Local Economy

Oct. 2, 2012

Rent-to-Own – a good deal?

You see the hand-written signs on the side of the street, many saying something along the lines of, “Rent-to-own, no credit needed!” If you do not have a large down payment and your credit isn’t so good, is this a viable option for you? What does rent-to-own (or lease-to-own …

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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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Sept. 25, 2012

Are you playful? Move to Henderson!

For the second year in a row, the city of Henderson is listed as a Playful City USA Community! Henderson is currently the only city representing the state of Nevada, but hopefully we'll get more on board. Sponsored by the Humana Foundation, Playful City USA recognizes cities and towns …

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Sept. 24, 2012

Current Effects on Home Prices in Las Vegas

Home prices in Las Vegas are moving in an upwards direction.  The real estate conditions in and around Las Vegas are now seemingly more reminiscent of the "boom years", and showing less of the suffered and dwindling economic status that Las Vegans have come to know in recent years …

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Sept. 22, 2012

Summerlin Office Buildings-Big Changes in The Works (part II)

We already know that commercial real estate vacancy rates are up high in the Las Vegas area of Summerlin.  So, what can be done to boost the rental market, and increase profitability overall for the Summerlin area?

General Growth Properties is attempting to sell its 32-office building portfolio in …

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Sept. 21, 2012

Summerlin Office Buildings-Big Changes in The Works (part I)

A lot of emphasis has been placed on commercial real estate in Las Vegas.  Particularly over the last decade, with real estate in and around most areas of Las Vegas (if not all areas) fluctuating drastically from one end of the success scope to the other.  Summerlin, although …

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Sept. 19, 2012

Consider Henderson Nevada for your family home

While Las Vegas may get most of the glory, the nearby city of Henderson makes headlines as it repeatedly is included in Money Magazine’s “Best Places to Live.” For 10 straight years, Henderson’s housing market has shown great improvements, better than nearly every other community in the valley.

If …

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