The deal’s acreage and dollar amount were on par with, if not higher than, recent full-year land sales totals in the community.
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Southern Nevada communities were among the top-selling spots in the nation for homebuilders last year despite the valley’s badly battered economy.
Summerlin is ripping out turf along Summerlin Parkway in favor of desert landscaping, marking one of the bigger such conversions in the ever-expanding, drought-stricken Las Vegas Valley.