ZZZ - GMG - VEGAS INC 2011-2014

115˚10'0"W Aliante Golf Course Nellis Small Arms Range 215 215 Elkhorn Rd 95 te Dr In business tR N Tenaya Way es eW tag in Po n Fro N Durango Dr N Buffalo Dr Mountain Ridge Park y Sk N Grand Canyon Dr Severence Ln d Q+A: Robb Beville Centen Centennial Pky nia l Ce ure Rd nte Az rB lvd James K Seastrand Park 215 15 Eldorado Park oin Dr te W Tropical Pky yP Sk local homebuilder competes with the big boys, beats the recession W An By Eli Segall staff writer n Rd W Ann Rd of the get 4 to 5 percent price appreciation for end d o w quarter or year. and quickly as they do. Sha 93 Creek the whole year, I'd be really happy. Homebuilder Robb Beville is a rare Los Prados Golf Course Painted Desert Golf Course Can public builders sell homes cheaper breed in Las Vegas: He works for a local The valley's home construction market Golf Club Goynes company. softened in recent months but overall, VistaBuilders have been increasing incen- than you because they're bigger? Monte Park They can. Where they really benefit The valley's home construction mar- business is a lot better than in 2012. Parktives. Is that because sales are slowing? m W L ne d It's twoCathings. It's either a slowdown is in buying materials. They've got ... ketois Mountain RMemory Gardens out-of-state, publicly What do you think next year will bring? dominated by Mountain Crest Craig Ranch 610 Park Cemetery traded builders that are worth billions I think we'll stay relatively flat. I'm not in sales, or they need to move inventory purchasing power, so they get Craigbetter E a Rd Golf Course 573 95 W Craig thousands of people fast of dollars, employ Rd projecting any big changes. If we can W Craig Rd because they're Ecoming up to the price. Craig Rd 573 and sell tens of thousands of homes W Craig Rd Nicholas E Flores Jr nationwide each year. They include Mid Park Blv W Alexander Rd E Alexander Rd as eg ami's LennarFamily Corp., Texas' D.R. Horton 599 V W Wayne Bunker as Park NL Alexander Villas and Los Angeles' KB Home. Park Community Beville, president of Las Vegas-based College Buckskin Durango Children's Memorial Of Southern NV and Park Hills Harmony Homes, has 55 employeesPark 15 E Cheyenne Ave City View E Cheyenne Ave GC 574 sells about 400 homes a year. Heenne joined Nellis Meadows W Cheyenne Ave W Chey Park Ave W Cheyenne Ave 604 Park 574 Mountain a Harmony in 2009,View year after it was North Las Vegas Hospital 95 N o r t h L a s V e g a s Golf Course founded by developer Jim Rhodes. E Evans Ave A i r Te r m i n a l as NL Ve N Lamb Blvd ino Al Norte N Decatur Blvd n To op ah y Hw N Jensen St Allen Ln N Jones Blvd N Rainbow Blvd N Durango Dr N El Capitan Way N Grand Canyon Dr W Ann Rd r r oD ch an NR Nellis Air Force Base N 5th St N Pecos Rd N Lamb Blvd N Nellis Blvd Civ ic Belmont St y d C e tr n al P k N Bruce St St NM ain SG ran 612 Paradise Park Sw S Pecos Rd Whitney Park y 515 ER us se ll Las Ve ga s Ex py 95 E Sunset Rd Galleria At Sunset 562 Wildhorse GC 9 12/18/13 3:51:27 PM Gra Sunset Park Henderson 115˚10'0"W 20131223_VI09_F.indd 9 Rd Paradise Memorial Park Valle y Pky S Eastern Ave E Russell Rd Cannon School Park nK Paradise Rd Hw Ora Bermuda Rd so n rH The Strip E Tropicana Ave rag lde S Las Vegas Blvd Maslow Park u Bo Dean Martin Dr 593 Horseman And Dog Fancier's Park N Green University Of NevadaLas Vegas E Flamingo Rd 592 Desert Springs Hospital Stallion Mountain CC Mountain Vista St S Decatur Blvd 93 S Sandhill Rd S Eastern Ave Orr Community Center Park os Las Vegas -M cL National eo Golf Course S Nellis Blvd Boulevard Mall E Warm Springs Rd W Warm Springs Rd 95 Desert Rose Golf Course Royal Links GC y Hw er uld George Crockett Rd Winchester Park E Sahara Ave G 215 589 582 nK Belt Winterwood Park 95 E Desert Inn Rd Int'l Airport Golf Center E Charleston Blvd 515 McLeod Dr S Maryland Pky Sunrise Hospital And Medical Center DOCSIS 3.0 modem required. Cox cannot guarantee uninterrupted or error-free Internet service or the speed of your service. 562 Actual speeds may vary. Services not available in all areas. Other restrictionsEapply. © 2013 Cox Communications, Inc. Sunset Rd All rights reserved. Callaway rn L a s Ve gas Stewart Ave Ve S Lamb Blvd S Main St Stri p E Sahara Ave The Paradise Rd lvd sB as V ega SL Las Vegas Country Club Jaycee Park 593 No matter where your business is located, nobody covers the Las Vegas metro area like Cox Business. We offer Internet packages with top download speeds ranging from 10 Mbps to 150 Mbps and upload speeds up to 20 Mbps. Need faster? W Russell Rd We also offer top speeds from 1 Gbps to 10 Gbps. Now that's coverage. 604 McCarran Call us at 702-522-9817 or15 Bali coxbusiness.com visit Southe Las 159 E St Louis Ave Baker Park Thomas & Mack Center E Tropicana Ave Hai GC Rivera Park N Stephanie St N Decatur Blvd N Rainbow Blvd N Martin L King Blvd S Martin L King Blvd S Rancho Dr S Valley View Blvd son Hwy Stewart Ave E Charleston Blvd E Flamingo Rd W Tropicana Ave St 604 The Wynn GC Sands Ave Orleans Arena Grag Bo S Rainbow Blvd 15 592 nK Ora S Rainbow Blvd Fre mo nt Las Vegas Expy S Durango Dr S Decatur Blvd S Durango Dr S Buffalo Dr lvd mp art B S Ra Ora Desert Pines GC n Hwy Oran K Gragso | Las Vegas E Bonanza Rd E Bonanza Rd xpy 23 DECEMBER 2013 95 d | University Medical Center Fashion Show Mall Spring Mountain Rd W Flamingo Rd 515 E Washington Ave Eldorado School Park E Washington Ave Freedom Park c Pe Southern Hills Hospital & Med Ctr Cashman School Park 596 Cashman Field Center Stadium 579 E Owens Ave sE ga W Desert Inn Rd 578 607 enson St d ise R Parad na f b E Lake M 147 E Owens Ave Woodlawn Cemetery Palm St Potosi Park 95 W Charleston Blvd W Sahara Ave 589 By Eli Segall staff writer Despite continued improvements, Las Desert Breeze Park Vegas is still the underwater capital of Prosperity America. Park W Flamingo Rd The valley's rate of upside-down borWest Flamingo Park rowers — homeowners whose mortgage debt outweighs their home value — was Paul Meyer 39.6 percent last quarter, down from Park 63  percent a year ago, according to a W Tropicana Ave new report from Zillow. At Spanish Trail Spanish Trail the peak in early 2012, 71 percent of Country Country Club local borrowers were underwater. Club Spring Valley Las Vegas had the highest rate last Hospital quarter among the 30 metro areas listed in the report. Nationally, 21 percent 595 of borrowers were underwater. Things are improving because of rising home values. Locally, they climbed 33 percent over the past year, the sec215 ond-fastest rate in the country, accord215 ing to Zillow. Martin Luther King Park E Lake Mead Blvd North Vista Hospital Medical Center N Eastern Ave Cragin Park Fantasy Park 93 Alta Dr real estate James Gay Park Las Vegas W Washington Ave Golf Club Lorenzi Park W Bonanza Rd Las Veg as Expy 599 Meadows Mall S Jones Blvd N Rampart Blvd Dr nte r Ce wn r oD ch S Fort Apache Rd W Desert Inn Rd Fountain Park Hartke Park W Owens Ave Vegas Dr Rainbow Family Park Las Vegas still tops Davis Park for underwater homes Doolittle Park an W Sahara Ave 612 We deliver fast, consistent Internet here and here and here and here… What advantages do their deep pockets Golf Course afford? E Summerlin Pky Westcliff Dr 95 They can have more open communities than I can have. That's what gets Ansan Sister City Park them the market share. They have more Alta Dr money, so they can buy more land. As a private guy, I have only so much W Charleston Blvd 159 equity to play with, so I don't necessar595 ily have the ability to go out there and expand my community count as easily Canyon Gate Country Club 93 Sunrise Vista GC E Carey Ave Von Tobel Park North Las Vegas W Lake Mead Blvd NR Badlands GC y Angel Park Legacy Golf Club W Carey Ave Pettiti Park Valley View Park W Lake Mead Blvd W Washington Ave TPC-Summerlin TPC-Canyons GC 596 Hw TPC-Summerlin Golf Course ah ointe Rd op Hillp n To vd Heers What's it like to compete with big, naPark tional builders? Smoke Ranch Rd We don't have to run decisions up to land committees or regional sales manW ke ad Blvd agersLaorMeregional marketing people. If we want moreWoofter Family more flags or an signs or Park adVegas Dr newspaper, we just do it. We in the Bruce Trent can respond real quickly. Park Palm Valley Golf Club Simmons St Del Webb Blvd N Jones Bl d N Buffalo Dr Los ee Rd Ce n ter D Sunrise Vista Golf Course

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