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March 6, 2015

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Housing News

Report: House flipping in Las Vegas has scaled back but remains lucrative
Report: House flipping in Las Vegas has scaled back but remains lucrative
Thursday, February 26, 2015
House flippers are slowing down in Las Vegas and making less money than investors nationally, but they’re still doing plenty of deals here and ...
Photo: A home at the Desert Garden condo complex, 1720 W.
A tale of two ‘bargains’: One Las Vegas home sold for $8M, the other for $10K
Wednesday, February 25, 2015
Real Estate:
At the base of Las Vegas’ western mountain range, a mansion in the Ridges, one of the wealthiest and most exclusive areas of town, has a movie theater with a 15-foot screen, a fitness room, a 4,600-square-foot guest house and a sleek pool area fit for a boutique hotel.
Analyst: Home sales picking up, but market still fragile
Friday, February 20, 2015
Las Vegas homebuilders started 2015 on a positive note, even though plenty of weak spots remain, an analyst said. Southern Nevada builders sold 355 new homes in January, down 12 percent from ...
Analysis: Is construction-defect law stunting Nevada’s housing market?
Analysis: Is construction-defect law stunting Nevada’s housing market?
Friday, February 20, 2015
Analysis:
Las Vegas’ once-battered housing market has improved the past few years but remains riddled with problems such as foreclosures, underwater borrowers, flat wages and ...
Assembly OKs bill to rein in construction-defect lawsuits
Tuesday, February 17, 2015
The state Assembly approved a bill today to curb lawyers from filing frivolous construction-defect lawsuits and collecting excessive fees. The vote on AB-125, which now goes to the Senate, passed ...
Investors buy 127 acres at Lake Las Vegas for new neighborhoods
Investors buy 127 acres at Lake Las Vegas for new neighborhoods
Wednesday, February 11, 2015
Southern California investors have acquired a big swath of land at Lake Las Vegas, the upscale and long-struggling Henderson development. R.Y. Properties and its partners recently bought 127 acres for ...
Zillow report: Housing playing field ‘strikingly unequal’
Monday, February 9, 2015
Black and Hispanic mortgage applicants get approved for loans more often in Las Vegas than around the country, but locally, minorities still get rejected more often than whites, a new report shows. In Southern Nevada ...
Photo: Sky Terrace, a luxury housing development shown Fr
‘Vegas Modern’: Builder adding twist to re-energized luxury-home market
Thursday, February 5, 2015
Real estate:
Blue Heron is developing three communities of high-end, desert-themed luxury homes in Henderson and building custom homes around the valley. Co-owner, lead designer and Las Vegas native Tyler Jones tries to blend indoor and outdoor space, and subtly packs his cube-shaped homes with ...
Nevada sees foreclosure rate slide in 2014
Nevada sees foreclosure rate slide in 2014
Wednesday, January 14, 2015
Foreclosures slowed drastically in Nevada last year, but the state remained one of the hardest hit in the country as banks eased off ...
BLM sells another parcel for expanding senior housing project
BLM sells another parcel for expanding senior housing project
Tuesday, December 23, 2014
Federal officials have sold more land for a Las Vegas senior affordable-housing complex that’s under construction.
Las Vegas’ underwater mortgage rate improving but still worst in nation
Las Vegas’ underwater mortgage rate improving but still worst in nation
Tuesday, December 16, 2014
Some 27.8 percent of local homeowners with mortgages were upside-down — meaning their debt outweighs their home’s value — in the third quarter. That’s down from 39.6 percent a year ago and ...
Report: Housing outlook not ‘warm and fuzzy’
Report: Housing outlook not ‘warm and fuzzy’
Tuesday, December 16, 2014
With home sales and construction plans sliding and prices flat, there’s little reason to feel “warm and fuzzy” about Las Vegas’ housing market next year, a new report says. Builders sold ...
Report: Nevada among top states for mortgage fraud
Report: Nevada among top states for mortgage fraud
Monday, December 15, 2014
Mortgage fraud is rising nationally and remains more active in Nevada than in almost every other state, a new report shows. Some 74 percent of U.S. home loans last year involved ...
Photo: Realtor Helen Riley and Fafie Moore, a Realty Exec
Las Vegas home prices creep up as sales continue to drop
Tuesday, December 9, 2014
The slowdown in Las Vegas' housing market is poised to continue next year, a new report says, as investors keep pulling back from the valley. The median price of single-family homes sold through the Greater Las Vegas Association of Realtors’ listing service in November was ...
Buyers spend more than $49 million at BLM land auction
Tuesday, December 2, 2014
Homebuilders and other investors purchased 415 acres of land at a government auction today. The U.S. Bureau of Land Management sold the parcels, all in the southwest valley, for ...

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