Las Vegas Sun

May 3, 2024

Real Estate in Las Vegas

In this Oct. 12, 2018, photo, homes fill a small valley in Reno. A population inrush to Nevada has been driven by people seeking more affordable housing and a growing tech industry around Reno.
Mayor defends Reno's effort to combat housing crisis
Sept. 15, 2019
Reno Mayor Hillary Schieve said criticism surrounding fast-rising eviction rates and a spiraling affordability crisis in the city has overshadowed many of its wins on the housing front ...
This February 2016 photo shows a house for sale in the Las Vegas Valley.
Southern Nevada home prices 'coasting along right now'
Sept. 6, 2019
The Las Vegas-area housing market continued to show signs of stability in August, according to a report from the Greater Las Vegas Association of Realtors. The median price of an existing single-family house in Southern Nevada, according to figures from the association’s Multiple Listing Service, was $305,000. That’s up just slightly from ...
FILE - In this June 13, 2019, file photo stacks of building materials are stacked up near new home under construction in Mechanicsville, Va. On Friday, Aug. 23, the Commerce Department reports on sales of new homes in July.
US new home sales slid 12.8% in July
Aug. 23, 2019
Sales of new U.S. homes fell a steep 12.8% in July, but the drop came after revisions to June sales showed the sales highest growth in 12 years ...
A house is shown for sale in Henderson.
Housing prices steady as Realtors group touts market stability
Aug. 7, 2019
Las Vegas-area home prices continue to hover around a familiar price point. July numbers showed the the median price for an existing single-family house at $303,000, a slight dip from ...
The nearly completed Tanager apartment complex is shown near the Las Vegas Ballpark in Downtown Summerlin Wednesday, May 15, 2019.
Despite largest rent increase in country, Las Vegas market still seen as affordable
July 23, 2019
The median monthly rent for an apartment in Las Vegas has jumped more in the past year than any other major U.S. metro area, according to a new report. However, Suzy Vasquez, executive director for ...
A house is shown for sale Tuesday, Feb. 9, 2016, in Las Vegas.
Las Vegas home resale prices stagnant; rental rates up
July 4, 2019
Las Vegas home values aren’t appreciating like they have been in recent years, and a reversal doesn’t seem to be on the horizon. Southern Nevada ranks ...
Why North Las Vegas is so excited about new master-planned community
June 18, 2019
Valley Vista, a new master-planned community in North Las Vegas, will include an elementary school and commercial plots across 600 acres of planned development ...
Ranny McKee, owner of Elegant Homes, poses for a photo Thursday, June 13, 2019, in front of a home he built in Seven Hills.
Las Vegas luxury homebuilder undeterred by horrific wreck
June 17, 2019
While walking through perhaps his most exquisite masterpiece, homebuilder Ranny McKee couldn’t help but take a moment to admire his work. “Even for the homes I build, this one was over the top,” McKee said of the house he built in Seven Hills for Las Vegas businessman Mark Lindsey. A stunner even by ...
A view of homes from a Vegas Balloon Rides craft floating over the western edge of Las Vegas, Oct. 18, 2013.
Report: Southern Nevada home appreciation continues to lag
June 7, 2019
Las Vegas-area homes are appreciating at their lowest rate in the past seven years. That’s according to numbers released this week from the Greater Las Vegas Association of Realtors. For May, and for the third consecutive month, median existing home prices in Southern Nevada continued to hover around the $300,000 mark. The year-over-year increase of just under ...
The house that Tony Soprano called home on “The Sopranos,” in North Caldwell, N.J.,is listing for sale 20 years after its television debut, with a “starting price” of $3.4 million. The patio and backyard are shown in this photo, taken April 30, 2019.
A big piece of TV history: Tony Soprano’s house hits the market
June 2, 2019
The house, where Tony Soprano pulled into the long, curving driveway in the opening credits of “The Sopranos,” was both a frequent filming location and the inspiration for …
A residential neighborhood is shown in the northwest Las Vegas Valley Thursday, Feb. 7, 2018.
Static home prices signal a stabilizing Las Vegas market
May 8, 2019
The calendar has turned, but the Southern Nevada housing market hasn’t. According to a report released Wednesday by the Greater Las Vegas Association of Realtors, the median price for an existing single-family home sold through its Multiple Listing Service was $300,000 during April. The number represents no change from ...
Florida woman gets prison in Nevada property investment scam
April 24, 2019
A 31-year-old Florida woman has been sentenced in Nevada to six-to-15 years in prison for her role in a real estate investment scheme that prosecutors say ...
A for-sale sign is seen for a home near South Buffalo Drive, Thursday, Dec. 21, 2017.
Las Vegas median home price hits $300,000, a slight uptick
April 8, 2019
Reversing a recent trend, the median sale price of a home in Southern Nevada ticked up in March, according to a new report from ...
A look at Bonnie Springs Ranch in Las Vegas, NV on June 25, 2016.
Replica mining town outside Las Vegas sells for $25 million
April 5, 2019
An "Old Nevada" replica mining town outside Las Vegas has been sold for $25 million. Bonnie Springs Ranch started off as a wagon train pit stop in 1834 and grew into a ...
A house is shown for sale Tuesday, Feb. 9, 2016, in Las Vegas.
Las Vegas is the best (and worst) place for first-time homebuyers
March 20, 2019
It was the best of times, it was the worst of times — to buy a first home in Las Vegas, that is. Depending on which expert ranking you ...