Two national studies confirm Las Vegas is a great place to live
LAS VEGAS (KSNV) —
The results are in. Two national studies confirming Las Vegas remains a hot market when it comes to places to live.
United Van Lines releasing its 42nd annual national movers study, which shows Nevada is the 4th most popular state to move to in the country.
"We see a lot of people moving here from California, Chicago, Arizona, New York," said Georgia Purpura with Urban Nest Realty. She says her experience confirms what the study found.
The reasons most cited she says, affordability, including lower taxes and the weather.
Another study conducted by Zumper.com releasing its national rent report comparing 100-cities.
"Both one and two bedroom rents are up around 15 percent year over year, which is pretty notable," said Zumper analyst, Crystal Chen. She says demand in Las Vegas is steady, which is driving prices higher, Las Vegas now jumping to the 51st most expensive rental market.
Even so, Crystal says it remains a bargain, especially for one and two bedroom units.
"Vegas is still about 200 to 300-dollars a month cheaper for those bedroom types," she said.
As for who's moving here? It's not just those looking to retire.
Georgia says she's seeing more upwardly mobile millennials and employees transferring with companies like Amazon, The Raiders, and more.
"Google is going to build a big data center here in Henderson, so it's a lot of non-gaming, non-Strip businesses," said Georgia. Similar market trends are expected to continue through 2019, with a possible tapering off in 20-20, or even the year after.