Home prices in the Las Vegas area were up 15.5 percent year-over-year in May, compared with a gain of 16.6 percent nationwide, a new report shows.
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.
Homebuilders reported 935 net sales — newly signed sales contracts minus cancellations — in Southern Nevada in June, the third consecutive month-to-month drop and the lowest tally of the year.
Invitation Homes plans to buy around 7,500 homes over the next five years from developer PulteGroup that will be designed and built for Invitation’s portfolio of rental houses, the companies announced.
The Calida Group has drawn up plans for two projects totaling around 450 rental homes in Henderson’s Cadence community.
Residential real estate investors acquired 3,043 homes in the Las Vegas area in the second quarter, up 279.4 percent from the same period last year, according to a new report.
After growing fast for decades, Clark County’s population is expected to swell by another 1 million people by 2060, a new forecast shows.
Boasting a new brand that drops the mention of malls, ICSC is scheduled to hold its retail real estate conference and expo in December.
Morgan Stanley plans to occupy 22,000 square feet of office space at UnCommons, a 40-acre mixed-use complex being built in the southwest Las Vegas Valley.
InTrust Property Group purchased the 198-unit Atlas Apartment Homes off Decatur Boulevard and Rancho Drive.
It is the latest scheduled opening for a towering Las Vegas resort that remains unfinished a dozen years after it was supposed to debut.
Nearly four years after buying a southwest Las Vegas office park, California real estate investors have acquired an industrial building nearby.
Sales in the luxury community have accelerated alongside Southern Nevada’s broader housing market.
Edward Homes aims to break ground soon on the 43-unit project and finish in 2023.