Housing
Your No. 1 source for Las Vegas housing and real estate news.
WASHINGTON – U.S. sales of new homes fell slightly in October, and September sales were slower than initially thought. The October sales pace was dragged lower by steep declines on the East Coast, partly related to Superstorm Sandy.
Las Vegas leads the nation in evictions, attracting national and international media attention. Through October, the Las Vegas constable’s office had served 17,365 evictions, which is on pace to fall far short of the 36,987 evictions in 2011.
For nine months, Christine Bulot, an elementary schoolteacher, had been scouring Henderson for her first home, a task that proved to be harder than expected.
The real estate market in Las Vegas has reached bottom and prices have stabilized, but lingering concern about the “ghost inventory” in the single-family residential market is keeping the recovery in check, a panel of experts said this week at the Suncoast.
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