The Las Vegas new-home market recorded its best month of the year for the number of net sales per week as buyers continue to purchase, especially attached products, despite elevated mortgage rates.
New Homes
Heritage by Lennar, is located in the village of Stonebridge and has three remaining single-family detached homes available that range from 1,232 square feet to 1,422 square feet, priced from the $500,000s.
Top-ranked builder Lennar is making a splash at Cadence this summer with the opening of seven neighborhoods. The new collections include Brighton, Carlton, Preston Crest, Preston Enclave, Preston Point, Preston Terrace and Preston Village.
While the temperatures heat up, so does the activity at Downtown Summerlin, the dynamic and walkable urban core of the Summerlin master-planned community. This summer, there’s a full schedule of events and activities for the entire family.
StoryBook to open enclave
Local industry veterans have come together with a shared vision to launch note. A Mortgage Agency, providing Southern Nevada homebuyers and owners with a comprehensive array of mortgage solutions.
Now, in its 27th year, the popular Summerlin Festival of Arts returns to Downtown Summerlin Oct. 13-15, expanding from two to three days for the first time with new event hours from 9 a.m. to 4 p.m., daily.
The Cadence Car Show returns to Cadence Oct. 1 from 10 a.m. to 3 p.m., featuring classic and modern vehicles, DJ entertainment, food trucks, activities, a 21-and-older beer garden and unparalleled views of the Las Vegas Strip.
Lake Las Vegas will host INSPIRE Weekend on Sept. 23-25, an action-packed weekend of fun, wellness and sports activities to benefit local nonprofit, the Inspiring Children’s Foundation.
Las Vegas homebuilders are obtaining a greater number of permits to ramp up production but are staying on the sidelines for now when it comes to major land acquisitions for future development.
Osprey Ridge by Richmond American Homes is the newest neighborhood to open in the master-planned community of Summerlin. Situated in the district of Kestrel in Summerlin West, a growing area of the community west of the 215 Beltway that offers easy freeway access just minutes from Downtown Summerlin, the new neighborhood boasts exceptional vantage points and vistas given the area’s elevated topography.
Las Vegas set a record in May when 29.1 percent of new-home sales were attached products — primarily town homes — and that trend shows no sign of slowing as builders continue to pursue denser developments.
Aided by price increases and strong demand at the luxury level, Las Vegas recorded its highest number of new-home sales in excess of $1 million during the first six months of 2023.
More than 60 local kids, ages 8-14, received the opportunity of a lifetime on Aug. 26 to participate in a street hockey camp headlined by Vegas Golden Knight and 2023 Stanley Cup Champion, Logan Thompson.
Famed designer Bobby Berk recently joined Tri Pointe Homes in an exclusive, multiyear collaboration to bring his design-forward interiors to its nationwide clientele.
![Eagles’ Sphere strategy: High prices, high expectations](https://www.reviewjournal.com/wp-content/uploads/2024/06/19314727_web1_Eagles-5.jpg?h=80)
![Turmoil for M Resort owner Penn could affect Las Vegas-based Boyd Gaming](https://www.reviewjournal.com/wp-content/uploads/2024/06/19313624_web1_PENN-TURMOIL-JUN22-24-003e.jpg?h=80)
![Why is Mesquite growing so fast?](https://www.reviewjournal.com/wp-content/uploads/2024/06/19305099_web1_mesquitenevada.jpg?h=80)
![Family owners of beloved Vegas restaurant involved in wild lawsuit](https://www.reviewjournal.com/wp-content/uploads/2024/06/19307561_web1_NEW-LOTUS-OF-SIAM-JUL31-22-CXS-001_bcd77f.jpg?h=80)
![Report: Pending free agent says he will not re-sign with Knights](https://www.reviewjournal.com/wp-content/uploads/2024/06/19308903_web1_HKN-KNIGHTS-042724-es_015_c3c39a.jpg?h=80)