Las Vegas
Las Vegas Homes Selling Low, Foreclosed Homes Being Rehabbed
By Alex Girda, Associate Editor
Clark County has recently funneled $4 million in federal neighborhood stabilization dollars to Housing for Nevada, a nonprofit whose activities focus around the struggling market. The organization aims at buying, rehabilitating and reselling foreclosed or abandoned […]
Downtown Set For a Housing Mini-Boom, New Home Sales Continue to Drop
By Alex Girda, Associate Editor
According to city real estate specialists, downtown is seemingly generating some heightened interest in its housing options. Though prices are nowhere near the golden days of the mid-2000s boom, interest is definitely there. Offering confirmation, The […]
Home Sales Close to Record Numbers, Prices Reach New Lows
By Alex Girda, Associate Editor
The area’s housing market is proving extremely attractive to buyers—in fact, August’s figures nearly matched a two year-old record. According to data from the Greater Las Vegas Association of Realtors (GLVAR), August had a combined number […]
Housing Environment May Create Favorable Economic Climate for Corporations
By Alex Girda, Associate Editor
The economic breakdown is Las Vegas’ own leitmotif when dealing with all things finance, but some seem to look at it from a different perspective. Sure home prices are down to 90’s levels and the word […]
Government Plans Jobs By Converting Repossessed Homes into Rental Units
By Alex Girda, Associate Editor
In a move that would change a big chunk of the real estate market, and beyond, the federal government is currently pushing a plan to transform repossessed homes into rental units. The move would also be […]
MGM Cutting Losses by Literally Imploding Harmon Tower
By Alex Girda, Associate Editor
The Harmon Hotel tower has only brought grief to MGM Resorts International and it looks like the company has had enough. Following a number of legal battles which have been discussed in the Las Vegas business […]
Improving Distressed Properties Means Improving Activity
By Alex Girda, Associate Editor
Serious interest generated by the Strip’s available high-rise residential condominiums has ramped up investor activity in the area, VegasINC magazine reports. According to a study quoted by the business publication, it’s mostly due to the fact […]
Rethinking Development and Investments on the Strip
By Alex Girda, Associate Editor
For a city in which new development meant nine figures and mega-resorts were a yearly happening, things have changed considerably as a result of the massive hit the Strip has taken from the ongoing recession. Now, […]
Airport Space is Pie in the Sky for Small Retailers; Rental Market Poised for Recovery
By Alex Girda, Associate Editor
Las Vegas’ McCarran International Airport is set to receive its third terminal next summer and the amount of real estate space it will boast is already generating a consistent amount of buzz among investors. Local candy, […]
Housing Market Still Lagging, Owners Trade Ambition for Realism
By Alex Girda, Associate Editor
Nevada’s housing market is not looking good, especially if you’re a real estate agent. VegasINC magazine used data from a HomeGain survey to point that out this past week. HomeGain is a California-based research and marketing […]
