New numbers released show a huge jump in the number of homes sold in Las Vegas. The Greater Las Vegas Association of Realtors says the number of homes sold jumped 181-percent in September, compared to the same time last year. The association indicates that home sales were high due to lower selling prices. The median price of [...] [...more]
Glen, Smith & Glen Development is seeking entitlements for a planned $1 billion, 40-acre mixed-use project in Henderson. The property is near Stephanie Street and Wigwam Parkway, adjacent to a city-owned 100-acre former gravel pit that will soon become a park. GSG acquired the land in spring 2007 for $51 million from KB Homes, which [...] [...more]
An estimated 700 owners of homes in the Sun City Summerlin Community in Las Vegas can join in a constructional defect suit, the Nevada Supreme Court has ruled. They are part of a group of 1,200 owners that have sued on grounds effects exist in the exterior stucco of their residences. The developers, including Del Webb Communities, [...] [...more]
Pardee Homes was among the first home builders to open within the master-planned Mountain’s Edge community with its Montelano neighborhood in late 2004. Today Pardee continues as a trailblazer at Mountain’s Edge, where the builder recently opened its sixth new home neighborhood. “Pardee Homes has been building in Southern Nevada for nearly 60 years, and we’re [...] [...more]
Residents living on a historic golf course here in Las Vegas may have to say goodbye to its lush green lawns and sand traps. Investors bought the property last year and want to build houses on it. But people who live they they’ll fight the developers tooth and nail before they let that happen. Many of the [...] [...more]
Centex Homes is offering fully landscaped, fully furnished model homes with upgrades. It’s the Centex Homes Opportunity Knocks event. “While other builders are offering hard-to-understand sales and complicated financing packages, the Centex Opportunity Knocks event couldn’t be easier. Starting September, buyers can purchase a professionally decorated Centex Home in North Las Vegas with pricing that is just [...] [...more]
No metropolitan area has seen prices fall as much in the past year as in Las Vegas. That’s the latest, according to the S&P/Case-Shiller U.S. National Home Price Index, which looks at 20 cities across the country. Las Vegas recorded a 28.6 percent decline in the past year, according to most recent survey. That barely surpasses Miami, [...] [...more]
Thousands of valley homes are sitting vacant because of foreclosures. Las Vegas city leaders are taking notice of the problem and its impact on neighborhoods. A meeting on the foreclosure crisis got underway at 5:30 p.m. at the Centennial Hills Community Center near Buffalo and Deer Springs. While foreclosures are hurting many valley residents and neighborhoods, [...] [...more]
Sales of existing homes rose in July, surpassing expectations, as buyers snapped up deeply discounted properties in parts of the country hit hardest by the housing bust. However, the number of unsold properties reached an all-time high, the latest indication that the worst housing slump in decades is far from over. The National Association of Realtors reported [...] [...more]
Pardee Homes, the developer of Eldorado planned community, has opened the Horizon neighborhood in Eldorado Highlands, one of five communities offered by the builder in North Las Vegas. “Pardee Homes has been offering communities in North Las Vegas for many years and continues to offer a variety of new home designs — from entry-level homes to [...] [...more]
