Las Vegas Sun

March 26, 2017

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Housing News

Photo: Housing and Urban Development Secretary Ben Carson
Local housing officials wary of proposed Trump cuts
Friday, March 17, 2017
Furloughs and reduced services for people in need of housing are some of the concerns of Nevada housing officials ahead of possible federal budget cuts.
As squatting problem grows in Las Vegas, lawmaker offers solution
As squatting problem grows in Las Vegas, lawmaker offers solution
Tuesday, March 7, 2017
The Legislature:
For authorities, removing squatters isn’t as easy as telling them to get out. In many cases, people living in homes without authorization present officers with fake leases that ...
Photo: Carpenters work on an affordable housing complex b
Las Vegas' shortage of affordable housing is worst in the country, study finds
Saturday, March 4, 2017
Las Vegas topped the list of large metropolitan areas with the lowest availability of available rental homes for extremely low income households. The study also found that 86 percent of extremely low income households in Las Vegas are severely cost burdened ...
Photo: Carpenters frame a home at a residential construct
Optimism among U.S. homebuilders weakens
Thursday, February 16, 2017
U.S. homebuilders are feeling a bit less confident this month, reflecting a dimmer outlook for sales in the months ahead and fewer would-be buyers dropping by builders' sales offices ...
Photo: The median price of existing single-family Souther
Las Vegas area sees rare January uptick for home prices
Tuesday, February 7, 2017
The median price of existing single-family homes sold in January through GLVAR’s Multiple Listing Service (MLS) increased to $238,000. That was up 1.3 percent from December and up 8.7 percent from $219,000 in January 2016.
Photo: Park House, a three-story, 83-unit condo complex o
December condo sales shine in Las Vegas housing market
Friday, January 6, 2017
Condos were more popular with home buyers than houses in December last year, according to numbers released Thursday by the Greater Las Vegas Association of Realtors (GLVAR), which is not surprising because they were cheaper, too. It’s not that housing sales were bad. In fact, home sales in December increased by ...
Home resale price gains heat up amid typically slow season
Home resale price gains heat up amid typically slow season
Wednesday, December 7, 2016
Christmas came early for the local real-estate community with news that housing resale prices edged upward in November, defying the usual trend for ...
Planning Commission recommends against housing development near Red Rock
Planning Commission recommends against housing development near Red Rock
Wednesday, October 19, 2016
After two hours of public comments Tuesday night, Clark County planners voted against a controversial proposal to develop a master-planned community on a hill overlooking Red Rock Canyon. The Planning Commission’s unanimous vote ...
Photo: A real estate sales report from January suggests t
Las Vegas housing supply shrinks as sales rise and prices stabilize
Friday, October 7, 2016
The housing supply in Southern Nevada is shrinking as home sales increase and prices stabilize. The median sales price of existing single-family homes sold during September was ...
Audit: Group wasted $8.2M in bailout funds meant for Nevadans
Audit: Group wasted $8.2M in bailout funds meant for Nevadans
Friday, September 9, 2016
Auditors say a nonprofit that was supposed to distribute some of the $202 million that Nevada got in the bailout has been spending as much money on itself as it did on struggling homeowners. Officials with ...
Photo: Rodman Jordan of Centura Development Co. is headin
Apartment developer talks state of Las Vegas rental market, risk of on-site retail tenants
Wednesday, August 10, 2016
Q+A:
Las Vegas apartment developers are some of the busiest builders in the valley, opening projects that often charge above-average rents and offer a big menu of amenities. Locally based firms including account for much of the construction, but now a group out of Dallas is ...
Chemical plume in central Las Vegas to soon undergo cleanup
Chemical plume in central Las Vegas to soon undergo cleanup
Wednesday, June 22, 2016
Public Safety:
For years, residents of the Paradise Palms neighborhood in central Las Vegas have been awaiting cleanup of a chemical plume caused by spills at a nearby dry-cleaning establishment. Now, Nevada environmental protection authorities ...
Decade after housing peaked, owners richer, renters hurting
Decade after housing peaked, owners richer, renters hurting
Monday, June 20, 2016
It's a troublesome story playing out across America in the 10 years since the housing bubble peaked and then burst in a ruinous crash: As real estate has climbed back, homeowners are ...
Fewer Las Vegas homes sell, but prices are higher
Fewer Las Vegas homes sell, but prices are higher
Tuesday, June 7, 2016
After nearly a year of flat prices, Las Vegas houses sold at a noticeably higher level last month amid shrinking sales totals ...
In Las Vegas, house flipping remains frequent but less profitable
In Las Vegas, house flipping remains frequent but less profitable
Wednesday, June 1, 2016
Investors are flipping houses at a faster pace in Las Vegas than in most metro areas, but their profit margins are smaller here compared to ...