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Cadence bucks national trend of declining sales

Cadence in Henderson bucked the trend of master plans across the country shedding sales in the first half of 2022 by finishing No. 7 in the nation, according to midyear rankings.

This $8M home was July’s top sale in the valley

The most expensive home sold in July was on Promontory Ridge Drive in The Ridges in Summerlin for $8 million. It measures 12,345 square feet with six bedrooms, 7¼ baths and a four-car garage.

Five things that may affect your home’s value during an appraisal

When it comes to getting the most out of the appraisal process, preparation is key. It’s also important to understand that appraisers are focused on the condition, function and features of the home to ensure the property is appraised at full market value.

Law says HOA president can be removed from office

Nevada Revised Statute 116.31036 pertains to the removal of a director. A director can be removed with or without cause.

Summerlin awards college scholarships to residents

The Summerlin Children’s Forum recently awarded four college scholarships to outstanding high school graduates who are residents of the community.

This Las Vegas housing market is correcting not crashing

It’s shocking how fast things change in the local real estate market. Is it time to accept that the housing bubble has officially burst and we’re headed for another collapse like 2007-2008? I can see the eager investors now, licking their chops and rubbing their hands together excited, waiting for values to crash so they can swoop in and cash in on deals, like before. Well, don’t begin to drool yet expecting a crash; I think a housing correction is what we’re witnessing.

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Investors consider multifamily, commercial real estate

Multifamily real estate rent amounts continued to increase during that same period, and home values at sale continue to trend up, meaning profits continued to climb for investors.

REAL ESTATE BRIEFS AUG. 6

Tri Pointe Homes, one of the largest homebuilders in the US and a leader in green building for more than 20 years, has announced advancements in LivingSmart, the company’s comprehensive program involving the development, construction and ongoing operation of high-performing homes that offer cost-savings and a better environment for those who reside in them.

2022 Best of Summerlin winners announced

Summerlin announces its 2022 Best of Summerlin winners — all the places, people and things people love about the community that spans the valley’s western rim.

HOA vice president has right to hear complaint against him

If the president wants to review the complaint with the full board, the president should call for a formal hearing. The president should not be judge and jury.

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