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Stock impact report

Las Vegas Is No Longer Just a Place To Visit—a New Wave of Wealthy Residents Is Making It Home [Yahoo! Finance]

KB Home (KBH) 
Last kb home earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.kbhome.com
Company Research Source: Yahoo! Finance
"There are a number of factors driving people to Las Vegas. In no particular order: weather, a favorable business environment ... cost of living, and ease of accessibility with convenient flight options," Las Vegas developer Jim Reilly , president of Azure Resorts and Hotels , tells Realtor.com® . "You also have no state income tax, along with a well-rounded mix of entertainment, shopping, and dining." Robert Little , real estate agent with Re/Max Advantage in Henderson, NV , agrees. "Las Vegas has really evolved into a true primary living market over the past decade," he tells Realtor.com. "What we are seeing now is a much more sophisticated housing landscape, driven by strong population growth and demand from both local and out-of-state buyers." With a median listing price of $464,950, Las Vegas is experiencing a surge in new construction, particularly in the luxury market. Four Seasons Private Residences Las Vegas sits within MacDonald Highlands—known as "the Hollywood Hil Show less Read more
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