Flipping houses is losing its appeal in Las Vegas as rising costs, increased competition, and market uncertainties curb profits. Investors are becoming cautious amid shifting real estate dynamics, reports the Las Vegas Review-Journal.
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A recent report reveals Las Vegas boasts one of the lowest apartment vacancy rates in the U.S., highlighting strong rental demand amid ongoing housing challenges, according to the Las Vegas Review-Journal.
Rich Californians are increasingly relocating to Las Vegas, attracted by more affordable property prices and lower crime rates. This trend signals a shift as the wealthy seek better value and safer communities.