Ward is referring to the much publicized Housing and Economic Recovery Act of 2008, signed by President Bush on July 30. Two of the reforms in this bill, a tax credit for first-time buyers and a foreclosure rescue program, have been widely praised by consumer advocacy groups.

However, the act also will eliminate the use of down payment assistance programs funded by those who have a financial interest in the sale.

Thus, home builders such as D.R. Horton will no longer be able to provide this program after Oct. 31.

"The S.A.D. Sale will take place on the absolute last weekend we will offer this program," Ward said. The Federal Housing Administration requires all applicants qualifying for down payment assistance have final credit approval by Sept. 30. For a very limited time, we may be able to arrange for a qualified buyer's F.H.A. down payment to be provided to them. In some cases, that's up to $12,000. In addition, the new federal law allows first-time homebuyers a tax credit of $7,500. Our promotion wraps all these opportunities together with our lowest prices of the year. In many instances, we will sweeten the deal with great financing packages."

For more than 10 years, D.R. Horton's Las Vegas Division has been known as the Las Vegas Valley's leader in single-story homes.

Twenty-two of the builder's neighborhoods exclusively showcase single-story homes that range from 1,000 to more than 5,000 square feet. Many ranch-style floor plans feature dual master bedrooms.

"More and more families find themselves housing multiple family generations," Ward said. "Our 2350 and 2550 dual master floor plans have been a huge hit for families with grown children."

D.R. Horton has recently lowered the sales price of the award-winning 2350 floor plan for the S.A.D. Sale.

The Las Vegas Division's portfolio of single-story homes can be viewed at DRHorton.com.

Over the past seven years, D.R. Horton has unveiled a line of townhome floor plans called triplexes. They feature attached garages and amenities, including swimming pools.

These floor plans are typically offered in the builder's Ranch communities. The Horton Ranches offer multiple model complexes in a wide range of price points, beginning in the low $100,000s.

Each of these communities has homes available for the S.A.D. Sale.

D.R. Horton Inc. was named the nation's largest home builder in the May 2008 issue of Professional Builder magazine. Nationwide, the builder closed 37,717 homes in calendar year 2007. D.R. Horton's Las Vegas Division has an inventory of more than 100 homes available for move-in within the next 60 days.

D.R Horton is offering down payment assistance in 20 of its 35 valleywide communities, as well as four communities in Laughlin.

For information on special event pricing, incentives, locations and a roster of homes included in the S.A.D. Sale, go to SADsale.com.

Interested homebuyers and Realtors are encouraged to contact the Division's Concierge Services at 501-6301.