Compilation © 2023 San Diego MLS.When it comes to single-family rental properties, tenant retention and renewal is an important factor in maximizing owner returns. The information and any photographs and video tours and the compilation from which they are derived are protected by copyright. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. You may use this information only to identify properties you may be interested in investigating further. square footage and lot size) with the assistance of an appropriate professional. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. You should rely on this information only to decide whether or not to further investigate a particular property. This information is deemed reliable but not guaranteed. This is in line with the greater Las Vegas-Henderson-Paradise Metro, where the median rent is also $1,500. Las Vegas’s median apartment rental is $1,500 per month. Zillow reports that home values have increased 1.1% over the past year, and predicts a 2.6% increase over the coming year. The median home value in Las Vegas is approximately $284,000. There is also a children’s museum, a natural history museum, and an entire Downtown Arts District with galleries and events, among many others. The Neon Museum holds many of the historical signs that have since been taken down from The Strip. Las Vegas is home to a number of museums and galleries. Las Vegas is also home to the world’s largest cannabis dispensary, at 122,000 square feet. Allegiant air launched its first hub in Las Vegas in 1997. Online retailer Zappos, for example, originally launched in San Francisco, but moved their headquarters to Las Vegas. While Las Vegas is known for its casinos, there are a number of other businesses and industries on the rise. Though the Las Vegas Strip is often referred to as “Las Vegas,” the Strip itself is actually located in the Paradise and Winchester communities. The greater metropolitan area has a population of over 2.2 million. Las Vegas is one of the top three business convention destinations, and is a global leader in the hospitality industry, with more AAA Five Diamond establishments than anywhere else in the world.Ĭensus data from 2018 estimates the population of Las Vegas at 648,000. The City of Las Vegas the 28th most populated city in the United States Research completed by projects the housing market in Las Vegas will slow and stabilize, with an anticipated 2.2% growth over the next year. While prices on the Pacific Coast mostly maintained, the Las Vegas market saw growth of over 7%. Real estate and housing analytics firm CoreLogic reported in June of 2019 that during an investigation of twenty top metro areas from April 2018 to April 2019, Las Vegas saw the most improvement year-over-year. Rising home prices, decreasing unemployment state-wide, and general shrinkage of homes on the market for sale all contribute to Las Vegas’s consistent growth, continued demand, and climbing rental rates. In addition to a tourist destination, Las Vegas has a blossoming and burgeoning residential market. Old Vegas, known now as Fremont Street, boasts the classic retro casinos Golden Nugget and Binion’s, and is formerly known as “Glitter Gulch”. The famous Las Vegas Strip, which is a 4 mile portion of Las Vegas Blvd, houses the bulk of the casinos, full of dazzling flashing and neon lights. Las Vegas, Nevada known for being a city of gambling and glitzy casinos, has also evolved to be a mecca of dining and world class entertainment and nightlife.
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