Did you know that Las Vegas consistently ranks as one of the best places to live?
For those of us who live, purchase homes, raise families, work, play and eventually retire in Las Vegas, these rankings come as no surprise.
Las Vegas captured the number three spot among the top ten cities everyone wants to move to! A recent Redfin study which analyzed the online searches of more than two million people found a U.S. population eager to move away from their hometowns, not for job opportunities, but because they are fed up with overly expensive cities like New York, Los Angeles, San Francisco, and Seattle and they’re moving to sunnier and more affordable locations like Las Vegas.
But that’s not to say new high-paying careers aren’t calling many to relocate. A growing tech hotspot, Las Vegas is actively attracting workers who would have been traditionally drawn to places like Silicon Valley, as job markets in data science, software development, IT, and blockchain-related professions start to explode.
Shahn Douglas, Chief Marketing Officer for Juhl, a luxury condo community that spans an entire city block in downtown Las Vegas, concurs with the sentiment that “life is simply more affordable and enjoyable here,” as the city continues to see an influx of Californians relocating to the area.
Douglas notes that a hefty percentage of out-of-state buyers contributed to Juhl’s record sales over the past year. “Many attracted to Las Vegas right now are looking for luxury at an affordable price point that also makes for a good investment. In Las Vegas that means condo communities like Juhl.”
Douglas foresees a continued trend toward buyers being attracted to luxury condominium living in downtown Las Vegas, especially as baby boomers look to right-size and invest in second homes, while millennials look for real estate investments at relatively affordable prices.