Community Discussions
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Buying a house in Las Vegas. Is it doable anymore?
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Looking for some advice or perspectives on the current housing market in Las Vegas. For context, we have a dual income of $180k, no kids. Here’s our situation:
We currently own a starter home that we purchased during the recession years for ~$200k. The monthly payment is super low (about $1,000), so bills and spending don’t really stress us out much right now. We’ve been updating the house gradually over time, and while it’s perfectly livable, we’re starting to feel like we’d like a bit more space and a slightly bigger yard.
However, to even find something that feels like an upgrade from our current home, the price point would be around $650k which is baffling. If we sold our house and pocketed roughly $200k for a down payment, the new mortgage payment would still be around $3,700. Otherwise, it's closer to $4,700 with the money we have set aside right now (we are still saving as we figure this out). That’s such a tough number to stomach! And that's not even considering the changes in bills, surprise maintenance, etc. We could make it work but we would have to be super strict with our budget and cutting out a lot to make sure we're okay.
What makes it even harder is how much Las Vegas has grown and how investors have bought up so many properties. It feels almost hopeless at times, like the market is completely stacked against regular buyers. The pressure is immense, and we’re stuck trying to figure out what to do. It sucks how we're constantly having regrets on not being ready just a few years ago before everything blew up.
Is this just the new norm for Las Vegas? We’re debating whether it’s worth staying put, continuing to update our current smaller home, and enjoying the financial flexibility, or if biting the bullet for the higher payment makes sense in the long run. I keep hearing how it's better to buy now and refinance later but who knows when interest rates actually will drop. And again, such a high mortgage payment is still hard to accept.
I’d love to hear from anyone who’s been in a similar situation or has insights on the Vegas housing market right now. Thanks!
Top Comment: You at least have one step up from a new "regular buyer". You have a home with a $1k mortgage (!!) payment and 200k equity for the new one. New buyers don't have either. So the answer is: - stay put and learn to appreciate the starter home. take that extra 3k+ you would spend on a new house and take a new vacation every month. - save more money and/or make more money - decide if the bigger house is worth the extra money, and then go for it
Opinions on Mr. House in New Vegas
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I wanted to get people’s opinions on Mr. House from long time players of the games. Just recently started playing the games (yes I know where have I been for like the past decade) but idk how I feel about him. So I thought I’d stir this up.
Top Comment:
Personally my favorite faction choice. He has the knowledge and power to actually make the Vegas region into something great. Sure, some personal freedoms are probably lost, but he doesn't seem like a genocidal maniac and will let people do their own things so long as it doesn't directly impede on his plans.
All the factions have negatives, but I felt that House has the most negligible ones in return for what he offers for the future.
gofundme: Display Mr. House on the Las Vegas sphere! : fnv
Main Post: gofundme: Display Mr. House on the Las Vegas sphere! : fnv
gofundme: Display Mr. House on the Las Vegas sphere!
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If you have (very) disposable income, this is your moment:
https://www.gofundme.com/f/display-mr-house-on-the-las-vegas-sphere-for-one-day
Top Comment: I just don’t trust this person to actually do it.
PSA - House of Blues Vegas - Kiss of Life - Bad experience
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We all paid money to see the show but this individual needs to understand that everyone behind can't enjoy the show if you constantly scream JULIE I LOVE YOU when other members try to talk and wave that fan everytime Julie is on the mic, glad you had a blast, but please be more aware of surroundings and understand Julie isn't there just for you.
Top Comment:
some girl near me was also doing the same thing AND she was yelling at some famous youtuber named terry i was like girl...
Fallout: New Vegas
Main Post: Fallout: New Vegas
Steakhouses on the strip
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Planning a bachelor party for a small group of friends and the bachelor is wanting to go to an above average steak dinner. Any ideas on where we could get a good steak dinner without spending $1000 per person would be greatly appreciated.
Top Comment:
Honestly an underrated steakhouse on the strip is the steakhouse at circus circus. (That is the actual name) I think it's one of the true hidden gems on the strip.
Steakhouse Recommendations
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Anyone been to Bavette’s @ ParkMGM? Wife and I have always done steakhouses for our anniversary dinner but been to any steakhouses out here as we fear it just wont meet our expectations from our favorite place when we lived in Colorado. Price isnt an issue since its our anniversary we normally drop 4-500$ anyway in CO. Dont worry Im not a transplant from CO we’re both born n raised here I was in the army and CO was my last duty station. Any good recommendations welcome. Thanks in advance.
Top Comment: Bavettes is phenomenal - vibe and food. Among the best steakhouses on the strip and certainly worthy of a celebration dinner. Happy anniversary!