Las Vegas Real Estate News

Sun City Summerlin still waiting for response on gas pipeline

The Sun City Summerlin Community Association Board of Directors is still waiting for a response from the Federal Energy Regulatory Commission, or FERC, concerning the Kern River natural gas pipeline.

Foreclosures forcing debt on HOAs

Nevada homeowners associations may square off against banks in the 2009 Legislature over fines and assessments that are piling up against foreclosed homes — and over the failure of homeowners and mortgage holders to maintain some of the vacant homes.

Housing market optimists

And so we return to the dismal subject of the housing market. Why? Because the median house price has fallen, again.

Those empty homes for sale are harming communities

Fifty-eight percent of the houses for sale in the Las Vegas Valley are empty, the highest such figure in the three decades such information has been gathered, said Larry Murphy, president of SalesTraq, a firm that compiles real estate data.

Silverado home sales up in September

Home sales in the valley increased again in September as the price of many existing homes remains lower than in previous months and years, according to the most recent report from the Greater Las Vegas Association of Realtors.

State plan could ease pressure of ‘tsunami’

In May, Gov. Jim Gibbons’ administration saw the state’s housing crisis unfolding and tried to come up with a plan.

Reid, Goodman tour foreclosed homes, present remedy

Senate Majority Leader Harry Reid and Las Vegas Mayor Oscar B. Goodman toured the Las Vegas neighborhood with the most foreclosures today and revealed a plan to reverse the damage.

HUD funds to help new home buyers

If your home is in foreclosure, the $72 million infusion of Department of Housing and Urban Development money coming to Nevada isn’t going to do you any good.

Bill to protect renters in foreclosure cases

CARSON CITY – Renters are getting one or two days notice in foreclosures and in some cases are losing thousands of dollars in security deposits they posted.

Summerlin to host "America's Biggest Open House"

The planned community of Summerlin is hosting "America's Biggest Open House" from 10 a.m. to 6 p.m. Saturday and Sunday, providing visitors with a chance to tour more than 60 model homes in 14 neighborhoods.

Home sales up last month as prices continue tumble

The trend of more sales and lower prices in the Las Vegas housing market showed no signs of change last month.

Countrywide settlement to help fight foreclosures

Attorney General Catherine Cortez Masto said today that Nevada is one of several states that has reached an agreement with Countrywide Financial that will help almost 400,000 borrowers across the nation who are facing foreclosure.

Ensign: House should act to calm financial troubles

Sen. John Ensign, R-Nev, said there are dire consequences for the lack of congressional action on the nation's financial troubles.

Report: Vegas housing prices see steepest drop

The Las Vegas housing market picked up another dose of bad news today.

Feds send $72 million to region to fight foreclosure

Nevada state and cities will receive nearly $72 million from the federal government in emergency assistance to acquire and redevelop foreclosed properties, the U.S. Department of Housing and Urban Development announced Friday.