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August 20, 2014

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Housing News

Photo: A view of model homes in the Villa Trieste subdivi
Sales of homes, land continue to soar in Summerlin
Thursday, November 7, 2013
Real esate:
Land and home sales keep climbing in Summerlin, whose developer said it sold 76.5 acres of land to homebuilders for $29.7 million in the last quarter.
Photo: In this Feb. 8, 2008, file photo, a for-sale sign
Only one Nevadan has taken foreclosure prevention lifeline
Thursday, November 7, 2013
Few Nevadans are taking advantage of a new foreclosure prevention lifeline thrown to them by the state Legislature.
Las Vegas home prices rising again after brief dip
Las Vegas home prices rising again after brief dip
Wednesday, November 6, 2013
Real Estate:
After a one-month dip, Las Vegas home prices are climbing again. The median sales price of previously owned single-family homes in Southern Nevada last month was $185,000, up 3 percent from September and 32 percent from October 2012.
High court rules that foreclosure program's mediation records are not public record
Thursday, October 31, 2013
Courts:
The Nevada Supreme Court has ruled that mediation records are confidential in the case of a homeowner trying to save his property from foreclosure.
House flipping remains fruitful in Las Vegas, if not elsewhere
House flipping remains fruitful in Las Vegas, if not elsewhere
Wednesday, October 16, 2013
Real estate investors across the country are backing away from the house-flipping game. But it appears the practice continues to be a good bet in Las Vegas.
Economic indicators offer mixed bag on NLV's recovery from recession
Economic indicators offer mixed bag on NLV's recovery from recession
Wednesday, October 16, 2013
North Las Vegas:
North Las Vegas Mayor John Lee is confident the worst is over for his city and hopes in a few years it can shed its financial troubles rooted in the Great Recession.
Valley housing prices have given residents the ride of their lives
Valley housing prices have given residents the ride of their lives
Tuesday, October 15, 2013
The past decade has been a horrible roller coaster ride for Las Vegas’ housing market, and now the market is expected to cool off as property values are on the rise. Every city and town in Southern Nevada went through a bell curve-shaped boom and bust.
New-home sales in Las Vegas slowing, but still up from last year
New-home sales in Las Vegas slowing, but still up from last year
Monday, October 14, 2013
The Las Vegas home construction market softened last month compared to August, but overall, things remain stronger than last year. Southern Nevada builders sold 626 new homes in September, down 18 percent from August but up 6 percent from September 2012.
Las Vegas Council considers putting more bite into city's 'party house' ordinance
Las Vegas Council considers putting more bite into city's 'party house' ordinance
Saturday, October 12, 2013
City officials, fed up with complaints about “party houses” disrupting Las Vegas neighborhoods, want to clamp down on the irreverence. Will an outright ban do the trick?
Run of rising Las Vegas home prices reaches an end
Run of rising Las Vegas home prices reaches an end
Tuesday, October 8, 2013
After a nearly two-year hot streak, Las Vegas home prices have started to cool off. But only a little. The median price of previously owned single-family homes sold in Southern Nevada last month was $180,000, down 1.1 percent from August.
Photo: Safe getaway law
New law helps victims make safe getaway from abusive relationships
Sunday, October 6, 2013
Legislation signed this year lets domestic-violence victims break leases without penalty to start life anew
The Nevada Legislature this year passed what is known as the “safe getaway law,” which allows for the early termination of rental agreements involving victims of domestic violence, under certain circumstances. The law seeks to unburden domestic-violence victims from a common financial worry — breaking a lease — that often serves as a barrier preventing their escape. Nevada Assemblywoman Lucy Flores and Assemblyman Elliot Anderson, both D-Las Vegas, sponsored the bill, which won the Legislature’s approval, was signed into law by Gov. Brian Sandoval and went into effect July 1.
Photo: An auction sign for a foreclosed home in Las Vegas
Banks file largest one-day total of defaults for region Monday
Tuesday, October 1, 2013
Real estate:
Just one day before a law kicked in making it easier to avoid foreclosure, banks unleashed a torrent of filings to seize homes from delinquent Las Vegas borrowers.
Cracks appear in private-public partnership behind proposed new dorms at UNLV
Cracks appear in private-public partnership behind proposed new dorms at UNLV
Thursday, September 19, 2013
UNLV and its private developer partners don’t see eye to eye when it comes to financing a new on-campus apartment-style dormitory.
Las Vegas among cheapest US cities for home rentals
Monday, September 16, 2013
Still recovering from the housing bust, Las Vegas is the second-most affordable big city in the country for home renters, a new ranking says.
Local home construction business has best month this year
Monday, September 16, 2013
Real estate:
With sales climbing, Las Vegas’ home construction business had its best month of the year in August.

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