The Headlines below were recently in LVRJ
Rents are on the Rise and Bidding Wars on Apartment Complexes
In May alone, 5 major apartment complexes Sold for over $250 Million
Why? The Smart Guys know that Rents in Las Vegas are going Up and Fast.
Our booming Job Market has pushed Home Values to near Record Highs.
The same Housing Shortage is Pushing Rental Prices.
Apartment Construction is also rising from 3,528 in 2016 to
4,146 in 2017 and they are expecting 6,321 Units this year.
The Average rent in Las Vegas is at $ 989
National Average rent is $1,318 making Las Vegas look affordable.
