Las Vegas Real Estate News |  |
- Economic Growth Forecasted on Strip Resorts for 2013
- Anyone in Las Vegas use propertyware? - Zillow Real Estate Advice
- November 2012 Current Market Report For Zip Code 89110 <b>...</b>
- Res.net lets buyers search for 'prelisted' homes
- Get the upper hand on clutter
- Government's MBS purchases keep lid on mortgage rates
- 'Tis the Season . . . | Travis Bell and Robbie <b>Henderson Real Estate</b> <b>...</b>
- Bling is Out, Quality is In! | Travis Bell and Robbie <b>Henderson Real</b> <b>...</b>
- Don't let expertise cost you listings
| Economic Growth Forecasted on Strip Resorts for 2013 Posted: 07 Dec 2012 12:33 AM PST On Thursday, a group of analysts said that hotels along the Strip can expect an increase in revenue as much as 5.3%. The increase in revenue is expected to come from multiple sources as the economy continues to recover. Newmark Grubb Knight Frank's Global Gaming Group, a commercial real estate brokerage based in Las Vegas, published their predictions for 2013. The group predicted that the entire Strip revenue will have a growth of 1.5%-5.3% that is if the trend continues and the country doesn't slip into recession once again. The Newark Grubb Knight Frank's Global Gaming Group said that the Strip revenue rose up to 2.5% through June. And improved to 4% in September, which is equal to a $6.2 billion increase. Operators of Strip hotel-casinos have experienced a gain in visitation rate of 1.8% during the month of September. In 2014, there's a planned extension for additional 1,217 rooms. The project is in partnership with the SLS Las Vegas that will be located at the former Sahara site. Also additional units are also planned for the Downtown Grand that will open next year. The biggest component that's moving the visitation rate upward is the local consumers. But not all the resorts are gaining profit from the trend. The Stratosphere, a budget-friendly hotel casino has declined in its average room rate from $50.31 to $48.99 but on the other side of the coin the high-end Cosmopolitan hotel resort increased the rates of their rooms from $233 to $257. One other factor that could affect the trend is China's economy. The Chinese community comprises a large cut of high-end baccarat players. The baccarat revenue could still grow or fall by 5%, this will depend on the Chinese real estate and stock market performance. So definitely, their country's economy is something to keep an eye on. Se Oei, director of gaming research and analysis for Newark Grubb Knight Frank's Global Gaming Group said that the Eurozone situation and the fiscal cliff could still affect the overall trend. He stressed that although there are some concerns the group is still optimistic. |
| Anyone in Las Vegas use propertyware? - Zillow Real Estate Advice Posted: 04 Dec 2012 12:53 PM PST Boulder City Real Estate · Henderson Real Estate · Jean Real Estate · Las Vegas Real Estate · Laughlin Real Estate · Logandale Real Estate · Mesquite Real Estate · Nellis AFB Real Estate · North Las Vegas Real Estate ... |
| November 2012 Current Market Report For Zip Code 89110 <b>...</b> Posted: 06 Dec 2012 10:03 AM PST Las Vegas Real Estate, North Las Vegas Real Estate, Summerlin Real Estate, Green Valley Real Estate, Henderson Real Estate,Anthem, Henderson Real Estate, Sandy Valley Real Estate, Pahrump Real Estate, Logandale ... |
| Res.net lets buyers search for 'prelisted' homes Posted: 06 Dec 2012 12:02 PM PST |
| Posted: 06 Dec 2012 11:48 AM PST |
| Government's MBS purchases keep lid on mortgage rates Posted: 06 Dec 2012 10:41 AM PST |
| 'Tis the Season . . . | Travis Bell and Robbie <b>Henderson Real Estate</b> <b>...</b> Posted: 05 Dec 2012 11:12 AM PST To sell your property! Corporate relocation, end of year tax advantages, and historically low interest rates are all reasons why motivated buyers are. |
| Bling is Out, Quality is In! | Travis Bell and Robbie <b>Henderson Real</b> <b>...</b> Posted: 29 Nov 2012 10:55 AM PST ... South Shore: Apollo Beach · Plant HS District · Waterfront; About Us. About Bell Henderson Real Estate · Bell Henderson Real Estate Bios · About Keller Williams. 813.931.5000. Info@BellHenderson.com. Posts · Comments ... |
| Don't let expertise cost you listings Posted: 06 Dec 2012 09:06 AM PST |
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