Lennar offers buyers incentives

With local and national news-paper reports of the housing market stabilizing, consumers are looking at the option of buying a new home.

Throughout August, Lennar is offering homebuyers a combination of offers including low pricing, competitive financing and a chance to take advantage of a federal tax credit worth up to $8,000.

In the July 16 issue, U.S. News & World Report rated Las Vegas as one of "America's 10 Best Undervalued Places to Live." According to the article, homes for sale represent outstanding bargain opportunities and could perhaps present today's homebuyers with the best long-term value.

Several factors, including the opening of MGM Mirage's CityCenter, will support strong housing demand in Las Vegas over the long haul, said Steve Bottfeld, principal of the Las Vegas-based company Marketing Solutions, which specializes in real estate economics and consumer research.

With 15 neighborhoods in the Las Vegas Valley, Lennar offers a home for every type of buyer, whether first-time, move-up or luxury ranging from 1,286 to 4,502 square feet and starting in the high-$100,000s. Many of Lennar's homes also feature the most up-to-date amenities, including stainless steel appliances, granite slab countertops, walk-in closets, his and hers vanities and Roman-style spa tubs.

"With our incredible top-quality homes, it is no surprise that we have exceeded our sales goals the last three months in a row," said Lennar Las Vegas Division President Jeremy Parness.

"The increase in the number of highly qualified homebuyers who have contacted Lennar in the past few weeks is a testament to the unbeatable value of our homes and we are absolutely delighted that so many homebuyers trust Lennar to build their home," Parness said.

Universal American Mortgage Company, Lennar's preferred lender, will offer all qualified homebuyers seller paid closing costs and low interest rates, according to Parness.

Lennar's special limited-time offers can be combined with a federal tax credit for homebuyers who haven't owned a home in the past three years, for up to an additional $8,000 in savings. According to the Internal Revenue Service Web site, irs.gov, tax credits applies to purchases that close before Dec. 1, 2009.

For more information, call 877-204-4411 or visit lennar.com.