In The News: Lied Center for Real Estate
It’s an age-old question that gets asked time and again by folks on the fence: Is it better to buy a home or rent? The answer, of course, has always depended on personal circumstances and market conditions.
After five years of living in sunny California, Billy Mitchell decided to leave the Golden State for the Nevada desert, where he could get more bang for his buck.
Lakeside Weddings & Events donated 168 bags filled with toiletries to the Shade Tree.
When the bottom fell out of the mortgage market in the run-up to the Great Recession, Las Vegas homeowners found themselves at the epicenter of a catastrophe. Nearly one in four who bought new homes at the housing market’s peak in 2007 fell into foreclosure. For buyers of existing homes, whose values plunged even more dramatically, default claimed closer to half. Nevada led the nation in foreclosures for 62 straight months during the Great Recession.
Nevada's first-in-the nation growth to start this century was slowed by the Great Recession. But according to two recent surveys, that population growth could be resuming.
With a stuffed plastic garbage bag slung over his shoulder, the curly-haired Santa Claus delivered presents a day ahead of schedule at various Siegel Suites apartment complexes in the Las Vegas Valley on Monday.
New data published by the Greater Las Vegas Association of Realtors shows 10,000 single-family homes were on the market and by the end of November, 7,000 of those homes had zero offers, up 54% compared to 2017 and the highest number of homes in Las Vegas Valley to not get a bid in more than two years.
The national housing slowdown is spreading to markets like Las Vegas and Phoenix, where prices still haven’t reclaimed their pre-crisis peaks.
The Las Vegas metropolitan area has seen not only a significant rise in its population but an altering of its demographics as well, according to new findings from the U.S. Census Bureau.
Home prices in the majority of metro areas across the country — places such as Nashville, Los Angeles, Austin and Indianapolis — have eclipsed their pre-recession peak.
Las Vegas is having a tough time living down its sordid past. Not that sordid past. It’s our reputation as Ground Zero in the foreclosure crisis a decade ago that has Southern Nevada in the news now.
In case there was any doubt, it’s back.
The real estate market in the Las Vegas Valley has seen explosive growth the past two years, creeping toward its pre-recession boom from 2005 to 2007, according to Las Vegas housing experts and real estate agents in the valley.