Lifestyle Realty

Lifestyle Realty Real Estate License No. S.182629 Pacific Group

Featuring market insights, trending! Las Vegas!

12/29/2025

12/29/2025
Breckenridge Premier Ski Resort and Summer Vacation DestinationFor more info DM me!
08/13/2025

Breckenridge Premier Ski Resort and Summer Vacation Destination

For more info DM me!

03/14/2025

Contact Patrick Blennerhassett at [email protected]

Jacqueline Kleips
S.0182629
702-738-7546
[email protected]
Lifestyle Realty
Investments. Relocation. New Homes. Commercial.

Nearly 400 homes built on 88 acres in Summerlin West as part of a new community by homebuilder Taylor Morrison.

Construction on 398 homes in a community called Esplande at Summerlin along Lake Mead Boulevard will start in the first quarter of next year with sales starting in the second quarter of 2026, the homebuilder said.

The resort living community will also feature a 10,000-square-foot clubhouse which will have a restaurant, spa, golf simulator, fitness center, pool, pickleball courts and walking trails. The homes will range from 1,500 to 3,200 square feet, the homebuilder said.

Clark County property records show a land banker purchased 88 acres spread over three parcels on behalf of Taylor Morrison in September for $107 million. The seller was Howard Hughes, the master-plan developer behind Summerlin.

Kent Lay, Las Vegas division president at Taylor Morrison, said the homes will have a Palm Springs modern feel.

“We are looking forward to bringing new housing to the Summerlin area and expanding our Esplanade brand to the Las Vegas market, while providing residents with signature resort-style amenities and wellness programs,” he said.

Summerlin was recently ranked in the top 10 best-selling master planned communities (5th) in the country for 2024, according to a report released by RCLCO, a national real estate consultant. Summerlin had 1,055 home sales last year, according to RCLCO.

Summerlin is in its 35th year and features more than 300 parks, more than 200 miles of interconnected trails, multiple community centers, 10 golf courses and 26 public, private and charter schools.

12/09/2024

Dont wait to buy its likely to be more expensive and less options if the rates even go down.
….
Many people fail to conceptualize the difference between nominal value and real value when it comes to home values.

We've experienced a 21.2% rate of cumulative inflation since 2020.
Your purchasing power and the value of your dollar have dropped by 21.2% in four years.

If you purchased a home in 2020 for $500,000 and your nominal / market value today is $606,000, your *REAL* value gain is....$0.

If you bought a home in 2014 for $300,000, if that home JUST paced inflation, in 2044 it'd be worth $651,376.

Home values historically have risen at around 5.5% YoY over the last 30 years, outpacing prior historical inflation by 3-3.5%

If that pace maintains and you purchased a home in 2014 for $300,000, then by 2054, yes, that home would be worth $1,495,185.

That said, I don't know that home values will outpace inflation forever. That isn't sustainable. We're due an adjustment and correction. But I'm still struggling to see that happen any time in the near future. It could, but it's tough to see how here in Las Vegas. I'd personally welcome a 15-20% decline in values, as affordability is at all-time lows. More participation in the marketplace is better for everyone on the macro level. But outside of a tremendous amount of oversupply and deflationary event, it's hard to see how that actually happens here.

Owning real estate has been a tremendous hedge against inflation in the past, but interestingly enough in the last few quarters here, prices are barely pacing inflation, thus in real value terms, they are declining, though nominal values still appear to be increasing on their face.

Las Vegas is seeing an influx of between 1,200-1,500 residents per WEEK moving to our city, and we just do not have the supply to keep up with demand right now. There's hope that these 50,000 acres of BLM land the governor has petitioned to be released for SFR and mixed-use development can help add a lot of needed inventory, and that could soften prices a bit 5-6 years down the road, but at the end of the day, we have an undersupply of homes and an over demand of people wanting to own homes in Las Vegas.

The real truth is, no one has a crystal ball as to what happens 10, 20, or 30 years from now or more importantly...even just 6-12 months from now, and if they claim they do, you should find another agent.

Full Equestrian facility. On SALE since July 2024, About 2,000 Acres with all the amenities one who could hope for. Just...
12/02/2024

Full Equestrian facility. On SALE since July 2024, About 2,000 Acres with all the amenities one who could hope for. Just under $80 million for a Dream Ranch, in the fastest growing area of Montana outpacing all other cities in the United States. A flood of cash buyers from California migrating into this area.

Fourplex Investment Property in explosive growth here in Las Vegas. Hollywood 2.0. Warner Brothers Studio. Oakland A’s. ...
10/28/2024

Fourplex Investment Property in explosive growth here in Las Vegas.

Hollywood 2.0. Warner Brothers Studio. Oakland A’s. Silicon Valley.

Brightline West's state-of-the-art stations will serve residents and visitors throughout Las Vegas and Southern California with convenient locations in Las Vegas, Apple Valley, Hesperia and Rancho Cucamonga.

The Las Vegas station is being built near the Strip between Interstate 15 and Las Vegas Boulevard, providing convenient access to the Harry Reid International Airport, the Las Vegas Convention Center, and the Raiders' Allegiant Stadium, according to a Brightline release.

DM for info! 🥳🥳🥳

09/12/2024
The $12 billion project was also approved for $3.5 billion in private activity. Brightline plans to use debt and private...
09/11/2024

The $12 billion project was also approved for $3.5 billion in private activity. Brightline plans to use debt and private capital to pay for the remaining costs of constructing the rail project.

Brightline is aiming to have construction wrapped up and train service operating ahead of the 2028 Los Angeles Olympics.

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Pacific Group 1751 E Desert Inn Road
Las Vegas, NV
89169

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