The median sales price of previously owned single-family homes was $405,000 last month, unchanged from the record high set in July.
Eli Segall
Eli Segall joined the Review-Journal in August 2016 after covering real estate and other business topics for four years at the Las Vegas Sun. He also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. Segall has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. His awards include 2017 Story of the Year from the Nevada Press Association.
The Watermark, a seven-story project, is slated to feature retail and office space and 151 apartments.
After not changing much for years, tiny Cal-Nev-Ari and its cluster of residents face the prospect of something very different for the remote desert town: a burst of development.
Some 15 years ago, a builder’s plan to construct high-rises in southwest Las Vegas failed, leaving a giant hole. Now another developer is moving forward with a plan for a big apartment complex there.
Carroll recently announced that it acquired the 436-unit Emerald Springs and a 383-unit complex roughly 3 miles away, The Meadows.
Project plans filed with the city of Henderson show a three-story, ultraluxury house that would look strikingly similar to the Raiders’ practice facility and even, in some ways, Allegiant Stadium.
Southern Nevada home prices jumped 19.8 percent year-over-year in June, outpacing the national rate of 18.6 percent, according to a new report.
Lennar Corp.’s prices in the community exceed the typical sales price of a newly built house in the Las Vegas area.
Jonathan Fine was forced to close his taverns last year, faced eviction threats from landlords, tossed out hundreds of kegs of beer, and reopened multiple locations with the help of a federal relief program.
Housing markets are always prone to ups and downs, especially in Las Vegas, and no boom lasts forever.
Vegas defenseman Alex Pietrangelo sold his 8,321-square-foot house in Summerlin to forward Max Pacioretty for $6.4 million this month, records indicate.
The typical rental rate of a Las Vegas-area home soared almost 23 percent year over year in July, compared with 9 percent nationally.
The median closing price of newly built homes in Southern Nevada was around $419,950 in July, up 13 percent from a year earlier.
Waterton acquired Ely at Centennial Hills and Pointe at Centennial Hills in the northwest valley.
As it has become increasingly difficult to purchase a home in the Las Vegas area, industry sources say more buyers than usual in America’s casino capital are turning to Pahrump.