As of this morning, there are 289 condos with 1 or 2 bedrooms with a maximum price of $100,000. Nine of these are less than $50,000 (I feel sure they are most likely in somewhat less than FHA approvable condition). The lowest priced unit is a mere $34,900, described as a “great location.” Five of [...]
I realize that few of my readers ever visit Al Jazeera’s English site. This article on the American economy spends a good deal of time talking about Vegas: On the Las Vegas Strip, there’s little sign that the US economy is in trouble. Glamorous, or merely garish, the Strip – a four mile stretch of [...]
I guess the Hulkster won’t be taking that penthouse condo after all. Maybe Jesse Ventura wants it? Las Vegas can make a museum out of almost anything. Guess what state is NOT on the list of 10 most expensive places to get homeowners insurance? Nevada! If you are trying to get money out of your [...]
Alex Edelstein of Frothing Developer is on a tear about what he feels are inaccurate numbers of high rise condos under development being reported. And he should know — he’s the developer behind a bunch of those condos! It turns out that the Las Vegas Review Journal reported total condos being built as just high-rise [...]
A combination of aggressive mortgages, maxed out home equity lines, and dropping home prices mean that home equity rates in the United States have fallen below 50% for the first time since World War II. This is of course related to housing being in the “deepest decline since the Great Depression.” There has actually been [...]
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 [...]
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 [...]
