3 homebuilders buy 630 acres in NW Las Vegas Valley

Las Vegas’ homebuilding market has been heating up with fast-rising sales and record prices. In another sign that things aren’t cooling anytime soon, three builders have teamed up to buy more than 600 acres – and by all accounts, it’s the largest single purchase of a housing site in years. Lennar Corp., Shea Homes and Woodside Homes formed a joint venture to acquire 630 acres in the upper northwest valley, the builders said.

Source: Las Vegas Review-Journal