Housing
Although Clark County is still mired in a recession and the real estate market is in a deep funk, more than 280,000 homeowners could see their tax bills go up this year.
Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006.
Problems determining who holds the actual mortgage note and enforcement of regulations are two reasons that loan modification and foreclosure mediation programs aren’t saving people from losing their homes, according to participants at a Tuesday forum sponsored by the Lied Institute.
The long-failing North Las Vegas Housing Authority is ready for its tombstone. The public housing agency, infamous in recent years for its poor management and misuse of federal funds meant to help the city’s neediest residents, is officially no more. In December it folded into the much larger Southern Nevada Regional Housing Authority, a year later than officials originally hoped.
Ennis Jordan, 63, a semiretired business owner who worked mostly in the construction materials trade, owns 15 acres on Mount Charleston. Here, at Bristlecone Heights, Jordan has built what he confidently believes to be, at 9,125 feet, the highest dwelling in Nevada.
New regulations regarding energy consumption audits probably will add to paperwork that comes with buying a house, rather than bring business to companies specializing in performing those audits, Realtors believe. The energy audit typically costs $300 to $500 and can be waived if the buyer and seller agree, said Paul Bell, president of Las Vegas Greater Association of Realtors.
Nobody thinks about saving a rain forest as a result of “green building” techniques, but they might think about saving more than $1,000 a year on utility bills, a Las Vegas homebuilding executive said.
Most of the 600,000 households in Clark County saw some amount of reduction in their 2011-2012 property tax assessments that were recently mailed out, but roughly 13 percent of homeowners are still overpaying, Seattle-based ValueAppeal.com reported.
1
2
3
4
5
$1.3M slots jackpot hits at Las Vegas airport
Here’s how much a single adult needs to make to ‘live comfortably’ in Las Vegas
Former homes of Las Vegas mobsters that have sold in recent years
Henderson boy with autism found in metal cage, parents arrested
Raiders make big move in Review-Journal’s final mock draft