The Greater Las Vegas Association of Realtors reported Monday that the median sale price of a single-family home in the Las Vegas Valley hit $195,000 in May, returning to where it was in March after dropping to $192,000 in April.
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Taxpayers are still helping prop up North Las Vegas’ Buena Vista Springs senior apartment complex, some five months after tenants called for a rent strike and nearly a month after politicians labeled the oft-maligned complex’s owner a “slumlord.”
Union employees at the Southern Nevada Regional Housing Authority objected Thursday to the payment of nearly $1 million in legal fees, while the attorney blamed the union for driving his fees up.
The Howard Hughes Corp. has announced plans for the first multifamily residential development in the 400-acre downtown Summerlin.
A six-month federal audit found two “significant deficiencies” at the Southern Nevada Regional Housing Authority, which provides housing for low-income people.
The Underground House at 3970 Spencer St., one of the valley’s most unusual houses, went on the market about a year ago. The house was initially listed at $1.7 million and on March 28 it sold for the bargain basement price of $1.15 million.
U.S. home prices fell for the second straight month in December as brutally cold weather, tight supply and higher costs slowed sales. But home prices in Las Vegas and five other cities bucked the trend and rose.
Five years into the economic recovery, Nevadans’ personal finances have improved slightly but remain among the worst in the country, according to a new report released Thursday.
A plan to leverage the city of North Las Vegas’ power of eminent domain to seize underwater mortgages and sell them back to homeowners at a lower price is seen as a financial lifeline for some desperate residents.
