Platinum Home Mortgage Announces Major Expansion in the West

Carson, Calif. October 3, 2017-Residential mortgage lender Platinum Home Mortgage Corporation is pleased to welcome Michael J. Sweeney, who will assume the new role of divisional manager. Sweeney is a 25+ year veteran of the mortgage industry and will be responsible for recruiting and opening new offices throughout the West. Read More

1st Anniversary “Start Fresh Buy New Las Vegas”

By Nat Hodgson
Executive Director
Southern Nevada Home Builders Association

The Southern Nevada Home Builders Association recently marked the 1st anniversary of the “Start Fresh Buy New Las Vegas” online marketing campaign designed to help local Realtors and potential homebuyers navigate the dilemma of deciding whether to purchase a newly constructed home or a resale home.

The campaign, based at the website, www.BuyNewHomesLV.com, provides information about the long-term cost comparisons and benefits to consider before buying any home.

Since the launch in July 2016, the website has attracted more than 43,000 users; 61,300 sessions; 64,600 page views; with an average visitor duration of six minutes. The association is pleased that this campaign has been such a success. Read More

TnT Impact on the House Market of 2016

From the Home Builders Research, Inc

In November there were 762 new home recorded sales. This places our 2016 total at 7,035, a year to year increase of 890 closings, or 14.5 percent. It certainly appears that the new home segment of the Las Vegas housing industry is ending this year on a much stronger pace than we envisioned back in the first quarter of 2016. At the beginning of this year we felt that 2016 would produce a single digit year to year increase in new home closings. Although there were some positive signals from the area economists, there were still a lot of things that might limit new home sales in 2016, many of which we have discussed in our previous newsletters during the year.

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