The national news media is coming around to something Kamran Zand and his team at Luxury Estates International (LEI) have known for quite some time: Las Vegas is one of the top markets in the country for home sales.
CNBC has named Las Vegas the fourth healthiest housing market in the country based on data from TenX. CNBC calls the ranking a “surprise appearance,” but count LEI among the experts who understand that Las Vegas has been dramatically growing for years. A population surge and an expanding job pool are credited with the high placement on the list. Tampa, Dallas and Columbus also scored big.
The improved performance of Las Vegas is also recognized in a new report by Forbes. Based on research of the top 300 housing markets by Local Market Monitor, Forbes calls Las Vegas the 15th best market in the United States for real estate investment. Data reveals the average home price in Las Vegas remains at an enticing level below the national average. However, Las Vegas leads ahead of the national average in the three-year price growth forecast. Nevada’s largest city sits alongside Dallas, Tampa and Orlando as housing markets lining up to have bright futures.
These figures are no surprise to the sales and marketing teams at LEI, who know that Las Vegas properties – especially luxury homes – offer tremendous space, comfort and amenities for each dollar spent, proving to be a valuable and welcome return on investment. LEI has taken advantage of the economic climate by teaming up with Caimeiju, an online resource that matches U.S. properties up with Asian investors looking for reliable holdings.
Las Vegas is a hot market for real estate and when buying or selling a home, you’ll need an agent who understands the future and can forecast trends before they unfold. There’s no one else who better understands this vibrant, promising and exciting market than Kamran Zand. Contact your Las Vegas luxury market expert today and take advantage of everything this thriving city has to offer.