Vegas Economy

Odds and Ends 11

Posted by on October 30, 2008 at 9:33 pm

Not that I agree with their list, but you might want to check out Lifehacker’s Top 10 Real Estate Links. By way of disclaimer, I do not recommend using Zillow as a serious price comparison tool. First and foremost, it treats foreclosure auctions as equal to sales.  If you see a house that “sold” for [...]

I wonder if it will generate any tourism

Posted by on August 19, 2008 at 7:20 am

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 [...]

Happy 2nd of July!

Posted by on July 2, 2008 at 10:45 am

It must be nice to be a Congressman. They’re already out for the Independence Day holiday. Of course they left a few little things undone. Like, say, that bill that might have helped homeowners and mortgage companies prevent some foreclosures. Don’t get me wrong, the ideas on the table were far from perfect, but they [...]

Cosmopolitan

Posted by on June 24, 2008 at 10:03 am

Yesterday, the International Times Herald ran a Bloomberg article called Defaults in Las Vegas turn investment banks into decorators. I can only imagine the number of signatures that have to be gathered to actually change a paint color! Here’s an excerpt: Since January, when Ian Bruce Eichner, a New York developer, defaulted on a $760 [...]

Ivanpah

Posted by on June 13, 2008 at 8:02 am

Most people have never heard of Ivanpah. No, not the “ghost town“. The proposed solar power farm? Well, that’s closer. I am referring to Ivanpah International Airport — currently a hunk of desert near Jean, Nevada — a facility well supported in Nevada and almost unanimously supported by Congress. It is supposed to take some [...]

Huge Data Center in Las Vegas

Posted by on May 25, 2008 at 1:51 pm

Today, tech news community Slashdot brought us a story from the British news site The Register: a company called Switch Communications — which calls itself “The #1 Rated Disaster Avoidance Colocation and Bandwidth Interconnect Facilities in North America” — is building one of the largest data centers in the world. It’s called the SuperNAP. Here’s [...]

Not your average bankruptcy

Posted by on May 6, 2008 at 10:23 am

Remember some months back that the Tropicana begged workers to put off actually depositing their paychecks? Having lived through The Great DotCom Boom and subsequent bust, I know that this is a great big, glowing “get out now” red flag for any company’s prospects. The inevitable has happened:  Tropicana Entertainment LLC is declaring Chapter 11 [...]

A Tale of Two Housing Markets

Posted by on April 8, 2008 at 2:10 pm

Maybe you saw today’s news that pending home sales are at an all-time low… well, a low since the National Association of Realtors started compiling those figures in 2001. It’s down 1.9% from last month and 21.4% since last year! Of course, not all regions had the same performance. To listen to the market gurus [...]

Apartments Going In Despite Neighbors Protests

Posted by on April 3, 2008 at 8:46 pm

As a real estate professional, I just don’t understand why some people hate apartments. Frankly, any argument you can make against apartment life can just as easily be leveled at condominium life. Complaints about “noisy neighbors on the other side of the wall” and “lousy parking” come to mind. Furthermore,  the management team of a [...]

Meet Me Live!

Posted by on February 14, 2008 at 11:37 am

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 [...]