[aswontsp]

Originally Posted by SportyandMisty

Please -- do tell some stories. Preferably some juicy ones.

Guess there are only 'dried up' stories not worthy of mention.

For home builders though, it is the carpetbaggers that are really attracted to this region. The person mentioned with his "Napolean complex" is just a dime a dozen here.

[foundapeanut]

Originally Posted by lvmensch

Post is again pretty much all nonsense. The single families in Queensridge did drop a few percent as the fate of the golf course became an issue. But over the last year they have fully recovered and are averaging around $205 per SF. That puts them well above the range for competitive rentals. The townhouses there never dropped and are in fact increasing in price quite quickly at the moment. Look very similar to the rest of good LV.

The large lot homes down the middle of the course likely still have some impact...but there are actually not very many of them.

Lived on the golf course. But the course behind us was down in an arroyo. Many feet lower than our house. You should of seen that sucker flood. White water rafters could of went through there a couple times.

How are homes selling on Winter Palace, King's Gate Court, or Orient Express? A current casino owner owns one on KGC and they really spent the money building it. Which even with the golf course open, they would of never got their money back. But I'm sure they don't care. Their casino's print money.

Queensridge is NOT officially in Summerlin. 1 block outside of it. We used to be reminded of that from RE agents. Never hurt when we sold our home, which I all I cared about.

Originally Posted by SportyandMisty

Please -- do tell some stories. Preferably some juicy ones.

Juicy ones - many of the usual ones you hear about men in LV who have let their power go to their heads.

JMO - I think he's fighting so hard for building on this golf course as he has burned enough people in this town. If this doesn't go through, he's done. Think he's promised a little too much to his money source in Israel.

All the land most of his projects are on, came from one guy. And they now have no more land left to sell him.

[lvmensch]

The Badland thing continues to percolate...

The LV city Council is putting up the money to fight of the Badland's developer.

https://www.reviewjournal.com/news/p...urse-lawsuits/

Should be an interesting battle. One big local law firm opined there was no way the developer could get that land rezoned. And there is huge money behind the resistance to developing the course.

The issue got Bob Beers bounced from the city council so the view of the district would seem clear.

[aswontsp]

A tired old golf course community gets sucked into corporate gentrification type greed... Yawn.

[lvmensch]

Originally Posted by aswontsp

A tired old golf course community gets sucked into corporate gentrification type greed... Yawn.

Nothing tired about Queensridge. the oldest homes are just getting to 20 years. And prices in there are up about 10% from a year ago.

[aswontsp]

Originally Posted by lvmensch

Nothing tired about Queensridge. the oldest homes are just getting to 20 years. And prices in there are up about 10% from a year ago.

Thing is, these communities get old and stale after about ~10 years, just look around. The wise tend to move on after that grace period. New construction is key and stability/maintenance of previous developments is simply out of the periphery. Look at the Summit, for example. The higher end offerings open up the doors for the upper echelon to get out of cumulative places like Queensridge.

Queensridge, as you all should know by now is the new Silverstone, nobody REALLY wants to live there. Most of the homes look like the the 90's exploded in them -- as they are oversized, tacky, dated, has-been type monstrosities.

[lvmensch]

Originally Posted by aswontsp

Thing is, these communities get old and stale after about ~10 years, just look around. The wise tend to move on after that grace period. New construction is key and stability/maintenance of previous developments is simply out of the periphery. Look at the Summit, for example. The higher end offerings open up the doors for the upper echelon to get out of cumulative places like Queensridge.

Queensridge, as you all should know by now is the new Silverstone, nobody REALLY wants to live there. Most of the homes look like the the 90's exploded in them -- as they are oversized, tacky, dated, has-been type monstrosities.

Nonsense. Prices go down in places where people would rather not live. And it will be interesting to see what does happen in Silverstone. My bet is still that Silverstone ends up with the golf course for free. but has to subsidize it to make it work.

[aswontsp]

Originally Posted by lvmensch

Nonsense. Prices go down in places where people would rather not live. And it will be interesting to see what does happen in Silverstone. My bet is still that Silverstone ends up with the golf course for free. but has to subsidize it to make it work.

You're wrong. People want to live in the now, not in limbo over what might happen to their investment and livelihood due to some grave robber. The Summit, for example, provides the best outcome for pre-existing Summerlin high tier dwellers for at least the mid-term.

[ddrhazy]

lvmensch wrong about las vegas real estate. Interesting thought new comer. What makes you "right"?

[xusafpilot]

Originally Posted by aswontsp

Mulch beds in the common areas have not been turned over in the better part of a decade, the place has an overall appeal of abandonment. If it drags on long enough and the course is not developed at all, homeowners will contunue to leave and Queensridge will be the next Granada Hills. It will be marketed as "Summerlin's Premier rental community". Dont worry, the "rich" side can afford to leave and cut the loss. It will be quite a scene.

Queens Ridge is near Summerlin but NOT in Summerlin.