Saturday, May 26, 2007

Las Vegas Real Estate News 5/25/07

Las Vegas Real Estate News


May 2007 Archives :: May 22, 2007

Posted: 26 May 2007 06:08 AM CDT

Dawson of the US District Court for the District of Nevada entered a consent order of permanent injunction against Richard McCall, doing business as the Mastery Group International, of Las Vegas, ordering him to pay a $15000 civil ...

Trump tops off <b>Las Vegas</b> Strip project

Posted: 25 May 2007 05:54 PM CDT

LAS VEGAS (AP) — The real estate market may have cooled, but Donald Trump said he's not worried about his investment in a $1.3 billion condominium tower project just off the Las Vegas Strip.

Pool contractor Watters soaks up success

Posted: 25 May 2007 11:41 AM CDT

Russ Watters, owner of Watters Aquatech Pools and Spas, has been immersed in the swimming pool industry since high school, having begun working with his father in pool construction in 1972. After working with various local companies, Watters felt compelle

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Studies highlight urgency of McCarran upgrades

Posted: 25 May 2007 11:39 AM CDT

A couple of studies released last week reflect how critical airports and airlines are to Southern Nevada's tourism economy, and there's a blend of good and bad news that can be derived from them.

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Goldstein choreographs lucrative career as Realtor

Posted: 25 May 2007 11:37 AM CDT

Shayna Goldstein once hit the dance floor on Las Vegas stages, but this 27 year old is now a hit in real estate.

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Magnet status is seen as strong attraction to nurses

Posted: 25 May 2007 11:36 AM CDT

A few Nevada hospitals are preparing for a time when they do not have to worry as much about recruitment. The change won't come from anything as simple as $20,000 sign-on bonuses.

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Baskin-Robbins aims to hit neighborhood sweet spots

Posted: 25 May 2007 11:36 AM CDT

Every Baskin-Robbins ice cream shop has at least 31 flavors ready to scoop at any time. So when the company adds another 30 stores in the valley over the next five years, ice cream lovers will have to break out a case of Baskin-Robbins' trademark pink spo

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Mixed use takes hold

Posted: 25 May 2007 11:35 AM CDT

When it comes to mixed-used development, Las Vegas is still in its infancy, but that won't last for long.

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College breaks new ground

Posted: 25 May 2007 11:29 AM CDT

If there was any doubt that the once-fledgling Nevada State College would live to see its 10th birthday, those feelings were put to rest Thursday when the college broke ground on its first building.

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295,000 visitors expected here this weekend

Posted: 25 May 2007 11:27 AM CDT

It's a good thing Las Vegas sells dreams because the reality of holiday travel isn't pretty.

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Coyote Springs right on track

Posted: 25 May 2007 11:22 AM CDT

Development of the master-planned Coyote Springs community 50 miles from Las Vegas is coming along on schedule, with the first production model village set to open in less than a year, an executive for the primary home builder said.

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Real estate's newest VC darlings

Posted: 25 May 2007 07:00 AM CDT

Trulia, Zillow share many similarities

Why interest rates are going up

Posted: 25 May 2007 07:00 AM CDT

Mortgage market commentary

Senator urges tighter lending rules

Posted: 25 May 2007 07:00 AM CDT

Fed to hold hearing in June, but Bernanke cautions against crackdown

Deals close when buyers are in control

Posted: 25 May 2007 07:00 AM CDT

Part 6 of 6: Secrets of powerful negotiation

That '70s loft in Tribeca

Posted: 25 May 2007 07:00 AM CDT

Diary of a real estate rookie

<b>Las Vegas Real Estate News</b>

Posted: 25 May 2007 09:09 AM CDT

West Las Vegas has been without a grocery store for three years, but on Tuesday developers and grocers pitched their plans to fill the void. del.icio.us bookmark this on del.icio.us - posted by lalitd to las vegas real estate news west ...

Home sales, prices fell in April

Posted: 25 May 2007 07:00 AM CDT

NAR reports rising unsold inventory

Investment Opportunities in San Diego

Posted: 25 May 2007 08:53 AM CDT

Real estate investors looking to diversify their portfolios may want want to look to San Diego. Recently, the city council approved the mayor's plan to put 17 city-owned properties on the market for sale. This bundle of properties includes downtown high-rises, million-dollar La Jolla homes and vacant dirt lots. The city is estimating that if all sell at appraised value it could bring $37M into the city's coffers.

Properties will be sold through a broker instead of a public auction and include:

  • The 12-story World Trade Center office building on Sixth Avenue appraised at $18.1 million.
  • The Crabtree Building on 303 A Street appraised at $2.3 million.
  • A number of residential homes in La Jolla including a three-bedroom, two-bathroom home with a pool blocks away from Windansea Beach on Beaumont Avenue appraised at $1.7 million. The home is currently being rented for $1,900 a month.
  • A Border Patrol station at the U.S./Mexico border appraised at $2.6 million.
  • A multitude of vacant commercial and residential land, from an abandoned lot in Grant Hill to commercial plots in Mission Valley and University Towne Center, appraised at anywhere between $160,000 and $2 million.
  • Overnight real estate rates up further

    Posted: 25 May 2007 07:00 AM CDT

    30-year fixed rate at 5.94%; 10-year Treasury yield at 4.84%

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