We thought we were going to get about the same as last year, so an 11 percent increase when we were factoring zero is pretty good. We’re actually tracking over 14,000 right now, but I don’t … [Read more...] about A Place to Call Home
Last WordWhat is Your Prediction on Nevada’s Housing Market?
Brad Spires 2021 PresidentNevada Realtors “The housing market has been a bright spot in an otherwise bleak economy. I think we’ll continue to see strong sales and increasing home prices in 2021, though maybe not at the surprisingly strong pace we saw during the second half of 2020.” Adrienne Allen Head of Real EstateHomie “For 2021, home prices will … [Read more...] about Last Word
Stable and SustainableNevada’s Residential Market
Nevada’s residential housing should be stabilized and sustainable throughout 2020. Despite a relative lack of inventory and as potential homebuyers continue to flock to northern and southern Nevada alike, multiple Nevada real estate executives said they believe the housing market will settle into a groove. “For the first time in 13, 14 years, I can use the words stable … [Read more...] about Stable and Sustainable
HomeAid to Hand out Winter Clothes, Toiletries to Those in Need
HomeAid Southern Nevada will be supplying coats, blankets and backpacks filled with necessities to people experiencing homelessness in Las Vegas. HomeAid is partnering with the nonprofit Can You Spare A Story and the CARE Complex for the Winter Priceless Pop-Up Shop event on Saturday, Dec. 22. Those in need can stop by the CARE Complex at 200 Foremaster Lane between 8 a.m. … [Read more...] about HomeAid to Hand out Winter Clothes, Toiletries to Those in Need
Homeaid Closer to Completing Affordable Housing Project
HomeAid Southern Nevada and its partners from the Southern Nevada Home Builders Association recently renovated a six-plex that will provide affordable housing to low-income residents. An estimated $150,000 and more than 1,000 hours of work were donated by the nonprofit to complete the renovation. The work was done as part of a larger project at Calcaterra Circle in Las … [Read more...] about Homeaid Closer to Completing Affordable Housing Project
Homeaid Helps Team Remodel, Restock Project 150’s Betty’s Boutique
HomeAid Southern Nevada helped give homeless and disadvantaged high school students a stylish new place to shop for clothes, shoes and accessories. The nonprofit and its volunteers pitched in to help remodel and restock Betty’s Boutique at Project 150, a place where students can get much-needed clothes for free with a student ID card. Several community partners were involved … [Read more...] about Homeaid Helps Team Remodel, Restock Project 150’s Betty’s Boutique
A Home Run: Nevada’s Residential Market
It’s a simple law of Nevada economics: When folks are working, they buy houses. And when they’re making good money, they buy better houses. Those economics are driving stronger residential sales and construction across the state, and executives see little reason for worry about the continued health of the residential sector. Employers added 37,700 positions statewide during … [Read more...] about A Home Run: Nevada’s Residential Market
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
A Place to Live: Nevada’s Residential Market
Call it flattening or softening or just call it a leveling off – Nevada’s housing market seems to have found an even keel in the second half of 2016, and most professionals in the industry are calling that a good thing. After the housing bubble hit Nevada in the early 21st century when demand outstripped supply and prices rose over weekends and overnight, the inflationary … [Read more...] about A Place to Live: Nevada’s Residential Market
Nevada’s Residential Housing Market
One of the first questions that comes up during a discussion of the residential housing market is whether it’s a buyer’s or a seller’s market – who’s got the advantage? After the housing bubble burst in 2006 and the events of the recession, Nevada’s housing market began to grow again over the last four years, with 2013 stronger than 2014, and 2015 looking a lot like 2013. … [Read more...] about Nevada’s Residential Housing Market
Slow & Steady: Nevada’s Luxury Home Market Regains Traction
A newly built, 6,400-square foot, 5-bedroom, 5-bathroom custom home in Incline Village with Lake Tahoe views sold about seven months ago for $5.1 million. The two-story boasted hickory floors, granite countertops and fireplace, knotty alder cabinets and doors, vaulted ceilings, a heated driveway, elevator, first-floor master, game room, wine closet and deck and more. The … [Read more...] about Slow & Steady: Nevada’s Luxury Home Market Regains Traction
It’s New Home Season: Local Home Builders Collaborate on First-Ever Campaign to Promote New Home Sales
For the first time in Las Vegas, home builders are joining forces for a citywide sales event to promote the benefits of buying a new home. Called “It’s New Home Season,” the multimedia campaign highlights 56 new home communities with more than 200 model homes by 17 participating builders, particularly during the Feb. 21-22 and Feb. 28-Mar. 1 weekends when many people are … [Read more...] about It’s New Home Season: Local Home Builders Collaborate on First-Ever Campaign to Promote New Home Sales
Nevada’s Residential Market: A Season of Change
For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices. Lowered median home prices have created low inventory and a seller’s market, which in turn impacted distressed properties and neighborhoods. “People are a lot smarter today, having learned from mistakes that occurred in the market; buyers are much … [Read more...] about Nevada’s Residential Market: A Season of Change
Nevada Executives Speak Out: Power Poll 2013
As the Silver State struggles to pull itself out of the worst recession many Nevadans have seen in their lifetime, executives are beginning to see a light at the end of the tunnel. This year marks the eleventh annual Power Poll wherein Nevada Business Magazine asked executives throughout the state to speak up on issues that affect their businesses. This year’s poll illustrates … [Read more...] about Nevada Executives Speak Out: Power Poll 2013