Developers of Henderson’s Inspirada relaunched a master plan on Aug. 2 and rolled out a sales blitz featuring nine fresh communities with 16 new home designs.
Housing
The median price of a single-family home hit $200,000 in the month for its highest level since August 2008, when it marked $210,000, the Greater Las Vegas Association of Realtors reported Thursday.
It’s like 2006 all over again — with a few twists.
Nevada couldn’t escape its foreclosure quagmire in the first half of 2014.
Mortgage buyer Freddie Mac said Thursday that the nationwide average rate for a 30-year loan rose to 4.15 percent from 4.12 percent last week. The average for the 15-year mortgage increased to 3.24 percent from 3.22 percent.
Nevada’s housing market closed out the first half of 2014 with steady gains. Monday numbers from the Greater Las Vegas Association of Realtors showed continued increases in median prices.
The Nevada Supreme Court has rejected a request for class action status for claims of damaged stucco from faulty construction by Del Webb Communities involving nearly 1,000 Sun City Summerlin residents.
It’s the big question on the lips of jumpy locals still snakebitten by a nation-leading housing bust. Have we recovered so quickly that we’ve created another bubble?
The state had 1,942 owner-vacated foreclosures — or “zombie” foreclosures — in the second quarter, according to Wednesday numbers from California housing research firm RealtyTrac.
Sales of U.S. existing homes up 4.9 percent in May
The Howard Hughes Corp., in a joint-venture with Discovery Land Co. of Scottsdale, Ariz., will build about 250 homes on large lots in what is expected to be the most expensive luxury development in the Las Vegas Valley.
The Greater Las Vegas Association of Realtors reported Monday that the median sale price of a single-family home in the Las Vegas Valley hit $195,000 in May, returning to where it was in March after dropping to $192,000 in April.
Nevada remained a high-foreclosure market despite a May surge in defaults in other states, a Monday report said.
In another recovery milestone, a new master plan is set to get underway in northwest Las Vegas. Skye Canyon was scheduled to hold its groundbreaking on June 5, making it Southern Nevada’s first big, new residential development to get underway since the recession.
Taxpayers are still helping prop up North Las Vegas’ Buena Vista Springs senior apartment complex, some five months after tenants called for a rent strike and nearly a month after politicians labeled the oft-maligned complex’s owner a “slumlord.”
1
2
3
4
5
Vegas gaming company clearing out all ‘Dragon Train’ slot machines
Famed rock band plays 1st Las Vegas show since ’88
How and where to watch the Tropicana Las Vegas implosion
Van Halen legend wants his own Las Vegas resort
Why are California’s tech millionaires and billionaires flocking to Las Vegas?