Home Prices Rise for 18th Month in a Row According to the Greater Las Vegas Association of Realtors (GLVAR), Southern Nevada home prices have been on the rise for 18 straight months. In fact, home prices are 35.3 percent higher than they were a year ago. The average home price bottomed out in January of 2012 at $118,000 and is now up to $180,000 and rising faster than anywhere … [Read more...] about September 2013: Around the State
Las Vegas housing market
North Las Vegas’ Eminent Domain Scheme: Well-Meaning, but Dangerous
San Francisco-based Mortgage Resolution Partners (MRP) has been pitching a scheme to get distressed cities to use their right of eminent domain to seize underwater homes and pay MRP to help restructure the mortgages. They tried and failed in several cities before finding a receptive audience in North Las Vegas. Naturally, city officials want to help their constituents, who have … [Read more...] about North Las Vegas’ Eminent Domain Scheme: Well-Meaning, but Dangerous
Las Vegas Housing Market Improving
GLVAR reports increase in local home prices, traditional sales LAS VEGAS – Strong demand and a tight housing supply continue to push up home prices in Southern Nevada, according to statistics released today by the Greater Las Vegas Association of Realtors (GLVAR). The association's report shows existing home prices are now 30 percent higher than one year ago. With … [Read more...] about Las Vegas Housing Market Improving