TITLE

No bottom in sight for local housing

AUTHOR(S)
Smith, Hubble
PUB. DATE
January 2009
SOURCE
Las Vegas Business Press (10712186);1/5/2009, Vol. 26 Issue 1, pP12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the housing market's search for a bottom amidst the decline in median home sales prices and the continuing increase of bank-owned properties in Las Vegas, Nevada. The average size of a Las Vegas home sold in November was reportedly 2,053 square feet and its price was $101.98 a square foot, while the median size was 1,829 square feet and its price was $99.51 a square foot. Residential Resources' Frank Nason says that no bottom will be reached for some time due to the economic crisis.
ACCESSION #
36086684

 

Related Articles

  • DATA POINT.  // Crain's New York Business;10/17/2016, Vol. 32 Issue 42, p0005 

    The article reports on the increase in prices of homes in Brooklyn and Queens in New York City in the third quarter of 2016.

  • Bad Signs for Housing in Price Reports.  // American Banker;6/29/2011, Vol. 176 Issue 100, p9 

    The article discusses the Standard & Poor's (S&P)/Case-Shiller index of property values, which found that the housing market is still poor, possibly affecting the ability of the U.S. economy to recover from the global financial crisis that occurred from 2007-2009.

  • CHAPTER 2: REVIVING RESIDENTIAL MARKET AND HOUSING LOANS RAISE AWARENESS: 2.1: The pick-up in the housing market shows significant heterogeneity, prices are below the equilibrium level.  // Report on Financial Stability (Magyar Nemzeti Bank);Nov2016, p15 

    The article focuses on the housing prices including information on heterogeneity observed in housing market in the Great Britain, need for continuous monitoring in order to reduce housing risk, and deviation in housing prices from estimated equilibrium level.

  • Greater Las Vegas Association of Realtors reports median home price drop. Smith, Hubble // Las Vegas Business Press (10712186);8/22/2011, Vol. 28 Issue 34, p12 

    The article reports on the decline in median home prices in Las Vegas, Nevada in July 2011.

  • Homes Overpriced? Depends. Finkelstein, Brad // American Banker;7/18/2011, Vol. 176 Issue 109, p6 

    The article reports that U.S. homes bought since 2007 which are being sold as of July 18, 2011 are overpriced by about 14 percent.

  • Some Housing Markets Finally May Have Hit the Bottom. Berry, Kate // Mortgage Servicing News;Aug2011, Vol. 15 Issue 8, p12 

    The article reports on the concern of banks and mortgage lenders that a further decrease in home prices could encourage more homeowners to walk away from their homes in the U.S.

  • Volume of Short Sales Could Lead to Lower Home Prices. Nemeroff, Evan // Mortgage Servicing News;Aug2011, Vol. 15 Issue 8, p29 

    The article presents the findings of a survey conducted by San Mateo, California based real estate company Movoto.com which revealed that short sales process in the real estate market could lead to lower home prices.

  • Making Progress. SMOKE, JONATHAN // Builder: The Magazine of the National Association of Home Builde;Oct2012, Vol. 35 Issue 10, p38 

    The article reports on the rise in home prices.

  • China home prices rose. Investor's Business Daily // Investors Business Daily;12/21/2015, pA02 

    The article reports on the rise of home prices in China in November 2015, as shown by the calculations of the international news agency Reuters in the U.S.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics