“If you’re planning to sell property in the next 10 years, Las Vegas should be high on your list of considerations,” Tricoli said. “The city’s history of booms and recovery, along with its thriving real estate market, make it an attractive investment destination. Las Vegas offers a strong job market, high rental demand, affordable housing options, a growing population, significant infrastructure investment, a flourishing tourism industry and favorable tax benefits.”
The median home price is up 6.3% year-over-year, which is a promising trend, Tricoli said. It’s also a good place to buy if you plan to rent your property out.
“Las Vegas’s diverse economy, driven by sectors like health, technology and entertainment, contributes to its stability and growth,” he continued. “As a top tourist destination, it provides a reliable source of rental income. With its combination of factors, Las Vegas emerges as one of the best places to invest in real estate for long-term returns.”
