Las Vegas Real Estate News

Number of foreclosures down in August, but default notices up

Notices of default on home mortgages in Nevada rose sharply in August, but the overall number of foreclosure filings fell, according to a California research firm.

14 September 2011
By Buck Wargo

Las Vegas sees trend of job growth for first time since 2007

Although Las Vegas suffers with one of the weakest economies of U.S. cities, there was a smattering of good news on employment and the value of goods and services produced for the three-month period ended June 30.

14 September 2011
By Steve Kanigher

Underwater mortgages decline, but Nevada still leads nation

The number of Nevadans who are underwater on their mortgages is down, but only because many have lost their homes to foreclosure, a report says.

Fewer Nevada homeowners are underwater on their mortgages, but only because many have lost their homes to foreclosure, a California research firm said.

13 September 2011
By Buck Wargo

Realty One Group out to compete nationally

Las Vegas real estate brokerage Realty One Group announced it’s expanding its footprint in California.

12 September 2011
By Buck Wargo

Reincarnations of vacant retail space could take decades

Record levels of retail vacancy could prompt some changes in the Las Vegas real estate landscape over the next decade, analysts said.

12 September 2011
By Buck Wargo

Las Vegas home sales surge in August; prices decline

A foreclosed home is seen on Thursday, April 28, 2011.

The slowdown in the nation’s economy hasn’t dampened the interest in Southern Nevada’s market for existing homes. The Greater Las Vegas Association of Realtors reported Thursday that the 4,693 sales make up one of the highest levels in the valley’s history.

8 September 2011
By Buck Wargo

Government plan would turn repossessed homes into rentals

A long-simmering government plan to convert repossessed homes into rentals could become part of President Barack Obama’s jobs plan. The Center for American Progress has been pushing the president to include a plan to renovate repossessed homes as part of his strategy to get America working again.

30 August 2011
By Karoun Demirjian

Nevada AG questions Bank of America foreclosures, seeks to scuttle settlement

Nevada Attorney General Catherine Cortez Masto hit Bank of America with a new charge Tuesday: That it’s been foreclosing on homes it had no authority to foreclose on.

30 August 2011
By Steve Green

S&P: Las Vegas home prices end eight-month losing streak

Las Vegas-area home prices rose for the first time in nine months in June, according to the widely-watched Standard & Poor’s Case-Shiller Home Price Indices released today.

30 August 2011
By Steve Green

D.R. Horton, KB Home top home sales list for first six months of the year

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.

New home sales were weak in Las Vegas during the first six months of 2011, but D.R. Horton and KB Home topped the list as the leading builders.

29 August 2011
By Buck Wargo

From CPA to real estate developer, Lance Bradford's success is pure Vegas

Lance Bradford owns Bradford & Company CPA, which dates to 1992. He founded Stable Development in 2005 to promote his unique building model for Las Vegas.

Lance Bradford has a good feel for the Las Vegas business climate.

29 August 2011
By Buck Wargo

Bankrupt Spanish Trail Country Club says it's cash-flow positive

The newly-bankrupt Spanish Trail Country Club in Las Vegas says it anticipates generating enough cash to pay operating expenses while its bankruptcy case proceeds.

26 August 2011
By Steve Green

Neighbors seek answers in dealing with vacant homes

Environmental specialist Robert Cole examines a pool at a foreclosed home in 2010.

As foreclosures and vacant homes sweep across the valley, they bring a rash of problems residents are becoming more and more familiar with. Unkempt lawns, green pools and squatters are becoming common problems, and on Wednesday night, residents in Henderson gathered to learn how they can combat these issues.

24 August 2011
By Conor Shine

Founders of Lied Institute for Real Estate Studies to be honored

Founders of the Lied Institute for Real Estate Studies at UNLV will be honored in September for their contributions during the annul Lieder Awards.

23 August 2011
By Buck Wargo

Prudential Americana Group acquires competitor, becomes market leader

Prudential Americana Group announced today it has acquired one of its largest competitors in the market, elevating it to the No. 1 brokerage in Las Vegas.

23 August 2011
By Buck Wargo
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