Las Vegas Real Estate Blog

Builder PurMar Homes has started construction on its newest model home complex at Copperhead Canyons.  The complex will feature three floor plans of two-story single family homes with a starting preconstruction price in the mid-$200,000s.

The Adobe, Chisum and Prairie floor plans measure 1,108 to 1,605 square feet and offer two or three bedrooms as well as 1 1/2 to 2 1/2 baths.  Home highlights include  9-foot ceilings in the downstairs areas, slate-look tile entries, textured walls and ceilings, structured wiring, and interior laundry rooms with washers and dryers.

According to PurMar’s President, more than half of the first phase has already sold out.  To find out more about these homes and availability, contact MillionSaverHomes at 702.212.3513.

Popularity: 34%

One interesting side effect noted when the real estate market slows and people stop actively searching for a new home is the increased activity level seen in home improvements. The rationale being if people stop buying houses, they tend to concentrate on improving the house they have.

The website mygoals.com has noted an increase in that trend as we move into 2007.  Mygoals.com found that in 2006, 30% of all real estate-related goals were to buy a home, with 45% looking to improve their current home. Moving into 2007, only 9% of real estate goals involve buying a home, while an amazing 64% plan to improve existing homes.

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) also supports the survey’s findings.  Remodeling activity picked up in the third quarter of 2006. A fact that leaves many professional home remodelers across the country jumping for joy.

Popularity: 40%

One of Standard Pacific Homes newest condo projects can be found in Henderson. The private-gated condo community of Crescent Ridge will be located near the foothills of Black Mountain and will contain 344 units when completed.

Crescent Rige will feature 2 and 3 bedroom condominium homes that range from approximately 1,123 square feet to just over 1,300 square feet. Units are priced starting at $205,000 up to $250,000.Construction is scheduled to complete in December 2008.

For more information, contact MillionSaverHomes at 702.212.3513.

Popularity: 17%

In Business Las Vegas recently took a look at where it sees the Las Vegas housing market going in 2007 and early 2008. In addition to taking a look back at the developments of 2006, its tone remains optimistic that the local market will improve in 2007 and that opportunities abound for potential home buyers looking for a great deal.

However, one potential area for concern is the foreclosure market. In 2006, the number of Nevada homes entering foreclosure rose sharply giving Nevada the second-highest foreclosure rate in the U.S. There is concern that this trend will continue into early 2007 as many homeowners face higher interest rates kicking in from their exotic loans.

To read, “Decline of housing market was surprise story of ‘06” in its entirety, click here.

Popularity: 19%

C2 Lofts bills itself as the one and only place to live your urban lifestyle right. C2 Lofts elevates urban living to elegant new heights with raised 20-foot ceilings, innovative open floorplans, and expansive 18 foot windows that make life both relaxing and stylish.

C2 Lofts is composed of 100 units in two, five-story buildings. A private, enclosed parking garage will be located on the first level along with retail spaces. Eight designs are available ranging from 1530 to 2700 sq. ft. Units are priced from the $700,000s to $1.2 million are are nearly sold out in the first building. Sales for the second building will begin soon.

For more information, contact MillionSaverHomes.com who is local Las Vegas real estate broker at 702.212.3513.

Popularity: 19%

Sullivan Square offers a traditional city neighborhood in the heart of Las Vegas. Turn of the century brownstones, lofts, high-rises, and luxury terraced condos are clustered around neighborhood parks and pubs. Specialty markets, cafes, and a complete range of personal services are just a few steps away. With half of the homes in the Madison Tower I of 159 high-rise condos already spoken for, sales of the remaining units will probably occur quickly.

Madison Tower I offers 20 floor plans ranging from 600 to more than 1,800 square feet and prices ranging from the mid-$400,000s to $1.5 million.

Upon completion, Sullivan Square will include 1,300 residences with six options for urban living which include floor plans of varying design from high-rise tower units, terraced condominiums, Chicago-style lofts, brownstones, townhomes and live/work spaces.

Plans for the development’s Market Street include 25 shops and services such as an independently owned café, restaurant, neighborhood pub, florist, fresh fish market, bakery and a butcher shop. Office buildings and a 11/2-acre park complete the urban palate.

For more information and to check on current availability, contact MillionSaverHomes.com a Las Vegas real estate at 702.212.3513.

Popularity: 19%

Construction is well underway on the luxury high-rise condominium, the Juhl, in downtown Las Vegas. The fifteen story structure will offer chic urban lofts, townhomes, and penthouses ranging in size from 600 to 2,200 sq. ft.

Exposed concrete and mechanicals, 10 ft. floor to ceiling windows, designer-selected Grohe plumbing fixtures, spacious kitchen islands and breakfast bars, and European mable cabinetry are just a few features interested buyers will find in the over 100 floor plan options available. Each created to allow the owners to personalize their own space in this downtown development.

Julh’s prices start in the high $200,000s to $600,000. Approximately 340 units are available for sale. For more information, contact MillionSaverHomes.com a real estate broker at 702.212.3513.

Popularity: 19%

Searching for an intimate gated-community near the exclusivity of Summerlin? Looking for luxurious features, as well as the peace of mind that comes from living at a highly coveted address? Solana, a condominium community in Las Vegas, may just be that neighborhood.

Solana offers four unique floor plans with up to 1232 sq. ft. of living space. Homebuyers can choose from such amenties as stainless steel appliances, granite counter tops, fireplaces, wine racks, and designer blinds. This gate community also features a fitness center, community center, pool and spa.

If you’d like to learn more about Solana, contact MillionSaverHomes.com Las Vegas real estate broker at 702.212.3513.

Popularity: 16%

Scott Meservey, an Advisor  for the National Association of Residential Real Estate Investment Advisors (NARREIA) believes that its a good time for individuals looking to buy a house to jump into the Las Vegas market and buy.  Additionally, he sees it as a golden opportunity for investors to get in to the market before the market begins to rise again.  He basis his opinion on the following:

• The local resale inventory appears to be flattening.  There is now a six month supply of houses, which is considered to be a relatively healthy supply level.
• New building permits have slowed dramatically which should help further curtail current supply levels.
• Interest rates are still fairly reasonable and not viewed as an obstacle to home ownership.
• 8,000 to 10,000 new residents flock to Las Vegas every month looking for a job and a place to live.
• Job growth remains strong.

If you are looking for a home for sale in Las Vegas contact us at
702-212-3513

Popularity: 18%

High rise luxury conveniently located in downtown Las Vegas is what’s found at the So-Ho Lofts. The $63 million, 16-story project consists of 120 units, with the choice of seven different floor plans, ranging from 1,336 square feet to 1,855 square feet.  A few of the amenities that owners enjoy include:

If you are interested, there are still six penthouse units available. Prices for these units start at around $900/sq. ft. For more information, contact MillionSaverHomes.com is local Las Vegas real estate broker at 702.212.3513.

Popularity: 16%