Friday, May 18, 2007

Las Vegas Real Estate News 5/18/07

Las Vegas Real Estate News


What's next for real estate?

Posted: 18 May 2007 07:00 AM CDT

Inman TV makes predictions for online companies, interest rates

Body language reveals home buyer's true intent

Posted: 18 May 2007 07:00 AM CDT

Part 5 of 6: Secrets of powerful negotiation

Bernanke Plays Down Threat From Subprime Defaults

Posted: 17 May 2007 11:00 PM CDT

Today's troubles in the mortgage market aren't likely to seriously harm the economy, the Federal Reserve chairman says.

For Sale: Condo With Chicken Coop

Posted: 17 May 2007 11:00 PM CDT

Developers around the country are catering to Americans' desire to live 'green' by creating communities on or adjoining farms. Plus, see a slideshow.

Bernanke says let market guide lending practices

Posted: 17 May 2007 07:00 AM CDT

Rules should be a last resort for addressing subprime

Fair Isaac to overhaul FICO score calculations

Posted: 17 May 2007 07:00 AM CDT

Says changes will improve predictive power

Second foreclosure-prevention bill introduced in Senate

Posted: 17 May 2007 07:00 AM CDT

HOPE Act would fund outreach programs, revolving loans

Housing rips hole in economic outlook

Posted: 17 May 2007 07:00 AM CDT

Growth to stay on 'slow' track

New York apartment prices buck national trend

Posted: 17 May 2007 07:00 AM CDT

Median sales price surges in all five boroughs

Mortgage rates rise in weekly surveys

Posted: 17 May 2007 07:00 AM CDT

Inflation risk still troubles Fed

Preferred Financial Buys Apartment Complex

Posted: 17 May 2007 10:16 AM CDT

Pacific Capital Management has sold its 252-unit Estancia Apartments at 3350 N. Durango Drive to Preferred Financial Corporation for $35.64 million, or approx. $141,429 per unit, at a cap rate of 5.24%.

Built in 1999, the 249,875-square-foot apartment complex consists of 28 buildings. The unit is comprised of six studios, 96 one-bed/one-bath units, 132 two-bed/two-bath units and 18 three-bed/two-bath units.

This was the seller's downleg in a 1031 exchange and the buyer's upleg in a 1031 exchange.

Overnight real estate rates tick higher

Posted: 17 May 2007 07:00 AM CDT

30-year fixed rate at 5.82%; 10-year Treasury yield at 4.71%

Crate & Barrel plans '09 LV premiere

Posted: 17 May 2007 08:09 AM CDT

A state where classy design accents include neon and sequins will soon welcome a home retailer heralded for tasteful, clean and modern furnishings.

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$5 billion development planned for Vegas

Posted: 16 May 2007 12:10 PM CDT

The owner of The Plaza hotel in New York announced plans Wednesday to buy the New Frontier hotel-casino and develop a $5 billion multi-use complex on the Las Vegas Strip.

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