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RENO, Nev. (AP) — Homebuyer activity remains strong in the Reno-Sparks area, but new listings are down and the active inventory of housing units also is shrinking.
Nevada, particularly Las Vegas, is known for being an affordable place to live.
RENO, Nev. (AP) — Democratic presidential candidate Bernie Sanders has released an online campaign video spotlighting the lack of affordable housing in Reno.
Las Vegas’ realtor association has predicted improved sales this spring
But the Las Vegas Review-Journal reports that resales are still well below 2018 levels, and the number of ignored listings remains much higher than it was a year ago.
Home prices in Southern Nevada continue to climb, but sales are down.
The Case-Shiller index released Tuesday shows Las Vegas’ growth rate was fastest among the top 20 markets in the report.
The average home price in Nevada closed out the year virtually unchanged from the month before, but still 10 percent higher than they were one year ago.
The median sales price of homes in Las Vegas from November has remained flat since the previous month.
The Greater Las Vegas Association of Realtors released its monthly report this week showing the median sales price of a single-family home in Las Vegas was $295,000.
The average sales price of homes in Las Vegas fell slightly for the month of October, although still significantly higher than they were a year ago.
Las Vegas home buyers are choosing more affordable neighborhoods, and sales are slumping in some communities.
On September 12, the New York Times published an interactive feature titled “The
Finding apartments in Reno and Sparks is becoming very expensive.
The greater southern Nevada region has been named the most overvalued housing market in America.
According to a report from Fitch Ratings, home prices in Las Vegas are increasing at nearly twice the rate in the rest of the country.
A holdover from the recession could be contributing to Southern Nevada's growing housing crunch.
Instead of cooling down with the winter weather, local Las Vegas home prices are holding steady.
For many of us, our most valuable possession is our home.
CARSON CITY, Nev. (AP) — Nevada lawmakers who sought to pull the plug on a program that helps homeowners fend off foreclosure have reversed course and want to continue it for another two years.
A state program to help save homes for people who can’t make mortgage payments is on the chopping block in Carson City.