Demand for Vegas ultra luxury remains strong

Despite a national report that highlighted luxury listings in Las Vegas fell 36 percent during the second quarter — the largest decline in the nation — the valley’s luxury market continues to remain elevated in the ultra luxury category as evidenced by former MGM Resorts International CEO Jim Murren’s Summerlin home under contract after being listed for $17.75 million.

Cadence has good showing in midyear sales

The second quarter of 2023 provided a bit of a rebound for builders compared to a year ago. There were 2,930 net sales in the April through June period, a 15.7 percent increase over the 2,531 in the second quarter of 2022. The net sales were also up 9.7 percent from the 2,669 in the first quarter.

Southern Highlands remodel lists for $1.4M

An estate reimagined to feature the only custom design of its kind in the Foothills community of Southern Highlands has hit the Las Vegas market for $1,399,900.

Tri Pointe opens town homes in Summerlin West

Joining the lineup of new-home neighborhoods in the master-planned community of Summerlin is Vertex by Tri Pointe Homes.

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