Lennar Homes topped the annual Home Builders Research list as the top seller of homes in Southern Nevada in 2018.
Buck Wargo is a former journalist with the Los Angeles Times and Las Vegas Sun. Today, he’s a freelance business writer covering a range of issues from gaming to development and real estate for publications across the country, including Las Vegas. Born near Chicago, he graduated from the University of Texas at Austin with a degree in Middle Eastern Studies. He has worked in the Middle East as a foreign correspondent. He currently lives in Las Vegas.
Southern Nevada homebuilders finished 2018 on an upbeat note and the year’s closings turned out to be the strongest since the Great Recession. Prices also set a record for single-family homes, creating an opening for more affordable attached housing.
The Las Vegas Ballpark in Summerlin will be another amenity that attracts people to the master-planned community that moved up to No. 3 in the nation in 2018 in terms of sales.
Summerlin, which was as low as 25th in the nation in 2011 with 221 sales, has steadily climbed back up the rankings since then. It reported 437 sales in 2014 when it was 15th in the nation and jumped back into the top 10 in 2015 and has stayed there since. It had 769 sales in 2016.
High-rise condo resales at the Waldorf Astoria in City Center dominated the highest end of the luxury market in 2018 as that sector remains stronger than the housing market as a whole.
It’s only fitting that an award-winning, luxury Henderson home made for a big game party with its rooftop deck and views of the Strip, and where a fantasy football show was recorded for television, is on the market for $5.9 million.
It’s only fitting the film “Casino” was playing on the living room big screen as prospective buyers toured the former Las Vegas home of Chicago mob enforcer Tony Spilotro.
Golden Knights goalie Marc-Andre Fleury, who agreed to a lucrative contract extension in July, has put his custom Southern Highlands home on the market for $2.5 million and acquired another home in the valley.
Richard and Tonia Birt wanted to experience nature in their daily lives. They did that 13 years ago by building a log cabin home in Cold Creek Canyon, about 45 minutes northwest of Las Vegas.
The potential for a recession in 2020 and 2021 will slow the nation’s housing market, but Las Vegas is well-positioned to weather that this time around, according to California experts who track the Southern Nevada marketplace.