Las Vegas Real Estate News

Is the Southern Nevada housing market poised for a rural rebound?

A home is shown for sale in the Valley Heights by Elation Homes subdivision Wednesday, May 4, 2016, in Moapa Valley.

When Ted Price was looking to buy Valley Heights, a failed subdivision in Logandale with streets and utilities but few houses, he noticed a few things about this rural town. There was no graffiti or litter, and locals seemed to be involved in the community. And as it turned out, he was probably ...

27 May 2016
By Eli Segall

Why L.V.’s biggest industrial real estate developer is feeling confident

A rendering for a 240,000-square-foot expansion project in Henderson, NV by Harsch Investment Properties.

Real estate magnate Jordan Schnitzer is one of the biggest landlords in Las Vegas, with millions of square feet of warehouses under his control. With the market heating up ...

24 May 2016
By Eli Segall

Las Vegas ‘zombie’ foreclosures remain grave concern despite dip

The entryway to a foreclosed home is shown in a neighborhood near Tenaya Way and Russell Road Thursday, June 25, 2015.

Las Vegas’ share of “zombie” foreclosures has dropped from a year ago but still is larger than in most metro areas. Some 6.8 percent of Las Vegas-area homes in ...

18 May 2016
By Eli Segall

Senior surge: Why age qualified developments are making a comeback in Las Vegas

Construction continues on the Toll Brothers' first Active Adult Community called Regency at Summerlin on March 3, 2016

Senior housing developments are making a comeback in Las Vegas. But this time around, though, don’t look for the type of senior development that was built for ...

17 May 2016
By Eli Segall

Is apartment sector in Las Vegas heating up too quickly?

A view of Parkway Townhomes, formerly Camden Summit Apartments, 2675 Windmill Parkway, on Tuesday, April 26, 2016, in Henderson. On Tuesday, Camden Property Trust announced the sale of 15 properties, a retail center and undeveloped land in the Las Vegas Valley.

Amid a national apartment boom, Southern Nevada’s multifamily market has bounced back from the recession faster than other segments of the real estate industry. Property pros …

16 May 2016
By Eli Segall

Mortgages issued to Las Vegas home buyers trail national numbers

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

Lenders issued a bump in mortgages to U.S. homebuyers in recent months compared to last year, but such financing ...

11 May 2016
By Eli Segall

Curb appeal: This plywood alternative might better deter vacant-home break-ins

Safeguard Properties demonstrates the SecureView window product to Las Vegas police and firefighters Thursday, May 5, 2016, at a former squatter house along Shiloah Drive.

Las Vegas boards up about 100 homes per year, and about 10 to 20 percent of them are “constantly” broken into. Now, in an effort to prevent this sort of magnet for criminal activity, City Hall is testing whether boarding windows with an alternative to plywood will prevent ...

6 May 2016
By Eli Segall

Las Vegas home market finds an even keel

A house is shown for sale Tuesday, Feb. 9, 2016, in Las Vegas.

Las Vegas house prices stayed largely flat again last month, a new report shows, in yet another sign of the market’s ongoing cool-down ...

5 May 2016
By Eli Segall

15 apartment complexes sold for $600 million might set precedent in Las Vegas

A view of Parkway Townhomes, formerly Camden Summit Apartments, 2675 Windmill Parkway, on Tuesday, April 26, 2016, in Henderson. On Tuesday, Camden Property Trust announced the sale of 15 properties, a retail center and undeveloped land in the Las Vegas Valley.

A Houston real estate giant has sold more than a dozen Las Vegas Valley apartment complexes, in what’s said to be the largest, local apartment deal in memory. Camden Property Trust announced Tuesday that it sold 15 apartment complexes, a retail center and about 19.6 acres of undeveloped land for $630 million combined. The company did not name the buyers. But people with knowledge of the deal said ...

27 April 2016
By Eli Segall

Land investors gobble up 800 acres in BLM auction

After passing on hundreds of acres at government auctions last year, Las Vegas land investors scooped up almost everything offered Tuesday and paid above the asking price ...

26 April 2016
By Eli Segall

Freeway views are hot: Homeowners cozy up to urban eyesores

In this Thursday, March 17, 2016, photo, Robert Leviton stands on the balcony of his townhouse in Pasadena, Calif. The traffic on the stretch of highway, background, that runs alongside his complex creates a persistent din and is visible from any of his townhome’s north-facing windows. Leviton knew it would be like this when he bought the two-bedroom unit for $666,000 last summer.

Robert Leviton's loudest neighbor is a 12-lane freeway. The busy stretch of highway that runs alongside his townhouse complex ...

23 April 2016
By Alex Veiga, Associated Press

BLM puts 800 acres of land up for auction

The federal government is offering more than 800 acres of Las Vegas Valley land to the highest bidders next week. But if last year’s auctions are any indication, buyers might ...

22 April 2016
By Eli Segall

Las Vegas homeowners seeing big profits on sales

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

Las Vegas homeowners are booking the highest profit margins in years when selling their property, but amid flat prices, those gains have largely leveled off, a new report shows. Owners who sold ...

20 April 2016
By Eli Segall

Shares of MGM real estate subsidiary up 4.8 percent on first day of trading

MGM Growth Properties CEO James Stewart, third from right, rings the New York Stock Exchange opening bell to celebrate his company's IPO, Wednesday, April 20, 2016. He is joined by company CFO Andy Chien, right, and New York Stock Exchange President Tom Farley, second from right, for the first IPO of the year at the exchange.

Shares of MGM Resorts International’s new real estate subsidiary were up 4.8 percent today at the close of their first day of public trading on the New York Stock Exchange. The Las Vegas-based casino operator announced ...

20 April 2016
By J.D. Morris

MGM’s new real estate subsidiary prices IPO at high end of expectations

MGM Resorts International said today that the initial public offering of its new real estate subsidiary has been priced at $21 per share, raising gross proceeds of ...

19 April 2016
By J.D. Morris
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