New Homes Research in Las Vegas

Las Vegas, Nevada, USA

Las Vegas is the home of over 1 million people.
The Fastest growing city in the nation.
Number one nationally in job growth.
Number one in income growth, a 10.7% increase.
United States’ hottest housing market.
Money Magazine Rated Las Vegas #9 of the top ten cities in America to live in. That's up from 34th a year ago(July '95).
The Las Vegas area offers some of the best recreational opportunities.
Nevada is the number one state in the nation for business climate.
Number one in the nation to register a corporation because of tax laws and secrecy.
Las Vegas, the city bond rating was upgraded to AA-minus by Standard & Poor.
Nevada's current population is 4/5ths of 1% of the USA and yet its home sales were 2.5% of total home sales in USA for '95!!
Las Vegas valley reached 1 million people in 1994.
Projections estimate 2 million by 2010!! some say sooner.
4 to 5,000 people a month are still moving to Las Vegas.
Jobs: Nevada is #1 in nation in '94 & '95.
A 8.2 % increase through Feb. '96.
39,000 in metropolitan Las Vegas, with a 5.9% unemployment rate.
Las Vegas, the city, was third behind Orlando #1; Salt Lake #2.
Projecting a 4% growth in '96 to a 5% growth in '96.
2nd quarter '95 saw a 2.1% gain in personal income growth in Nevada which led the nation.
In 1994 the Resorts saw $428 billion wagered; a 22% increase over 1993.
1995 was 16% better than 1994.

Nellis Air Force Base:

The largest flying facility in the Air Combat Command of the US Air Force & the world.

Active duty personnel: 14,000,

with dependents of 25,000,

and T.D.Y. of 18,000,

add civilian workers & retirees of 23,000,

equals 80,000 people with a payroll of $500,000,000 per year.

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