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November 27, 2014

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Housing News

Photo: A view of new home construction in Summerlin Wedne
Builders struggle as new-home sales slow
Thursday, November 20, 2014
Southern Nevada homebuilders continue to struggle this year, with lower sales and a rising volume of canceled deals, a new report shows. Local developers sold ...
Investors are flipping fewer Nevada homes, report finds
Investors are flipping fewer Nevada homes, report finds
Wednesday, November 19, 2014
Real estate investors aren’t flipping homes in Nevada as often as last year, but they’re still more active than flippers nationally. Flipping slowed nationally to ...
Major Southern Nevada construction company being sold
Friday, November 14, 2014
One of the largest construction firms in Southern Nevada is being sold. Martin-Harris Construction owner Frank Martin is selling his company’s assets to ...
Some Las Vegas contractors are having trouble hiring workers
Some Las Vegas contractors are having trouble hiring workers
Thursday, November 6, 2014
With construction picking up in Las Vegas, some contractors are having trouble finding qualified workers. The Las Vegas area had 43,600 construction workers as of September ...
Photo: This 2012 file photo shows a home for sale in Hend
Median Las Vegas-area home prices dip below $200K
Thursday, November 6, 2014
Southern Nevada real estate agents say the area's median home price dipped below $200,000 in October. The Greater Las Vegas Association of Realtors reported Thursday that median home prices were down 1.3 percent from September, but up 8.1 percent from the same time a year ago. Association chief Heidi Kasama says it's no surprise that home prices are declining and sales are slowing as the holidays draw nearer. She says sales ...
Investors’ retreat from Las Vegas housing market triggers sales slowdown
Investors’ retreat from Las Vegas housing market triggers sales slowdown
Wednesday, October 29, 2014
When investors flocked to Las Vegas for cheap homes after the economy crashed, they resurrected the housing market with sorely needed ...
Report: Outlook for new-home sales not ‘too exciting’
Report: Outlook for new-home sales not ‘too exciting’
Tuesday, October 28, 2014
A sluggish year for Las Vegas homebuilders isn’t expected to pick up anytime soon, a new report says. Local builders sold 605 new homes last month, bringing the year’s total to ...
Photo: KRE Capital has begun listing condo units at the O
Owner of downtown’s Ogden bucks trend with condo sales blitz
Thursday, October 16, 2014
When investors bought the Ogden and four other Las Vegas residential complexes last year for big dollars, they were among many laying bets on the valley’s apartment market. Now they’re betting they can ...
Las Vegas home sales dip, but prices inch upward
Las Vegas home sales dip, but prices inch upward
Wednesday, October 8, 2014
Despite a slowdown in sales, Las Vegas used-home prices inched past the $200,000 mark last month. The median price of single-family homes sold in September was ...
Report: Rising prices a drag on new-home sales
Report: Rising prices a drag on new-home sales
Wednesday, September 24, 2014
Las Vegas homebuilders are stuck in the doldrums as buyers continue to shy away from hefty price tags, a new report shows. Local builders sold 530 new homes in August, bringing this year’s total to ...
Nevada recoups $50 million investment with bankrupt Lehman Brothers
Nevada recoups $50 million investment with bankrupt Lehman Brothers
Wednesday, September 17, 2014
Six years after the collapse of financial firm Lehman Brothers, Nevada has recouped a $50 million investment it made with the now-bankrupt investor. For Treasurer Kate Marshall ...
North Las Vegas bulldozing blighted homes that are crime magnets
North Las Vegas bulldozing blighted homes that are crime magnets
Monday, August 25, 2014
North Las Vegas officials are taking a cue from their Rust Belt counterparts and bulldozing abandoned homes that have become magnets for criminal activity, squatters and fires. City officials said ...
Photo: Fafie Moore, left, a Realty Executives owner/broke
Rising Las Vegas home prices hit ‘nice milestone’
Friday, August 8, 2014
Las Vegas housing prices inched up last month to the highest level in almost six years. The median sales price of previously owned single-family homes in Southern Nevada in July was $200,000, up 0.1 percent from June and 11.1 percent from July 2013, according to a new report from the Greater Las Vegas Association of Realtors. That’s the highest since August 2008, when the median sales price ...
Photo: Construction continues on an apartment complex beh
Apartment complex rising at the District in Henderson
Tuesday, August 5, 2014
Years after buying the project site, developers are bringing pricey new housing options to the District at Green Valley Ranch in Henderson. Rents in the Calida Group's 360-unit apartment complex are likely to top out at ...
Photo: The Hsieh factor: Downtown Project recently purcha
Joe Downtown: Will DTP finally take on housing? Doing so could save Downtown
Wednesday, July 30, 2014
Downtown Project's purchase of the land Atomic Liquors sits on has many scratching their heads.

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