Nevada

May. 3, 2008 - The Las Vegas Strip

The Famous Las Vegas Strip
Non Stop Glitz and Glamor

Famous Las Vegas Strip, glitz, glamor, non stop entainment, fun, shows

This is just a few of the shows that are on the Famous Las Vegas Strip right now. This town has non stop class acts. You can do almost anything you want around the strip and you will never be bored. Buffets, world class dining, and of course gambling .

Drive a few miles away and you would never know the strip was there. Communities, lofts, master planned living, townhouses, parks galore, schools, private and public.

What ever you want in fun, dinning and living, can be found in Las Vegas.

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May. 2, 2008 - Homeowners are now going to sue

Should the homeowners sue?

It is now official the law office of Mainor Eglet Cottle trial lawyers are preparing several lawsuits against Realtors®, lenders and appraisers. To quote Mr. Cottle " a triangle of professionals, every one of whom failed consumers most of the time." Mr. Cottle said he will prove that agents, lenders, and mortgage brokers failed their fiduciary duty to explain all buying and borrowing options. He contends that the home buyers should have been given professional recommendations in their best interest. Again to quote Mr. Cottle "instead agents and brokers focused on commissions and corporate bounuses and put buyers into adjustable rate mortgages that adjusted upward."

Here is the link for full article Las Vegas Review Journal

States also filing lawsuits include, Arizona, California, Ohio, Maryland and New Mexico. These states are also claiming professional lapses could cost hundreds of thousands of homeowners to lose their property.

I can not speak for lenders, appraisers , or even other Realtors®. I can only speak for myself and I work with a lot of buyers. If asked about a lender I give out several cards of lenders I have worked with before. The buyers choose their lender all on their own and the only time I get involved is to see how the loan is coming along. I am not a lender and I would never presume to give advice on a loan. Are there greedy and predatory lenders out there? You bet. Are there greedy and unethical Realtors® out there? You bet, but for the most part they are just hard working professionals helping the american public realize the american dream of home ownership.

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May. 2, 2008 - Royal Peacock Opal Mines

A second place to dig for those beautiful stones

Royal Peacock mines also offers the opportunity to dig for the beautiful stones known as fire opals. This dig site is a little more inexpensive than

Mine Phone: (775) 941-0374

Summer Mine Mailing Address: the other site.
PO Box 165, Denio, NV 89404

Winter Mailing Address
HCR001-9535, Winnemucca, NV 89445

Winter Phone: (775) 272-3201

DIG YOUR OWN VIRGIN VALLEY OPALS ALL YOU FIND ARE YOURS TO KEEP

OPEN
May 15 Thur Oct. 15
(Weather permitting)

Rock Shop hours:
8 am - 5pm

Mining hours
8 am - 4 pm

Children 12 and under with a paid adult dig free in the mine dumps and tailing's only

For more information visit:

www.royalpeacock.com

Here is a new link with up dated information it should help you have a fantastic gem hunting experience.

New Hours and updated information

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Apr. 26, 2008 - Treasure Hunt in Las Vegas

Search Las vegas for the Silver Dagger

source http://geofferykilts.com

Las Vegas is all a twitter over a new book out called Vegas Die. Seems a retired mobster is found murdered in the mayor's car and he becomes the prime suspect in this murder mystery.

But the really mystery that has Las Vegans searching high and low is the fact that a silver dagger worth a cool $25,000 dollars has been hidden some where in Las Vegas. The author said it is not in anyone's private residence, private front yard or backyard.

All of the clues are within the pages of the book. Only the author knows where the silver dagger is, even his wife does not know where it is.

The search for the silver dagger will go on for three years and the author has a sequel in the works. If no one has found it in two years the author said he may post some more clues.

Great fun for all even I think I might just buy a book and join in. I've always been a pretty good PI

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Apr. 23, 2008 - McCarran International Airport

McCarran International Airport

60 years McCarran International Airport has been serving Las Vegas. Named after Pat McCarran a long time politican , you can read about Pat McCarran here McCarran started with 4 airlines and twelve flights a day Bonanza, TWA, Western, and United. Of those airlines only United remains.

The nation’s sixth-busiest airport has certainly come a long way since 1948, the year Clark County purchased the property east of Las Vegas Boulevard that local aviation pioneer George Crockett had used for his smaller Alamo Airport. McCarran Field was dedicated on Dec. 19, 1948, and aviation in Southern Nevada has grown steadily ever since.

There will be different celebrations through out the year and I will take pictures and let you know what is going on.

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Apr. 4, 2008 - Las Vegas Made the Top Towns For Empty Nester

Empty Nester's

The Curry's of Atlanta wasted no time selling their family home as soon as their youngest son graduated high school. In Ms. Curry's words the ink was not even dry on the diploma before they sold the home and moved. Seems more and more people are moving as soon as they become empty nester's.
Las Vegas is on the top ten list of where these empty nester's are moving too. According to a Forbes magazine article between the years of 1990-2005 the empty nest population in Las Vegas has grown 156%. for the age population of 55-64 years of age. To read more on this Forbes Magazine Article click here
I did a little more investigation since these statistics only went to 2005 as of March 2008 I found this: Which takes us to July of 2007.

According to a new U.S. Census Bureau report. The growth measure was based on the actual number of people moving into metro areas, not on percentage terms - by that count, Las Vegas did not crack the top ten. The report says that the Las Vegas Metro’s population increased by 59,165 people from July 2006 to July 2007.

More about Las Vegas that may contribute to people moving to Las Vegas,

No local or state income tax
No business income tax
No estate tax
95% of companies hire locally
Between 200,000-250,000 miles of fiber optic cable in the ground
Cheapest operating cost in the US for a corporate headquarters
96,000 people (net) moved here in 2006
Median family income up 66% from 1996-2006
Value of a home up 168% in ten years
Over 38 million visitors in 2006, up 31% in ten years
Convention business up 95% in ten years
Room inventory 132,000, up 42%
Over $40 Billion in new construction in the next five years

I do know one thing if you are thinking about moving to Las Vegas NOW is the time:
So if you find your house

I can help you find a new house and as of Feb 2008 the medium price was $284,900 but also remember negotiations are key:)

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Apr. 1, 2008 - Elvis and his return to the Las Vegas Strip

The King will he return?

Well the Las Vegas Strip is full of fantasy and fun. The strip has top notch entertainment and every imaginable kind of food. But can they make THE KING return to Las Vegas? Well according to Las Review Journal the King is going to return to the strip in a big way. New York based FX Real Estate is planning to build an Elvis themed resort on 18 acres. With their own wedding chapels, boutiques, shows, luxury hotel with 2,269 rooms and a 93,000 sq ft. casino. Should be an interesting project and I will update as I find out more.

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Mar. 31, 2008 - Media Focused on The Negative

All the negative news is creating a crisis of confidence experts say:
This is a story from the Gwinnett Herald by reporter Brian Patton

Rajeev Dhawan an expert heard a lot on MSNBC, CNN, CNBC, NBC, CBS and the Bloomfield report speaking at a conference over the weekend has been quoted as saying "he sees the current economic problems as a Crisis of Confidence by the American Public." He feels a lot of this is brought on by the focus on BAD NEWS.

The second speaker was Stephen Phyrr, senior managing director of Kennedy Wilson and Executive Director of The American Real Estate Society of Austin, Texas. Phyrr has spent much of his career studying the effects of the cyclical economy on the real estate market.

To quote Mr Phyrr:

" he sees a positive overall forecast for the economy and real estate in general. His conclusions are summed up in six points:

1. Overall, the positives outweigh the negatives going forward. The lack of confidence of the American public reflects the media's emphasis on the "bad news" and creates a biased picture of the real estate environment.

2. The financial markets have overreacted to the real credit crunch of 2007, making financing difficult for investors throughout 2008.

3. Real estate will fare relatively well over the next three to five years compared to other asset classes.

4. Investors will go back to the fundamentals of improving property values by improving property management, and not by using financing as a vehicle to make sense of an investment.

5. There will be plenty of financing for real estate, and lenders will look for diversified types of real estate to finance.

6. Multi-family property investments will be a beneficiary of the housing finance and home building crisis of 2007.

Additionally, Phyrr discussed the importance of understanding real estate cycles. Real estate undergoes up and down cycles. Boom cycles have averaged 10 to 11 years and bust cycles have averaged five to six years over the past 30 years. Our last real estate boom topped out in 2001 and real estate values have been on a decline since then. So, based on the cycle timing and some other positive attributes, we are near or at the bottom of the down cycle and look forward to an upward trend in real estate values."

All in all now is a great time to buy in Las Vegas, prices will not continue in the downward spiral they have been in. California, Nevada, Arizona, and Florida have felt these effects early and will be the first to recover.

So if you are thinking of moving use the tips above and don't wait too long.

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Mar. 30, 2008 - Yes you can ski in Las Vegas

Yes there is snow in southern Nevada!!!

Who would even think that about 45 miles from the hear of the Famous Las Vegas Strip is a mountain that has snow on it and people actually ski. If you are in Vegas and want to get out of the hustle and bustle this is well worth your drive.

Do you know the way? Click here to get there

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Mar. 12, 2008 - Good News For The Las Vegas Buying Market

If you are looking to move to Las Vegas and buy a home in Las Vegas NOW is the time to buy. Sales rose in Feb. 11.7%. The inventory of homes rose to 22,497 so there is plenty for you to buy here in the Las Vegas market. There are some GREAT deals to be had.

The median price of home in Las Vegas is down to $246,500, down 20.6% from the same time only one year ago.

Read the whole story here

Then if you are thinking about moving to Las Vegas give me a call the buying market is fine, dive on in!
I will find you the perfect place to call home.

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All about Nevada, Traveling in Nevada, The Real Estate Market in Nevada both for buyers and sellers, A few traveling tips. A little bit of everything. Enjoy!!!!!