As 2021 enters its final quarter, the luxury home market remains strong with 15 homes on the public market worth $11 million and higher, and 11 at $12.5 million and up, but Realtors are optimistic some sales will go through by the end of the year.
The desert sun shines brightly on the Las Vegas Valley about 300 days out of every year.
Matter Real Estate Group announced the purchase of a 42-acre land site in North Las Vegas at the Tropical/I-15 interchange. The site will be home to Matter Logistics @ North 15, a 1 million-square-foot industrial development. Matter will break ground on the project later this year with an opening planned for late 2022. Matter Logistics @ North 15 is funded by Principal Real Estate Investors.
A developer announcing plans for two luxury housing communities wants to give buyers a Model 3 Tesla electric car, building on its brand concept of smart and sustainable homes.
A Las Vegas Realtors recent report shows local home prices holding steady as families were preoccupied getting their kids in school, graduates off to college and all the seasonal reasons that cause what LVR leaders called a momentary pause while the market readies for its last surge before the expected holiday slowdown begins.
Tomo Yebisu, executive vice president of production at LoanDepot, set the mark for a home purchase in August when he paid $12.5 million for a 9,500-square-foot, five-bedroom, eight-bathroom home that sits on an 0.86-acre lot in MacDonald Highlands. Luxury Realtor Kristen Routh-Silberman represented the buyer and seller.
HomeAid Southern Nevada, the official outreach partner of the Southern Nevada Home Builders Association, has nearly completed its third of four custom home renovations on the New Vista Ranch home site, benefiting individuals with intellectual and developmental disabilities. The home is slated to be completed by Sept. 20.
Las Vegas Raiders coach Jon Gruden and his wife, Cindy, have finally closed on their new Southern Highlands home at a price tag of $4.31 million.