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Real Estate Insider

Real Estate Insider

Eli Segall’s Real Estate Insider column appears Saturdays in the Business section.
esegall@reviewjournal.com … @eli_segall on Twitter. 702-383-0342

THE LATEST
Las Vegas home prices soaring, but still below bubble years

The peak boom-era median sales price of previously owned single-family homes was $315,000. Adjusting for inflation, the market has much more than a $15,000 gap from the previous high. In today’s dollars, the peak resale price was around $390,000.

Las Vegas’ top 10 real estate deals of 2018

Investors are always buying, selling, building — and, if things go south, facing lawsuits and other problems. With the year almost done, here is my list of Las Vegas’ top 10 real estate deals of 2018.

Inventory of homes for sale is soaring in Las Vegas

Around 7,000 single-family homes were on the market without offers at the end of November, up a jaw-dropping 54 percent from a year earlier and the highest level in two years, according to Greater Las Vegas Association of Realtors data, which the trade group pulls from its resale-heavy listing service.

Primm’s Fashion Outlets of Las Vegas faces grim future

What do you do with a failing mall like Primm’s? Someone could buy it and try to fill it with retailers, gut it for another use entirely or, in true Vegas style, implode it to build something else. For now, the mall will likely keep limping along.

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