A furrowed mountain blocks all but a sliver of morning sun, casting a shadow across a Western-themed park and a cluster of neighborhoods.
Sun City Anthem rests on the northern slope of Black Mountain, giving homeowners a peaceful view of the Strip below.
Las Vegas has to endure more pain ahead, but the city’s classic fundamentals are still in place for opportunity and growth, economist and housing analyst Tim Sullivan of Sullivan Group Real Estate Advisors said Thursday.
Anyone looking for a glimmer of economic hope may have found it Wednesday at an Urban Land Institute panel discussion on emerging real estate trends in Las Vegas.
Reflecting a national trend, the number of preforeclosure filings and real estate-owned, or bank-owned properties, in Las Vegas fell in October from the previous month, Foreclosures.com reported Tuesday.
The number of homes available for sale in Las Vegas has receded from last year’s peak and monthly closings have nearly tripled, the Greater Las Vegas Association of Realtors reported Monday.
The tough emotional impacts of the Silver State’s foreclosure crisis had Southern Nevadans of all ages reaching out for help Saturday morning.
Two years ago, an 86-year-old woman got a 40-year, $274,000 mortgage with an introductory rate of 1 percent. Her monthly payment was a little more than $500 — but her income consists of only an $830 monthly Social Security check.
Southern Nevada’s housing market hasn’t found its bottom and could suffer further in coming months, a panel of real estate experts said Thursday.