Home prices in the Las Vegas area are up 7.3 percent from a month ago and nearly 31 percent from last year as supply stays short.
After being one of the areas hardest hit by the housing bust, Las Vegas is now posting some of the nation’s largest increases in home prices.
Analysts say the price of land in Las Vegas is rising at a “downright scary” pace as the housing market recovers.
Analysts say Nevada still leads the nation in underwater mortgages, although rising home prices have improved the overall equity situation in the U.S.
Nevada foreclosure filings hit a 17-month high in February.
Home prices throughout the Las Vegas valley continue to rise steadily.
A growing number of homes in Nevada are being sold for less than what’s owed on them.
An ambitious robosigning prosecution against two employees of a mortgage loan processing service has been derailed, after a judge dismissed all 306 counts against the defendants.
Southern Nevada’s housing market started 2013 in much the same way it ended 2012, with rising prices and a tight supply.
Planning to sell your home? You may want to wait until 2016 before listing it.