Las Vegas Home Prices Inch Up as Inventory Shrinks

                              LAS VEGAS (AP) — Las Vegas home prices are creeping up for the fourth straight month as banks are putting fewer houses on the market.Officials with the Greater Las Vegas Association of Realtors say Friday that the median price of a single-family home sold in May was $128,000, which is up 0.1 percent April and 1.6 percent from a year ago.The number of home sales is also up in spite of rising prices. Realtors report 4,134 homes were sold in May, up 7.2 percent from April and 9.7 percent from last May.Inventory is down. Realtors say there were 17,346 homes listed in the Las Vegas area at the end of May, down 3 percent from the end of April and down nearly 24 percent from the same time a year ago.

Master Planned Community 

MacDonald Ranch is one of the master planned community, which is located in Henderson at the south end of the Las Vegas valley.

It is comprised of multiple other communities including MacDonald Highlands and age restricted Sun City MacDonald Ranch. The community is located within the hills of the Black Mountains.

Why Las Vegas..

Las Vegas is booming city and it has renown shows, casinos, clubs and much more. It has well job growth and anticipated that many projects are under progress.

Las Vegas is not only about entertainment but also it's local housing is surrounded by great schools, parks, shopping.

Las  Vegas climate is a subtropical desert climate, typical of the Mojave Desert in which it lies. The city enjoys abundant sunshine year-round: it has an average of about 300 sunny days per year with more than 3,800 hours of sunshine. Climate and location can suite many people. Las Vegas could be diverse and enjyoble for living.