Saturday, May 19, 2007

Las Vegas Real Estate News 5/19/07

Las Vegas Real Estate News


Vegas bends, tries to rescue Neonopolis

Posted: 18 May 2007 10:43 AM CDT

The Las Vegas City Council could be repeating a practice with a Neonopolis business that it says contributed to its reluctant decision to give a permanent liquor license to Crazy Horse Too.

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The Plaza…The Palazzo…In the La La Land of Las Vegas funny money rules all.

Posted: 18 May 2007 10:11 PM CDT

Forget no limits poker…lets play no limits land prices. Las Vegas luxury condo properties are about to enter an entirely different realm. With 5 MAJOR announcements in the North Strip over the last two months, things are headed high end. That's what happens when land costs 33 million an acre!

NEVADA <b>NEWS</b> & VIEWS

Posted: 18 May 2007 11:38 AM CDT

Mishak, Las Vegas Sun, 5/17/07. MUTH'S TRUTHS. Subscribe to Nevada News & Views by going to www.copacnevada.com. And catch all of Chuck's blogging…national, Nevada and Carson City…in one location. Surf on over to Muth's Truths and sign ...

Realtor.com rolls out free blogs for Realtors

Posted: 18 May 2007 07:00 AM CDT

Company also adding video capability, neighborhood data

Bernanke wrong about subprime

Posted: 18 May 2007 07:00 AM CDT

Mortgage market commentary

New Jersey bank closes subprime unit

Posted: 18 May 2007 07:00 AM CDT

Employees allegedly concealed problems in 2006

Loan officer caught after botching fraud scheme

Posted: 18 May 2007 07:00 AM CDT

Claimed loan applicants had jobs at girlfriend's clothing store

Builder Confidence Drops

Posted: 18 May 2007 11:55 AM CDT

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reported this week that builder confidence had slipped this month. With a current reading of 30, the HMI has now returned to the lowest level in its current cycle, which was previously hit in September of 2006. The tightening of lender standards and cancellations are two major factors in the drop.

"The crisis in the subprime sector has infected other parts of the mortgage market as well as consumer psychology, and as a result the housing outlook has deteriorated," added NAHB Chief Economist David Seiders. "We're now projecting that home sales and housing production will not begin improving until late this year, and we're expecting the early stages of the subsequent recovery to be quite sluggish. There still are tremendous uncertainties regarding our baseline forecast going forward, owing largely to the subprime crisis that is having widespread effects throughout the mortgage market."

Cyberhomes, Zillow seek for-sale data from brokers

Posted: 18 May 2007 07:00 AM CDT

Fidelity announces agreement with Keller Williams

The Hail Mary

Posted: 18 May 2007 07:00 AM CDT

Diary of a real estate rookie

Redfin fined $50,000 over home-review sites

Posted: 18 May 2007 07:00 AM CDT

'Sweet Digs' blogs violate MLS policy

H&R Block to trim Option One workforce before sale

Posted: 18 May 2007 07:00 AM CDT

615 layoffs planned at subprime lender

Six decades later, land buy growing up

Posted: 18 May 2007 10:38 AM CDT

In a "weak moment," Thomas & Mack Development Group might consider selling off some of its big-box buildings under construction at Northern Beltway Industrial Center in North Las Vegas, firm President Tim Snow said Thursday.

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Jobs added to maintain LV Convention Center

Posted: 18 May 2007 10:37 AM CDT

Facing scrutiny from a group that wants to divert Las Vegas room taxes toward road projects, the people in charge of attracting tourists and conventions to Southern Nevada approved a budget with $285 million in revenue and 37 new positions.

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Clean Up Patrol

Posted: 18 May 2007 08:02 AM CDT

I figured that real estate is always a good investment, and it would be nice to have a property that someone else paid for. So I bought the condo — which had been previously occupied by a single renter for 11 years — and put it up for ...

Uptrend hits overnight real estate rates

Posted: 18 May 2007 07:00 AM CDT

30-year fixed rate at 5.84%; 10-year Treasury yield at 4.75%

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