Housing

U.S. home prices marched steadily higher in November, pushed up by healthy demand for homes and a shrinking supply of available properties. Las Vegas prices were 6 percent higher on an annualized basis, according to the index.

The attorney who won a Nevada Supreme Court ruling on Thursday upholding a nonjudicial foreclosure process used by investors and speculators to acquire homes at bargain basement prices said the court reached the right decision.

The Nevada Supreme Court ruled Thursday that a nonjudicial foreclosure process used by investors and speculators to acquire HOA properties at bargain basement prices during the great recession does not violate the constitutional protections of original mortgage holders.

Las Vegas homebuilders in 2016 booked an increase in annual sales for the second consecutive year, reaching the highest tally since 2008, a new report shows.

Like the rest of the region, Bullhead City’s housing market went into hyper-drive during the bubble years last decade and crashed hard with the recession. But construction has recouped more of its losses in Las Vegas than in smaller areas such as Bullhead City.

The median estimated home value in the Las Vegas area in December was $215,400, up 9.8 percent from a year earlier, according to a report Thursday by home-listing service Zillow.

Lenders aren’t targeting nearly as many homes in Las Vegas as they used to, but Southern Nevada still has more repo activity than most areas, a new report shows.

Minority neighborhoods in Las Vegas and other cities have higher shares of underwater borrowers than white areas, sometimes more than double or even triple the rate, a new report shows.

Around the Las Vegas Valley, master-planned communities offer housing, parks, retail, schools and other components. And after the economy crashed last decade, these sprawling projects were derailed with practically everything else in the real estate industry.