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Las Vegas area sees rare January uptick for home prices

February 17th, 2017 by Ean Tizon

  It’s not often that local home prices rise in January, one of the slowest months of the year for the industry, but that’s what happened to kick off 2017, according to statistics provided by Greater Las Vegas Association of Realtors on Tuesday. The median price of existing single-family homes sold in January through GLVAR’s […]

Sign of recovery: Traditional home sales now dominate foreclosures and short sales

January 21st, 2014 by Ean Tizon

For several years, banks held an iron grip on Las Vegas’ weak housing market, as most sellers either were bankers unloading foreclosed properties or underwater locals who needed their blessing. Today, however, an improved market is crimping their influence. About 70 percent of used-home sales in Southern Nevada now are traditional deals between private buyers […]

Las Vegas housing ends 2013 the way it started — big annual price gains

January 10th, 2014 by Ean Tizon

The local housing market ended 2013 the way it began — with big annual gains in prices. Still, there’s fresh evidence that prices are stabilizing, and Realtors said they expect slower, steadier gains in 2014. The Greater Las Vegas Association of Realtors reported Tuesday that single-family resale homes cost a median of $185,000 in December, […]

Las Vegas home prices likely to keep rising into next year

September 23rd, 2013 by Ean Tizon

Photo by: STEVE MARCUS Sale winds: A Henderson home is advertised for sale on July 13, 2009. By Eli Segall Sunday, Sept. 22, 2013 | 9:01 p.m. Las Vegas home values continue soaring faster than the country at large and should outpace the nation for the next year. The valley’s median home value last month was $156,600, […]