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Time to buy luxury custom homesites?

Posted by Kenneth Lowman on September 30, 2010
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The luxury custom homesite market has not escaped the recession and there are many bank owned lots in some of the premier communities like The Ridges.  I just sold a 1/3 acre golf front homesite to one of my good clients for just $205,000! Luxury homesites like these were bringing $750,000 at the market peak.  There may not be a better time to purchase a custom homesite and we are specializing in selling custom lots in The Ridges in addition to our successful luxury home sales throughout Las Vegas.  Builders are hungry and many of the trades that were in high demand 3-4 years ago will now work for nearly cost.  Coupling this with lower material prices makes it an excellent time to build a luxury home.  We know some of the best builders in town so please call us if this is something of interest to you!

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