Video courtesy of Faiss Foley Warren
Las Vegas has grown by leaps and bounds since I moved here in 2000. I have watched empty areas become full with homes & commercial buildings. The city has done a good job keeping up with the influx of people. Over the past 8 years there has been approximately 5,000 new people to Las Vegas per month. As the market has shifted the builders are slowing down and the resales have increased. But the good news is that the sales are skyrocketing and the inventory is depleting. We currently have about 9 months of inventory available if no more homes were listed for sale. Our sales are the highest in a 10 year history for our company. So if you are moving to Las Vegas you may want to consider purchasing a home now when the prices are rock bottom and the interest rate is still good!
Las Vegas is still growing and new casinos are being built every month. The Palazzo just opened a few months ago and it is beautiful. The Wynn is taking applications for 5500 new employees at the new Encore. City Center is the largest project in the world. It is due to be open in 2010. More new jobs!
Our economy here in Las Vegas is strong and the building is steady! Our Mayor is always trying to get more new business to Las Vegas every month. He is also trying to get us a professional team of some sorts and a new stadium down town. Mayor Oscar Goodman has done an outstanding job building up the downtown area over the past 4 years.
For more information, visit the Las Vegas Website to the bottom of the page!
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Living in Las Vegas
One of the best things about living in Las Vegas is getting to enjoy the absolute best of both a world-famous nightlife culture and a thriving, pleasant, family-friendly community. Since moving here in 2000, I have witnessed Las Vegas grow with exciting, new commercial buildings and entertainment complexes as well as seen the region bloom with residential developments and even luxury homes for sale. Let me show you what living in Las Vegas is like.
Vegas by the numbers
Las Vegas is the # 1 location in the United States for the middle class. This is according to the Forbes American Dream Index from 2017. With an average annual income of $45,000, Las Vegas is a haven for start-up families looking to grow, as well as single professionals seeking to settle down. The median price for a home is $330,000 while the median rent price is $1,600/month. According to INRIX, Las Vegas is ranked # 4 when it comes to the Least Congested Region for Traffic, with an average 24.8 minutes commute time. 93% of Las Vegas jobs can be reached within this time, excellent for a city ranked 2nd fastest growing metropolitan area.
It’s the sixteenth Safest City in the United States according to a survey conducted by Safewise, and overall, ranked at #87 in Best Places to Live and #95 in Best Places to Retire, according to USNews.com.
Get to know the neighborhoods
More than 2.2 million people are proud to call Las Vegas their home, and apart from being one of the most-visited tourist destinations in the nation, we have a wonderful, thriving community filled with diverse neighborhoods, excellent schools, state-of-the-art medical institutions and cultural attractions. Most of its residents are not native to the area, which means that Las Vegas is an exciting revolving door of people from all walks of life. Las Vegas appeals to a variety of age groups and types of families—from retirees to young adults to single professionals to military families. Despite its flashy, extravagant, and fast-paced reputation, the region encompasses plenty of family-friendly neighborhoods.
Las Vegas is made up of seven regional municipalities—the City of Las Vegas, Clark County, Henderson, North Las Vegas, Boulder City, Laughlin, and Mesquite. Growth in the region has definitely generated a great demand for new homes at affordable prices. This ensures that tens of thousands of middle-income Americans could definitely afford to purchase townhomes in the community.
How’s the weather?
Las Vegas has one of the most predictable weather patterns in the nation. With the sun shining all-year-round, summers in Vegas can be scorching, but it’s fairly pleasant the rest of the year. The milder winter months allow residents to spend more time outdoors in our many natural parks or to go hiking, camping, boating, and even skiing.
There is a multitude of activities, events, and attractions happening in Las Vegas the whole year. Downtown Las Vegas is ranked among the Top 10 Great Urban Neighborhoods by Richard Florida, author of “The Rise of the Creative Class.” There’s great dining, fantastic shopping, and an amazing array of art, festivals, and culture. Venture down Symphony Park, home to the Smith Center for Performing Arts and the Discovery Children’s Museum, or head on over to Fremont East Entertainment District for a slice of classic Las Vegas.
Now, if bonding with nature is more your speed, here’s what we have to offer: nineteen national wilderness areas, six national parks, nine national forests, and six state parks. You can definitely choose your wild and explore the great outdoors.
A safe environment during these times: an update on restrictions
Governor Sisolak has announced the timeline for safe re-opening from February 11 to May 1, 2021. As of February 15, businesses have moved to a 35% capacity. These include gyms, fitness and yoga studios, gaming floors, arcades, bowling alleys and pool halls. Restaurants and bars, indoor drinking, beverage service will follow suit. Outdoor dining will not have a capacity limit, but will adhere to social distancing requirements. Reservations will no longer be required and the maximum number of heads per table has now increased from 4 to 6.
Meanwhile, moving to 50% capacity are libraries, museums, zoos, retail stores, malls, and places of worship. Also included are medicinal establishments and community centers and public pools. For a full list of updated measures, please visit https://nvhealthresponse.nv.gov/current-status-mitigation-measures/. There are currently no travel restrictions, but do check with the governor’s office for the latest announcements: https://nvhealthresponse.nv.gov/travel-visitors/.