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Nevada: New Business Is Welcome, New Taxes Are Not

Business Facilities

There are no personal income taxes, corporate taxes or an inventory tax in Nevada—just a pro-business climate that is attracting a bevy of new jobs. Read: Nevada: New Business Is Welcome, New Taxes Are Not at BusinessFacilities.com.

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Inventory Shortage, Rising Prices Affect Luxury Market

Pro Builder

Inventory Shortage, Rising Prices Affect Luxury Market. The luxury home market has experienced the same buying frenzy seen in the middle and lower ends of the market, resulting in rising home prices and fast-moving inventory. cbroderick. Thu, 07/29/2021 - 10:29. In May, a $28 million 1.26-acre In May, a $28 million 1.26-acre

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Home Prices Rise at the Fastest Rate on Record

Pro Builder

After nearly two years of relentless gains, home-price growth gradually decelerated in the fall of 2021, but constrained inventory and uninhibited demand led to sharp price increases at the start of 2022.

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Bay Area Tech Workers Flee to Lake Tahoe, Dramatically Reducing Housing Supply

Pro Builder

Lake Tahoe, a peaceful retreat on the edge of California and Nevada, has been swarmed with tech workers fleeing the dense, pricey San Francisco area. CNBC reports that Lake Tahoe area brokers are seeing an inventory shrinkage like no other, with only one-fifth to one-tenth of the usual listings available. cbroderick.

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Builders Pause New Projects as Home Sales Slow, but Experts Say the Time to Build Is Now

Pro Builder

A supply and demand imbalance has flipped on its head, and as mortgage rates climb higher and home prices break new records, no amount of new inventory seems to be enough to keep buyers in the game. . A decades-old housing shortage has left the U.S.

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What Was September Like in Denver, Las Vegas, and San Diego?

Pro Builder

Inventory in San Diego is at an all time low, whereas inventory in Denver is up 107% (about double) from the all time low in March of this year. Las Vegas inventory is up 74% from the record low in April. Months of inventory increased to 0.76 Las Vegas inventory is up 74% from the record low in April.

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Which Housing Markets Are Seeing the Most Deceleration?

Pro Builder

Low inventory has been a driving factor of record-high home prices throughout the last several years, but between March 26 and May 7, nationwide inventory levels rose 10%, according to Fortune. While inventory levels are rising fast percentage wise, they're still far below pre-pandemic levels.

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