You can contact the Regional Flood Control District that can tell you if your home is in a designated flood zone.
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As site preparation continues, a $1 billion resort-style condominium project in MacDonald Highlands in Henderson has announced it has 48 contracts totalling $260 million and will go vertical with the project in December.
LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during July was $450,000. That’s up 2 percent from June, but down 3.2 percent from $465,000 in July of 2022. Local home prices are still below the all-time record of $482,000 set in May of 2022.
Tri Pointe Homes has five communities recently opened or scheduled to open by end of year.
The master-planned community of Summerlin, totaling 35 square miles and stretching for 15 miles along the western edge of the Las Vegas Valley, is known for spectacular views given its higher elevation and geographic position.
Southwest Gas announced the donation of 20 water heaters to Rebuilding Together Southern Nevada, a nonprofit organization that provides critical home repairs to low-income seniors, veterans and individuals with disabilities.
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.
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.
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.