Las Vegas Real Estate News

Miracle Mile sale points to bull Strip real estate market

The 500,000-square foot Miracle Mile Shops at Planet Hollywood has been sold to Institutional Mall Investors LLC.

The sale of a prominent Las Vegas Strip shopping mall is proof, one local real estate professional said, that the smart money is now ready to bet on resort real estate in Las Vegas. ...

17 October 2016
By Thomas Moore

Las Vegas housing supply shrinks as sales rise and prices stabilize

A real estate sales report from January suggests that the housing market in Las Vegas will maintain a steady course this year on Tuesday, February 9, 2016.

The housing supply in Southern Nevada is shrinking as home sales increase and prices stabilize. The median sales price of existing single-family homes sold during September was ...

7 October 2016
By Las Vegas Sun Staff

Cashing out: Poker notables auctioning Versailles-themed penthouse

A look inside a Versailles-themed penthouse atop the Metropolis luxury lofts building. The penthouse, owned by renowned poker players Barry and Allyn Shulman, is slated for auction by Concierge Auctions on Oct. 18.

Depending on your taste, it’s either almost $8 million of baroque beauty or another example of over-the-top Las Vegas excess. But a three-floor penthouse condo owned by ...

4 October 2016
By Thomas Moore

Report: Hawaii average home prices highest in nation

Palm trees sway in the breeze outside the vacation home where President-elect Barack Obama will stay during his holiday in Hawaii, pictured Sunday, Dec. 14, 2008, in Kailua, Hawaii.

A new report shows Hawaii has the nation's highest average home prices as the cost of housing in the state has soared over the last year ...

13 September 2016
Associated Press

How much is a dilapidated Strip motel worth?

The owners of the White Sands Motel at 3889 Las Vegas Blvd. South are trying to sell the shuttered, decades-old property for $25 million on Saturday, August 13, 2016. .

The faded motel sign on Las Vegas Boulevard invites drivers to pull in, but a quick glance would easily persuade them to keep going. No slot machines, nightclubs, restaurants or even a bed with clean sheets over here. …

22 August 2016
By Eli Segall

Apartment developer talks state of Las Vegas rental market, risk of on-site retail tenants

Rodman Jordan of Centura Development Co. is heading up several apartment projects in Las Vegas, such as one shown Tuesday, Aug. 9, 2016, at Fort Apache Road and Hacienda Avenue.

Las Vegas apartment developers are some of the busiest builders in the valley, opening projects that often charge above-average rents and offer a big menu of amenities. Locally based firms including account for much of the construction, but now a group out of Dallas is ...

10 August 2016
By Eli Segall

Las Vegas-area home purchases sink while prices climb

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

Las Vegas home prices rose last month amid a drop in purchases. The median sales price of single-family homes in Southern Nevada in July was ...

9 August 2016
By Eli Segall

Fitful housing recovery in Las Vegas fuels voter anger

Michael Hutchings, a building developer who has been struggling since the recession to make the payments on the home he built in 2006, on his balcony in Las Vegas, June 4, 2016. Years after bad loans and plunging home values made Las Vegas the center of the crisis, thousands of people across the valley have yet to recover from the cataclysm.

Years after rotten loans and plunging home values made Las Vegas the center of the housing crisis, thousands of people have yet to recover from the ...

3 August 2016
By Jack Healy, New York Times News Service

$22 million Las Vegas penthouse comes with Picasso and Lamborghini

Businessman Phil Maloof is trying to sell his 59th-floor penthouse at the Palms Place tower.

A $22 million penthouse in Las Vegas is pitching the bon vivant starter kit: Buy the condo and they’ll throw in a fast car, fine art and free tickets to sporting events ...

3 August 2016
By Stefanos Chen, The Wall Street Journal

Las Vegas realty group moving to southwest valley

A rendering shows the new offices of the Greater Las Vegas Association of Realtors on South Rainbow Boulevard.

A Las Vegas real estate group is gearing up to build new digs.

28 July 2016
By Eli Segall

On the move: Credit One Bank buys land near Buffalo and Durango for new offices

A view of the Credit One Bank corporate offices at 585 Pilot Road, Tuesday, July 26, 2016. The company plans to build a new facility near the 215 Beltway and South Durango Drive.

A Las Vegas credit-card company that has catered to borrowers with lousy credit is planning to build new offices in the southwest valley. Credit One Bank recently bought 24 acres of land just south of the 215 Beltway between Buffalo and Durango drives. The company has obtained county approvals to ...

28 July 2016
By Eli Segall

Sale prices for new homes edge up in Las Vegas, nearing boom-era record

New homes are shown under construction at Lake Las Vegas on Sunday, April 10, 2016, in Henderson.

Las Vegas homebuilders this year are selling more houses, pulling more permits and booking higher prices than they were in 2015, a new report shows. Buyers picked up 3,422 new homes in Clark County this year through June, up 12.7 percent from the same period last year, according to ...

26 July 2016
By Eli Segall

British Columbia proposes real estate tax on foreign buyers

Foreign nationals buying Vancouver real estate will pay an additional property transfer tax of 15 percent under legislation proposed by ...

25 July 2016
By Jeremy Hainsworth, Associated Press

Sierra Brook Court: Living near a home that neighbors call a squatter magnet

Brenda Flank says she has seen several groups of squatters come and go from the house next door to hers on Sierra Brook Court. She was photographed at her home on Thursday, May 26, 2016.

In the Las Vegas suburbs, near stretches of open desert and the mountain range on the city’s western fringe, Sierra Brook Court is lined with high-end homes, some with clear views of the Strip from their backyards. Brenda Flank has lived ...

22 July 2016
By Eli Segall

Meet Nana I Am, the mystery man behind a bizarre Las Vegas squatter case

Location of a former squatter house at 5464 Sierra Brook Court on Thursday, May 26, 2016.

He sues all the time but never seems to win. He writes his name countless different ways. Accused squatters say he gave them keys to an abandoned, custom-built house, even coaching them on what to tell the police if they came knocking. He's a mysterious figure named ...

21 July 2016
By Eli Segall
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