Seven or eight years ago, Las Vegas’ housing market was all but dead. Today it’s reached the most heated levels in years.
Business Columns
Las Vegas, as we know, was the foreclosure capital of America during the recession. Job losses soared as borrowers throughout the valley fell behind on their mortgage and lost their home to lenders.
Construction has been picking up all over Las Vegas, with investors building subdivisions, retail centers, warehouses, apartment complexes and more.
Today, the property on Durango Drive at Hacienda Avenue is spruced up and on the market, ready to close the chapter on its blighted, beat-up past.
Overall in Las Vegas, the number of homes hit with foreclosure-related filings plunged 40 percent last year.
If your Las Vegas house hunt is taking longer than expected, you’re not alone, as sellers are increasingly gun shy.
Las Vegas home prices are rising at one of the fastest rates nationally, bolstered by strong demand and shrinking inventory.
Like other condo projects from the bubble years, Boca Raton initially sold homes at a rapid clip. And, like other projects from that time, buyers vanished when the market crashed.
Their combination will reportedly create the largest homebuilder in the country.
Housing tracker Attom Data Solutions put out a report this week showing the number of vacant properties around the country and what share of cities’ homes are empty. Las Vegas’ housing market has come a long way since the economy crashed last decade, but if Attom’s numbers are any indication, squatting opportunities have grown in the past year.
Banks are slamming the brakes on foreclosures in Las Vegas, and at first glance, the numbers are encouraging, even amazing.
A native New Yorker, Irwin Kishner wasn’t the biggest developer in town, and his cluster of properties between Las Vegas Boulevard and the Las Vegas Convention Center are far from the flashiest.
The inventory of available condos and townhomes in Southern Nevada is falling at an even faster pace than that of single-family houses
Las Vegas house flippers booked an average gross profit of $51,500 per deal in the first quarter, up 29 percent from the same period last year, a new report shows.
Resorts World Las Vegas, the supersized, Chinese-themed casino project on the Strip, got a new boss this week, another expected opening date, and another promise of soon-to-come heavy work.