Home prices in September fell from year-ago levels while sales stayed strong thanks to investors snapping up homes at bargain prices, the Realtor association said.
Why has the administration’s flagship foreclosure prevention program been so ineffective in helping struggling homeowners get loan modifications and stay in their homes?
Southern Nevada will have a tough time overcoming its shortcomings as a site for companies seeking relocation sites, said speakers at a gathering of commercial real estate developers.
If there’s a single property in the Las Vegas Valley that typifies the extremes of the housing boom and bust, it may be this little house for sale on Walcott Drive.
Nevada real estate boomed and busted like no other state over the past decade. U.S. Census data show Nevada led the nation in the increase of housing units, but fell mightily and topped the nation in vacant homes.
Recession-driven commercial real estate defaults show no sign of slowing down in the Las Vegas area, but a new report says underlying conditions in the industrial sector may be stabilizing.
Credit Suisse AG sued two of the billionaire Bass brothers of Texas and other investors Friday in the bank’s latest effort to recover hundreds of millions of dollars in losses from loans to the Lake Las Vegas development.
Morgan Stanley has agreed to a settlement valued at up to $40 million to end a probe over allegedly deceptive mortgage lending and securitization practices.
Real estate specialist Jack LeVine has during the past four months seen an intense and growing interest in downtown real estate. It reminds him of the mid-2000s boom, when on the first day a home was listed for sale, 10 potential buyers would offer bids.
In their latest blast at Las Vegas-area homeowner associations, investors in foreclosed homes have filed a class action lawsuit against the Southern Highlands Community Association.
When Doug Eisner saw an unfinished development of foreclosed town homes at 4970 Camino Al Norte in North Las Vegas, he didn’t see a distressed property. He saw potential.
Dreary conditions continue in the Las Vegas-area residential real estate market, two new reports show. Home Builders Research Inc. on Friday said it counted 381 new home sales locally in August, lifting the total for 2011 to 2,383.
A Las Vegas real estate brokerage is suing a competitor, charging it’s competing unfairly by using confidential information provided by a defecting sales executive.
