Las Vegas Real Estate News

Q+A: Why investor is sure buyers will seek out his southwest valley condos

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

During the boom years, it seemed everywhere you looked in Las Vegas a developer was planning an upscale condo project. But when the economy crashed, construction sites were ...

30 March 2016

By Eli Segall

Commercial real estate market in Las Vegas returning to normalcy

Michael Newman, managing director of CBRE Las Vegas, says 2016 could be the best year the company has had in a decade.

Several years after the recession changed the real estate landscape, commercial Las Vegas firms are optimistic about the future ...

28 March 2016

BY Howard Riell, Special to VEGAS INC

After years of wild swings, Las Vegas home prices settle into a groove

This file photo from February 2016 shows a Las Vegas home for sale.

Las Vegas home prices went through a wild roller-coaster ride the past decade or so, but the ride seems almost boring today. For the first time ...

23 March 2016

By Eli Segall

Want to buy a town? There’s one on the market in rural Southern Nevada

A trucker drives across the highway 7 miles from Cal-Nev-Ari, Nev., on March 2, 2016.

It’s dark and mostly empty in the low-slung, 1960s-era casino here, with a handful of people at the bar and just one or two others playing slots. The streets in this dusty, isolated town aren’t paved, but there’s almost nothing to drive to, anyway — no doctors offices, shopping centers or much else around here. But there’s plenty of ...

17 March 2016

By Eli Segall

Investment group buys 39 units at suburban condo complex

Nearly six months after buying dozens of condo units in a Strip high-rise, a San Diego investment group is laying a similar bet in the Las Vegas suburbs. Pathfinder Partners has purchased 39 units in ...

10 March 2016

By Eli Segall

Q+A: Las Vegas homebuilder Canarelli hasn’t let hard knocks bring him down

Larry Canarelli, president of American West Homebuilding Group.

Larry Canarelli spent his childhood in poverty, living in a tent alongside a river, in an orphanage and in shacks. But he’s long had an entrepreneurial bent and a strength for numbers. And over the course of more than 30 years, he’s built a Las Vegas homebuilding empire by ...

9 March 2016

By Eli Segall

Sales of previously owned homes take off in February

Las Vegas used-home sales shot up last month from January as prices largely stayed flat again. Buyers picked up 2,112 single-family homes in ...

7 March 2016

By Eli Segall

County mulls another bid to legalize short-term home rentals

What’s the difference between a short-term rental and a party house? The conversation has surfaced again, with a group lobbying for ...

3 March 2016

By Jackie Valley

Howard Hughes Corp. report: Price per acre in Summerlin rose to $542K in 2015

A look at the Belmonte development off South Fox Hill Drive in Summerlin on May, 14, 2015. Summerlin land prices rose in 2015 to $542,000 in 2015.

Summerlin land sales kept sliding last year as the price of dirt climbed higher. Developer Howard Hughes Corp. sold ...

1 March 2016

By Eli Segall

Las Vegas banker: ‘We’re not recession-proof’

John Guedry, the new chairman of the Las Vegas Metro Chamber of Commerce, is also with Bank of Nevada on Thursday, January 28, 2016.

Chairman of Las Vegas Metro Chamber of Commerce executive committee explains why leaders from business and education arenas must work together.

29 February 2016

By Julie Ann Formoso

Stuck in neutral: Faraday Future hasn’t sparked land sales at Apex park

A sign advertises industrial land near Interstate 15 and Highway 93, north of Las Vegas Wednesday, Feb. 17, 2016. Electric car start-up Faraday Future plans to build a $1 billion auto plant in the Apex Industrial Park.

If all goes as planned, Faraday Future's arrival would usher in thousands of jobs and possibly attract other development to the isolated industrial park. But so far, Faraday’s widely cheered site selection hasn’t sparked a ...

24 February 2016

By Eli Segall

Nevada housing market starts year as a national foreclosure leader

A foreclosed home is shown in a neighborhood near Tenaya Way and Russell Road Thursday, June 25, 2015.

Nevada’s housing market started the year on a familiar note, with one of the highest foreclosure rates in the country. One in every 603 homes statewide received a foreclosure-related filing in January, up ...

19 February 2016

By Eli Segall

Henderson’s luxury Domain apartments sell for $58.2 million

An interior view of a model home at Domain apartment complex, 831 Coronado Center Drive, in Henderson.

Houston real estate tycoon Gerald Hines is laying another bet on Southern Nevada. His namesake company has bought the upscale, 308-unit Domain apartment complex in Henderson for $58.2 million. The sale, by Domain developer Martin Egbert of Nevada West …

19 February 2016

By Eli Segall

This Queensridge home is crowned the king of clicks by Zillow

A view of a home at 9511 Kings Gate Court in the Queensridge community near Summerlin.

Las Vegas housing remains a hot commodity nationally, at least if you go by page views on a well-known real estate site. A nearly $10 million home at ...

12 February 2016

By Ricardo Torres-Cortez

Slow comeback from recession leaves Pahrump with lots of wide open spaces

A look at the current state of Cottage Groves Estates on Cottage Grove Way and Spruce Lane on Friday, Feb. 5, 2016, in Pahrump.

As is the case with Las Vegas, Pahrump’s economy is on the mend. But, overall, the homebuilding industry remains noticeably slower across the Nye County border than ...