Popular on Rezul
- No Limits Method Revolutionizes Neurodivergent Education Through Embodied Cognition - 107
- Corner Property Management Welcomes Seneca Reserve HOA! - 104
- Kaplan Morrell Applauds Passage of Landmark Workers' Compensation Reform in Colorado
- First AI Marketing Platform Built Specifically for Small Businesses Launches Public Beta
- TEDxInglewood Returns to The Miracle Theater on August 9, 2025 — Celebrating Bold Ideas and Community Energy
- Rediscovered Christopher Lee Recording 'Elenore' Re-Released to Mark 10th Anniversary of His Passing
- Conexwest Expands Single-Phase Cold Storage Lineup: Versatile Solutions for Diverse Temperature Needs
- Manhattan Boutique Real Estate Collaborates with InterContinental Hotels NYC in a Branding Partners Personalized Approach
- Honoring Black History, Culture, and Community in Fall River
- Token-Operated Sake Service Opens at Tobu Nikko Station
Similar on Rezul
- New Podcast "Spreading the Good BUZZ" Hosted by Josh and Heidi Case Launches July 7th with Explosive Global Reach and a Mission to Transform Lives
- Digital Watchdog Launches New myDW Cloud Services
- Nevada Real Estate Agent David Crane Helping Families Find Their Dream Home
- Drone Light Shows Emerge as the New Standard in Live Event Entertainment
- Skyline Partners with ZenSpace to Offer Private Meeting Pods for Trade Show Exhibitors
- Garden City Realty recognizes top REALTOR®s of the Month and Quarter
- Maui Investment Property Realtor Shares the Wonders of Stargazing on Maui!
- Houston Office Market Report | Q2 2025
- Yes, Islamorada is The Fishing Capital of The World, Here's Why!
- Corner Property Management Selected as New Management Company for Orange COA
Strong Housing Market Eliminates Incentives in Las Vegas
Rezul News/10542535
Builder incentives vanish with a strong housing market in greater Las Vegas.
LAS VEGAS - Rezul -- As previously discussed by Atlas Group LC and other leading professionals in the Las Vegas market, it seems apparent that the housing market for both rentals and sales will remain strong for the foreseeable future.
Most of the national builders have removed incentives for both buyers and real estate agents in the current sales climate and are still receiving multiple bids on properties. In some instances, there are waiting lists of buyers attempting to secure a new build. The consensus of the French Workbench podcast panel was that as people moved out of cities in order to take obtain a friendlier living environment, that both new home as well as existing home prices will remain high if not go higher from increased demand. In addition, the reinstatement of incentives by builders could be an early indication of the sales market softening.
More on Rezul News
According to Rick Raines of the Atlas Group LC, a residential property management firm with over 25 years in the Las Vegas market, "Rentals are moving as fast as they possibly could. Rental prices are steadily increasing and the demand is increasing as well. If a property is priced right, it is gone within a few hours. It is not unusual to get over a hundred inquiries within a 24 hour time span on just one rental listing. There are many reasons that are supporting this renting frenzy. First of all, in general, many people are getting pushed out of the home buying market as prices continue to rise. In addition, we have had several owners come through our office that had just sold property in another state. In many instances, they are choosing to rent before they buy again. They have the means to pay their entire initial lease term upfront when they move in. Also, current Las Vegas residents are seeing rental prices rise and in many instances are choosing to lock-in better housing at a slightly higher rate now instead of waiting for prices to rise even further.
More on Rezul News
Rental and sale statistics received through the Multiple Listing Service show that both the sales and rental markets of available properties are expanding, but not at a rate that is of a significance to change the current housing climate in Las Vegas. On average, additional housing units have been increasing about 3% per week over the last month.
Be sure and subscribe to the French Workbench podcast hosted by Daniel French every Saturday for the most relevant housing updates. If you would like touch base with a property manager, call the Atlas Group LC at 702-916-2222. We would be happy to discuss any challenges you may be facing and there is never any obligation.
Most of the national builders have removed incentives for both buyers and real estate agents in the current sales climate and are still receiving multiple bids on properties. In some instances, there are waiting lists of buyers attempting to secure a new build. The consensus of the French Workbench podcast panel was that as people moved out of cities in order to take obtain a friendlier living environment, that both new home as well as existing home prices will remain high if not go higher from increased demand. In addition, the reinstatement of incentives by builders could be an early indication of the sales market softening.
More on Rezul News
- Drone Light Shows Emerge as the New Standard in Live Event Entertainment
- Lore Link is Here to Help Organize Your Game
- Chappaqua's Annual Townwide Summer Sale – Unbeatable Savings at Your Favorite Local Boutiques!
- Skyline Partners with ZenSpace to Offer Private Meeting Pods for Trade Show Exhibitors
- Garden City Realty recognizes top REALTOR®s of the Month and Quarter
According to Rick Raines of the Atlas Group LC, a residential property management firm with over 25 years in the Las Vegas market, "Rentals are moving as fast as they possibly could. Rental prices are steadily increasing and the demand is increasing as well. If a property is priced right, it is gone within a few hours. It is not unusual to get over a hundred inquiries within a 24 hour time span on just one rental listing. There are many reasons that are supporting this renting frenzy. First of all, in general, many people are getting pushed out of the home buying market as prices continue to rise. In addition, we have had several owners come through our office that had just sold property in another state. In many instances, they are choosing to rent before they buy again. They have the means to pay their entire initial lease term upfront when they move in. Also, current Las Vegas residents are seeing rental prices rise and in many instances are choosing to lock-in better housing at a slightly higher rate now instead of waiting for prices to rise even further.
More on Rezul News
- Maui Investment Property Realtor Shares the Wonders of Stargazing on Maui!
- Houston Office Market Report | Q2 2025
- Yes, Islamorada is The Fishing Capital of The World, Here's Why!
- Corner Property Management Selected as New Management Company for Orange COA
- AI Innovation Dual-Strategy Business Model Focused on Real Estate Development for Strategic Expansion: OFA Group, (N A S D A Q: OFAL)
Rental and sale statistics received through the Multiple Listing Service show that both the sales and rental markets of available properties are expanding, but not at a rate that is of a significance to change the current housing climate in Las Vegas. On average, additional housing units have been increasing about 3% per week over the last month.
Be sure and subscribe to the French Workbench podcast hosted by Daniel French every Saturday for the most relevant housing updates. If you would like touch base with a property manager, call the Atlas Group LC at 702-916-2222. We would be happy to discuss any challenges you may be facing and there is never any obligation.
Source: Atlas Group LC
0 Comments
Latest on Rezul News
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- Salazar Heating, Cooling & Plumbing Launches Water Conservation Initiative to Help Santa Fe Homeowners Cut Water Waste
- Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
- Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
- Winners Development Corporation Pioneers Skyscraper In South Dallas
- Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
- Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
- Extreme Exterior Cleaning of Seaside Florida Home Separates Pros from Amateurs
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
- The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
- San Antonio Board of REALTORS® Among First to Use Passkey Login with Solid Earth's SSO Dashboard
- CGI+ Sells Multifamily Development Site in Los Angeles' South Bay to JPI for $40 Million
- $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- Despite Global Calls for a Ban, US Child Psychiatry Pushes Electroshock for Kids
- Franco Polished Plaster Celebrates 35 Years of Bringing Walls to Life in the UK
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
- Preliminary.online Introduces Short-Term Job-Readiness Courses with Employer-Verified Certifications
- Psychologist-Turned-Hermeticist Releases Modern Guide to the Seven Hermetic Principles