Las Vegas Real Estate News

Jeff Harris

Back in the game: Jeff Harris, president of Nevada Title Co., is shown in his Las Vegas office on July 7.

Jeff Harris came to Las Vegas as a football player and now he is a head coach. Not the head coach of a football team, but Harris views his role as president of Nevada Title Co. much the same way.

Experts: Foreclosures threaten possible Las Vegas housing recovery

Sale winds: A Henderson home is advertised for sale on July 13, 2009.

Some real estate pros hope the June housing numbers released last week by the Greater Las Vegas Association of Realtors are a sign that prospects for the housing market are improving, but analysts cautioned it’s too soon to say the market is recovering.

Mortgage fraud is expected to escalate

The FBI’s 2008 Mortgage Fraud Report is not this summer’s feel-good beach read.

Nevada foreclosures increase in June

Data released Thursday show more homes are falling into foreclosure in the Las Vegas Valley. The rate of foreclosure filings increased in June compared to May.

Home foreclosure filings accelerated in Nevada in June, suggesting further trouble for the state's real estate market. RealtyTrac, an Irvine, Calif., company that tracks foreclosure activity, today reported 8,726 notices of default were filed in Nevada in June. Total filings, including notices of default and notices of intent to auction, reached 18,764 in Nevada in June -- up 9.37 percent from May, RealtyTrac said.

North Las Vegas offers foreclosure prevention workshop

Las Vegas Valley homeowners struggling to remain in their homes can find free assistance at a foreclosure prevention workshop.

Regulations allow controls on loan modification industry

CARSON CITY – Gov. Jim Gibbons has signed emergency regulations to allow the state to impose tougher controls to stop foreclosure and loan modification scams.

On economic horizon: Diversification is essential for Southern Nevada

This summer’s round table discussion on what caused Las Vegas’ recession and what needs to be done to reset the economy should generate a lot of debate in the business and gaming communities.

Martin-Harris stung by tabled time-share project

The economy is taking a toll on the construction industry, and Martin-Harris Construction is no exception.

Frank Martin

From carpenter to businessman: Frank Martin, co-founder of Martin-Harris Construction, is shown during an interview at his office in Las Vegas.

It’s been a long and winding road for Frank Martin. The 62-year-old co-founder of Martin-Harris Construction, launched in 1977, has been a player in Las Vegas’ development over the past three decades.

Commercial vacancies climbing higher

Unemployment and the recession are taking a toll on Las Vegas’ commercial real estate, driving up vacancies and prompting landlords to trim lease rates.

Las Vegas breaks record for monthly homes sales

What housing slowdown? Las Vegas set a record in June with more existing homes sold than any other month in history, according to the Greater Las Vegas Association of Realtors.

How to win the attention of inattentive home lenders

In Nevada another 72,000 homes are expected to fall into foreclosure in 2009, according to one report. For now, here are some steps homeowners can take as they try to refinance or modify their loans.

Report: Home prices expected to fall through 2011

Home prices in Las Vegas will almost certainly continue to fall through 2011, a new mortgage industry report shows. Las Vegas is among as many as 324 of the nation's 381 metro areas facing increased risk of lower home prices.

Federal funds meant to ease valley's foreclosure problems

Clark County and the three cities in the valley will be asking the federal government for $368.2 million to fund programs aimed at easing the foreclosure problems in Southern Nevada.

Refinancing change offers help for more in Vegas

The Obama administration’s announcement that it is loosening equity requirements for mortgage refinancing provides sizable relief for homeowners in Las Vegas, where so many loans are underwater. The question is, will it be enough?