Steps taken to stamp out squatting in Las Vegas and Miami areas.
Housing
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Resorts World Las Vegas, the supersized, Chinese-themed casino project on the Strip, got a new boss this week, another expected opening date, and another promise of soon-to-come heavy work.
The Henderson City Council unanimously approved an agreement with the Nevada Housing Division to assist low-income residents by developing affordable housing projects.
Builders Pardee Homes and KB Home last week bought roughly 100 acres of land in the Villages at Tule Springs for $20.3 million combined, property records show.
Las Vegas’ foreclosure rate kept sliding last month but remained among the 20 highest in the nation.
Las Vegas home prices rose last month amid a continued drop in listings as a trade group said the valley now has a housing shortage.
Summerlin’s developer sold far less land to homebuilders but notched much-higher average prices in the first quarter versus last year, when a bulk sale helped create the current seesaw.
Despite its improved housing market, Las Vegas has the smallest share of homes in the country whose values have recouped their post-bubble losses, a new report shows.
Henderson has five of the 50 most expensive ZIP codes by property value in Nevada, with two listed in the top 20, according to a recent study. According to the report by real-estate website PropertyShark, the 89052 ZIP code is the 15th most expensive in the state, with a median price of $329,000. It’s also the fourth most expensive area in Southern Nevada.
Las Vegas homebuilders have booked a rise in sales this year, and there are “no signs of it slowing,” a new report says.
Home Builders Research founder Dennis Smith held a market outlook event at the Orleans Arena on Friday as part of Real Estate Expo Las Vegas, which runs through Sunday.
Easy utility access didn’t cause Las Vegas’ squatter problem, but turning the water, power and cable on can only help squatters get more comfortable in other people’s homes.
Las Vegas’ foreclosure rate has dropped sharply from a year ago but remains higher than in most cities, a new report shows.
With the spring buying season underway, Las Vegas house hunters may have to spend more time scrolling through listings and visiting properties — and pay more than they hoped.
Anyone eager to buy a home this spring probably has reasons to feel good. The job market is solid. Average pay is rising. And mortgage rates are still near historic lows. And then there’s the bad news: Just try to find a house.