An eight-unit apartment complex is being renovated along the East Fremont downtown corridor, and Zappos CEO/Downtown Project guru Tony Hsieh is not behind the rehab job.
Subscribe to Housing RSS feed
Investors are flipping fewer homes in Nevada, but quick sales for profit in the state remain well above national norms.
Lenders filed 1,037 notices of default to start foreclosure proceedings in July, up 128 percent from July 2013, RealtyTrac reported. It’s the highest number of starts since October, when the state’s Homeowners Bill of Rights took effect and put new restrictions on banks looking to foreclose.
A big real estate auction could soon test the local development industry’s recovery.
Developers of Henderson’s Inspirada relaunched a master plan on Aug. 2 and rolled out a sales blitz featuring nine fresh communities with 16 new home designs.
The median price of a single-family home hit $200,000 in the month for its highest level since August 2008, when it marked $210,000, the Greater Las Vegas Association of Realtors reported Thursday.
It’s like 2006 all over again — with a few twists.
Nevada couldn’t escape its foreclosure quagmire in the first half of 2014.
Mortgage buyer Freddie Mac said Thursday that the nationwide average rate for a 30-year loan rose to 4.15 percent from 4.12 percent last week. The average for the 15-year mortgage increased to 3.24 percent from 3.22 percent.
Nevada’s housing market closed out the first half of 2014 with steady gains. Monday numbers from the Greater Las Vegas Association of Realtors showed continued increases in median prices.
The Nevada Supreme Court has rejected a request for class action status for claims of damaged stucco from faulty construction by Del Webb Communities involving nearly 1,000 Sun City Summerlin residents.
It’s the big question on the lips of jumpy locals still snakebitten by a nation-leading housing bust. Have we recovered so quickly that we’ve created another bubble?
The state had 1,942 owner-vacated foreclosures — or “zombie” foreclosures — in the second quarter, according to Wednesday numbers from California housing research firm RealtyTrac.
Sales of U.S. existing homes up 4.9 percent in May
The Howard Hughes Corp., in a joint-venture with Discovery Land Co. of Scottsdale, Ariz., will build about 250 homes on large lots in what is expected to be the most expensive luxury development in the Las Vegas Valley.
The Greater Las Vegas Association of Realtors reported Monday that the median sale price of a single-family home in the Las Vegas Valley hit $195,000 in May, returning to where it was in March after dropping to $192,000 in April.
Nevada remained a high-foreclosure market despite a May surge in defaults in other states, a Monday report said.
In another recovery milestone, a new master plan is set to get underway in northwest Las Vegas. Skye Canyon was scheduled to hold its groundbreaking on June 5, making it Southern Nevada’s first big, new residential development to get underway since the recession.
Taxpayers are still helping prop up North Las Vegas’ Buena Vista Springs senior apartment complex, some five months after tenants called for a rent strike and nearly a month after politicians labeled the oft-maligned complex’s owner a “slumlord.”
The Olympia Cos. went all out on Thursday at the kickoff event for construction of Skye Canyon, a 1,700-acre master plan at U.S. 95 and Fort Apache Road in northwest Las Vegas.
An East Coast investment firm won a bidding war for a share of a big local shopping center. First Allied Corp. dropped $11.5 million in cash to buy out of receivership a 60,105-square-foot chunk of the 267,000-square-foot Spring Valley Town Center at Flamingo Road and Rainbow Boulevard.
Cathy Jones heads the No. 1 woman-owned commercial real estate brokerage firm in Southern Nevada. However, she took a roundabout path to get there.
Southern Nevada’s industrial market stayed in a holding pattern in the first quarter, according to a new report. The sector’s overall local vacancy rate was unchanged compared with recent quarters, at just over 11 percent, said brokerage Avison Young.
- Page 1