An eight-unit apartment complex is being renovated along the East Fremont downtown corridor, and Zappos CEO/Downtown Project guru Tony Hsieh is not behind the rehab job.
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Investors are flipping fewer homes in Nevada, but quick sales for profit in the state remain well above national norms.
Lenders filed 1,037 notices of default to start foreclosure proceedings in July, up 128 percent from July 2013, RealtyTrac reported. It’s the highest number of starts since October, when the state’s Homeowners Bill of Rights took effect and put new restrictions on banks looking to foreclose.
A big real estate auction could soon test the local development industry’s recovery.
Developers of Henderson’s Inspirada relaunched a master plan on Aug. 2 and rolled out a sales blitz featuring nine fresh communities with 16 new home designs.
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.
