Seven or eight years ago, Las Vegas’ housing market was all but dead. Today it’s reached the most heated levels in years.
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.
When Virgin Group founder Richard Branson was at the Hard Rock Hotel last week to announce his purchase of the resort, yours truly asked during a QA whatit sold for and who the majority owner is.
Boca Park, a massive shopping center near Summerlin, gets plenty of customers. But a big, empty store is boarded and padlocked, and if you peak above the plywood covering an entrance, you still see a name: Haggen.
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.
The most expensives and least expensive real estate deals in Las Vegas for 2017 present sharp contrasts.