Tuesday, May 22, 2007

Las Vegas Real Estate News 5/22/07

Las Vegas Real Estate News


The Aerotropolis and The Megapolitan

Posted: 21 May 2007 10:39 AM CDT

The real estate inventory of the major industrial nations is for the most part obsolete for future residential, commercial and industrial needs. The 3rd world has yet to install civilized industrial practices with machine processes and ...

Some housing markets turn to gold, others go cold

Posted: 22 May 2007 07:00 AM CDT

Pacific Northwest, Rocky Mountain prices climbing

Construction, mortgage sectors hardest-hit by layoffs

Posted: 22 May 2007 07:00 AM CDT

More housing-related job losses expected, MBA says

Managing Your Money to Keep The Debt Monkey Off Your Back

Posted: 21 May 2007 11:00 PM CDT

As more people get swept up in the borrowing binge, this is a good time to assess your finances and determine if you should cut back.

Why It's Finally Time To Buy That HDTV

Posted: 21 May 2007 11:00 PM CDT

After years of hemming and hawing a columnist decides to take the flat-screen plunge instead of waiting for the next holiday season.

First-Floor Grandparent's Suite: A Draw or a Turnoff for Buyers?

Posted: 20 May 2007 11:00 PM CDT

A couple remodeled their home to include an area for an elderly parent, but may convert it into a second master suite to attract future house hunters. June Fletcher on whether the plan makes sense.

The (Too High) Price of Being Green Deters Homeowners

Posted: 20 May 2007 11:00 PM CDT

The unavoidable flaw in the eco-movement as it currently exists is that families like mine have more pressing financial concerns, constraining our ability to save the planet, says Jeff Opdyke. Plus, see a video on the quest to 'un-ugly' energy-efficient light bulbs.

Where Time Warner Feted Streisand, Spielberg

Posted: 20 May 2007 11:00 PM CDT

Media billionaire Haim Saban is asking $12 million for an Acapulco, Mexico, estate that was used to entertain clients and movie stars for decades.

SalesTraq's Larry Murphy's Speaks on <b>Las Vegas</b> Market

Posted: 20 Apr 2007 07:07 AM CDT

'"It's good for buyers," he said. "It's going to improve affordability a little bit. This is a good cycle."' See the full story at the RJ. - Report presented at the Crystal Ball housing seminar to some 1000 Las Vegas real estate ...

Tetra Cos., Hall of Fame Pro Athlete Join Forces for Development <b>...</b>

Posted: 21 May 2007 02:00 AM CDT

Las Vegas -- The Tetra Cos., a real estate development and management firm, announced today that it is teaming up with pro football star and television personality Michael Irvin to form TMI Group (Tetra Michael Irvin). ...

Realtors still upset after '60 Minutes' of fame

Posted: 21 May 2007 07:00 AM CDT

NAR president tells members to stay positive

Real estate tech panel: Consumers want 'cool stuff'

Posted: 21 May 2007 07:00 AM CDT

NAR technologist describes mouse-motion research

Here we grow again, magazine's ranking predicts

Posted: 21 May 2007 11:52 AM CDT

The May issue of Business 2.0 has ranked Las Vegas No. 2 on its list of "America's best jobs in the hottest markets," forecasting a two-year job-growth rate of 6.5 percent in the city. That projected job formation is second only to the 6.8 percent that th

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Gridlock Hits the Vegas Strip and Airport

Posted: 21 May 2007 01:14 AM CDT

Gridlock on the Strip and daunting lines at airport security checkpoints are the downsides of hitting the tourist jackpot.

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One-stop safeguard against mortgage fraud debuts

Posted: 21 May 2007 07:00 AM CDT

Rapid Reporting, Magellan team up to verify borrower, collateral info

Coldwell Banker buys Canadian franchisor

Posted: 21 May 2007 07:00 AM CDT

Agreement expands cross-border real estate network

Overnight real estate rates keep climbing

Posted: 21 May 2007 07:00 AM CDT

30-year fixed rate at 5.87%; 10-year Treasury yield at 4.81%

Rising Apt. Rents Prove Challenging

Posted: 21 May 2007 08:21 AM CDT

For many unable to purchase a home, apartment living provided an affordable option. That affordable option though apperas to be disappearing. According to an recent Applied Analysis report, apartment rents are rising forcing many to move out.

Apartment landlords were requesting average rents of $872 during the first quarter of 2007. This was a 4.3% increase over the $836 wanted in the first quarter of 2006. As a result of rising rent prices, occupancy had dropped to 94.1%. During the fourt quarter of 2006, it had been 95.4%.

Apartment owners need not panic as the market is expected to improve thanks in part to the continued creation of construction and casino jobs being created in the next two to three years with development along the Strip. Additionally, as more and more people loose their homes through foreclosures, many are expected to return to apartment living.

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