Tuesday, November 27, 2012

Lake Las Vegas Live

Lake Las Vegas Live

Link to Lake Las Vegas Live

Big Come Back for Las Vegas as Real Estate Prices Steadily Rise

Posted: 27 Nov 2012 12:14 AM PST

Las Vegas used to always make the headlines for being the "Foreclosure Capital" of the country for several years. But now it is slowly making a comeback. Last year, there were about 12,000 short sales listed on MLS. Today, as of November 15, 2012, there are only 375 listed MLS for sale.

There are two groups of real estate in Las Vegas; under Group A are short sales, new construction, and some foreclosed properties at current market value. Under this group, the properties are selling like hot pancakes, they move very quickly; Group B is composed of properties that are still yet to recover from the real estate collapse from a few years ago. These are the properties that are difficult to sell and are not being sold because the sales price is almost double what they're worth in the current market. Homeowners are still trying to hold on to these houses with the hope that the market will recover soon enough for them to have a good return on their investments. However experts don't see this coming anytime soon despite the rise in real estate prices in Las Vegas.
The booming prices back in the early 2000s up to 2007 went way above and beyond the 3-4% annual growth but after that prices suddenly steadily fell. Presently the prices are gaining steady footing. And they are right where they should be. New construction is now being added to the Las Vegas housing market, which is something unheard of for the last several years due to the high rate of foreclosures. Houses back then where being foreclosed and sold for less than their replacement value.

Now that prices have risen back, new homes are being constructed because the new rates make it more possible for developers to compete with the prices of foreclosed homes in the market. But despite the real estate situation in Las Vegas, it still continues to be an ideal investment destination for investors and entrepreneurs.

Via Siena Pl, Henderson, NV 89011, $1,199,000 4 beds, 4.5 baths

Posted: 26 Nov 2012 12:00 AM PST

5941 sqft, 4 beds, 4.5 baths, single-family home in Henderson, NV - Lake Las Vegas

Promenade Way, Henderson, NV 89011, $1,295,000 4 beds, 5 baths

Posted: 26 Nov 2012 12:00 AM PST

6469 sqft, 4 beds, 5 baths, single-family home in Henderson, NV - Lake Las Vegas

Downtown Las Vegas Chosen Site for “Life is Beautiful” Food and Arts Festival

Posted: 26 Nov 2012 11:14 AM PST

The "Life is Beautiful" festival to be held in the fall of 2013 is expected to draw thousands of visitors and locals to Downtown Las Vegas. The festival is spearheaded by Another Planet Entertainment, the Aurelian Marketing Group, and MAKTUB Marketing and Downtown Marketing. CEO of Aurelian Marketing Group, Rehan Choudhry said that they are excited about the unique partnership that has come together because of this spectacular festival.

The Aurelian Marketing Group is a seasoned company composed of highly trained and experienced brand strategists, expert producers, and creative directors. These experts all have track records of conceptualizing branded entertainment and events.

Another Planet Entertainment will be the partly responsible for handling the stage production and music booking for the festival. This outfit also produces the Treasure Island Music Festival and the Annual Outside lands Music and Arts Festival held in San Francisco. They were also the ones behind the promotion and production of events and artists such as Dave Matthews Band, Neil Young, Radiohead, Tom Petty & The Heartbreakers, Metallica, Kanye West, and Paul McCartney.

Joey Vanas, Executive Director of the First Friday Foundation and MAKTUB Marketing and also managing partner of First Friday Las Vegas, said that they're bringing the event to Downtown Las Vegas because of its active community that's aiming for real change. They are working hand-in-hand with the community to transform it to become the world's largest community-focused city. They are hoping to make this great event an integral part of the neighborhood.

The goal is to direct investments to real estate, education, residential development, small business and startups, and a well-meshed urban core. Vanas is the one who has seen the development of the First Friday Foundation, a non-profit institution dedicated to backing civic and local art. It has drawn the attention of around 20,000 people and created awareness for the arts scene in Downtown Las Vegas. It successfully paved the way across the country and the world.

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