Category: Uncategorized
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Nevada Housing Market Bubble Risks | Got More Questions? Call or Text Me Wardley Real Estate Lic#S.0202099
Tourism-dependent economy risks sharp employment and housing downturns. Rapid price appreciation threatens Las Vegas housing market stability.
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Need for eviction assistance ‘is only going to get greater,’ state lawmaker warns
State lawmakers are considering an additional $25 million in eviction diversion funds to help tenants at risk of eviction due to economic hardship. Assembly Bill 475 proposes $18 million for Clark County and $7 million for Reno to support ongoing programs. The bill aims to expand assistance beyond seniors and disabled individuals to families with…
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Happy Easter | Got More Questions? Call or Text Me Wardley Real Estate Lic#S.0202099
Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival of Christianity.It is believed that Easter is named after the Anglo-Saxon goddess of the dawn and spring, known as Eostre.Examples of Easter traditions include Easter eggs and related games such…
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Nevada: What’s the Cost per Square Foot? | Got More Questions? Call or Text Me Wardley Real Estate Lic#S.0202099
Nevada homes cost $239/sq-ft; $300K buys approximately 1,254 sq-ft. Housing remains expensive, especially for first-time buyers, despite hopes the market will stabilize.
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Here’s where apartment sizes are growing the most
In 2024, Tallahassee and Gainesville, Florida, had the largest average apartment sizes in the U.S. at 1,130 and 1,122 square feet, respectively, while Seattle had the smallest at 649 square feet. The national average apartment size increased to 908 square feet, with one- and two-bedroom units growing by 4 to 13 square feet. The report…
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Why Does Nevada Lag in Homeownership Rates? | Got More Questions? Call or Text Me Wardley Real Estate Lic#S.0202099
Nevada's homeownership rate stands at 60.4%, below the national average of 65.2%. Homeownership in Nevada has remained stagnant, increasing just 0.1% over the past year.
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The Cost Per Square Foot for a Nevada Home
In Nevada, the current median home price is $239 per square foot, meaning $300,000 buys a 1,254 square foot home. For $500,000, buyers can get a 2,090 square foot home. The housing market remains expensive, with the 30-year mortgage rate averaging 6.07%. While some buyers are waiting for better conditions, there's no guarantee that prices…
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Home Upgrades Booming by 2032 With 6% CAGR Predicted! | Got More Questions? Call or Text Me Wardley Real Estate Lic#S.0202099
The home improvement market is set to grow from $974.57B in 2025 to $1.46T by 2032, driven by innovation. The Leading Indicator of Remodeling Activity projects a 1.2% increase in year-over-year home renovation spending for 2025.
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New Tariffs Could Raise Construction Costs by 60%! | Got More Questions? Call or Text Me Wardley Real Estate Lic#S.0202099
U.S. construction faces rising costs as new tariffs could increase material prices by up to 60%. Construction inputs for multifamily projects have already surged 35% in 5 years, squeezing project feasibility.