Resale totals have fallen the past two months, and available inventory has climbed for three straight months as house prices keep setting all-time highs.
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.
Howard Hughes Corp. is developing an office building next to Las Vegas Ballpark and the second phase of a luxury apartment complex.
Homebuilders have been busy in Henderson’s Cadence community, putting it among the top-selling spots in the nation for new houses. Now rental developers are getting a foothold, too.
Buyers picked up 3,189 previously owned single-family homes — the bulk of the market — in May, down 9.6 percent from April but up 87.3 percent from May 2020, a new report shows.
Fueled by cheap money, housing markets across the country have accelerated with rapid sales and rising prices.
A penthouse near the Strip has traded hands, fetching the highest price in Nevada history for a condo, the listing brokerage said Thursday.
The Las Vegas Valley’s unemployment rate in April, 9 percent, was second highest in the nation among large metro areas, ahead of only Los Angeles at 9.9 percent, the U.S. Bureau of Labor Statistics reported Wednesday .
Mark Evensvold claimed he had a contract with entrepreneur Tony Hsieh that called for loosely defined work responsibilities, including possibly building treehouses.
Developer Jonathan Kermani expects to start construction in September on a project to renovate, partially demolish and expand the vacant White Cross Market building.
Builders notched 1,215 net sales — newly signed sales contracts minus cancellations — in Southern Nevada in April, up nearly 400 percent from 244 sales in April 2020.
Longtime developer Bob Schulman wants to build another upscale rental project, right near Southern Nevada’s newest high-profile residents: the Raiders.
The health sciences university acquired a three-story building off Town Center Drive and the 215 Beltway.
With tourists surging back to Las Vegas, paid parking is returning to yet another casino on the Strip.
After opening in the middle of the pandemic, a luxury Las Vegas apartment complex has been sold for a fortune.
Home prices in Southern Nevada were up 10.6 percent year-over-year in March, below the national rate of 13.2 percent, a new report says.
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