Report puts Las Vegas new-home sales at three-decade low

New-home sales declined 44 percent from a year ago to just 267 in April and are on pace to barely break 3,000 for the year, research firm SalesTraq reported Monday.

Staff, customer-driven philosophy kept Sahara standing

The Sahara was a few hours from closing for good, and for a moment I thought I wanted to take one last look at the place that once boasted the Strip’s tallest high-rise, Rickles in the Casbar Lounge, and Liberace in the Congo showroom.

Strong ARM Tactics

Immediately following the mortgage market meltdown, adjustable-rate mortgages were considered toxic relics of a broken system operated by lenders run amok. But today, with greater safeguards in place and a bigger initial rate disparity compared to fixed-rate loans than in the past, ARMs are again appearing as an option for many borrowers.

Recovery Rising?

Foreclosures fell in February and have been down for several months. Isn’t this a sign that the real estate market is recovering?

Flood Coverage Set?

Floods are America’s No. 1 natural disaster, according to the Federal Emergency Management Agency, and have caused more loss of life and property than any other U.S. natural disaster over the past century.

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