Nevada stayed in the top three states for foreclosures in the first quarter as banks picked up the pace on default activity.
Housing
Your No. 1 source for Las Vegas housing and real estate news.
New reports show the number of homes languishing unsold on the Las Vegas market is on the rise. Industry observers blame the trend on unreasonable seller expectations based on median prices that gained 25 percent a year in 2013 and 2014 but have since gone flat.
Home-sales website Zillow set the Las Vegas Valley’s “break-even horizon” at 1.5 years in the fourth quarter, up from 1.2 years in the same period a year earlier.
Southern Nevada didn’t stand out on a new list of the nation’s best and worst rental markets. But California did, and that has implications for the Las Vegas Valley’s housing economy.
Sales of single-family homes spiked 37.8 percent month to month, to 2,707 units, the Greater Las Vegas Association of Realtors said Tuesday. Closings of condos and townhomes soared 33.7 percent, to 651 units.
Whether you see your residence as a forever home, a financial investment or just a place to crash for the night, there’s no denying how much the cost of housing cuts into your available funds at the end of the month.
Eric and Jodi Gilliland traded a yard in back for a 50-acre park out front. A yard for their growing family was top among the features the Henderson couple wanted in their next home. But they tossed their shopping list as soon as they visited Cadence at Lake Mead Parkway and Boulder Highway.
Launched 25 years ago this month with the opening of Summerlin Parkway — the massive master-planned community became more than Sin City’s bedroom community.
Judges rule that jurors should have been told defendant Heidi Haischer was refused medical treatment for a broken leg until she signed false documents.
Doug Trudeau of Tucson, Ariz., became the first Realtor in the country to receive a waiver from Federal Aviation Administration regulations, permitting him to fly his three-pound Phantom 2 Vision+ quadcopter to take photos and videos of real estate.
For a few years, the Ogden in downtown Las Vegas had the reputation as a Downtown Project hangout. Now the 273-unit former residential rental building is getting $2 million in upgrades.
Average home prices in most Las Vegas Valley neighborhoods grew by double-digits in 2014, the second year in a row that values have appreciated in all of the valley’s ZIP codes.
The median price of single-family homes sold through the Greater Las Vegas Association of Realtors’ Multiple Listing Service reached $205,000 in February, up 2.5 percent from January and 7.9 percent from February 2014.
A report from California research firm RealtyTrac found thousands of Nevadans with home equity lines of credit that could soon be harder to pay off.
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.
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