Palo Verde, Acacia and Mesquite the three neighborhoods that will come up as part of the master-planned community called the Nevada Trails. The community will include parks, hiking trails and a elementary school.

Many homes at Nevada Trails will feature courtyard entries, island kitchens, 3 bay garages and sun room. All homes are designed according to the ComfortWise® and Energy Star standards. The homes will not only save energy but also create a much healthier and comfortable living environment.Features include customized air conditioners, extra-tight duct systems, and spectrally selective glass windows that let in natural light but block the harmful uv rays.

According to the developers Palo Verde features courtyards homes with up to 6 bedrooms, 5 bathrooms and approximately 5,051 square feet. Acacia will feature homes up to 5 bedrooms, 4 bathrooms and approximately 3,308 square feet. One or two story models available. Mesquite will have homes up to 5 bedrooms, ranging in size from 1,535 to 2,435 square feet.

C2 Lofts are selling very well. The homes in the first building have almost sold out. The sales for the second building units are under way. C2 Lofts are unique to southern Nevada as there are no other lofts available in this part of the State.

Buyers who come from all age groups and lifestyles have one thing in common. They all want an independent lifestyles with zero maintenance responsibility. Also they would like to have the creative freedom to utilise their interior spaces the way they want. Lofts allow this creative freedom and buyers find this a very attractive option.

The lofts are designed with exposed ductwork, huge windows, high 10- 12 foot ceilings depending on the loft layouts. All homes are equipped with stainsteel appliances, granite counter tops. You can opt for fireplaces, treatments for your walls, flooring options etc. The homes are prices from 1,400 to 2800 sq feet and available in a choice of 8 floor plans and priced from $600,000s to more than $900,000

Palms hotel casinos are planning to go vertical with yet another 52-story condominium hotel and spa. The project called the Palms Place will have 599 condominiums. The construction is schedule to begin in 2006, but celebrities, major recording artists, prominent sports figures and actors already booked most of the residences in the Palms Place. The residents of the Palms Place will have 24-hour access to the amenities at the Palms via an enclosed, elevated moving walkway. To create an exclusive environment the Palms Place will have only one tower.

The fully furnished condominium will range from 600 to 7,000 square feet with price ranging from $500,000 to $7 million. The new development will have private entryway, valet parking and 50,000 square feet swimming pool and spa many more unique amenities. After the expansion the Palms will have 1,366 rooms in three towers. Palms opened their first 42-story, 420 rooms hotel-casino in 2001 followed by 40-story, 347 room hotel tower, which still under construction.

Housing prices saw a downward trend in October and there are more than 12,000 homes in the market. Condo conversions are one of the reasons behind this downward trend. Last month one-third of the new home sales were condo conversions. The median price of resale homes in October was $285,000, which is $5,000 less than the previous month. Many attribute this downward trend to the housing bubble. A housing bubble is created when the supply exceeds the demand, which is not the case in Las Vegas. Drop in the housing market can prove advantageous to those who want to purchase house during this period. These slight dips in home prices were the first for the valley homeowners in almost two years. As the mortgages rates continue to rise, it is making the process of buying a house more difficult. The number of houses for sale in more than double than what it was six months back.