In the News

We see headlines that the housing crisis is over and that Las Vegas is almost out of the woods. However, these headlines may not be entirely true. The ten-year notes that were given before the recession are coming due, the Troubled Asset Relief Program is ending, and the Nevada Foreclosure Mediation program is running out […]

Every facet of the real estate market was hit during the Great Recession and it has taken years for the market to see some signs of coming back to life. One part of the market that is seeing some hope is the high-rise market. Eight years after the crash, the high-rise market is seeing higher […]

Recently, there has been some great news for commercial real estate in Las Vegas. The second quarter of 2016 has been good for leasing, as it has stayed strong and steady according to Cushman and Wakefield. This is largely due to the flexible and competitive utility prices, low worker’s comp rates, easy access to logistics, […]

Rural towns are making a comeback in the Las Vegas area. A local developer, Ted Price, was looking to buy a failed subdivision in Logandale called Valley Heights. When he was there he began to notice a few things. There was no litter or graffiti, and the people that were living there seemed to really […]

Las Vegas has been making strides to grow and evolve with the times, but it may need to take some advice from a city that you may not expect – Detroit, Michigan. Detroit filed for bankruptcy protection in July 2013. Urban decay was one issue and a few months before filing, officials declared a “blight […]

Good news! Homebuilder confidence stayed steady for the fourth month in a row in May. This reflected the overall optimistic outlook for the new-home market, even though the sales pace of homes has slowed a bit. Homebuilders are cautiously optimistic about the future, but are still not building at the level they were building before […]

There seems to be a new level of confidence in the economy of Las Vegas for the ultra wealthy. This is seen through the increase sale of new high-end homes and the development of a new luxury community, The Summit Club, which has sold about half of its lots. This is a good sign, but […]

Your neighbors may not really supposed to be living that home next to you. When the housing economy took the huge hit, the perfect storm of empty houses that occurred left plenty of room for squatters to move in. This meant that Las Vegas was an ideal place for lease scams and even people just […]

According to new reports, there is not as much flipping is going on in the Las Vegas real estate market as there was right after the housing marking collapse in 2008. The percentage of people who were buying and quickly selling homes for a fast profit in 2015 was about at half the level that […]