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July 6, 2015

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Housing News

Photo: Shrubs grow from cracks in the Searchlight Airport
Bought out of foreclosure, Searchlight airpark could become a draw for RC enthusiasts
Wednesday, July 1, 2015
Real Estate:
Bill and Joan Turnbull of Seattle bought the roughly 40-acre property — off U.S. 95 at the southern edge of Searchlight, about 60 miles south of Las Vegas — out of foreclosure for $400,000. They don’t have “hard and fast plans” for the property but are thinking of ...
New-home prices, sales and permits up this year in Southern Nevada
New-home prices, sales and permits up this year in Southern Nevada
Friday, June 26, 2015
Las Vegas homebuilders are gaining speed with rising sales, prices and construction plans, a new report shows. Builders sold 527 new homes in Southern Nevada last month, bringing the year’s total to 2,360, a year-to-year ...
Home repossessions are rising as banks start to clear out foreclosure backlog
Home repossessions are rising as banks start to clear out foreclosure backlog
Friday, June 26, 2015
Real Estate: Monthly tally hits its highest point in more than 2 1/2 years
Lenders are ramping up foreclosures in Southern Nevada, seizing homes that in many cases likely have been in default — and possibly empty and in disrepair — for a considerable ...
Photo: In this Nov. 5, 2009 file photo, Nick Velasquez bl
Study: Home efficiency upgrades fall short, don’t pay
Wednesday, June 24, 2015
Home efficiency measures such as installing new windows or replacing insulation deliver such a small fraction of their promised energy savings that they may not save any money over the long run, according to the surprising conclusion of ...
Photo: Workers put in a pool for a home in the Ridges, a
Luxury-home construction may not be booming, but it is bouncing back
Friday, June 12, 2015
Real Estate:
Azure, a luxury, gated community within a luxury, guard-gated community, is walking distance from a golf course and nestled outside Red Rock Canyon, with hills and mountains practically in its backyard. And now, it’s packed with work crews building mansions ...
‘Zombie’ foreclosures in the Las Vegas Valley are up 16 percent this year
‘Zombie’ foreclosures in the Las Vegas Valley are up 16 percent this year
Wednesday, June 10, 2015
About 34 percent of valley homes in the foreclosure process but not yet bank-owned have been vacated by their owners. That means there is more property-ditching in ...
Board OKs $20 million in bonds for low-income apartments
Tuesday, June 9, 2015
The state Board of Finance today approved issuing $20 million in revenue bonds to build 168 apartment units for low-income families in Las Vegas. David Paull, director of ...
Pre-owned home prices up 8.3 percent in May from 2014
Pre-owned home prices up 8.3 percent in May from 2014
Tuesday, June 9, 2015
Las Vegas pre-owned home prices dipped in May from the previous month but were higher than the same time a year ago, a new report shows. The median sales price ...
Photo: The house at 1703 Tangiers Drive in MacDonald High
Henderson mansion available for rent — for the price of a car each month
Tuesday, June 9, 2015
Built on a hillside, the Henderson mansion has marble flooring, a movie theater, an elevator and a wine cellar, along with replica sections of the Sistine Chapel's paintings on the walls. If it were for sale, the three-story estate would ...
Homebuyers in Las Vegas are making smaller down payments, report says
Homebuyers in Las Vegas are making smaller down payments, report says
Wednesday, June 3, 2015
Real Estate:
The quarterly numbers are a possible sign of easier mortgage lending in what had been ground zero for America’s real estate bust ...
Committee passes bill paring down HOAs’ power in foreclosure
Monday, June 1, 2015
An Assembly budget committee has passed a bill aimed at reducing the powers that homeowners associations have when they foreclose over unpaid dues ...
Lawmakers want to pare down HOAs’ power in foreclosure
Lawmakers want to pare down HOAs’ power in foreclosure
Friday, May 29, 2015
Lawmakers who say a recent Nevada Supreme Court decision has given homeowners associations too much power to foreclose over unpaid dues are pushing for a last-minute legislative fix, saying the ruling could ...
Nevada foreclosure rate takes big jump in April
Thursday, May 21, 2015
April foreclosure activity in Nevada rose by nearly 40 percent from a year ago, giving it the nation’s second-highest residential foreclosure rate. Real estate analytics company RealtyTrac reported Wednesday night that ...
Photo: Land prices are rising in Summerlin, including the
Summerlin land prices keep rising, but homebuilders aren’t shying away
Friday, May 15, 2015
Homebuilder Kent Lay knows all too well that Summerlin land isn’t cheap. His company, Woodside Homes, is paying double what it did a few years ago. It’s not alone. Land prices have been climbing at a faster rate in the sprawling Las Vegas community than in the valley at large, with the gap ...
Henderson man has good reason for building igloo-shaped house
Henderson man has good reason for building igloo-shaped house
Friday, May 8, 2015
Real Estate:
In east Henderson, in a quiet neighborhood with custom homes, equestrian properties and wandering coyotes, Aeron Tozier is building a house that, at first glance, looks like a big, steel igloo. His two-story home — with an attached garage in front — also looks like ...

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