The median price of a single-family home jumped to $202,000 in the month, up 1.1 percent from $199,900 in October, the Greater Las Vegas Association of Realtors reported Monday.
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California research firm RealtyTrac reported Wednesday that 31 percent of Nevadans with mortgages had loans that were “seriously” higher than their home values in the quarter that ended Sept. 30.
Nevada’s housing market is about average these days, and observers say that’s just fine.
The Nevada Supreme Court on Thursday ruled that a super priority lien held by a homeowners association can extinguish a first deed of trust on a property, a decision that will create a windfall for some real estate investors in Las Vegas who picked up properties for pennies on the dollar.
The median price of a single-family home hit $200,000 in the month for its highest level since August 2008, when it marked $210,000, the Greater Las Vegas Association of Realtors reported Thursday.
Nevada’s housing market closed out the first half of 2014 with steady gains. Monday numbers from the Greater Las Vegas Association of Realtors showed continued increases in median prices.
The Nevada Supreme Court has rejected a request for class action status for claims of damaged stucco from faulty construction by Del Webb Communities involving nearly 1,000 Sun City Summerlin residents.
The state had 1,942 owner-vacated foreclosures — or “zombie” foreclosures — in the second quarter, according to Wednesday numbers from California housing research firm RealtyTrac.
The Greater Las Vegas Association of Realtors reported Monday that the median sale price of a single-family home in the Las Vegas Valley hit $195,000 in May, returning to where it was in March after dropping to $192,000 in April.