Las Vegas home sales is a booming industry, in which real estate professionals are making loads and loads of profit every day, because of the great popularity of the region. Las Vegas is reputedly the fastest-growing city in the United States of America. Las Vegas is seen as a city that is all about economic growth and, with a short past, holds little sappiness.
The city sports one of the biggest new home construction areas in the country. Tourism development is viewed as the area’s foremost employment source. However, Las Vegas lacks the great amounts of aging housing stock that most other transfer destinations possess. The amenities that make Las Vegas one of the best vacation/convention destinations in America also make it a tremendous place to live and work.
Today, new home communities are rising in the southwest and the southwest of the city; in fact just about anywhere land is obtainable. Builders are increasing their prices on a regular basis, thus driving up the price of resale homes. Also, sellers are selling their homes quickly and buyers are buying them at reasonable prices.
With 5,000 to 7,000 people moving to Las Vegas each month, it has become more of a seller’s market than a builder’s market. The future looks bright for those people looking to invest or buy in what is probably the hottest market in the country.
The most expensive and high-quality housing in Las Vegas is in Anthem and Summerlin, the two strong master-planned societies developed by Del Webb and Howard Hughes Corp., respectively. Call (702) 509-1636