Las Vegas Real Estate News

Trial set for 3 accused in Las Vegas real estate scam

Three years after they were indicted in what prosecutors called a massive Las Vegas real estate scam, a May trial has been set for Steven W. Grimm, Eve E. Mazzarella and a codefendant.

Consultant says low taxes not enough to draw business here

Sallie Doebler, president of NAIOP, sees opportunities for growth in the industrial real estate market.

At a time when legislators are debating the pros and cons of whether to tax — and whom to tax — to help rescue Nevada from fiscal calamity, Sallie Doebler has a daunting task in front of her.

Q&A: Sallie Doebler

Sallie Doebler, president of NAIOP, sees opportunities for growth in the industrial real estate market.

Sallie Doebler has a daunting task in front of her.

More builders adopting green initiatives for homes

Homebuilders are on the green-energy bandwagon these days. They see green as the best way to market homes in an economy that have seen sales plummet.

Price of existing homes at 20-year low in Las Vegas

Housing sprawls across the Las Vegas Valley.

New home sales in January and the price of existing homes tumbled to their lowest level in two decades in Las Vegas.

Las Vegas home prices tumble to 1999 levels, report says

Las Vegas-area home prices fell again in December to levels last seen in 1999, according to the widely-watched Standard & Poor's/Case-Shiller Home Price Indices. Data show Las Vegas home prices had fallen 58 percent since their peak.

2010 saw increase in land sales as prices continued to fall

More land traded hands in 2010 than it has since the recession began, but prices continued to plummet, according to a Las Vegas research firm.

AG: 200 companies under investigation for mortgage fraud

More than 200 companies are under investigation for mortgage fraud with ties to such things as ID theft and prostitution, Attorney General Catherine Cortez Masto says.

Distressed real estate market alive in Las Vegas

One humorous truism among brokers in Las Vegas and the rest of the country described how there were more seminars on distressed commercial real estate than there were sales of those properties.

3 companies seek bankruptcy amid weak commercial real estate market

The beleaguered Las Vegas commercial real estate market was hit with three more bankruptcies last week.

Inspirada developer appeals bankruptcy ruling

Inspirada, near Anthem in Henderson, was envisioned as a 13,500-home, 2,000-acre New Urbanist community where people could walk to parks, schools and a casino, but the housing slump has called into question the commitment of developers and buyers and perhaps lowered the value of some of the homes by about $100,000.

The homebuilder group developing Henderson's Inspirada planned community has appealed a court ruling putting their company, South Edge LLC, into Chapter 11 bankruptcy.

Outlook bright for Las Vegas apartments, national firm says

A national research firm is bullish on the recovery of Las Vegas’ economy and suggests that will help the region’s apartment market.

Economist delves into foreclosure fallout

"The era of crazy price appreciation is over. I think the whole attitude of households in the United States has changed," says Nasser Daneshvary.

Nasser Daneshvary took a roundabout route to Las Vegas real estate expertise. He left Iran more than 35 years ago to pursue a degree in economics in the United States with the intention of returning to teach there.

Analyst: Builders might leave Las Vegas market without sales gains

A housing analyst said today he expects sales of homes in 2011 to match their 2010 levels, but some builders may leave the market if new home sales don’t improve.

Nevada tops nation in foreclosures for 49th straight month

Nevada bank repossessions increased 16 percent between December and January, helping the state maintain the nation’s highest foreclosure rate for the 49th consecutive month, according to a California research firm.