Who would have thought such a list even existed in this real estate market? Especially since the new home segment is having major trouble in moving inventory almost everywhere, including here in Southern Nevada. But it's true. Robert Charles Lesser & Co., a housing advisory firm, is behind the study that keeps track of home sales in master-planned communities nationwide and then ranks them.
Mountain's Edge claimed the high spot on the best-selling list with 879 houses sold in 2008, although overall sales there went down by 49%. It's somewhat surprising that even that many properties were closed there considering all the overbuilding Las Vegas has experienced and the turmoil in the mortgage and financial industries. Their incentives must've worked fairly well because new homes prices generally aren't competitive with the resale sector.
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