Las Vegas Sun

April 25, 2024

Real Estate in Las Vegas

Todd Stratton, president at Kavison Homes, stands at the future site of an affordable single-family home development in Mountain's Edge, Thursday, Oct. 28, 2021.
Public-private effort could mean new homes as low as $208K for working Vegas families
Oct. 31, 2021
This public-private partnership will provide affordable home-ownership opportunities for families that earn less than the Las Vegas median income ...
Owner Stephen Staats, also known as Old Man Liver, poses by the bar at the Pioneer Saloon in Goodspings, Nev. Wednesday, Oct. 13, 2021.
New owner vows to keep Pioneer Saloon’s history alive in Goodsprings
Oct. 19, 2021
With his gold and black sport coat, cowboy hat and tie featuring a silhouetted exotic dancer, Old Man Liver was in full character at this century-old saloon in the Nevada desert.
Erika Castro, organizing director at Progressive Leadership Alliance of Nevada, is shown Thursday, Aug. 5, 2021. Her family is among those facing hardships because of the pandemic, loss of employment and rising housing costs.
As home-rental prices soar in Las Vegas, tenants are feeling the pressure
Aug. 10, 2021
Erika Castro was forced to move out of her home of five years during the pandemic. Castro shared the home with her mother, her mother’s partner — both of whom are undocumented immigrants from Mexico — and brother. The rent was $980 a month ...
Vegas Inc presents Inaugural Real Estate Awards
Vegas Inc presents Inaugural Real Estate Awards
July 29, 2021
Vegas Inc presents our first-ever Real Estate Awards to acknowledge the many roles found within the industry.
Vivek Sah is director of UNLV’s Lied Center for Real Estate.
Cash further squeezes an already tight Southern Nevada housing market
June 21, 2021
As Southern Nevada’s frenzied seller’s market continues, a new concern about the area’s housing market has emerged. More buyers, according to the latest statistics from the Las Vegas Realtors trade group, are closing deals with cash. In May, 31% of all existing homes sold in the Las Vegas area were purchased with cash ...
Realtor Aldo Martinez poses for a photo at a house he recently sold in Henderson, Friday, April 30, 2021.
Las Vegas housing market expected to remain hot through end of the year, at least
May 24, 2021
As the longtime real estate agent walked the first floor of the three-bedroom home in Henderson, he pondered events of the past year, which have led to an ultra-tight Las Vegas Valley housing market. “It’s insane,” said Aldo Martinez, president of the Las Vegas Realtors trade organization and an agent with ...
A sign advertises a home for sale in the northwest valley, Thursday, Jan. 9, 2020.
Median home sales price in Las Vegas hits record high
March 8, 2021
The Las Vegas Valley existing home market continues to be unflinchingly in seller’s territory. Aldo Martinez, president of the Las Vegas Realtors trade group, said there was less than a one-month supply of preowned homes on the market at the end of February. A six-month supply is ...
Legacy Home Loans President Ben Slayton
Vegas Realtor on a mission to close the homeownership gap for Black Americans
March 8, 2021
The homeownership rate for Blacks was just 44%, a little more than 30 percentage points lower than the rate for white Americans.
A view of The Drew Las Vegas (formerly Fontainebleau Las Vegas) Friday, Jan. 10, 2020.
Firm acquires Drew Las Vegas with plans to finish stalled resort project
Feb. 12, 2021
A well-funded real estate firm has announced a deal to acquire a stalled casino-resort development on the north end of the Strip. Koch Real Estate Investments, an arm of Koch Industries, said it is teaming with Fontainebleau Development to complete the Drew Las Vegas, a long-planned ...
A view of the Palazzo and the Venetian, with green letters in honor of Earth Day, on the Las Vegas Strip Wednesday, April 22, 2020.
Las Vegas Sands Corp. should draw plenty of interest for Strip properties, analyst says
Nov. 11, 2020
The list of potential suitors that may be interested in buying the Venetian, Palazzo and Sands Expo and Convention Center is filled with big industry players, according to one analyst. Chad Beynon, gaming and lodging analyst with Macquarie Group Limited, said ...
A sign advertises a home for sale in Southern Highlands, Thursday, Jan. 9, 2020.
With supply tight, Las Vegas home prices hit all-time high
Oct. 6, 2020
The median sale price of existing homes in the Las Vegas area grew to record high $337,250 in September, an increase of 9% from September of last year ...
A house is shown for sale Tuesday, Feb. 9, 2016, in Las Vegas.
Las Vegas home prices set record amid pandemic
Sept. 9, 2020
The median sale price of an existing home in Southern Nevada hit $335,000 in August, a new record. The previous record ...
A sign advertises a home for sale in Southern Highlands, Thursday, Jan. 9, 2020.
Amid pandemic gloom, Las Vegas housing market 'on fire'
Aug. 6, 2020
In the face of the COVID-19 pandemic, Southern Nevada home prices continued to inch higher in July, according to a new report. The median price ...
Uri Vaknin, a partner at KRE Capital
Southern Nevada real estate pros reinvent the way they do business during pandemic
Aug. 3, 2020
As the COVID-19 pandemic continues to cause upheaval and uncertainty in Southern Nevada's economy, Vegas Inc takes a look at the local real estate market. Uri Vaknin, a Downtown Las Vegas condominium developer, spoke with us about the challenges the real estate market has faced, and how it has adjusted.
In this Sept. 3, 2019, file photo, a sign rests near a piece of earth-moving equipment on a plot of land, in Westwood, Mass.
More Americans signed contracts to buy homes in June
July 29, 2020
The number of Americans signing contracts to buy homes rose for the second straight month after a devastating spring freeze brought on by the coronavirus outbreak.