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April sets record for 2024 new home sales

The Las Vegas new-home market recorded its best month of the year for the number of net sales per week as buyers continue to purchase, especially attached products, despite elevated mortgage rates.

Payment portals on HOA websites not required

Under SB 378, an association will no longer be forced to utilize an online payment portal for association payments.

Summerlin offers age-qualified communities

Heritage by Lennar, is located in the village of Stonebridge and has three remaining single-family detached homes available that range from 1,232 square feet to 1,422 square feet, priced from the $500,000s.

THE LATEST
Las Vegas Trilogy communities to debut new homes

Las Vegas is known for its seemingly endless list of things to do, world-class entertainment and dining, but it’s also a place with 315-plus days of sunshine a year, state and national parks and many outdoor activities — from canyons to lakes and beyond. Two resort-style 55-plus communities offered by Trilogy by Shea Homes in the Las Vegas area continue to inspire interest and excitement from homebuyers seeking a blend of outdoor living, adventure, wellness and happiness.

 
$12.5M Summerlin mansion built as a showcase for art

The art of displaying art is masterfully orchestrated in Graeme Laronge and Alice Chen’s custom estate located in Indigo at The Ridges.

REAL ESTATE BRIEFS: MARCH 5

Moderne at Centennial, a 14-acre build-to-rent community situated in North Las Vegas at North 5th Street and West Centennial Parkway, was sold to RSE Capital Partners for $80 million. Moderne Communities, a real estate investment and development company based in Scottsdale, Arizona, purchased the land in 2019 and started construction on the gated community that includes 185 rental homes and community amenities in spring 2020. The sale to RSE Capital for $80 million closed Feb. 24.

BHHS Nevada Properties holds 2021 sales awards event

Berkshire Hathaway HomeServices Nevada Properties has announced its 2021 sales achievements. The company closed 15,745 units and completed a record-breaking $9.3 billion in real estate sales in 2021, a $2.2 billion increase over its $7.1 billion in real estate sales volume in 2020.

Homeowners did not know about new HOA rule

The question now is whether your association had the authority to establish this rule without the approval of the master association’s consent.

Months’ supply key indicator for market behavior

While you have probably heard a wide range of methods that industry professionals use to foresee a market downturn, the most accurate predictor of market behavior that I have seen in my nearly two decades of selling homes is months’ supply.

 
Outdoor kitchens smaller but more packed with more luxury

Whether having close friends over or hosting a large social gathering, a well-designed exterior elevates the backyard into the perfect entertainment retreat.

Poorly conceived SB 186 will cost unit owners money

SB 186 is awful. Truly, it is the worst bill affecting common-interest communities the industry has seen in a while. This legislation will cost unit owners money. It is a bill that is poorly conceived and disregards mutual interests that are shared by both unit owners and associations.