Leonard Hanks Blog

The Las Vegas High-Rise Market

A Market Briefing
Posted by John McClelland on September 21, 2017 in No Category
There is always a lot of focus on the single family housing market since it is the largest single segment of the housing stock. But with a sea of lights in the Las Vegas Valley to gaze upon and some world-class amenities, High-Rise is an exciting niche segment. Our High-Rise report illustrates recent price averages for all of the high-rise residences and condo-hotel projects, along with an update on what's new and exciting things happening in the sector.   ... read more
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Focus on Southwest Las Vegas

Commercial Construction is Booming in this Submarket
Posted by John McClelland on August 16, 2017 in No Category
If you live in the Las Vegas area, you may have noticed all of the tilt-up walls and lumber framing rising in view from the 215 in the Southwest. Clearly there is meaningful construction there; but how much? Currently there is over 372,000 square feet of commercial rentable building area scheduled to be delivered in 2017 and 2018. One of the largest components of this is the Credit One building between Durango and Buffalo, emerging in full view as you approach the 215 curve. This project is scheduled to be 152,000... read more
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Diane Varney offers expert opinion

Posted by Peter Poggione on August 03, 2017 in No Category
In a July 30 story in the Las Vegas Review-Journal, Coldwell Banker Premier Realty agent Diane Varney offered expert opinion and was quoted regarding the growing issue of residential real estate and its relationship to golf courses. With golf's popularity waning in recent years, so has profitability, which has led to several local area golf courses closing. And there are more on the way. The impact on homeowners with property surrounding these golf courses is real. Read Diane's take - and a few others' - ... read more
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Highlighted Luxury Single Family Home Communities

Looking at prices for some of Southern Nevada's most exclusive communities
Posted by John McClelland on July 28, 2017 in No Category

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Will the Raiders Relocation Kick Off a Housing Market Blitz

A White Paper
Posted by John McClelland on June 15, 2017 in No Category
The Raider's move to Las Vegas is something that Las Vegas residents can be proud of and visitors will enjoy seeing. Our city continues to be one of the most exciting, growing areas in the country. Now that media publications have been trumpeting the move, we decided it was important to take a look at some the potential impacts the relocation may have on housing. CLICK THE IMAGE TO DOWNLOAD THE REPORT SUMMARY OF FINDINGS We see the Raiders move to Las Vegas as strongly positive, but as part of a... read more
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