Condo, townhome prices in Southern Nevada reach all-time high in April

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  • Опубликовано: 12 май 2024
  • Condo and townhome prices in Southern Nevada reached an all-time high in April 2024.
    Single-family homes have priced many out of the market as well. Experts said the cost is driven up by a myriad of things including low inventory and cash investors.

Комментарии • 30

  • @stephaniejames4940
    @stephaniejames4940 15 дней назад +15

    So why not put a stop to these investors purchasing homes setting the cost of rent. This man has some agenda if he can't see the correlation. Months ago they purchased 250 in just one day, then put them on the market for high ass rent.

  • @acme.videos
    @acme.videos 15 дней назад +8

    California residents who moved here drove up the home prices and also made driving in the Vegas worse!

  • @FrankJo
    @FrankJo 15 дней назад +12

    My 1BD in NLV is $1600 like WTF! Last year it was $1300. This is getting out of hand here.

  • @maragon1
    @maragon1 15 дней назад +11

    “Compared to California” anywhere is cheaper 🥴🥴🥴

  • @mathewarellano4087
    @mathewarellano4087 14 дней назад +4

    People have to stop blaming average Californian's moving to states. There's several other big factors to play. Investment firms starting to buy up single family homes to have as rentals forever. People flipping houses for exorbitant prices, and people just renting houses to make extra income. There's no personal accountability that those actions are gonna make things too difficult. Everyone is selling out for the buck. Even actual locals will sell off at whatever price just to make that buck not caring in the end what the effects are.

  • @winstonperalta1345
    @winstonperalta1345 15 дней назад +4

    Low inventory?????how that things happened, around my neighborhood people are living free.occupy by Homeless.

  • @waterwitch8902
    @waterwitch8902 15 дней назад +5

    Lol owning a home in Las Vegas, a study in price gouging.

  • @Delanoay
    @Delanoay 15 дней назад +2

    We should be aware of people like Randy. He speaks of choice like its the only option.

  • @k31than
    @k31than 15 дней назад +2

    @1:34 This guy's idea of a solution isn't really for the regular folks who are looking to buy a home. Building more houses won't solve the problem (re lower the prices of houses) because as long as you have investors with deep pockets and unlimited money buying [most of] those houses, supply and/or the builders won't be able to keep up.

  • @jacquelynharper3659
    @jacquelynharper3659 13 дней назад +1

    This is happening all over the country

  • @carmellasidwell3809
    @carmellasidwell3809 10 дней назад +2

    You all must have not been alive in the 80's ...lol These are not high interest rates.. 9 percent to 13 percent were normal..

  • @WLA-General
    @WLA-General 15 дней назад +9

    Too many people not enough homes?? Lies

    • @Delanoay
      @Delanoay 15 дней назад +5

      Too many investors.

    • @AlejandroGarcia-xq1mt
      @AlejandroGarcia-xq1mt 14 дней назад

      Is just an excuse to control the market and for them to continue making money, we need to go in recession to reset the economy.

    • @I_Love_Furbabies
      @I_Love_Furbabies 14 дней назад

      Stop building and have them move elsewhere!!

  • @AlejandroGarcia-xq1mt
    @AlejandroGarcia-xq1mt 14 дней назад +1

    Investors still building but since they can’t sell them they are putting them for rent still making lots of profits inflation is going nowhere, and house market prices are here to stay. Am hoping the economy go recession and to to reset starting from zero just like on the passed. Cheaper to buy in Nevada yes just by 50k and salary is lower than California so make me understand in which way is cheaper 😮

  • @thomaskim5008
    @thomaskim5008 14 дней назад +1

    The bubble will burst. Look at Austin, TX and FL.

  • @LauraVee63
    @LauraVee63 15 дней назад +3

    As soon as state income taxes return to the state of Nevada, things may calm down a bit. We need state income taxes.

    • @702Wolfi
      @702Wolfi 15 дней назад +9

      Did you know that you can donate your money to the state of Nevada?

    • @Delanoay
      @Delanoay 15 дней назад

      Probably thee stupidest shit I've read all year. Filthy statist.

    • @Delanoay
      @Delanoay 15 дней назад

      Probably thee stupidest shit I've read all year. Filthy statist.

    • @maragon1
      @maragon1 15 дней назад

      Taxation is theft & none of us are being represented. Taxation without representation. High Treason.

    • @YouEatFishSticks
      @YouEatFishSticks 15 дней назад

      If you don't like Nevada state tax then go back to California!