Saturday, May 12, 2007

Las Vegas Real Estate News 5/12/07

Las Vegas Real Estate News


Green building tax breaks too costly for state budget

Posted: 12 May 2007 05:07 AM CDT

State budget woes have killed any prospects of tax breaks for homebuilders that build environmentally sensitive housing, and gaming companies and developers remain unsure whether promised tax breaks will remain in effect for their green commercial project

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Single women make gains in homeownership

Posted: 12 May 2007 05:06 AM CDT

The local and national housing sectors may be in the midst of a correction, but single women are becoming a bigger part of the marketplace.

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Mike Montandon, North Las Vegas mayor

Posted: 12 May 2007 05:05 AM CDT

Southern Nevada has always been a center for tremendous growth, but where is it growing the fastest?

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Housing opinion likely to annoy everybody

Posted: 11 May 2007 07:00 AM CDT

Mortgage market commentary

Realtor technology increasingly mobile

Posted: 11 May 2007 07:00 AM CDT

'Smart' devices catching on with industry professionals

States to bail out distressed borrowers

Posted: 11 May 2007 07:00 AM CDT

Bond issues will fund mortgage rescue assistance efforts

Trulia property-search launches online community tools

Posted: 11 May 2007 07:00 AM CDT

'Trulia Voices' allows neighborhood dialog among site users

Knowing the answers

Posted: 11 May 2007 07:00 AM CDT

Diary of a real estate rookie

Allstate rejects California's push for rate reductions

Posted: 11 May 2007 07:00 AM CDT

Company will no longer offer homeowners insurance

Little rise in overnight real estate rates

Posted: 11 May 2007 07:00 AM CDT

30-year fixed rate at 5.78%; 10-year Treasury yield at 4.64%

Land Prices Continue to Rise

Posted: 11 May 2007 08:29 AM CDT

A recent report from Applied Analysis shows that overall, land prices continued to rise during the first quarter of 2007. The only area that showed slowing was premium resort land. The data provided by Applied Analysis suggests that any impacts resulting from a slowing residential market were more than offset by the combination of speculation, increased development densities and relatively low interest rates.

In the first quarter, 164 parcels totaling 887 acres changed hands in the Las Vegas valley at an average price of $793,700 per acre. It represents a 13.2% increase in price from the same period one year ago, when 354 parcels totaling 1,688 acres changed hands at an average price of $701,000.

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