With higher land prices making single-family houses less affordable, Las Vegas builders are cramming sites with more units by putting up condos and townhouses.
Housing
Your No. 1 source for Las Vegas housing and real estate news.
A slew of barriers block the expansion of affordable housing in Southern Nevada — rising rents, low inventory and private sources sitting untapped while thousands of people on wait lists for public and transitional housing.
The situation surrounding 809 Palmhurst Drive in the western Las Vegas Valley shows that anyone can file papers with Clark County to take ownership of a house, and the havoc this can cause.
As Nevada grapples to address a massive shortage of affordable housing, state officials fear federal tax reform has stymied a long-standing funding resource.
Their combination will reportedly create the largest homebuilder in the country.
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.
Mortgage lenders may not be as slaphappy as they used to be, giving money to basically anyone who wanted a house. But in the past few years, with the economy mending and the housing market pulling itself out of the dumps, they’ve opened the vaults wider and wider.
When Jose Navarro started working at foreclosure auctions during the recession, Las Vegas’ economy was a mess – but it was a great time to flip houses.
The developers proposing a housing development for the Badlands Golf Course are requesting to withdraw a significant portion of their application to the city in advance of a possible City Council action on the project later this month.
M.D.C. Holdings, a Denver-based homebuilder operating in several Western U.S. markets including Las Vegas, said third-quarter earnings surged from a year ago. But results missed Wall Street forecasts.
A $20.5 million public housing complex for seniors is step one of an ambitious plan to redevelop a blighted section of North Las Vegas.
JPMorgan Chase will pay $50 million as part of a national settlement agreement to compensate homeowners in bankruptcy over the use of robo-signing and other improper practices, the Department of Justice said on Tuesday.
‘Tis the season for housing reports.
A less-than-perfect credit score is no longer an obstacle to buying a single-family home or townhouse in Southern Nevada.
An Assembly bill submitted in March would modify a controversial requirement that delays real estate lenders from foreclosing on properties secured by a residential loan.
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