We know making sure the smallest members of your family have access to a great education is near the top of your list of ‘must haves’ when purchasing a new home. That’s why we’re proud to offer new homes with all the features you love near some of the best Clark County elementary schools in Las Vegas and Henderson.

Residents at our two new home communities in Summerlin can attend Linda Rankin Givens Elementary in Las Vegas. The Clark Country School district is starting construction on new elementary school within Summerlin that is expected to be open for the 2017/2018 school year.

Summerlin
Summerlin

Parents of young learners at Linda Rankin Givens Elementary give the school an A+ rating. The school earns a ten out of ten GreatSchools ranking with standardized test scores that are well above the state’s average.

See what one Givens Elementary parent had to say about the school:

We moved to the area and did a LOT of research on the different schools in the area (and left no stone unturned — we looked at private, charter, and homeschool co-ops). Now, after being there almost two years, I can say that it is definitely worthy of it’s 5 star rating. Is everything perfect? No…but there is no such thing as a perfect school. But, for our family, we are very pleased with the teachers, the administration, the PTA, everything. We are so glad that we are zoned for Givens!

To learn more about elementary schools near new home communities in Las Vegas and Henderson visit us here.

Discover more reasons to love calling Las Vegas home in this short video:

We know making sure the smallest members of your family have access to a great education is near the top of your list of ‘must haves’ when purchasing a new home. That’s why we’re proud to offer new homes with all the features you love near some of the best Clark County elementary schools in Las Vegas and Henderson.

Residents within our four new home communities at Southern Highlands can attend Evelyn Stuckey Elementary School with a nine out of ten GreatSchools ranking. GreatSchools.org ranks schools based on standardized test scores, reports school demographics and outlines various school programs and extracurricular activities. There is also an option for parents to write comments and reviews.

Parents say the education their students receive at Evelyn Stuckey is on par with (or exceeds) their experiences with private schools in the area and they have great things to say about teachers and faculty. Plus, Evelyn Stuckey students’ standardized test scores in math and reading are above the state’s average.

To learn more about elementary schools near new home communities in Las Vegas and Henderson visit us here.

Discover more reasons to love calling Las Vegas home in this short video:

Lennar recently celebrated the grand opening of Arroyo Vista where prospective buyers had their first chance to explore the latest addition to the Murrieta real estate market. Attendees toured three professionally decorated model homes and they loved what they saw – the builder has already sold seven of the 11 homes featured in the first release.

“We are thrilled with the interest we’ve seen in our new condominiums at Arroyo Vista,” said Tara Conklin, Vice President of Sales and Marketing for Lennar Inland. “These homes pair a perfect location with our incredible Everything’s Included® features. If you are in the market for a new home in a premiere location I encourage you to visit our Welcome Home Center to see what we have in store for you.”

The new condominiums at Arroyo Vista are located within a family friendly neighborhood and range in size from approximately 1,330 to 1,580 square feet of living space with two to three bedrooms, two and one-half bathrooms, two-bay garages and spacious lofts included per plan. These open and modern floorplans with quaint, low maintenance patios are a great opportunity for first-time buyers, growing families, retirees and business professionals alike. This is a great opportunity to purchase while interest rates are still low.

Arroyo Vista
Arroyo Vista

In addition, buyers at Arroyo Vista will experience an entirely new way to purchase a home with Lennar’s Everything’s Included® program. Countless energy-saving, luxury upgrades are included as standard in all new homes. “We listened to the features buyers were looking for in new homes and included them at no extra cost,” said Conklin.

Granite countertops, GE® stainless steel appliances and maple cabinetry are included in every home along with low VOC paint, efficient tankless water heaters, home automation by Nexia™ Home Intelligence and much more. Homebuyers don’t have to compromise on the features they love at Arroyo Vista.

Residents of Arroyo Vista will enjoy a premiere location near retail, dining, parks and other services. Plans for the new community include a state-of-the-art recreation center that will act as the central hub of Arroyo Vista. For commuters, the community offers easy access to the 15 and 215 freeways. Plus, new homes at Arroyo Vista are located within the Murrieta Valley Unified School District with Alta Murrieta Elementary, Warm Springs Middle School and Vista Murrieta High School all located nearby.

Arroyo Vista is located at 40265 Calle Real in Murrieta. For more information or complete directions visit www.lennar.com or call (888) 203-9186.

With hundreds of communities nationwide and homes designed for first-time, move-up and luxury homebuyers, Lennar has grown to become one of the nation’s leading and most respected homebuilders. Lennar has a longstanding history of building homes of enduring quality in only the most well planned and desirable locations throughout the country.

Las Vegas is sometimes referred to as ground zero for the boom and the bust of the housing market a decade ago, but as this article from Vegas Inc. explains, housing confidence in the area is climbing.

Amid slumping confidence nationally, Las Vegas has moved up in the housing industry, as more renters plan to buy in the next year and more owners feel that a decade from now, local homes will be worth more.

The valley ranked No. 9 in the Zillow Housing Confidence Index as of July, compared to No. 13 in January, according to a report out Wednesday by Seattle-based Zillow. Twenty of the largest metro areas were included in the listing service’s index.

Lennar Las Vegas
Lennar Las Vegas

San Jose, Calif., the heart of Silicon Valley — whose housing market has been booming alongside the Bay Area’s tech industry — was No. 1 both months. St. Louis ranked last both months, as well.

Some 12 percent of Las Vegas renters surveyed say they plan to buy a home in the next year, compared to 9 percent in January, and 66 percent of homeowners believe local properties will have climbed in value a decade from now, up from 59 percent in January, Zillow said.

Meanwhile, 64 percent of respondents said it’s a good time to buy, down from 66 percent earlier this year, and 57 percent said it’s a good time to sell, up from 46 percent. For more information on Lennar Las Vegas homes, please visit here.

Read the full article here.

South Carolina and Washington are two states that are leading the way in construction employment, according to the latest data from the Bureau of Labor Statistics. This article from the National Association of Home Builders’ Eye On Housing blog highlights some of the details of the report.

Regional data from the Bureau of Labor Statistics (BLS) reveal that states in the West and Southeast are experiencing relatively faster growth rates for construction employment.

Regional employment data for August from the BLS and NAHB analysis indicates that the states with the largest gains in year-over-year construction employment, in percentage terms, were Arkansas (13.6%), Idaho (10%), South Carolina (9.1%), Iowa (8.9%), Kansas (8.1%) and Washington (8%). Thirty-six states plus the District of Columbia experienced year-over-year gains in construction employment as of August.

The largest year-over-year employment gains were witnessed in Utah (4%), Oregon (3.5%), Florida (3.3%), Nevada (3.3%), and Washington (3.2%).

[Read the full article]

This past Friday, the Federal Reserve released its latest figures on the housing wealth of Americans. Here are some of the findings, as reported by CBS Money Watch.

Rising home values drove a modest increase in Americans’ household wealth to a new high of $85.7 trillion in the April-June quarter.

The Federal Reserve said Friday that Americans’ stock portfolios climbed $61 billion in value, while housing wealth increased $499 billion. Total household wealth is up from $85 trillion in the first quarter.

Rising household wealth can help boost growth by making consumers feel wealthier and more likely to spend. Economists estimate that consumer spending rises 3 cents to 5 cents for every dollar increase in wealth. Household spending across a wide variety of categories drives about two-thirds of the economy

Americans also stepped up borrowing, a sign of confidence in the economy. The jump in mortgage lending reflects the fact that home sales are rising at a solid pace, and that fewer sales are being made to investors and wealthy individuals, who frequently pay cash for homes. Sales of existing homes have risen nearly 10 percent in the past year and have reached prerecession levels.

[Read the full article]

There’s been a lot of online chatter recently about an Elite Daily article that argues against the idea that millennials should be saving their money. This article from Jillian Berman of MarketWatch provides a counterpoint to that Elite Daily article, highlighting how saving money now is the right thing to do for millennials. Listed among some of the more “selfish” reasons to save money for your future self: the ability to buy a new home of your own.

Financially responsible 20-somethings everywhere were feeling indignant earlier this week after millennial news site Elite Daily published an article arguing that young people who save money are essentially boring.

After all, they’re forgoing frequent taxi rides, high-priced cocktails with colleagues and delicious food at trendy restaurants all in the name of retirement – something they won’t be able to enjoy at least until they are so old they’re officially boring.

But for many young people the decision isn’t between living their 20s to the fullest and socking money away. With wages for young college-educated workers lower than they were 15 years ago and millions of young people saddled by student debt, millennials’ financial priorities often come down to a choice between shacking up with several roommates or shirking their student loan responsibilities.

“My life changed when I became frugal by choice instead of frugal by necessity,” said Stefanie O’Connell, the author of the “The Broke and Beautiful Life,” a personal finance book. O’Connell initially started budgeting aggressively when she wasn’t getting regular paychecks as an actress. Now, thanks to a budding writing and blogging career, she’s able to save 20% of her income and – gasp – still enjoy her life.

In fact, O’Connell views saving as a selfish act, because it’s literally setting aside money for her future self.

By socking some of her paycheck away for five years, Ashley Rey, a financial adviser at Wells Fargo in Short Hills, NJ, was able to own her own home by 27. Yes, 27! She was able to do this while partaking in horseback riding, an expensive hobby. She did have to cut back a bit on socializing, going out only one night every weekend instead of two.

“I can say that I’m a proud recent home buyer, but I did not eat beans and rice every night to get there,” Rey said.

Imagine a universe where instead of sending an ungodly portion of your income every month to a landlord, you could be using that to pay down a mortgage on something that is yours and will (hopefully) increase your wealth one day. Also you can paint the walls whatever color you want and never have to switch them back.

[Read the full article]

According to the results of a new online survey, Americans are less concerned about raising mortgage rates than they are about being able to get a mortgage or finding a home they like. The survey, featured in this article from Trulia, shows that mortgage rates would need to be higher than 6% to discourage prospective homebuyers from buying a home.

While the jury is still out on what the Federal Reserve is going to do about the Fed Funds rate increase, there is certainty that it will happen at some point in the near future. When the Feds decide to raise rates, any increase will be nominal and gradual. The anticipation is that the initial increase will be only 25 basis points (e.g., from 3.75% to 4.00%). This is still about 50 basis points lower than the high reached in the summer of 2013 when the Federal Reserve first announced that it would start fading out of its easy monetary policy.

If rates increase 25 basis points, mortgage rates are still at historical lows and exceptionally favorable for homebuyers. The actual impact on a typical homebuyer will be marginal, but this really depends on the buyer’s budget. According to a new survey conducted online by Harris Poll on behalf of Trulia from September 14 -16, 2015 among 2,031 U.S. adults 18 and older, 69% of Americans who would ever buy a home said $250,000 or less is the maximum price that they would be willing to pay to buy their first or next home.

So for a buyer with household income of $60,000 and 20% down payment, the increase in mortgage rates on a 30-year fixed rate loan from 3.75% to 4.00%, would mean that the maximum amount they could spend on a home would fall from about $308,000 to $301,000 – keeping within the budget of most Americans. The drop is relatively larger for a buyer with household income of $100,000, but their budget is also relatively larger.

Long story short, an increase in rates would not turn people off from buying a home, but it may slightly lower the price range in which they are looking to buy.

Most importantly though, if the Federal Reserve decides to raise rates this year, it will be because they are confident that the economy will weather any short-term shocks. Over the longer term, the strong economic fundamentals, including robust job growth, better-paying jobs, rising wages, strong consumer demand, and demographic currents in favor of the housing market will boost demand for homes.

[Read the full article]

Woodstock community offers excellent amenities, easy commute to I-575

Following the grand opening of its beautiful new model home in Wynchase earlier this year, Lennar Atlanta welcomes new home buyers who want to check out the variety of floorplans that are offered in this successful and well-established new home neighborhood in Woodstock (Cherokee County). Currently, five different Lennar Atlanta floorplans are available for touring.

Wynchase in sought-after Woodstock offers homes from the mid $300s. The community is located in a peaceful wooded setting and offers the best of family living – including great swim and tennis amenities and winding sidewalks.

Wynchase amenities
Amenities at Lennar Atlanta’s Wynchase community in Woodstock (Cherokee County)

Throughout the greater Atlanta metropolitan area, Lennar Atlanta homes are known for their generous open floorplans, fine finishes and detailed, quality craftsmanship. Buyers in the Wynchase neighborhood appreciate the area’s good schools as well as the major traffic arteries that make their commute into metro Atlanta and to nearby business centers quite convenient.

Ginny Bryant, Vice President of Sales for Lennar Atlanta, reminds new homebuyers that “each Lennar Atlanta community has its own comprehensive set of Everything’s Included features.” Interested homebuyers are encouraged to learn more about this program when visiting Wynchase, or when exploring any one of the beautiful Lennar Atlanta communities in Georgia.

Since opening its Georgia headquarters in July 2010, Lennar Atlanta has built more than 1,200 single family residences and townhomes in 30+ communities throughout Georgia, mainly along Atlanta’s northern crescent.

Wynchase Family Room
Wynchase Family Room

Visit the Lennar Atlanta Welcome Home Center at Wynchase soon. To learn more about living in Wynchase or one of the other beautiful Lennar Atlanta communities, please call 404-931-7462 or email: lennaratlanta@lennar.com.

Wynchase Welcome Home Center
273 Edinburgh Lane
Woodstock, Georgia, 30188
678-252-9942
Open Daily 10-6
Wednesday and Sunday 1-6