Nevada’s real estate market may be recovering, but mortgage fraud isn’t going away. The Silver State ranked No. 2 for the fourth straight year on LexisNexis Risk Solutions’ Mortgage Fraud Index, which measures investigations of fraud among mortgage professionals.
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Developers of Skye Canyon, a 9,000-home community planned at U.S. Highway 95 and Fort Apache Road, on Thursday announced deals with two big home builders on 80 acres at the 1,700-acre site.
The median price of a single-family home jumped to $202,000 in the month, up 1.1 percent from $199,900 in October, the Greater Las Vegas Association of Realtors reported Monday.
A Las Vegas attorney on Friday said the Nevada Supreme Court gave a legal victory to homeowners associations and their residents when it ruled that “house flippers” who fully paid off liens to quickly sell their investments at huge profits cannot now recoup some of that money.
A strong response to a recent federal land sale is being seen as an indicator that the Las Vegas real estate market is still on the upswing despite slowed growth in home and land prices.
A local real estate brokerage has published a research paper shedding light on Southern Nevada’s luxury homes market.
WASHINGTON — Home prices in 20 U.S. cities advanced at a slower pace in the 12 months through September as the housing market continued to make gradual progress.
Linda Rheinberger of Berkshire Hathaway HomeServices-Nevada was installed Nov. 11 at a national convention in New Orleans as vice president of the Rocky Mountain Region of the National Association of Realtors.
It’s definitely not the worst of times for Nevada’s new-home market, but it’s certainly not the best of times, either.
Local home prices retreated month to month as resales slowed, the Greater Las Vegas Association of Realtors reported Wednesday.
Signature Homes, a 40-year-old local builder that stopped building single-family homes in the downturn, is relaunching its single-family operation with Solana Terrace, a community of about 50 homes in the northeast near Las Vegas and Nellis boulevards.
Downtown Summerlin is home to just about everything its developer, The Howard Hughes Corp., imagined. Upscale resort? Check, in the form of Red Rock.
Two years of recovery in the local housing market won’t keep Southern Nevada’s new-homes segment from underperforming in 2014. And local housing and economic experts believe that the market should expect more of the same in 2015.
California research firm RealtyTrac reported Wednesday that 31 percent of Nevadans with mortgages had loans that were “seriously” higher than their home values in the quarter that ended Sept. 30.
WASHINGTON — U.S. home resales raced to a one-year high in September, the latest indication the housing market recovery is gradually getting back on track.
The regulator of Fannie Mae and Freddie Mac said on Monday it was developing rules to let Americans buy homes with down payments as low as 3 percent, part of a push to boost access to credit.
The median price of Southern Nevada homes sold rose slightly in September although home sales edged down, a report released Wednesday shows.
U.S. home prices in July increased at the slowest pace in 20 months, reflecting sluggish sales and a greater supply of houses for sale. But Las Vegas showed an annual gain of 12.8 percent, best in the nation.
A major opinion issued recently by the Nevada Supreme Court regarding super priority liens filed by homeowners associations is a positive development for Nevada because it has clarified many of the legal issues for everyone involved in the foreclosure market, an official with the company that won the ruling said Tuesday.
The Nevada Housing Division announced Monday that it has launched a grant program for homebuyers.
Nevada’s housing market is about average these days, and observers say that’s just fine.
The Nevada Supreme Court on Thursday ruled that a super priority lien held by a homeowners association can extinguish a first deed of trust on a property, a decision that will create a windfall for some real estate investors in Las Vegas who picked up properties for pennies on the dollar.
A new federal rule could keep thousands of local buyers out of the housing market longer than they expected.
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