Real Estate

Americans buy existing homes at fastest pace in a decade

This Tuesday, May 24, 2016, file photo shows a home for sale in Andover, Mass. On Tuesday, Nov. 22, 2016, the National Association of Realtors reports on October sales of existing homes.

Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007 ...

Southern Nevada sees increase in rental rates

Construction continues on apartments near Stephanie Street and Interstate 215 in Henderson this month.

As it becomes more expensive to buy a house in Southern Nevada in early 2017, home and apartment rental rates creep upward as well. RentRange’s final quarterly report for 2016 showed that the average monthly rent for a three-bedroom home in the Las Vegas area bumped up to ...

The battle to build near Red Rock Canyon is coming to a head — again

Since 2002, developers have tried to persuade Clark County to change the zoning on an old gypsum mine site about 5 miles from the Red Rock Canyon National Conservation Area, in the interest of building a higher-density residential project there.

A few miles from the Red Rock Canyon Visitor Center, a piece of land has long been tugged between development and conservation. The smoldering conflict is reaching another crescendo, with the Clark County Zoning Commission about to vote on a revised concept plan for a residential project that activists hope ...

Popping the housing bubbles in the American mind

This Tuesday, May 24, 2016, file photo shows a home for sale in Andover, Mass. On Tuesday, Nov. 22, 2016, the National Association of Realtors reports on October sales of existing homes.

The virtues of homeownership are so ingrained in the American psyche that we often forget that housing is also a source of economic stress. Rising milk prices are regarded as a household tragedy for some, and spiking gas prices stoke national outrage. But whenever home prices go up, it’s “a recovery,” even though that recovery also means millions of people can no longer afford to buy. ...

Las Vegas area sees rare January uptick for home prices

The median price of existing single-family Southern Nevada homes sold in January increased to $238,000, up 1.3 percent from December and up 8.7 percent from $219,000 in January 2016

The median price of existing single-family homes sold in January through GLVAR’s Multiple Listing Service (MLS) increased to $238,000. That was up 1.3 percent from December and up 8.7 percent from $219,000 in January 2016.

Don’t build near Red Rock

I run a small business buying and selling bikes and frequently ride my bike, hike and run in Red Rock Canyon with my wife and kids ...

iBorrow provides loan in Sahara Avenue office sale

A Los Angeles-based private direct lender for commercial real estate, iBorrow, recently provided a $1.7 million loan to a private group to acquire the Milan Business Center on Sahara Avenue. ...

Roberta Ross sells Reno's Ross Manor after 30-year legacy

Roberta Ross sold the Ross Manor, also known as Ross Apartments, which has been in the Ross family since the 1970s. Roberta Ross has run it since 1985, and on Dec. 22, 2016, she sold the property to Ed Ceran and 21 other people under a tenants in common agreement.

On Dec. 22, Roberta Ross sold a big piece of her life. For 31 years, Ross worked at and then later owned one of the oldest apartment buildings in downtown Reno, the iconic Ross Manor at West and First streets ...

December condo sales shine in Las Vegas housing market

Park House, a three-story, 83-unit condo complex on Flamingo Road, between Durango Drive and Fort Apache Road, in the southwest valley.

Condos were more popular with home buyers than houses in December last year, according to numbers released Thursday by the Greater Las Vegas Association of Realtors (GLVAR), which is not surprising because they were cheaper, too. It’s not that housing sales were bad. In fact, home sales in December increased by ...

Real estate salesman: ‘Las Vegas is having a last-call sale’ for condos

Uri Vaknin owned an art gallery in Atlanta — with a client list that included Elton John — before changing careers to real estate.

A partner at real estate investment firm KRE Capital talks about the benefits of buying a condominium in Las Vegas, the importance of art to the city, and the next destination he’ll check off on his bucket list of world travel.

Racial diversity in L.V. neighborhoods among best in the country

An aerial view of a residential neighborhood in Las Vegas.

Racial diversity within Las Vegas neighborhoods ranks among the best in the country, according to a recent analysis of census data released by the Brookings Institution. ...

The Siegel Group acquires Boulder Highway property

An extended-stay complex at 4240 Boulder Highway operated by Crossland Economy Studios has been purchased by the Siegel Group Nevada.

The Siegel Group Nevada Inc. acquired a 126-unit extended-stay property on Boulder Highway for $4.55 million, the real estate investment and management company announced Thursday. ...

Realtors anticipate new Las Vegas headquarters

A rendering of the Greater Las Vegas Association of Realtors' new 40,000-square-foot headquarters is shown.

Realtors in Southern Nevada will have a new space to call home next year. ...

High off the hog: NLV housing development planned for former pig farm

Pigs root about their pens at R.C.Farms, Inc., on Wednesday, August 13, 2014.

A 150-acre housing development called Sedona Ranch will be built on the site of R.C. Farms, the departing North Las Vegas pig farm ...

On city tour, mayor hopes to sell real estate agents on North Las Vegas

Sell, sell, sell. Whether it’s Mayor John Lee pushing the virtues of North Las Vegas or the assembled audience of real estate professionals Wednesday morning at City Hall, that’s the ultimate goal ...