Summerlin’s developer sold far less land to homebuilders but notched much-higher average prices in the first quarter versus last year, when a bulk sale helped create the current seesaw.
Housing
Despite its improved housing market, Las Vegas has the smallest share of homes in the country whose values have recouped their post-bubble losses, a new report shows.
Henderson has five of the 50 most expensive ZIP codes by property value in Nevada, with two listed in the top 20, according to a recent study. According to the report by real-estate website PropertyShark, the 89052 ZIP code is the 15th most expensive in the state, with a median price of $329,000. It’s also the fourth most expensive area in Southern Nevada.
Las Vegas homebuilders have booked a rise in sales this year, and there are “no signs of it slowing,” a new report says.
Home Builders Research founder Dennis Smith held a market outlook event at the Orleans Arena on Friday as part of Real Estate Expo Las Vegas, which runs through Sunday.
Easy utility access didn’t cause Las Vegas’ squatter problem, but turning the water, power and cable on can only help squatters get more comfortable in other people’s homes.
Las Vegas’ foreclosure rate has dropped sharply from a year ago but remains higher than in most cities, a new report shows.
With the spring buying season underway, Las Vegas house hunters may have to spend more time scrolling through listings and visiting properties — and pay more than they hoped.
Anyone eager to buy a home this spring probably has reasons to feel good. The job market is solid. Average pay is rising. And mortgage rates are still near historic lows. And then there’s the bad news: Just try to find a house.
Las Vegas home sales and prices climbed last month as the valley kicked off its spring buying season.
The Nevada Legislature will once again debate a law that would halt plans to build thousands of homes near Red Rock Canyon.
In Las Vegas real estate, few aspects of the market are as heated today as apartments.
The investor group that owns the bulk of Juhl in downtown Las Vegas is gearing up to turn rentals into sales.
My Place Hotels of America says developer Randal Bender is expected to break ground next month on Nevada’s first My Place-branded property, at 1440 E. Craig Road between North Fifth Street and Losee Road.
Foreclosure activity slowed in Las Vegas last month, but overall, lenders targeted a larger share of properties here than in most cities, a new report shows.
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