NEW HOMES and LIVING COMMUNITY SPOTLIGHT — ASTORIA HOMES

Spectacular Southern Hills by Astoria Homes™ Grand Opening

The long-awaited and eagerly anticipated debut of Southern Hills by ASTORIA HOMES has finally arrived. Beautifully furnished model homes are now available for viewing, showcasing the homes' architecture and luxurious styling. Southern Hills, located on Horizon Ridge Parkway east of Eastern Avenue, is the newest addition to the esteemed area, which is also home to Green Valley Ranch, Seven Hills and Anthem.

"The time has come to introduce Southern Hills, ASTORIA HOMES' latest offering to Southern Nevada residents," said ASTORIA HOMES Senior Vice President of Sales Geoff Gorman. "We believe that the homes at Southern Hills will be the benchmark for all other homebuilders to follow."

Southern Hills offers more than just a home, it's a lifestyle for the whole family. This fabulous community is surrounded by walking and bike trails, parks, green belts, championship golf courses, highly rated schools, the Henderson Multigenerational Community Center, dining and shopping. The area is also home to the fames Green Valey Ranch Resort, Casino & Spa and the District at Green Valley Ranch.

Southern Hills is the epitome of affordable luxury living. Starting from the low $500s, the homes offer a select collection of ASTORIA HOMES' most popular floor plans complete with bonus rooms, dens, retreats, lofts, mini-suites, state-of-the-art kitchens, abundant storage and spacious pool-sized yards. With four floor plans, homes will range from 2,722 to 3,688 square feet with four to five bedrooms and three-car garages.

Early phase opportunities are currently available for Southern Hills, making it one of the best deals for a new luxury home on the market.

"Based on early indicators, we expect the demand for these homes to be very high," said Gorman. "If you are in the market for an exceptional family home, we encourage you to take a tour of Southern Hills before the community is sold out."

Gorman added, "Homebuyers will want to take advantage of our More for Your Money™ program. We offer more rooms per square foot than other homebuilders and brand-name features that raise the level of quality in your home. With More for Your Money, we promise our homebuyer quality construction, value and top-notch customer service."

Honoring ASTORIA HOMES' long-held commitment to energy conservation, ENERGY STAR® features are built into all of the homes at Southern Hills. ENERGY STAR is an EPA approved system that makes homes more energy efficient, providing cost savings to the homeowner. ASTORIA HOMES, which remains a 100% ENERGY STAR builder, was named 2005 ENERGY STAR Partner of the Year by the EPA. The homebuilder previously received the honor in 2003.

"Our award-winning ENERGY STAR construction assists our homeowners in saving on costly energy bills, while contributing to the overall health of our environment," said Gorman.

Las Vegas-based ASTORIA HOMES is a homebuilder with communities starting from the low $200,000s. ASTORIA HOMES has developed several top selling local communities such as, Independence, The Verandas at The Peaks and The Courtyards at The Peaks in the Southwest; Fields and Prominence at Aliante; ASTORIA HOMES' own min-master-planned community and Triumph Neighborhood, Tapestry, offers three interwoven communities including The Avenues, The Lanes and The Courts; and Cornerstone is located at the base of Lone Mountain near Summerlin.