The median local price of an existing single-family home came in at $185,000 in January, according to new numbers from the Greater Las Vegas Association of Realtors. That was unchanged from December, but up 23.3 percent from $150,000 in January 2013.
Gordon Miles started the new year with a new job.
Attorneys representing nearly 1,000 Sun City Summerlin residents whose individual damage claims were nearly all rejected by a jury in a massive construction defect dispute took their case to the Nevada Supreme Court on Wednesday.
Five years into the economic recovery, Nevadans’ personal finances have improved slightly but remain among the worst in the country, according to a new report released Thursday.
U.S. sales of new homes fell in December for a second consecutive month but even with the pause at the end of the year, sales for all of 2013 climbed to the highest level in five years.
Big homebuilders have been busy in early 2014 snapping up land.
As bids on three luxury homes inched along at a painfully slow pace, Frank Trunzo reached deep into the tricks that made him a champion auctioneer.
A housing market on the brink of recovery has a potential new hurdle in its way. Local real estate observers say they’re concerned about a Jan. 1 rule that dramatically lowered the size of mortgage the federal government will back in the Las Vegas market.
The Bureau of Land Management held a major land auction Thursday at its northwest Las Vegas field office, unloading more than 160 acres of property, much of it around Blue Diamond Road and in other parts of the southwest.
Another year, another high foreclosure rate for Nevada. New numbers from Irvine, Calif., real estate research firm RealtyTrac ranked Nevada among the top five for foreclosure activity in 2013.
Two new parks broke ground in Henderson on Saturday.
A Thursday report from California research firm RealtyTrac found that 38 percent of homeowners with mortgages in Nevada owed more on their home than the property was worth in December.
The local housing market ended 2013 the way it began — with big annual gains in prices, but experts say prices will stabilize in 2014. The median home price of $185,000 in December was up 24.2 percent from $149,000 in December 2012.
Las Vegas has a commercial real estate market like no other.
