Las Vegas Real Estate News

Henderson mansion available for rent — for the price of a car each month

The house at 1703 Tangiers Drive in MacDonald Highlands is available for rent for $18,000 per month.

Built on a hillside, the Henderson mansion has marble flooring, a movie theater, an elevator and a wine cellar, along with replica sections of the Sistine Chapel's paintings on the walls. If it were for sale, the three-story estate would ...

Broker gets FAA approval to use drone to take real estate photos

Real estate broker Jeff Galindo plans to use his Phantom 2 Vision+ quadcopter, an updated version of the Phantom 2 Vision drone pictured here, to take real estate photos for commercial purposes.

Across Southern Nevada, homes listed online usually have a slideshow of photos — some good-quality, some not — showing the yards, bedrooms, kitchen, garage and other areas of the house. Real estate broker Jeff Galindo wants to spruce up such marketing pitches — with the help of a drone. Galindo, of Simply Vegas, obtained Federal Aviation Administration approval in mid-April to use a small, unmanned aircraft system for commercial purposes. He’s one of a growing number of people ...

Homebuyers in Las Vegas are making smaller down payments, report says

A view of model homes in a Ryland Homes subdivision at Buffalo and Diablo drives in the southwest valley Sunday, April 5, 2015.

The quarterly numbers are a possible sign of easier mortgage lending in what had been ground zero for America’s real estate bust ...

San Francisco’s skyrocketing housing prices prompt vote

A man rides his bike past a new 40-unit Mission District condominium development Tuesday, June 2, 2015, in San Francisco. Finding a place to live has become so expensive and emotional that city supervisors are considering a 45-day moratorium on luxury housing in the Mission District.

Check out rental sites for San Francisco, especially the trendier parts: Well over $3,000 a month for a one-bedroom flat and nearly $5,000 for two bedrooms ...

Roseman University buys more land for medical school

Roseman University has picked up 3.5 more acres of land in Summerlin, expanding the campus for a future medical school. The university bought the land ...

Guest column: State lawmakers given stern warning on HOAs

As the Nevada Legislature wraps up, state lawmakers have considered several issues important to homeowners and the local housing market. One of the most crucial and perhaps most complex concerns foreclosures by homeowner associations ...

Lawmakers want to pare down HOAs’ power in foreclosure

Lawmakers who say a recent Nevada Supreme Court decision has given homeowners associations too much power to foreclose over unpaid dues are pushing for a last-minute legislative fix, saying the ruling could ...

Neverland, former home of Michael Jackson, on sale for $100M

Pop star Michael Jackson's carnival-style Neverland Ranch estate is shown in a 1993 aerial file photo in the Santa Ynez Valley near Los Olivos, Calif.

The 2,700-acre ranch featuring a train station, six-bedroom house and 50-seat movie theater has been in limbo since Jackson's death in 2009. Jackson paid $19.5 million for the property in ...

‘Vegas Modern’ developer talks architectural innovation, green building technology

Tyler Jones, co-founder and lead designer of Blue Heron, is shown Jan. 16, 2015, in the model home at Sky Terrace, one of three luxury-home communities being developed by the company in Henderson.

Tyler Jones is founder and owner of Blue Heron, which developed Sky Terrace, a desert-themed luxury community of custom homes in Henderson. The homes are packed with electronics and offer over-the-top amenities, such as elevators, outdoor kitchens and entertainment rooms with 105-inch drop-down television screens. Jones launched Blue Heron in 2004 with his father, Steve Jones, who has been in the Southern Nevada real estate business since 1989 ...

Nevada foreclosure rate takes big jump in April

April foreclosure activity in Nevada rose by nearly 40 percent from a year ago, giving it the nation’s second-highest residential foreclosure rate. Real estate analytics company RealtyTrac reported Wednesday night that ...

Gavel hangs over housing market

Gavel hangs over housing market

The Las Vegas housing market is being hobbled by legal wrangling and disagreements over homeowners association foreclosure proceedings that have resulted in thousands of homes sitting empty and untouchable in legal ...

Summerlin land prices keep rising, but homebuilders aren’t shying away

Land prices are rising in Summerlin, including the area within the Delano development off South Fox Hill Drive, shown Thursday, May 14, 2015.

Homebuilder Kent Lay knows all too well that Summerlin land isn’t cheap. His company, Woodside Homes, is paying double what it did a few years ago. It’s not alone. Land prices have been climbing at a faster rate in the sprawling Las Vegas community than in the valley at large, with the gap ...

Henderson man has good reason for building igloo-shaped house

Aeron Tozier, shown Saturday, March, 28, 2015, is building a large, eco-friendly, arch-shaped home in Henderson. He will live there, but it's also a prototype, as he hopes to build a business developing such homes.

In east Henderson, in a quiet neighborhood with custom homes, equestrian properties and wandering coyotes, Aeron Tozier is building a house that, at first glance, looks like a big, steel igloo. His two-story home — with an attached garage in front — also looks like ...

Sales and prices of used homes rise in April in Las Vegas

Real estate agent Teresa McCormick, left, worked with Lisa Colavito and her husband to buy this house on Decatur Boulevard near Blue Diamond Road.

The median sales price of single-family homes in Southern Nevada in April was $212,568, up 3.7 percent from March and 10.7 percent from a year ago, according to the Greater Las Vegas Association of Realtors ...

Flipping homes remains profitable — especially outside Nevada

A view inside a foreclosed home in Summerlin on Thursday, Aug. 4, 2011. Stars of the TV series "Flipping Vegas" were in negotiations to buy the home.

House-flipping is still a popular pastime in Nevada, but investors can make a lot more money doing it elsewhere, a new report says. Flipping accounted for 6.4 percent of home sales statewide in the first quarter, the ...