Las Vegas Real Estate News

A gated community in Las Vegas for a home on wheels

A mini golf course, swimming pool and pickle ball courts at the clubhouse of Las Vegas Motorcoach Resort in Las Vegas, May 17, 2018. With motor coach sales rising, many owners find comfort in exclusive enclaves.

Margie and John Stites were picking out tile, carpet and hardware finishes for a new 3,000-square-foot home here three years ago when Margie Stites came to a startling realization. “We’d already put a $17,000 deposit down, but I didn’t want to have another house again,” said Stites, a 56-year-old freelance writer. “I cried for three days, it was ...

Expanding master-planned community in northwest valley draws crowds of potential homebuyers

Potential homebuyers explore the Skye Canyon master-planned community in the northwest valley.

On Saturday, nearly 1,000 people braved the blistering summer heat to attend the First Look Event for Phase 2 of the Skye Canyon master-planned community in the far northwest valley ...

US home sales fell 0.4 percent in May amid inventory crunch

U.S. existing home sales slipped 0.4 percent in May, as the prolonged shortage of properties on the market is deterring ...

Las Vegas home prices could reach new peak 'sometime later this year'

May prices for existing homes sold in Southern Nevada are approaching record levels set in 2006.

"We don’t buy into some recent reports suggesting that homes here are somehow overvalued.”

US home sales fell 2.5 percent in April

U.S. sales of existing homes tumbled 2.5 percent in April — with the costs of buying a home jumping and would-be buyers facing a ...

Historic Reno neighborhood tops preservation list

This May 15, 2018 photo shows some of the historic homes in a neighborhood dating to the late 19th century on the edge of the UNR campus. The historic preservation group, Preserve Nevada, has listed the UNR Gateway District as the most endangered historic place in the state.

A 19th century neighborhood on the edge of the UNR campus tops a historic preservation group's new list of Nevada's 11 most ...

Why don't people who can't afford housing just move where it's cheaper?

Mya Mack finds out that she didn’t win a lottery for a new 95-unit affordable housing development in San Francisco, Nov. 14, 2017. Mack, who works as a phlebotomist, has applied to every housing opportunity she could find and cited her daughter as reason why she hasn’t left San Francisco for somewhere cheaper to live.

Many San Francisco renters I met while reporting an article on affordable housing lotteries had responded to the region’s housing crisis by putting up with great discomfort: They crammed in with family; they split apartments with strangers. Some even lived out of their cars. Why, lots of readers wanted to know, didn’t they simply move away instead? Many have. High-cost California has ...

Campaign to preserve Paradise Palms neighborhood enters second phase

The home that was used in the movie "Casino" is seen during a mid-century modern bus tour of homes in the Paradise Palms neighborhood of Las Vegas on Sunday, October 28, 2012.-

The Nevada Preservation Foundation has launched the second phase of a campaign to obtain national historic neighborhood status for the Paradise Palms neighborhood in central Las Vegas, with the new phase focusing on a portion of the area that was home to some of the most famous and infamous figures from the city’s past. After achieving the ...

Council to revisit possible Badlands development

A look at the old Badlands Golf Club, which sits in a natural ravine, surrounded by the Queensridge master-planned community, Monday Feb 19, 2018.

The council is set to consider an amendment to the general plan designating the area for open space and recreation, pared-down plans to put housing on the land, and the first phase of a ...

Las Vegas home prices up 16 percent from last year

This February 2016 photo shows a house for sale in the Las Vegas Valley.

The average sales price for a single-family home in the Las Vegas area in April was $289,000, which is an increase of 3.2 percent from March and ...

Anonymous Owner, LLC: Why it has become so easy to hide in the housing market

 Downtown Memphis, Tenn., March 9, 2018. Parcel surveys of Memphis have revealed that a majority of the most blighted properties belong to LLCs. Many have effectively gone out of business without selling the homes, leaving their ownership in limbo.

LLCs shield property owners from personal liability while obscuring their identities. In some cases, so much anonymity also enables money laundering, and it can mean that tenants struggle to hold landlords accountable, that cities fail to fix blight ...

Developer confident that luxury apartments will make splash in Chinatown

A look at the new luxury apartments Lotus, on Spring Mountain Road and Valley View Boulevard, Wednesday, April 25, 2018.

Big change could be coming to this oft-overlooked area. With this luxury property aimed at young professionals, Fore Property Co. is betting on Chinatown as the ...

Road to homeownership gets rockier this spring as rates rise

This February 2016 photo shows a house for sale in the Las Vegas Valley.

In metro areas such as Denver, buyers are rushing to close a deal before mortgage rates get too high. In Dallas, some are embracing longer commutes to find homes they can afford. And in places such as Los Angeles, where the ...

Zillow is getting into the home-flipping business

Most people simply list their home and wait for the best offer. But Zillow is hoping people who don’t want to go through the ...

Las Vegas housing supply remains tight; average sales price again increases

This 2016 photo shows a Las Vegas home for sale.

The average price for an existing single-family home sold in Las Vegas last month was $280,000, according to the Greater Las Vegas Association of Realtors. Home prices increased 1.8 percent from February and 15.7 percent from March 2017. Also, the average sale price of townhouses and condos was $160,000, or a spike of 30.1 percent from the same time last year. The total number of existing local homes, condos and townhouses sold during ...