Ep#28 French Workbench- Should I Buy A Home Now Or Wait Until 2021 Ends?

The rental prices in Las Vegas are also increasing. Despite the high unemployment rate, rental vacancies have been trending downward to record-low rates. This shows a growing demand for rentals in the area and a positive sign for real estate investors in the area. The average rent for a 1-bedroom apartment in Las Vegas, NV is currently $1,100. This is an 11% increase compared to the previous year. The avg. rent of studio apartments is $1000, a 13% increase from last year. A those who can afford Las Vegas investment properties, this guarantees a large rental population that isn't going to be able to afford the new upscale properties that are coming onto the market. As of June 26, 2021, the average rent for a 1-bedroom apartment in Las Vegas, NV is currently $1,100. This is a 11% increase compared to the previous year. Over the past month, the average rent for a studio apartment in Las Vegas increased by 1% to $1,000. The average rent for a 1-bedroom apartment increased by 5% to $1,100, and the average rent for a 2-bedroom apartment increased by 3% to $1,295. Average rents are up 4.5 percent from one year ago. That compares to annual rent growth of 7.4 percent during the previous year. At the end of 2019, the apartment vacancy rate in the Las Vegas metro area was 6.5%. That's down from nearly 11% during the depths of the Great Recession, the report found. https://youtu.be/TXcGgXZYfqg- Hiring a Home Inspector with Experienced Training And Certification Will Save you Thousands https://youtu.be/1aO5_Ft6Gyw : Here Are The Newest And Best Locations To Buy A Home In Overpriced Las Vegas. https://youtu.be/-uw2HbPbO8c : Vegas Covid Restrictions Opening Up And How To Land A Home In A Seller's Market? https://youtu.be/B3-sw_jfla8 : Things To Know Before Buying/Moving To Las Vegas And Americans Less Motivated To Work https://youtu.be/1aO5_Ft6Gyw : This is the most overvalued housing market in America. Spoiler: It’s not in California. https://youtu.be/ak_d72u4SBo : New Home Lottery Is Back In Las Vegas https://youtu.be/5