Tuesday, June 12, 2007

Las Vegas Real Estate News 6/11/07

Las Vegas Real Estate News

Redfin revives local real estate blogs

Posted: 12 Jun 2007 07:00 AM CDT

Sweet Digs returns after MLS rules forced ax on property reviews

Real estate duets to hit on tough changes

Posted: 12 Jun 2007 07:00 AM CDT

New, old worlds collide at Real Estate Connect

Economists See Housing Slump Enduring Longer Than Expected

Posted: 11 Jun 2007 11:00 PM CDT

The downturn will last at least through 2007 more experts predict. They blame a glut of homes for sale and growing caution among lenders.

Getting a Great Countertop Without Blowing the Budget

Posted: 11 Jun 2007 11:00 PM CDT

Columnist Nancy Keates realizes that countertops will be the key feature to her new kitchen and sets out to evaluate everything from glazed lava to products made from recycled paper. She explains why she likes some of these choices better than standard options like granite and Corian.

Seattle Homeowner Sets Out To Tackle the Housing Market

Posted: 10 Jun 2007 11:00 PM CDT

Columnist Jane Hodges aims to sell her home before mortgage payments on her new house are due. Will she meet her deadline?

Inspirada <b>Las Vegas</b> Holds Toll Bros New Homes Grand Opening June 30

Posted: 11 Jun 2007 10:18 AM CDT

Ten on-site new model homes in Inspirada real estate are now under construction at the new master-planned community in the southern portion of [...] Tags: Las Vegas Real Estate, Las Vegas News, Las Vegas Homes, coronado collection, ...

Looking for a Foreclosed Home? Be Ready to Clean!

Posted: 11 Jun 2007 06:49 PM CDT

Daily Real Estate News June 11, 2007 Buying a Foreclosed Home? Get Ready to Clean Owners of houses in foreclosure often leave them in poor shape, including abandoning desperate pets and rotting garbage, say properly inspectors and real ...

Verge Condo Selling Well

Posted: 11 Jun 2007 01:54 PM CDT

Verge, an eight-story condo development, located at the corner of Main and Bonaza roads has cleared another hurdle to qualify for its construction loan. According to its developers, 86% of the 229 unit have been put under contract in the past two weeks at an average price of $400 per sf. Previously, Fremont Bank had pledged $75M in construction financing contingent upon selling 50% of the units. With that goal met and surpassed, developers expect the project to break ground this summer and be complete in late 2008.

The high rate of sales may be due to the low pricing strategy employed by the developer. Compared to other new ground-up condo developments in LV, the asking price was considered quite affordable. Studio units began at $149,900 and a total of 37 units were priced under $200,000. Of all the units, 60% are priced under $400,000.