Las Vegas

Dec. 31, 2011

Taxable Sales In Clark County Rise By 9.3 Percent

TAXABLE SALES IN CLARK COUNTY
ROSE BY 9.3 PERCENT IN OCTOBER
COMPARED WITH THE SAME MONTH A
YEAR AGO

It was the sixth straight month of
increases, paced by car and clothing
sales and business in restaurants
and bars.

The State Taxation Department reported
that taxable sales were up …

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Posted in Buying, Las Vegas, Local Economy, Statistics
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Dec. 30, 2011

December 2011 Escrow Closings Expected To Be The Highest In Years

THE GREATER LAS VEGAS ASSOCIATION
OF REALTORS EXPECTS DECEMBER'S
ESCROW CLOSINGS TO BE THE HIGHEST
IN SEVERAL YEARS

Nationally, the trend is about the
same as the National Realtors Group
said that the index of sales agreements
jumped 7.3 percent last month.

Contract agreements usually signal
where the …

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Posted in Foreclosures, Las Vegas, Local Economy, Short Sales, Statistics
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Dec. 28, 2011

McCarran International Airport Expects To Top 40 Million Visitors

LAS VEGAS McCARRAN AIRPORT EXPECTS
TO SERVE 40 MILLION PASSENGERS IN
2012

A 3.9 increase of passengers in November
virtually assures the nation's 8th
busiest airport will hit the 40 million
count in 2012, offering further proof of
the local tourist industry's recovery.

In 2010 the passenger …

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Posted in Las Vegas, Local Economy, Statistics
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Dec. 27, 2011

Short Sales Expected To Dominate Inventory In Las Vegas For 2012

LAS VEGAS 2012 -- THE YEAR OF THE
SHORT SALE?

According to prominent local real
estate groups the shrinking inventory
of bank-owned homes will make the
market lean more toward short sales
in 2012.

Election year pressures and the new
Nevada law making foreclosures more
difficult is certain to increase the …

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Posted in Foreclosures, Las Vegas, Local Economy, Short Sales, Statistics
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Dec. 26, 2011

Best Buy Chooses Las Vegas For New Test Study

LAS VEGAS CHOSEN FOR NEW ELECTRONIC
RETAIL CONCEPT BY BEST BUY STORES

A corporate BEST BUY spokesman said
that the Las Vegas market was selected
to test this new concept due to the
personality of local managers and
employees.

Then, it will be used nationwide in
all Best Buy stores …

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Posted in Las Vegas, Local Economy
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Dec. 26, 2011

Zappos CEO Tony Hsieh Has Big Plans For Downtown Las Vegas

WELCOME TO ZAPPOSVILLE -- ALSO KNOWN
AS DOWNTOWN LAS VEGAS!

Both the outgoing Mayor Oscar Goodman and incoming
Mayor Carolyn Goodman have prioritized downtown
redevelopment this year.

The city has worked with online retailer Zappos.com
to relocate from nearby Henderson to the old City
Hall in early 2013 along with …

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Posted in Las Vegas, Local Economy
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Dec. 24, 2011

Plano, Texas and Henderson, Nevada Ranked One and Two Most Safest Cities In The U.S.

PLANO, TEXAS NUMBER ONE AND HENDERSON, NEVADA NUMBER TWO RATED THE MOST SAFEST CITIES IN THE U.S.

Rounding out Forbes top ten list were Honolulu, Santa
Ana, Lincoln, San Jose, Mesa, Colorado Springs, Aurora
and New York City.

The ratings were based on such factors as median income,
poverty rate …

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Posted in Las Vegas, Local Economy, Statistics
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Dec. 24, 2011

Las Vegas Ranked Number One By Travel Leaders

TRAVEL LEADERS LIST OF DESTINATIONS
BEING BOOKED FOR 2012 HAS LAS VEGAS
AT NUMBER ONE

A survey of 640 travel agencies throughout the
U.S. conducted November 21 through December
16 has Las Vegas number one, Orlando at number
two and Maui at number three.

A Minnesota travel leader said …

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Posted in Las Vegas, Local Economy
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Dec. 23, 2011

Toyota May Be Building A Parts Supply In North Las Vegas

RUMORS ABOUND ABOUT TOYOTA ACQUIRING
A SITE IN NORTH LAS VEGAS FOR EITHER A
PARTS SUPPLY OR MANUFACTURING FACILITY

Sources say that a local businessman was paid $100,000
to survey land in North Las Vegas although Toyota
sources deny any knowledge of this.

The earthquake and massive tsunami that …

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Posted in Investing, Las Vegas, Local Economy
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Dec. 21, 2011

Zappos Buying City Hall

DON'T FIGHT CITY HALL -- BUY IT !!

And that's exactly what Zappos did today leasing
the old Las Vegas city hall for 15 years!

A firm called City Hall LLC run by Andrew Donner
bought the old city hall for 18 million and will lease
it back to Zappos …

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Posted in Investing, Las Vegas, Local Economy
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