Las Vegas Real Estate News

Tivoli Village bucks trend with cash

Tivoli mirrors the European village look at Lake Las Vegas, the boutique stores of the District and urban village setting and destination point of Town Square.

Tivoli Village at Queensbridge, the 23-acre mixed-use complex, is expected to be a focal point of the Summerlin area, where analysts say there aren’t enough shops and restaurants to serve the upscale development.

Las Vegas home sales, prices see November gains after recent slide

Home sales in the Las Vegas Valley have fallen after the expiration of a federal tax credit for homebuyers.

The slide in home prices and sales in Southern Nevada that raised concerns a month ago about the future of the housing market has halted for now. The Greater Las Vegas Association of Realtors reported this morning that November sales of single-family homes rose 6.8 percent over October and that home prices rose 1.4 percent.

Henderson to require fire sprinklers in new houses

After about an hour of discussion Tuesday, the Henderson City Council unanimously passed a provision in its residential code that will require all new homes to be built with fire sprinkler systems.

State panel sets limit on HOA fee collections from foreclosures

A state commission decided Tuesday that homeowners associations will be limited in what their collection companies can charge for late assessments and other fees.

Real estate brokerage operator faces lawsuit over insurance

One of the largest international operators and franchisors of real estate brokerages faces a national class-action lawsuit charging it offered health insurance to U.S. agents and brokers that in some cases turned out to provide no coverage.

Judge halts state order on HOA collections from foreclosures

A District Court judge today issued a temporary restraining order to prevent a state agency from enforcing an order limiting how much homeowners associations can collect on delinquent foreclosures.

Fox Business Network anchor stirs up controversy

It doesn’t take much these days to stir up political passions on the right and left by mentioning two symbols: President Barack Obama and Fox News Channel.

HOA collectors want end to cap on delinquent fees on foreclosures

Three homeowners association collection companies are seeking a temporary restraining order to stop a state agency from, in essence, limiting how much they can collect in delinquent fees on foreclosures.

Board recommends denial of plan for 569 homes in Mountain’s Edge

A bulldozer clears the desert for development in the Mountain's Edge master-planned community in southwest Las Vegas, Wednesday, Sept. 15, 2010. Despite dropping sales since 2008, developers still are planning new projects in Mountain's Edge.

As residents expressed their frustration with the Mountain’s Edge master-planned community and its developer, Focus Property Group, the Enterprise Town Advisory Board recommended on Wednesday denial of an application by Richmond American Homes to add 569 homes on about 96 acres in the southwest valley.

Nevada leads nation in sale of foreclosure homes

The percentage of Nevada foreclosure homes sold in the third quarter dipped, but the state still leads the nation in those transactions, according to a report released by California-based RealtyTrac.

Entertainment exec's company seeks bankruptcy as development plans stall

A company controlled by Las Vegas entertainment executive John Stuart filed for Chapter 7 bankruptcy protection Monday, with plans by Stuart to develop custom homes around his Legends Ranch apparently stalled.

Las Vegas bucks downward trend, notches home price gain

The Las Vegas housing market was among the best performers nationwide in September, new data today from the Standard & Poor's Case-Shiller Home Price Indices show.

Businesses may be dealing with more taxes on local level

Nevada businesses face the prospect of new taxes and fees at the local government level as the state tries to deal with its budget shortfall.

Commission pulls Las Vegas broker's license, issues $215,000 fine

CARSON CITY – The state Real Estate Commission says it has revoked the license of a Las Vegas broker and fined her $215,000 for inflating the prices of homes her clients were buying.

Analysts: October housing numbers signal weakness ahead

Analysts are pointing to October as if it’s the housing market’s version of Groundhog Day. In this version, the groundhog has seen his shadow and there are six weeks of winter ahead.