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Housing

Your No. 1 source for Las Vegas housing and real estate news.

US new-home sales climb to best level since late 2007

Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, the latest sign that low mortgage rates and a solid job market are helping support the residential real estate market.

Appeals court dashes hopes for investors who bought foreclosed homes in Nevada

Real estate investors who took advantage of a Nevada law during the foreclosure crisis to acquire several thousand foreclosed homes at bargain basement prices got what could be some bad news recently courtesy of the 9th Circuit Court of Appeals.

Tight supply crimps Las Vegas housing market

While Las Vegas is running ahead of 2015 in terms of home and condo sales, the limited supply has finally caught up with the market.

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Rules on short-term rentals prove costly to Las Vegas business

Julie Davies hoped that by now the downtown Las Vegas condo she owns would be drawing in regular visitors and revenue, but it sits unoccupied while she pays for a storage unit for its furnishings.

Brexit upheaval sends mortgage rates lower

The vote on June 23 by Great Britain to exit the European Union has sent bond prices soaring and mortgage rates lower.

US home prices climb in April; 7 cities set new records

U.S. home prices scaled new heights in April, with seven cities — including Boston, Charlotte, Portland, Oregon, San Francisco and Seattle — setting record highs.

Goal of owning home still strong, and 8 other housing trends

Americans still want to own homes — if they can afford to. That’s the finding of a report being released Wednesday by the Harvard University Joint Center for Housing Studies.

Underwater homeownership in Las Vegas dips below 20 percent

Southern Nevada price appreciation is reducing negative equity in the Las Vegas home market and the latest report from CoreLogic, a property analytics firm, showed that the percentage of homes in Las Vegas with negative equity fell under 20 percent for the first time since housing crisis.

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