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New Homes

Four Las Vegas master plans rank high in sales

Summerlin recorded the biggest increase of home sales in the nation among master plans during the first half of 2018 and has reached No. 3, and three other Southern Nevada communities were ranked in the top 20.

Experts say downtown needs more housing

There’s definitely interest in downtown housing. The city of Las Vegas hosted a residential fair in April that brought out developers and prospective buyers and renters who want to live downtown.

Vegas trades Tuscany for modern

The design of luxury homes in Las Vegas has evolved over the years and the latest movement has been away from Mediterranean-style that has dominated the landscape to a more modern look that is more symbiotic with the desert.

Local homebuilders find post-recession footing

When the Las Vegas real estate market cratered during the Great Recession, all lenders and homebuilders took their lumps. For local builders, some of whom who had spent decades as prominent players and contributors to the local community, the sting could be felt even more deeply.

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Local builders in the doghouse for a good cause

This year, Southern Nevada Home Builders Association have created doghouses to help raise money for its No. 1 charity, HomeAid of Southern Nevada. Traditionally, the trade group builds playhouses for children. This year, they opted for what they call “Barkitecture.”

Celebrating midcentury architecture

“Pardee was actually building midcentury modern homes in Vegas in the 1950s,” said Klif Andrews, Division President of Pardee Homes. “We’re reaching back, reviving some of our own history.”

Number of retirees choosing Nevada increases

Retirees have been a player in the local economy for decades, but the breed of retiree has shifted over the course of the years. Sure, there’s always that snowbird looking to avoid harsh winters, but California has now overtaken the conversation as the largest feeder market for the Silver State. Simple real estate economics are driving this trend.

LGI Homes enters Las Vegas housing market

The nation’s 15th largest homebuilder has announced plans to enter the market and start by building single-family homes in North Las Vegas as part of its model to turn existing renters into first-time homebuyers.

LGI Homes enters Las Vegas housing market

The nation’s 15th largest homebuilder has announced plans to enter the market and start by building single-family homes in North Las Vegas as part of its model to turn existing renters into first-time homebuyers.

Rooftop solar rebounds; still faces challenges

Southern Nevada homeowners, who install photovoltaic solar panels on their rooftops, can harvest the abundant sunlight that shines on the Mojave Desert more than 300 days a year to generate electricity for their homes and even for their personal transportation.

Research firms rank local master plans

Southern Nevada master-planned communities continue to lead the way in new home sales and that trend shows no signs of slowing as the newer developments start to take off in the valley.

Research firms rank local master plans

Southern Nevada master-planned communities continue to lead the way in new home sales and that trend shows no signs of slowing as the newer developments start to take off in the valley.

Pahrump Valley to continue development despite domestic well order

Large homebuildng companies in Las Vegas and beyond, along with commercial developers looking to fan out to the Pahrump Valley, could find available water resources in the valley, despite a recent order by the state engineer to restrict domestic well drilling in the unincorporated town some 60 miles west of Las Vegas.

How to get a mortgage for $1M or more

When you’re in the market for a $1 million home and looking into how to get a mortgage, you’re in luck. Current mortgage rates on jumbo loans have reached historic lows. In fact, the U.S. Bank rate on a jumbo loan — classified as more than $424,100 for 2017 — was just 3.625 percent for a 15-year fixed mortgage and 4.125 percent for a 30-year fixed mortgage as of Dec. 7. Jumbo home loans generally require putting up to 20 percent down on your purchase and making sure your monthly mortgage payment doesn’t exceed 43 percent of your income before taxes.

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