WASHINGTON — U.S. home sales in 2008 are expected to be the worst in a decade, November data confirmed Tuesday, and there appears to be no quick turnaround coming next year.
Las Vegas, once the darling of the nation’s housing boom, is feeling unloved for the holidays.
You know the financial outlook is glum when the mortgage brokers who arrange loans have quit paying their own debts.
The $7,500 tax credit given to first-time home buyers isn’t enough to compensate for deteriorating consumer confidence, a local home-building executive and incoming president of the Southern Nevada Home Builders Association said Thursday.
If falling home prices and rising foreclosures aren’t enough to show how distressed the Las Vegas housing market has become, take a look at November’s residential permit total.
Tony Jabon had an e-mail in to his mortgage broker by 10 a.m.
Fontainebleau Las Vegas’ preview center opened last week with little fanfare but lots of questions about when, or if, its 1,018 condominium units will go on sale.
Construction has been suspended on the ManhattanWest mixed-use condo development in southwestern Las Vegas, the developer said Tuesday.