When the nest goes empty, retirement starts to call and general home maintenance can become a tedious task, that’s why it’s easy to understand why adults aged 55 and better are ready to make a change in where they live. If you’re ready for a low-maintenance lifestyle, then you need to explore Terra Bella, Lennar’s new active-adult community designed exclusively for 55-plus individuals.
New Homes
This year, Southern Nevada Home Builders Association have created doghouses to help raise money for its No. 1 charity, HomeAid of Southern Nevada. Traditionally, the trade group builds playhouses for children. This year, they opted for what they call “Barkitecture.”
“Pardee was actually building midcentury modern homes in Vegas in the 1950s,” said Klif Andrews, Division President of Pardee Homes. “We’re reaching back, reviving some of our own history.”
Retirees have been a player in the local economy for decades, but the breed of retiree has shifted over the course of the years. Sure, there’s always that snowbird looking to avoid harsh winters, but California has now overtaken the conversation as the largest feeder market for the Silver State. Simple real estate economics are driving this trend.
The nation’s 15th largest homebuilder has announced plans to enter the market and start by building single-family homes in North Las Vegas as part of its model to turn existing renters into first-time homebuyers.
The nation’s 15th largest homebuilder has announced plans to enter the market and start by building single-family homes in North Las Vegas as part of its model to turn existing renters into first-time homebuyers.
Southern Nevada homeowners, who install photovoltaic solar panels on their rooftops, can harvest the abundant sunlight that shines on the Mojave Desert more than 300 days a year to generate electricity for their homes and even for their personal transportation.
Southern Nevada master-planned communities continue to lead the way in new home sales and that trend shows no signs of slowing as the newer developments start to take off in the valley.
Southern Nevada master-planned communities continue to lead the way in new home sales and that trend shows no signs of slowing as the newer developments start to take off in the valley.
Large homebuildng companies in Las Vegas and beyond, along with commercial developers looking to fan out to the Pahrump Valley, could find available water resources in the valley, despite a recent order by the state engineer to restrict domestic well drilling in the unincorporated town some 60 miles west of Las Vegas.
When you’re in the market for a $1 million home and looking into how to get a mortgage, you’re in luck. Current mortgage rates on jumbo loans have reached historic lows. In fact, the U.S. Bank rate on a jumbo loan — classified as more than $424,100 for 2017 — was just 3.625 percent for a 15-year fixed mortgage and 4.125 percent for a 30-year fixed mortgage as of Dec. 7. Jumbo home loans generally require putting up to 20 percent down on your purchase and making sure your monthly mortgage payment doesn’t exceed 43 percent of your income before taxes.
A private residence at ASCAYA has received the community’s first American Institute of Architects (AIA) design award. Architect and designer Daniel Joseph Chenin received a citation award for design excellence in the Unbuilt Architecture category for his ASCAYA design at the 2017 AIA Nevada Design Awards.
The Southern Nevada Home Builders Association and its HomeAid Southern Nevada chapter installed their 2018 slate of officers and directors during the Installation and Awards Luncheon, sponsored by CAMCO, on Dec. 7 at the Four Seasons Hotel.
New home closings are on the upswing in Southern Nevada and should finish the year ahead of the 2016 pace.
Lennar Corp. announced the planned acquisition of CalAtlantic Group Inc. at the end of October, a deal expected to create the nation’s leading homebuilder upon closing.
Students from University of Nevada, Las Vegas traveled to Denver to compete in the U.S. Department of Energys Solar Decathlon 2017, where UNLV Team Las Vegas achieved a first place ranking in the Innovation part of the 10-event decathlon, awarded 98 points out of 100 points for that category.