Real Estate

‘Vegas Modern’ developer talks architectural innovation, green building technology

Tyler Jones, co-founder and lead designer of Blue Heron, is shown Jan. 16, 2015, in the model home at Sky Terrace, one of three luxury-home communities being developed by the company in Henderson.

Tyler Jones is founder and owner of Blue Heron, which developed Sky Terrace, a desert-themed luxury community of custom homes in Henderson. The homes are packed with electronics and offer over-the-top amenities, such as elevators, outdoor kitchens and entertainment rooms with 105-inch drop-down television screens. Jones launched Blue Heron in 2004 with his father, Steve Jones, who has been in the Southern Nevada real estate business since 1989 ...

Nevada foreclosure rate takes big jump in April

April foreclosure activity in Nevada rose by nearly 40 percent from a year ago, giving it the nation’s second-highest residential foreclosure rate. Real estate analytics company RealtyTrac reported Wednesday night that ...

Gavel hangs over housing market

Gavel hangs over housing market

The Las Vegas housing market is being hobbled by legal wrangling and disagreements over homeowners association foreclosure proceedings that have resulted in thousands of homes sitting empty and untouchable in legal ...

Summerlin land prices keep rising, but homebuilders aren’t shying away

Land prices are rising in Summerlin, including the area within the Delano development off South Fox Hill Drive, shown Thursday, May 14, 2015.

Homebuilder Kent Lay knows all too well that Summerlin land isn’t cheap. His company, Woodside Homes, is paying double what it did a few years ago. It’s not alone. Land prices have been climbing at a faster rate in the sprawling Las Vegas community than in the valley at large, with the gap ...

Henderson man has good reason for building igloo-shaped house

Aeron Tozier, shown Saturday, March, 28, 2015, is building a large, eco-friendly, arch-shaped home in Henderson. He will live there, but it's also a prototype, as he hopes to build a business developing such homes.

In east Henderson, in a quiet neighborhood with custom homes, equestrian properties and wandering coyotes, Aeron Tozier is building a house that, at first glance, looks like a big, steel igloo. His two-story home — with an attached garage in front — also looks like ...

Sales and prices of used homes rise in April in Las Vegas

Real estate agent Teresa McCormick, left, worked with Lisa Colavito and her husband to buy this house on Decatur Boulevard near Blue Diamond Road.

The median sales price of single-family homes in Southern Nevada in April was $212,568, up 3.7 percent from March and 10.7 percent from a year ago, according to the Greater Las Vegas Association of Realtors ...

Flipping homes remains profitable — especially outside Nevada

A view inside a foreclosed home in Summerlin on Thursday, Aug. 4, 2011. Stars of the TV series "Flipping Vegas" were in negotiations to buy the home.

House-flipping is still a popular pastime in Nevada, but investors can make a lot more money doing it elsewhere, a new report says. Flipping accounted for 6.4 percent of home sales statewide in the first quarter, the ...

Face-lifts at two major malls on the Strip to bring new restaurant, retail offerings

Miracle Mile Shops on the Strip is undergoing a 60,000-square-foot renovation. A rendering of the project, on Harmon Avenue just east of Las Vegas Boulevard, is shown above.

In a bid for diners, two shopping malls in Las Vegas’ resort corridor are getting mini face-lifts to make room for more restaurants. The projects, at Fashion Show mall and Miracle Mile Shops, come as developers ...

Should MGM branch out into real estate?

Real estate investment trusts could become a popular trend among local casino companies if MGM Resorts International, which owns MGM Grand (above), forms one. Already, Caesars Entertainment has asked a bankruptcy judge to allow the company to adopt the structure, and Penn National Gaming formed one for many of its properties, including the M Resort.

Investment firm Land and Buildings is pushing MGM Resorts to adopt a proposal the investors say could skyrocket shares as high as ...

Report: 55 percent of Nevada homes in foreclosure also heavily underwater

Aerial view of Las Vegas Valley.

Being underwater on your mortgage doesn’t necessarily mean you’ll lose your house to lenders. But more often than not, it does in Nevada, a new report shows ...

Photos: Lake Las Vegas home has 7 bathrooms, unlimited views

In a far away land known as Lake Las Vegas sits 16 Via Potenza Court, a three-bedroom, seven-bathroom mansion.

In a faraway land known as Lake Las Vegas sits 16 Via Potenza Court, a three bedroom, seven-bathroom mansion. This 5,515-square-foot Tuscan-style home, designed with the central Italian region in mind, is on the market for just under $3.5 million by ...

Retail rebound: Sahara Pavilion becomes latest major mall to change hands

A view of the Sahara Pavilion shopping center Monday, April 13, 2015, at the northeast corner of Sahara Avenue and Decatur Boulevard.

Sahara Pavilion, at the northeast corner of Sahara Avenue and Decatur Boulevard, was once a hot spot for Las Vegas retail. Now, it's part of a trend in which Las Vegas strip malls are being snapped up by ...

First quarter shows mixed signals in Nevada’s continuing foreclosure woes

A view of model homes in a Ryland Homes subdivision at Buffalo and Diablo drives in the Southwest valley Sunday, April 5, 2015.

One in every 209 homes statewide received a foreclosure-related filing in the three months ending March 31, the third-highest rate in the nation behind ...

Private university buys Nevada Cancer Institute building for its med school

The Nevada Cancer Institute closed Dec. 31, 2012. The Summerlin-based cancer treatment and research facility opened in 2005.

The former Nevada Cancer Institute building will remain a part of the region's medical community. Roseman University of Health Sciences announced Monday that ...

Developments in southwest valley rise after years of delays and defaults

Today, 48,500 people work in construction locally, up 39 percent from the depths of the Great Recession. In this photo, carpenters work on an apartment complex under construction Tuesday, April 7, 2015, at Hualapai and Peace Ways.

As the economy improves, few places are getting as much action. Developers are building or planning to construct apartment complexes, industrial properties, big-box retail and ...