Archive for February, 2008
Las Vegas Foreclosures
Buyers often ask about the difference between a Foreclosure and a Short Sale. A short sale implies a late payment status; the lender(s) accept a price that is less than the outstanding loan(s) and the shortage is forgiven. A foreclosure is a situation in which the lender has actually taken the property from the owner; […]
Posted: February 26th, 2008 under Las Vegas NV Real Estate, Las Vegas Real Estate.
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Las Vegas Industrial Market
By mid 2007, the Las Vegas industrial market reported vacancies below historical averages. There is limited supply for strong demand for industrial property, causing an increase in lease rates and investment return. Across the valley, the average rent for industrial space is $.77 per square foot. During the past few years, land valuations increased up […]
Posted: February 7th, 2008 under Las Vegas NV Real Estate.
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