Can’t qualify today? You can still move in right away! Turnberry Towers, a $700 million dollar luxury high rise condominium development located only one block from the fabulous Las Vegas Strip, has just announced its new lease purchase program. With only a 10% down payment, buyers can more into a brand new condominium residence today, rent for 18 months and receive 100% of the rent as a credit towards the total down payment at close of escrow! The lease purchase terms are as follows: 10% do... Read Full Post
The end of 2012 is almost here, and for the Las Vegas real estate market it's been mostly good news - FINALLY! The housing inventory is way down, and prices have risen steadily since the first of the year. A "balanced" market in Vegas should be be about 10,000 homes for sale. But as of today's date, there are only 3,892 single family homes actively on the market. Here's a breakdown of the current single family homes currently for sale by price range in December vs. July. You will note that th... Read Full Post
Tired of riding around for hours in the car, looking at neighborhoods and calling on homes to see how much they are asking only to find that the home is already under contract? Then check out our new mobile website at http://m.greatlasvegashomes.com on your smart phone. Just enter the web address in your browser and click on “Properties Near Me.” Your phone will ask you if it’s okay to disclose your location. Click on “yes” and you will immediately see ALL the active listings for sa... Read Full Post
Prices have been slashed by another 30% or more at The Modern as they get set to auction off 25 luxurious loft style condos on November 18th. Residences to be auctioned off range in size from 1234 sf to over 2,000 sf, with minimum bids starting from $165k on the smallest units (previously priced at $260k+ and originally priced from $400k+) and from $260k on the largest units (previously priced at $360k+ and originally priced from $650k+). This is great news for buyers in the Las Vegas market,... Read Full Post
Las Vegas’s has its very own mob museum located at 300 Stewart Avenue in the heart of downtown Las Vegas. The museum is a user-friendly interactive mob museum devoted to the infamous past of organized crime and law enforcement. As you walk through the museum, you can view memorabilia belonging to the actual wise guys themselves, mostly provided and in thanks to donations from the gangster’s living relatives. For a town shaped by the mafia, Las Vegas has changed quite dramatically since th... Read Full Post
Last month we had a guest speaker at our team meeting who has been doing appraisals in the Las Vegas Valley for more than 20 years. She has a stellar reputation in the industry, and usually comes to speak to us at least once a year to update us on appraisal formulas, how adjustments are made, the value of specific improvements to real estate in Las Vegas and trends in appraisal values. But this time, a random question about how appraisers are chosen by the banks led to some shocking discoveri... Read Full Post
A fabulous view of the lights of the Las Vegas Strip is a highly prized commodity here among home owners in the Las Vegas Valley. Some homes are positioned just so, to get that perfect panoramic Strip view. Houses with these kinds of views go fast and command a high premium, and for good reason. The Las Vegas Strip is beautiful at sunset, and glitters like a jewel in the desert at night. Unfortunately, not everyone can afford to pay the price to get that kind of view. That's all right though,... Read Full Post
by Jeff Tonnesen Poker night with the guys (or gals) is always a fun time. Men and women all over the nation enjoy having a friendly game of chance against their buddies. I went over to a friend’s place just the other night to enjoy a rousing poker night. We were playing Texas Hold Em - everyone bought in for twenty bucks. By the second hand I was” all in” with pocket queens. Everyone else folded except for one person. He couldn't seem to make up his mind. I felt like I had him beat: a ... Read Full Post
Want to know where to buy golf course property in Las Vegas? Serious golfers all have different criteria when it comes to what they want in a golfing neighborhood - it's not one size fits all. This list is only my opinion, but I think the four neighborhoods below offer a diversity of lifestyles and represent the best of each type of development: from livability of the community, to affordability of the housing, and last, but certainly not least, the quality of the course itself. Anthem Countr... Read Full Post
It's no secret why Las Vegas, home to over 2 million residents with 40 million visitors each year, has been a popular locational choice among fellow business leaders around the world. Just over 19 thousand conventions were held in Las Vegas in the year 2011. For those of you who are a bit rusty in mathematics, that is an average above 52 conventions for each day of the year. Las Vegas Convention Center stands out on its own as one of the largest convention centers in the world at over 3 milli... Read Full Post
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