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What is going on with the real estate market in Las Vegas (Part 3)
2007-08-20 22:58:00 Truth three: The value of a property is based on what someone is willing to pay for it. When real estate was HOT here in Las Vegas lenders were offering sub prime loans. Sub prime means to barrowers with lower credit scores and many of these loans were being offered in programs with beginning interest ... More About: Estate , Real Estate , Real Estate Market , Market
What is going on with the real estate market in Las Vegas (Part 2)
2007-08-16 19:41:00 Truth two: If a community’s economy is growing including its work force, so grows its real estate. We have a huge building boom in Las Vegas , we have more cranes in the sky than a Montana marsh. They are everywhere. Then add to that all the small commercial, commercial and mid-rise residential being built. YES, single ... More About: Estate , Real Estate , Real Estate Market , Market
What is going on with the real estate market in Las Vegas
2007-08-14 21:25:00 What is going on with the real estate market here in Las Vegas ? We read about the impending real estate bubble bursting. Some writers have even predicted a drop in values as much as 30% and a possible collapse of the U.S. economy. So what is happening? Is it time to build a bomb shelter, arm ... More About: Estate , Real Estate , Real Estate Market , Market
Sales statistics on Las Vegas real estate for first half of 2007
2007-08-06 21:11:00 I have just completed the 2007 market report for Las Vegas for the first half of this year. This report will give you the latest sales statistics with an in depth look at what has happened in the Las Vegas real estate markets. The information covered includes, new home sales, resale homes, condominiums, future forecasts ... More About: Estate , Las Vegas Real Estate , Real Estate , Sales
August 2007 U.S. Real Estate Video Report now available
2007-07-30 23:56:00 I have just completed the latest video report on the U.S. real estate market. You can view the report about the United States Real Estate markets by clicking on the picture to the left. It appears the real estate market in general is beginning to turn for the better. Find out why the markets are ... More About: Video , Real Estate , Report
Las Vegas Median household income jumps 66%.
2007-07-23 21:05:00 Well it seems that Harrah’s Entertainment is going to erect another tower on the shrinking land parcel known as Ceasar’s Palace. It will contain 665 luxury room tower and new casino entrance and 3 new swimming pools. They also will renovate the current Forum Tower with its completion in January 2008. The Luxor will undergo a ... More About: Las Vegas , Household , Income , Vegas , Hold
Major Casino Openings require More Housing!
2007-07-14 19:15:00 So, when will the sky cranes come down and the slot machines start ringing in these new cutting edge resort properties in Las Vegas? When will we get the economic shot in the arm that Las Vegas always gets when a major Casino Resort openings creating thousands of new jobs and new residents to our valley? Well the ... More About: Housing , Major
New Major Theme Park to be Built in Las Vegas.
2007-07-13 00:02:00 It appears that group of major player in the Theme Park Industry have put under contract some 200+ acres of ground on the South Las Vegas Strip to build a major theme park! This plot of land is just a bit bigger than Disneyland in Anaheim, California. They are in the process of assembling their ... More About: Major
Elvis to return to Las Vegas SOON!
2007-07-11 23:57:00 If you have been to the Las Vegas Strip you have probably seen the Harley Davidson Cafe with its monster motorcycle hovering over the Strip. Well guess what folks, its going to go away to make room for Elvis and his 17 Acre themed resort. Not only does he now get a show room he ... More About: Return , Turn
The number of Hotel rooms is shrinking, for the moment.
2007-07-11 04:28:00 Lady Luck closed over a year ago. The Boardwalk was imploded late last year. The Klondik was shut last year. The Stardust closed and was tour down in January. The New Frontier will close on July 15th and be torn down. With all these casino closings the number of rooms has actually been shrinking. Unemployment ... More About: Hotel , Moment , Hotel rooms , Number
Will “Fremont Street Experience” to Stratosphere be redevelope
2007-07-02 22:32:00 Wow! Recently we have seen the closing of many Elvis style wedding chapel’s and much of the ground between the Stratosphere and Fremont Street Experience is being bought and sold much like a high stakes poker game. Who will loose and who will win in this real estate card game is hard to figure right now. ... More About: Ratos , Rede
U.S. real estate video report for June 2007
2007-06-21 01:24:00 Well another month has gone by and it seems that the National real estate market is starting to turn around. This summer is proving the truth of that old saying “All Real Estate is local.” Some markets have hit bottom and are starting to rise in values while others are falling. 18 States are showing appreciation ... More About: Video , Real Estate , June , Report
Has the Las Vegas real estate market bottomed out?
2007-05-02 03:12:00 The 2007 Las Vegas perspective booklet was released yesterday. It announced that Clark County population grew by 97,000 people last year putting the population at 1.9 million. According to the perspective this was a 5.3% increase over the 2005 figures. That is almost 8,100 new residents per month. If we have that size of growth ... More About: Estate , Las Vegas Real Estate , Real Estate , Real Estate Market
Has the Las Vegas real estate market bottomed out?
2007-04-27 05:15:00 The 2007 Las Vegas perspective booklet was released yesterday. It announced that Clark County population grew by 97,000 people last year putting the population at 1.9 million. According to the perspective this was a 5.3% increase over the 2005 figures. That is almost 8,100 new residents per month. If we have that much growth this ... More About: Estate , Las Vegas Real Estate , Real Estate , Real Estate Market
The Ruppies are coming, the Ruppies are coming!
2007-03-29 01:06:00 No, it’s not the latest music group. It’s a new phrase coined by sociologists by combining the three words (yuppies, urban and retirees). Yup, you can trade in your Yuppy card right along with your company badge when you pick up your first retirement check and buy a place in the city. It seems that these ... More About: Pies , Ming
Is the Property under the Proposed “W” Cond-tel for sale?
2007-03-27 22:19:00 It appears that Edge Group owners of the “W” and former “Las Ramblas” development sites may have their eyes on the short term prize $$$. With the condo and condo-tel market being dominated by the BIG boys link MGM-Mirage and financing tightening it would seem that one needs to have a lot of liquidity in order ... More About: For Sale , Property , Sale , Under , Pose
Say good bye to the Las Vegas New Frontier Hotel/Casino
2007-03-27 00:00:00 One of the world’s richest men Yitzhak Tshuva, a billionaire from Israel, is negotiating with Phil Ruffin to buy the New Front ier Casino (built in 1942) in Las Vegas . The deal is estimated at $1.5 billion dollars and will require another $400 million to renovate the project. The only plans the new owner has disclosed so ... More About: Hotel , Asin
As I predicted, here come the other development Gurus about “The Nort
2007-03-13 21:40:00 As detailed in this article from Casino City Times. I seems many of the Las Vegas top market experts agree with my prediction that the North Strip is about to get the same renovation as the Mid-Strip. There is also a flurry of activity taking place on the New South Strip with the new construction of ... More About: Other , Development , Men , The N , About
Hard Rock to expand and renovate!
2007-03-13 21:01:00 The Morgans Hotel Group have finally announced their partial plans for the Hard Rock . But in those plans are no mention of the previously planned Condo/hotel rooms that previous owner Peter Morton had designed. But take hart the expansion is only going to use 8 acres of the 23 acre land parcel. They say they are ... More About: Hard Rock , Nova , Reno
As I predicted, here come the other development Gurus about “The North St
2007-03-13 14:32:00 As detailed in this article from Casino City Times. I seems many of the Las Vegas top market experts agree with my prediction that the North Strip is about to get the same renovation as the Mid-Strip. There is also a flurry of activity taking place on the New South Strip with the ... More About: Development , Gurus , Come , Here
Las Vegas Sahara to Sell! Huge development plans for the North Strip.
2007-03-05 20:43:00 Finally it has been announced that Stockbridge Real Estate Funds and SBE Entertainment Group LLC have an agreement with Gordon Gaming Corp. to purchase one of the last of the original remaining casinos on the Las Vegas Strip. The Sale also includes the 17+ acre parcel of vacant land across the street from the Sahara. This ... More About: Development , Men , The N , North
Las Vegas New homes to surge last quarter of 2007
2007-02-26 22:34:00 John Burns real estate consulting Irvine, California spoke last week to the Las Vegas Home Builders Association. John is a C.P.A., and has an M.B.A. from U.C.L.A., and a B.A. in economics from Stanford. He is a nationally known expert on housing and has been quoted by CNN, The Wall Street Journal, USA Today and others. “By some accounts, Las Vegas now ... More About: New Homes , Arte , Last
Las Vegas real estate building boom is streaching workers thin.
2007-02-22 23:40:00 Talk about a time to be in construction. Nevada’s job growth has been running 3 to 4 times the national average for the past several years. The construction business is expected to add an additional 10,000 jobs this year according to Terry Johnson, Department of Employment, Training & Rehabilitation (LVBusinessPress.com). These new skilled construction workers ... More About: Building , Estate , Las Vegas Real Estate , Workers , Las Vegas
Will Maxim Casino block Sky Las Vegas views?
2007-02-22 10:33:00 Concerning Las Vegas condo news. The developers of the future Maxim Casino went before the Clark County Commission yesterday requesting site plan approval. The developers for Maxim were out numbered by experts, developers, and future residence of the adjacent Sky Las Vegas residential condominiums. From the testimony given Sky did not receive notice of the ... More About: Views , Asin
Las Vegas condo projects Club Renaissance and Sandurst still going forward.
2007-02-22 10:08:00 Before the Las Vegas City Commission yesterday the developers of Club Renaissance asked for a continuance on its building permits and received another 6 months from the Mayor and City Council. The Project had been 65% sold but was awaiting final project construction bids when the financiers of the project pulled out due to concerns ... More About: Projects , War , Condo
New High-speed train from Victorville, Calf. to Las Vegas soon to be realit
2007-02-21 23:03:00 The most unlikely proponents for a train from Southern California to Las Vegas have stepped up to the plate. The majority of California’s politicians not want a train route that could drain their residents off to Las Vegas with lower taxes and cheaper housing. But the City of Victorville sees it differently. They see opportunity ... More About: Rain , Train , Real , Speed
Hello world!
More articles from this author:1969-12-31 17:00:00 Hi, I’m Max Schmidt in Las Vegas, Nevada. And this is my new market reporting blog for Las Vegas real estate. I will be reporting and commenting on all types of real estate news, market conditions and projections. If you want to keep up with what is happening in the ever changing Las Vegas real estate ... More About: World , Hello World , Hell , Hello 1, 2 |
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