Prices edged up slightly from the previous month according to the Greater Las Vegas Association
of Realtors.

Realtors sold 2,890 single family homes during the month, a 10.1 percent decrease from June and
a 8.7 decrease from the same month a year ago.

The median price rose …

One Las Vegan has made nine propositions since February. He's hired professionals to help him
find the right house. Four banks have pre-qualified him.

Yet, every time he's made an offer on a home, someone else has swooped in, usually an investor
with cash, often with a higher bid …

Two year high set in May followed by 8.4 percent drop in June. The steep decline suggests a weaker
job market and slower growth could make the housing recovery uneven.

Las Vegas based SalesTraq reported 353 new home sales in June, down from 413 in the prior month and …

Although concerns about the shadow inventory of foreclosures, underwater homes and a stubbornly high unemployment rate exist, Home Builders Research Friday reported 438 new home sales in June at a median price of $194,490, a 3 percent decrease from a year ago.

"The slight drop is nothing to worry about …

Home sellers are thriving in San Jose, San Francisco and Las Vegas, where price cuts are relatively uncommon and homes are sold often at or near their asking price according to a spokesman at Zillow.com.

On the other end of the spectrum, Chicago, Milwaukee and Cleveland are still buyer's …

Home sales fell in June as the inventory of single family homes for sale continued to decline.

The median home price increased 5.9 percent from a year ago to $131,785, the fifth straight month of
rising prices. It's the highest median price since December 2010.

Single family …

Maybe the banks are starting to figure it out. Instead of dealing with the legal challenges and expense of
foreclosures banks are now approving more short sales, or homes sold for less than the principal
mortgage balance.

According to David Brownell of Keller Williams Realty of Las Vegas, for the …

Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage
for increases in home repossessions and short sales - scenarios that could further weigh down
home sales in coming months.

Default or home auction notices were filed for the first time against 109,051 homes last month …

Zappos.com CEO Tony Hsieh announced on Wednesday that the company will be handing it's Kentucky operations over to it's parent company Amazon.com.

This decision is a result of the company's focus on downtown Las Vegas redevelopment efforts and it's impending move of 1,300 …