Las Vegas Real Estate News

Developer confident that luxury apartments will make splash in Chinatown

A look at the new luxury apartments Lotus, on Spring Mountain Road and Valley View Boulevard, Wednesday, April 25, 2018.

Big change could be coming to this oft-overlooked area. With this luxury property aimed at young professionals, Fore Property Co. is betting on Chinatown as the ...

30 April 2018
By C. Moon Reed

Road to homeownership gets rockier this spring as rates rise

This February 2016 photo shows a house for sale in the Las Vegas Valley.

In metro areas such as Denver, buyers are rushing to close a deal before mortgage rates get too high. In Dallas, some are embracing longer commutes to find homes they can afford. And in places such as Los Angeles, where the ...

18 April 2018
By Alex Viega, Associated Press

Zillow is getting into the home-flipping business

Most people simply list their home and wait for the best offer. But Zillow is hoping people who don’t want to go through the ...

16 April 2018
By Mike Rosenberg, The Seattle Times (TNS)

Las Vegas housing supply remains tight; average sales price again increases

This 2016 photo shows a Las Vegas home for sale.

The average price for an existing single-family home sold in Las Vegas last month was $280,000, according to the Greater Las Vegas Association of Realtors. Home prices increased 1.8 percent from February and 15.7 percent from March 2017. Also, the average sale price of townhouses and condos was $160,000, or a spike of 30.1 percent from the same time last year. The total number of existing local homes, condos and townhouses sold during ...

6 April 2018
By Ray Brewer

County to request millions in federal housing funds

The Community Development Advisory Committee today recommended six projects for a requested total of more than $6.6 million in state and federal funding ...

3 April 2018
By Yvonne Gonzalez

Commercial real estate attorney: Without litigators, negotiations are vulnerable

Mark Goldstein is of counsel at Bailey Kennedy Attorneys at Law

The of counsel for commercial real estate at Bailey Kennedy talks about the influx of large, national companies in Clark County and ways tenants can maximize the value of their rental agreements.

2 April 2018
By Rebecca Clifford-Cruz

Photos: A look inside Jerry Lewis' Scotch 80s house for sale in Las Vegas

A look at one of the bedrooms in Jerry Lewis' home located in the Scotch 80s neighborhood, which was listed this week for $1.4 million. Lewis, who died in August 2017, lived at the property for 30 years, according to the listing.

The 7,325-square-foot house near Interstate 15 and Charleston Boulevard was listed this week for $1.4 million. Lewis, who died in August, lived at the property for 30 years, according to the listing ...

30 March 2018
By Ray Brewer

What to expect from the housing market this spring

A for-sale sign is shown in a development near Buffalo Drive in the southern Las Vegas Valley on Thursday, Dec. 21, 2017.

This spring’s home sales season is shaping up to be the most interesting one in years. The housing market will depend on which opposing force proves more powerful ...

29 March 2018
By Neil Irwin, New York Times News Service

Hashtag open house: Real estate industry rethinking how it markets luxury housing

Guests sample marijuana vape pens from Bloom, a sponsor, at a home on the market in Los Angeles, Feb. 15, 2018. Developers and real estate agents are experimenting with social media influence partnerships to sell properties.

We’ve grown accustomed to seeing all sorts of products promoted with sponsored Instagram posts or on Snapchat stories, but, so far, homes are rarely marketed this way. Some developers and real estate agents are trying to change that ...

27 March 2018
By Candace Jackson, New York Times News Service

California housing problems are spilling into Nevada

Apartments under construction are shown in Sparks, March 6, 2018. The Reno area is experiencing congestion and new tensions as California residents and businesses seek more affordable locations.

A growing homelessness crisis. Complaints about traffic congestion. Worries that the economy is becoming dominated by a wealthy elite. Those sound like California’s problems in a nutshell. But now they are also among California’s leading exports ...

22 March 2018
By Conor Dougherty, New York Times News Service

Historic Nevada divorce house may be moved for redevelopment

This Thursday, March 8, 2018 photo shows the Nystrsom Guest House pictured in downtown Reno, Nev. The home is one of two historic homes a developer wants to relocate for a revitalization project. Built in 1875, it was one of the first boarding houses catering to divorce-seekers who helped make Reno the ''Divorce Capital of the World'' during the 1930s because of its lax residency laws.

Two historic houses that lie in the path of its revitalization project in downtown Reno, including one that played a key role in the city's emergence ...

11 March 2018
By Associated Press

Bricklayers think they're safe from robots. But are they?

Teams compete in the Bricklayer 500 championship outside the Las Vegas Convention Center, Jan. 24, 2018. In contrast with other trade shows, displays of technology still play second fiddle to the actual race.

Here at this Las Vegas race, humans are holding off the future with trowel and muscle. But that may not last. Bricklayers are becoming increasingly hard to find nationwide. Despite rising wages, there’s a shortage of workers. Nearly two-thirds of bricklaying contractors ...

9 March 2018
By Quoctrung Bui and Roger Kisby, New York Times News Service

Shrinking housing supply is 'catching up to' Las Vegas

This 2016 photo shows a Las Vegas home for sale.

Home sales in the Las Vegas area slowed in February because of the shrinking supply of properties, according to an industry report. The Greater Las Vegas Association of Realtors reports ...

7 March 2018
By Ray Brewer

Developer brings a movie and dining best-of to southwest Las Vegas

The Bend is a dining, entertainment and shopping plaza located in Southwest Las Vegas on Sunset Road just immediately north of IKEA.

When developer J Dapper builds a dining and retail plaza, he tends to personalize it. He’s a huge architecture buff — has a library of books on the subject — so he ...

5 March 2018
By Geoff Carter

Local advocates for the homeless have big hopes for tiny homes

A view of a tiny home, made from a shipping container, at Veterans Village 2 near downtown Las Vegas Saturday, Feb. 24, 2018.

Despite their small size, tiny homes could play a big role in providing shelter for the homeless, advocates say. Veterans Village is exploring the feasibility of tiny homes for those in need with ...

26 February 2018
By Mick Akers
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