Archive for February, 2008

“Live From… Las Vegas? It’s Saturday Night!”

February 29, 2008

According to our own Vegas Confidential reporter Norm Clarke, there is actually talk of doing a Saturday Night Live spinoff right here in the Las Vegas Valley. Well, he doesn’t exactly have an exclusive on that story, which appears to have originally appeared in the New York Daily News’s gossip column. I hope it happens.  [...]

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Interesting Conclusion

February 26, 2008

According to the NAR, a REALTOR can help you get more money out of selling your property — even after commissions.  Doubters will of course point out that these numbers were put together by an organization with a vested interest in the outcome.   Even so critics and economists who doubt these figures concede that [...]

Posted in General Real Estate, Realtors Comments Off

Odds and Ends 5

February 25, 2008

Good news for Vegas real estate development: the Cosmopolitan Resort and Casino will avoid foreclosure. When finished, the hotel and convention facilities will be run by Hyatt. The complex will include roughly 3000 hotel rooms in addition to a number of luxury, high-rise condominiums. A couple items on that quintessential Vegas export, weddings! First we [...]

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Don’t Forget!

February 22, 2008

I will be at the United Studios of Self Defense Desert Shores Dojo on Friday, February 29, from 6:00 PM to 8:00 PM to meet you and answer any questions you may have about buying or selling property, local market conditions, the economy, and real estate in general.  I will also gladly set up appointments [...]

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Abandoned Restaurant For Sale!

February 20, 2008

Somehow I think this has progressed beyond being a “fixer-upper” right into the realm of “tear-down.”  But it even comes with many fixtures, some bar ware, and a phone! Seriously, however, be aware of what you are getting into when buying distressed property.

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Fly Like an Eagle

February 19, 2008

Thanks to the Movable Buffet for pointing out the Las Vegas Sun’s new database of flight delays. This should prove to be a great tool whether you are coming to Vegas, or trying to get out of town!

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The Short Version of Short Sales

February 15, 2008

In our current market, I get a lot of questions about short sales. And no wonder! As of Monday one out of every 5 listings in the Greater Las Vegas MLS was a short sale! For those of you that are terminally curious, that’s over 4000 short sale homes. If you are interested in purchasing [...]

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Meet Me Live!

February 14, 2008

I am proud to announce that I will be on hand at the United Studios of Self-Defense Desert Shores Dojo for a networking open house on Friday, February 29 from 6-8 PM. The dojo is at 8410 W. Cheyenne, Suite #104, near the intersection of Rampart/Durango and Cheyenne in the Albertsons parking lot. I will [...]

Posted in Communities in Las Vegas, General Real Estate, Las Vegas Commercial Development, Las Vegas Condominiums, Las Vegas Real Estate, Las Vegas Single Family Housing, Vegas Economy, Vegas Life Comments Off

A Dam Problem

February 14, 2008

Scientists have now said that whether or not Lake Mead exists in 15 years is a coin toss: Based on models constructed from the analysis of historical records from the Federal Bureau of Land Reclamation, the researchers, Tim Barnett and David Pierce, say there is a ten percent chance the reservoir will be dry in [...]

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Odds and Ends 4

February 10, 2008

I have lived in (or near) a number of large cities over the years, and have now had the occasion to see multiple metropolitan areas dealing with the problem of vacant housing. Sometimes, integral to the problem is unclear ownership. Other times, it is a large concentration of bank-owned properties — so-called REO — that [...]

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