Prices on real estate in Las Vegas rose for the eighth consecutive month in September, according to Vegas Inc. Due to the low inventory of homes and the high number of short sales in the Valley, the median sales prices of a single-family home was up 1.4 percent from August.
More homes in Las Vegas are Read More
Even though home prices in Las Vegas are posted at lower rates than last year, lower-end homes have increased in value slightly. According to the New York Times, real estate in Las Vegas is looking promising for sellers, where purchasing a home for $150,000 is challenging for some potential buyers.
According Read More
An economic revival in Las Vegas is taking over the streets downtown, attracting more businesses and residents to an area that was haunted by vacant properties. Real estate in Las Vegas was hit hard in the housing bust, but that means there is plenty of room for development and growth. Zappos, an online Read More
Las Vegas was one of the hardest hit areas after the housing bubble burst, and many residents of the area are still underwater on their mortgage payments. The turmoil of real estate in Las Vegas has caused a ripple effect in the rest of the area's economy, and experts believe the road to recovery for Read More
Real estate in Las Vegas is getting snatched up left and right by investors, despite the fact that home prices are still in the red, according to the Home Buying Institute. Data released by Standard & Poor's/Case-Shiller’s Home Price Indices reported homes in Las Vegas rose by 1.5 percent from Read More
Living in Las Vegas, residents have to deal with summer temperatures higher than 100 degrees and winter temperatures near freezing, both of which prompt large energy bills. Those looking for real estate in Las Vegas may benefit from finding a home that is energy efficient, or by taking simple steps to make Read More
Many looking for real estate in Las Vegas are now turning to the town adjacent to Sin City: Henderson. The town has grown to become the second-largest city in the state, and is currently considered to be the most in-demand for Las Vegas area home buyers.
In Las Vegas, the tight supply of homes is creating an Read More
New home sales have been going up as prices are remaining low across Las Vegas. Builders have obtained more permits in recent months, and in July there were 462 recorded new home sales, a 46 percent increase from last year. Real estate in Las Vegas posted a 2 percent decrease in the median home price last Read More
Famed hedge-fund manager John Paulson put his money into the recovery of real estate in Las Vegas. As the supply of homes in the area has been on the decline, Paulson purchased more than 875 acres of land in a remote neighborhood in Las Vegas for $17 million through his firm, Paulson and Co.
Just before the Read More
According to statistics released by DataQuick, Las Vegas home sales fell year-over-year for the first time in the past 12 months during June. Sales numbers for real estate in Las Vegas under $200,000 dropped significantly, partly because the rate of foreclosures fell to the lowest it has been in 4.5 years. Read More