Las Vegas Valley Rent Rises

Dated: 11/29/2019

Views: 110

California is playing an unparalleled role in Nevada growth, as the state population surpassed 3 million people and the U.S. Census Bureau ranked the Silver State as the nation's fastest-growing state in 2018.  In fact, there are now more people from California living in Las Vegas than people born and raised in Las Vegas.  Las Vegas Valley rent rises following a surge of new residents from California. 

Image title

We’re seeing people that are retiring that are on a fixed income, on pensions that are moving from California to Nevada because their money can go so much farther. People from California who just sold their house and have $300, 400, 500 + thousand dollars, they don't mind paying the extra amount of rent while they get comfortable finding a house here in Las Vegas 

If you, your family or your friends thinking of buying or selling property in Las Vegas please let me know how I can help them.   

Blog author image

Slava Slavina

Signature Real Estate Group provides a platform for buying and selling homes throughout Nevada for real estate agents and consumers. 2019 Inc-5000 ....

Latest Blog Posts

Las Vegas Real Estate Market Update August 2020

The Las Vegas residential market continues to move in a positive direction despite economic weakness. Low-interest rates, stimulus, and a lack of supply are helping to prop up prices. 

Read More

Aug 2020 Unseasonably Hot Late Summer Housing Market Prices Up Inventory Down

Let's break this down 👇🚀Key takeaways for the 4-week period ending August 9:Home sale prices were up 10% year over year—the largest increase in over six years—to another new all-time high

Read More

UWM Announces Interest Rate For 30 Year Fixed Mortgage

UWM announces 1.99% rate for 30-year fixed mortgageIt's the first widely available 30-year fixed-rate mortgage product offering a rate in the 1'sUnited Wholesale Mortgage announced Tuesday it is

Read More

Las Vegas Housing Market On Fire With Record Prices Despite Pandemic

Las Vegas’ housing market is “on fire” despite the coronavirus pandemic’s devastating effect on the economy, as sales totals surged and prices hit another all-time high last month, a new

Read More