Northern California investors have picked up a Las Vegas apartment complex for a hefty sum.
Housing
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Local elected officials will have more control over the Southern Nevada Regional Housing Authority under a new law that takes effect Saturday.
Clark County commissioners recently approved plans by WTI Inc., an investor group in Cupertino, California, to build a 30-acre, 754-unit apartment complex off the west side of Las Vegas Boulevard at Chartan Avenue.
The number of homes getting boarded up in Las Vegas has been rising even as the real estate market and broader economy improve.
Homebuilders are breaking ground Tuesday on a North Las Vegas community that has been in the works for more than a decade.
Las Vegas home values climbed faster than the national average in the past year, a new report shows.
The Nevada Supreme Court weighed in Thursday with another ruling in a long-running HOA super-priority lien dispute, finding that loans backed by Freddie Mac and Fannie Mae can be protected from foreclosure.
At least four towering apartment projects in Las Vegas, comprising almost 1,400 units total, have received city approvals since last summer.
In 2009, the penthouse unit at Turnberry Place 3801 was on the market for $16 million. One of the largest penthouse units in Las Vegas, the two-floor listing included five bedrooms, nine bathrooms, a wet bar, pool, billiard room and scenic view of the Las Vegas Valley. Then the recession hit.
Any chance he gets, Mayor John Lee likes to pitch the virtues of doing business and living in North Las Vegas.
Investors last decade tried to build twin condo towers near The Orleans. The project fizzled but developers haven’t given up on the site.
Las Vegas’ foreclosure rate has dropped from a year ago but remains higher than in most metro areas.
Las Vegas house flippers booked an average gross profit of $51,500 per deal in the first quarter, up 29 percent from the same period last year, a new report shows.
The median sales price of a Las Vegas home in May was $250,000, up 3.3 percent from April and 13.3 percent from a year ago, a new report shows.
House flippers’ share of the market in Las Vegas has dipped from a year ago and profits fell further.