Homes
The market for Las vegas homes continues to boom, and 2003 saw a record number of homes sold in the Las Vegas valley. Las vegas homes range from the many moderately priced and family-friendly suburban homes to the more luxurious and exclusive communities. The median price for new Las vegas homes, as of late 2003, was in the mid-$200,000's, and standing inventory is almost non-existent. In some communities, buyers interested in new Las vegas homes wait to participate in a lottery for new offerings. Resales are a bit more attainable and affordable, at a median price of $180,000. In the hotter neighborhoods, available properties go very quickly, and throughout the Las Vegas valley it's necessary to act immediately on available Las vegas homes.
Las vegas homes priced at market are selling within an average of 2.5 percent of the listed price. If you are ready to purchase Las vegas homes, it is smart to request that your agent perform a market analysis for your preferred areas, so you know what asking prices are reasonable, and what offers are likely to be accepted.
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Many investors have been attracted to the great prices and expansive growth in Las Vegas. However, in new Las vegas homes, market investors tend to be limited or excluded altogether, as renters are generally regarded as less desirable for building a new neighborhood than owner-occupants. The current renter's market can also make it challenging for an investor to turn a profit on a property that is likely to stand empty for several months between renters; rents these days for Las vegas homes are quite low in comparison to mortgage and maintenance costs.
Some new Las vegas homes are being designed with a view to saving energy by taking advantage of the year-round sun. In 2003, Pardee Homes debuted its new Nevada Trails Ultimate Family Home, which is designed to generate all the energy it requires.
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Remax the glitzy 10-year-old upstart US franchise. In the other Pam Golding queen of Constantia and the undisputed regent of SA residential property for 25 years.
Estate agents (Financial Mail)
Remax, the glitzy 10-year-old upstart US franchise. In the other, Pam Golding, queen of Constantia and the undisputed regent of SA residential property for 25 years. At stake: to be SA's biggest estate agent.
Home-Price Appreciation Slowed During Third Quarter
around TEXT when there is a so that it does not aligns middle 1 Form Up to 4 Loan Offers U.S. home-price appreciation slowed somewhat during the third quarter with the average cost of a single-family home rising by a still brisk 12% over the 12 months ended Sept.
Home-Price Appreciation Slowed During Third Quarter
around TEXT when there is a so that it does not aligns middle 1 Form Up to 4 Loan Offers U.S. home-price appreciation slowed somewhat during the third quarter with the average cost of a single-family home rising by a still brisk 12% over the 12 months ended Sept.
Harrah's To Sell Flamingo Laughlin To Subsidiaries of American Real Estate Partners, L.P. (Business Wire via Yahoo! Finance)
LAS VEGAS----Nov. 29, 2005--Harrah's Entertainment, Inc. today announced it has signed a definitive agreement to sell the Flamingo Laughlin hotel-casino, and an undeveloped land parcel in Atlantic City, to affiliates of American Real Estate Partners, L.P. for $170 million in cash.
Government steps up kickback fines : The Morning Call Online
of Housing and Urban Development (HUD) and the Federal Deposit Insurance Corp. (FDIC) found that East-West maintained a ''give-to-get'' policy that pressured settlement services professionals for ''gifts that East-West used as employee incentives '' according to HUD.
Richest gift shoppers rein it in a little
Concerns about the economy ? including a softer real estate market rising interest rates and a tepid stock market this year ? caused a plummet in the Affluent Consumer Confidence index to 42 (out of 100) in the third quarter its lowest level since April 2003 according to McDonald Financial Group which developed the quarterly measure. The current reading is down from 52 last quarter and 48 in the year-ago period.
Underground economy of illegals thriving (Arizona Daily Sun)
LAS VEGAS -- Each morning, Israel Gonzalez rises before dawn and...
Banking and Finance (In Business Las Vegas)
Las Vegas-area banks have been enjoying strong earnings for years. Recent quarters have been no exception, and industry watchers and bankers alike have been quick to point to Southern Nevada's rapid growth as a critical key to success.
Suing for a Slice of Domino's
The dispute to be argued before the Supreme Court at 11 a.m. tomorrow sounds like a contest between fast-food giants.
