With the economy in a freefall in 2009, a tract of desert near the Strip suffered an all-too-common fate in Las Vegas: It went into foreclosure after big plans went nowhere. Today, the site is buzzing with activity.
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A Dallas real estate group is betting big on Las Vegas’ apartment market, scooping up four properties for more than $345 million combined.
The median sales price of previously owned single-family homes – the bulk of Southern Nevada’s market – was $307,000 in November.