Despite rising mortgage rates slowing new and existing home sales, a housing expert told the Southern Nevada homebuilding industry that’s temporary and with 6,000 people moving to Las Vegas a month, there could be a housing shortage within the next one to two years.
If tomorrow’s big game has you dreaming about the perfect gathering space to watch and celebrate with friends and family, look no further than the master planned community of Summerlin, where new homes by the nation’s top homebuilders feature an array of beautifully designed great rooms.
For Summerlin residents there are many opportunities to stay active, thanks to the community’s abundant recreational amenities.
Lennar took over the top spot in new-home sales in 2022 in Southern Nevada as builders increased their market share for the second consecutive month compared to existing home sales.
KB Home’s new Talus at Kyle Canyon community is a gated master plan situated in highly desirable northwest Las Vegas.
Sales in Las Vegas master-planned communities took a bigger hit than the nation as a whole in 2022 amid rising mortgage rates but the valley managed to have three ranked in the top 25 and five in the top 50.
In an industry in which women don’t often ascend to the highest ranks, Nicole Bloom wants her term as the third-ever female president of the Southern Nevada Home Builders Association to empower fellow women to make it a career like she’s done.
Summerlin, a development of The Howard Hughes Corp., is Nevada’s highest-ranking master-planned community on the 2022 best-selling list, according to RCLCO, a national real estate consultant that has been ranking master plans since 1994.
Downtown Summerlin, the vibrant urban core of the Summerlin master-planned community, is once again honoring Southern Nevada’s rich Asian heritage with its annual Lunar New Year parade on Jan. 22 along Park Centre Drive.
Summerlin continued its decadeslong trajectory in 2022, capping off a year of milestone development in Downtown Summerlin, the community’s urban core with annual visitation exceeding 20 million.
Henderson is the No. 17 growth city in America, according to the U-Haul Growth Index analyzing customer moves during 2022.
This December, the Southern Nevada Home Builders Association and HomeAid Southern Nevada gathered professionals working in all facets of the homebuilding industry at its yearly luncheon.
Summerlin residents are once again encouraged to recycle their real Christmas trees once the holidays are over. In partnership with Springs Preserve, the UNLV Rebel Recycling Program and dozens of other local conservation organizations, the annual Christmas Tree Recycling Program returns to the community, Dec. 26 through Jan. 15.
The Las Vegas new-home market is expected to see 30 percent fewer net sales compared to 2021 when the final numbers are crunched by the end of January, but builders hope population gains will boost the marketplace even as mortgage rates remain elevated for now.
The holidays are especially merry and bright this year at Downtown Summerlin.
