Real Estate

Banks moving more aggressively against delinquent Las Vegas homeowners, report says

A foreclosed home is seen Thursday, April 28, 2011.

After a brief lull, lenders are again ramping up pressure on delinquent Las Vegas homeowners. The number of default notices filed in Clark County has climbed ...

Pardee Homes gives up land in long-stalled Coyote Springs project

Coyote Springs Golf Course is the only completed element of the 43,000-acre Coyote Springs project.

Pardee Homes, the former lead residential builder at the Coyote Springs master-planned community, relinquished about 2,500 acres of land at the site an hour from ...

Las Vegas developer buys Reno’s blighted Kings Inn

The Kings Inn, the long-abandoned hotel-casino that has come to symbolize downtown Reno blight, has been sold to a Las Vegas developer. The sale isn't final until …

Southwest Gas buys its headquarters, bids farewell to rent payments

Southwest Gas Corp. has bought the bulk of its Las Vegas corporate campus, as seen July 9, 2014, for $16.5 million cash from its Boston-area landlord.

Southwest Gas has been renting the majority of its corporate headquarters in Las Vegas for more than three decades. But with a $16.5 million cash purchase, the utility ...

Investor impact wanes as Las Vegas home prices climb again

Fafie Moore, left, a Realty Executives owner/broker, and realtor Helen Riley look over a home being offered for sale in Henderson April 8, 2013.

Las Vegas home prices continue to rise as investors, lured here by the recession’s bargains, keep backing out. The median sales price of previously owned single-family homes ...

Sale of Showcase Mall a rarity among Las Vegas Strip properties

A large portion of Showcase Mall, on the Strip, has been sold for $145 million to a group of New York investors. Photo taken on Thursday, June 26, 2014.

Showcase Mall, the Strip retail center known for its giant Coke bottle and M&M’s out front, has a new landlord. The sale, one of the more lucrative in Las Vegas in recent years for nonresorts, is a rarity because ...

Want the Palms Place rooftop penthouse? You can snag it for $38 million

Businessman Phil Maloof is trying to sell his 59th-floor penthouse at the Palms Place tower for $38 million.

Phil Maloof is ready to part ways with his flashy rooftop party pad at the Palms. Among the lavish amenities offered in the residence are ...

Nevadans headed for foreclosure not as quick to abandon home, report says

The number of Nevadans who are underwater on their mortgages is down, but only because many have lost their homes to foreclosure, a report says.

Nevadans who are on track to lose their homes to foreclosure aren’t moving out nearly as often as they used to. But the Silver State still has ...

North Las Vegas announces two tenants for its City Hall

The new North Las Vegas City Hall, Thursday, Nov. 17, 2011.

Tenants are coming to the underutilized North Las Vegas City Hall. Mayor John Lee today announced the Nevada Affordable Housing Assistance Corporation and Home Means Nevada, two state-affiliated nonprofits agencies that help distressed homeowners, would be moving to City Hall. NAHAC agreed to a three-year lease for ...

How to do a short sale

Selling a house through a short sale is about as fast and easy as swimming through a swamp.The sales process can involve stacks of paperwork, back-and-forth calls and emails with bankers and real estate agents, and sudden changes in rules and procedures. Completing a deal can take months, maybe a year, all so an underwater borrower can get out of a house that plunged in value and a buyer can get a good deal ...

Jane Fonda puts New Mexico ranch on market for $19.5 million

Jane Fonda arrives at the opening ceremony and screening of "Grace of Monaco" at the 67th Cannes Film Festival on Wednesday, May 14, 2014, in France.

Jane Fonda is putting her northern New Mexico ranch up for sale. The Swan Land Company of Bozeman, Montana, announced Friday that the actress has listed her Forked Lightning Ranch just north of ...

Las Vegas home prices climbing again; short sales tapering off

This 2012 file photo shows a home for sale in Henderson.

The median sales price of previously owned single-family homes last month in Southern Nevada was $195,000, up 1.6 percent from April and 14.7 percent from a year ago ...

Las Vegas housing market going big — as in master-planned — again

Carpenters work on a KB Homes project at Inspirada in Henderson Tuesday, June 3, 2014. A number of formerly stalled or financially troubled master-planned communities are now back in business, with developers building and selling homes.

Developers around the valley are gearing up to build mini-cities that, during the recession, either went bankrupt, were seized through foreclosure or were left on the drawing board. Dirt is being moved, utility lines are going in and model homes are planned in massive communities. If all goes as planned, the master-planned communities would ...

Warehouse construction about to make a comeback in Las Vegas

Developer Doug Roberts is planning a speculative warehouse project on this lot of land seen May 20, 2014 located on the northwest corner of Jones Blvd and Sunset Road.

Speculative construction of industrial projects turned out to be a bad bet in the Great Recession. But with the economy turning the corner in the Las Vegas Valley, developers are ...

County Family Services building up for sale

The Clark County Department of Family Services' headquarters, as seen May 28, 2014, is listed for sale for $18 million.

Owners of a Clark County child-protection agency’s headquarters want to sell the building for $18 million, a big premium over both its purchase price and the going rate for office properties. Brokers with CBRE Group sent out...