While U.S home prices rose at a slower pace in May, Las Vegas homes rose 6.4% to lead the nation, says a report out Tuesday.
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Las Vegas homebuilders are selling fewer homes and notching slower price growth this year, similar to the resale market, a recent report shows.
The purchase was Tower 16’s fifth in the Las Vegas area.
Las Vegas’ wheeler-dealer, boom-and-bust real estate market is almost never boring. But even by Vegas standards, a sale that closed a year ago this week was especially head-turning.
Following the February death of Bob Massi, a lion-haired Las Vegas Valley lawyer and television personality, his law firm now is in the hands of his son.
The deep-discount airline, which has owned golf-course-management software firm Teesnap since 2013, is also developing a 22-acre riverfront resort in Florida.
Jim Rhodes, whose past projects include the Rhodes Ranch golf course community, sold his 2-acre spread in the southwest valley.
If someone buys The Howard Hughes Corp., it would put the Las Vegas Aviators, its ballpark, the Downtown Summerlin mall and thousands of acres of suburban Las Vegas land in new hands.
Las Vegas may be crammed with cookie-cutter stucco houses, but there are also plenty of mansions around the valley with wine cellars, game rooms, gyms, movie theaters, and other pricey amenities.
A complex that promised Australian cuisine, bars and nightlife in the Arts District is in doubt after construction stalled and the landlord took the operators to court.