Fontainebleau Las Vegas’ preview center opened last week with little fanfare but lots of questions about when, or if, its 1,018 condominium units will go on sale.
Housing
Construction has been suspended on the ManhattanWest mixed-use condo development in southwestern Las Vegas, the developer said Tuesday.
Nevadans told members of a congressional panel Tuesday that the $700 billion Wall Street bailout has not filtered down to help the victims of the current economic crisis in one of the nation’s hardest hit areas.
The bottom of the Las Vegas housing market appears to be taking shape late in the year.
Home foreclosures are expected to top 30,000 in Clark County this year, compared with 11,509 in 2007, a California-based foreclosure investment firm reported.
A new report points to substantial undervaluation in local housing prices, though an economist who co-authored the study suggested the market’s worst price declines have passed.
People who are in danger of defaulting on mortgages with Countrywide or Bank of America can reserve time at a upcoming foreclosure prevention forum organized by the cities of Las Vegas and North Las Vegas.
There’s a light at the end of the foreclosure tunnel in Las Vegas.
A program to buy and renovate foreclosed and deteriorated homes and sell them to middle-income residents drew the attention of Gov. Jim Gibbons and banking officials who met Monday at the Sawyer Building in Las Vegas.
Las Vegas may be among the first markets to emerge from the housing slump clutching the nation as monthly sales have picked up and prices appear to be reaching the bottom, a local housing analyst said Tuesday.
The city of Las Vegas’ plan for allocating $20.7 million in housing funds would help get occupants into an estimated 298 foreclosed properties — a number representing a fraction of the thousands of troubled properties in Las Vegas alone.
A furrowed mountain blocks all but a sliver of morning sun, casting a shadow across a Western-themed park and a cluster of neighborhoods.
Sun City Anthem rests on the northern slope of Black Mountain, giving homeowners a peaceful view of the Strip below.
Las Vegas has to endure more pain ahead, but the city’s classic fundamentals are still in place for opportunity and growth, economist and housing analyst Tim Sullivan of Sullivan Group Real Estate Advisors said Thursday.
Anyone looking for a glimmer of economic hope may have found it Wednesday at an Urban Land Institute panel discussion on emerging real estate trends in Las Vegas.
