Las Vegas house prices drop for first time in over two years as sales keep falling.
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Amid the typically busy spring buying season, around 3,000 previously owned single-family homes traded hands last month, down 8 percent from March.
“We keep expecting prices to slow down at some point, but it’s not happening yet,” LVR President Brandon Roberts said in a news release.
The deal’s acreage and dollar amount were on par with, if not higher than, recent full-year land sales totals in the community.
Summerlin and three other Southern Nevada master-planned communities ranked among the 25 top-selling areas in the nation for homebuilders.
Construction is underway on Wood Partners’ 228-unit project off Southern Highlands and St. Rose parkways, near the M Resort.
Las Vegas housing prices shot past $400,000 on the resale market for the first time last month, raising concerns that many locals might get priced out as home values keep setting new all-time highs.
Las Vegas Boulevard is known for its towering hotel-casinos, though several miles south of the tourist corridor, closer to the M Resort, the street is lined with sprawling tracts of desert.
Sean Bloom has a sharp eye for success, always considering risk versus reward. Last year, the 21-year-old made headlines alongside his billionaire father, Jay Bloom, after narrowly escaping a deadly trip aboard OceanGate’s Titan Sub. They might both be dead if Jay hadn’t heeded Sean’s warning. “I’m always assessing whether potential deals or situations are […]
Shiva Gummi was arrested in April 2023 after he told a 911 dispatcher he had killed his wife, who was a new doctor at University Medical Center.
Speakers at a Board of Regents meeting expressed disappointment in a lack of response from the board and UNLV leadership on a recent commencement speech.
A weak trough passing north of Las Vegas will bring some gusty winds as the only blemish on a Memorial Day weekend forecast, says the National Weather Service.
Nicholas Bott, 44, had been facing a felony charge of child abuse and a gross misdemeanor count of contact with a minor.