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Archive for November, 2006

Las Vegas Real Estate Market Update

The most recent analysis of Las Vegas real estate, reported by UNLV in October, shows that the Las Vegas economy continues to hold its own during a national housing slowdown.  The Southern Nevada Index of Leading Economic Indicators moved upward in October.  The residential real estate market is down from eighteen months ago, but other […]

SUMMERLIN LAS VEGAS

Summerlin continues to be the leading Master Planned Community in the Las Vegas area!  The Paseos Village of Summerlin began in late 2003, and to date more than 1,200 homes have sold.  This beautiful village, located along the western border of Summerlin, offers several miles of walking & biking trails, connecting the existing 120 mile […]

Las Vegas Sullivan Square

Sullivan Square, the newest mixed-use high rise development, is about to break ground in the southwest Las Vegas valley.  This 16.5 acre development is part of the “manhattanization” of Las Vegas that has been the most recent Las Vegas real estate trend.  The urban living development will feature 1,300 residences, incluing high rise towers, terraced […]

Las Vegas Foreclosures Myths

The Las Vegas real estate market has drawn much attention from publicity about the “good deals” that buyers can get buying properties in foreclosure or default.  An entire cottage industry has been developed, with investors and brokers targeting distressed properties to buy for less than market value.  But buying foreclosures is neither easy, nor cheap!  […]

Las Vegas Investment Tax Strategies

The last quarter of the year is when many investors consider liquidating investment and income properties. Las Vegas investments have generated very generous returns; The best way to defer capital gain taxes, which would normally arise from the sale of investment property, is the IRS 1031 Tax Deferred Exchange. Exchanging defers the realization […]

Las Vegas Real Market Strong

Las Vegas continues to beat the national housing trend!  Much has been written about the national real estate market, but Las Vegas continues to beat the trend!  Resale and new homes have maintained their average sales price of $309,000.  Condo and townhome prices have increased 2.6% from a year ago.  Sales activity is strong, with […]