Redfin CEO Glenn Kelman said the home-flipping sector it entered “is a staggering amount of money and risk for a now-uncertain benefit.”
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Following a swirl of chatter about the increases, Clark County Assessor Briana Johnson tried to clear up “misinformation.” But confusion and frustration still have not dissipated.
Fueled by cheap money, Las Vegas is in a prolonged homebuying boom.
California real estate firm Ideal Capital Group acquired Jade, a new 287-unit rental complex near the Rio.
Jon Gruden’s purchase was recorded with the county Aug. 10, almost exactly two months before he resigned from the Raiders.
Builders booked 962 net sales in Summerlin through the first half of the year, up 50 percent from the same stretch in 2020.
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.
Atlanta-based homebuilder Beazer Homes bought a tract of land during the bubble days in Indian Springs, a quiet, pint-sized community, and filed plans to build a subdivision.
Las Vegas’ mortgage delinquency rate rose again in May after the coronavirus pandemic shut down much of the economy, a new report shows.