Friday, December 21, 2007

Las Vegas Real Estate News

Las Vegas Real Estate News

Link to Las Vegas Real Estate News

Overnight real estate rates in 3-day drop

Posted: 21 Dec 2007 06:00 AM CST

30-year fixed rate at 5.74%; 10-year Treasury yield at 4.05%

Multifamily Portfolio Sale Nets $75M

Posted: 21 Dec 2007 04:03 AM CST

HENDERSON, NV-The residential sector shows some life with two condo-mapped properties finding new owners in recent deals.

Foreclosure Activity May Have Peaked

Posted: 20 Dec 2007 11:00 PM CST

Foreclosure filings for November surged 68% from a year ago but dropped 10% from October, another sign that foreclosure activity may have topped out for the year, a foreclosure-listing service said.

Abominable Snowmen: The War on Lawn Decorations

Posted: 20 Dec 2007 11:00 PM CST

There's a backlash brewing against holiday displays by neighbors complaining about gaudiness and wasted electricity.

2008 not so great, says builders' economist

Posted: 21 Dec 2007 06:00 AM CST

NAHB expects single-family starts to fall 24% next year

Positive news for Realtors in '08

Posted: 21 Dec 2007 06:00 AM CST

NAR economist underlines real estate's silver lining

Markets slow in Midwest

Posted: 21 Dec 2007 06:00 AM CST

InmanTV: Realtor explains how she's responding to changing conditions

What's been going on in Las Vegas

Posted: 20 Dec 2007 10:17 PM CST

It's hard this time of year with everything going on to keep up on all of my projects. Just to update you all on what has been happening here in Las Vegas, there is plenty of news. Back in October I reported the capture of Chester Styles. This scumbag was back in court today, rejecting a plea offering. I guess he's hoping to make the victim have to testify, along why he would when there is VIDEO of him molesting her is beyond me. May he ROT IN JAIL.

In keeping with the spirit of the holidays, some scumbag is going around local neighbors posing as an employee of the Community Outreach Ministries that operates a local thrift store (zip 89110), selling needed merchandise at prices everyone can afford. The ministry also accepts donated automobiles, and there is where our scumbag comes in. So far its estimated that he has scammed eight cars from caring, giving individuals in the valley. If you are approached by this individual, don't try to apprehend him, simply contact Metro. More importantly, if you have items you wish to donate please contact them directly.

Local residents of the Sundance Village Apartments were forced to evacuate when one of the buildings caught fire earlier this afternoon. The blaze broke out about 2 pm. Thankfully no one was killed and the six residents evacuated have been moved to other vacant apartments in the complex.

Another condo complex has been cancelled, but its not what you think. The full story about the condo cancellation can be found on my other blog.

The Perfect Christmas Gift

Posted: 20 Dec 2007 05:18 PM CST

Imagine yourself in this spacious home in the southwest section of Las Vegas. At 4413 square feet with 4 bedrooms and 4 baths this home will fit your every need.
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Help on the Way for Strapped Homeowners

Posted: 20 Dec 2007 02:07 PM CST

Help on the Way for Strapped Homeowners The Senate moved against the worsening mortgage crisis, voting recently to make it easier for thousands of homeowners with ballooning interest rates to refinance into federally insured loans...

Sam Zell Immediately Shakes Up Tribune Co. as New Chairman and CEO

Posted: 20 Dec 2007 04:31 PM CST

... from Equity Group Investments LLC; Jeff Berg, a Hollywood agent; Frank Wood, who used to own radio stations; Brian Greenspun, a Las Vegas real estate, publishing and gambling businessman; Maggie Wildrotter, a cable-TV executive. ...

Economic indicator drops sharply in November

Posted: 20 Dec 2007 06:00 AM CST

Stocks, jobless claims impact U.S. leading index

Freddie Mac: Long-term mortgage rates up this week

Posted: 20 Dec 2007 06:00 AM CST

Economist cites 'stronger-than-expected inflation reports'

Dirhams for Dollars-Diversifying Gulf State Investors

Posted: 20 Dec 2007 10:11 AM CST

The weak US dollar has attracted foreign investment into the US gaming industry, propping up Las Vegas real estate values, according to Fitch Ratings, which expects Dubai will increase its stake in MGM Mirage and that the inflow of ...

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