Las Vegas

Oct. 12, 2012

Cash Investors Contribute to Vegas' Dwindling Housing Supply

Over the past year, with faltering economic influences and consistent changes in real estate, the housing supply in Las Vegas inevitably shrunk.  This is largely due directly to cash investors who have taken advantage of the changing economic climate by purchasing homes "in bulk", and renting them out to …

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Oct. 11, 2012

Nearby neighbor - Hoover Dam: Fact or Myth? (part one)

Vacationers and locals alike enjoy visiting the Hoover Dam, which sees nearly 3,000 patrons per day. Those who own homes in Henderson Nevada are just a hop, skip, and jump away from this historical marvel.

Hoover Dam towers at 726 feet, making it the highest concrete arch dam in …

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Oct. 10, 2012

Luxury Las Vegas homes are still selling

If the sale of $1million dollar-plus homes is any indicator of an uptick in the current housing market, then the sale of 19 such homes this August is good news to those in the Henderson area. This is an increase of 58% from last year, and great news for both …

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Oct. 5, 2012

Home Prices Rise in U.S.- Highest in 6 Years

CoreLogic, a private real estate data provider, claims that housing prices are rising throughout the U.S.  Out of 100 cities, a mere 20 have showed declines in price throughout much of 2012 (so far).  Among the state listed with the biggest price increases are Arizona, Idaho, Utah …

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Oct. 4, 2012

Cupcakes, Bowling and Shopping on the Vegas Strip

Some things are just synonymous with Las Vegas:  casinos and gambling, nightlife, fine entertainment….and, food!  Tasty treats from the most gourmet and upscale, fine-dining establishments on the Strip, to tucked-away neighborhood eateries offering delicious delicacies; Las Vegas is a mecca for foodies. 

Relatedly, both tourists and …

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Oct. 3, 2012

Do you need cash to buy homes in Henderson?

Henderson real estate prices have seen a 15 percent increase since this time last year. Some local experts are saying that may be due to investors snatching up all the properties before those with financing can get to them. Is there a shortage of affordable houses available in the greater …

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Oct. 1, 2012

Presidential allure?

What is it about the Henderson, Nevada area that makes for a presidential attraction?

In June, First Lady Michelle Obama visited the Henderson Convention Center to speak about voter registration. Her husband, US President Barack Obama, is currently staying at the Westin Lake Las Vegas preparing for the upcoming presidential …

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Sept. 30, 2012

Las Vegas Investor Gambles $550 Million for Potential Future Gain

Michael Shustek (a Las Vegas real estate investor) is betting $550 million that he can make a profit from a few of the markets in the nation that were hit hard by the faltering economy.  Shustek's new investment fund, MVP REIT, is attempting to raise up to $550 …

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Sept. 29, 2012

Millions of Dollars Lost in Las Vegas HOA Scam

According to federal judge U.S. District Lloyd George, millions of dollars have been lost permanently in an HOA fraud.  The scam on innocent homeowners took place between 2003 and 2009.   

Federal judge George claimed that millions of dollars have been lost forever by some southern Nevadans (homeowners …

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Sept. 26, 2012

Stay put or downsize?

Your family has grown up and moved on. You’re looking at retirement, and/or you find finances a bit tighter. Is now a good time to investigate the possibility of downsizing your home? Consider the factors below to help you decide:

Availability

Smaller homes in the Las Vegas area are …

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