http://lasvegasnevadarealestateblog.com Wed, 28 May 2008 16:07:05 +0000 http://backend.userland.com/rss092 en VA loans have made a comeback in recent months.  We have not seen VA loans much during the Las Vegas real estate boom.  But, with recent mortgage problems and challenges for buyers trying to take advantate of our “buyers’ market,” VA loans are a great choice for qualified buyers.  In ... http://lasvegasnevadarealestateblog.com/118/las-vegas-va-loans/ Las Vegas is known best as the “Entertainment Capital” of the world, but few people know how many great outdoor recreational activities offer other entertainment venues.  Being named by Forbes Magazine  as one of the Top Outdoor Recreation Cities is really exciting to those of us who live here!  For ... http://lasvegasnevadarealestateblog.com/117/las-vegas-outdoor-lifestyle/ The Las Vegas real estate market, with its share of foreclosures, is a prime market for real estate auctions.  And there are definitely some great "deals" for buyers!  Buyers need to be aware of the potential problems with purchasing homes at auction, and should always have their own Buyers' Broker ... http://lasvegasnevadarealestateblog.com/116/las-vegas-auction/ The Las Vegas real estate market has had its challenges during the past year, but we do see the light at the end of the tunnel!  During my most recent real estate auction on March 23rd, more than 200 foreclosed homes were sold to the highest bidders......some real deals were ... http://lasvegasnevadarealestateblog.com/115/las-vegas-real-estate-market-2/ North Las Vegas Airport was developed to keep smaller, private jets from clogging runways at McCarran International Airport, one of the nation’s busiest airports.  Managed by Clark County Dept of Aviation, North Las Vegas Airport was a conduit for more than 230,000 takeoffs and landings in 2006, making it the ... http://lasvegasnevadarealestateblog.com/114/north-las-vegas-2/ 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 ... http://lasvegasnevadarealestateblog.com/113/las-vegas-foreclosures/ 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 ... http://lasvegasnevadarealestateblog.com/112/las-vegas-industrial-market/ The ongoing mortgage freeze will continue to affect real estate activity in most cities throughout the country, and Las Vegas is no exception.  The private secondary market disruptions were the issue several weeks ago and those problems have had impact on conforming loans.  Mortgage originators are unable to sell “Alt-A” mortgages, ... http://lasvegasnevadarealestateblog.com/111/mortgage-affects-las-vegas-real-estate/ Multi-family vacancy rates increased this year, partially due to an increased number of single family homes available for rent.  This was caused by a decline in the housing market, fueled by the mortgage problems and substantial inventory of homes for sale.  Many investors bought single family homes in 2000-2003, before ... http://lasvegasnevadarealestateblog.com/110/multi-family-investment-properties/ The Las Vegas economy is growing strong!  Las Vegas welcomed more than 33 million visitors in 2007, while average daily room rates increased by 12%.  McCarran International Airport processed a record number of 40.2 million passengers.  The Nevada Gaming Control Board reported statewide gaming revenue for Clark County as a ... http://lasvegasnevadarealestateblog.com/109/las-vegas-update-2/