Tuesday, October 27, 2009

Lake Las Vegas Live

Lake Las Vegas Live

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NV Jobs | Director of RestaurantsLoews <b>Lake Las Vegas</b> ResortUS <b>...</b>

Posted: 25 Oct 2009 12:19 AM PDT

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NV Jobs | Security OfficerLoews <b>Lake Las Vegas</b> ResortUS - NV <b>...</b>

Posted: 25 Oct 2009 12:19 AM PDT

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Vegas Auto Expo – Free to the Public : <b>Lake Las Vegas</b> Events

Posted: 19 Oct 2009 05:38 PM PDT

Subscribe to Lake Las Vegas Events News Feed · Subscribe to Lake Las Vegas Events Comments · Lake Las Vegas Events · Home · Photo Gallery · Events · Concerts · Directions · Contact Us · Dining & Spirits · Things to Do · Upcoming Events ...

The Federal Tax Credit and the Las Vegas Market

Posted: 26 Oct 2009 11:54 PM PDT

Our own Forrest Barbee was asked by the Las Vegas Review Journal newspaper recently about the impact of the federal tax credit (for first time homebuyers) on residential sales in Nevada. The statistics were even more dramatic than I expected…

The evidence comes from the Internal Revenue Service, which says that 20,222 Nevada first-time homebuyers have applied for the tax credit of up to $8,000 for the tax year 2008 as of Sept. 18.

"That's a third of all the sales, new and resale, for that one-year period. That's a pretty sizable number," said Forrest Barbee, corporate broker at Prudential Americana Realty and a director of the Greater Las Vegas Association of Realtors.

"It certainly suggests to me that an awful lot of people are taking advantage of this tax credit," Barbee said.

As you might imagine, the big question on everyone's mind going forward is the potential extension of this highly effective housing stimulus program. The current tax credit is set to expire on November 30th and lawmakers are hard at work developing phase II of this highly popular tax break. In the meantime, buyers are struggling with the worst enemy of any market-based decision making process, uncertainty.

In truth, almost no one doubts that the tax credit will be extended in one format or another. Residential housing is at the epicenter of our current economic downturn and no expert that I know of thinks a sustainable recovery is possible without meaningful stabilization in US house prices. You can't achieve stabilization without a steady supply of buyers, and without the tax credit it would appear that you forfeit quite a bit of residential enthusiasm. Is that something the US economy can afford right about now ??

Almost certainly not…

NV Jobs | Director of Food & Beverage OutletsLoews <b>Lake Las Vegas</b> <b>...</b>

Posted: 23 Oct 2009 12:19 AM PDT

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Posted: 23 Oct 2009 12:19 AM PDT

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Creditors Seek Permission To Sue Former <b>Lake Las Vegas</b> Owners

Posted: 20 Oct 2009 10:00 PM PDT

Creditors of troubled real-estate project Lake Las Vegas are asking a judge to let them sue the project's former owners, claiming a 2004 deal with Credit Suisse Group allowed them to cash out their multimillion-dollar investment while . ...

Philanthropy (Las Vegas Business Press)

Posted: 26 Oct 2009 04:30 PM PDT

The Andre Agassi Foundation for Education raised nearly $8 million at the 14th Grand Slam for Children benefit concert and separately announced it has received a commitment of $7.5 million, spread over five years, from the Engelstad Family Foundation.

Big Cases, Local Lawyers (Las Vegas Business Press)

Posted: 26 Oct 2009 04:28 PM PDT

Editor's Note: The following cases represent some of the most important business-related litigation in Nevada in 2009. Following a brief description of each lawsuit, is a list of the prominent local attorneys involved on various sides of the cases.

8 Corte Belleza, Henderson, NV 89011, $299,995 2 beds 3 baths

Posted: 25 Oct 2009 12:00 AM PDT

2 beds 3 baths property in Henderson, NV

An Examination of Helicopter Tours Above the Grand Canyon

Posted: 26 Oct 2009 04:51 AM PDT

The tour includes landing in the canyon for a champagne lunch, limo pickup and drop-off to and from your hotel, and flying over Lake Mead, Lake Las Vegas and the Las Vegas strip. The cost of this tour typically hovers around $300. ...
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