Las Vegas Rents Continue Rising

Rising rent costs are forcing some residents of the Las Vegas Valley out. Rent prices near the Strip have been rising steadily in recent months, prompting many tenants to move out. In the last year alone, rent costs rose 4.4%, and the housing market has grown increasingly competitive.

The rush to find affordable housing has also brought about several other challenges for apartment-seekers. Because so many people are in a huge rush to find affordable housing, there are now many “too good to be true” offers online. The competition for a lease has created an environment where apartment-seekers and prospective homeowners are vulnerable to false advertising and other unscrupulous activity.

If you’re looking for a new home, there are three steps that can help expedite the process and keep you safe. First, avoid sites like craigslist whenever possible. There are many scams mixed in among legitimate listings, so it’s better to look elsewhere. Second, if it sounds too good to be true, it likely is. Lastly, if you’re in a rush, writing a letter to the property manager is a good idea. If you take initiative, you’re more likely to get the home you want.

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5 years ago
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