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Housing

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

Las Vegas median home resale unchanged from August at $220K

The local market for existing homes continued to stabilize in September. The median price of a single-family resale home in the month was $220,000 — unchanged from August, but up 8.6 percent from $202,500 in September 2014, the Greater Las Vegas Association of Realtors said Wednesday.

Layoffs loom at troubled housing authority

Layoffs are back on the table for employees at the Southern Nevada Regional Housing Authority as a measure to resolve a budget shortfall of between $1.6 million and $1.8 million for fiscal 2016.

Company using crowdfunding to buy Las Vegas housing complex

In a sign the Las Vegas apartment market is improving, a California company is under contract to purchase a senior housing complex utilizing funding from online investors.

Boom-era Summerlin project will be torn down, started anew

Erik Pfahler is about to exorcise a recession-era specter. Come October, Pfahler and his California investment firm, Newport Pacific Land Co., will cast out what he called four “gray ghosts” that haunt the southwest corner of Flamingo Road and Town Center Drive in Summerlin South.

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Get a glimpse of Las Vegas penthouse living — PHOTOS

When it comes to some of the most luxurious real estate in Las Vegas, you need to look up … way up. That’s where lofty penthouses are found.

Condo conversions making a comeback in valley

The Spanish Palms condominium community on South Rainbow Boulevard is a blast from the city’s 1990s past.
And that other past — the 2006 boom era in which sanity abandoned the local housing market.

GLVAR taps officers, directors for 2016

Southern Nevada’s largest professional association has named its officers and board of directors for 2016.

Nevada retains high rank in foreclosures

The Silver State ranked No. 4 for foreclosure activity in the month, with one in every 587 homes in some stage of the default process, California research firm RealtyTrac reported Wednesday.

Sale of Summerlin home for $11M highest since 2011 — PHOTOS

It’s hard to say what’s most remarkable about the Wednesday sale of a high-end home in Summerlin’s The Ridges neighborhood. Maybe it’s the sale price — at $11 million, the highest in the local market since 2011. Perhaps it’s the marquee names involved in the deal.

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