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October 20, 2014

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Housing News

Photo: Nevada led the nation in mortgage delinquency in t
BofA to spend $9.33 billion in FHFA settlement
Wednesday, March 26, 2014
Bank of America will spend $9.33 billion to resolve a dispute over mortgage securities with the Federal Housing Finance Agency, the regulator that oversees …
Photo: Carpenters frame a home at a residential construct
New-home sales slowing, but prices still up
Friday, March 21, 2014
Las Vegas’ home construction market is softening, but that doesn’t mean buyers are scoring big, widespread discounts yet. Local builders sold 433 new homes last month, down 15 percent from a year earlier, according to a new report from Las Vegas-based Home Builders Research. The slowdown comes amid...
Photo: Canyon walls surrounding Lake Mead ringed with whi
The thirsty West: What happens in Vegas doesn’t stay in Vegas
Wednesday, March 19, 2014
http://www.slate.com/articles/technology/future_tense/2014/03/las_vegas_water_conservation_it_s_a_mirage.html
Nevada’s foreclosure rate, while improving, is third-highest in U.S.
Nevada’s foreclosure rate, while improving, is third-highest in U.S.
Wednesday, March 12, 2014
One in every 633 Nevada housing units received a foreclosure-related filing in February, down 16 percent from January and 49 percent from February 2013. Silver State homeowners weren’t the only ones facing...
After a brief break, Las Vegas home prices headed up again
After a brief break, Las Vegas home prices headed up again
Tuesday, March 11, 2014
The median sales price of previously owned single-family homes in Southern Nevada last month was $190,000, an increase of...
Photo: The housing market is picking up across the Las Ve
Wall Street has found its latest dangerous financial product, activists warn
Tuesday, March 4, 2014
Housing:
http://www.huffingtonpost.com/2014/03/04/wall-street-rentals_n_4892205.html?utm_hp_ref=business
Construction restarts on mixed-use Gramercy project
Construction restarts on mixed-use Gramercy project
Monday, March 3, 2014
Real estate:
The new owners of a once-mothballed Las Vegas real estate project have resumed construction on what they deem an “iconic” urban-style enclave. The first tenants are expected to move into the development...
Fewer Las Vegans are underwater, but rate still leads country
Fewer Las Vegans are underwater, but rate still leads country
Thursday, February 27, 2014
Real estate:
About 35 percent of valley homeowners with mortgages were upside down last quarter, which is dramatically lower than the peak of 71 percent in 2012. For the drop, we have investors to thank.
Las Vegas home prices rise; yearly gain is second-highest in the U.S.
Las Vegas home prices rise; yearly gain is second-highest in the U.S.
Wednesday, February 19, 2014
Real esate:
The median value of Las Vegas-area homes rose to $168,800 in January, and values are expected to continue climbing locally this year but at a slower rate than in 2013.
Photo: Small wonder: The DesertSol home at Springs Preser
UNLV's DesertSol home proves sustainability is possible—and stylish
Wednesday, February 19, 2014
The residence took second place in the U.S. Department of Energy's international Solar Decathlon last year.
New-home sales, construction off to a slow start
New-home sales, construction off to a slow start
Wednesday, February 19, 2014
The market for the construction of new homes in Las Vegas started the year somewhat of a dud. Southern Nevada builders sold 401 new homes last month, down 22 percent from January 2013, according to a new report from Las Vegas-based Home Builders Research.
Southern Nevada home prices tapering off after surge
Southern Nevada home prices tapering off after surge
Monday, February 10, 2014
Las Vegas home prices were flat in January, a not-unexpected slow start to the year. The median sales price of previously owned single-family homes in Southern Nevada last month was $185,000.
Report: 2013 an ‘exceptional year’ for new-housing market
Report: 2013 an ‘exceptional year’ for new-housing market
Monday, January 20, 2014
Las Vegas’ home construction sector had some ups and downs last year, but overall, things were much better than the previous year. Southern Nevada builders sold 7,303 new homes last year, up 32 percent from 2012.
Photo: This 2012 file photo shows a home for sale in Hend
Las Vegas home prices end year up 24 percent
Wednesday, January 8, 2014
Las Vegas home prices inched higher last month to end the year far above 2012.
Man gets 11 years in $15 million mortgage fraud scheme
Friday, December 20, 2013
A man who pleaded guilty in a $15 million mortgage fraud scheme was sentenced this week to 11 years in federal prison. In all, 10 people were charged and convicted in the scheme involving straw buyers and the submission of fraudulent paperwork to obtain mortgage loans, officials said.

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