Las Vegas Real Estate News

Las Vegas is the best (and worst) place for first-time homebuyers

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

It was the best of times, it was the worst of times — to buy a first home in Las Vegas, that is. Depending on which expert ranking you ...

20 March 2019
By Bryan Horwath

Prime real estate on Laughlin’s casino row up for auction

The Laughlin skyline is seen at sunset during the 35th annual Laughlin River Run motorcycle rally Friday, April 28, 2017, in Laughlin.

One of the last undeveloped parcels along Laughlin’s casino row on the Colorado River is going up for auction, with a minimum bid of $9 million, representatives for the seller said. A sealed-bid ...

13 March 2019
By Bryan Horwath

Surging area home prices dip as housing supply expands

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

While Southern Nevada home prices pulled back in February, the median sale price for an existing home was still up nearly 8 percent year-over-year ...

6 March 2019
By Bryan Horwath

Bizarre underground bomb shelter mansion listed in Las Vegas for $18 million

Built in the 1970s, this mysterious underground house at 3970 Spencer St., photographed on Thursday, Aug. 22, 2013, can house a family for as long as one year without having to resurface.

The famous Las Vegas underground house has been making news for years as one of the most bizarre properties in the world. Located two miles east of the center of the Las Vegas Strip, this outrageous 14,620-square-foot concrete and steel doomsday bunker was created to survive a nuclear war. The bomb shelter home includes a yard with ...

26 February 2019
By Jim Dobson, Forbes

How much did the home prices in your ZIP code rise last year? Find out here

This map from real estate analysis firm SalesTraq shows the appreciation of home prices in the Las Vegas Valley in 2018 over 2017.

A new analysis of the Las Vegas housing market shows that home values rose throughout the valley during 2018, with the median price of new homes rising 9.8 percent and ...

22 February 2019
By Las Vegas Sun Staff

LVCVA plans to sell 10 acres on Strip worth up to $300 million

Las Vegas Convention Center expansion rendering.

A piece of real estate fronting the Strip is expected to go on the market soon. The Las Vegas Convention and Visitors Authority plans to sell a 10-acre parcel where the Riviera once stood, authority CEO Steve Hill said. “We will be looking to sell that front 10 or so acres,” Hill said while speaking at a breakfast meeting of ...

21 February 2019
By Bryan Horwath

No easing of condo short-term rental rules in Las Vegas

The Ogden condominium building in downtown Las Vegas.

The Las Vegas City Council today struck down a proposal to allow more short-term rentals in multifamily complexes. Sponsored by Councilman Bob Coffin, the ...

20 February 2019
By Miranda Willson

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 ...

25 January 2019
By Las Vegas Sun Staff

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 ...

25 January 2019
By David Montero, Los Angeles Times (TNS)

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 ...

24 January 2019
By Ric Anderson

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 ...

16 January 2019
By Las Vegas Sun Staff

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 ...

10 January 2019
By C. Moon Reed

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 ...

6 December 2018
Associated Press

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 ...

6 December 2018
By Ray Brewer

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 ...

7 November 2018
By Mick Akers
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