If the current real estate cycle were a baseball game, Las Vegas would be in the fifth or sixth inning, a panel of analysts said Thursday evening at Spanish Trail Country Club.
Housing
The first phase of the Mortgage Assistance Program is being rolled out today and will provide $38.5 million to more than 12,000 households in Clark County, paying up to $500 a month in mortgage assistance for six months.
WASHINGTON — Home sales are starting to tick up after the worst year in more than a decade. But the momentum is coming from cash-rich investors who are scooping up foreclosed properties at bargain prices, not first-time homebuyers who are critical for a housing recovery.
WASHINGTON — Home prices are hitting new depths in Las Vegas and most major U.S. cities and are expected to fall further over the next six months.
WASHINGTON — Home prices in a majority of major U.S. cities tracked by a private trade group, including Las Vegas, have fallen to their lowest levels since the housing bubble burst, and analysts expect further declines this year.
Tyler Jones is spitting into a strong headwind by starting construction on new luxury homes in the Seven Hills community, where prices will range from $750,000 to more than $3 million.
