Scott Gragson’s 10,621-square-foot home is listed for rent at a price that amounts to buying a luxury car every four weeks.
red hot housing
Over the past several months, some signs that Southern Nevada’s market was tapping the brakes have come and gone.
The median sales price of previously owned single-family homes was $405,000 last month, unchanged from the record high set in July.
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.
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.
Housing markets are always prone to ups and downs, especially in Las Vegas, and no boom lasts forever.
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.
The three-story ultra-luxury estate in Henderson spans 14,207 square feet and is listed for the price of an apartment complex or office building.
Toll Brothers announced that it acquired StoryBook Homes, giving Toll a foothold in a more affordable slice of the housing market.
Avenue North founder Ryan Hartman aims to start construction on the 165-home project this year.
Before last year, Las Vegas’ median house price peaked in mid-2006 at $315,000 – which, adjusted for inflation, is $423,834 in today’s dollars.
Nicolas Cage’s former Spanish Hills home almost became his new treasure, but instead he’s leaving his Las Vegas past behind.
Las Vegas housing prices shot past $400,000 on the resale market for the first time last month, raising concerns that many locals might get priced out as home values keep setting new all-time highs.
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