AVERAGE MORTGAGE 30 YEAR INTEREST RATE OF 3.83% THE LOWEST SINCE THE '50S

The bottom line is that today's buyer would save almost half a million dollars compared with a buyer
of 5 years ago -- less up front because of the lower sales price and less in interest over the life of the
loan.

"The interest rates are certainly are an encouraging ...

HOUSING DEBT OF NEVADA IMPROVING

Nevada had the second highest mortgage delinquency rate in the nation in the first quarter at 11.16 percent, well above the national rate of 5.78 % TransUnion Credit Bureau reported Wednesday.

While Nevada is still second only to Florida's 13.87%, it's still an improvement from 14 ...

LAS VEGAS HOME PRICES RISE FOR THE THIRD STRAIGHT MONTH IN APRIL - THE INVENTORY OF LISTINGS CONTINUE TO SHRINK

The median price for 3,185 single-family homes sold in April was $127,900, up 4 per cent from the previous
month, and up 2.3% from April 2011.

It is the first time prices have increased on a year-over-year basis since August 2010, said Kolleen Kelley, President of the ...

LAS VEGAS NEIGHBORHOOD LIFT PROGRAM FROM WELLS FARGO HOME MORTGAGE AIMS TO HELP LOCALS BUY HOMES

1,100 prospective home buyers registered for the two day Neighborhood Lift workshop at the Riveria hotel.

This program is designed to attract qualified home buyers to neighborhoods struggling with high inventory
of unsold homes, offering as much as $15,000 in down payment assistance grants to prospective homebuyers who ...

PHOENIX FINDS ITS WAY OUT OF THE DOWNTURN: A MODEL FOR RECOVERY

The Arizona capital of Phoenix was one of the hardest hit markets by the housing crisis, with home values plunging nearly 60 percent from 2006 through mid-2011 and foreclosure filings soaring.

As recently as June 2011 Phoenix held the second highest metro foreclosure rate in the country, behind only Las ...

CLOSED SAHARA HOTEL IN LAS VEGAS RECEIVES $300 MILLION FINANCING FROM SBE ENTERTAINMENT OWNERS TO BE "BORN AGAIN" AND REOPEN IN 2014

SSL LAS VEGAS WILL HAVE ROUGHLY 1,600 ROOMS AND OPERATE AS A TRULY BOUTIQUE RESORT

By the time SLS Las Vegas opens, there will be SLS branded hotels in several U.S. cities including New
York, Los Angeles, Chicago and Miami.

The construction funds, raised by J.P. Morgan ...

WELLS FARGO OFFERING DOWN PAYMENT ASISTANCE FOR QUALIFIED BUYERS UP TO $15,000 IN SELECT LAS VEGAS AREAS

Through the Neighborhood Lift Program designed to attract prospective home buyers to neighborhoods
struggling with high inventory of unsold homes.

Wells Fargo loan officers will explain the program and take applications during a May 4-5 event at the Riviera
Hotel convention center. Similar events have been held in Los Angeles ...

NINE METROPOLITAN STATISTICAL AREAS,INCLUDING LAS VEGAS, POSTED NEW LOWS IN FEBRUARY IN A WIDELY WATCHED HOME INDEX RELEASED TUESDAY

They were the same cities that posted lows in January. Atlanta, Cleveland, Detroit, and Las
Vegas continue to have average prices below their January 2000 levels in the Standard
and Poor's/Case-Shiller home-price index.

Nationwide, home prices dropped in February in most major U.S. cities for a sixth ...

INVESTOR SAYS "LAS VEGAS REAL ESTATE VALUE IS LONG TERM"

George Wolin, the principal of Crescent Bay Holdings, from Scottsdale, Arizona, drove around the master planned North Las Vegas development by the recently bankrupt Olympia Group.

He realized that the $21 million price for 1.340 acres was a fantastic deal - 2 expensive Beltway interchanges required for the development have ...

NEW HOME PRICES IN LAS VEGAS RISE IN MARCH

The new home price increased 3.3 per cent from February to $201,668, and is up 1.6 percent from
$198,400 from a year ago in the same month.

The resale median was $103,000, an increase of $2,200 from February but down from $107,000 a ...