Buyers picked up 3,189 previously owned single-family homes — the bulk of the market — in May, down 9.6 percent from April but up 87.3 percent from May 2020, a new report shows.
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Fueled by cheap money, housing markets across the country have accelerated with rapid sales and rising prices.
A penthouse near the Strip has traded hands, fetching the highest price in Nevada history for a condo, the listing brokerage said Thursday.
The Las Vegas Valley’s unemployment rate in April, 9 percent, was second highest in the nation among large metro areas, ahead of only Los Angeles at 9.9 percent, the U.S. Bureau of Labor Statistics reported Wednesday .
Mark Evensvold claimed he had a contract with entrepreneur Tony Hsieh that called for loosely defined work responsibilities, including possibly building treehouses.
Developer Jonathan Kermani expects to start construction in September on a project to renovate, partially demolish and expand the vacant White Cross Market building.
Builders notched 1,215 net sales — newly signed sales contracts minus cancellations — in Southern Nevada in April, up nearly 400 percent from 244 sales in April 2020.