Investors are good for market

Q: Can you share your views on all the investors, especially foreign investors, who are buying so many homes here? There was a time that I believe many people were angry over the investor aspect of buyers, but I see that attitude changing with the decline of so many neighborhoods and investors actually now wanting to build these neighborhoods back up. — Debbie H., Las Vegas

in brief

motor sports

American West to host event

On May 6, at 5:30 p.m., American West invites Realtors and their clients to an opening event, the American West Reserve collection in Coronado Ranch for previews. Vegas real estate expert Richard Lee will unveil his newest presentation on the state of the market.

Resale Homes Report

Editor’s note: Listings include the resale home’s parcel number. Occasionally, the address listed is the home buyer’s mailing address and not the actual location of the home. Check the parcel number to make sure.

Shea Homes at Ardiente creates multifunctional space, flexibility

Most new homes today come with a standard laundry room that is used for the purpose of washing and drying clothing. At Shea Homes at Ardiente, the architects have created SmartSpace transforming the laundry room into a multifunctional room to use as a laundry room within a second office, hobby room or pet grooming room.

HORSE RACING

Post Time 11 a.m.

Get involved, run for board to change outcome

Q: For the past four years, our board has been comprised by seven members. Our president is backed by three other members and all four vote identically. The president does not live in the unit (although he is the owner of record) and we have found out that his unit in foreclosure and he is in arrears with his association dues. Lately, the president has been cancelling or not attending scheduled meetings. There are problems with maintenance of the property and our common areas are deteriorating. Still, the management company will only take direction from the president.

Montclaire by Pardee plans offer choices including den

Pardee Homes’ gated Montclaire neighborhood offers six floor plans, including the two-story plan FiveX, which measures 3,959 square feet with as many as six bedrooms and four baths, library, loft and three-car garage. Montclaire Plan FiveX is priced from $363,000.

Correction

In the “Mountain’s Edge goes Western,” article that appeared in the April 24 issue of the real estate section, a mistake was made in a photo caption. The little girl was riding a mechanical horse.

Summerlin plans desert cleanup

Valley residents are invited to join The Howard Hughes Corp., developer of Summerlin, by participating in a desert cleanup event today. Volunteers will meet at 8 a.m. at the western end of Far Hills Avenue, west of Interstate 215, the Las Vegas Beltway. The cleanup area includes several acres of undeveloped land immediately west of The Vistas village. Volunteers are encouraged to wear sturdy closed-toe shoes, gloves, sun block and dress in layers.

Lennar to hold May sales event

Lennar will hold a May sales event in its communities in the Las Vegas Valley offering financial incentives including zero closing costs and an extra $8,000 buyer bonus on all homes that close in May.

Mountain’s Edge plans event

For those who have attended Country in the Park at Mountain’s Edge since the event debuted four years ago, one of the highlights of the festival has been the choreographed music and dance performances held in the community’s Exploration Park located on Buffalo Drive.

Closing close for Ritz

Marcus and Michelle Green of New York were enjoying their stay at the Ritz-Carlton Lake Las Vegas, sitting on a grassy hillside overlooking the lake, sipping a glass of wine on a sunny Friday afternoon.

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