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Local Las Vegas Valley breaking news from Nevada's most reliable source. Read about the latest updates happening in your region at Las Vegas Review-Journal.

Report shows Las Vegas housing market finally stable

After years of nauseating ups and downs, the Las Vegas housing market is perfectly normal at last. A Friday report from the Greater Las Vegas Association of Realtors showed the city further shaking off its decade-long roller-coaster ride.

Median home prices stay steady in Las Vegas Valley

With median prices unchanged for the last three months, the Las Vegas Valley’s resale housing market is the picture of stability, a local real estate group said Monday.

Habitat for Humanity plans 24 new homes in Henderson

Habitat for Humanity is planning to build 24 new homes in Henderson between 2016 and 2018, a step the city hopes will help revitalize one of its oldest and poorest neighborhoods.

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More housing coming to downtown Las Vegas

Those hoping for a shorter stumble home from Atomic Liquors could soon be in luck. Las Vegas leaders last week unanimously approved a five-story, 226-unit mixed-use housing development just west of the storied, popular watering hole on Fremont Street.

Boom-era Summerlin project will be torn down, started anew

Erik Pfahler is about to exorcise a recession-era specter. Come October, Pfahler and his California investment firm, Newport Pacific Land Co., will cast out what he called four “gray ghosts” that haunt the southwest corner of Flamingo Road and Town Center Drive in Summerlin South.

Nevada retains high rank in foreclosures

The Silver State ranked No. 4 for foreclosure activity in the month, with one in every 587 homes in some stage of the default process, California research firm RealtyTrac reported Wednesday.

No pause in pressure on housing authority chief Hill

This figures to be a busy week for John Hill. Not only is the Executive Director of the Southern Nevada Regional Housing Authority in contract renewal negotiations with the Service Employees International Union, but these days he’s also being asked tough questions about his management style and professional practices.

Las Vegas-area home sales surged in July

Sales of existing single-family homes surged in July, as prices recorded a healthy annual increase.

Nevada to phase out home financing rescue program

State officials are dimming the lights and preparing to phase out an ambitious but short-lived program initially intended to help people stay in their homes as Nevada’s housing market crumbled and home values plummeted during the Great Recession.