Statistics
July 12, 2012
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 …
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July 10, 2012
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 …
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June 14, 2012
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 …
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June 4, 2012
A pilot program launched Friday in Nevada aims to help struggling homeowners reduce loan amounts and refinance if they are current on their mortgage payments but owe more than their homes are worth.
There are thousands of such Homeowners in Las Vegas, Henderson and Clark County.
Under the program announced by …
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June 2, 2012
In Las Vegas and Henderson, short sales are catching up with foreclosures. Nearly 30 percent
of existing home sales in April were short sales compared with 25% in March reported the Vegas Association of Realtors.
Meanwhile, bank-owned home sales declined 36.9% in April, down from 40.7% in March.
The …
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May 30, 2012
Prices, however, were unchanged in Las Vegas. The increase is the latest evidence of a slow recovery
taking place in the housing market.
The Standard & Poor's/Case-Shiller home price index shows that prices rose in 12 of the 20 cities tracked.
Three of the weakest markets showed signs …
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May 25, 2012
Median prices have risen and are expected to inch up over the next few months.
347 sales in April are a 34.7 percent increase from the same month a year ago, according to Home Builders Research.
Builders are seeing more traffic through new home sub-divisions as resale inventory has tightened, a …
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May 23, 2012
Americans bought more previously owned homes in April, a hopeful sign that the housing market is
gradually improving.
The National Association of Realtors said that home sales rose 3.4 percent last month to a seasonally
adjusted annual rate of 4.62 million. Home sales have rebounded after falling in …
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May 19, 2012
A couple of forward-looking indicators for the construction industry are showing rough times
ahead, which means that Las Vegas and Henderson won't see any of the 60,000 lost construction jobs coming back soon.
The backlog of projects on the books for contractors nationwide declined 5.4 percent in …
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May 17, 2012
Builders broke ground on more new homes than anticipated in April, indicating the residential real
estate industry is stabilizing.
Starts rose 2.6 percent to a 717,000 annual rate from March's revised 699,000 pace, which was stronger
than previously reported, the Commerce Dept. reported Wednesday.
The median …
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