Offering ammunition to agents who argue that iBuyers are often deceptively expensive, a new study by real estate data analyst Collateral Analytics has determined that the typical cost of using an iBuyer ranges between 13 and 15 percent. Entitled “iBuyers: A new choice for home sellers but at what cost?” the study conflicts with claims […]

Red Rock Resorts’ executives are confident renovation projects at Palace Station and the Palms will pay off. Steve Cootey, executive vice president and chief financial officer for the parent company to Station Casinos, told investors during a call Tuesday afternoon that the two properties have already been seeing “significant revenue growth,” and have been attracting […]

Overall strong performances from its Las Vegas properties helped Wynn Resorts to a 3.3% increase in operating revenues during the second quarter, according to the company. “Wynn Las Vegas had an excellent quarter executing our strategy,” said Matt Maddox, the company’s CEO, during a conference call on Tuesday. For the quarter that ended June 30, […]

Summerlin, a tony master-planned community in Las Vegas, is a self-contained serene suburb that loves the great outdoors and acts like a city slicker.  The community, which opened in 1991, sits on 22,500 acres, and according to the 2010 census, is home to some 100,000 residents.  It was ranked No. 3 in RCLCO Real Estate […]

Caesars properties in Las Vegas recorded a good second quarter, according to an earnings breakdown released today. The company reported a 6.3% year-over-year increase in hotel revenue in Las Vegas for the three-month period that ended June 30, along with a 6.2% jump in revenue per available room. In a statement, Caesars CEO Tony Rodio […]

On his first day at work, when the Raiders stadium was little more than a dirt lot, Andy Nelson stood where the end zone will be and did his own touchdown celebration. He’s a plumber working on the stadium, a born-and-raised Las Vegan, and he’s been a Raiders fan since he was a boy. It […]

Del Webb, the developer of the 55-and-over Sun City communities, has unveiled plans for its first project in the Las Vegas Valley in more than a decade. The developer said Tuesday it expects to break ground in November on Del Webb at Lake Las Vegas, a 125-acre gated community in Henderson. The 55-and-over project will […]

Walking the north end of the Strip offers close-up views of the under-construction Resorts World Las Vegas, the unfinished former Fontainebleau, and other high-rises. If all went according to plan, visitors — by now — would also see an arena with a retractable roof and a five-star hotel developed by ex-NBA player Jackie Robinson. But […]