Las Vegas Real Estate News

Analysis: In Las Vegas, the price of new home vs. resale is higher than average

Carpenters work on a home in the Ridges Las Vegas, a luxury residential community in Summerlin, Thursday, June 11, 2015.

Thinking about buying a new home in Las Vegas? Get ready for sticker shock. The gap between prices of new and resold homes is wider than the national average, which is a pain for homebuilders because ...

After delays, Federal Justice Tower will open next month in downtown

A view of the Federal Justice Tower, right, an 11-story office building under construction on the southeast corner of Las Vegas Boulevard and Clark Avenue on Sunday, Dec. 13, 2015, in downtown Las Vegas. The Lloyd D. George Federal Courthouse is at left.

Daniel Bogden, Nevada’s top federal prosecutor, has been waiting to move his offices to the new Federal Justice Tower. The downtown office building is under construction across the street from his current office in ...

Southern Nevada’s real estate industry being resurrected

A view of the former New Frontier casino site Tuesday, Nov. 3, 2015, on Las Vegas Boulevard South.

Las Vegas’ commercial real estate industry soared with the boom, collapsed with the bust, then was quiet for a few years. Today, business is picking up ...

Q+A: Homebuilder in Rhodes Ranch, Tuscany discusses state of market

Don Boettcher, president for Century Communities' Nevada Division, smiles during an interview at the company's offices Monday, Nov. 30, 2015.

Homebuilder Don Boettcher recently spoke with VEGAS INC about Century Communities' developments, as well as the valley’s housing market and the go-go years when ...

Final part of Showcase Mall on Strip sold for $83 million

Investors have bought another chunk of Showcase Mall on the Strip, acquiring the southern-most section, whose retailers include Grand Canyon Experience, for roughly $83 million.

It took them more than a year, but a group of New Yorkers have completed their nearly $370 million buyout of Showcase Mall on the Strip. Jordache jeans founders the Nakash family and real estate investor Eli Gindi recently purchased the roughly 42,000-square-foot section of Showcase, which is known for ...

Report: Used-home prices flat, sales down

Homes for sale are shown in the Villas at Black Mountain development near Horizon Ridge Parkway and Gibson Road in Henderson Wednesday, June 1, 2011.

Las Vegas used-home prices were flat again last month as buyers drastically cut back on purchases, amid a months-long slowdown in deals, a new report shows. The median sales price ...

Developer spending millions to halt decay in Las Vegas’ Huntridge area

The Huntridge Shopping Center, 1120 E. Charleston Blvd.

Las Vegas investor J Dapper plans to spend a few million dollars to revive a collection of downtrodden properties clustered around the intersection of Maryland Parkway and Charleston Boulevard. And he’s hoping ...

Site of stalled SkyVue observation wheel for sale on the south Strip

A view of the SkyVue project across from Mandalay Bay on Monday, Nov. 23, 2015, on Las Vegas Boulevard South. The project was to be the site of an observation wheel.

After the recession clobbered Las Vegas, real estate investor Howard Bulloch still had big plans for the south Strip, landing approvals to build an amusement park and breaking ground on a 500-foot observation wheel across from Mandalay Bay. “Every airplane that flies in and out of Vegas will fly past that wheel,” he said in spring 2012. Months later, however ...

Report: Troubles in housing market remain like ‘unwanted house guest’

Carpenters work on a home in the Ridges Las Vegas, a luxury residential community in Summerlin, Thursday, June 11, 2015.

Las Vegas builders sold the fewest homes and pulled the fewest permits in months in October, a new report shows. And while business this year remains above ...

Easier in the ’burbs: Why residential development hasn’t taken off downtown

The abandoned Travelers Motel on Fremont Street on Tuesday, Nov. 17, 2015, downtown. One of the barriers to development downtown is the price of land.

Developer Eric Cohen spent a lot of time trying to figure out downtown’s housing market and whether he could pull off an apartment project there. His company moved to former bakery Holsum Lofts, immersing itself in the neighborhood as Cohen looked into possible deals. Today, he and partner Doug Eisner are building sprawling apartment complexes around the valley, but nothing downtown. And their company ...

Suburban Las Vegas office tower sells for $18.25 million

The eight-story Bank of America building off Rainbow Boulevard, near the U.S. 95-Summerlin Parkway interchange, as seen Tuesday, Nov. 17, 2015.

One of the few office towers in the Las Vegas suburbs has changed hands again, and its price keeps dropping. The eight-story Bank of America building off Rainbow ...

Q+A: Convenient location adds luster to Cadence master-planned community

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

When Mark Paris was helping develop Summerlin, a newspaper headline at the time dubbed newly opened Summerlin Parkway the “freeway to nowhere.” Paris now leads ...

Las Vegas man says mortgage firm, Bank of America defrauded him

Michael Bondi poses near a Bank of America branch in Henderson Monday, Nov. 2, 2015. Bondi has a federal lawsuit pending against Bank of America and Nationstar Mortgage.

Michael Bondi contends he's being pressed to repay a home loan that was written off. In a lawsuit against Bank of America and Nationstar Mortgage, the Las Vegas resident claims ...

Las Vegas home resale prices stagnant in October but surge on the year

Fafie Moore, left, a Realty Executives owner/broker, and realtor Helen Riley look over a home being offered for sale in Henderson April 8, 2013.

Las Vegas resale housing prices stayed flat last month and sales volume slid again, but both were higher than a year ago ...

Tips and tricks to avoid common renovation mishaps

Eric Camacho works on a tile floor at a Christopher Homes construction site Thursday, June 11, 2015, in the Ridges Las Vegas, a luxury residential community in Summerlin.

Home improvement projects can be fun: Upgrade your space. Redo your look. Fix a nagging problem. But, as many of us know, they also can be a nightmare, with flaky contractors, repairs gone awry and overblown budgets. Do you tackle a project yourself or hire a professional? How do you find the right contractor for the job? And how do you ensure that you don’t fall victim to a scam? Here’s a guide to help you navigate the potentially dicey waters of home repairs. ...