Scott Gragson’s 10,621-square-foot home is listed for rent at a price that amounts to buying a luxury car every four weeks.
Eli Segall
Reporter: Real estate
Email: esegall@reviewjournal.com
Phone: (702) 383-0342
X: @eli_segall
Eli Segall joined the Review-Journal in August 2016 after covering real estate and other business topics for four years at the Las Vegas Sun. He also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. Segall has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. His awards include 2017 Story of the Year from the Nevada Press Association.
The developer, Joe Sorge, founded a company that produced gene-analysis and cell-biology products, and boasts an executive producer’s credit for comedy show “Workin’ Moms.”
Over the past several months, some signs that Southern Nevada’s market was tapping the brakes have come and gone.
U.S. firms that flip houses around the country purchased 532 homes in the Las Vegas area in the second quarter, up almost 80 percent from the first quarter.
The median sales price of previously owned single-family homes was $405,000 last month, unchanged from the record high set in July.
The Watermark, a seven-story project, is slated to feature retail and office space and 151 apartments.
After not changing much for years, tiny Cal-Nev-Ari and its cluster of residents face the prospect of something very different for the remote desert town: a burst of development.
Some 15 years ago, a builder’s plan to construct high-rises in southwest Las Vegas failed, leaving a giant hole. Now another developer is moving forward with a plan for a big apartment complex there.
Carroll recently announced that it acquired the 436-unit Emerald Springs and a 383-unit complex roughly 3 miles away, The Meadows.
Project plans filed with the city of Henderson show a three-story, ultraluxury house that would look strikingly similar to the Raiders’ practice facility and even, in some ways, Allegiant Stadium.
Southern Nevada home prices jumped 19.8 percent year-over-year in June, outpacing the national rate of 18.6 percent, according to a new report.
Lennar Corp.’s prices in the community exceed the typical sales price of a newly built house in the Las Vegas area.
Jonathan Fine was forced to close his taverns last year, faced eviction threats from landlords, tossed out hundreds of kegs of beer, and reopened multiple locations with the help of a federal relief program.
Housing markets are always prone to ups and downs, especially in Las Vegas, and no boom lasts forever.
Vegas defenseman Alex Pietrangelo sold his 8,321-square-foot house in Summerlin to forward Max Pacioretty for $6.4 million this month, records indicate.
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