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Kiplinger Economic Outlook for All 50 States 2020 – Nevada

Kiplinger Economic Outlook for All 50 States 2020 – Nevada

POPULATION: 3,034,000 UNEMPLOYMENT RATE: 4.1% 2019 JOB GROWTH: 3.0% (42,400) 2020 JOB GROWTH: 2.0% (29,200)   Full speed ahead for Nevada's thriving economy, gaining momentum in the south from a continuing Las Vegas construction boom. East of Reno, electric-car...

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Las Vegas Multifamily Report – Fall 2019

Las Vegas Multifamily Report – Fall 2019

The metro’s steadily diversifying economy is resulting in positives for its multifamily market, as well.   The metro’s steadily diversifying economy is resulting in positives for its multifamily market, as well: The average rent posted the highest rate of...

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The Ripple Effect of California’s Rent Control Laws

The Ripple Effect of California’s Rent Control Laws

New regulations could have unintended consequences for both the largest state and the entire country.   Earlier this month, California Governor Gavin Newsom signed legislation that will limit the amount of annual rent increases a landlord may charge residents...

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Rent Control Will Not Cure Homelessness

Rent Control Will Not Cure Homelessness

Developers in New York City are slowing down on their projects and sometimes even scrapping plans altogether.   Currently, vacancy rates in New York City and San Francisco are quite high by the standards of those cities although they would probably seem low by...

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When It Comes to Multifamily Properties, Bet on Las Vegas

When It Comes to Multifamily Properties, Bet on Las Vegas

Multifamily housing units could be the answer for some families that are unable to find a single-family home that fits their needs. Most multifamily properties are purchased as non-owner occupied investment properties, although adventurous or savvy home buyers are...

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Was Does an Average 1 Bedroom Apartment Rent for in Las Vegas?

Was Does an Average 1 Bedroom Apartment Rent for in Las Vegas?

While San Francisco renters can breathe some relief as one bedroom rent dropped back down to $3,600, New York City renters are on the opposite boat as one bedroom rent reached a new 3-year high of $3,050 (beating out the June 2019 report’s previous record). Some key...

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Is Bleutech Park Las Vegas a #FakeNews Mirage?

Is Bleutech Park Las Vegas a #FakeNews Mirage?

Call us a little skeptical on this one. This one sounds great on paper and reminds us a little of the hey days of crazy in Sin City, right before the housing implosion. A project called "Bleutech Park Las Vegas" will supposedly break ground in the Las Vegas valley...

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Las Vegas Market Seen as Affordable

Las Vegas Market Seen as Affordable

The median monthly rent for an apartment in Las Vegas has jumped more in the past year than any other major U.S. metro area, according to a new report. However, Susy Vasquez, executive director for the Nevada State Apartment Association, said the Las Vegas rental...

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