Las Vegas Real Estate News

Las Vegas climbs in housing confidence rankings

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.

Amid slumping confidence nationally, Las Vegas has moved up a list measuring faith in the housing industry, as more renters plan to buy in the next year and more owners feel that ...

9 September 2015
By Eli Segall

August used-home sales down from July, up from last year

A house is shown for sale in Henderson.

Las Vegas used-home sales dropped and prices were flat in August compared to July. But compared to the same time last year, business was up, a new report shows. The median sales price ...

9 September 2015
By Eli Segall

Brighter days are in forecast for One Summerlin building

A look at One Summerlin office tower, 1980 Festival Plaza Drive, on Monday, Sept. 7, 2015, at Downtown Summerlin.

Las Vegas’ office market is still slumping from the recession, and at first glance, the pricey new building in Downtown Summerlin seems bogged down with it. The office sector has a roughly 20 percent vacancy rate, higher than all other types of commercial property, and the nine-story ...

8 September 2015
By Eli Segall

Could high-end office complex rise downtown across from Las Vegas City Hall?

A rendering shows three planned office buildings on what are now fenced-off, empty lots between City Hall and a Regional Transportation Commission transit center in downtown Las Vegas.

Across the street from Las Vegas City Hall, near Goodfellas Bail Bonds (“Free Ride Home, Free T-Shirt, Free Hug”) and Desert Manor apartments (“No guns, knives or weapons allowed on premises”), a cluster of pricey, high-quality office buildings might rise from ...

3 September 2015
By Eli Segall

Why progress on Tivoli Village expansion is bogged down

Slow-moving construction continues on an expansion project Tuesday, Aug. 25, 2015, at the retail and dining complex Tivoli Village.

Diners and workers at Social Bistro & Wine Bar, a restaurant in Tivoli Village, have a close-up view of the Las Vegas property’s expansion. And lately, staff say, there hasn’t been a whole lot of action. Three buildings are under construction nearby, but one is just a steel frame and ...

27 August 2015
By Eli Segall

Las Vegas home sales surge, rivaling pace of boom years

Realtor Helen Riley and Fafie Moore, a Realty Executives owner/broker, leave a home being offered for sale in Henderson on Monday, April 8, 2013.

Las Vegas homeowners are selling their properties at the fastest pace since the boom years, but prices remain well below that time ...

26 August 2015
By Eli Segall

Pressure from lenders leads to more foreclosure filings in Nevada

Two foreclosed and unoccupied homes in the 4500 block of East Sun Valley Drive sit across from each other Dec. 15, 2011.

Nevada had the fourth-highest foreclosure rate in the country in July, behind Florida, Maryland and New Jersey ...

20 August 2015
By Eli Segall

Sorry, investors — house flipping in Las Vegas isn’t what it used to be

Self-described "House Flipping Ninja" Daniel Wiafe, a local real estate investor, in his Nevada Divorce Center office on Tuesday, August 18, 2015.

Southern Nevada remains one of the most popular places in America to flip houses, thanks to flipping-focused reality TV shows and Las Vegas’ lower home prices. But overall ...

19 August 2015
By Eli Segall

Boost in new-home sales shows Las Vegas market on ‘steady upward trend’

Visitors take time to view the models at a KB Home build during the Super Saturday at Inspirada on Saturday, October 4, 2014.

Las Vegas builders continue selling more homes than last year in a “slow, stable” uptick in activity. Builders sold 583 new homes in Southern Nevada last month, bringing ...

17 August 2015
By Eli Segall

Mortgages issued by lenders up this year, almost on par with national average

An aerial view of a neighborhood in the southwest part of the Las Vegas Valley taken from a helicopter May 21, 2012.

A total of 8,191 mortgages were doled out for home purchases in Southern Nevada in the three months ending June 30, up 8 percent from the same period last year, according to RealtyTrac ...

14 August 2015
By Eli Segall

Developers still see potential in Coyote Springs, plan to revive the housing development

Becky Tiffin, Barry Schafer, Kevin Tiffin and Laurie Schafer of Littleton, Colo., play a round Wednesday, July 22, 2015, at Coyote Springs Golf Club.

Coyote Springs, launched by former powerhouse lobbyist and current prison inmate Harvey Whittemore, has a golf course — a highly ranked one at that — and little else. But it was supposed to be ...

14 August 2015
By Eli Segall

International Game Technology working on deal to sell Las Vegas headquarters

An exterior view of International Game Technology headquarters at 6355 S. Buffalo Drive on Thursday, Aug. 13, 2015.

CEO Marco Sala said IGT has entered into a letter of intent to sell the southwest valley headquarters, although the company will probably set up a lease-back ...

14 August 2015
By J.D. Morris

Not again: Report finds Nevada homes among most overvalued

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.

Nevada homes not only were the most overvalued in the country at the peak of the housing bubble last decade, but prices are among the most inflated now, new data show. Homes ...

12 August 2015
By Eli Segall

Summerlin land prices are up, but sales are down in recent months

A view of custom-home construction in the Ridges Las Vegas, a luxury residential community in Summerlin, Thursday, June 11, 2015.

Howard Hughes Corp., developer of the 22,500-acre community, sold 58.1 acres of land in the quarter ending June 30, down 7 percent from the same period last year ...

11 August 2015
By Eli Segall

Las Vegas housing prices dip 0.9 percent in July

An aerial view of a residential neighborhood in Las Vegas.

Las Vegas resale housing prices dipped last month but remained higher than a year ago ...

10 August 2015
By Eli Segall
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