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Summerlin Homes For Sale Starting In The 180K's
February 2nd, 2008 8:37 PM

WHY THE NEXT FIVE YEARS IN LAS VEGAS WILL MAKE THE LAST TEN LOOK RIDICULOUS!
February 27th, 2008 8:10 PM
WHY THE NEXT FIVE YEARS WILL
MAKE THE LAST TEN LOOK RIDICULOUS!

Las Vegas may present the most unique opportunity for
Real Estate Investment in the United States if not the World!

Here is a brief, yet certainly not exhaustive, list of indicators, metrics and trends
that predict a brilliant future for Las Vegas Real Estate.


What drives the Las Vegas economy?

*  Hotel Room Additions
*  Leisure, Hospitality, Construction, Professional and Retail Employment
*  Strong Governmental Leadership
*  Shipping and Warehousing
*  Entertainment

THE PIPELINE-- by 2010
*  Almost 45,000 additional hotel rooms
*  $32 billion in additional taxable value from hospitality projects alone
*  $57.4 billion in construction projects planned, beginning construction or nearly complete

WHAT IT ALL MEANS-- by 2012
*  Population growth of over 560,000 people
*  Over 357,000 new jobs
*  7.9 million new visitors
*  Over 263,000 residential housing units
*  Over 56 million square feet in commercial, retail and industrial demand
*  More than $8.6 billion in additional taxable retail sales

 UNPRECEDENTED INVESTMENT  -   BRAND VALUE  -  MOVING BEYOND TOURISM  
NEW DEVELOPMENT CORRIDORS  -   NEW IDEAS    -     NEW OPPORTUNITIES

Its Vegas baby! And its HOTTER than ever!!!

Las Vegas has accomplished all this while having ~just~ eclipsed the 2 million population mark!
In Las Vegas growth and opportunity are literally exponential!
Las Vegas will continue to redefine what is possible and probable for well-over the next half-century!

Posted by Steve Harless on February 27th, 2008 8:10 PMPost a Comment (0)

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New Home Community For Sale Starting At $149,990
February 25th, 2008 4:47 PM

 

Here is a new a neighborhood of detached single-family homes located in the growing northeast valley of Las Vegas, Nevada. Home buyers have a choice of five contemporary two-story floor plans with up to five bedrooms, 3 baths and 1,715 square feet. Each home has an attached garage and comes with a long list of amenities.

This new community located in North East Las Vegas near Nellis Air Force Base.  The closest Cross Streets Are Craig/Lamb roads.

If you are looking for the best new home prices in Las Vegas, "YOU JUST FOUND THEM.

Call Steve Harless - Realty World at 702-217-1680 To get Pre-Approved and Start Shopping For New Homes!

                                                              MODELS NOW OPEN!
                             2 Story Homes - 1 Car Garage
                                     From the Mid $100’s

 

Name           Sq. Ft   Bed   Bath  Gar.   Price

Twilight
Floorplan
Elevation

1,072

3

1 1/2

1

$149,990

Sunset
Floorplan
Elevation

1,152

3

2 1/2

1

$159,990

Daybreak

Daybreak
Floorplan
Elevation

1,345

3
Opt 4

2 1/2

1

$164,990

Coming Soon!

Skyline
Floorplan
Elevation

1,523

4

3

1

$171,990

Coming Soon!

Daylight
Floorplan
Elevation

1,715

5

3

1

$178,990


Posted by Steve Harless on February 25th, 2008 4:47 PMPost a Comment (0)

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LAS VEGAS REAL ESTATE: Home prices to recover late in LV
February 13th, 2008 12:51 AM

A mid-year ceiling on housing supply won't rein in prices until the first half of 2009 because the market will have a year or more of inventory in several submarkets.

It's not all doom and gloom, though: Builders have restrained new-home inventory, creating a supply of less than six months. And with 6,000 new residents a month moving into town, Las Vegas remains one of the country's fastest-growing cities.

Unemployment in Las Vegas reached 5.6 percent in December, up from 4.2 percent in December 2006. That points to stagnant economic growth and a resulting slowdown in housing demand, Seime said.

What's more, the Las Vegas area had 27,513 resale listings -- a 16.1-month supply -- on the market at the fourth quarter's close. The city also had 15,840 condominiums, or a 26.5-month supply, for sale at the end of the quarter. The stock of developed single-family lots ready for new construction hit 31,194 parcels. That's a 29.2-month inventory.


Posted by Steve Harless on February 13th, 2008 12:51 AMPost a Comment (0)

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