Investing

Dec. 5, 2011

Interest Rates To Remain Low Through 2012

AROUND 4.25 PERCENT 30 YEAR MORTGAGE
RATES ARE PREDICTED FOR 2012

"Foreign investors trust the U.S. economy a little
more than their own, so they will continue to invest
in the U.S. economy. And next year is the election
so I don't think rates will go …

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Posted in Investing
Dec. 5, 2011

Zappos Moving Downtown Las Vegas

REVITALIZED LAS VEGAS ATTRACTING
NEW STARTUP BUSINESSES


With Zappos moving into the old City Hall
in 2013, and Zappos CEO Tony Hsieh making
pitches to dozens of entrepreneurs,downtown
Las Vegas is undergoing a startling transformation.

Hsieh simply didn't want his company to move
into City Hall but wanted …

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Posted in Investing
Nov. 29, 2011

Largest Bulk Purchase of Condos in Las Vegas

276 DEVELOPER HELD LAS VEGAS CONDOS SOLD FOR $48.3 MILLION

In what might be one of the largest bulk real estate purchases in Las Vegas that did not involve a bank,Turnberry Towers sold the 276 units to a Los Angeles based investor the CIM Group.

CIM, is part …

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Posted in Investing
Nov. 26, 2011

Condo And Apartment Rentals Improve

AVAILABLE DATA ON LAS VEGAS APARTMENT AND CONDO RENTALS

As there is very little in the way of statistics
available on Condo rentals as opposed to Condo
sales, here is what we have put together from
talking to Las Vegas Realtors and Agents:

Apartment occupancy in the Vegas valley improved to …

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Posted in Investing