Another month, another home-price surge.
Housing
Your No. 1 source for Las Vegas housing and real estate news.
The city of Las Vegas is contributing $100,000 to Home Again, a program that aids homeowners.
WASHINGTON — U.S. home prices, led by a nearly 25 percent gain in Nevada, soared 12.1 percent in April from a year earlier, the biggest gain since February 2006, as more buyers are chasing fewer homes.
Nearly 37,000 Nevadans who went through foreclosure during the recession will receive a check this month as part of a massive, national settlement.
WASHINGTON — Fewer Americans than forecast signed contracts in April to buy previously owned homes, indicating limited inventory is holding back further progress in the housing market.
A high demand for houses and a limited supply of sellers willing to part with their homes have driven housing prices up nationwide, with Las Vegas home prices growing at nearly double the U.S. rate.
As the recession recedes, Southern Nevada has fewer under-water homes.
WASHINGTON — Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.
Nearly 20,000 Nevada homeowners have received an average of about $97,000 as part of the $25 billion national settlement over questionable foreclosure and lending practices by some of the nation’s largest financial institutions.
The only bubbles in Las Vegas are in nightclub champagne.
Keeping your business afloat in a tough economy is one thing. Keeping your business afloat in a tough economy while finding time to volunteer at an animal shelter, compete in triathlons, help a child through a kidney transplant or battle cancer? That’s another level of achievement altogether.
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help — if he could hire enough qualified people.
LOS ANGELES — Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages like the housing crash never happened although Nevada borrowers still rank in the top five for delinquencies.
WASHINGTON — Residential real-estate prices increased in February by the most since May 2006, and Las Vegas showed the biggest adjusted monthly increase with prices climbing 2 percent.
