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Local NAIOP presents findings from land analysis

NAIOP Southern Nevada, the Commercial Real Estate Development Association representing commercial real estate developers, owners and related professionals in office, industrial, retail and mixed-use real estate, recently released the findings from the Southern Nevada Industrial Land analysis.

Pardee showcases celebrity designer Bobby Berk

Celebrity designer Bobby Berk, winner of the PCBC Gold Nugget award for Best Interior Merchandising for Pardee Homes’ Sandalwood Plan Two in Summerlin, also put his well-known signature on Sandalwood’s Plan One and Three in the master-planned community.

Stax Studios offers studios in downtown Las Vegas

Modern studio living is now available in the heart of downtown Las Vegas. Stax Studios , near Las Vegas Boulevard and Fremont Street, is offering fully renovated studio units for lease with the help of WestCorp Management Group. The property’s new look is perfect for residents seeking an urban lifestyle. Stax Studios is located at 501 South 10th St. and features more than 44 completely renovated units.

Summerlin trail system ro connect community to Red Rock Canyon

A hallmark of the Summerlin master-planned community is its 150-mile-long trail system, which connects to major amenities like parks and schools while encouraging a healthy, active lifestyle.

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Raiders and other sports figures play Las Vegas real estate game

Former NFL Pro Bowl quarterback and UNLV star Randall Cunningham has put one of his Las Vegas homes on the market and at least three more Raiders have bought homes in the valley and others have rented homes as the team opened its first training camp.

D.R. Horton No. 1 builder in midyear

D.R. Horton, which was No. 3 in new-home net sales after the first three months of 2020, vaulted to No 1 in the marketplace in the six-month rankings released by Las Vegas-based Home Builders Research.

HOAs can fine homeowners but can’t force them to follow rules

Unfortunately, associations have limited sanctions. Fining a homeowner does not necessarily mean that the homeowner will comply. Many associations have a policy when a homeowner accumulates a certain amount of fines, they are sent to collections for a lien to be placed on their home. Since March, associations have been placed on a holding pattern as to fining homeowners and or sending them to collections to have a lien placed on the homes for non-payment of fines.

Vegas mortgage delinquencies nowhere near peak of Great Recession

There’s no denying that thousands of Nevadans are having trouble paying their mortgage for obvious reasons. Still, I was glad to see the Las Vegas Review-Journal’s July 21 story headlined “ Southern Nevadans falling behind on mortgages amid pandemic ” included some of the more balanced statistics we’ve been tracking at the Nevada Bankers Association.

StoryBook Homes offers flexible floor plans

StoryBook Homes is announcing the debut of its newest community, Belle Ridge, offering a limited 45 homesites in one the most desired areas of the Las Vegas Valley.

Local home prices in record territory despite pandemic

A report released Thursday by Las Vegas Realtors shows local home prices setting another all-time record despite the coronavirus pandemic and economic downturn, with more homes selling in July than the same time last year.

Summerlin age-qualified communities offer options

For active adults and empty nesters looking to right-size their homes and simplify their lives, the master-planned community of Summerlin offers multiple options. The community currently offers two actively selling neighborhoods with a combined 20 floor plans developed exclusively for homebuyers ages 55 and older: Regency by Toll Brothers and Trilogy by Shea Homes. Both neighborhoods offer a complete lifestyle created by robust amenities, events and activities, but each offers a distinct difference. Homes at Regency are all detached single-family homes, while Trilogy offers all attached condominium homes.

Nevada construction industry still at work during pandemic

When Gov. Steve Sisolak announced a statewide shutdown of all nonessential businesses on March 17, I had strong concerns about my health, my business outlook, the future of Nevada and our country. Was there going to be a future? And, what will that look like? My thought process spreads to every avenue in my life. I was seeing the coronavirus outbreak spreading across the U.S., impacting nearly every industry, and I knew the construction sector would not be immune from its effects.

New HOA president acting like ‘Lone Ranger’

Working as the Lone Ranger could result in an unexpected complaint from the Nevada Real Estate Division or a possible lawsuit from a homeowner’s attorney.

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