Another strong signal for where Las Vegas is heading. Red Ridge Development’s plan to start construction this spring on its luxury high-rise in Symphony Park reflects more than one project moving forward. It reflects continued confidence in the long-term future of vertical residential development in urban Las Vegas. As land becomes more constrained and the city continues to mature, well-positioned high-rise and mixed-use product in the right locations should only become more relevant. From a developer service... read more

Four Las Vegas Communities were in John Burns Research & Consulting’s Top 50 Master-Planned Communities. Rank 3. Cadence: 1,247 net sales Rank 9. Summerlin: 962 net sales 30. Villages at Tule Springs: 446 net sales 32. Sunstone:440 net sales   Las Vegas is well-known for masterplanned communities, often a top choice for new movers to the region. In 2025, Cadence was the top selling community, driven by both availability from several homebuilders, but also more accessible price points compared t... read more

AUGUST 2015 Looking year-over-year, the number of single family escrows opened and homes closed have been more than respectable.  Closings are up nearly 20% year-over-year when measured in July and the year-to-date numbers are solid also.  Price increases have moderated and we believe this is a welcome pause after the consistency in vibrant price increases.  We have already experienced more price amplification than we expected back in Ja... read more

Buying a newly constructed home is exciting. You get to design your dream home from the ground up; from choosing your home site, your model, interior finishes and upgrades. You don’t have to drive far to see newly constructed homes and neighborhoods popping up across the Las Vegas valley. There are a variety of builders, neighborhoods and models to choose from. Like any home purchase, buying new construction is serious business--an expensive transaction with many financial implications. You may have heard ... read more

“Is the market still struggling?”  If we had a nickel for every time that question was asked, we could….go buy a piece of real estate.  The answer to that question is a resounding, “no!”   The Las Vegas real estate market has been resurging for the last three years or more with strong sales, a drastic decrease in distressed inventory and steady home price gains in both the residential and the commercial markets.  This trend is not stopping any time soon and is ... read more