Luxury Realtor Ivan Sher with the Shapiro & Sher team of Berkshire Hathaway Home Services Nevada Properties talks about the Las Vegas luxury real estate market. For the full story see https://www.reviewjournal.com/real-estate-millions/luxury-homes-sales-2015.
Located in the exclusive gated SouthShore Country Club in Lake Las Vegas, Salerno Summit is the newest neighborhood by Richmond American Homes, offering refined single- and two-story residences in resort-style community.
For the last few years, many homeowners have felt like they were holding a winning hand, a 2 to 3 percent mortgage rate that seemed too good to ever give up. And honestly, who could blame them? Those rates were historic. The average 30-year fixed mortgage rate fell below 3 percent in 2020 and 2021, a level that has only occurred briefly in United States history and has since more than doubled, with rates hovering in the low to mid-6 percent range through late 2025.
For homebuyers craving flexibility, simplicity and a lock-and-leave lifestyle, the Summerlin master-planned community now offers a growing selection of low-maintenance homes in nine neighborhoods.
Telling a refined design narrative is possible for any homeowner willing to be intentional. Luxurious interiors never feel thrown together because, when well-executed, the environment results from the deliberate use of cohesive design principles and attention to personal details. Rooms have a sense of balance, harmony and, most of all, personality. The best part is that this approach does not have to cost a fortune.
While the Summerlin master-planned community is easily regarded as one of the best places to live in Southern Nevada, its office buildings and business parks also make it one of the best places to work, offering scores of opportunities to work close to home.
Aaron Hirschi is the regional manager of KB Home and the new Southern Nevada Home Builders Association president. He said he expects a rebound in the new-home market in 2026 after a decline this year.
Within Summerlin’s residential sector, 2025 saw the opening of 10 new neighborhoods offering dozens of new floor plans, and the close-out of six neighborhoods.
D.R. Horton and Lennar tied as November’s top-selling builders with 92 net sales as Las Vegas builders have taken out their fewest number of permits in a decade and cut back on land purchases last month.
Summerlin residents are once again 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.
