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Housing

Las Vegas home prices stabilize; median price at $205,000

The median price of single-family homes sold through the Greater Las Vegas Association of Realtors’ Multiple Listing Service reached $205,000 in February, up 2.5 percent from January and 7.9 percent from February 2014.

JPMorgan will pay $50M to compensate homeowners in bankruptcy

JPMorgan Chase will pay $50 million as part of a national settlement agreement to compensate homeowners in bankruptcy over the use of robo-signing and other improper practices, the Department of Justice said on Tuesday.

Cadence, under the radar for 2 years, ready for sales push

If you’re surprised to hear construction has been under way for more than two years at Henderson’s Cadence master plan, well, that’s kind of how developer The Landwell Co. wanted it. LandWell worked below the radar in the downturn to prepare for the day when the market would be ready for Cadence.

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Nevada lawmakers address reforms of state construction defect law

CARSON CITY — Suggesting that Nevada’s construction defect law has benefited attorneys rather than homeowners, lawmakers and construction industry representatives testified in support of a bill Wednesday that they said would fix problems with the law.

Las Vegas home sale prices jump up in January

New numbers show that Southern Nevada’s housing market began 2015 on solid footing. Housing prices jumped in January even as the market slowed and fewer homes sold, the Greater Las Vegas Association of Realtors reported Monday.

6 options when you can’t afford your mortgage anymore

If you’re struggling to make your mortgage payments, there are several options to help keep you in your home (or at least limit the financial damage of giving it up). Here’s what to do if you can’t keep up on your home loan payments anymore.

Report: Foreclosed-on homeowners may return to market

A Tuesday report from a national real estate research firm ranked Las Vegas No. 1 for its share of boomerang buyers — home buyers who experienced foreclosure or short sale in the downturn but are set to purchase again.

Phoenix drywall company expanding to Las Vegas

Paul Johnson Drywall of Phoenix has bought a 6,500-square-foot office building at 5957 McLeod Drive for a Las Vegas location, with plans to bring on as many as 100 office and field staff members by the end of the first quarter.

GLVAR selects new chief executive officer

The 11,500-member Greater Las Vegas Association of Realtors announced Monday that it has named Michele Caprio chief executive officer.

Thank Santa: Las Vegas home prices ticked up in December

The Greater Las Vegas Association of Realtors reported Wednesday that the traditionally slow holiday season brought a slight uptick in local home prices.

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