Las Vegas Real Estate News |
| Commercial Market Sees Signs of Slowing Posted: 23 May 2007 08:32 AM CDT While the commercial real estate market had expanded in the first quarter of 2007, it appears to now be showing signs of cooling, according to the National Association of Realtors (NAR). In the first quarter of 2007, the NAR reported its index on future commercial property activity rose to a record high, up from the same 2006 quarter. However, deteriorating economic conditions now appear to be dragging the market down. Reasons for the slowing included a marked decline in durable goods shipments, a decline in return on commercial investment and an increase in the number of people filing for unemployment insurance. Yet, despite these factors, the NAR still believes that the commercial real estate market will continue to perform well in 2007, just at a slower pace the originally projected.         |
| Posted: 22 May 2007 08:23 PM CDT In M&A news, MGM Mirage (NYSE: MGM - News) and other casino stocks rose today as Kirk Kerkorian expressed an interest in MGM's Las Vegas properties. Kerkorian's Tracinda Corp. is also the majority shareholder for MGM Mirage, ...         |
| Survey Identifies the Best Cities For Families Looking to Relocate Posted: 22 May 2007 11:00 PM CDT In this week's roundup of real-estate news we look at metro areas with lower housing costs and a high quality of living, a Detroit suburb's initiative to draw home buyers, where investors are headed in New York and an 'all broad' fight against mortgage fraud.             |
| Got Junk? Tips for Hosting A Garage Sale or Selling Online Posted: 22 May 2007 11:00 PM CDT Some bargain hunters still search newspapers for local events, while others use the Internet. We look at how to price your items and whether to host a yard sale or try your luck on the Web.             |
| Home Kits That Test For Growing Mold Posted: 22 May 2007 11:00 PM CDT Fungus behind wallpaper and other places can cause allergic reactions and contribute to asthma and other respiratory ailments, but low-cost testing can work -- if the right product is used.             |
| NAR plans to create credit union and tech incubator Posted: 23 May 2007 07:00 AM CDT Dues increase in 2008 will support major initiative         |
| Inman TV: Housing credit squeeze Posted: 23 May 2007 07:00 AM CDT Fed chief concerned about tightening lending standards         |
| Posted: 23 May 2007 07:00 AM CDT Portfolio limits, affordable housing fund potential Senate roadblocks         |
| McCarran numbers up again in April Posted: 22 May 2007 10:18 PM CDT The latest figures from McCarran Airport show there's no shortage of travelers coming to Las Vegas. The airport welcomed just over 3.9 million passengers last month, a 0.9 percent increase over April, 2006.  bookmark this on del.icio.us - posted by lalitd to las vegas real estate news mccarran airport - more about this bookmark...         |
| Posted: 22 May 2007 10:15 PM CDT The city of Las Vegas has entered a development agreement with Focus Property Group for a master-planned community known as Kyle Canyon Gateway. bookmark this on del.icio.us - posted by lalitd to las vegas real estate news kyle canyon - more about this bookmark...         |
| A push to keep shoppers in inner cities Posted: 22 May 2007 10:10 PM CDT America's urban core residents export more than $42 billion annually in consumer spending to suburban stores, a massive chunk of spending the nation's mayors would like to keep in their cities. bookmark this on del.icio.us - posted by lalitd to las vegas real estate news - more about this bookmark...         |
| “Has <b>Real Estate</b> Really Gone Down That Much?” Posted: 01 Apr 2007 11:30 AM CDT That'sa small number compared with the 15500 units proposed for Orlando or the 32800 going up in Las Vegas." "Condo-hotel units that sold for $650 a square foot in the late 1990s are offered at $1200 to $1400 a square foot now. ...         |
| Posted: 22 May 2007 07:00 AM CDT Data-sharing and consolidation can heal overlaps, paper suggests         |
| Three plead guilty in Kansas City mortgage fraud Posted: 22 May 2007 07:00 AM CDT Case involves inflated sales price of politician's home         |
| Premarket: <b>Vegas</b>, Baby, <b>Vegas</b> Posted: 22 May 2007 10:35 AM CDT Shares of Fremont General, a subprime lender that has seen its stock decline 56% this year in the wake of increasing problems in the subprime sector, were up 49% after the company agreed to sell its commercial-real estate lending ...         |
| Lending industry warns against regulatory crackdown Posted: 22 May 2007 07:00 AM CDT Federal regulators drafting new guidance for subprime lending         |
| NAR group pursues national real estate database Posted: 22 May 2007 07:00 AM CDT System would include every U.S. property, status information         |
| Overnight real estate rates ride higher Posted: 22 May 2007 07:00 AM CDT 30-year fixed rate at 5.9%; 10-year Treasury yield at 4.78%         |
| Latest Planned Mini City Unveiled Posted: 22 May 2007 09:44 AM CDT Plise Companies has announced that it is moving forward on the area's latest planned mini city which will be located 10 miles south of the Strip, near Henderson Executive Airport and the planned M Resort. The $2B, 126-acre mixed-use community called City Crossing will include 600,000-sf of retail, 1.5 million sf of class A office and 2,500 residential units built around 17 acres of parks, trails and other public spaces. The $500-million, 30-acre first phase, slated to open in fall 2009, will include all of the office, 100,000-sf of retail, 180 residential units and a 160-room boutique hotel. The entire development is expected to be completed by 2014.         |
| Posted: 22 May 2007 08:27 AM CDT MGM surged more than 20% on the news and other gaming stocks, including Las Vegas Sands (LVS), Boyd Gaming (BYD), and Wynn Resorts (WYNN), are up in sympathy. Meanwhile, lenders are set to open higher after Fremont General (FMT) ...         |
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