Las Vegas Real Estate News

Call center to fill anchor space at Boulevard mall

An exterior view of the Boulevard Mall Sunday, Dec. 11, 2016.

The Boulevard mall has a new tenant, but it won’t be a place to grab the latest fashions. Mall owner Sansone Companies has entered into a lease agreement with TeleTech Services, whose state-of-the-art call center facility. will occupy a 50,000-square-foot section of the mall. The call center will be TeleTech’s first facility in Nevada and will provide technical assistance and other services for ...

Southern Nevada home prices continue to rise in February

A look at model homes for sale at the Toll Brothers' first Active Adult Community called Regency at Summerlin on March 3, 2016

Despite an increasingly tight housing supply, the number of Southern Nevada home sales continued to rise in February, the Greater Las Vegas Association of Realtors reported Tuesday. The total number of existing local homes, condos and townhomes sold in February was 2,815, up from 2,676 in February 2016. Compared to one year ago, sales were up 6.5 percent for ...

Home prices, sales continue to rise in February

A look at model homes for sale at the Toll Brothers' first Active Adult Community called Regency at Summerlin on March 3, 2016

Despite an increasingly tight housing supply, the number of Southern Nevada home sales continued to rise in February, the Greater Las Vegas Association of Realtors reported Tuesday. ...

As squatting problem grows in Las Vegas, lawmaker offers solution

Police officers peek into a vacant North Las Vegas home that had been occupied by squatters, Wednesday, May 18, 2016. A new legislative measure aims to help authorities combat squatters.

For authorities, removing squatters isn’t as easy as telling them to get out. In many cases, people living in homes without authorization present officers with fake leases that ...

Las Vegas' shortage of affordable housing is worst in the country, study finds

Carpenters work on an affordable housing complex being built by Nevada HAND on Boulder Highway, Monday, Jan. 23, 2017. Nevada HAND is a real estate development company that focuses on affordable housing projects.

Las Vegas topped the list of large metropolitan areas with the lowest availability of available rental homes for extremely low income households. The study also found that 86 percent of extremely low income households in Las Vegas are severely cost burdened ...

Will your property taxes be raised? How 2005 cap works and how it could be changed

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

Homeowners may not think about property taxes often, but Nevada’s county and city government officials do. During this year’s Legislature, they’re busy asking state lawmakers to change the property tax abatement, or the cap, that limits how much larger your property tax bill can grow from one year to the next ...

A Las Vegas home with three elevators and views of the Strip

From the basketball court with his-and-her bathrooms to the 360-degree views from the glass-walled office, this Las Vegas house is the stuff of fantasy. “It looks like fiction,” said broker Ivan Sher. “It doesn’t ...

Americans buy existing homes at fastest pace in a decade

This Tuesday, May 24, 2016, file photo shows a home for sale in Andover, Mass. On Tuesday, Nov. 22, 2016, the National Association of Realtors reports on October sales of existing homes.

Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007 ...

Southern Nevada sees increase in rental rates

Construction continues on apartments near Stephanie Street and Interstate 215 in Henderson this month.

As it becomes more expensive to buy a house in Southern Nevada in early 2017, home and apartment rental rates creep upward as well. RentRange’s final quarterly report for 2016 showed that the average monthly rent for a three-bedroom home in the Las Vegas area bumped up to ...

The battle to build near Red Rock Canyon is coming to a head — again

Since 2002, developers have tried to persuade Clark County to change the zoning on an old gypsum mine site about 5 miles from the Red Rock Canyon National Conservation Area, in the interest of building a higher-density residential project there.

A few miles from the Red Rock Canyon Visitor Center, a piece of land has long been tugged between development and conservation. The smoldering conflict is reaching another crescendo, with the Clark County Zoning Commission about to vote on a revised concept plan for a residential project that activists hope ...

Popping the housing bubbles in the American mind

This Tuesday, May 24, 2016, file photo shows a home for sale in Andover, Mass. On Tuesday, Nov. 22, 2016, the National Association of Realtors reports on October sales of existing homes.

The virtues of homeownership are so ingrained in the American psyche that we often forget that housing is also a source of economic stress. Rising milk prices are regarded as a household tragedy for some, and spiking gas prices stoke national outrage. But whenever home prices go up, it’s “a recovery,” even though that recovery also means millions of people can no longer afford to buy. ...

Las Vegas area sees rare January uptick for home prices

The median price of existing single-family Southern Nevada homes sold in January increased to $238,000, up 1.3 percent from December and up 8.7 percent from $219,000 in January 2016

The median price of existing single-family homes sold in January through GLVAR’s Multiple Listing Service (MLS) increased to $238,000. That was up 1.3 percent from December and up 8.7 percent from $219,000 in January 2016.

Don’t build near Red Rock

I run a small business buying and selling bikes and frequently ride my bike, hike and run in Red Rock Canyon with my wife and kids ...

iBorrow provides loan in Sahara Avenue office sale

A Los Angeles-based private direct lender for commercial real estate, iBorrow, recently provided a $1.7 million loan to a private group to acquire the Milan Business Center on Sahara Avenue. ...

Roberta Ross sells Reno's Ross Manor after 30-year legacy

Roberta Ross sold the Ross Manor, also known as Ross Apartments, which has been in the Ross family since the 1970s. Roberta Ross has run it since 1985, and on Dec. 22, 2016, she sold the property to Ed Ceran and 21 other people under a tenants in common agreement.

On Dec. 22, Roberta Ross sold a big piece of her life. For 31 years, Ross worked at and then later owned one of the oldest apartment buildings in downtown Reno, the iconic Ross Manor at West and First streets ...