Homebuyers, including those in Las Vegas, continue to seek out smaller homes and more affordable homes and builders continue to move in that direction to meet their preferences.
New home sales bounced back in January from a slow December and have come in around their historical averages despite prices rising 10 percent over the last year, according to the latest report from Las Vegas-based Home Builders Research.
An Anthem Country Club home set the high mark for sales in February at $7.8 million.
One of the largest kitchen and bath trade shows in North America was held Feb. 25-27 at the Las Vegas Convention Center. It was three days of product reveals, demonstrations, networking and programming.
A Las Vegas father-and-son building company was among those honored last week at the International Builders Show and Kitchen Bath Industry Show that brought a conference record 124,000 to the city.
Nevada HAND broke ground on Sunrise Ranch Apartments in Henderson, a new affordable housing development for families that will include units for young adults aging out of foster care. The project is a partnership between Nevada HAND, city of Henderson, Clark County, city of Las Vegas, Nevada Housing Division and Southern Nevada Regional Housing Authority.
Lake Las Vegas had another strong year of growth, buoyed by sales at its 55-plus community and the continued expansion of its luxury offerings.
The Watermark, a residential and commercial development in Henderson, is moving forward with construction after securing the necessary funding.
Nearly 200 construction professionals participated in the 36th annual Associated Builders and Contractors’ National Craft Championships Feb. 26 at the Mandalay Bay Convention Center.