How Las Vegas sellers are adjusting prices in a changing real estate market
Nearly 40% of Las Vegas homes had price cuts last week as inventory rises to 3.4 months and absorption outpaces new listings.
Nevada
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Foreclosure filings rise 18% year over year in August
Lenders started foreclosure proceedings on 24,254 properties in August, a slight decrease from July but up 17% from last year.
Homebuilder Century Communities expands into Nevada
Century Complete will introduce its online homebuying platform to Nevada, allowing home purchases through the company’s website.
Federal lands amendment draws bipartisan rebuke
As Republicans line up behind a plan to sell federal lands for housing, one Republican representative is signaling his opposition.
CFPB nominee McKernan commits to protecting older Americans from financial abuse
Jonathan McKernan, the CFPB director-designate, said in his confirmation hearing that he will ensure older Americans are protected from financial exploitation.
Foreclosure filings dropped in November. Is market pressure finally easing up?
One in 4,795 homes had a foreclosure filing in November 2024. That equates to a total of 29,390 filings, down from 30,784 in October.