Friday, June 08, 2007

Las Vegas Real Estate News 6/07/07

Las Vegas Real Estate News


$4B Fuels Build for Fontainebleau Resorts

Posted: 08 Jun 2007 04:00 AM CDT

LAS VEGAS-The financing will be used in part to pay for the construction Fontainebleau Las Vegas across the Strip from the Circus Circus resort.

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Posted: 08 Jun 2007 03:44 AM CDT

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Posted: 08 Jun 2007 03:43 AM CDT

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Connect with bloggers around the world

Posted: 08 Jun 2007 07:00 AM CDT

Confab cracks open hot blogging topics

Stress reduction for real estate agents

Posted: 08 Jun 2007 07:00 AM CDT

Four strategies that aim to improve productivity

As Insurers Flee Coast, States Face New Threat

Posted: 07 Jun 2007 11:00 PM CDT

Much of the risk associated with hurricane coverage is shifting to the public and away from private companies and coastal homeowners. This means taxpayers may be forced to help foot the bill.

Solar-Panel Rebate System Helps Spur Demand -- and Prices

Posted: 07 Jun 2007 11:00 PM CDT

Costs continue to rise as backlogged solar installation companies accommodate homeowners willing to pay more.

New <b>Las Vegas</b> Project Announced

Posted: 07 Jun 2007 11:17 AM CDT

The acquisition financing was provided by Credit Suisse, signaling the continued strength of the Las Vegas real estate market. This will be the first Las Vegas hotel and the largest real estate project in the country to be developed and ...

» Las Vegas- Median Prices Back to Summer 2005 Levels

Posted: 07 Jun 2007 10:47 PM CDT

April's housing data for Las Vegas, as expected, was a continuation of the housing bottom we have been scraping along for nearly six months.

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GSG Development pays $65 million for Beltway land

Posted: 07 Jun 2007 10:46 PM CDT

Glen, Smith & Glen Development announced Monday that it had acquired 56 acres of land along the I-215 Beltway for $65 million, or $1,160,714 per acre. Both parcels are zoned for mixed-use.

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Realtors are facing some bitter medicine

Posted: 07 Jun 2007 10:45 PM CDT

Inventory, inventory everywhere and not a buyer in sight. That seems to be the message in Las Vegas and across the nation. The latest numbers from GLVAR show the number of homes on the market is now well above 20,000 and prices are softening.

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Home inventory soars in May

Posted: 07 Jun 2007 10:45 PM CDT

Attention bargain hunters: there are plenty of homes available. Southern Nevada saw only 1,568 home sales in May, a 38.7 percent decrease from a year ago, reports the Greater Las Vegas Association of Realtors. And there was a record 23,042 units for sale

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Economic <b>News</b> You Can Use

Posted: 07 Jun 2007 10:12 AM CDT

It is true that in many of the formerly white hot areas of Las Vegas, Phoenix, Florida and the many areas of the East and West Coast, real estate prices have taken a major hit. In many these areas, there are two to three time as many ...

Retail Trends Forecast

Posted: 07 Jun 2007 03:02 PM CDT

Marcus & Millichap released its Retail Trends forecast recently. According to the company, we can expect to see:

  • A decrease in retail property deliveries in 2008, keeping overall vacancy rates from increasing too severely. Obsolescence (of older shopping centers) is a big factor in this dynamic.
  • The retail industry's 2007 construction pipeline is comprised of 43% big box retail, and mixed-use development has surpassed the construction of regional and super-regional centers.
  • In regards to retail rental rate trends and vacancy, M&M found that retail rental rates have been on the rise for the past decade and that the average effective rent per-square-foot is expected to hit $18 this year, followed by moderation in 2008.
  • The firm also reported the total U.S. retail vacancy rate has increased slightly over 2006, nearing 10%.
  • Watch what you sign with online listings agreements

    Posted: 07 Jun 2007 07:00 AM CDT

    Research finds content deals can include far-reaching terms

    Project Blogger contestants share stories

    Posted: 07 Jun 2007 07:00 AM CDT

    Audio conference features blogger newbie trials and tribulations

    North Carolina fines CFIC Home Mortgage $848,000

    Posted: 07 Jun 2007 07:00 AM CDT

    Georgia revoked Florida lender's license in March

    Peebles Buys Land for $1.6B Non-Gaming Resort

    Posted: 07 Jun 2007 04:00 AM CDT

    LAS VEGAS-Developer Don Peebles pays $65 million for a 16-acre site near the Strip that is entitled for a 4.5 million-sf non-gaming resort anchored by four 55-story towers.

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