Las Vegas Real Estate News

Howard Hughes Corp. to build Summerlin ballpark for 51s

A rendering of the southeast view of the Las Vegas Ballpark, being designed by HOK and developed by the Howard Hughes Corp. in Downtown Summerlin to house the Las Vegas 51s.

Years of delays and doubts about the new ballpark sought by the Las Vegas 51s vanished today with the announcement of plans for a Downtown Summerlin stadium. Howard Hughes Corp. ...

Southern Nevada home prices continue to rise in September

The Greater Las Vegas Association of Realtors said the median price of existing single-family homes sold during September was $265,000, up 13.5 percent from September 2016.

Home prices continued to rise while the number of home sales stabilized in September, according to statistics provided by the Greater Las Vegas Association of Realtors on Friday. ...

UNLV technology park expects to construct third building soon

A rendering shows plans for a new building at the Harry Reid UNLV Research & Technology Park.

The UNLV Harry Reid Research & Technology Park in the southwest valley appears ready to begin construction on a new building. Representatives of the ...

Commercial real estate markets: A new normal?

An unanswered question for Southern Nevada commercial real estate markets is whether they will recover to the typical vacancy rates enjoyed before the Great Recession or to some “new normal” as a result of the severe downturn. This is an important issue for developers who are planning to add to the stock of commercial real estate here. ...

Life is good for home sellers, not so much for buyers, August stats show

The Greater Las Vegas Association of Realtors said the median price of an existing single-family home in August  —   $260,000 — was 10.6 percent more expensive than August 2016.

August was good for home sellers in Las Vegas, but not so great for buyers. In general, the statistics show home prices ...

Las Vegas lags in number of new rich ZIP codes, but sales of pricey homes are rising

Chumlee of "Pawn Stars" fame put his five-bedroom, 6,206-square-foot Las Vegas house on the market earlier this year with an asking price of $1,849,900. Zillow reported this week that Las Vegas has created only one neighborhood where at least 10 percent of the homes are worth seven figures since 2014.

Las Vegas is near the bottom of another list; this time, it’s the number of super-rich neighborhoods created in the last three years. According the real estate website Zillow.com ...

Reno rent market at record-high prices, near-zero vacancy

The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City ...

Reno median home prices set record, Sparks homes follow

Reno median home prices continue to climb, with Sparks homes trailing closely ...

Post Faraday, North Las Vegas relies on rapid industrial growth

A sign advertises industrial land near Interstate 15 and Highway 93, north of Las Vegas Wednesday, Feb. 17, 2016. With Faraday Future halting plans to build in the Apex Industrial Park this month, North Las Vegas is looking to sustain burgeoning growth in industrial real estate.

Beset by damaging economic news in recent weeks, North Las Vegas can find comfort in its continuing industrial real estate boom. The announcement by embattled carmaker Faraday Future that ...

Foreclosure prevention lifeline again available to Nevadans

Nevada homeowners facing financial difficulties can once again take advantage of a foreclosure prevention lifeline offered by the state. The foreclosure mediation program allows homeowners to sit down with ...

Black homeowners struggle as US housing market recovers

In this Nov. 9, 2015, file photo, Pastor Yul Dorn poses for a portrait inside his home, where he was facing eviction due to foreclosure in San Francisco's Bayview-Hunters Point district. Dorn and his wife expect to join the growing ranks of African-Americans who do not own their homes, a rate that was nearly 30 percentage points higher than that of whites in 2016, according to a report by Harvard University's Joint Center for Housing Studies.

Yul Dorn and his wife raised their son and daughter in a three-bedroom home crammed with family photos, one they bought in a historically African-American neighborhood in ...

Blackstone buys World Market Center

The exterior of the World Market Center in Las Vegas, Nev. on Nov. 18, 2016.

Investment firm Blackstone, in partnership with Fireside Investments, announced Thursday it is buying International Market Centers, owner-operator of World Market Center in ...

Local home prices, sales keep climbing in June

A view of residential rooftops near Horizon Ridge Parkway and Gibson Road in Henderson.

Southern Nevada home prices and sales continued to climb in June, according to the Greater Las Vegas Association of Realtors.

Apartment rents rise for 15th straight month as valley's housing market tightens

A view of the Harbor Island Apartments on Harmon Avenue Tuesday, April 25, 2017.

The impact of a vanishing housing supply in Southern Nevada ripples its way through the local rental market this summer with little relief in sight. Driven by the area’s ...

Development in Las Vegas resort corridor is pushing east

Developments like the High Roller at the Linq, shown in 2014, and Topgolf may drive growth on the east side of the Strip, particularly along Harmon Avenue and Flamingo Road, real estate officials say.

Capitalizing on an increase in the number of tourists it serves relative to locals in the last few years, the venerable Ellis Island on Koval Lane east of the Las Vegas Strip broke ...