Las Vegas new homebuilders are optimistic about the market after recording their best three-month stretch since interest rates started rising in 2022.
New Homes
Today, Lake Las Vegas celebrates the grand opening of Verona by Taylor Morrison, a neighborhood of 124 two-story floor plans in the award-winning master plan.
In the master-planned community of Summerlin, residents place great value on the community’s outdoor lifestyle and its beautiful natural surroundings.
Among the features of Solaris homes are the Sunnova solar panels, which are included with every home. Each homebuyer owns the solar panels so there are no lease fees to consider.
The Nevada State Apartment Association (NVSAA) and its members came together to serve more than 340 meals during dinner service at the Las Vegas Rescue Mission.
The new-home luxury market, led by demand for uber high-end estates, continues its strong run in Las Vegas and shows no signs of slowing in 2022 despite rising prices and mortgage rates that could be felt by the industry as a whole.
Lennar leaped to the top spot in the builder rankings as overall net sales recorded their second highest total during the first quarter since 2018 as the northwest valley led the way in new-home sales and prices continue to set records.
Lennar Homes topped the annual Home Builders Research list as the top seller of homes in Southern Nevada in 2018.
Southern Nevada homebuilders finished 2018 on an upbeat note and the year’s closings turned out to be the strongest since the Great Recession. Prices also set a record for single-family homes, creating an opening for more affordable attached housing.
The Las Vegas Ballpark in Summerlin will be another amenity that attracts people to the master-planned community that moved up to No. 3 in the nation in 2018 in terms of sales.
Summerlin, which was as low as 25th in the nation in 2011 with 221 sales, has steadily climbed back up the rankings since then. It reported 437 sales in 2014 when it was 15th in the nation and jumped back into the top 10 in 2015 and has stayed there since. It had 769 sales in 2016.
Lennar Homes topped the annual Home Builders Research list as the top seller of homes in Southern Nevada in 2018.
Las Vegas dominated the national scene for 2018 new-home sales in master-planned communities like it hasn’t done in more than a decade by placing four in the top 21, according to rankings released by two real estate consulting firms.
A lot has changed with Las Vegas home design since the rebound of the housing market following the Great Recession, and it’s caught the attention the building industry in the West.
The potential for a recession in 2020 and 2021 will slow the nation’s housing market, but Las Vegas is well-positioned to weather that this time around, according to California experts who track the Southern Nevada marketplace.
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