Representatives of the Las Vegas housing industry got a briefing Thursday that showed net sales and buyer traffic have rebounded slightly after a steep decline following the shutdown of the casino industry and other non-essential businesses in March due to COVID-19.
Lake Las Vegas, Henderson’s only waterfront master plan, continues its new-home sales with communities from trusted builders including Blue Heron, Pulte, Lennar, Woodside Homes, Del Webb and Taylor Morrison Homes.
With more than 160 floor plans featured in scores of gorgeous model homes throughout Summerlin, the award-winning master-planned community is a great place to enjoy touring some of our valley’s most beautiful homes built by the nation’s top homebuilders.
Jordan Farmar, former NBA player and a two-time champion with the Los Angeles Lakers, loves calling Las Vegas his home for the last six years and now has a hand in building his own.
If you know any one of the thousands of Nevadans working in the real estate industry, they are likely in a much better mood this week. From Realtors and their teams to title companies, mortgage lenders and escrow services, they are both learning how to operate in a completely new business environment, and preparing for the new business they hope to earn once the government shutdown is lifted.
For Marisa and JT Wise, living in Anthem Country Club is not just about enjoying their spectacular single-story home with stunning mountain views. They’ve built a roster of cherished memories through family gatherings, birthday celebrations and community camaraderie.
On April 24, President (Donald) Trump signed into law significant changes to the Coronavirus Aid, Relief and Economic Security Act, commonly known as the CARES Act. The act originally included $349 billion for small business loans to employers with fewer than 500 employees. These loans were part of the Paycheck Protection Program or PPP. Individual businesses can borrow up to $10 million to cover the costs of payroll and some rent and utility expenses through June 30. The loans do not require personal guaranties, and may be forgiven, meaning the principal amount may not have to be paid back under certain circumstances.
I don’t need to tell you that these are trying times. Times that almost none of us have ever experienced before. All of the things that we have taken for granted — going to a movie, eating at our favorite restaurant or even taking a walk in the neighborhood park — are now prized. If things as commonplace as these are now gone, how do you run a business during so much turmoil? Let’s take a look at the mortgage business.
KB Home has announced that Camden, a new gated community situated in highly desirable southwest Las Vegas, is now open for sales. The new-home community offers a distinguished collection of one- and two-story home designs that can be personalized to reflect each buyer’s lifestyle and budget.
Summerlin currently offers more than 160 floor plans in 33 neighborhoods throughout nine distinct villages. Homes are available in a variety of styles — from single-family homes to town homes, priced from the $300,000s to more than $1 million. And for those looking for quick occupancy, there are more than 40 new homes, including several upgraded model homes, available for immediate move-in.
First and foremost, we are making sure our workers are protected. We are working with the Nevada Construction Assembly — a group assembled by Gov. Steve Sisolak to ensure construction worker safety. As a participating member, NCA has helped develop policies and procedures to keep workers out of harm’s way. In order to do this, we are educating our workforce. T
Also, the gates to the community are left open during the day. HOA board said it is for convenience for potential buyers to access the community. With the current pandemic, the sales office is by appointment-only. Yet the gates are still left open during the day.
Despite the cancellation of two closings on condo sales related to the COVID-19 crisis at a Las Vegas high-rise condo tower, the month of March and early April signaled a glimmer of hope for Las Vegas real estate. From March 1-April 10, 10 sales totaling more than $3.5 million were closed and seven condos totaling more than $2.6 million in sales went under contract at Juhl in downtown Las Vegas and One Las Vegas on South Las Vegas Boulevard. Both communities are part of a portfolio of condominiums acquired by KRE Capital LLC in partnership with Dune Real Estate Partners in 2013 as DK Las Vegas.
David Weinberg, the chief operating officer at Southern California-based Skechers footwear company, paid $3.7 million for a penthouse at Turnberry Place in the largest high-rise transaction during the first quarter.
David Weinberg, the chief operating officer at Southern California-based Skechers footwear company, paid $3.7 million for a penthouse at Turnberry Place in the largest high-rise transaction during the first quarter.
