Homebuilders’ land purchases in Summerlin dipped in recent months amid rising prices.
Toll Brothers has acquired the vacant land at a once-bankrupt Summerlin condo complex for $10.3 million, a sale that could lead to completion of a project that was derailed as the real estate market collapsed last decade.
Plans to develop the Badlands Golf Club have divided residents in the Queensridge development, which is entwined with the course, since it was sold two years ago. The course was operational until late last year and the water stayed on until last month.
The state Supreme Court on Thursday issued two rulings bolstering homeowners associations’ ability to sell houses through foreclosure.
Las Vegas homebuilders have notched their highest mid-year sales total in almost a decade, a new report shows.
A new 55-and-over community in Summerlin is poised to sprout homes, after previous plans for the site crashed with the economy.
The public housing agency’s governing body last met before July 1, when a law took effect that shrank the commission from 13 to nine members. A series of recent city council meetings throughout the Las Vegas Valley has added three new members, but one seat remains open.
The late Kirk Kerkorian’s investment company has sold a high-rise condo on the Las Vegas Strip.
Three Southern Nevada communities rank in the top 25 nationally for new-home sales this year.