The return of Mira Villa!

Mira Villa

The long awaited and much talked about Mira Villa condominiums in Summerlin was recently opened for sales.  This community started pre-sales about four years ago and was under construction until litigation halted progress.  From what I understand, the development group had financing issues and ultimately filed for bankrupcy protection which collected the builder, Westmark Homes in the process.  This was unfortunate because Westmark is a quality, local builder that as a result of the litigation has halted construction of Coronado in the Paseos and Montechiro. 

Mira Villa

These are large homes.  They start around 2000 square feet to 4000 square feet and are located near the JW Marriott on the TPC Las Vegas Course.  All of the homes are one level,  have two car garages, private elevators and large verandas.  The common ammenities include a state of the art gym, barbecue ramadas firepits and hottubs.  The location provides a tranquil setting and ideal place to take in the  tremendous views of Red Rock Canyon and the beautiful environs of Summerlin.  These homes start in the $400,000’s  and if you are interested in touring this community just call or email me!  As always remember to visit Vegasdreamsellers.com and don’t forget to ask questions or leave me a comment or two! 

More Great Summerlin Homes News!!

Boulder Ridge Plan 2 Kitchen

I was recently asked by Christopher Homes to participate their new education seminar, the Realtor Ambassador program.  I was blown away by these homes and the floor plans, upgrades and the area! First, Boulder Ridge is located in The Ridges in Summerlin , which in my opinion, is the finest place to live in the entire Valley.  These beautiful homes range from 4400sf to 5900sf and start in the upper $1 millions.   The standard upgrades and finishes available here are much more elaborate than I have seen even in most custom homes!  Features like pivot front doors, kitchens with two of everything, slick wall texture, unique door hardware, stone flooring and counters and exotic hardwood cabinetry (like zebra-wood and gum wood)!  All this and home-sites of 1/3acre to 1/2acre at prices that in many cases is lower than building it yourself!  In addition to these incredible homes, Christopher is offering  jumbo financing at 6% with only 25% down.  For those of us who don’t want to sell our homes at the current prices, Christopher has a solution:  sign a contract to purchase a B. R. home but only buy the home-site at that time and then they give you 24 months to sell your home all the

Boulder Ridge Plan One Living Room

while your new home is under construction.  So this gives you time to sell your home in a more favorable market and lock in today’s prices on the home of your dreams at Boulder Ridge!   They also offer a sale/leaseback for investors looking for locked in cash flow.  The plan one home is available with out artwork but fully furnished with a lease payment of $19,630/month (8%)  for a guaranteed year!  An investment that yields an 8% return!  Please contact me for more information about these tremendous homes and these incentives!  And remember to contact your Ambassador to schedule a tour of Boulder Ridge!

Ladera Canyon

Ladera Ridge at Ladera Canyon my Richmond American Homes is closing out their community located in The Mesas.  The floorplans are unique for Richmond in Las Vegas and they offer some great spaces!   I got a call from a sales person and they told me that the homes they have left in the Mesa can be purchased with free upgrades!!  So think of this buying a home with the natural stone floors and upgraded finishes for no additional cost!  This is a tremendous opportunity in the Mesas and I love these homes! 

If you are interested in touring Boulder Ridge and seeing these fabulous homes or Richmond American’s models in the Mesa please contact me on my mobile and we will set up an appt!  Please leave me a comment and make sure to visit http://vegasdreamsellers.com!  

Next post: The return of Mira Villa!

America’s Biggest Open House This Weekend In Summerlin of course!

America's Biggest Open House

Well its back America’s Biggest Open House this weekend in Summerlin!  This is a great event for those who are not as familar with Summerlin as those of us who live here because all of the model homes in all of the communities are open for viewing.  This is a great opportunity to view all of the new construction homes modeled by the builders and have a chance to win prizes while doing it!  If you visit all of the models you get a chance to win a $500 American Express gift card to any General Growth Mall Property and smaller prizes like a $200 gift card for a nights stay for two at the Red Rock Resort, $150 for the fabulous Vinter Grill Restaurant and memberships for the Friends of Red Rock Canyon and a guided hike in the canyon.  

In addition the various builders will have Open House specials and incentives good for only this weekend so if you are thinking about buying a new home this is the weekend to shop!  I am also getting into the Open House spirit and if you contact me it would be my pleasure to give you a guided tour of the community as well as the model homes!  Just give me a call and we will set up a time!  Thank you so much for reading, leave comments and as always visit: Vegasdreamsellers.com

Senior Economist says the Las Vegas Housing Market is poised to rally!!

NAR Senior Economist Lawrence Yun

The National Association of Realtors’ Chief Economist made a statement at the Realtor’s Rocky Mountain Regional Conference in Las Vegas last week that may surprise you.  He not only said what I have been saying all along that “Low mortgage rates combined with first-time home-buyer assistance from the stimulus package, will push buyers off the fence and into affordable homes”, Mr Yun said.  I paraphrased most of his speech as reprinted from the Las Vegas Review Journal.   ”I think Vegas will be the bell weather of how the nation will recover”, he said.  “Rising sales could help stabilize prices by the end of the year.  Vegas is a leading edge and portends what’s coming for the rest o f the country and also for financial institutions.”  He went on to say that “…monthly sales of existing homes have doubled for the past few months, a precondition for prices to stabilize.  The long-term prospect for Las Vegas is bright because baby-boomers reaching retirement age are migrating to cities with warm climates and favorable tax structures, the economist said. (see my post National Publications are Buzzing about Las Vegas)  ”  The home buyer tax credit accounts for less than $10 billion of the new $787 billion stimulus package, a rather small amount, but nonetheless sufficient to help spark a comeback, Yun said.  “I’m a little disappointed that it didn’t address as much as it could have, given the size of the bill,’ he said.  The plan features an $8000, non-refundable tax credit for first- time home buyers and it raises FHA limits to $400,000 in Las Vegas.  The media has led us to believe that new home sales have totally collapsed but their production has been cut way back, which is keeping inventory levels in check so naturally fewer sales will result. 

So prices are low and a PHD in economics predicts that Las Vegas will the first to emerge from the housing crisis!  So what have we learned?  The window of opportunity to take advantage of the current price levels is slowly closing and recovery is coming in the near future!   If you have questions or comments please leave them in the space below and make sure you visit my website Vegasdreamsellers.com to search for homes and to contact me directly for more information! 

New Residential Opportunities in Summerlin!

 

 

I recently toured the models at Boulder Ridge by Christopher Homeslocated in the Fabulous Ridges Village in Summerlin.  The Ridges is a large multi-neighborhood, guard-gated custom home community which was named the Third Most Expensive Gated Community In the US by Forbes.com.  Christopher homes is building this small neighborhood of 46 Frank Lloydesq palaces nestled in the hillside bordering the Red Rock Canyon National Conversation Area to the west and the glittering Las Vegas Strip to the East.  Bordering Red Rock is a very uncommon and rare feature of these beautiful homes because nothing will be built behind this community, so put on your hiking boots and grab the Camelback and enjoy hiking in one of the most spectacular places in the world right from your back yard gate!

Christopher Homes is taking the headache out of building a custom home in Boulder Ridge but still allowing buyers the flexibility to customize the home to match their uses and tastes!   The design is contemporary and they are so full of features they are hard to describe.  These home are perfect for entertaining or large family because they have huge kitchens with two of everything, butlers pantries and formal dining rooms.  The floorplans have large open areas that can be customized as family or living rooms or home theaters. 

Torino Model

Villa Trieste by Pulte Homes located in Summerlin Centre.  Pulte has done a fabulous job of designing and building LEED Certified homes here in Las Vegas!  These are very energy efficient and incorporate roof tile solar power units, tankless water heaters, bi-flush toilets, high efficiency a/c units and the Pulte insulation and quality we expect.  These homes are located in a small neighborhood in West Park in Summerlin Centre directly to the west from the Red Rock Resort and the now stalled Shoppes at Summerlin Centre. 

These are VERY UNIQUE HOMES that are different from every product available in Las Vegas at this time!  What makes them different is the power generating capability of the solar cells and all of the energy and water conserving features that are all part of the base price of the homes in addition to courtyards and small, low maintenance rear yards with just enough space for a small barbecue or cocktail party.  So the bottom line is dramatic energy savings,  high quality construction, appealing, well designed floorplans in a very low maintenance, efficient package!  Best of all, these homes start in the low $200,000s (prices not currently available for new single family residences) and will be within walking distance to the new mall!  What a tremendous opportunity this is for primary residents, a second or vacation home or even as  an investment property!  It would be my pleasure to answer any questions you may have so leave me a comment, contact me directly or visit Vegasdreamsellers.com!