Housing
When American West Development Inc. touted its price promise as an antidote to plunging home sales four years ago, it pushed first-time buyers Chris and Tammy Bryant into starring roles in its promotions.
Las Vegas is now a city of renters, though it’s far less expensive to buy a home here than to rent one. From a peak of 64 percent in 2000, as measured by the U.S. census, Las Vegas Valley home ownership is now at 48 percent — and will continue to fall.
U.S. Rep. Joe Heck’s congressional office recently helped a senior couple refinance their mortgage. Working with their bank, the pair got a 30-year, fixed-rate loan that dropped their monthly payments from more than $900 to $500, he said Thursday.
Real estate investor Stephen Siegel said the move to impose a receiver on three of his Las Vegas suite properties has been settled on undisclosed terms.
![Fontainebleau signs ‘once in a generation talent’ to residency deal](https://www.reviewjournal.com/wp-content/uploads/2024/06/19296876_web1_EDC-NIGHT-1_051724_002_548767.jpg?h=80)
![‘Mysterious monolith’ found on trail overlooking Las Vegas](https://www.reviewjournal.com/wp-content/uploads/2024/06/19297273_web1_monolithVegas.jpg?h=80)
![Real Water to pay $3B in lawsuit, jury rules, after liver failure outbreak](https://www.reviewjournal.com/wp-content/uploads/2024/06/19297083_web1_realwaterlogo_b6a930.jpg?h=80)
![Las Vegas magician’s rates skyrocket after Magic Castle dustup](https://www.reviewjournal.com/wp-content/uploads/2024/06/19294820_web1_KATS-MURRAY-SAWCHUCK-MAR28-24-MC-014_70e395.jpg?h=80)
![LETTER: One of the biggest cover-ups in American history](https://www.reviewjournal.com/wp-content/uploads/2024/06/19270864_web1_biden-hunter.jpg?h=80)