Las Vegas Sun

April 26, 2024

Housing News

  • Klif Andrews, division president with Tri Pointe Homes, poses in the kitchen of a model home in the Inspirada community of Henderson Thursday, April 28, 2022.
    Home builders unable to keep up with demand in Southern Nevada
    Whether it’s new construction or the purchase of an existing home, prices are up, but demand has shown no signs of a significant slowdown.
  • Gerry Sanders, dean of the Lee School of Business at UNLV, makes remarks Wednesday, Aprill 20,2022, during the UNLV Center for Business and Economic Research’s Spring 2022 Outlook economic forum at the Thomas & Mack Center.
    Economists predict 'new normal' for Las Vegas tourism
    Las Vegas is expected to draw nearly 38 million visitors this year, but that pace is projected to slow in 2023, according to the latest economic outlook report released Wednesday by the UNLV Center for ...
  • The Alma Apartments are under construction near Sunset Road and Mountain Vista Parkway. A new report shows rents in the Las Vegas area increased 20% more in the first quarter of 2022 compared to the same period in 2021, to an average of about $1,450 per month. Industry officials say the increase is due in part to demand outpacing the supply of rental housing.
    Las Vegas tenants worry as rent jumps average of 20%
    Soila Solano, who is disabled and lives on a fixed income, got a shock when her new landlord notified her of a rent increase on her house. And not just a little increase. The Las Vegas home she had been renting for $950 a month was going up to $1,400 — a nearly 50% increase overnight. “I don’t know ...
  • Nevada Gov. Steve Sisolak and Adrianne Todman, U.S. Department of Housing and Urban Development deputy secretary, tour a construction site of affordable housing units in southwest Las Vegas Thursday, April 14, 2022. Project Manager Jess Molasky Is at right.
    Governor unveils $500 million housing initiative in Las Vegas
    Near the southwest edge of Las Vegas on South Fort Apache Road, construction crews widen the roads to accommodate more traffic. A newly built neighborhood stands across the street from the latest ...
  • Affordable housing, long overlooked, getting federal boost
    After her home flooded five times in the past year, Tilicia Owens was on edge with every impending storm and ready to leave her Detroit neighborhood behind. But then the 40-year-old quality engineer heard the city had a ...
  • Nevada Governor Steve Sisolak arrives with his wife Kathy to deliver the State of the State address at Allegiant Stadium in Las Vegas Wednesday, Feb. 23, 2022. In the background are the governors daughters Ashley Sisolak, left, and Carley Sisolak.
    Sisolak calls for more affordable housing in annual address
    A $500 million initiative will create up to 1,700 affordable housing units in Nevada and help some 7,000 seniors with home repairs and accessibility upgrades, Gov. Steve Sisolak ...
  • Mortgage loan officer Corey Gehlken poses for a photo in Henderson Friday, Feb. 4, 2022.
    The highs and lows of Southern Nevada's hot housing market
    Largely because of a steady influx of new residents from states like California, and a limited supply of houses, most experts don’t foresee a significant drop in home prices in Southern Nevada through 2022.
  • Todd Stratton, president at Kavison Homes, stands at the future site of an affordable single-family home development in Mountain's Edge, Thursday, Oct. 28, 2021.
    Public-private effort could mean new homes as low as $208K for working Vegas families
    This public-private partnership will provide affordable home-ownership opportunities for families that earn less than the Las Vegas median income ...
  • Bill Donnelly, a renter in Henderson, is the beneficiary of a good relationship with his landlord, Tom Trout. “I’ve never met a man like this in my life, and I’m getting ready to turn 78,” Donnelly said.
    ‘I’ll do it my way’: Las Vegas landlord lowers rents to keep tenants
    For tenant Bill Donnelly, a disabled Vietnam War veteran, his landlord's generosity has resulted in an unexpected decline in rent over the years. When he moved in, Donly was paying $1,200 a month for the 1,600-square-foot property. The next year, the rent went down to ...
  • The CertainTeed Gypsum Plant is shown Tuesday, Aug. 10, 2021, near State Routes 159 and 160. Earlier this month, developer Gypsum Resources won approval from the Clark County Commission to move forward with the first phase of its long-embattled 2,000-acre master-planned community on Blue Diamond Hill near the Red Rock Canyon National Conservation Area.
    Plan for housing near Red Rock Canyon gets permit OK despite objections
    Gypsum Resources now has the go-ahead to design roads and utilities for 280 luxury homes on 563 acres on the site of a century-old gypsum mine near Blue Diamond Hill ...
  • Tawana and Akeem Smith with their children Maliyah, 9, Akeelia, 7, Mya, 5, Amirah, 2, and Malakai, 12, in their Las Vegas home on Aug. 5, 2021. The Smith family has faced eviction several times since the start of the pandemic.
    Evicted Las Vegas tenant: ‘I do not know what I am going to do’
    The federal moratorium on evictions — combined with billions of dollars in rent subsidies — was supposed to avert the scenario of millions of Americans being turned out of their homes after they lost their jobs during the pandemic and were unable to afford their rent. Yet despite these efforts, many local governments and courts were not sure how to …
  • A sign advertises a home for sale in the northwest valley, Thursday, Jan. 9, 2020.
    Median home price in Las Vegas continues to surge, surpassing $400,000
    The median price for an existing single-family home in July cleared $400,000 for the first time, a report released today indicates. According to the Las Vegas Realtors trade organization, the median price for a home sold in Southern Nevada last month was $405,000, which is $10,000 more than what was recorded for June. July’s figures represent a $75,000 increase from ...
  • A sign advertises a home for sale in Southern Highlands, Thursday, Jan. 9, 2020.
    Las Vegas homes selling fast despite median price moving toward $400K
    The median price for an existing home in Southern Nevada is as close to $400,000 as it’s ever been. Reaching a new all-time high, the median price shot to ...
  • Team member Jorge Medina stands by what will be a living wall of aromatic plants in the hallway of UNLV's Mojave Bloom smart solar home in Henderson Tuesday, March 30, 2021.
    UNLV’s entry in national competition designed to offer respite to veterans with PTSD
    UNLV is one of 11 universities competing in the U.S. Department of Energy’s 2020 Solar Decathlon build challenge, a biennial contest where students design, construct and operate homes powered by renewable energy. The challenge’s competition events, postponed for …
  • Nevada extends eviction moratorium through end of May
    Gov. Steve Sisolak extended Nevada’s residential eviction moratorium for two more months but said there will be no further extensions. Today’s announcement comes ...
  • Get More Stories
  • Loading More Stores...