Directory —
Real Estate —
Blog Details for "Las Vegas Condos"
Las Vegas CondosLas Vegas CondosLas Vegas Condos - Check here for the latest tips, hint, news and insight into the Las Vegas Real Estate Market. Articles
GLVAR Statistics Say it is a Great Time to Buy
2007-07-13 10:15:00 The GLVAR, the Great er Las Vegas Association of Realtors, has published their statistics from May 2007. There were $624 million in sales of Las Vegas Nevada real estate for May. Townhomes and condos for sale in the Las Vegas mls for May was up almost 50 percent from the previous year to 6,343. Median pricing for Las Vegas home sales were $189,999, a 5.9 percent decrease. May had 373 homes sales a decrease of 38.3 percent. These figures show that while sales are up prices are down which makes this an excellent time to purchase a home. If sales continue as this rapid rate the market will have to readjust and prices will start to climb. So if you are considering buying a house or a Las Vegas Condo this might be the time to do it. Bookmark to: &n bsp; More About: Time , Statistics , Stat
Las Vegas Real Estate Median Prices
2007-07-12 08:34:00 It is important to track the median prices in the Las Vegas market to get a feel for where it is headed. Numbers below are in hundreds of thousands of dollars for Las Vegas new homes sold annually. The results are listed in reverse order with oldest dates at the bottom and most recent at the top. Graph in Thousands of Dollars: 0 50 100 150 200 250 300 350 400 Year Amount 2006 $335,315 2005 $309,990 2004 $290,287 2003 $209,611 2002 $186,827 2001 $178,920 2000 $161,893 1999 $147,750 1996 $127,250 1990 $116,990 Bookmark to: &n bsp; More About: Estate , Las Vegas Real Estate , Real Estate , Real
ONE Las Vegas Amenities
2007-07-11 11:11:00 Here is a very cool video of all of the amenities that ONE Las Vega s is building into their condo community. The computer graphics are great. Definetly check this one out. http://www.youtube.com/watch?v=RzUROnIQ-I M Bookmark to: &n bsp; More About: Amen
The Best Condo in Las Vegas
2007-07-10 10:20:00 The are many Las Vega s Condo s but there is only ONE. Check out this cool video for ONE Las Vegas Condos, a five building project that is a complete city by itself. Very cool stuff. Bookmark to: &n bsp;
Market Update - Sales Down but Prices are Up
2007-07-09 08:29:00 Sales of existing homes fell in December, closing out a year in which demand for homes slumped by the largest amount in 17 years.The National Association of Realtors reported that sales of existing homes were down 0.8 percent last month, a bigger decline than had been expected. For the year, sales fell by 8.4 percent, the biggest annual decline since 1989, when existing home sales fell by 14.8 percent. The sales figure underscored the sharp contraction that is going on in the once high-flying housing market, which before last year had set sales records for five straight years. Even with the sharp drop in sales last year, the median price of an existing home sold in 2006 managed to rise a slight 1.1 percent. But that was far below the double-digit gains during the boom years. The median home price had risen by 12.4 percent in 2005. Bookmark to: &n bsp; More About: Market , Sales , Update , Prices
Night Views of Las Vegas
2007-07-08 10:13:00 ONE Las Vega s Condos has a very cool video of downtown Las Vegas at night as seen from a helicopter. Here is the video. Bookmark to: &n bsp; More About: Views , Night
Interest Rates
2007-07-06 10:14:00 As much as we talk about the price when purchasing a house or a Las Vegas Condo we also should have a look at the interest rate. National interest rates have been climbing since June. It is very important to get a good rate because even 1/2% can affect the cost of your real estate purchase by $10,000 or more over the course of your loan. Bookmark to: &n bsp; More About: Interest Rates , Interest , Rates , Rate , Interest Rate
10 Tips for Real Estate Investments - Part 3
2007-07-05 08:28:00 When it comes to investing, everybody has certain goals and aspirations. However, we have found that there are certain guidelines every aspiring real estate investor needs to know. Here are the steps 6-10, the final part in our 3 part post. 7. Investigate Insurance Coverage If seller’s coverage is based on lower-than-current replacement value, your insurance cost may increase when you pay a higher purchase price. 8. Confirm Utility Costs Ask the local utilities to verify recent utility expenses, especially if any of these costs are included in your tenant’s rent. 9. Consult Your Accountant Taxation is a key element of successful real estate investing, so be sure to find an accountant who is well-versed with the constantly evolving tax code. 10. Inspect! Make sure that you always perform a thorough inspection of the property before buying it. Never, ever buy any property without at least examining the site. In some cases, hiring professional inspectors to examine the structural m... More About: Estate , Real Estate , Tips , Real , Part
4th of July in Vegas
2007-07-03 15:52:00 These are some of the best places to see the Fireworks this year. On eof the joys of owning a Las Vega s Condo is that you can see the shows from your own living room Henderson Real Estate 4th of July Fireworks When: 6-9 p.m. July 4 Where: Henderson, Nevada Real Estate Events Plaza More Info: 702-267-2171 Admission: Free Boulder City Damboree Events and Fireworks 59th Annual Boulder City Damboree Where: Boulder City, Nevada When July 4 Star Spangled Spectacular Las Vegas 4th of July When: 8 p.m. July 4 Where: Hills Park, Summerlin Real Estate Ticket Info: www.lasvegasphilharmonic.com Bookmark to: &n bsp;
10 Tips for Real Estate Investments - Part 2
2007-07-02 08:28:00 When it comes to investing, everybody has certain goals and aspirations. However, we have found that there are certain guidelines every aspiring real estate investor needs to know. Here are the steps 4-6, check back for the updates to get all 10 tips. 4. Know The Costs Going In! Know the financial statements inside out. What are operating expenses? What are loan payments? Vacancy costs? Taxes? What does the cash flow statement look like? These are key issues that must be addressed before making a solid investment. 5. Know Where Your Tenants Are Coming From If the last rent increase was recent, your tenants may be considering a move. If tenants have a short-term lease, they may be living there simply to attract unsuspecting buyers. It is also important to collect the tenants’ security deposits at closing. 6. Assess The Tax Situation Taxes are an integral part of successful real estate investing, and they often make the difference between a positive cash flow and a negative one. Kno... More About: Estate , Real Estate , Tips , Real , Part
10 Tips for Real Estate Investments - Part 1
2007-06-29 08:27:00 When it comes to investing, everybody has certain goals and aspirations. However, we have found that there are certain guidelines every aspiring real estate investor needs to know. Here are the first 3 steps, check back for the updates to get all 10 tips. 1. Compare Property Values and Rents Financial statistics only go so far; the best measure of a property’s market value is often the sale prices of nearby properties. The same holds true for area rents. A low price can often be justified by a reasonable rent; renters who can afford a high rent can afford to buy instead, so reasonably priced rent is a need. 2. Be Careful - Tax Laws May Change Don’t base your tax investment on current tax laws. The tax code is constantly changing, and a good investment is a good investment regardless of the tax code. The right property with the right financing is what you should look for as an investor. 3. Specialize In Something You Know Start in a market segment you know. Whether you focus on f... More About: Estate , Real Estate , Tips , Real , Part
Las Vegas Real Estate Market
2007-06-25 08:27:00 Las Vegas Real Estate Market Watch. The Las Vegas real estate market has grown at a breathtaking pace! It has been one of the leading markets for real estate appreciation throughout the United States. To see updates you can check out http://www.hildrethhome.com/lasvegasreale statemarketwatch/ Bookmark to: &n bsp; More About: Las Vegas Real Estate , Las Vegas , Real Estate , Real Estate Market
The 4 main areas of Las Vegas
2007-06-20 08:53:00 This Nevada desert valley is comprised of four communities, including Henderson, Boulder City, North Las Vega s , and Las Vegas, each containing many subdivisions from which to choose, both old and new. There are golf course communities, gated communities, townhouses, condominiums, high-rise apartments and penthouses on the strip, as well as vacant land and ranches outside the metropolitan area. Since the cost of existing homes and preconstruction sales is rising so quickly, you may well end up paying quite a bit more than what a particular property is really worth, but just keep in mind, that you can always “flip” it down the road and make you initial investment back plus a nice bonus! Bookmark to: &n bsp; More About: Main , Area
About Las Vegas
2007-06-19 08:52:00 Las Vega s is a great place to call home. Multiple cities are located within the valley including: Las Vegas proper, Henderson, Boulder City, and North Las Vegas. Each city has its own master planned communities and amenities allowing for home buyers to live within whatever style fits them best. Beautiful golf courses and well kept parks dot the valley, children enjoy great schools, parks, and recreation centers, and adults thrive in the diverse culture found in one of the fastest growing cities in the United States. Even though fabulous Las Vegas, NV is considered the entertainment capital of the world, it and surrounding areas continue to expand and appreciate because of other growth factors. Its well planned communities, well developed school system, and thriving economy make Las Vegas a wonderful place to live. There are many options for safe, secure living in skillfully developed communities or neighborhoods. Bookmark to: &n bsp; More About: Las Vegas
Tips - For Sale by Owner
2007-06-18 15:05:00 Trying to sell a piece of property by yourself can be a lot of work, but it can also be very rewarding and lucrative. If you are selling a piece of property worth $500,000 you can save at least $30,000 by not using an agent. But by not using a realtor you are taking all of the risks and need to be extra cautious. To read a great article giving tips to For Sale By Owner s, click here. Bookmark to: &n bsp; More About: Tips
House Sizes and Condo Sized in Las Vegas for the last 6 Years.
2007-06-07 15:04:00 Homes in Las Vegas have increased in the last six years. Year Single-family home average square feet Townhome-condominium average square feet Year - House - Condo 2000 - 2,079 - 1,247 2001 - 2,151 - 1,275 2002 - 2,171 - 1,313 2003 - 2,158 - 1,321 2004 - 2,131 - 1,228 2005 - 2,143 - 1,243 2006 - 2,249 - 1,328 Bookmark to: &n bsp; More About: Years
Condo Living on the Rise
2007-06-01 15:04:00 We just found a great article in the magazine “Relocating Las Vegas” which talks about the growing popularity of condominiums in Las Vegas. Because Las Vegas is expand and absorbing roughly 7,000 new residents a month the amount of available land is shrinking and therefore becoming costlier. People are turning to condos because they require less maintenance and are located closer to the center of town. If you can get a hold of the article and are looking to buy in Las Vegas it is worth the read. The article is titled “Condo Living on the Rise : the Only Way to Go is Up” Bookmark to: &n bsp; More About: Ving
Summer Buying Trends for Las Vegas Real Estate
2007-05-18 15:39:00 According to Devin Reiss, president of the GLVAR. “We’re not expecting to see any significant increases in price or sales through the summer months, but we should still see the kind of stable market we have experienced lately. As for inventory, this may be the new reality for a while. The bright side is that prices are holding steady,”While more and more units come available Las Vegas will continue to remain a buyers market. Bookmark to: &n bsp; More About: Buying , Estate , Las Vegas Real Estate , Real Estate
Las Vegas - A Great Place to Live and Work
2007-04-28 12:03:00 Las Vegas is becoming the place to live and work in the United States. Current the median income in Las Vegas is about $50,000 much higher than other cities of similar size. Also because Las Vegas brings in so much money from gambling and tourism personal and busienss taxes a some of the lowest in the nation. And not all everybody in Las Vegas works for the gambling industry. In 1996 24% of the city worked in the industry, by 2006 that number had dropped to 18%. In the first quarter in 2007 almost 3000 new jobs were added to Las Vegas that were not related to the industry. Bookmark to: &n bsp; More About: Las Vegas , Work , Great , Live , Place
Las Vegas Industry Facts Part 3 - Employement and Real Estate
2007-04-06 12:02:00 Employment – In February 2007 13,000 new jobs were added to the Las Vegas economy. Las Vegas unemployment rate fell to 4.3%. The state of Nevada exported $5.49 billion worth of goods to over 157 countries. Housing and Real Estate – 2600 new homes were sold in Las Vegas in February 2007. The median price of a new home in Las Vegas $321,555. Las Vegas was home to two of the top 5 housing developers in the country. Bookmark to: &n bsp; More About: Facts , Real Estate , Industry
Las Vegas Industry Facts Part 2 - Gaming and Population
2007-03-25 12:02:00 Gaming – In February 2007 the State of Nevada took in $1.055 billion from gaming winnings. Casinos in Clark County (Las Vegas ) won $901.8 million. Population and Market Growth – In the first two months in 2007 19,000 people moved to Las Vegas. The U.S. census bureau ranks Ls Vegas as the 5ht fastest growing city in the nation. From 2000 until 2006 Las Vegas had a 29% growth rate, which represents 401,000 residents. Bookmark to: &n bsp; More About: Gaming , Facts , Industry , Part
Las Vegas Industry Facts Part 1 – Tourism and Air Travel
2007-03-08 11:01:00 Tourism – According to the Las Vegas Convention and Visitors Authority Las Vegas took in over 3 million visitors in February 2007, a rise over last by 1.3%. The number of conventions being held increased by 24% and the average hotel room rate rose by 13%. This was the first year that over 3 million people visited Las Vegas in February. Air Travel – In February 2007 3.4 million people passed through McCarran International Airport, this is a rise of 4.3% over last year. Bookmark to: &n bsp; More About: Facts , Industry , Tourism
Bigger is Not Always Better
2007-02-26 09:21:00 This is from reviewjournal.com, a journal which writes about Las Vegas real-estate. Aparently the trend in current real estate is that bigger houses are going out of style. As families learn that it takes alot more effort to maintain a larger home they are starting to move into condos and smaller 1 floor residences. Here is some of the more interesting data. It’s an American mantra: Bigger is better. And nowhere is that philosophy more on display than in the American home. The standard home in the United States jumped from about 1,500 square feet in the mid-1970s to an average of roughly 2,450 square feet in 2006, even as the typical American family shrank from 3.11 people to 2.59 people, the National Association of Home Builders reported in February. Now, the association’s researchers are forecasting an end to the upsizing. After 30 years of steady gains, the average size of an American home will stabilize in the next decade, remaining at about 2,400 square feet,... More About: Bett , Always
Las Vegas Real Estate Market Watch
2007-02-12 09:20:00 The GLVAR (Greater Las Vegas Association of Realtors) publishes statistics about the number of listing in the market. There is noticable trend that the number of available units is steadily increasing. To see a nice graphical representation of the data Click Here. Bookmark to: &n bsp; More About: Watch , Estate , Las Vegas Real Estate , Real Estate
What is the GLVAR?
2007-01-31 14:38:00 For those of you buying or selling property in the Las Vegas area, one of the best places to start is the GLVAR. GLVAR stands for the Greater Las Vegas Association of REALTORS. They have a great web page which is usefull for both buyers and sellers. They list all of the liscenced and approved realtors in Las Vegas and offer many classes to help enanche knowledge and skills. Check them out at GLVAR. Bookmark to: &n bsp; More About: The G
Pay what you want to Pay.
2007-01-12 14:38:00 Of course you can’t pay $1,000 for a $100,000 loft near the Strip, but as a buyer you have the leverage right now. Currently there is a buyers market for real estate all over the U.S. and Las Vegas is no exception. Here are some helpful tips for buyers looking to get their lowball offer to be accepted. Don’t tell the seller your price is fair because that’s how much the lender has qualified you to buy. Some buyers get their knickers in a twist and walk away when the seller counters the offer at more than the buyer was prepared to pay. Negotiations should not be taken personally. Always Counter the Counter Offer. Just like they would be crazy to accept your first offer you would be crazy to accept their counter offer. This tips come from the article “How to Make Lowball Offers” Read the full article HERE. Bookmark to: &n bsp;
Welcome to the Blog
More articles from this author:2006-12-27 14:38:00 Hi and welcome to the first every blog about Real Estate in Las Vegas. We are real estate developers who love the web and want to help potential home buyers and sellers in Las Vegas. Check here for the latest tips, hint, news and insight into the Las Vegas Real Estate Market. If you have a story or would like to help contribute to this please contact us or leave a comment. Bookmark to: &n bsp; More About: Blog 1, 2, 3 |
|
