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Vegas real estate still hot but takes first steps back to normal

Overall, Las Vegas is still one of the country’s hottest real estate markets, as people from all over the world come here to live. Real estate is a long-term appreciating asset, just make sure to set your expectations and be aware of the changing marketplace.

Historical Palm Springs estate listed for $3.5M

The first estate to introduce the two-story layout to Palm Springs in 1933 has hit the market for $3,498,000. Sandra Quinn of Berkshire Hathaway HomeServices California Properties has been selected to represent the home at 466 S. Patencio Road in the Historic Tennis Club community, one of the city’s oldest and most exclusive neighborhoods.

REAL ESTATE BRIEFS: JULY 9

Allison Wax joins Coldwell Banker as executive

Lender offers down payment assistance

Greater Nevada Mortgage (GNM), a wholly-owned subsidiary of Greater Nevada Credit Union (GNCU), is one of a select number of mortgage lenders participating in the Federal Home Loan Bank of San Francisco’s Workforce Initiative Subsidy for Homeownership (WISH) program. Through the program, eligible low- to middle-income homebuyers in Nevada may qualify for matching grants of up to $22,000 in down payment assistance.

Lake Las Vegas offers summer staycations

Through mid-July, Henderson’s only waterfront master-planned community is accepting registrations for two staycations that will be awarded in late July. Winners will spend a weekend exploring its resort-style destinations with an expansive experience designed to showcase everything the lakeside community has to offer.

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Summit mansion sells for $18.95 million

A Summit Club home that set the mark in October as the second highest sale in Las Vegas at $18.75 million has been sold again eight months later for $200,000 more than the owners paid.

Mortgage interest rates are just one factor in the market

The Las Vegas real estate market captivates and intrigues us, in part because it’s never boring! Right now, the market enjoys the confluence of continued strong demand, job creation and business diversification. Those who proclaim that prices will fall simply because mortgage interest rates have risen are ignoring the ongoing contribution of job creation and economic diversification.

Las Vegas Ballpark offers summer fun

A real-life field of dreams, Las Vegas Ballpark, home of the Las Vegas Aviators of the Pacific Coast League, is a home run — not just for the Summerlin community but for the entire Las Vegas Valley.

New water law unclear when it comes to communities

You are not the only one waiting for clarification. I think we all are waiting for direction. It is my understanding the law, which was passed last legislative session, excluded residential owners who own their own property. This would include their front and backyards. Common areas of an association would fall under the new law as to whether your common area landscape is inefficient use of grass.

Tri Pointe offers Capri at Inspirada

Located off Bicentennial Parkway in west Henderson at Inspirada, Capri is a vibrant town home community featuring four distinct modern two-story floor plans with private backyards and access to the parks and walking trails, making the Inspirada master plan a great place to live.

Lake Las Vegas retreat lists for $3.85M

Located in a private gated enclave at Lake Las Vegas, this turnkey residence offers unobstructed panoramic views that encompass the lake, the adjacent Reflection Bay Golf Course and The Village just across the water.

$4.75M SoHi mansion boasts ‘killer’ kitchen, ‘show-off’ garage

“The home is a collection of personal spaces designed to enhance how we live. We like to cook, entertain and enjoy the communal approach to family gatherings and get-togethers,” Mark Clark said. “Missy is a great cook, hence the killer kitchen.”

Tri Pointe Arroyo’s Edge in Summerlin West opens June 26

Tri Pointe Homes announces its newest neighborhood of Arroyo’s Edge, a single-family detached community in Summerlin West’s Redpoint Square district overlooking the Las Vegas Valley.

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