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Real Estate Insider

Las Vegas housing recovery continues; hotel sale may be imminent

It wasn’t long ago – less than a decade – that Las Vegas’ housing market was a mass grave of foreclosures. Southern Nevada still gets more repo activity than most areas of the country. But overall, its foreclosure woes aren’t nearly as severe as they used to be.

Pig farm, Loft 5 among top Las Vegas real estate deals of 2016

Las Vegas’ never-boring real estate market didn’t disappoint in 2016. There were plenty of deals, and some were more unusual than others. Here’s my list of the top 10 of 2016.

Australian billionaire Packer again rolls snake eyes in Vegas

Australian billionaire James Packer has invested a fortune in casinos, including in Las Vegas. But when it comes to building a resort in the heart of America’s gambling mecca, Packer’s plans keep fizzling out.

Las Vegas retains title of underwater homes capital

Las Vegas’ housing market got beat up so badly during the recession that not along ago it seemed almost everyone with a mortgage was underwater.

Price per unit for apartment complexes up sharply since 2015 in Las Vegas

Landlords are writing hefty checks for rental properties, paying prices that sellers probably only dreamed of a few years ago. Overall in Southern Nevada, investors paid an average of $110,111 per unit for apartment complexes this year by the third quarter, up 53 percent from 2015, according to brokerage firm Colliers International.

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