Las Vegas homebuilders can’t build houses fast enough these days to keep up with buyers’ demand. Yes, you read that right. The valley’s new home market is booming. Developers say they haven’t built, or sold, so many houses in years.
26 May 2012
By Delen Goldberg
Attorneys suing Nevada homeowner associations over what they call inflated liens against foreclosed homes say a Nevada Supreme Court ruling on the issue this week won’t affect their lawsuits.
25 May 2012
By Steve Green
Nevada homeowner associations and their collection agencies have prevailed in the latest court ruling in disputes over collection costs for unpaid HOA assessments. The Nevada Supreme Court ruled the state Financial Institutions Division was wrong to cap assessments and collection costs that purchasers of foreclosed homes must pay.
24 May 2012
By Steve Green
Sen. Dean Heller now has a hat trick of housing bills before the Senate, after unveiling a bill to help expedite short sales . Heller’s new bill is mostly an effort make all mortgage service providers follow rules being implemented next month by federal lenders Fannie Mae and Freddie Mac.
23 May 2012
By Karoun Demirjian
A third former Las Vegas police officer has agreed to plead guilty in the long-running parallel probes involving corruption in homeowner associations and at the downtown Courthouse Cafe.
23 May 2012
By Steve Green
A jump in repossession activity in April caused Nevada to reclaim its dubious No. 1 position as the state with the highest rate of foreclosures, data released Wednesday show.
16 May 2012
By Steve Green
A recent privately funded program aimed at helping Las Vegas residents buy a home won accolades Wednesday from the Las Vegas City Council. “You brought back hope," Ward 6 Councilman Steve Ross told the organizers of the recent NeighborhoodLIFT event, which took place at the Riviera.
16 May 2012
By Dave Toplikar
Creditors in the Rhodes Homes bankruptcy case in Las Vegas are suing company founder Jim Rhodes in hopes of seizing his valuable land holdings near Red Rock and recovering hundreds of millions of dollars in losses.
14 May 2012
By Steve Green
The three-bedroom residence at 1083 Hernandez Avenue shows how much difference five years and a record-low mortgage interest rate can make for prospective homeowners.
11 May 2012
By Delen Goldberg
The latest residential real estate data show a good-news, bad-news scenario continuing for Las Vegas. The bad news is that among 146 of the largest housing markets in the United States, Las Vegas was one of 72 markets to see prices decline in the first quarter from a year earlier.
11 May 2012
By Steve Green
A flurry of new data is sending mixed messages about trends in the Las Vegas-area residential real estate market. First, data provider CoreLogic of Santa Ana, Calif., reported that Las Vegas-area home prices in March fell 5.1 percent from March 2011.
8 May 2012
By Steve Green
U.S. Housing and Urban Development Secretary Shaun Donovan has a message for struggling homeowners in Nevada: Help is available. Donovan on Thursday visited Las Vegas, where he took part in several events to tout services available to homeowners facing foreclosure or who find themselves underwater on their mortgages.
3 May 2012
By Conor Shine
A Las Vegas homeowners association says it was defrauded by the late construction defect attorney Nancy Quon’s law firm and should not have to pay fees to what’s left of the firm. Quon was found dead in March.
3 May 2012
By Steve Green
Eight more alleged “straw buyers’’ have been identified in the Las Vegas-area homeowners association corruption investigation dating to 2008 or earlier.
1 May 2012
By Steve Green
Foreclosure activity in greater Las Vegas has dropped 26 percent quarter-over-quarter, putting the area's foreclosure rate at 8th in the nation.
26 April 2012
Associated Press
