Las Vegas homebuilders notched a 20 percent year-over-year increase in July sales and fetched a median price that was 17 percent higher than a year earlier, a new report shows.
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The median sales price of previously owned single-family homes in Las Vegas was $290,000 in July. Here’s a look at what that gets you around the valley.
Southern Nevada home prices rose 13 percent in June from a year earlier, compared with a 6.2 percent rise nationally, according to the SP CoreLogic Case-Shiller index released Tuesday.
President and CEO Fred Tuomi “will be taking a temporary leave of absence to care for a family member’s medical issue,” Invitation announced Monday. The Dallas-based company did not elaborate on the issue, nor did it say when Tuomi was expected to return.
Logan Capital Advisors’ purchase of the 208-unit Oasis Sierra, on West Charleston Boulevard near Rainbow Boulevard, follows its June acquisition of the 255-unit Elysian at Southern Highlands, a townhouse complex near the M Resort, for more than $64 million.
Lynn Benson was indicted by a Clark County grand jury Thursday on five counts of mortgage lending fraud, one count of a pattern of mortgage lending fraud, and five counts of theft. All are felony charges.
A Rhode Island real estate association leader has joined the Greater Las Vegas Association of Realtors’ executive staff. The GLVAR announced Monday that it hired Donna Andrews as its chief operating officer.
Zillow executives may say they’re not in the house-flipping business, but based on its first batch of deals in Las Vegas, that’s exactly what the company is doing: buying and then quickly selling homes.
Las Vegas house prices are cooling off this summer and the full-year sales tally might be below 2017’s, a new report says.
With higher land prices making single-family houses less affordable, Las Vegas builders are cramming sites with more units by putting up condos and townhouses.