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Las Vegas Real Estate Market Hits Bottom
Published on 2012-03-31 23:43:00
For those of you that have been sitting on the fence, waiting for the Las Vegas real estate market to hit "bottom", that moment has finally come. Unfortunately, if you were waiting for it to buy a home in Las Vegas or Henderson, good luck getting one.Over the last 18 months or so, investors have been buying up discounted properties all over the valley. Why? Because the cost of the property versus renting that same property made it a good, sound business investment that would turn an immediate pr [..] > read more
Andy Rooney
Published on 2011-11-05 14:17:00
TV legend Andy Rooney has passed away. Best known for his role on 60 minutes as a commentator, Andy won four emmys, one of them for a piece he did about Mrs. Smith's pies. The best thing about him was you never knew what he was going to say.Today, we lost one of the true originals. RIP, Andy. > read more
Earthquake in Nevada
Published on 2011-10-01 17:40:00
An earthquake here in Nevada is something you don't hear about everyday. However, we did have one in Western Nevada near Reno. According to the U.S. Geological Survey, the 4.6 quake struck earlier today. It was centered about 6 miles southeast of the sleepy little town of Schurz (population around 700) and had a depth of 10 kilometers.No injuries or damage has been reported as of yet. I'm sure the local news will be reporting throughout the day. The quake was far enough away that homes in Las Ve [..] > read more
Allure closing out units
Published on 2011-09-03 14:31:00
Allure Las Vegas is closing out its remaining condos for sale. Originally slated as a two tower project, completed tower one still has brand new condos available for sale. Located just footsteps off of the strip on Sahara, Allure's tower is 41 stories offering views of the world famous Las Vegas strip and the city. Residents are within walking distance of the strip and everything it has to offer. Allure is one of just a handful of Las Vegas high rise condos in the strip area. Currently Sky Las [..] > read more
Las Vegas Real Estate Market
Published on 2011-06-12 13:36:00
According to the latest report from RealtyTrac, 53% of all the homes sold in Nevada are in some stage of foreclosure. So what does that mean for the market aside from that it is a great time to be a home buyer?One of the pillars for the national economy is real estate. For Nevada, it does effect the state economy but for the Las Vegas area, tourism also has a huge impact. Over the last six months, more and more people are coming back to Las Vegas for vacations. Don't believe it? Try renting a ca [..] > read more
Summerlin Real Estate Update
Published on 2011-05-02 21:08:00
As you may (or may not) have heard, Engle Homes went belly up some time ago. They left several communities around the Las Vegas valley partially finished. While it was certainly bad news for original home buyers then, it was good news for others. Harmony Homes stepped in and bought some of their partially finished communities and are in the process of completing these communities. New Summerlin HomesNew home buyers now have some choices. New Summerlin homes were becoming scarce over the last yea [..] > read more
Bin Laden Dead
Published on 2011-05-02 00:20:00
Today justice was done. President Obama held to a campaign promise and US forces killed Osama Bin Laden. Granted this is not a political blog, nor one that advocates violence....but I have to say WELL DONE. > read more
Bally's Fire
Published on 2011-01-17 12:55:00
Guests of Bally's hotel and casino were asked to evacuate due to a small room fire yesterday afternoon. Local firefighters were rendered optional thanks to the building's sprinkler system. According to officials, the fire started in a mattress (another reason to not get a smoking room).The fire started on the 25th floor of the hotel and only one person was injured. The gentleman was treated for smoke inhalation and the official cause of the fire is still under investigation.An estimate of the [..] > read more
Is the News Wrong?
Published on 2010-10-01 16:43:00
The one constant about the news, both local and national. Nothing gives a reporter a larger gleam in their eye then reporting bad news. Throw in a celebrity and its going to be a great news cycle. A perfect example would be the recent news coverage of Paris Hilton. She was caught with drugs (allegedly) and thrown in jail. It was on the news constantly over the last week.Another small blurb about the Las Vegas real estate market was thrown in. Las Vegas home sales are down compared to last year a [..] > read more
Mortgage Fraud on the Rise
Published on 2010-08-23 15:42:00
A recent article in the Wall Street Journal stated that despite the new regulations, mortgage fraud is on the rise. The article sited findings by CoreLogic, a mortgage value tracking company. The company uses proprietary computer software that detects discrepancies in loan documents and predicts the likelihood of fraud.Scammers are now getting more sophisticated and are recruiting employees of mortgage companies to help them. As a result, identify theft is also rising. You can read the rest of t [..] > read more
High Definition Video Home Tours
Published on 2010-03-26 21:09:00
Remember the days of waiting several minutes for a jerky virtual tour to load? You'll see them every now and then online. The stitched together jpeg files that let you see a room by changing the direction by clockwise or counterclockwise. Those days are already over, the future now belongs to high definition video home tours.Why settle watching some outdated low resolution tour when there are plenty of professional grade high definition video tours out there. As a home owner, why would you list [..] > read more