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Jul 31 2019

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Las vegas real estate


Las Vegas Sun

L.E. Baskow / Las Vegas Sun

A house is shown for sale Tuesday, Feb. 9, 2016, in Las Vegas.

For first-time homebuyers, Las Vegas is best (and worst)

Mar 20, 2019 (2 a.m.)

It was the best of times, it was the worst of times — to buy a first home in Las Vegas, that is. Depending on which expert ranking you .

Prime real estate on Laughlin’s casino row up for auction

One of the last undeveloped parcels along Laughlin’s casino row on the Colorado River is going up for auction, with a minimum bid of $9 million, representatives for the seller said. A sealed-bid .

Surging Las Vegas home prices dip as supply expands

While Southern Nevada home prices pulled back in February, the median sale price for an existing home was still up nearly 8 percent year-over-year .

Bizarre underground bomb shelter mansion listed in Las Vegas for $18 million

February 26, 2019

By Jim Dobson, Forbes

The famous Las Vegas underground house has been making news for years as one of the most bizarre properties in the world. Located two miles east of the center of the Las Vegas Strip, this outrageous 14,620-square-foot concrete and steel doomsday bunker was created to survive a nuclear war. The bomb shelter home includes a yard with .

How much did the home prices in your ZIP code rise last year?

February 22, 2019

A new analysis of the Las Vegas housing market shows that home values rose throughout the valley during 2018, with the median price of new homes rising 9.8 percent and .

LVCVA plans to sell Strip land worth up to $300 million

February 21, 2019

A piece of real estate fronting the Strip is expected to go on the market soon. The Las Vegas Convention and Visitors Authority plans to sell a 10-acre parcel where the Riviera once stood, authority CEO Steve Hill said. “We will be looking to sell that front 10 or so acres,” Hill said while speaking at a breakfast meeting of .

No easing of condo short-term rental rules in Las Vegas

February 20, 2019

The Las Vegas City Council today struck down a proposal to allow more short-term rentals in multifamily complexes. Sponsored by Councilman Bob Coffin, the .

Name announced for Downtown Summerlin’s 2nd luxury apartment development

January 25, 2019

Downtown Summerlin’s second luxury apartment community will be called Tanager, after a vintage airplane and in keeping with the area’s aviation-themed naming .

Spilotro’s home was up for sale. Buyers made an offer. Who could refuse?

January 25, 2019

By David Montero, Los Angeles Times (TNS)

Shannon Smith knew this would be unlike any home he’d ever sold. Prospective buyers peppered him with questions: Did anyone get murdered here? Are there diamonds and cash hidden in the walls? Are there bodies buried in the yard? “I don’t know. Buy the house and see,” he’d tell them. “Get some metal detectors. Knock down the walls.” Smith, a 39-year-old real estate agent and broker, said .

Another bubble? Experts assess housing market and more

January 24, 2019

Business people from across the Las Vegas valley gathered at UNLV today to see a snapshot of the Southern Nevada economy and hear experts offer outlooks on the region’s future. The Las Vegas .

Planned housing at Bonnie Springs won’t kill site’s charm, developer says

January 10, 2019

The renderings are beautifully hand-drawn and colored. They depict a mountainous storybook village that could be vaguely Spanish or Italian. Visitors enter through an elegant circular driveway, pass under a charming stone archway and then the new world of Bonnie Springs Ranch opens up. Gone are the equestrian stables, Wild West-themed town, petting zoo and train ride. In its place are .

Most short-term vacation rentals banned at South Lake Tahoe

December 6, 2018

California voters have narrowly approved a ballot measure banning short-term vacation rentals in residential neighborhoods outside downtown South Lake Tahoe beginning .

Las Vegas house prices remain flat in November

December 6, 2018

The median sales price for an existing single-family home in the Las Vegas area in November was $295,000, according to a report from .

Wynn scraps lagoon project, will reopen golf course

November 7, 2018

The Wynn Resorts Paradise Park lagoon project has been shelved and will be replaced by a revamped 18-hole golf course, the company announced today during its third-quarter earnings call. Wynn contracted Tom Fazio, the original designer of the golf course, to .

Shuttered Lucky Dragon sells at auction for $35 million

October 30, 2018

The auction of the Lucky Dragon this morning opened and closed with a single bid. Snow Covered Capital, the shuttered casino-resort’s main lender, placed an opening bid of $35 million for the 2-year-old property. No other bids were made by the .

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