Sales in the Las Vegas new-home market tumbled in July in a sign the expiration of a federal tax credit could hamper the industry the rest of the year.
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Sales of new homes slide, homebuilder confidence shaken
Posted by admin 23 days ago (http://www.lasvegassun.com)Economist: Las Vegas home prices to go up slightly in ’11
Posted by admin 34 days ago (http://www.lasvegassun.com)
An economist says Las Vegas could see healthy home-price appreciation in the next five years.
Timing is everything but now is not the time
Posted by admin 38 days ago (http://www.lasvegashomesmlssearch.com)
This is a very difficult time to sell a home. With all the Bank Foreclosures and Short Sales going on, It’s a fantastic time to buy but if you need to sell your home, you will need all the help you can get. The saying “ timing is everything”, could not be more appropriate than [...]
Eleven things you should know about Las Vegas Homes.
Posted by admin 51 days ago (http://www.lasvegashomesmlssearch.com)
The “Baby Boomers” are starting to retire and Las Vegas is one of their picks. Las Vegas also has the highest foreclosure rates in the nation and it’s a Buyer’s Market to say the least. If you are new to the area, you really need to do your homework. The Las Vegas Valley is very [...]
Bank Owned or a Short Sale, What’s the difference?
Posted by admin 62 days ago (http://www.lasvegashomesmlssearch.com)
A Short Sale means that the home has not gone into foreclosure but the bank that holds the note on the property is willing to take less than what is owed. The owner of the property has a limited amount of time to sell the home or Short Sale it before the bank would [...]
Las Vegas leads the nation in bank owned foreclosures and for good reason. For many years, Las Vegas has been the fastest growing city in the nation. Investors have been buying homes here for years and when the economy went into the cellar, many walked away from homes that are now worth about half of [...]
Free list of Las Vegas Foreclosures
Posted by admin 85 days ago (http://www.lasvegashomesmlssearch.com)
If you are interested in taking advantage of one of the many true bargains in the Las Vegas real estate market, the time is now. June has always been one of the busiest months in Real Estate for the Las Vegas area and when you combine this with the current economy, it’s the perfect time [...]
It’s a gut feeling: Las Vegas office market is recovering
Posted by admin 90 days ago (http://www.lasvegassun.com)
None of the figures shows the Las Vegas office market is headed toward any recovery — but that hasn’t stopped commercial brokers from showing some optimism when they see any increase in activity.
Building boom in Las Vegas? Not so
Posted by admin 100 days ago (http://www.lasvegassun.com)
A New York Times story notwithstanding, Las Vegas is not in the midst of a new-home building boom. The story in the Times raised eyebrows for reporting that building was booming in a city of empty houses.
Coldwell Banker program is similar to federal tax credit
Posted by admin 132 days ago (http://www.lasvegassun.com)
A federal homebuyer tax credit is set to expire June 30, but a Las Vegas real estate brokerage is participating in a program designed to mimic its effect.
Las Vegas posts nation's highest metropolitan foreclosure rate
Posted by admin 133 days ago (http://www.lasvegassun.com)
Las Vegas continued to post the nation’s highest metropolitan foreclosure rate during the first quarter. California-based RealtyTrac said one in 28 housing units received a foreclosure filing in the first quarter, nearly five times the national average.
Industrial market plagued with rising vacancies
Posted by admin 145 days ago (http://www.lasvegassun.com)
The economic downturn that has shuttered businesses has taken a toll on the Las Vegas industrial market.
Developer Juliet remains in building mode
Posted by admin 146 days ago (http://www.lasvegassun.com)
In an environment when most developers are on the sidelines in a market saturated with retail, Juliet Cos. is moving forward, albeit cautiously.
Mandarin Oriental at CityCenter unveils model condominiums
Posted by admin 146 days ago (http://www.lasvegassun.com)
More than four months after debuting its Las Vegas hotel, Mandarin Oriental at CityCenter unveiled its model condos Wednesday in an effort to grab more luxury buyers.
Las Vegas apartment market still in grip of recession
Posted by admin 177 days ago (http://www.lasvegassun.com)
Nevada is not only at the top of the list in home foreclosures. The state also leads the nation in the percentage of delinquent loans for apartment complexes. Nearly one in four loans for multifamily residences that rely on commercial mortgage-backed securities are in arrears, according to Fitch Ratings.
Apartment owners face tough circumstances
Posted by admin 181 days ago (http://www.lasvegassun.com)
Nevada is not only at the top of the list when it comes to home foreclosures — the state leads the nation in the percentage of delinquent loans for apartment complexes.
Sales of existing Las Vegas homes at highest level since 2005
Posted by admin 198 days ago (http://www.lasvegassun.com)
Sales of existing homes sold in Las Vegas in January reached their highest level since October 2005 as the number of foreclosure sales continues to wane, according to statistics released this morning by SalesTraq.
Banks limited in recovering losses
Posted by admin 202 days ago (http://www.lasvegassun.com)
Believe it or not, some Nevada homeowners are finding themselves in a better position than many who have lost homes to foreclosure across the country.
Union helping open doors to homeownership in Las Vegas
Posted by admin 220 days ago (http://www.lasvegassun.com)
Three years ago, as the Culinary Union sat down with Las Vegas casino companies for a new round of contract talks, labor leaders sought to preserve the city’s identity as a worker’s paradise, the place where a housekeeper owns a home.
Economists have a dimmer view of local housing market
Posted by admin 223 days ago (http://www.lasvegassun.com)
Leave it to economists and housing analysts outside the Las Vegas market to put a damper on predictions that the valley’s market will be stable in 2010.
Michael Jackson's former Las Vegas home fetches $3.1 million
Posted by admin 225 days ago (http://www.lasvegassun.com)
A 16,400-square-foot home where Michael Jackson resided in 2008 has sold for $3.1 million. Jackson rented the home at 2785 S. Monte Cristo, which is southeast of the intersection of Buffalo Drive and Sahara Avenue. The home was ultimately taken back by the lender, Eastern Savings Bank, in lieu of it going through foreclosure with the previous owner, said Carolyn Mullany, a Realtor with Coldwell B
Program helps woman realize dream of home ownership
Posted by admin 243 days ago (http://www.lasvegassun.com)
Emma Hurtado added two new keys to her key chain Friday — one to her newly purchased house and one to the city of Henderson.“It’s a dream come true,” she said while holding the golden key to the city and looking at her new home on Jackson Drive.
Condo woes link LV, Miami
Posted by admin 244 days ago (http://www.lasvegassun.com)
Simply blame it on Miami. That was the essence of a Miami Herald article last week comparing the overbuilt South Florida and Las Vegas condominium markets and trying to ascertain which will recover first.
Las Vegas firms learning from recession
Posted by admin 251 days ago (http://www.lasvegassun.com)
Having endured the brutal economic downturn of 2009, Las Vegas businesses have learned a thing or two from the continuing recession.
Median price of new homes falls under $200,000
Posted by admin 261 days ago (http://www.lasvegassun.com)
The median price of new homes sold in November dropped under $200,000 for the first time in six years and builders sold the highest number this year, according to statistics released today.
Lenders get an order: Ramp up the rescues
Posted by admin 263 days ago (http://www.lasvegassun.com)
The Obama administration is publicly pressing banks to modify more mortgages after a Treasury Department report showed dismal results in a federally funded foreclosure prevention program — including only 16,000 mortgages being reworked in Southern Nevada.
Banks pressured to be more helpful
Posted by admin 278 days ago (http://www.lasvegassun.com)
Throughout the foreclosure crisis, lawmakers and the administration have raised concerns that lenders are not doing enough to help families keep their homes and that the federal government is limited in its ability to press them to do more.
Home prices cut in half in 12 valley ZIP codes over year
Posted by admin 280 days ago (http://www.lasvegassun.com)
Twelve Las Vegas Valley ZIP codes reported more than a 50 percent drop in prices in the sale of all homes during the third quarter, according to a real estate information firm.
Real estate experts cautiously optimistic about market
Posted by admin 286 days ago (http://www.lasvegassun.com)
Several real estate, financing and gaming executives recently gave a sober assessment of Las Vegas’ economy, but they are optimistic about the future.
Mediation is reducing foreclosures
Posted by admin 293 days ago (http://www.lasvegassun.com)
Nevada’s new foreclosure mediation program is paying dividends already.
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