There is quite a bit to cover in the question you are asking. I am a native and local of Las Vegas and find it quite a delightful place to live. I am assuming that you have done research about the market in Vegas, but it has obviously been quite volatile over the past few years. Houses have gone up in price around 10-20% over the past year and half after the huge crash etc. I am in the south west and while it is a bit underdeveloped commercially it is coming along. How big of a house are you looking for and are you looking for a ranch style or two style? Ranch style in vegas are more desirable but a bit more expensive on the frontend. However, they will save you quite a bit in cooling cost from april to september. Henderson is a great area to live I lived there for 4 or 5 years and it was probably my favorite area. However, houses are a bit more expensive in the part of Henderson that is nice. Anyway, more questions you ask that are specific the more I can help with vegas. I am not a real estate expert here but I do follow enough of the market to feel somewhat comfortable.