Las Vegas Real Estate News

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 ...

20 May 2018
By Scott Sonner, Associated Press

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 ...

17 May 2018
By Emily Badger, New York Times News Service

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 ...

16 May 2018
By Sun Staff

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 ...

14 May 2018
By Yvonne Gonzalez

Las Vegas home prices up 16 percent from last year

This February 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 ...

8 May 2018
By Ray Brewer

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 ...

2 May 2018
By Emily Badger, New York Times News Service

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 ...

30 April 2018
By C. Moon Reed

Road to homeownership gets rockier this spring as rates rise

This February 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 ...

18 April 2018
By Alex Viega, Associated Press

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 ...

16 April 2018
By Mike Rosenberg, The Seattle Times (TNS)

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 ...

6 April 2018
By Ray Brewer

County to request millions in federal housing funds

The Community Development Advisory Committee today recommended six projects for a requested total of more than $6.6 million in state and federal funding ...

3 April 2018
By Yvonne Gonzalez

Commercial real estate attorney: Without litigators, negotiations are vulnerable

Mark Goldstein is of counsel at Bailey Kennedy Attorneys at Law

The of counsel for commercial real estate at Bailey Kennedy talks about the influx of large, national companies in Clark County and ways tenants can maximize the value of their rental agreements.

2 April 2018
By Rebecca Clifford-Cruz

Photos: A look inside Jerry Lewis' Scotch 80s house for sale in Las Vegas

A look at one of the bedrooms in Jerry Lewis' home located in the Scotch 80s neighborhood, which was listed this week for $1.4 million. Lewis, who died in August 2017, lived at the property for 30 years, according to the listing.

The 7,325-square-foot house near Interstate 15 and Charleston Boulevard was listed this week for $1.4 million. Lewis, who died in August, lived at the property for 30 years, according to the listing ...

30 March 2018
By Ray Brewer

What to expect from the housing market this spring

A for-sale sign is shown in a development near Buffalo Drive in the southern Las Vegas Valley on Thursday, Dec. 21, 2017.

This spring’s home sales season is shaping up to be the most interesting one in years. The housing market will depend on which opposing force proves more powerful ...

29 March 2018
By Neil Irwin, New York Times News Service

Hashtag open house: Real estate industry rethinking how it markets luxury housing

Guests sample marijuana vape pens from Bloom, a sponsor, at a home on the market in Los Angeles, Feb. 15, 2018. Developers and real estate agents are experimenting with social media influence partnerships to sell properties.

We’ve grown accustomed to seeing all sorts of products promoted with sponsored Instagram posts or on Snapchat stories, but, so far, homes are rarely marketed this way. Some developers and real estate agents are trying to change that ...

27 March 2018
By Candace Jackson, New York Times News Service
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