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New Homes

Home prices rising, housing supply shrinking

A recent Las Vegas Realtors report shows the local housing supply continuing to shrink, while fewer homes are selling and prices are higher than the same time last year.

Summerlin West offers three-story floor plans

In Summerlin, more than 15 three-story floor plans are now available in six neighborhoods located in Summerlin West.

REAL ESTATE BRIEFS: DEC. 9

The National Apartment Association has announced Ovation Property Management’s Phyllis Garcia as the 2023 Malcolm N. Bennett Advocate of the Year award winner.

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LVR presents annual awards to top local Realtors

Las Vegas Realtors presented annual awards this month to some of its leading and longtime members, with immediate past President Brandon Roberts being honored as LVR’s Realtor of the Year.

Downtown Summerlin celebrates season of giving

The holidays at Downtown Summerlin represent the season of giving, with three charitable activations that encourage visitors and patrons to pay it forward. The Giving Machine, the Santa Chalet and Lights for Flights provide community members the opportunity to make donations to local, national and global nonprofits.

Touchstone Living opens town home community

A new home resort-style planned community is focused on making homeownership possible for first-time homebuyers. Prices start in the $200,000s.

Cadence opens luxury apartment complex, Element 12

Cadence recently welcomed The Spanos Corp. to its growing list of builders with the Element 12 multifamily community. Element 12 includes modern, sleek resort-style amenities with several offerings for residents to enjoy.

Nine Summerlin neighborhoods reaching final inventory

Five Summerlin neighborhoods are down to fewer than 20 remaining homes, and four neighborhoods are down to less than 20 percent of their total remaining home inventory. In many cases, neighborhoods nearing close-out offer special opportunities for buyers including special pricing, extra upgrades and other incentives.

Work starts on Cello Tower high-rise at Symphony Park

Residential construction will begin soon on the luxury high-rise condominium Cello Tower, which will anchor the mixed-use Origin at Symphony Park, both created by Red Ridge Development. Pricing for eight penthouse suites starts at $4.5 million. The 240 one- and two-bedroom plus den residences begin at $700,000.

Las Vegas new home sales rebound

The latest numbers from Las Vegas-based Home Builders Research President Andrew Smith show the top 10 builders during the third quarter of 2023 had 2,383 net sales — sales minus cancellations — compared to 1,385 net sales in the third quarter of 2022.

Summerlin features public art, historic memorials

Summerlin features a growing number of public art installations that help to create a strong sense of place and build community pride while adding color and meaning to special spaces.

Lake Las Vegas offers move-in-ready homes

Lennar’s Reverie at Lake Las Vegas is streamlining the homebuying process with move-in ready homes and an easier way to save.

Downtown Summerlin kicks off 2023 holiday season

Downtown Summerlin, the urban core of the Summerlin, is once again Southern Nevada’s holiday headquarters. The 2023 season kicks off in November with the return of popular holiday activations, headlined by the arrival of Santa Claus, the return of the beloved Holiday Parade, and the opening of the Rock Rink outdoor skating rink on Nov. 17.

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