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April 18, 2014

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Housing News

Another month, another rise in Las Vegas home values
Another month, another rise in Las Vegas home values
Monday, August 19, 2013
Las Vegas Valley home values kept soaring last month, far outpacing most of the country. The region’s median home value was $151,600 in July, up 31 percent from a year earlier, according to a new report from Seattle-based housing data firm Zillow.
Photo: Roofers work on new homes at a residential constru
New home sales slowing but still faring better than a year ago
Monday, August 19, 2013
Real estate:
Southern Nevada new home sales, while faring much better than last year, continued cooling off in recent weeks as buyers faced skyrocketing prices.
Harry Reid, Obama at odds over future of government-backed lenders
Friday, August 9, 2013
President Barack Obama, much of Congress and leading housing experts and economists in Nevada may all be singing the praises of phasing out home-lending giants Fannie Mae and Freddie Mac.
Photo: A carpenter works on a new home at a residential c
Would shift in mortgage risk-taking affect Nevada's rebounding housing market?
Friday, August 9, 2013
Congress might tackle a plan to phase out home lending giants Fannie Mae and Freddie Mac this fall. But Nevadans might want lawmakers to drag their heels a bit.
BLM proposes discounted land sale for senior housing
Thursday, August 1, 2013
A federal agency plans to sell a five-acre chunk of Las Vegas land at a 95 percent discount for an affordable housing complex for seniors.
Cosmopolitan condo sets record for most expensive resale
Cosmopolitan condo sets record for most expensive resale
Tuesday, July 30, 2013
Real estate:
This is one expensive shoe box. A condo — all of 599 square feet — on the 56th floor of the Cosmopolitan’s east tower recently sold for $675,000, or $1,126.88 per square foot.
Regents approve plans to go forward with apartment-style campus housing at UNLV
Regents approve plans to go forward with apartment-style campus housing at UNLV
Friday, July 26, 2013
Nevada's higher education leaders unanimously approved a tentative agreement for Midtown Park, a $175 million apartment-style dormitory project at UNLV that is scheduled to open in fall 2015.
Demand for new homes in Southern Nevada eases in June
Monday, July 22, 2013
Sales of new homes began slowing last month in Southern Nevada amid scorching heat and rising interest rates.
House flipping slows in Las Vegas as bargains disappear
House flipping slows in Las Vegas as bargains disappear
Friday, July 19, 2013
Flipping homes in Nevada is not as profitable or as common as it is nationally, a new report shows. Single-family homes were flipped 2,923 times in the first six months of the year in Nevada.
BLM auction another possible sign of housing recovery
Thursday, July 18, 2013
Real estate:
Las Vegas Valley homebuilders bought at least 74 acres of public land at auction this week, another sign of the region’s increased appetite for new housing.
Another developer takes a chance on partially built Vantage Lofts
Another developer takes a chance on partially built Vantage Lofts
Friday, July 12, 2013
Real estate:
Vantage Lofts, a mothballed Henderson condo project, has been sold and is said to be headed for completion. Again. Southern Nevada developer Rothwell Gornt Cos. sold the partially built 110-unit project this month for $10 million to Seattle property manager and investor John Goodman.
Las Vegas home values 'still posting big increases'
Las Vegas home values 'still posting big increases'
Tuesday, July 9, 2013
Las Vegas home prices kept rising last month even though the valley’s inventory shortage, a key reason for the market’s turnaround, showed signs of easing.
Photo: Roofers work on new homes at a residential constru
Thinking of buying or selling? Here's how rising mortgage rates may affect you
Friday, July 5, 2013
A recent, sharp rise in mortgage-interest rates has raised concerns about whether the housing recovery will soften as home loans become more expensive. Last week, the average rate nationwide for a 30-year mortgage jumped to 4.46 percent from 3.93 percent — the biggest one-week increase since 1987 and the highest rate since July 2011, according to the Federal Home Loan Mortgage Corp.
Photo: A for sale sign stands outside a bank-owned home i
Plan would protect taxpayers from any future housing meltdown
Tuesday, June 25, 2013
A bipartisan group of senators on Tuesday proposed an overhaul to the housing finance system that would gradually eliminate Fannie Mae and Freddie Mac, the two government-sponsored mortgage guarantee giants, and shift more mortgage and credit risk to the private sector.
Home values in Las Vegas jump 28 percent, highest among large U.S. cities
Home values in Las Vegas jump 28 percent, highest among large U.S. cities
Wednesday, June 19, 2013
Las Vegas home values are rising faster than any other major metro area, though at least one analyst expects things to cool down nationwide.

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