New Las Vegas real estate for Sale

New Henderson homes for sale

Las Vegas is running out of real estate to build on! Yes, the city surrounded by seemingly endless desert is blocked from real estate expansion by Lake Mead on the east, Military and Government on the North, National park service on the West and Turtle habitat to the South. With approximately 600 square miles of real estate within the Las Vegas Valley and nearly 2 million people Las Vegas, Henderson and North Las Vegas have grown up from a small little dusty towns to a thriving center for world travel with a rich business climate. Now this Valley must deal with shortages of available build able real estate which are causing real estate prices to soar here in the Valley. New homes in Las Vegas and Henderson are being built on shrinking lots as developers balance the cost of real estate ($400,000+ per acre for undeveloped desert real estate) with the desires of their buyers.

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As the price of raw ground increases Builders are facing escalating costs which drive their pricing structures for new homes. We are finding that in order to keep homes affordable, the Builders are having to shrink the size of the residential lots. This means that a brand new home has a much smaller lot than those built 10 years ago. If you want a traditional size lot either look at resale homes or be prepared to spend an extra $20 to $30 thousand for this luxury.

Living in Las Vegas is like nowhere else on earth. Las Vegas also offers great hiking opportunities in the Red Rock Recreation area and snow skiing at Mount Charleston. Its public parks include skate boarding and dog facilities. Great fishing on Lake Mead, Colorado River and on the many streams and lakes to the north. Day trips can include Zions National Park, Big Bear, the southern California beaches, Palm Springs, Bryce Canyon and much more.

Named the best business environment in the U.S. 2006, twenty four hour entertainment, the 2nd fastest growing community in America and the fast growing employment center. Las Vegas is known for its gaming, live entertainment, and Sin City environment. Las Vegas is also known for its golf, open deserts to explore and go ATVing, sunny climate, water skiing and boating on Lake Mead and the Grand Canyon right next door. With over twenty two million travelers per year and world wide flights too and from its airport. Nevada has NO PERSONAL income tax.

In 2006 Las Vegas new homes increased in price by almost 12% over 2005. In a year that many national experts predicted a crash in the market. This trend is expected to continue as the number of new home inventories in Las Vegas are shrinking due to new residence influx and a drop in building permits.

When you buy a Las Vegas real estate you are investing in the lifestyle city of the 21 century. Most of the Las Vegas Communities are less than 20 years old so you for the most part will find up to date services, modern buildings and Master planned environments to enhance the quality of your lifestyle.