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SOURCE Focus Property Group
LAS VEGAS, Jan. 14, 2014 /PRNewswire/ -- Two Southern Nevada master planned communities by Las Vegas-based Focus Property Group continue to be desired places for buyers to call home. Mountain's Edge and Providence are still among the country's top 10 fastest-selling master plans, according to 2013 net sales surveys by leading real estate industry research and consulting firms, John Burns Real Estate Consulting, LLC, and RCLCO.
Mountain's Edge, a 3,500-acre master planned community in southwest Las Vegas, was the country's fourth fastest-selling master plan last year with 841 net sales. Providence, a 1,200-acre master plan in northwest Las Vegas, was the seventh with 726 net sales.
"Two master-planned communities in our annual Top 20 Master Planned Communities list is an amazing accomplishment," said Kenneth S. Perlman, John Burns Real Estate Consulting senior vice president of consulting. "John Ritter and the Focus Property Group team have worked diligently to make Mountain's Edge and Providence successful, in spite of the many challenges the Las Vegas market has faced in recent years."
Mountain's Edge and Providence are the only Nevada communities in the national top 10 and the state's top sellers. Both have been new home sales leaders, nationally and locally, since they began selling homes in 2004 and 2006, respectively.
The surveys are located at: http://www.realestateconsulting.com/images/JBREC-2013Top20MPC.pdf
"Our team continues to be thankful for the recognition homebuyers have shown in the lifestyle and community design we've created for them at Mountain's Edge and Providence," said John Ritter, Focus Property Group chief executive officer. "Buyers are even more appreciative now that they can afford a new home in an established community with mature landscaping along its streets and wide sidewalks, plus numerous parks, trails, schools and other amenities. This is in addition to many builder-offered floor plan and pricing options, and nearby employment, schools, shopping and freeway access. Mountain's Edge and Providence really are ideal for people starting a family or getting ready to retire."
Mountain's Edge has sold more than 10,000 homes and will have approximately 12,500 residential units at build-out. Providence has sold more than 4,000 homes and eventually will have about 7,500 units.
Mountain's Edge - https://www.dropbox.com/sh/0p1ldiihfumlmn8/mB8-pv511y
Providence - https://www.dropbox.com/sh/vjshdvur1nlv2k4/uEHrmkvzel
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John A. Ritter
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