Las Vegas Sun

April 23, 2024

Real Estate in Las Vegas

A sign advertises a home for sale in the northwest valley, Thursday, Jan. 9, 2020.
Las Vegas-area home prices unfazed by pandemic
July 7, 2020
“The demise of the housing market due to COVID-19 was highly overrated. The Las Vegas housing market is alive and well."
A sign advertises a home for sale in the northwest valley, Thursday, Jan. 9, 2020.
Report: Las Vegas home sales cut in half because of pandemic
June 8, 2020
When the coronavirus pandemic began in earnest in March, the Las Vegas real estate market was able to hold steady, thanks in part to an abundance of sales already in the pipeline. But, now more than two full months in, it’s clear that COVID-19 has halted the home-buying process. Las Vegas Realtors this ...
A sign advertises a home for sale in the northwest valley, Thursday, Jan. 9, 2020.
How will the pandemic impact the Las Vegas housing market?
June 1, 2020
Demand for houses has remained robust through the first months of the coronavirus crisis, with bidding wars on many properties, some Las Vegas area ...
A sign advertises a home for sale in the northwest valley, Thursday, Jan. 9, 2020.
April house sales fall 31% in Las Vegas amid pandemic
May 6, 2020
Sales of existing houses in the Las Vegas area fell more than 30% in April compared to the same month last year, while prices dipped ...
A view of the City Center Apartments at 811 E Bridger Ave.  in downtown Las Vegas Wednesday, April 10, 2019.
Q+A: Apartment industry lobbyist talks about coronavirus challenges
April 6, 2020
Susy Vasquez, executive director of the Nevada State Apartment Association, recently talked to Vegas Inc about what the order means for landlords and tenants. The association represents 667 communities with about 142,000 housing units.
A Kee Blok "donut" is shown over a door knob after an eviction Tuesday, Jan. 22, 2013. Kee Bloks are devices for blocking the access to the doorknob so the evicted tenant cannot return to the apartment.
Las Vegas Justice Court suspends eviction cases; groups seek statewide moratorium
March 17, 2020
The Las Vegas Justice Court is suspending eviction proceedings effective Tuesday for at least 30 days ...
A sign advertises a home for sale in the northwest valley, Thursday, Jan. 9, 2020.
Realtors group president expects a strong 2020 for Las Vegas market
Feb. 7, 2020
Existing home prices dipped last month in Southern Nevada but remained above $300,000, according to the latest numbers from the Greater Las Vegas Association of Realtors. The median sale price for a home in January was $305,000, according to a report from the GLVAR’s Multiple Listing Service. That’s down ...
 In this Feb. 22, 2018, file photo Airbnb co-founder and CEO Brian Chesky speaks during an event in San Francisco.
Airbnb stays up 19% last year in Clark County
Jan. 28, 2020
Airbnb stays in Clark County increased by 19% last year compared to 2018, even though residential short-term rentals are illegal in much of the valley. Guest arrivals in Clark County totaled ...
A for sale sign stands in front of a bank-owned home in Las Vegas in 2008.
Las Vegas housing market expected to remain sound, stable
Jan. 7, 2020
The Las Vegas housing market continues to ride a wave of stability as the median price for an existing single-family home in Southern Nevada last month was just under $313,000. That represents a 6% jump from December 2018 and a rise from about $307,000 in November of last year. The all-time high for ...
This 2016 photo shows a Las Vegas home for sale.
New report predicts strong Las Vegas housing market
Dec. 12, 2019
The National Association of Realtors on Wednesday predicted the Las Vegas housing market would likely overperform over the next several years, contradicting a recent ...
A buyer recently paid more than $12 million for Phil Maloof's 25,000-square-foot penthouse at Palms Place in Las Vegas.
Buyer to rent out Palms Place penthouse, install helicopter pad
Nov. 13, 2019
A glitzy Las Vegas penthouse at Palms Place recently sold for $12.5 million and will soon be available for rent. Las Vegas businessman Bryan Ercolano purchased the condo and plans to rent it out for ...
A for-sale sign is seen for a home near South Buffalo Drive, Thursday, Dec. 21, 2017.
October numbers show little change in Las Vegas housing market
Nov. 6, 2019
The report showed that the median price for an existing home in the Las Vegas area was $307,000 last month, down just slightly from September, but up more than 4% from October 2018. The all-time high for the area was $315,000 in June 2006, just before the Great Recession when ...
A for-sale sign is shown Dec. 2, 2011, in the Lakes neighborhood of Las Vegas.
Home prices approach all-time highs for Southern Nevada
Oct. 8, 2019
The median price for an existing home in the Las Vegas area at the end of September was $310,000, according to a report released today by the ...
Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks at a campaign event Tuesday, July 2, 2019, in Las Vegas.
Housing woes push into 2020 debate from Nevada and beyond
Sept. 30, 2019
Like many, Mario Wolthers was lured to Las Vegas a decade ago from California by cheaper housing costs. But when his apartment managers tried to raise his rent last spring, he moved in with a roommate. "I'm a responsible taxpaying citizen," said Wolthers, a 38-year-old elementary school teacher and Democrat. "I help a lot of ...
An exterior view of the Rio Hotel and Casino, June 6, 2013.
Caesars announces sale of Rio for $516 million
Sept. 23, 2019
Caesars Entertainment has completed a deal to sell the Rio but will continue to operate the Las Vegas property for at least two years, the company announced today ...