Archive for the ‘New Homes’ Category:

New Home Sales

By Lisa Lundt on February 21st, 2012
There was an article in today’s Review Journal about new home sales or, rather, the lack of them.  It posited many reasons for this which you can read if you like – here’s a link to the article: www.lvrj.com/business/las-vegas-new-home-sales-report-gloomy-139796203.html One argument the article does not make is that houses are selling for less than replacement ... [Continue Reading]

January Market Update

By Lisa Lundt on January 28th, 2010
Those who make a close study of our local housing market have made their predictions for 2010.  Larry Murphy, of RealtyTrac, a respected local housing market expert, is looking at 2010 to be similar to 2006, when there was no appreciation in house values.  In 2009, there were 5,184 new home closings, the least since ... [Continue Reading]

Home Buyer's Tax Credit Extended

By Lisa Lundt on November 6th, 2009
Both the the Senate and the House of Representatives have voted to pass legislation which includes  extending the home buyer tax credit from December 1, 2009 until April 30, 2010.  The bill extends not only the $8000 tax credit for first time home buyers, but also makes available a $6500 tax credit to current homeowners ... [Continue Reading]

New Home Prices Hit Bottom

By Lisa Lundt on November 20th, 2007
It is now possible to buy a new single family home in the Las Vegas Valley for under $200,000. In some communities houses are priced at $110 per square foot. These less expensive communities are located in all areas of the valley. ... [Continue Reading]


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