For the last fifteen years the Las Vegas real estate market has been very robust. In fact, the US Census Bureau declared the Las Vegas-Paradise the third fastest growing metro area in the country in 2005. People move here because of the hot summers with plenty of recreational activities nearby and warm winters. Since the city is in the beautiful Mojave Desert, its residents enjoy the opportunity to golf at many premier courses throughout the year. On the financial side, state property taxes are low and there is no state income tax. These are just a few of the many reasons why residential real estate has grown so well in Las Vegas. Check out our area towns and cities page to learn more about other areas in the Las Vegas region.
Low unemployment has continually accompanied rapid population growth in Las Vegas. As the city's population grows, so does its skilled labor workforce, and businesses enjoy a favorable environment with favorable laws, large population, and millions of tourists each year. As Las Vegas residential real estate booms, so does commercial and industrial real estate.
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