In The Press Archives

LV home prices fall to level not seen since 2003

Home-builder confidence is at a record low. Builders have dramatically reduced housing starts, pulling just 6,129 new permits in Las Vegas in 2008, a 58 percent decrease from the previous year, according to Home Builders Research. But that’s...

THE R-J GOES TO A PARTY: Hundreds turn out for Nevada Cancer Institute fundraising gala

The gala began with a reception, where guests included Kris and Tim McGarry, Lovee and Bob Arum, Andrea and Richard Gordon, Karen and Tony Alamo Jr., Patricia and Richard Wright, Karen and Morgan Cashman, Ken Lowman, Jan and Owen Nitz, Joan and...

Broker sees record sales year for ultraluxury market

There’s no credit crunch in Las Vegas’ luxury home market, broker Ken Lowman said. A retired gaming executive recently paid cash for a $5.1 million home in Promontory at The Ridges, closing escrow in six business days, the owner of Luxury ...

North Las Vegas condo project facing delays

FAST CLOSING: Ken Lowman of Luxury Homes of Las Vegas said he closed escrow on a $1.35 million condo at Turn- berry Place in two business days, his fastest closing ever. He said it usually takes 30 to 45 days to close escrow, which requires a ...

Going, going, gone: Sold for $1,000 square foot

A custom home in the exclusive Promontory at The Ridges subdivision of Summerlin sold for nearly $7.9 million, believed to set a record at more than $1,000 a square foot, broker Ken Lowman of Luxury Homes of Las Vegas said. A Washington couple...

Home slump in LV persists

Luxury home sales ($1 million or more) declined 18 percent in the first quarter to 132, but April sales jumped to 53, two more than a year ago, said Ken Lowman, owner of Luxury Homes of Las Vegas. The average price rose to $1.79 million, compar...

« Previous 1 … 7 8 9