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July 27, 2015

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Housing News

Photo: StoryBook Homes is planning to build an apartment
With luxury complex, homebuilder making leap to Las Vegas’ apartment market
Friday, July 24, 2015
Real Estate:
The partially built site at Tropicana Avenue and Grand Canyon Drive was supposed to have pricey condos years ago, but previous owners lost the project, dubbed the Mercer, to foreclosure during the recession ...
Home purchases by investors in Las Vegas now on par with national rate
Home purchases by investors in Las Vegas now on par with national rate
Wednesday, July 22, 2015
Real Estate:
Institutional investors — those who purchase at least 10 homes annually — bought 1.9 percent of homes sold in the Las Vegas area in the first half of the year. That’s down from ...
Despite hurdles, 2015 has been kind to Southern Nevada homebuilders
Despite hurdles, 2015 has been kind to Southern Nevada homebuilders
Monday, July 20, 2015
Real Estate:
Local builders sold 633 new homes last month, bringing the year’s total to 2,993, up 10.7 percent from the same period in 2014, according to Las Vegas-based Home Builders Research ...
Photo: A house is shown for sale in Henderson.
Signs point to healthier resale housing market in Las Vegas
Thursday, July 16, 2015
Real estate: GLVAR president says the market overall is 'fairly stable'
Two types of buyers in particular are fueling the uptick in sales totals: those who went through a foreclosure or short sale years ago and for a long time couldn’t get a mortgage, and those who were beat out by the investors who flooded the valley for housing deals that ...
Photo: Construction continues on the Skye Canyon developm
Q+A: Houses popping up at long-dormant Skye Canyon development on valley’s northwest edge
Friday, July 10, 2015
Real Estate:
In the midst of the real estate bubble, developer John Ritter led a group that paid more than half a billion dollars for sprawling desert land in the upper northwest corner of Las Vegas, with plans for a massive community. But he never built a thing and ...
Photo: A house is shown for sale in Henderson.
Home sales and prices rise, but so does number of ignored listings
Wednesday, July 8, 2015
Real Estate:
The median sales price of single-family homes in Southern Nevada in June was $220,000, up 4 percent from May and 10 percent from a year ago, according to the Greater Las Vegas Association of Realtors ...
First luxury home being built in Henderson mountains
First luxury home being built in Henderson mountains
Monday, July 6, 2015
Ascaya, the long-delayed luxury-home community blasted out of the Henderson mountains, is getting its first house. A groundbreaking ceremony is scheduled Tuesday to celebrate construction of the first home at ...
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 ...

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