Recently, the Federal Reserve raised interest rates by a quarter point. With up to six more rate increases earmarked through the end of the year, homeowners with an adjustable rate mortgage (ARM) will likely begin scrambling to convert to fixed-rate loans, while new homebuyers will jump on purchasing a home sooner rather than later to lock-in lower loan rates. Here are a few things homeowners should know about fixed-rates v. ARM.
United Construction Co., a general contractor and design-builder serving Northern and Southern Nevada industrial and commercial markets, has named Edward “Ed” Morgan as their new chief financial officer, beginning March 7. This announcement comes as UCC’s beloved CFO Brad Breach announces his retirement after 35 years of professional service to the company.
Two of the valley’s most popular fitness events — Tour de Summerlin and the Summerlin Half Marathon — return April 23 to Summerlin after a two-year hiatus.
Cadence, a 2,200-acre planned community in Henderson, kicked off 2022 ranking in the top 10 best-selling master-planned communities in the U.S. according to John Burns Real Estate Consulting and RCLCO. Beyond national recognitions and strong sales, the Cadence community continues to blossom in 2022.
As Brandon Roberts settles two months into his one-year term as president of the Las Vegas Realtors association, the valley’s resale home prices show no signs of slowing from record highs. Roberts said that’s not sustainable and something will have to give.
With scores of homes under construction in nearly 20 neighborhoods throughout Summerlin, more women are taking an increasingly active role in shaping one of America’s premier communities.
The master-planned community of Summerlin offers nearly 120 unique floor plans in 20-plus neighborhoods throughout nine distinct villages and districts.
The population growth from California and other Western states is so strong that the demand for new homes in Las Vegas could deplete the valley’s buildable land by the early 2030s unless Congress passes a lands bill to make more acres available for development, according to the Southern Nevada Home Builders Association.
Prepare for the ultimate day of fitness and outdoor fun with the return of Skye Canyon’s Fit Fest on March 5. Runners ranging from novices to trailblazers to those seeking a stroll with family and friends will find the road race that is perfect for their stride. Racer registration is open at skyecanyon.com/fit-fest with discounts for Skye Canyon residents and veterans.
The Howard Hughes Corp., developer of Summerlin, which includes Downtown Summerlin, the community’s vibrant, walkable urban core, including Las Vegas Ballpark, home of the Las Vegas Aviators, offers new enhancements to its app developed in 2019. Designed as the community’s go-to resource for events, exclusive offerings, and more, the app and its new additions exemplify Summerlin’s commitment to innovation technology and an exceptional visitor experience.
Moving Our Community program is the the local philanthropic initiative of Move 4 Less. Owners of the family-owned moving company have been moving people in need for free to their new homes throughout the city since the pandemic began.
Summerlin has long been recognized for its environmental stewardship marked by its focus on water conservation, preservation and incorporation of natural areas into arroyos and parks, revegetation of open areas and special lighting to reduce nighttime glare and light pollution — to name just a few of its earth-friendly initiatives.
KTGY, a full-service architecture, branding, interior and planning firm focused on residential, retail, hospitality and mixed-use developments, earned 16 prestigious awards, including two Platinum and six Gold awards at the recent National Association of Home Builders’ (NAHB) awards events: Best in American Living Awards, The Nationals, Best of 55+ Housing Awards and the Multifamily Pillars of the Industry Awards. The awards recognize KTGY’s wide range of capabilities, excellence and innovation in the design and planning of attached and detached single-family and multifamily residential communities.
A recent Las Vegas Realtors report shows the new year did little to change the trajectory of the local housing market, as home prices reached another record high amid a historically tight supply.
The new board president of the Southern Nevada Home Builders Association is bullish on 2022 coming off the best year for Las Vegas builders since 2006.
