At 76, Alma Evans has been around long enough to live in much better places than Buena Vista, but she said she never lived anywhere worse than the apartment she now calls home near Carey Avenue and Martin Luther King Boulevard.
Housing
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Inspirada Builders LLC announced plans Thursday to begin construction on more than 30 acres of parks, including two community parks and one neighborhood park, at the southwest Henderson housing project.
Housing’s hot streak continued in June and July.
Two new reports showed double-digit gains in local existing and new homes as supplies remained tight.
It’s well-known that the numbers who lost their home to foreclosure far exceed the number of homeowners who’ve received mortgage assistance. Then there’s Ken Hall.
The latest home report on Tuesday confirmed what has been reported several times already this year — home prices are vaulting higher and Nevada is leading the way.
In the last six months, 206 condos going for as much as $400,000 each closed after fewer than 60 days on the market, said Bruce Hiatt, broker-owner of Luxury Realty Group in Las Vegas. That pace is unheard of at a price point and home type that typically averages six to 12 months on the market, Hiatt said.
Who says you can’t find bargains on local land anymore?
U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening.
WASHINGTON — Americans snapped up new homes in June at the fastest pace in five years, a sign the housing recovery is strengthening.
U.S. sales of previously occupied homes slipped in June to a seasonally adjusted annual rate of 5.08 million but remain near a 3½-year high.
Edward Underhill and his dogs Ziggy and Foxy Lady returned to his Kyle Canyon cabin on Wednesday morning, after he had watched the fire roar from his home in Pahrump. He and his neighbors have good reason to be thankful.
If you see nothing but doom and gloom in today’s frothy housing market, some industry experts have a message for you: Buck up.
A new report reveals Nevada was one of the worst states for flipping activity in the first six months of 2013. Investors in Nevada flipped 2,932 homes from January to June, a 34 percent decline compared with the first six months of 2012.
CARSON CITY — A sale of federally owned land in the Las Vegas area is signaling a positive turn for the region’s beleaguered housing market and economy that collapsed amid the Great Recession.
North Las Vegas has embraced a controversial program that would use its power of eminent domain to seize underwater mortgages, pay the investors only what the property is now worth and then let other investors write new mortgages with terms more favorable to the homeowners.