Real estate broker Forrest Barbee believes the free market generally works best without government interference. But he can’t dispute that a tax credit for first-time homebuyers is doing what it was meant to: spur home sales.
Housing
The Las Vegas housing market showed improvement in almost every category in September, including a $3,500 increase in the median existing-home price from the previous month, Las Vegas-based SalesTraq reported Wednesday.
Getting nowhere with the bank on modifying her home mortgage, Denise Fuleihan resorted to a tried-and-true American strategy: Sue.
WEST PALM BEACH, Fla. — James and Maria Ivory’s dreams of a relaxing retirement on Florida’s Gulf Coast were put on hold when they discovered their new home had been built with Chinese drywall that emits sulfuric fumes and corrodes pipes. It got worse when they asked their insurer for help — and not only was their claim denied, but they’ve been told their entire policy won’t be renewed.
Nevada’s mortgage foreclosure mediation program and similar programs in other states are delaying efforts to resolve problem loans, the top official at the Mortgage Bankers Association said Tuesday.
When Luis Armando Benito purchased the home on Cherry Canyon Avenue in October 2004, the Las Vegas real estate market was still skyrocketing toward the stratosphere.
Longing to escape freezing winters in Oklahoma, Dale Brown wants to find a good deal on a second home in Las Vegas or Phoenix, maybe two bedrooms for about $150,000.
The Las Vegas housing market showed a slight uptick in September after losing ground in August, the Greater Las Vegas Association of Realtors reported Friday.
Budget-minded apartment tenants may be willing to sacrifice features such as walk-in closets and hardwood floors for cheaper rent, but they still want swimming pools, fitness centers and barbecue pits that make staying home more enjoyable.
CARSON CITY — Like other Las Vegans, Assemblyman Marcus Conklin has been shocked at the number of deteriorating foreclosed homes in his neighborhood, replete with weed-covered lawns and strewn about trash.
Nevada’s emerging home mortgage modification industry is running into a big hurdle just as it starts to operate under a new law.
WASHINGTON — Resales of U.S. homes dropped 2.7 percent in August to a seasonally adjusted annual rate of 5.1 million, the first decline in five months, prompting the National Association of Realtors to again plead for more taxpayer subsidies for their business.
Bill and Connie Consentino thought they were getting a good deal on a Pulte home in the age-restricted Solera community in Anthem.
Forrest Barbee is convinced he is reliving the 1849 Gold Rush. … Barbee, a residential real estate broker with Prudential Americana Group in Las Vegas, sees a constant stream of prospectors hoping to strike it rich snapping up homes on the cheap.
Las Vegas Realtor David Brownell is telling first-time homebuyers they need to be under contract within the next 30 days to take advantage of the $8,000 tax credit set to expire Dec. 1.
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