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While 2014 was an important year for Summerlin, 2015 promises to be even bigger for the massive master-plan along the Las Vegas Valley’s western edge. Officials with the community’s developer, The Howard Hughes Corp., said they’re poised to build on the momentum of the October opening of Downtown Summerlin.
WASHINGTON — U.S. home resales tumbled to a six-month low in November after two straight months of strong increases, underscoring the uneven nature of the housing market recovery.
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.
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.
