Southern Nevada homebuilders recorded their second-highest April for new-home sales over the last five years, but rising mortgage rates have slowed the momentum from the first quarter, especially with first-time homebuyers.
As summer approaches, two Summerlin traditions return to the master-planned community: the 2022 Summerlin Photo Competition; and the 2022 Best of Summerlin online vote to name all the places, people and things people love about this award-winning community that spans the valley’s western rim.
Tour de France event comes to Las Vegas
A Model Grand Opening Celebration is slated at Toll Brothers’ Everleigh neighborhood in Cadence on May 21 from 10 a.m. to 6 p.m.
D.R. Horton’s Las Vegas division has announced the opening of the recently completed Galaxy Park inside the award-winning, master-planned community of Valley Vista. Division management, North Las Vegas city officials and distinguished guests marked the opening with a ribbon cutting ceremony May 18.
The Howard Hughes Corp., developer of the Summerlin master-planned community (MPC) and its 400-acre Downtown Summerlin, announces two new leases at 1700 Pavilion, a 10-story, Class-A office building under development at Downtown Summerlin. Clark Hill International Law firm will occupy Suite 500 spanning more than 13,000 square feet; and ER Injury Attorneys will occupy Suite 530 encompassing approximately 7,300 square feet.
Touchstone Living has announced its newest community, Independence, providing first-time homebuyers an affordable and attainable path to homeownership.
A recent Las Vegas Realtors report shows local home prices continuing to climb while sales are starting to decline.
With 26 schools including public, private and charter facilities, Summerlin offers more educational choices than any other Southern Nevada community, maintaining a focus on education that has been integral to the development of the community since its inception.
The 258,858-square-foot development will contain a total of 300 units in 13, three-story and 10 two-story carriage apartment buildings.
StoryBook Homes began sales for its third neighborhood, Libretto, at Cadence, a 2,200-acre master planned community in Henderson.
Women’s History Month may be over, but the master-planned community of Summerlin continues to celebrate the accomplishments of women in its community who embody the Summerlin spirit of living their best lives, taking advantage of all the opportunities for happiness and success that the community offers.
Harmony Homes has begun sales in its second neighborhood, Quail Park, inside Cadence. Starting in the mid-$300,000s, the Southern Nevada-based builder offers two-story attached homes that are functional, stylish and designed to match the buyer’s identity.
Lake Las Vegas’ newest neighborhood, Reverie by Lennar, has opened its model homes for preview. Reverie is one of several new-home neighborhoods coming to the award-winning Henderson master plan this year, with 105 single-story homes.
The new-home luxury market, led by demand for uber high-end estates, continues its strong run in Las Vegas and shows no signs of slowing in 2022 despite rising prices and mortgage rates that could be felt by the industry as a whole.
