Local brands for Atlanta-based PulteGroup include Pulte Homes, Del Webb and American West.
Housing
Your No. 1 source for Las Vegas housing and real estate news.
Nevada construction employment growth led the nation last month with another Southwestern state, even as the coronavirus pandemic started shutting down the economy and hard hats lost jobs around the U.S.
People are still buying homes, and builders are still building, but the pipeline of sales is shrinking fast amid the turmoil.
The National Association of Home Builders/Wells Fargo housing market index dropped 58 percent from March to a score of 30 this month, the association reported Wednesday.
As the pandemic wreaks havoc on the economy with sweeping business closures and record job losses, delinquencies are expected to rise nationwide, a new report indicates.
In Southern Nevada, homeowners put 3,605 single-family houses up for sale last month, down 18 percent from March 2019, according to trade association Las Vegas Realtors, or LVR, which pulls data from its listing service.
The governor said during a news conference that people can still buy and sell homes, and that house hunters can still make appointments to see a property in-person if it is empty.
An emergency order by Gov. Steve Sisolak does not give tenants and homeowners a green light to live for free.
