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Business

For Las Vegas business news covering casinos, energy, housing, entrepreneurs and more turn to Las Vegas Review-Journal.

THE LATEST Business NEWS
New-home market seen underperforming in ‘14, ‘15

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.

Nevada ties for No. 1 in underwater homes

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.

U.S. existing home sales zoom to one-year high

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.

U.S. regulator targets lower down payments on mortgages

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.

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