Ken Lowman, broker-owner of Luxury Homes of Las Vegas, found his love for real estate while working as an engineer in Southern California at a Frito Lay processing plant.
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Woodside Homes, which is building in west and northwest Las Vegas and in North Las Vegas, is working with California-based sun-systems provider SolarCity to include photovoltaic panels on all homes at no upfront cost.
Freddie Mac’s Multi-Indicator Market Index, released Wednesday, measures the stability of states and the U.S. capital, as well as the top 50 metropolitan areas. It weighs criteria including mortgage applications, income ratios and employment.
Purchases of new homes fell in February to the lowest level in five months, a sign the industry may take time to pick up after inclement weather dampened demand earlier in the year.
Prudential Americana Group, Realtors had its best sales year ever in 2013, but that wasn’t the only big news coming out of the real estate brokerage’s March 13 sales meeting at Encore. The company also announced that it plans to rebrand itself under one of the nation’s best-known corporate nameplates.
Partly in response to increased interest rates, stabilized home prices and a rise of inventory, banks have received an influx of mortgage loan applications in the first few months of 2014.
Life is better for local homebuilders these days, but a recent housing forecast shows more room for rebound. Industry experts shared expectations for residential construction at the Las Vegas Housing Outlook, and if their predictions are any indication, Southern Nevada will have a relatively flat new-homes market through 2014.
One of the region’s largest residential real estate brokerages is taking on one of corporate America’s most famous names. Prudential Americana Group, Realtors will rebrand its Nevada operation as Berkshire Hathaway Home Services-Nevada Properties.
Nevada slashed its foreclosure rate in February, but the state still saw above-average default activity.
A local trade group is striking back at allegations of discrimination in a lawsuit.