The builder poised to take over the No. 1 ranking in home sales in Las Vegas by the end of the year has parted ways with its division president.
Published News » Real Estate
Richmond American, local executive sever relationship
Posted by admin 4 hours ago (http://www.lasvegassun.com)Walking away from a mortgage comes with risks
Posted by admin 4 hours ago (http://www.lasvegassun.com)
The news is bad enough that three homeowners out of four in the Las Vegas Valley owe more on their houses than they’re worth. And there’s no comfort in the prediction that the local real estate market won’t recover for years.
Plan for 238 new homes in Mountain's Edge advances
Posted by admin 20 hours ago (http://www.lasvegassun.com)
Despite dropping sales since 2008, developers still are planning new projects in Mountain’s Edge. Lennar Homes received preliminary approval for a 238-unit single-family home community.
20-city index shows Las Vegas alone in home price decline
Posted by admin 3 days ago (http://www.lasvegassun.com)
Las Vegas-area home prices fell again in June as high unemployment and foreclosures continued to dampen the market.
3 indicted in alleged foreclosure rescue scam
Posted by admin 3 days ago (http://www.lasvegassun.com)
Three people were indicted on multiple felony charges Monday for allegedly operating a foreclosure rescue scam in Las Vegas during 2008 and 2009, according to the Attorney General's Office.
One shopping center is in foreclosure, second expands
Posted by admin 7 days ago (http://www.lasvegassun.com)
One shopping center on Las Vegas Boulevard faces foreclosure, while another is moving ahead with expansion during the recession.
Rate of foreclosures declines in Nevada
Posted by admin 7 days ago (http://www.lasvegassun.com)
The delinquency rate for mortgage loans in Nevada fell in the second quarter and the percentage of loans in which foreclosures were started declined as well, according to a report released today by the Mortgage Bankers Association.
Construction dip, unemployment hurt extended-stay motels
Posted by admin 9 days ago (http://www.lasvegassun.com)
The downturn in the construction industry and high unemployment that deter people from moving to Las Vegas have taken a toll on the extended-stay motel business. Occupancy has fallen sharply since the recession began, and room rates have been lowered to lure visitors.
Mortgage rescue scam operator sentenced in Las Vegas
Posted by admin 9 days ago (http://www.lasvegassun.com)
The operator of a mortgage rescue scam run from the Philippines was sentenced Tuesday in Las Vegas and will be required to pay partial restitution to his victims.
Construction industry is no fan of federal stimulus
Posted by admin 14 days ago (http://www.lasvegassun.com)
Don’t list the Las Vegas construction industry as one of the big fans of the $787 billion federal stimulus.
AG announces campaign to fight foreclosure scams
Posted by admin 16 days ago (http://www.lasvegassun.com)
Nevada’s foreclosure pandemic has attracted a slew of scam artists hoping to take advantage of homeowners desperate to avoid losing their homes. In response, officials announced a public awareness campaign to help citizens spot fraud.
Lied Institute panel to study education’s effect on economy
Posted by admin 21 days ago (http://www.lasvegassun.com)
The Lied Institute for Real Estate Studies has selected education and how it relates to the Southern Nevada economy as its topic for its 2010 round-table discussion.
Foreclosures down, but Nevada still ranks No. 1
Posted by admin 22 days ago (http://www.lasvegassun.com)
Nevada kept its No. 1 national ranking for foreclosure filings for the 43rd consecutive month, but the state and Las Vegas are faring better than a year ago, according to report released late Wednesday.
New communities falling short of their master plans
Posted by admin 24 days ago (http://www.lasvegassun.com)
When retiree Peter Bernasconi left New York for Las Vegas, he was drawn to Mountain’s Edge, a master-planned community in the southwest valley that promised a swath of parks and a well-plotted system of roadways.
Home sales, prices fall in Las Vegas in July
Posted by admin 24 days ago (http://www.lasvegassun.com)
The expiration of the federal tax credit to purchase a home has put a damper on the Southern Nevada housing market. The Greater Las Vegas Association of Realtors reported closings of homes in July fell 12 percent from June and were down 21 percent from July 2009.
Analysts disagree on falling house prices
Posted by admin 28 days ago (http://www.lasvegassun.com)
Analysts agree that Las Vegas home prices will keep falling, but disagree on how much.
Zoning board OKs changes to Mountain’s Edge park plans
Posted by admin 29 days ago (http://www.lasvegassun.com)
Construction on a 20-acre park at Mountain’s Edge, a master-planned community in the southwest valley, is set to begin within 90 days following the Clark County zoning board’s approval Wednesday of an amended agreement between the county and the developer.
Q&A: Richard Plaster, owner of Plaster Development
Posted by admin 35 days ago (http://www.lasvegassun.com)
If Richard Plaster would have taken a job offered by homebuilder Ralph Lewis in 1973, his future might have turned out different.
Fewer existing LV homes sell in May, June than in 2009
Posted by admin 35 days ago (http://www.lasvegassun.com)
Sales of existing homes in Las Vegas ended a two-year run of year-to-year increases in May.
Developers submit plans for Mountain's Edge projects
Posted by admin 35 days ago (http://www.lasvegassun.com)
Mountain’s Edge has recently suffered lagging sales during the housing bust that has crippled Las Vegas’ market, but the master-planned community received some rare good news Wednesday when four developers submitted plans for new projects to the Enterprise town board.
Report: Las Vegas existing home prices to continue slide
Posted by admin 35 days ago (http://www.lasvegassun.com)
Las Vegas existing home prices will decline 14 percent by early 2011 and another 4 percent by early 2012, according to a report released today by a Wisconsin research firm.
Las Vegas retains No. 1 ranking in nation for foreclosures
Posted by admin 36 days ago (http://www.lasvegassun.com)
Las Vegas retained its No. 1 national ranking when it comes to foreclosure filings during the first six months of 2010, but the city has shown some improvement compared to the rest of the nation.
Las Vegas golf course to go on auction block
Posted by admin 37 days ago (http://www.lasvegassun.com)
A Las Vegas golf course taken over last summer by the Federal Deposit Insurance Corp. when it seized Community Bank of Nevada will be auctioned off to the highest bidder.
Las Vegas home prices fall again
Posted by admin 37 days ago (http://www.lasvegassun.com)
Las Vegas home prices fell again in May and among big U.S. cities, only Detroit's housing market has performed worse than Las Vegas's during the recession.
Focusing on foreclosures
Posted by admin 39 days ago (http://www.lasvegassun.com)
Across the valley, local governments are using fines and other tactics to pressure owners and lenders to more quickly repair and sell abandoned houses before they become eyesores.
More than 40 percent leave Obama mortgage-aid program
Posted by admin 39 days ago (http://www.lasvegassun.com)
More than 40 percent of homeowners seeking help from the Obama administration's flagship effort to rescue those at risk of foreclosure have dropped out of the program.
Nearly a third of lenders no-shows for foreclosure mediations
Posted by admin 41 days ago (http://www.lasvegassun.com)
Assembly Speaker Barbara Buckley says she’s anxious to see more sanctions imposed by the courts on lenders who boycott the fledgling foreclosure mediation program aimed at saving homes for Nevadans.
Forever 21 is showing its faith in Las Vegas with big store
Posted by admin 42 days ago (http://www.lasvegassun.com)
It’s the type of announcement that makes you do a double take. A retailer with 4,934 square feet of space at Fashion Show mall planned to increase its footprint.
Governments focus on foreclosed homes
Posted by admin 42 days ago (http://www.lasvegassun.com)
Local governments in Southern Nevada are cracking down on owners of vacant homes and are encouraging banks to foreclose on homes more quickly before they fall into disrepair.
Las Vegas apartment rents at lowest rate in 6 years
Posted by admin 43 days ago (http://www.lasvegassun.com)
Apartment rents continued to slide during the second quarter in the Las Vegas Valley to their lowest level in six years, but the occupancy rate at complexes has leveled off, analysts said.
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