Thursday, December 27, 2012

Lake Las Vegas Live

Lake Las Vegas Live

Link to Lake Las Vegas Live

The Holidays, <b>Lake Las Vegas</b> Style - Westin <b>Lake Las Vegas</b> - The <b>...</b>

Posted: 21 Dec 2012 01:26 PM PST

Enjoy family-friendly, relaxed festivities here at The Other VegasSM Photo: Petr Kratochvil This holiday season, avoid the massive crowds and traffic over on the Strip, and instead savor just the right level of celebration here ...

Reno and Las Vegas Strong Bets for Real Estate Investors

Posted: 27 Dec 2012 12:08 AM PST

Investing in Reno and Las Vegas real estate properties is one way to ensure that money ends up in your pocket.  Prices are still very low in these two cites after they experienced a deep plunge during the economic bust, but evidence suggests that a strong rebound is currently in progress.   Multiple Listing Services (or MLS) data shows the following evidence of strong growth:

Prices are up

In Las Vegas there was a noticeable 12.4% increase in home prices during October, compared to the previous year.   Reno, on the other hand, showed an increase of 11. 7% compared to the same month of the previous year.  Both cities showed indications that they were improving much faster than other markets in the nation.  Single family homes in Las Vegas went up by 11.9% in October compared to September's sales.  Townhomes and condominium units rose by 5.7%.

Tightening of inventories

Both markets are seeing significantly reduced inventories.  Reno's inventory decreased by almost 30%, while in Las Vegas, inventory went down by 24.4% over the last 12 months.

Declining Foreclosure rates

Tough new foreclosure rules that are now being implemented in Nevada helped to reduce both city's foreclosure rates.  Before the new foreclosure rules, foreclosure rates were at one for every 39 homes, one of the steepest in the country.  Now however, the foreclosure rate has much improved and currently stands one for every 139 houses.

Lowering of Unemployment

Unemployment rates are still a problem for both cities, but as the economy improves in these areas more jobs will almost certainly be created.  And while both the economy and job growth are still a bit on the shaky side, several factors predict that these two cities are set for a stable rebound, meaning it would be a smart decision to make your move in the real estate market now.

 

29 Montelago Blvd #102, Henderson, NV 89011, $85,000 1 bed, 1 bath

Posted: 26 Dec 2012 12:00 AM PST

666 sqft, 1 bed, 1 bath, condo in Henderson, NV - Lake Las Vegas

Q5: Half iron women

Posted: 26 Dec 2012 02:35 PM PST

Leavenworth resident Ann Parthemore competed in the Half Ironman World Championships earlier this year in September. The Las Vegas race was on Sept. 9 and consisted of a 1.2 mile swim, 56 mile bike ride and 13.1 mile run.

Starwood Opens 71 Hotels and Signs Most New Hotel Deals since Pre-Crisis

Posted: 26 Dec 2012 05:00 AM PST

Starwood Hotels & Resorts Worldwide, Inc. today announced that, despite ongoing macroeconomic and geo-political uncertainty, 2012 was a year of the most deal signings since before the global economic crisis.
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