September 2015

There are 4 blog entries for September 2015.

Foothills Estates Homes For Sale

Back in March, details about the existing new Foothills Estates community was first being revealed, and now as we approach the traditionally busy Fall season, models are now officially open and ready to be viewed by potential home buyers.

Over the last several months, the Henderson real estate market in general has been red hot, and when it comes to new development, things only seem to be gaining stronger momentum as we move deeper and deeper into 2015.

As for Foothills Estates, however, just 49 homes make up this brand new D.R. Horton community, leaving those looking to make a move limited opportunities to one day call this new Henderson subdivision home.

Homes for sale in Foothills Estates are upscale, single-story semi-custom homes that sit on up to

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Las Vegas Real Estate Market Update

According to data recently released from the Greater Las Vegas Association of Realtors, home prices and sales of local existing homes on the market both continued to trend upward through August as we approach the traditionally busy Fall season.

Las Vegas Real Estate By The Numbers From August

In both July and August, the median price of a single-family home in the Las Vegas area was $220,000, which is up an impressive 10% year-over-year. Additionally, single-family resales also jumped by 11.2% from August 2014 to August 2015, with 2,855 total closings last month.

What’s especially encouraging, however, is that the market remains fairly balanced, making it a healthier marketplace for both buyers and sellers currently looking to make a move. Median

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With Skye Canyon’s first homes expected to deliver later this summer, home builders Pulte Homes and Woodside Homes recently hosted a first-look model home preview in order to give those who attended a small glimpse of what the new 1,700 acre master plan will offer, which when completed will feature 9,000 new homes.

As one of the first master planned housing developments to begin construction in the Las Vegas area since the recession, there’s a lot riding on the success of this dynamic new community. But given developers are really embracing local home buyer’s thirst for outdoor recreation, excitement and anticipation about Skye Canyon continues to build as we get closer and closer to its official opening.

For those still unfamiliar with the Skye Canyon

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Las Vegas Condos

The Spanish Palms condominium complex on South Rainbow Boulevard is once again converting back to condos after making a brief transition to rentals during the housing crash, leading some to believe a small comeback could be on the horizon for condo conversions in the Las Vegas area.

According to a recent report from the Las Vegas Review-Journal, Spanish Palms has sold almost 70 units in the last four months alone, or about 40% of its relaunched inventory. At a time when rentals are still as hot as ever in markets all over the country, the move by DK Las Vegas, which acquired Spanish Palms back in early 2014 for $19 million, is certainly a bold one to say the least.

Along with taking over a year to plan, the new owners also added more than $1.5 million

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