Work crews had torn down most of Fiesta Rancho’s hotel tower, on the north side of the property, as of Thursday morning.
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The housing market started 2023 on a slow note, and though mortgage rates have been volatile lately, buyers have been returning.
A hospital chain acquired a sprawling land tract on Las Vegas Boulevard, raising the prospects of a new medical campus.
The locals-focused casino chain purchased nearly 67 acres in North Las Vegas after landing approvals for a 600-room hotel project.
Toll Brothers, which has projects around the Las Vegas Valley, opened two neighborhoods in the Desert Color master-planned community just north of the Arizona border.
The median sales price of previously owned single-family homes was $450,000 last month, unchanged from August.
Las Vegas house prices drop for first time in over two years as sales keep falling.
“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.
Summerlin and three other Southern Nevada master-planned communities ranked among the 25 top-selling areas in the nation for homebuilders.
Last year’s sales tally topped the previous all-time high by nearly 2,000 transactions, and the median price hit $425,000 in December, also setting a record.
Crews are working on the foundation and a crane is in the air at Project63, a four-story retail development at the multi-tower CityCenter complex.
Construction is underway on Wood Partners’ 228-unit project off Southern Highlands and St. Rose parkways, near the M Resort.
The median sales price of previously owned single-family homes was a record $406,500 in September, up 0.4 percent from August and 20.5 percent from September of last year.
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.
The median sales price of previously owned single-family homes was $375,000 in April, up 21 percent from a year earlier.
Today, the Huntridge Theater is run down and a regular gathering spot for homeless — but J Dapper, its new owner, wants to bring the long-shuttered theater back to life.
Las Vegas home prices set a record high yet again last month, and sales totals grew as the valley’s housing frenzy showed no signs of cooling.
The median sales price of previously owned single-family homes was $330,000 in July, up 1.5 percent from the record high in June and 8.9 percent from a year ago, Las Vegas Realtors said.
The median sales price of previously owned single-family homes — the bulk of the market — reached an all-time-high of $316,000 last month, according to a new report.
Las Vegas’ housing market had another big jump in sales from year-ago levels as prices stayed relatively flat, a new report shows.
The Las Vegas City Council has approved a plan to facilitate the sale of the Huntridge Theater, raising hopes that the historic structure will be refurbished and reopened.
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