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Las Vegas, Nevada Real Estate Agent Real Estate an Las Vegas, Nevada Real Estate Agent Real Estate an Web Log about Las Vegas, Nevada real estate, including homes, condos, high-rise condos land and industrial commercial real estate. I discuss Las Vegas residential and commercial real estate news, market statistics reports and investment properties. P Articles
War with Iran is bad for Las Vegas real estate
2007-08-28 02:38:00 The estimations for the cost of Iraq war vary widely. One estimate shows ?A running total of the amount of money spent by the US Government to finance the war, based on estimates from the Congressional Budget Office? to be about 456 billion dollars so far. The same website estimates the cost of war by ... More About: Iran , Estate , Las Vegas Real Estate , Las Vegas , Real Estate
War with Iran is bad for Las Vegas real estate
2007-08-28 02:38:00 The estimations for the cost of Iraq war vary widely. One estimate shows “A running total of the amount of money spent by the US Government to finance the war, based on estimates from the Congressional Budget Office” to be about 456 billion dollars so far. The same website estimates the cost of war by state and city, the cost to Nevada is about four billion and eighty three million dollars and climbing by $1000 every 30 seconds, Las Vegas ’ share is about 976 billion dollars. These numbers show the present costs and don’t take into account future costs of perusing the war, withdrawal costs or the massive future costs of caring for the veterans who are injured physically or mentally. A 1.2 trillion dollars (that is 1.2 million, million dollars) in Iraq war cost is not out of the realm of imagination. Such money could fund universal health insurance, help pay for upgrading the antiquated infrastructure in many cities like New Orleans or Minneapolis etc… Starting another wa... More About: Iran , Estate , Las Vegas Real Estate , Real Estate
Las Vegas land prices are sliding, save the Las Vegas Boulevard (Strip)
2007-08-27 05:50:00 I am in the middle of a fresh look at all of the available vacant land for sale which are listed in property Line. Property Line is the commercial real estate agents version of MLS. I am primarily looking at all the land between 1- 15 acres. There are 610 parcels listed and I am up to 250, however a few things are worth noting. There are many price cuts and one can see phrases such as “$250,000 below appraisal” which brings up the question about the appraisal date, appraisals are not valid for period of longer than six months and that’s in markets that are going sideways and not as dynamic as Las Vegas . According to data published by Applied Analysis the total acreage sold in Greater Las Vegas Valley is down by 60%, and average price has gone down to $718,000, this is a 9.5 percent decline from the last quarter and 11.3 decline from the same quarter last year. Although comparing average prices is meaningless due to varying zoning and location of the parcels sold in two consecu... More About: Land , Save , Strip
Las Vegas land prices are sliding, save the Las Vegas Boulevard (Strip)
2007-08-27 02:36:00 I am in the middle of a fresh look at all of the available vacant land for sale which are listed in property Line. Property Line is the commercial real estate agents version of MLS. I am primarily looking at all the land between 1- 15 acres. There are 610 parcels listed and I am up to 250, however a few things are worth noting. There are many price cuts and one can see phrases such as “$250,000 below appraisal” which brings up the question about the appraisal date, appraisals are not valid for period of longer than six months and that’s in markets that are going sideways and not as dynamic as Las Vegas . According to data published by Applied Analysis the total acreage sold in Greater Las Vegas Valley is down by 60%, and average price has gone down to $718,000, this is a 9.5 percent decline from the last quarter and 11.3 decline from the same quarter last year. Although comparing average prices is meaningless due to varying zoning and location of the parcels sold in two consecu... More About: Land , Save , Strip
Las Vegas land prices are sliding, save the Las Vegas Boulevard (Strip)
2007-08-27 02:36:00 I am in the middle of a fresh look at all of the available vacant land for sale which are listed in property Line. Property Line is the commercial real estate agents version of MLS. I am primarily looking at all the land between 1- 15 acres. There are 610 parcels listed and I am up to 250, however a few things are worth noting. There are many price cuts and one can see phrases such as “$250,000 below appraisal” which brings up the question about the appraisal date, appraisals are not valid for period of longer than six months and that’s in markets that are going sideways and not as dynamic as Las Vegas . According to data published by Applied Analysis the total acreage sold in Greater Las Vegas Valley is down by 60%, and average price has gone down to $718,000, this is a 9.5 percent decline from the last quarter and 11.3 decline from the same quarter last year. Although comparing average prices is meaningless due to varying zoning and location of the parcels sold in two consecu... More About: Land , Save , Strip
The Art of Negotiation: This feedback got my web-site indexed in Yahoo in o
2007-08-26 06:46:00 One of the most important aspects of a real estate transaction and for that matter any kind of transaction is the negotiation. The reason I called negotiations an art is because both science and uncertainty are involved. The outcome of any act which involves human beings is inherently uncertain. A successful negotiator possesses complete knowledge of his/her environment. By that I mean the facts involved in the transaction, and a good knowledge of the other sides want and needs and concerns. A good negotiator tries to optimally leverage any asset she/he has in order to acquire what he/she wants, and remember there is always two sides in any transaction. Having discussed all this I will analyze my feed back to Yahoo .The situation was as follows:A: I wanted Yahoo to index my web site’s pages and had no indication on when or if my web site’s pages were going to get indexed in Yahoo. B: Yahoo is huge, I am little, Yahoo has nothing to gain by indexing my pages and I have everythin... More About: Site , Feedback , Negotiation , The Art
Dubai World is buying a half of the Las Vegas CityCenter plus a share of MG
2007-08-25 02:52:00 Dubai World is investing $2.7bn in MGM’s City Center development. CityCenter is a mixed-use luxury residential, resort and retail complex along the Las Vegas Strip. Dubai World is also buying $2.4 billion worth of MGM Mirage shares, reflecting a 9.5% stake in the business.Dubai World made headlines last year when its subsidiary, Dubai Ports World, was forced to sell its American port operations after an uproar in the US congress over security concerns. Dubai has become an influential player in global business and tourism, attracting US oil services firm Halliburton which recently moved their headquarters office there.I visited Dubai about two years ago and it looked to me as a striped down version of Las Vegas. However the rate of construction in Dubai matched Las Vegas, and in high-rise developments they are way ahead of Las Vegas. It should be noted that gambling is prohibited in Dubai and the only place where gambling is allowed is their 7-star hotel which is built on a manmade... More About: Buying , Dubai , Share
Dubai World is buying a half of the Las Vegas CityCenter plus a share of MG
2007-08-25 02:28:00 Dubai World is investing $2.7bn in MGM’s City Center development. CityCenter is a mixed-use luxury residential, resort and retail complex along the Las Vegas Strip. Dubai World is also buying $2.4 billion worth of MGM Mirage shares, reflecting a 9.5% stake in the business. Dubai World made headlines last year when its subsidiary, Dubai Ports World, was forced to sell its American port operations after an uproar in the US congress over security concerns. Dubai has become an influential player in global business and tourism, attracting US oil services firm Halliburton which recently moved their headquarters office there. I visited Dubai about two years ago and it looked to me as a striped down version of Las Vegas. However the rate of construction in Dubai matched Las Vegas, and in high-rise developments they are way ahead of Las Vegas. It should be noted that gambling is prohibited in Dubai and the only place where gambling is allowed is their 7-star hotel which is built on a manma... More About: Buying , Dubai , Share
Dubai World is buying a half of the Las Vegas CityCenter plus a share of MG
2007-08-25 02:28:00 Dubai World is investing $2.7bn in MGM’s City Center development. CityCenter is a mixed-use luxury residential, resort and retail complex along the Las Vegas Strip. Dubai World is also buying $2.4 billion worth of MGM Mirage shares, reflecting a 9.5% stake in the business. Dubai World made headlines last year when its subsidiary, Dubai Ports World, was forced to sell its American port operations after an uproar in the US congress over security concerns. Dubai has become an influential player in global business and tourism, attracting US oil services firm Halliburton which recently moved their headquarters office there. I visited Dubai about two years ago and it looked to me as a striped down version of Las Vegas. However the rate of construction in Dubai matched Las Vegas, and in high-rise developments they are way ahead of Las Vegas. It should be noted that gambling is prohibited in Dubai and the only place where gambling is allowed is their 7-star hotel which is built on a manma... More About: Buying , Dubai , Share
About Las Vegas CityCenter
2007-08-23 06:16:00 Las Vega s CityCenter is a seven billion-dollar urban metropolis consisting of hotels and condominium towers that will be built on 76 acres on Las Vegas Boulevard, between the Cosmopolitan High Rise Condo Project and the Monte Carlo Casino. CityCenter consists of a 60 story, 4,000-room luxury hotel with a casino and 5 additional towers, a 500,000 square foot (50,000 m²) retail and entertainment district and a convention center. There will be 225,000 square feet of convention and meeting spaces, a 2,000-seat theater, a fire station, on site power plant and trams (people movers) which connect the CityCenter towers with each other and the Bellagio.The other towers are as follows: The HARMON is described as an exclusive non-gaming boutique hotel/condo and features 400 luxurious rooms.The 5-star MANDARIN ORIENTAL luxury hotel/residence is split between hotel and residences. The 277 residential condos are located from the 23rd floor and up. The VDARA high-rise condo-hotel is built ... More About: Las Vegas
About Las Vegas CityCenter
2007-08-23 02:25:00 Las Vegas CityCenter is a seven billion-dollar urban metropolis consisting of hotels and condominium towers that will be built on 76 acres on Las Vegas Boulevard, between the Cosmopolitan High Rise Condo Project and the Monte Carlo Casino. CityCenter consists of a 60 story, 4,000-room luxury hotel with a casino and 5 additional towers, a 500,000 square foot (50,000 m²) retail and entertainment district and a convention center. There will be 225,000 square feet of convention and meeting spaces, a 2,000-seat theater, a fire station, on site power plant and trams (people movers) which connect the CityCenter towers with each other and the Bellagio. The other towers are as follows: The HARMON is described as an exclusive non-gaming boutique hotel/condo and features 400 luxurious rooms.The 5-star MANDARIN ORIENTAL luxury hotel/residence is split between hotel and residences. The 277 residential condos are located from the 23rd floor and up. The VDARA high-rise condo-hotel is bu... More About: Las Vegas
About Las Vegas CityCenter
2007-08-23 02:25:00 Las Vegas CityCenter is a seven billion-dollar urban metropolis consisting of hotels and condominium towers that will be built on 76 acres on Las Vegas Boulevard, between the Cosmopolitan High Rise Condo Project and the Monte Carlo Casino. CityCenter consists of a 60 story, 4,000-room luxury hotel with a casino and 5 additional towers, a 500,000 square foot (50,000 m²) retail and entertainment district and a convention center. There will be 225,000 square feet of convention and meeting spaces, a 2,000-seat theater, a fire station, on site power plant and trams (people movers) which connect the CityCenter towers with each other and the Bellagio. The other towers are as follows: The HARMON is described as an exclusive non-gaming boutique hotel/condo and features 400 luxurious rooms.The 5-star MANDARIN ORIENTAL luxury hotel/residence is split between hotel and residences. The 277 residential condos are located from the 23rd floor and up. The VDARA high-rise condo-hotel is bu... More About: Las Vegas
Evaluation of Las Vegas High-Rise Condominiums with Relationship to Locatio
2007-08-22 06:01:00 I have decided to add Las Vegas High -Rise pages to my Las Vegas Real Estate web site within the next month. In order to provide real information to my customers I will try to provide them with a grading system for Las Vegas high-rise condominiums. The grading system is as follows:Las Vegas is definitely not New York, Paris, London or Tokyo when it comes to transportation, so a prospective high-rise investor should be even more critical of the high-rise location when purchasing in Las Vegas. A subway system or complex mass transportation system is available in these other popular high-rise locations, where it is very easy and economical to get around. The only type of transportation available in Las Vegas outside of walking, cars and busses is a three mile monorail system. However, this system is often packed with the ever-growing need for an even larger mass transportation system. The most powerful location in Las Vegas, Las Vegas Boulevard which is better known as “The Strip”, ... More About: Relationship , Evaluation
Las Vegas Vertical High-Rise Condominiums in relationship to transportation
2007-08-22 02:11:00 I have decided to add Las Vegas High -Rise pages to my Las Vegas Real Estate web site within the next month. In order to provide real information to my customers I will try to provide them with a grading system for Las Vegas high-rise condominiums. The grading system is as follows: Las Vegas is definitely not New York, Paris, London or Tokyo when it comes to transportation, so a prospective high-rise investor should be even more critical of the high-rise location when purchasing in Las Vegas. A subway system or complex mass transportation system is available in these other popular high-rise locations, where it is very easy and economical to get around. The only type of transportation available in Las Vegas outside of walking, cars and busses is a three mile monorail system. However, this system is often packed with the ever-growing need for an even larger mass transportation system. The most powerful location in Las Vegas, Las Vegas Boulevard which is better known as “The Strip”... More About: Relationship , Transportation
Las Vegas Vertical High-Rise Condominiums in relationship to transportation
2007-08-22 02:11:00 I have decided to add Las Vegas High -Rise pages to my Las Vegas Real Estate web site within the next month. In order to provide real information to my customers I will try to provide them with a grading system for Las Vegas high-rise condominiums. The grading system is as follows: Las Vegas is definitely not New York, Paris, London or Tokyo when it comes to transportation, so a prospective high-rise investor should be even more critical of the high-rise location when purchasing in Las Vegas. A subway system or complex mass transportation system is available in these other popular high-rise locations, where it is very easy and economical to get around. The only type of transportation available in Las Vegas outside of walking, cars and busses is a three mile monorail system. However, this system is often packed with the ever-growing need for an even larger mass transportation system. The most powerful location in Las Vegas, Las Vegas Boulevard which is better known as “The Strip”... More About: Relationship , Transportation
Where is the best place in Las Vegas to buy commercial real estate or inves
2007-08-21 03:38:00 While a realtor cannot answer the buyer’s question as to where is the best area in Las Vegas to buy a home or condo, Commercial real estate agents can tell the investor which areas of Las Vegas are best suited to his/her needs. The best area to buy commercial real estate depends on the buyer’s needs. Naturally the buyer must decide what criteria’s are the most important to him/her. · Is the transaction cash or is financing needed (some properties are easier to finance than others)· Cap Rate must be a certain number, say 7%· Short term appreciation for the purpose of flipping the property· Mid or long term appreciation of property· Appreciation through fixing a distressed property· Should it be a passive investment or does the buyer want to be hands on· Does it have to be an income property (Land Investments do not generate income unless they are leased)· ... More About: Estate , Real Estate , Real
Where is the best place in Las Vegas to buy commercial real estate or inves
2007-08-21 02:09:00 While a Real tor cannot answer the buyer’s question as to where is the best area in Las Vegas to buy a home or condo, Commercial real estate agents can tell the investor which areas of Las Vegas are best suited to his/her needs. The best area to buy commercial real estate depends on the buyer’s needs. Naturally the buyer must decide what criteria’s are the most important to him/her. · Is the transaction cash or is financing needed (some properties are easier to finance than others) · Cap Rate must be a certain number, say 7% · Short term appreciation for the purpose of flipping the property · Mid or long term appreciation of property · Appreciation through fixing a distressed property · Should it be a passive investment or does the buyer want to be hands on · Does it have to be an income property (Land Investments do not generate income unless they are leas... More About: Estate , Real Estate
Where is the best place in Las Vegas to buy commercial real estate or inves
More articles from this author:2007-08-21 02:09:00 While a Real tor cannot answer the buyer’s question as to where is the best area in Las Vegas to buy a home or condo, Commercial real estate agents can tell the investor which areas of Las Vegas are best suited to his/her needs. The best area to buy commercial real estate depends on the buyer’s needs. Naturally the buyer must decide what criteria’s are the most important to him/her. · Is the transaction cash or is financing needed (some properties are easier to finance than others) · Cap Rate must be a certain number, say 7% · Short term appreciation for the purpose of flipping the property · Mid or long term appreciation of property · Appreciation through fixing a distressed property · Should it be a passive investment or does the buyer want to be hands on · Does it have to be an income property (Land Investments do not generate income unless they are leas... More About: Estate , Real Estate 1, 2, 3, 4 |
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