The trend of more sales and lower prices in the Las Vegas housing market showed no signs of change last month. The Greater Las Vegas Association of Realtors said 2,783 single-family homes were sold by a Realtor in September. That’s an increase of more than 9 percent from a month earlier and up 181 percent from [...] [...more]
New numbers released show a huge jump in the number of homes sold in Las Vegas. The Greater Las Vegas Association of Realtors says the number of homes sold jumped 181-percent in September, compared to the same time last year. The association indicates that home sales were high due to lower selling prices. The median price of [...] [...more]
Home prices in 20 major U.S. cities fell 0.9% in July and were down 16.3% in the past year, according to the Case-Shiller home price index released Tuesday by Standard & Poor’s. In the smaller sample of 10 cities, prices fell 1.1% in July and 17.5% in the past year. Prices fell in 13 cities [...] [...more]
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]
Thousands of valley homes are sitting vacant because of foreclosures. Las Vegas city leaders are taking notice of the problem and its impact on neighborhoods. A meeting on the foreclosure crisis got underway at 5:30 p.m. at the Centennial Hills Community Center near Buffalo and Deer Springs. While foreclosures are hurting many valley residents and neighborhoods, [...] [...more]
