Good news, landlords. We are going to get paid more for all the */#@$%^ we take. (I know about the grief, because I am Vegas's most caring landlord.)
CBRE Las Vegas reports rents for residential real estate rose 6.3 percent on average last year. The real estate firm estimates rents will rise this year, too, because we are 6 percent below our record rents of 2007, which is almost a decade ago! It estimates another 5-6 percent gain by the time December rolls around.
Zillow claims the median rent in Las Vegas is $1200.
Home prices are rising, too, so landlord are also making money on their investments. Want to go shopping anyone?
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"It was a pleasure to work with Jake. Jake was extremely responsive and very flexible. He showed me every house I wanted to see and also recommended a few homes for me. I can't speak highly enough of my experience all throughout the home search, negotiations, and closing. Jake was tremendous, he quickly handled any issues that may have risen and he answered all my emails and texts promptly, showed the house well and did everything he said he would do in a very timely manner. Jake gave me great advice many times and I could not be more happy with his service. I highly recommend him to anyone wanting to buy or sell a home.
Thank you for everything Jake!"