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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, […]

Median home price in Las Vegas up to $175k in June

July 9th, 2013 by Ean Tizon

July 09, 2013 LAS VEGAS (AP) — Home prices in Las Vegas are keeping up their double-digit climbs. Statistics released Tuesday by the Greater Las Vegas Association of Realtors show the median home price in southern Nevada in June was $175,000. That’s up nearly three percent from a month earlier, and up almost 33 percent […]

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