Friday, December 14, 2012

Las Vegas Real Estate News

Las Vegas Real Estate News

Link to Las Vegas Real Estate News

Globalization conversation to wrap up real estate tech event

Posted: 14 Dec 2012 06:00 AM PST

Connect New York City: The world is crazy over real estate

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Revenues from Strip Resorts Expected to Increase by 2013

Posted: 14 Dec 2012 01:22 AM PST

According to some analysts, strip resorts are more likely to have a 5.3% increase or 8% decrease in revenue by next year, depending on the performance of the US economy.

Las Vegas-based Newmark Grubb Knight Frank's Global Gaming Group, a real estate brokerage, issued its 2013 investment guide forecasting growth on Strip revenues, assuming that the country dodges another recession.

Growth forecast in Strip revenue is expected to increase about 1.5% to 5.3%. According to NGKF, a 2.5% increase in Strip revenue was observed through June. State Gaming Control Board stated that Strip gaming win has improved by 4%.

This year, operators of Strip hotel-casino have seen benefits from increased visits to the city. The visitation rate to Las Vegas was up by 1.8% through September.

By 2014, SLS Las Vegas will be adding about 1,217 hotel rooms. By next year, 650 additional rooms are planned for the opening of the Downtown Grand.

A few resorts are not seeing the growth trend though. The Stratosphere's room rate decreased to $48.99 from the previous $50.31.

Consumer health is one factor that affects spending and visitation as measured using the household net worth. This indicator, together with the stock market and housing prices foretells growth by 2013 as indicated by a NGKF report.

The Chinese economy and its effect on high-end baccarat players is another factor to watch as well. The baccarat revenue is expected to decline or increase by 5% as projected by NGKF. However this depends on how the stock markets and the Chinese real estate perform.

According to NGKF, demand for hotel room booking with meetings and conventions is expected to grow by 1% to 4% next year with room prices increasing from 3% to 7%.

By 2013, Las Vegas will host a number of large events however economic events are more likely to cause businesses to put a hold on the group bookings, according to several analysts.

2013 <b>Las Vegas real estate</b> mareket predictions | Todd Miller TV

Posted: 13 Dec 2012 12:09 PM PST

Todd makes his prediction to what the real estate market will look like in 2013 in Las Vegas. Tweet. Logging In... Cancel Reply. Search Todd's Blog. Subscribe to Todd Miller TV. todd miller tv fans. - Facebook Members WordPress Plugin ...

<b>Las Vegas Real Estate</b> Market Recap for 2012 - justsold's Blog

Posted: 12 Dec 2012 05:58 PM PST

End of 2012 Las Vegas real estate update! Inventory is down, prices are steadily trending upward. What does this mean for Las Vegas in 2013?

Las Vegas,NV.Sunrise Manor Real Estate Prices UP +19.7%.FREE <b>...</b>

Posted: 08 Dec 2012 05:44 PM PST

DONE. Las Vegas Real Estate Foreclosure. Homes for Sale Free List Daily. David Cooper 702-499-7037. DAVID COOPER. By DAVID COOPER | Landlord in Las Vegas, NV. /profile/LASVEGASWINNER/. Las Vegas,NV.

Las Vegas,NV.<b>Henderson Real Estate</b> Prices UP 6.3%.FREE Deep <b>...</b>

Posted: 09 Oct 2012 03:04 PM PDT

The median sales price for homes in Henderson NV for Jul 12 to Sep 12 was $170000 based on 1800 home sales. Compared to the same period one year ago, the median home sales price increased 6.3%, or $10000, .

No pressure on mortgage rates as Fed continues easing

Posted: 13 Dec 2012 11:40 AM PST

Demand for purchase loans up 9 percent from year ago

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M Squared Web app acts as open house 'control panel'

Posted: 13 Dec 2012 10:46 AM PST

Open House Touch compatible with all smartphones and tablets

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Veros adds 'Realtors Valuation Model' to AVM lineup

Posted: 13 Dec 2012 10:09 AM PST

NAR's RPR will split revenue with Lender Processing Services

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6 real estate-related apps worth owning

Posted: 13 Dec 2012 10:22 AM PST

Engage with potential clients using better photos, calculators and search

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Design your way to a smoother real estate transaction

Posted: 13 Dec 2012 04:21 AM PST

Real Estate Connect Speaker Profile: Eric Bryn

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Las Vegas Multifamily Properties Fetch $93M

Posted: 11 Dec 2012 09:00 PM PST

LAS VEGAS-According to VegasINC.com, WTI Inc., a company linked to Dell, has bought two apartment complexes in Las Vegas for a total price of $93 million.

Stolen mobile device shouldn't be a gateway to sensitive data

Posted: 13 Dec 2012 02:04 AM PST

Realtor Notebook

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