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The year 2021 was another one for the record books for The Howard Hughes Corp. and its Summerlin master-planned community with a number of milestone developments that include continuing evolution and growth of Downtown Summerlin as the community’s urban core and one of the valleys most popular dining/retail/entertainment/sports destinations, record home sales via the nation’s top homebuilders, expansion into Summerlin West — the newest area under active development, and the addition of new major amenities throughout the community.

Cadence, a 2,200-acre master-planned community in Henderson, continues its growth, adding a new neighborhood by Richmond American Homes.

Newmark 1 sells Lyric Apartments for $135.2M

While dramatically low mortgage rates made it possible for many first-time homebuyers to purchase a home this year, rates have started to rise and experts expect they’ll increase further in 2022. Higher rates will increase monthly mortgage payments, tightening budgets for the 48 percent of Las Vegas homebuyers who have been saving for a new home for one to three years.

As is tradition, residents of the master-planned community of Summerlin are encouraged to recycle their real Christmas trees once the holidays are over. In partnership with Springs Preserve, the UNLV Rebel Recycling Program and dozens of other local conservation organizations, the annual Christmas Tree Recycling Program returns Dec. 26 through Jan. 15.

Jade is a 2021 construction midrise community comprised of 287 units located off the Las Vegas Strip. The community embodies luxury living, offering superior unit interior finishes and a robust resident amenity package.

In December, the Southern Nevada Home Builders Association and HomeAid Southern Nevada collected industry associates at its annual luncheon to officiate the newest board members for the 2022 year.