WASHINGTON — U.S. home prices rose sharply in November, lifted by a shortage of homes on the market, with Las Vegas prices climbing at one of the fastest rates nationally. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index increased 6.2 percent in November from a year earlier after climbing …
Las Vegas home values have more than doubled since hitting bottom, but they still have a longer climb back to the top than in other cities, a new report shows. The estimated median home value in the Las Vegas area is $246,700. That’s more than double the market’s low point, $115,700 in fall 2011, but …
Las Vegas home values have more than doubled since 2011Read More »
Las Vegas homebuilders notched a big jump in sales last year and ended 2017 with another all-time high in prices. Builders closed 9,401 new-home sales in Clark County last year, up 16.2 percent from 2016, according to a new report from Las Vegas-based Home Builders Research. It was the highest annual tally in almost a …
The once-abandoned Desert Mesa project in North Las Vegas was, by all accounts, a scary place. Workers boarded up the homes, vandals sprayed graffiti and kicked through walls, and squatters moved in. Mayor John Lee said that Desert Mesa was a “scary place to see in the middle of a neighborhood.” “It was an open …
KB Home developing subdivision in once-blighted North Las Vegas areaRead More »
Last year was among the best ever for Las Vegas home sales despite plunging inventory, according to a new report. A total of 46,598 homes sold in 2017, up 11.7 percent from 2016, making last year’s tally the third-highest on record, according to the Greater Las Vegas Association of Realtors. Prices ended 2017 with a …
Las Vegas home sales third-highest on record in 2017Read More »
Five Las Vegas Valley communities cracked the top 50 nationally for new-home sales last year, new reports show. Leading the pack locally was Summerlin, where builders sold 1,052 homes, up 37 percent from 2016, according to separate reports this week from two firms, RCLCO and John Burns Real Estate Consulting. Summerlin’s sales tally was fourth-highest …
5 Las Vegas communities among top 50 in US for new-home salesRead More »
WASHINGTON — Double-digit annualized home prices gains in Seattle and Las Vegas led broad gains in U.S. home prices in a widely watched report released early Tuesday. Strong demand from would-be buyers and a shrinking supply of properties for sale helped fuel the increase. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national …
Home price gains in Seattle, Las Vegas lead US increasesRead More »
Las Vegas builders keep selling more houses and fetching higher prices compared to last year, and the strong demand should make a “smooth transition” into 2018, says a new report. Builders closed 871 new-home sales in Clark County in November, putting the year’s total at 8,256. That’s up 14.3 percent from the same 11-month period …
Las Vegas builders continue to see strong home salesRead More »
Las Vegas home prices are rising at one of the fastest rates nationally, bolstered by strong demand and shrinking inventory. So, you may wonder, are we closing in on the peak prices from the bubble years yet? Not even close, as a new report shows. The report, by Nationwide Mutual Insurance Co. economists, and using …
Las Vegas house prices far below peak levels, says reportRead More »
