Pulte has reinstated its “no worries” sale and is offering an additional $8,000 off from September 12th through September 30th. Pulte has brand new homes starting in the 100,000’s. There are several communities across the valley offering quick move-in homes for sale and builder closeouts. Here are just a few of the Pulte communities with brand new homes available:

• Flagstone Ranch 2 move in ready homes
• Azure Canyon in Mountains Edge
• Flagstone Manor
• The Club at Madiera Canyon
• The Gallery at Stallion Mountain

Not to be outdone, Lennar is also having a sales event this weekend touting 15 homes under $190,000. One of the conditions is that these homes must close on or before November 30. Lennar will also pay all closing costs, has special financing available and homes include free upgrades.

If you would like to tour the new homes available, call me at 702-493-8033 or use the contact form below.

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When it comes to internet marketing, Lennar is leading the pack. We get several updates a week from Lennar giving details of their latest promotions, standing inventory and sales. No one else comes close to the frequency and deals that Lennar offers on a continuous basis.

If you are a frequent reader of this blog, you’ll be aware of Lennar’s stance on the REO market. Foreclosures have caused new home builders a lot of sleepless nights. Falling prices, massive inventory and the overhaul sluggishness of the market has forced a lot of new home builders to slash prices and boost incentives.

Currently Lennar is offering to pay all closing costs and has special financing available. Here are a few of the Lennar new homes available:

This week Lennar is pushing its inventory of homes with pool sized lots. Unless you are prepared to spend upwards of half a million, most new homes don’t have a large yard. There a few exceptions to the rule of course, but if you have been actively looking at only new homes you’ll find most of them have small yards. The explanation for this is simple: you have to factor in the original cost of the land. Back when these home builders were buying up parcels of land from the BLM four or five years ago, it was very, very expensive. So to be able to make a profit, builders had to squeeze more homes on an acre.

One of the exceptions can be found in the city of Henderson. Lennar is offering to pay all closing costs, 4.5% fixed rate loan (4.9913% APR) if you elect to finance through them and all homes are completely upgraded with granite counters, blinds, stainless steel appliances and the energy efficiency package.  Here are just a few homes for sale:

Anthem
3181 Sq Ft (5 Bed, 3 Bath, 3 Car)
$335,990

Henderson
3100 Sq Ft (5 Bed, 3 Bath, 3 Car)
$303,990

Lennar isn’t the only builder having a sale. Del Webb is offering 50% off home site premiums at the Club at Madiera Canyon for the month of July. Homes start in the $420’s and there are 10 models available to tour.  The community is gated and located directly across from the newly opened Madiera Canyon park. If you would like to tour any of these homes, please call 702-493-8033 or send me an email using our form. Thanks for reading our Las Vegas real estate blog.

New home builders are having a tough time competiting against the Real Estate Owned (foreclosure) market. Las Vegas leads the nation in foreclosures and despite last month’s numbers, experts believe that we will see more in the coming months. Investors and savvy first time home buyers have been quick to take advantage of these fire sale prices. Last month showed a decrease in foreclosures and an increase in sales compared to historical data for the prior year.

In order to compete, new home builders have been forced to lower prices, offer free upgrades and other incentives to lure in home buyers. Another tactic they are taking is the relative ease of the closing process versus buying a bank owned home. New home sales will usually close in 30 days or even less while some bank owned properties can take up to twice that time. The Club at Madiera Canyon is a good example. Del Webb just lowered pricing all of their models. The community offers additional amenities like 24 hour guard gates, a private community center with resort style amenities and use of the brand new Madiera Canyon Park located just outside of the community.

Other builders like Lennar take a slightly different tack and offer special financing options, unemployment insurance (pays your mortgage for a certain time period while you are out of work) and pay for all closing costs. Of course there are some restrictions that apply which is important why you should bring your own agent with you. Someone that works exclusively for you, not the builder. Given the current state of the market, everything is negotiable. So if you are thinking about buying a new home, feel free to contact us for free, expert representation at 702-493-8033 or use our contact form below. Thanks for stopping by.

Several new home communities around the Las Vegas valley are nearing completion and builders are desperate to get them sold. Builders are feeling a pinch from bank owned properties flooding the market. As a result, builders have been forced to slash prices, offer incentives and free upgrades.

Easton Place located in the master planned community of Providence is nearing completion. Pulte homes has released their model homes for sale this past Saturday. There is a limited number of highly upgraded homes for sale. In addition to the upgrades, all homes feature mature landscaping. Pulte Homes is also running a promotion where you can have no mortgage payments until 2010, $0 closing costs and other perks you can choose from. Pulte also guarantees your electric bills for three years.

Lennar Homes has just reduced pricing on several models around town. All of these homes have been upgraded with custom drapes, flooring, landscaped back yards, built-ins, etc plus Lennar has special financing available and closing costs. Here are some of the Lennar homes available:

Northwest Models

• 1302 Sq FT (2 Bed, 2.5 Bath, 1 Car Garage plus full driveway)
• $143,990
• Back yard Landscaping
• Corion Counter Top
• Upgraded Flooring

Northwest Models

• 1775 Sq Ft (3 Bed, 2.5 Bath, 2 Car)
• $163,990
• Upgraded Flooring
• Landscaped Back Yard

Southwest Models

• 1627 Sq Ft (3 Bed, 2.5 Bath, 2 Car)
• $184,990
• Built-in
• Custom Paint

Southwest Models

• 1384 Sq Ft (3 Bed, 3 Bath, 2 Car)
• $164,990
• Full Bed and Bath Down
• Wood Floors

Southwest Model

• 1795 Sq Ft (4 Bed, 2.5 Bath, 2 Car)
• $205,990
• 20 x 20 tile floor
• Mature Back Yard Landscaping

Anthem Model

• 2302 Sq Ft (5 Bed, 3.5 Bath, 3 Car)
• $319,990
• Full Bed and Bath Downstairs
• Master Planned

If you are thinking about buying a brand new home, there hasn’t been a better time to buy. As a first time home buyer, you may be eligible for the $8,000 tax credit as well. Call me at 702-493-8033 to schedule a tour of the available models or use our contact form.

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There are a couple of builder sales coming to an end this weekend. Richmond American Homes’ Gold Star Event ends this Sunday, April 26th. It will be your last chance to take advantage of special pricing on several move-in ready homes at several of Richmond American’s communities like Greenwood, Elsinore and Wellington Place. In addition, Richmond American is offering a free washer and dryer (when you sign up online) for those select homes that close before May 29th.

Lennar’s Big Spring Sales Event is also coming to a close this weekend. Just to recap, Lennar is offering pricing discounts on select move-in ready homes, plus NO closing costs, low interest rates and the peace of mind mortgage protection program, where they will pay your mortgage if you lose your job.*  Here are some of the Las Vegas homes Lennar has on sale:

NORTHWEST:

Antelope
Sable Plan – 1,578 sq. ft.
Priced as low as $180,990

NORTH:

Coldwater Ranch
Big Sky Plan – 2,450 sq. ft.
Priced as low as $224,990

HENDERSON:

Gardens at Silverado Ranch
Lilac Plan – 1,286 sq. ft.
Priced as low as $168,990

Shadow Run
Jasmine Plan – 1,909 sq. ft.
New Low Price $199,990

Pulte Homes in honor of Earth Day is running a special as well. Buy a brand new energy efficient Pulte home (offer on select homes) before April 30th and they’ll give you a free Energy Star appliance package consisting of a washer, dryer and refrigerator.

If you would like to tour any of the move-in ready homes available, call 702-493-8033 for free representation.

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You may be thinking big deal, there are hundreds if not thousands of homes on the Las Vegas MLS priced under $200,000. You would be correct, there is a huge amount of bank owned inventory priced below that. That being said, you probably would be hard pressed to find absolute move-in ready homes in that price range, especially ones that have not been lived in. And you won’t find any with the kind of warranty that Lennar provides. As part of their Big Spring Sales Event, Lennar is also offering zero closing costs, low interest rates and their peace of mind mortgage protection plan (of course certain restrictions apply). Here are a few of the properties available:

SOUTHEAST:
Lamplight Gardens at Silverado Ranch
Lilac Plan – 1,286 square feet
Priced as low as $168,990

Mockingbird
Calistoga Plan – 1,907 square feet
Priced as low as $199,990

NORTHWEST:
Antelope
Roan Plan – 1,302 square feet
Priced as low as $160,990

Hampton Glen inside of Providence
Easton Plan – 1,795 square feet
Priced as low as $199,990

NORTH LAS VEGAS:
Sage Creek
Santa Monica Plan – 1,760 square feet
Priced as low as $167,990

NORTH CENTRAL:
Lexington Park off of Craig & Jones
San Carlos Plan – 1,531 square feet
Priced as low as $158,990

If you would like to tour any of these homes, please call 702-493-8033 or drop me a line using our email form below. Thanks for stopping by.

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When it comes to having sales, no one comes close to Lennar Homes. They are having another month long sale to move their standing inventory of homes. They are offering no closing costs, their peace of mind mortgage protection program (they pay your mortgage if you involuntarily lose your job), low interest rates and of course, new lower prices. Here are some of the homes on sale:

Northwest:
Antelope
Roan Plan – 1,302 sq ft
2 bed w/loft, 2.5 bath, 1 bay garage
Was $177,990
Priced as low as $157,990
*or 1578 Sq Ft (3 Bed, 2.5 Bath, 2 Car) $177,990

Barrington in Providence
Sequoia Plan – 2,421 sq ft
4 bed, 3 bath, 2 car garage
Was $255,990
Price as low as $237,990

North Las Vegas:
Sage Creek
Santa Monica Plan – 1,760 sq ft
3 bed, 2.5 bath, 2 bay garage
Was $185,990
Priced as low as $165,990
*or 1885 Sq Ft (4 Bed, 2.5 Bath, 2 Car) $176,990

Canyon Spring
Laguna Plan – 2,201 sq ft
Single Story
4 bed, 2 bath, 3 bay garage
Was $235,990
Priced as low as $210,990
*or 3,128 sq ft (5 Bed, 3 Bath, 3 Car) for $238,990

Rancho d’Oro
Brilliante Plan – 2,862 sq ft
4 bed w/bonus room, 3 bath, 2 bay garage
Was $255,990
Priced as low as $219,990

Henderson:
Lamplight Gardens at Silverado Ranch
Lilac Plan – 1,286 sq ft
3 bed, 2.5 bath, 1 bay garage
Was $185,990
Priced as low as $165,990

Mockingbird
Calistoga Plan – 1,907 sq ft
3 bed w/loft, 2.5 bath, 2 bay garage
Was $220,990
Priced as low as $195,990

Fiesta Park near the Fiesta Casino
Acapulco Plan – 2,302 sq ft
4 bed, 3 bath, 3 bay garage
Was $279,990
Priced as low as $243,990

Clermont in Anthem Highlands
Marseille Plan – 3,181 sq ft
5 bed, 3 bath, 3 bay garage
Was $352,990
Priced as low as $325,990

Southwest:
Escalante in Mountains Edge
Promontory Plan – 1,823 sq ft
4 bed, 2.5 bath, 2 bay garage
Was $218,990
Priced as low as $203,990

There are some terms and conditions that apply. Homes must close by the end of the month. If you would like to view the homes listed or any of the other Lennar communities, feel free to contact me at 702-493-8033 or by using our contact form below.

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New home builders are keenly feeling the pinch of foreclosures hitting the Las Vegas real estate market. About three out of four sales are bank owned properties. With so much inventory to compete against, Lennar is offering new reduced pricing, special financing rates, closing costs, payment protection and a 10 year new home warranty, all at substantially reduced pricing. From their press release:

According to Roger Seaholm, Director of Sales, Lennar Las Vegas, “We are highly motivated to sell 60 of our standing inventory homes within the next 30 days. We have just announced extreme price reductions throughout the Las Vegas valley effective this weekend.  Combine this with our Big Spring Break sales event, with the lowest financing rates in the last 50 years, there has never been a better time to buy a Lennar home.”

Lennar has over 25 active communities in the Las Vegas valley with around 60 move-in ready homes available. If you are thinking about buying a new home, call me at 702-493-8033 and I’ll send you a list of the Lennar communities and standing inventory. As a home buyer, my services to you are free. So why not take advantage and have someone that only represents your interests, not the builders?

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CNN reported today that Nevada has the highest number of foreclosures in the country, one in 70 homes. The next highest state is Arizona, with one in 37 homes. With so many bank owned properties on the market, home builders are having a harder time selling new homes. Sometimes, you’ll have a foreclosed property selling for less than a brand new home in the same development and its hasn’t been lived in yet. Lennar has been offering up to $10,000 toward closing costs (when you use their preferred lender, UAMC) on any new home. Currently they have over 50 move-in ready homes for sale around the valley. Here are just a few of them:

SOUTHEAST:
Lamplight Gardens at Silverado Ranch
Lilac Plan – 1,286 square feet
Priced as low as $175,990

Mockingbird
Calistoga Plan – 1,907 square feet
Priced as low as $209,990

Fiesta Park near the Fiesta Casino
Recently Reduced
Acapulco Plan – 3,181 square feet
Priced as low as $325,990

Clermont in Anthem Highlands
Builder Close Out – Only 5 homes remain!
Tropez Plan – 1,898 square feet
Priced as low as $266,990

NORTHWEST:
Remington Place
Walnut Creek Plan – 1,987 square feet
Priced as low as $214,990

Antelope
Roan Plan – 1,302 square feet
Priced as low as $172,990

Hampton Glen inside of Providence
Easton Plan – 1,795 square feet
Priced as low as $210,990

With so many homes to choose from and low interest rates, its a great time to buy a home here in Las Vegas. If you want to buy a brand new home, builders are offering some great incentives, everything from help with closing costs to upgraded appliances, flooring, etc. Feel free to contact me if you have questions or would like to see a property. My number is 702-493-8033 and thanks for stopping by.

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