Local home prices broke out of a three-month holding pattern to post a slight increase during June, according to a report released this week by the Greater Las Vegas Association of Realtors.
New home sales in the four leading master-planned communities in Las Vegas are down during the first six months of 2019, but builders and analysts said they wouldn’t be surprised if they finish the year even or ahead of 2018.
Pardee Homes and Pulte Homes dominated the Silver Nugget awards for the Southern Nevada homebuilding industry this year.
A new $5-million industrial project, Diablo Triangle, by Brass Cap Development is underway in the south Las Vegas area near the Raiders stadium.
Berkadia has announced the sale of The Edge at Traverse Point, a garden-style multifamily property in Henderson. Managing Director Brian Anderson and Associate Director Jared Glover of Berkadia’s Las Vegas office completed the $60.68 million sale on behalf of the seller, California-based Bascom Group. The buyer was New York-based, and the deal closed June 6.
This week Americana Holdings, the largest independently owned Berkshire Hathaway HomeServices franchise, worked with three other Berkshire Hathaway HomeServices franchise members to acquire Tarbell, Realtors, which operated 20 offices in Southern California.
An exquisite Lake Las Vegas show home, Water’s Edge is on the lake’s North Shore in the exclusive Estates at Reflection Bay. The home’s timeless design was founded on the principles of the iconic Frank Lloyd Wright.
Nevada homebuilders think they’ve dodged a bullet with changes to the state’s construction defect laws. Because of that, the surge in town home and condos development over the last two years won’t be slowed.
Union Village, which has dubbed itself the first integrated health care village in the U.S., announced it will sell 85 percent of its land by the end of the year and have construction underway on most of its 150-acre site by 2020.