Homeowners are benefiting from Southern Nevada’s heated housing market, often selling for above the asking price and sometimes fetching substantially more than they paid just a few years ago.
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Diversified Partners founder Walt Brown Jr. sold a 1.8-acre parcel for $12.5 million, a few months after he bought it.
Builders reported 4,113 net sales in Southern Nevada during the first three months of the year, up 32 percent from the same stretch in 2020.
MGM Resorts International announced that developer Brett Torino and New York-based Flag Luxury reached a deal to buy 2 acres in CityCenter and plan to build a retail project.
The north Strip megaresort will feature 3,500 rooms, more than 40 food and beverage spots, 250,000 square feet of meeting space, and 117,000 square feet of casino space.
Clark County commissioners voted Wednesday to approve project agreements with Jackie Robinson that will keep alive his long-stalled plans for a Strip development.
The share of Southern Nevada homeowners who are months behind on their mortgage payments is shrinking.
The Clark County Commission is scheduled Wednesday to consider certain agreements for Jackie Robinson’s 27-acre project, which has been on the drawing board for years.
Tower 16 Capital Partners announced Monday that it sold three apartment complex properties for $182 million combined to a Utah real estate firm.
Prices are setting record highs, but the tally of available homes for sale has plunged, and more people are looking to get into the real estate industry.