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Eli Segall

Business reporter

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Las Vegas’ underwater mortgage rate improving but still worst in nation
Tuesday, Dec. 16, 2014
Some 27.8 percent of local homeowners with mortgages were upside-down — meaning their debt outweighs their home’s value — in the third quarter. That’s down from 39.6 percent a year ago and ...
Report: Housing outlook not ‘warm and fuzzy’
Tuesday, Dec. 16, 2014
With home sales and construction plans sliding and prices flat, there’s little reason to feel “warm and fuzzy” about Las Vegas’ housing market next year, a new report says. Builders sold ...
Q+A: Las Vegas contractor talks city’s colorful past, surviving recession, stepping aside
Tuesday, Dec. 16, 2014
Frank Martin, the 67-year-old co-founder of Martin-Harris Construction, helped build Las Vegas, turning dirt lots into schools, office buildings and casinos. His company was hit hard by the recession, but survived. But now, with business improving, Martin is ready to call it a ...
Report: Nevada among top states for mortgage fraud
Monday, Dec. 15, 2014
Mortgage fraud is rising nationally and remains more active in Nevada than in almost every other state, a new report shows. Some 74 percent of U.S. home loans last year involved ...
Delayed 1,700-acre project to get first homes
Thursday, Dec. 11, 2014
The Olympia Companies has sold 80 acres at Skye Canyon — a fraction of the 1,700-acre project site — to Pulte Homes and Woodside Homes, executives said today.
For Las Vegas renters, pricey resort-like options increasing
Thursday, Dec. 11, 2014
Despite the still-sluggish economy in the Las Vegas Valley, investors are building a burst of higher-end rental complexes with larger units, lots of amenities and much higher prices. It’s unclear how many people want — and can afford — to live in them all, and whether too many developers are ...
Las Vegas home prices creep up as sales continue to drop
Tuesday, Dec. 9, 2014
The slowdown in Las Vegas' housing market is poised to continue next year, a new report says, as investors keep pulling back from the valley. The median price of single-family homes sold through the Greater Las Vegas Association of Realtors’ listing service in November was ...
Events facility Venue a potential boost for Fremont East
Thursday, Dec. 4, 2014
Years after buying the project site, nightlife entrepreneur Victor Perrillo is building an events facility on the cusp of Fremont Street’s rowdy bar scene. Construction is underway at ...
In Las Vegas, some recession scars are healing, others smarting
Wednesday, Dec. 3, 2014
Las Vegas was almost wiped off the map by financial hurricanes during the recession. But as things improve nationally and in America's gambling mecca, some problems just won't go away. The valley has made strides, but ...
Buyers spend more than $49 million at BLM land auction
Tuesday, Dec. 2, 2014
Homebuilders and other investors purchased 415 acres of land at a government auction today. The U.S. Bureau of Land Management sold the parcels, all in the southwest valley, for ...