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NerdWallet analyzed over 270 million rates from more than 50 insurance companies to identify the best homeowners insurance in Nevada. Top-rated insurers include Amica, Chubb, Country Financial, and USAA, each earning a 5-star rating for customer satisfaction and low complaint levels. The average annual cost of homeowners insurance in Nevada is $1,305, significantly lower than…

The Las Vegas Valley luxury home market has seen a 107% increase in average prices from 2019 to 2024, rising from $6.94 million to $14.4 million. Unlike many markets that peaked in 2021-2022, Las Vegas shows steady growth fueled by strong population growth, no state income tax, a thriving tourism scene, limited housing supply, and…

Home sales in Southern Nevada increased in 2024, with 31,305 properties sold, an 8% rise from 2023. The median price for single-family homes slightly decreased to $475,000 in December but is up 5.6% from the previous year. Condos and townhomes also saw a price drop to $290,000, though this reflects a 7.4% increase year-over-year. The…

Las Vegas Valley has underbuilt homes for 15 years, with a 64% drop in permits since 2010, far exceeding the national average decline. Challenges include limited federally controlled land, high land and construction costs, labor shortages, and tight credit. Home prices have risen sharply, reaching a record $485,000. Experts stress the need to release federal…