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The changes, expected to go into effect this summer, could lower how much most agents get paid and put some out of business.
Baby boomers have increased their homeownership share in the Las Vegas Valley and the entire U.S. over the past few years, studies show.
Local real estate agents do think rates will drop, but most of them think it will not be a substantial one.
Henderson council members approved the controversial development of a 1,000-acre mine near Lake Las Vegas.
The legislation devotes up to $37 million for buying land and building new homes for neighborhood residents.
The housing market started the year on a slow note, and though mortgage rates have been volatile lately, buyers have been returning.
Nationwide, the pace of resales “waned” for the 12th consecutive month in January.
Southern Nevada’s market appears to be in a logjam, and there’s no telling when it will break through.
The Summerlin estate has been on and off the market over the past few years and was priced at $24.5 million last fall.