The 2008 Parade of Homes is presently underway in Las Vegas and Henderson. This show features over a dozen of the top luxury listings in the valley including modern architectural projects featuring strip views like Canyon Edge and over the top luxury in The Ridges in Summerlin at a price of $18,500,000. What a great opportunity to leisurely view cutting edge design concepts and see some of the finest luxury home offerings from builders and the best of their trade vendors. It is amazing to see the luxury home product continually raise the bar and become more innovative each year. If you have time to get to this show, I think you will be impressed!
Our 2008 first quarter sales results continue to show that the ultra luxury market (homes priced at over $3,000,000) continues to be strong. Our recorded sales were up 85% from the first quarter of 2007. The wealthy from all over the world are continuing to move to Las Vegas and recognize the advantage of owning luxury real estate in Las Vegas. The Parade of Homes helps demonstrate how our luxury home product continues to improve and how much more diverse our product offering has become.