Local Economy

Nov. 26, 2012

Las Vegas’s empty buildings = opportunity?

If you’ve driven around the Las Vegas Valley, you’ve most likely seen the half-built structures and abandoned construction sites littering the area. Many of these projects were halted in the last few years as part of what many are calling the Las Vegas real estate bust. Sadly, the economy did …

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Nov. 19, 2012

Las Vegas Continues Efforts to Gain in Bad Market

Homes for sale in Las Vegas, NV are up in double digits over 2011.  Homes that are considered in the median price range in Las Vegas and Henderson are now listed at 12.41 percent higher than one year ago.  In October, home prices in Las Vegas were …

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Nov. 17, 2012

Underwater Percentage Drops in Las Vegas

On top of the country's list of cities that have been hit the hardest in this economic climate, Las Vegas showed to have less homeowners underwater over the past few months.  However, Las Vegas and Henderson real estate continues to be one of the hardest hit markets, overall …

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Nov. 13, 2012

Preserving Green Valley neighborhoods

Green Valley, in the southwestern part of Henderson, has been around for a long time. The area is one of the oldest master-planned communities in the Las Vegas area – in fact; it is considered the first in Southern Nevada.

At just over 30 years old, homes in Green Valley …

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Nov. 9, 2012

High Rates of Foreclosure in Las Vegas and Henderson

Las Vegas, Nevada (including Henderson real estate) currently has the highest rate of foreclosure in the entire country.  What is considered to be the metro area of Las Vegas, continues to be considered in the top five worst areas in the nation for real estate.  This mortgage crisis …

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Nov. 8, 2012

Water falls to mark a recovery

In 2008, a sign of the times hit the resort area of Lake Las Vegas in east Henderson. The development that contained several high-dollar homes, resort hotels, and a championship golf course designed by Jack Nicklaus filed for bankruptcy – and turned off the entryway’s waterfall. It seems that the …

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Nov. 6, 2012

It’s Election Day – have you found your home in Henderson yet?

With the candidates spending so much time in our fine town, how has that affected the housing situation in the greater Las Vegas area? It seems that we still have a lot of half-built neighborhoods and several foreclosures – do the candidates care? Will voting for either of them change …

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Nov. 6, 2012

New Data Center Plans in North Las Vegas

A new data center is proposed to be built in North Las Vegas.  The company has plans to start construction in Spring 2013, according to Kevin Keating, CEO and Founder of Telecom Real Estate.  Located inside an industrial building at 4527 Losee Road, the $40-$50 million project …

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Nov. 5, 2012

Las Vegas Public Housing Development Plans to Reduce Crime and Rehabilitate

Metro Police and the Southern Nevada Housing Authority have begun a makeover project for the public housing development on Doolittle Avenue (located near West Lake Mead Blvd., and H Street).  The project has been in planning stages for nearly two years, and its focus is to rebuild and rehabilitate …

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Nov. 3, 2012

Aftermath of Hurricane Sandy- the Effects on Real Estate

If you have tuned in to any broadcasts, or read any media sourced publication over the last week, it has been almost impossible to avoid the news of Hurricane Sandy.  Pummeling her devastation and destruction throughout portions of the US, Sandy's damages have neared $50 billion.  According …

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