Investors last decade tried to build twin condo towers near The Orleans. The project fizzled but developers haven’t given up on the site.
Housing
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Las Vegas’ foreclosure rate has dropped from a year ago but remains higher than in most metro areas.
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.
The median sales price of a Las Vegas home in May was $250,000, up 3.3 percent from April and 13.3 percent from a year ago, a new report shows.
House flippers’ share of the market in Las Vegas has dipped from a year ago and profits fell further.
A new plan for developing the Badlands golf course calls for a boutique hotel, more than 2,000 multifamily units and 65 homes spread across the shuttered 250-acre property.
Dana White, president of the Las Vegas-based cage fighting league, bought three massive houses in Las Vegas’ wealthy Tournament Hills enclave since fall 2016, property records indicate.
The median sales price of a Las Vegas home in May was $250,000, up 3.3 percent from April and 13.3 percent from a year ago, a new report shows.
In recent months, fewer buyers in Southern Nevada relied on a key ingredient when getting a home: a mortgage.
A New York investment giant with extensive real estate holdings in Las Vegas has acquired three Valley apartment complexes for $170 million, property records show.
Las Vegas homebuilders’ fast-rising sales totals this year over 2016 continued in April.
At the end of a yearlong process, Robert Collins walked through his home in southwest Las Vegas in mid-May, admiring what workers had just installed.
The number of owner-occupied homes rose faster than the number of renting households for the first time since 2006 in the first three months of the year.
South Florida real estate broker Liza Mendez was under contract to sell a bank-owned house last year when the buyers called with some news: Her sign out front was gone.
Las Vegas has grappled with a widespread squatter problem in recent years, a lingering side-effect of the housing crash. But it’s not alone: Squatters also took over vacant homes throughout the Miami area, a fellow poster-child for the real estate boom and bust.