No metropolitan area has seen prices fall as much in the past year as in Las Vegas. That’s the latest, according to the S&P/Case-Shiller U.S. National Home Price Index, which looks at 20 cities across the country. Las Vegas recorded a 28.6 percent decline in the past year, according to most recent survey. That barely surpasses Miami, [...] [...more]
Sales of existing houses rose last month, surpassing expectations, as buyers snapped up deeply discounted properties in parts of the country hit hardest by the housing bust. However, the number of unsold properties hit an all-time high, the latest indication that the worst housing slump in decades is far from over. Prices nationwide are not predicted [...] [...more]
National U.S. home prices fell a record 15.4% in the second quarter compared with last year, according to a report released Tuesday. The latest S&P/Case-Shiller national home price index is down 18.2% from its peak in the second quarter of 2006, and there are no signs that the pace of home-price declines is easing. The second-quarter [...] [...more]
Sales of existing homes rose in July, surpassing expectations, as buyers snapped up deeply discounted properties in parts of the country hit hardest by the housing bust. However, the number of unsold properties reached an all-time high, the latest indication that the worst housing slump in decades is far from over. The National Association of Realtors reported [...] [...more]
Lennar Las Vegas will be reopening 17 models in eight neighborhood across the Las Vegas Valley with homes to include more features and upgrades. Lennar’s new Welcome Home Centers will be open today and Sunday to showcase the changes in their new models with pricing improvements. Visitors will be eligible to receive additional special financing as part [...] [...more]
