Home values in 20 U.S. cities including Las Vegas kept climbing in January, a sign the limited supply of available properties may push prices out of reach for some buyers.
Housing
U.S. renters saw their monthly leases rise at a significantly slower pace in February, a sign that new construction may be starting to limit housing costs for apartment dwellers. Las Vegas is bucking all of Zillow’s trends, but that’s because the market continues to lag nationwide economic gains, an analyst said.
Average long-term U.S. mortgage rates declined this week after three straight weeks of increases. The decline could be a spur to prospective buyers as the spring home buying season gets started.
U.S. homebuyers in the West accounted for all of February’s increase in sales of new houses, possibly signaling uncertain growth prospects for the broader real estate market heading into the spring buying season.
Skye Canyon, a 1,700 acre community along U.S. 95 near Sky Canyon Park Drive, held its grand opening over the weekend.
For the third straight year in 2015, every ZIP code in the Las Vegas Valley posted home-price gains, according to new numbers from local analysis firm SalesTraq.
A new report from Zillow ranks Las Vegas the nation’s luckiest city for home-price gains, with a four-year value jump of nearly 75 percent. That appreciation bests big cities in states that have enjoyed healthy, recent real estate booms.
U.S. homebuilders remain optimistic that the housing market will improve, but their expectations for sales over the next six months havedimmed just as the spring home-selling season gets under way.
Dennis Conway will take over June 1 as chairman of the board of the National Roofing Contractors Association. He was elected to the post in February during a national convention in Orlando, Fla.
Six leaders of the the state and local Realtors’ associations will participate in MIPIM, a global trade show in Cannes, France, designed to connect real estate professionals with investors, tenants and property buyers.
The Federal Home Loan Bank of San Franciso has scheduled roundtables to discuss small-business expansion and job training in five regional cities, starting with Thursday’s event in Las Vegas.
The median price of a single-family resale jumped 7.5 percent year over year in the month, to $220,350, the Greater Las Vegas Association of Realtors reported early Monday.
A $20.5 million public housing complex for seniors is step one of an ambitious plan to redevelop a blighted section of North Las Vegas.
Fewer people are flipping over Las Vegas real estate. The percentage of people quickly buying and selling local homes for a fast profit in 2015 was about half of its boom-era high, according to a Wednesday report from a California research firm.
Contracts to buy previously owned U.S. homes fell to their lowest level in a year in January amid a persistent shortage of properties for sale, which could slow the housing market ahead of the spring selling season. Contracts fell 4.5 percent in the West, which has seen a rapid increase in home prices amid tight inventories.
1
2
3
4
5
LETTER: Give the sanctuary city mayors what they want
Pharmacies are yanking cold medicines from shelves. So what are the options now?
‘What do you say?’: Raiders lose to Chiefs in heartbreaking finish
Sick New World won’t return to Las Vegas in 2025
Nevada prisoner’s mom claims in lawsuit that staff covered up son’s fatal beating