Real Estate

Developers moving forward on huge North Las Vegas master plan community

Developers planning to build 15,000 homes in North Las Vegas told the city council today they hope to have shovels in the ground before the end of the year on one of the...

Deutsche Bank said to seek sale of Cosmopolitan resort

An exterior view of the Cosmopolitan hotel tower Monday, March 11, 2013.

http://www.bloomberg.com/news/2014-04-16/deutsche-bank-said-to-seek-sale-of-cosmopolitan-las-vegas-resort.html

Report: Las Vegas’ industrial space a turnoff for companies eyeing move here

The Las Vegas Global Economic Alliance has released a report saying dozens of companies that considered moving here picked other cities largely because of a dearth of big, available industrial properties ...

Lenders are repossessing fewer Nevada homes as foreclosures dip

A sign is posted outside a vacant HUD home in North Las Vegas April 2, 2013. A neighbor said that it has been vacant for a bout two years. (1524 Gaber Court, North Las Vegas)

Nevada’s foreclosure rate was sixth highest in the country last month, after Florida, Maryland, Indiana, Ohio and Illinois. One in every 701 housing units statewide received ...

Inventory of Las Vegas homes climbs along with prices

Key boxes are shown at vacant home in North Las Vegas April 2, 2013. A neighbor said it has been vacant for about six months. (1513  Splinter Rock, North Las Vegas)

In Las Vegas, home prices have been climbing at one of the fastest rates in the country as investors, looking to capitalize on the housing crash, bought cheap homes in bulk to ...

Mysterious group buys underground doomsday house in Las Vegas

Built in the 1970s, this mysterious underground house at 3970 Spencer St., photographed on Thursday, Aug. 22, 2013, can house a family for as long as one year without having to resurface.

The famed underground house near Flamingo Road was built as a spacious Cold War bunker, to keep people alive and entertained in case the Soviets wiped out Las Vegas with ...

Court hearing on fraud-related charges for father of quints delayed until June 20

Deon Derrico speaks about the birth of his quintuplets during a news conference, Friday, Sept. 20, 2013, at Summerlin Hospital Medical Center in Las Vegas, following their births two weeks earlier in Phoenix.

Deon Derrico, the father of a set of Las Vegas quintuplets, will wait to have his day in court on real-estate fraud charges. This morning in North Las Vegas Justice Court, a preliminary hearing for Derrico was continued until …

Father of Las Vegas quints faces real estate fraud charges

Deon Derrico speaks about the birth of his quintuplets during a news conference, Friday, Sept. 20, 2013, at Summerlin Hospital Medical Center in Las Vegas, following their births two weeks earlier in Phoenix.

Until now, Deon Derrico has been in the news as the father of quintuplets. But now he's got more than just changing diapers on his mind. He's scheduled to be in court Wednesday to face...

How to do Vegas like a Trump

Eric Trump

http://www.usatoday.com/story/experience/las-vegas/best-of-vegas/2014/03/25/eric-trump-las-vegas-itinerary/6873029/

Developer plans to rehabilitate ‘eyesore’ development, just one of many investors doing so in the valley

An office building onsite at the mothballed medical-office project Centennial Hills Center shows signs of vandalism March 20, 2014.  The center has new ownership and is slated for completion after being abandoned by collapsed lender Lehman Brothers.

For vandals on the prowl, Centennial Hills Center was just too tempting. They smashed windows, sprayed graffiti and ripped out the copper from the abandoned medical-office project. As if to rub it in, they even set the elevator on fire. Some investors now bet that the Las Vegas property, despite its trashed and troubled past, will prove a big money-maker ...

New owner envisions Boulevard mall, now ‘all beat up,’ as retail/entertainment hub

A rendering of the Boulevard Mall remodeled.

The new owner of Boulevard mall has big plans for the redevelopment of the aging retail property. He is negotiating with retail tenants and has plans for...

Mixed messages from local economy

Property values are rising at some of the fastest rates nationally, with used-home prices jumping 27 percent in the past year and new-home prices soaring 36 percent. Many listings receive multiple offers as investors gobble up homes to turn into rentals. At the same time, though ...

Nevada’s foreclosure rate, while improving, is third-highest in U.S.

Prospective bidders inspect a house last month that was slated to be a auctioned off in a large auction of foreclosed homes.

One in every 633 Nevada housing units received a foreclosure-related filing in February, down 16 percent from January and 49 percent from February 2013. Silver State homeowners weren’t the only ones facing...

After a brief break, Las Vegas home prices headed up again

Realtor Helen Riley and Fafie Moore, a Reality Executives owner/broker, leave a home being offered for sale in Henderson on Monday, April 8, 2013.

The median sales price of previously owned single-family homes in Southern Nevada last month was $190,000, an increase of...

Wall Street has found its latest dangerous financial product, activists warn

The housing market is picking up across the Las Vegas Valley, Realtors say.

http://www.huffingtonpost.com/2014/03/04/wall-street-rentals_n_4892205.html?utm_hp_ref=business