The new-home construction market in Las Vegas posted its strongest third quarter since 2007 and shows no signs of slowing down as 2019 comes to a close with a chance to equal last year after a slow start.
California-based American Homes 4 Rent, which has already acquired, renovated and leased single-family homes in Las Vegas, has made its first move to what it has also done in some other markets — build single-family homes to rent like it has in 14 other markets.
The proximity to outdoor recreation areas has helped fuel home buying in the northwest valley that in turn has created a built-in audience that’s spurring expansion and improvements in the resort industry in the nearby mountains.
There’s a significant and sudden shift in the landscape of the Southern Nevada new-home market that shows no signs of slowing over the next several years.
A year after it opened, the Clubhouse at Reverence in Summerlin took home two Silver Nugget awards.
Retirees account for about 26 percent of the area’s approximately 2 million residents, meaning more than 600,000 people in Vegas are over the age of 55.
Aptly named Shadow Point, Toll Brothers’ new community is nestled under the shadow of the Spring Mountains. Using natural materials and layering textures, the Eclipse Elite model home’s kitchen reflects the beauty of the surrounding landscape.
Richard Plaster has seen Las Vegas grow up as a city over the last 45 years, and his legacy is helping make that happen.
Retirees account for about 26 percent of the area’s approximately 2 million residents, meaning more than 600,000 people in Vegas are over the age of 55.
New home sales in the four leading master-planned communities in Las Vegas are down during the first six months of 2019, but builders and analysts said they wouldn’t be surprised if they finish the year even or ahead of 2018.
New home sales in the four leading master-planned communities in Las Vegas are down during the first six months of 2019, but builders and analysts said they wouldn’t be surprised if they finish the year even or ahead of 2018.
Early this year, California-based architect sparked ire and even some agreement among Las Vegas home designers and builders when he criticized the residential architectural landscape of Southern Nevada.
Summerlin and Inspirada led the way in master plan net sales during the first quarter of 2019, according to data released by Home Builders Research. Net sales for the quarter overall were down 19 percent compared to a robust 2018 but similar to 2017.
Lennar Homes topped the annual Home Builders Research list as the top seller of homes in Southern Nevada in 2018.
During the first week of this year, KB Home unveiled a new model within Inspirada, a Henderson master-planned community, that highlighted a theme: “Where tomorrow lives.”
