Pro Builder
DECEMBER 29, 2022
Las Vegas is another hotspot for out-of-state buyers, and Florida’s relatively inexpensive real estate makes it a desirable location for incoming house hunters as well. Read more Housing Markets Affordability Market Data + Trends Housing Markets million home price tag.
Pro Builder
DECEMBER 20, 2022
Home sales are slowing nationwide as mortgage rates continue to rise, but those still active in the for-sale market are headed to popular Sun Belt cities for warmer weather and greater housing affordability. After Sacramento, Las Vegas was the most popular migration destination in November. Housing Markets. Affordability.
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Pro Builder
AUGUST 28, 2020
SmartAsset crunched figures for unemployment, poverty, income, divorce rate and more for 99 cities and compiled a list of metros with the most financial stress. Four of the top 10 are in Nevada with unemployment and divorce pushing Las Vegas, Paradise, North Las Vegas, and Spring Valley to the ignominious list.
Pro Builder
SEPTEMBER 1, 2022
Homebuyers undaunted by severe droughts are heading to at-risk metros like Los Angeles and Las Vegas en masse. Unfazed by climate risks and attracted by affordability, incomers flocked to popular cities like Los Angeles, CA, San Jose, CA, and New York City, NY, all of which are in the throes of an intense summer drought.
Pro Builder
NOVEMBER 3, 2020
In the bottom 20% income percentile, a home accounts for 99% of total assets, compared to 42% for families in the top 10% income bracket. Nine of the top 10 metro areas with the largest housing wealth gains over a 10-year period were on the West Coast: San Jose-Sunnyvale-Sta. Clara; San Francisco-Oakland-Hayward; Anaheim-Sta.
Pro Builder
AUGUST 9, 2021
A survey of 20,000 adults across 20 major metro areas nationwide found Black, Latino, lower-income, and renter households were more likely to have experienced pandemic-related housing and economic challenges. Renters were also more likely to report a loss of income (32%) and/or job loss (19%) than homeowners (23% and 10% respectively).
Pro Builder
DECEMBER 21, 2021
As sellers take the upper hand in a competitive housing market, landlords are also set to end the year on a high note thanks to a steady increase in new lease effective rents during the final months of 2021. Virtually no change in the ratio of tenant/applicant incomes, which indicate strong wage growth.
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