Las Vegas Real Estate News

An infamous mobster's home was up for sale. Buyers made an offer. Who could refuse?

An infamous mobster's home was up for sale. Buyers made an offer. Who could refuse?

Shannon Smith knew this would be unlike any home he'd ever sold. Prospective buyers peppered him with questions: Did anyone get murdered here? Are there diamonds and cash hidden in the walls? Are there bodies buried in the yard? "I don't know. Buy the house and see," he'd tell them. "Get some metal detectors. Knock down the walls." Smith, a 39-year-old real estate agent and broker, said ...

Name announced for Downtown Summerlin’s 2nd luxury apartment development

Downtown Summerlin’s second luxury apartment community will be called Tanager, after a vintage airplane and in keeping with the area’s aviation-themed naming ...

Another bubble? Experts assess housing market and more

This 2016 photo shows a Las Vegas home for sale.

Business people from across the Las Vegas valley gathered at UNLV today to see a snapshot of the Southern Nevada economy and hear experts offer outlooks on the region’s future. The Las Vegas ...

Residents of high-rise oppose rental ordinance

The Ogden condominium building in downtown Las Vegas.

Residents of a downtown high-rise turned out today to once again ask the Las Vegas City Council not to pass an ordinance that would open the building to short-term rentals. About ...

Planned housing at Bonnie Springs won't kill site's charm, developer insists

Bonnie Springs Ranch, west of Las Vegas in the Red Rock Canyon National Conservation Area, will close to make way for new development on the 64-acre site.

The renderings are beautifully hand-drawn and colored. They depict a mountainous storybook village that could be vaguely Spanish or Italian. Visitors enter through an elegant circular driveway, pass under a charming stone archway and then the new world of Bonnie Springs Ranch opens up. Gone are the equestrian stables, Wild West-themed town, petting zoo and train ride. In its place are ...

Most short-term vacation rentals banned at South Lake Tahoe

California voters have narrowly approved a ballot measure banning short-term vacation rentals in residential neighborhoods outside downtown South Lake Tahoe beginning ...

Las Vegas house prices remain flat in November

The median sales price for an existing single-family home in the Las Vegas area in November was $295,000, according to a report from ...

Wynn scraps lagoon project, will reopen golf course

An early rendering of Wynn Paradise Park.

The Wynn Resorts Paradise Park lagoon project has been shelved and will be replaced by a revamped 18-hole golf course, the company announced today during its third-quarter earnings call. Wynn contracted Tom Fazio, the original designer of the golf course, to ...

Shuttered Lucky Dragon sells at auction for $35 million

The Lucky Dragon resort is seen on Sahara Avenue on Tuesday, Nov. 29, 2016, ahead of its grand opening on Dec. 3, 2016.

The auction of the Lucky Dragon this morning opened and closed with a single bid. Snow Covered Capital, the shuttered casino-resort’s main lender, placed an opening bid of $35 million for the 2-year-old property. No other bids were made by the ...

Rising rates, slowing home sales expected to hurt remodelers

A carpenter frames a home under construction in Henderson in this 2009 file photo.

General contractors and other small businesses in the home remodeling industry can expect revenue to slow in 2019, the result of rising mortgage ...

Amid housing crisis, Reno's motor lodges become last resort

This photograph taken Wednesday, Aug. 29, 2018 in downtown Reno shows one of the weekly motels that increasingly are becoming the last stop before homelessness for hundreds of working families who can't afford to live anyplace else. An economic boom spurred by the arrival of thousands of new employees at Tesla, Google, Apple and other corporate giants has created an unprecedented housing crisis in the area.

Dozens of downtown motor lodges provided spare but comfortable retreats for motorists who took to the nation's new highways to see the bright lights of the self-proclaimed "Biggest Little City in the World" ...

Closed Lucky Dragon resort going up for auction

The Lucky Dragon resort is seen on Sahara Avenue on Tuesday, Nov. 29, 2016, ahead of its grand opening on Dec. 3, 2016.

The shuttered Lucky Dragon hotel-casino near the north end of the Strip is set to be sold to the highest bidder later this month. Built for $160 million in 2016, the property is going up for auction Oct. 30. The ...

Report: Las Vegas home prices reach 2006 level, hit $300K average

This 2016 photo shows a Las Vegas home for sale.

The average sale price of single-family homes in Southern Nevada was an even $300,000 in September, which marks the highest transaction amount since June 2006 when it peaked at $315,000, according to the Greater Las Vegas Association of Realtors. The September mark was an increase of 1.7 percent from ...

Fremont9 luxury apartments make a splash in downtown Las Vegas

A look at Fremont9, the newest downtown residential project on Fremont Street and 9th Street, Tuesday, Sept. 18, 2018.

The Downtown Project’s quest to revitalize downtown Las Vegas has always been hampered by a lack of available housing. Fremont9, a five-story mid-rise, could help change that ...

Q+A: Related CEO bullish on Las Vegas economy, upscale rental projects

Steve Patterson, president and CEO of Related Development, looks on during an interview at the Bellagio hotel-casino in Las Vegas on Tuesday, Sept. 18, 2018.

The Miami-based luxury home rental company plans to have as many as three projects costing an estimated $300 million in the valley by the end of 2019 ...