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U.S. Mortgage Bankers Closed Record $530 Billion in Commercial, Multifamily Loans in 2017

U.S. Mortgage Bankers Closed Record $530 Billion in Commercial, Multifamily Loans in 2017

U.S. commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017. Read More »


Record 64 Million Americans Now Live in Multigenerational Households

Record 64 Million Americans Now Live in Multigenerational Households

Over 64 million Americans live in multigenerational households, which is based on a report by the Pew Research Center, Washington, D.C. Read More »

U.S. Homes Hourly Appreciation Rate Higher Than Hourly Minimum Wage in Half the Country

U.S. Homes Hourly Appreciation Rate Higher Than Hourly Minimum Wage in Half the Country

According to Zillow, U.S. home values have been appreciating more per working hour than local minimum wage pays in about half of the nation's 50 largest cities. Read More »

Greater Las Vegas Home Prices Continue to Rise in March

Greater Las Vegas Home Prices Continue to Rise in March

Local home prices rose again in March 2018 while the local housing supply stayed tight. Median price for existing single-family homes sold in Southern Nevada during March was $280,000. Read More »


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Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated April 16, 2018 8:05 AM ET

Las Vegas Property News

First-time buyers in the U.S. looking for an affordable home may have the best luck in Florida.

According to a new report released by the Greater Las Vegas Association of Realtors, local Las Vegas home prices rose again in February 2018, while sales slowed down amid a shrinking housing supply.

According to the Greater Las Vegas Association of Realtors, local home prices cooled off slightly in January 2018, but are still up more than 11 percent from one year ago.

U.S. builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter. This is the highest reading since the inception of the index in 2008.

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes fell 9.3 percent in December 2017 to a seasonally adjusted annual rate of 625,000 units.

The National Association of Home Builders reported this past week their NAHB Remodeling Market Index posted a reading of 60 in the fourth quarter of 2017, up three points from the previous quarter and only the second time since 2001 the reading has reached 60.

According to Zillow, the total value of all homes in the United States in early January 2018 is now $31.8 trillion after gaining $2 trillion in 2017. The cumulative value of the U.S. housing market grew at its fastest annual pace.

Single-family homes in November 2017 rose 17.5 percent to a seasonally adjusted annual rate of 733,000 units from a downwardly revised October reading. This is the highest sales pace since July 2007.

The Greater Las Vegas Association of Realtors is reporting this week that local home prices continued to cool down heading into the holidays, though home prices and sales are still up from one year ago.

Shopping centers of the future will become just 'centers' by reinventing themselves as mixed-use destinations and adding healthcare, educational and leisure uses.

U.S. housing inventory constraints have fueled a sharp rise in prices and made it difficult for buyers to gain a foothold in the market. But that is expected to change next year as part of broader and continued housing market improvements.

According to the Greater Las Vegas Association of Realtors, after many years of strong price appreciation, local Las Vegas home prices started cooling down in October 2017; though home prices and sales are still well up from one year ago.

Nearly 1.4 million (1,367,793) U.S. residential properties (1 to 4 units) were vacant as of the end of the third quarter of 2017 -- representing 1.58 percent of all U.S. residential properties.

According to the National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October 2017. This was the highest reading since May 2017.

According to the Greater Las Vegas Association of Realtors, local home prices continued to rise rapidly, while home sales stabilized in September 2017.

According to the Greater Las Vegas Association of Realtors, local Las Vegas home sales continued to rise while home prices started to level off in August 2017. The median price of existing single-family homes sold during August through its Multiple Listing Service (MLS) was $260,000

According to Zillow, nearly one in 20 residential ZIP codes in the U.S. meets the definition of a $1 Million Neighborhood, meaning at least 10 percent of the homes there are worth seven figures or more.

According to the U.S. Department of Housing and Urban Development and the Commerce Department, nationwide housing starts fell 4.8 percent in July to a seasonally adjusted annual rate of 1.16 million units.


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