Las Vegas Sun

May 24, 2018

Currently: 88° — Complete forecast

Housing News

Photo: Mya Mack finds out that she didnt win a lottery fo
Why don't people who can't afford housing just move where it's cheaper?
Thursday, May 17, 2018
Many San Francisco renters I met while reporting an article on affordable housing lotteries had responded to the region’s housing crisis by putting up with great discomfort: They crammed in with family; they split apartments with strangers. Some even lived out of their cars. Why, lots of readers wanted to know, didn’t they simply move away instead? Many have. High-cost California has ...
Photo: Downtown Memphis, Tenn., March 9, 2018. Parcel sur
Anonymous Owner, LLC: Why it has become so easy to hide in the housing market
Wednesday, May 2, 2018
Real estate:
LLCs shield property owners from personal liability while obscuring their identities. In some cases, so much anonymity also enables money laundering, and it can mean that tenants struggle to hold landlords accountable, that cities fail to fix blight ...
Developer confident that luxury apartments will make splash in Chinatown
Developer confident that luxury apartments will make splash in Chinatown
Monday, April 30, 2018
Big change could be coming to this oft-overlooked area. With this luxury property aimed at young professionals, Fore Property Co. is betting on Chinatown as the ...
Ben Carson speaks to Las Vegas convention, visits homeless centers
Ben Carson speaks to Las Vegas convention, visits homeless centers
Thursday, April 26, 2018
U.S. Housing and Urban Development Secretary Ben Carson toured homeless centers and spoke at a manufactured housing convention in a trip to Las Vegas this week. Carson started his visit Wednesday by speaking at the ...
Photo: This 2016 photo shows a Las Vegas home for sale.
Las Vegas housing supply remains tight; average sales price again increases
Friday, April 6, 2018
The average price for an existing single-family home sold in Las Vegas last month was $280,000, according to the Greater Las Vegas Association of Realtors. Home prices increased 1.8 percent from February and 15.7 percent from March 2017. Also, the average sale price of townhouses and condos was $160,000, or a spike of 30.1 percent from the same time last year. The total number of existing local homes, condos and townhouses sold during ...
What to expect from the housing market this spring
What to expect from the housing market this spring
Thursday, March 29, 2018
This spring’s home sales season is shaping up to be the most interesting one in years. The housing market will depend on which opposing force proves more powerful ...
Photo: Apartments under construction are shown in Sparks,
California housing problems are spilling into Nevada
Thursday, March 22, 2018
Real estate:
A growing homelessness crisis. Complaints about traffic congestion. Worries that the economy is becoming dominated by a wealthy elite. Those sound like California’s problems in a nutshell. But now they are also among California’s leading exports ...
Court ruling fails to curb development plans at former Badlands golf course
Court ruling fails to curb development plans at former Badlands golf course
Tuesday, February 20, 2018
Las Vegas government:
Residents are fighting the latest iteration of plans to develop housing on the site of the former Badlands Golf Club after a recent court ruling against the new owner of ...
Photo: Uri Vaknin is a partner at KRE Capital.
Why investing in Las Vegas real estate makes sense
Monday, February 19, 2018
Guest column:
While real estate in Las Vegas is always uplifted by the city’s universal appeal, it’s especially strong today because of prices that are highly affordable relative to other markets ...
Tight housing market expected to keep driving prices up
Tight housing market expected to keep driving prices up
Thursday, February 8, 2018
Real estate:
The inventory of condominiums listed for sale in the Las Vegas area is the smallest it has been since 2004. A reported 634 condos and townhomes were listed without offers at ...
Photo: Jason Matthes, project manager at Rebuilding Toget
'No one else does this for seniors': Las Vegas couple grateful for home repairs
Sunday, February 4, 2018
A series of family deaths and health problems interfered with the McDuffies' efforts to maintain their home. And on a sweltering Las Vegas summer day, the problem got worse: The couple realized someone had stolen critical parts of their air conditioning unit, rendering it useless ...
Photo: Housing construction continues in Summerlin on Wed
Summerlin is No. 4 best-selling master-planned community in U.S.
Wednesday, January 10, 2018
Summerlin ended 2017 as the fourth best-selling master-planned community in the nation, according to RCLCO, a real estate consulting company that has been ranking communities since 1994. In 2017, 1,052 new homes were sold in Summerlin, a 37 percent increase over 2016, when it was ranked No. 5. The 22,500-acre Las Vegas community, which started ...
Mega-mansion going for $500 million leads huge-house arms race in Los Angeles
Mega-mansion going for $500 million leads huge-house arms race in Los Angeles
Thursday, December 28, 2017
The property has 20 bedrooms. Seven of them are in a separate building for staff. The largest bedroom is a 5,500-square-foot master suite. It will have its own office, pool and kitchen; like the VIP room, it is ...
Photo: A carpenter works on a new home at a residential c
Why migration has stalled in American cities with the most opportunity
Tuesday, December 12, 2017
The places that are booming in size are not the economic boomtowns — the regions with the greatest prosperity and highest productivity. In theory, we would expect those metros, like the Bay Area, Boston and New York, to be rapidly expanding, as people move from ...
Photo: In this Aug. 16, 2017 photo, a portion of the Summ
They're leaving California for Las Vegas to find the middle-class life that eluded them
Wednesday, December 6, 2017
Community:
The rent steals so much of your paycheck, you might have to move back in with your parents, and half your life is spent staring at the rear end of the car in front of you. You'd like to think it will get better, but when? All around you, young and old alike are ...