Community Associations Institute applauds the Dec. 3 decision by the U.S. District Court for the Eastern District of Texas in Texas Top Cop Shop, Inc., et al. v. Garland, et al. to issue a preliminary nationwide injunction against the Corporate Transparency Act.
A home in The Ridges sold for $11.25 million in November, leading the way as the top sale of the month dominated by high-level sales in Summerlin.
Tri Pointe Home Division President Kliff Andrews said while the Las Vegas housing market has slowed at the end of the year, as it typically does, the builder is looking forward to unveiling three new projects in December and January and kick off 2025 on a strong note.
Currently under construction, KNB will unveil the 10,459-square-foot two-story property to hundreds of industry professionals during the National Association of Home Builders (NAHB) 2025 International Builder’s Show (IBS), held Feb. 25-27. Though the demonstration home is not officially part of IBS, private tours are for invited guests attending the show.
The historic Shakespeare Ranch, on the east shore of Lake Tahoe, is listed for $188 million through Chase International. Buyers can purchase the entire ranch or take an a la carte approach and acquire their choice of lakefront residences and homesites starting at $9.95 million.
The Calida Group announced Ainsley at The Collective, the latest addition to its Elysian Living brand, is now leasing in Las Vegas. Ainsley represents a first-of-its-kind luxury apartment concept focused on lifestyle, health and wellness. This exclusive on-site community is within The Collective, the newest mixed-use, urban lifestyle destination in the Las Vegas area.
A $15 million sale in MacDonald Highlands topped the list for the most expensive luxury home closing in October — a month that saw an IndyCar driver set up shop in Las Vegas and former Vegas Golden Knight Jonathan Marchessault sell his Summerlin property.
Taylor Morrison Division President Kent Lay said concerns over the election and rising mortgage rates slowed sales in the second half of the year but expects the market to pick back up again in 2025.
Las Vegas’s first two high-rise projects since before the Great Recession have surpassed more than $600 million in sales combined as construction commences at the end of the year.