The NVSAA can help you find a qualified renter with its Tenant Screening services. As a property manager or landlord, your profits depend on the quality of your tenants. The liability of accepting a bad tenant is huge! Eviction and legal fees can cost thousands of dollars, while property damage can be staggering. Your investment needs to be protected.
With over 2.6 million apartment units updated each month, ALN Apartment Data is one of the most complete and accurate data provider available anywhere in the country. The Las Vegas Apartment Market Overview for September 2014 is now available to view.
A good bet. Few of the nation's local economies reaped the recessionary whirlwind to the devastating extent seen in Las Vegas. While the return to pre-recession employment levels and the high rates of population growth that once helped animate the local economy and its housing markets remains a task for the period ahead, new favorable trends and conditions are indicated. Tourism, the lynchpin of the local economy, is driving the resurgence. Indeed, according to preliminary data provided by the U.S. Bureau of Labor Statistics (BLS), employment in the Leisure and Hospitality sector accounts for fully 272,100 jobs (34.8%) of total private non-farm employment in the local Metropolitan Statistical Area (MSA) as of August. Growth in this sector, a little slower over the recent period, remains positive: the 1,200 jobs added net over the latest August-to-August period brought employment in this sector to within 2,000 jobs of the August peak recorded for 2006.
New apartments are coming on line across the US at the fastest pace in more than a decade. Is that pace too rapid? MPF Research says no.
Tesla recently chose Nevada as the site for its 5-million-square-foot battery factory. According to initial estimates, the factory will potentially have a $100-billion economic impact over 20 years, with direct and indirect job creation totaling upwards of 22,000 positions. In a recent special session, the Nevada State Legislature approved four bills that will provide Tesla with the largest incentive package in Nevada’s history, totaling roughly $1.3 billion over 20 years. In addition, the company has agreed to make contributions to education in the state as well as make the hiring of Nevadans and veterans a priority.
The multifamily sector is witnessing a strong rebound as the single-family building sector struggles to move at all, the latest Freddie Mac Economic and Housing Market Outlook report said.
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