Lennar to open Jasmine Falls today

Lennar plans to hold a grand opening 10 a.m.-6 p.m. Saturday and Sunday at Jasmine Falls in Mountain's Edge, a master-planned community in the southwest valley.

These homes all come complete with upgraded features that are included in the price of the home.

"Now homebuyers can own a brand-new, 2012 designed home with all kinds of luxury features in an excellent location," said Joy Broddle, Lennar Las Vegas sales manager. "And with special pricing during the Jasmine Falls grand opening celebration this weekend, all homebuyers can enjoy access to the affordable luxury of a Lennar home."

Priced from the mid-$100,000s, the four floor plans present 1,465 to 1,749 square feet of living space, as many as four bedrooms and 2½ baths, and two-car garages.

In addition, the Jasmine Falls community offers a community pool, two parks, plus all the amenities that the Mountain's Edge master plan offers, such as miles of walking trails, playgrounds, parks and barbecue areas.

Each home is a part of Lennar's Everything's Included program that offers money-saving green technology and brand names like Moen, General Electric and home automation by Nexia Home Intelligence. All included at no extra charge.

"We are very excited about the new floor plans that we are introducing today," Broddle said. "Our team has put a lot of energy into designing these homes for how families are living today. Families tell us they want open floor plans, extra room for storage and functional outdoor living space. We worked tremendously hard to incorporate their requests as we designed these floor plans."

Broddle said Jasmine Falls was designed to provide an affordable option for home ownership without giving up luxury features.

According to economists, rental rates are projected to grow 6.1 percent on average in 2012 and then grow higher and higher in the following years. Rental rate projection based on Axiometrics forecasts. Right now, families have the opportunity to lock in their payments at today's low rates and prices.

"With rental rates increasing and dwindling availability for first-time homebuyers to secure a resale home, there really won't be a better time to buy a new home," Broddle said. "Jasmine Falls is opening at the perfect time for buyers to still take advantage of these low prices and interest rates. If the trend continues, this could be the last opportunity to buy at the bottom of the market."

She said a payment for a brand new Jasmine Falls home is less than a payment on townhome rentals in the area.

This month, she said, if homebuyers use the builder's preferred lender, Universal American Mortgage Co. LLC., they could lock in a low monthly payment that could include homeowners association, mortgage and property insurance, taxes, plus principal and interest.

"We take care of our buyers long after they purchase their home for no extra cost," Broddle said.

Lennar provides a home warranty, customer-care program and green technology, which could save homeowners money long term on their energy bills. Savings will vary by floor plan, occupancy, appliance usage, thermostat settings and orientation of the solar electric array.

Jasmine Falls is at 10619 Orchid Gardens Road. For more information or further directions, call 877-204-4411 or visit LENNAR.com/LASVEGAS.