Las Vegas Real Estate News

Reno median home prices set record, Sparks homes follow

Reno median home prices continue to climb, with Sparks homes trailing closely ...

9 August 2017

By Associated Press

Post Faraday, North Las Vegas relies on rapid industrial growth

A sign advertises industrial land near Interstate 15 and Highway 93, north of Las Vegas Wednesday, Feb. 17, 2016. With Faraday Future halting plans to build in the Apex Industrial Park this month, North Las Vegas is looking to sustain burgeoning growth in industrial real estate.

Beset by damaging economic news in recent weeks, North Las Vegas can find comfort in its continuing industrial real estate boom. The announcement by embattled carmaker Faraday Future that ...

20 July 2017

By Adam Candee

Foreclosure prevention lifeline again available to Nevadans

Nevada homeowners facing financial difficulties can once again take advantage of a foreclosure prevention lifeline offered by the state. The foreclosure mediation program allows homeowners to sit down with ...

10 July 2017

Associated Press

Black homeowners struggle as US housing market recovers

In this Nov. 9, 2015, file photo, Pastor Yul Dorn poses for a portrait inside his home, where he was facing eviction due to foreclosure in San Francisco's Bayview-Hunters Point district. Dorn and his wife expect to join the growing ranks of African-Americans who do not own their homes, a rate that was nearly 30 percentage points higher than that of whites in 2016, according to a report by Harvard University's Joint Center for Housing Studies.

Yul Dorn and his wife raised their son and daughter in a three-bedroom home crammed with family photos, one they bought in a historically African-American neighborhood in ...

9 July 2017

By Janie Har, Associated Press

Blackstone buys World Market Center

The exterior of the World Market Center in Las Vegas, Nev. on Nov. 18, 2016.

Investment firm Blackstone, in partnership with Fireside Investments, announced Thursday it is buying International Market Centers, owner-operator of World Market Center in ...

7 July 2017

By Las Vegas Sun Staff

Local home prices, sales keep climbing in June

A view of residential rooftops near Horizon Ridge Parkway and Gibson Road in Henderson.

Southern Nevada home prices and sales continued to climb in June, according to the Greater Las Vegas Association of Realtors.

6 July 2017

By Las Vegas Sun Staff

Apartment rents rise for 15th straight month as valley's housing market tightens

A view of the Harbor Island Apartments on Harmon Avenue Tuesday, April 25, 2017.

The impact of a vanishing housing supply in Southern Nevada ripples its way through the local rental market this summer with little relief in sight. Driven by the area’s ...

6 July 2017

By Adam Candee

Stay put? Deadly London fire puts scrutiny on high-rise rule

Smoke and flames rise from a building on fire in London, Wednesday, June 14, 2017. Metropolitan Police in London say they're continuing to evacuate people from a massive apartment fire in west London. The fire has been burning for more than three hours and stretches from the second to the 27th floor of the building.

A catastrophic blaze at a London apartment tower has brought new scrutiny to a long-accepted, counterintuitive rule for people in tall buildings: If the blaze breaks out elsewhere in the structure, don't automatically ...

17 June 2017

By Colleen Long, Associated Press

A look at five projects underway right now in downtown Las Vegas

Eureka restaurant will occupy the space formerly occupied by The Beat Coffeehouse & Records on the first floor of Emergency Arts.

With the near-constant flurry of activity in the downtown area of Las Vegas, you’ve likely driven by or walked past a construction project and wondered, “What’s ...

15 June 2017

By Mick Akers

Shoppes at Harmon Square secures $18.1 million loan

Oversize depictions of food items are built into Shoppes at Harmon Square, 4501 Paradise Road, which recently secured a loan to retire existing senior debt and fund tenant improvements.

The Shoppes at Harmon Square in Las Vegas, which renovated its units, façade and parking last year, has secured a $18.1 million loan from Benefit Street Partners. ...

13 June 2017

By Las Vegas Sun Staff

Realtor group on Legislature: ‘Good session’ for homeowners

Members of the Nevada Senate convene a session in the Senate Chambers in Carson City on Friday June 2, 2017.

Homeowners fared generally well during the 2017 session of the Nevada Legislature, according to the Nevada Association of Realtors.

10 June 2017

By Paul Szydelko

Increasingly tight market tougher on Southern Nevada homebuyers

A carpenter takes a measurement at a custom home under construction in the Ridges Las Vegas, a luxury residential community in Summerlin, Thursday, June 11, 2015.

Summer usually ushers in prime homebuying season in Southern Nevada, but that could change drastically in 2017. A severe housing shortage continues to befall the valley, driving up prices and creating major competition among buyers for ...

6 June 2017

By Adam Candee

Is Las Vegas building a new bubble? Analyst gives his take

Jeremy Aguero, a principal analyst with Applied Analysis, poses at his office building in Summerlin Wednesday, August 3, 2011.

Don’t worry, Las Vegas isn’t racing toward another economic cliff. So said analyst Jeremy Aguero this morning to business, community and government leaders at ...

24 May 2017

By Ric Anderson

Home prices keep rising amid ‘housing shortage’ in Southern Nevada

A look at construction happening at Cadence master-planned community in Henderson on October 23, 2015.

Local home prices continued to climb in April as Southern Nevada now has less than a two-month supply of homes available for sale, according to a report released Monday by the Greater Las Vegas Association of Realtors. ...

8 May 2017

By Las Vegas Sun Staff

Rental prices in Las Vegas Valley rising in step with sales prices

A view of The Lido apartments, formerly the Camden Legends Apartments, 2501 Wigwam Parkway, in Henderson April 26, 2016.

The lack of available homes, which drives up sales prices in Southern Nevada, continues to have an effect on the local rental market as well. The average monthly rent for a family-sized home in the Las Vegas Valley climbed to $1,328 per month, a jump of ...