U.S. homebuilders’ sales fell to its slowest pace in a year last month, and resales dropped for the fourth consecutive month. And it’s no different in Southern Nevada.
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A spread of land once owned by Siegfried Roy is now home to a rare sort of real estate project in Southern Nevada: an infill housing tract.
Southern Nevada’s housing market is dominated by single-family homes, but there are plenty of condos and townhouses, which have also sold rapidly amid Las Vegas’ homebuying frenzy.
Resale totals have fallen the past two months, and available inventory has climbed for three straight months as house prices keep setting all-time highs.
Buyers picked up 3,189 previously owned single-family homes — the bulk of the market — in May, down 9.6 percent from April but up 87.3 percent from May 2020, a new report shows.
Builders notched 1,215 net sales — newly signed sales contracts minus cancellations — in Southern Nevada in April, up nearly 400 percent from 244 sales in April 2020.
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Colin Czech is accused of killing a man outside a downtown convenience store and eating parts of the victim’s face, police said.
The Las Vegas Strip casino introduced a new tier in its loyalty program, and visitors will need to reach at least that tier to receive unlimited free parking.
Harry Reid International Airport said its parking was in “high demand” this weekend, and expected Terminal 1 long term and economy parking to be at capacity.