Saturday, July 5, 2014

SUMMERLIN’S NEW HOMES OFFER HOME BUYERS TECHNOLOGICAL PERKS AND FIRST-OWNER ADVANTAGES

Summerlin's Stunning Home Model Living RoomThe Paseos, one of Summerlin’s most popular villages, is currently offering seven alluring new neighborhoods by five home builders with prices starting in the low $300,000s. Floor plans include homes with an almost dizzying array of options, including as many as seven bedrooms, a first-floor guest suite, dual master-bedroom suites, wide accordion-style patio doors and, three-car garages, to name a few.

While some home buyers search for similar features in pre-owned homes with a smaller price tag, opting for new construction can ultimately give buyers more bang for the buck. In addition to the obvious advantages of selecting a home that best meets buyers’ needs and lifestyles, new homes are built to the latest energy conservation standards and include Energy STAR certified appliances, window sheeting, higher-efficiency insulation and doors and windows that help drop utility bills by double digits in some instances.

New homes not only offer the latest home efficiency standards, they also include technological advances built right into the homes that allow homeowners to seamlessly plug in to desktops and mobile devices. New homes give homebuyers the opportunity to pick and choose the layout, amenities and personalized design elements that make a house a dream home.

Woodside Homes, Toll Brothers, Pulte Homes, Lennar and KB Home are all offering more than 30 one- and two-story floor plans in The Paseos. All of the homes come standard with certain amenities that houses built five and six years ago simply can’t offer.

“Part of buying a home is finding a house that represents who you are,” said Danielle Bisterfeldt, director of marketing for Summerlin. “That means being able to pick and choose not just the location and number of floors in the home, but also the color scheme, flooring, wall textures, lighting fixtures the number of bedrooms and bathrooms and overall floor plan. Our builders offer so many options that in many cases, choosing a floor plan can feel almost like designing your own home.”

“Think of buying a new home like buying a new car,” said Tom Warden, vice president, Summerlin. “You can get a cheaper sticker price for a car built in 2006, but the technology in a 2014 car is far more advanced. Like cars, amenities and safety features included in today’s new homes weren’t standard, or in some cases, even available just a few years ago. The cost difference in many cases may be marginal, and the homes built today are designed to help you save money in the long run.”

For more information about new homes in Summerlin, visit summerlin.com or download the new home finding app by searching “Summerlin” in your app store.

PHOTO CAPTION: Segovia by Pulte Homes in The Paseos village offers a variety of new home features. These include wide, collapsible slider patio doors, built-in audio and video with fireplace as well as unseen “green” additions like cathedral insulation, highly efficient 15 SEER-rated air conditioning units and optional solar panels.

About Summerlin
Developed by The Howard Hughes Corporation, Summerlin began to take shape in 1990 and has ranked in the country’s top 10 best-selling master-planned communities for nearly two decades. Located along the western rim of the Las Vegas valley, Summerlin encompasses 22,500 acres with approximately 6,000 acres still remaining to accommodate future growth within the master plan. The community is currently home to more than 100,000 residents who enjoy an unparalleled list of amenities. These include more than 150 neighborhood and village parks, more than 150 completed miles of trails, 22 public and private schools, 14 houses of worship, nine golf courses, shopping centers, medical and cultural facilities, business parks and dozens of actively selling floor plans. Homes are available in a variety of styles – from single-family homes to townhomes and condominiums– priced from the $300,000s to more than $1 million. Custom homesites in The Ridges are priced from the $400,000s. Luxury apartment homes offer monthly rents starting from the $800s. Visit www.summerlin.com for more information.

About The Howard Hughes Corporation®
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Our properties include master planned communities, operating properties, development opportunities and other unique assets spanning 16 states from New York to Hawai‘i. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC and is headquartered in Dallas, TX. For additional information about HHC, visit www.howardhughes.com.

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Statements made in this press release that are not historical facts, including statements accompanied by words such as “will,” “believe,” “expect,” “enables,” “realize”, “plan,” “intend,” “transform” and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in The Howard Hughes Corporation’s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. The Howard Hughes Corporation cautions you not to place undue reliance on the forward-looking statements contained in this release. The Howard Hughes Corporation does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.