Las Vegas Real Estate Blog

The US is ranked number 1 in the International Basketball Federation, FIBA or 'Fédération Internationale de Basketball Amateur' in French. They are playing in Las Vegas. Kobe, James, Stoudemire, Anthony, among other superstars have been showing their stuff on the court as they stand in the quarter final round. If you plan to catch a game on ESPN2 or ESPN you can find the schedule.

There are many events and adventures attracting residents to Las Vegas. The jury's still out on the valley receiving its own pro basketball team...more news to come.

Las Vegas new home builders have been very successful in the valley in recent years. Many have grown a great deal. Some have merged or been bought out.

A decade ago the Warmington Group established Warmington Homes Nevada. Since, they have built some 2,000 homes. In the past, Warmington was know for "building for the stars". Now they have a strong image for building for the American family.

According to the Review Journal:

The company has nine neighborhoods selling in the greater Las Vegas area representing a variety of product types, including estate-size residences, single-family detached homes and condominiums.

Single-family home neighborhoods in southwest Las Vegas include Provence Estates, Carlisle Place, Mandolin at Mountain's Edge and York Village. Brighton Village in south Las Vegas and Emerson in northwest Las Vegas are also among the single-family homes now selling. The company is offering condominiums and townhomes, including Esplanade Metro Collection and Esplanade Plaza Collection in southwest Las Vegas and Cambria in northwest Las Vegas.

Prices range from the $170,000s to the $600,000s.

Sullivan Square, a new home developer in southwest Las Vegas, won the award for Best Overall Model Home. They were selected by the public and were recognized by the state-wide real estate community.

They have established a great image for their products and communities. A visit to their showroom provides a view into their professional appearance and demeanor. Their model homes show extremely well indicating a great housing product.

Read more regarding their award.

Las Vegas is the world's entertainment capital. If you want an adventure, Las Vegas is the place. Residents are moving to the valley in droves. Besides a strong job market and great living adventurous activities and outings are plentiful. Whether people enjoy clubbing, dancering (of any sort), sports, gaming, etc. there is a place for you.

One of the overlooked elements of southern Nevada is the outdoor lifestyle. Las Vegas was recently listed #1 as a top adventure town. World-class climbing, biking, offroading, hiking, fishing, camping, etc. attract assute outdoorsmen.

Many who purchase real estate in the valley do so because of the regional features and amenities. Besides its fabulous glamour, Las Vegas is a great place to find an adventure!

As a Little League coach in Las Vegas it was exciting to hear about the US Little League World Series win this weekend. Warner Robbins, Ga. came back from an early deficit to beat Tokyo with a walk-off homerun. From the sounds of the report the event was quite emotional and quite touching.

The US has won the world title 3 years in a row. That is the longest streak since 1966.

We have talked frequently on our real estate blogs about how technology has enhanced our businesses. Other industries are finding new handy technology. Counterfeiting has become a considerable threat to the US currency system.

Yahoo reported that the $100 bill is set to undergo a change in appearance and security. Tiny lenses will cause a morphing affect in the presidential image. The technique is difficult to reproduce and expensive to implement. Counterfeiting will become extremely difficult to do.

"The government says $118.1 million in counterfeit U.S. currency was detected in 2006, an increase of 3.8 percent from 2005.

While that is a fraction of the currency in circulation, the Secret Service is concerned with the threat, especially the challenge posed by new digital technology. Digital copies account for about half of all counterfeit notes passed in the U.S., compared with less than 1 percent of all counterfeit bills detected in 1995."

Most Realtors have a website or two. Every one of them wants to know how it's doing. Well, certain search engines produce much better results for a site than others. Here are some recent graphs on how search engines have performed in recent months. Each search engine uses its own algorithm too so it's important to optimize accordingly...IMHO.


If you are looking for other website development tips, especially for the DIY site, check out this web design tips site.

According to several news sources, new home sales increased in July. The rise was minimal but it was a significant indicator that the housing market still has life in it. Markets are typically driven by greed and fear. The stock market recently plunged because of the fear of some. However, the local economy and the world economy show enough strength and growth that the cyclical downturn will be short lived. Many are trying to predict changes in home buyer sentiment. The opportune time to buy is coming soon if not here already.

Keep an eye on market reports (click for Las Vegas Market Report) to know when to buy. We are certainly in a buyer's market and many are taking advantage of their position so they can ride the appreciation curve back up when it comes. They are betting on the mid to long term gains in value growth.

Home builders in Las Vegas have resorted to giving huge incentives to unload home inventory. National reports show builders in many parts of the country are throwing in pools, closing costs, and other perks to move the properties. However, there can be danger in accepting such incentives.

When a builder holds a sales price steady on a home or group of homes they understand that they don't want appraisal prices in the area or overall prices of their homes to drop. Sales numbers affect their reputation so they want to keep them as high as possible. So, what if home prices are dropping in the area but new home builders are selling at a steady higher price? Buyers are actually overpaying for the value of the home. If other homes in the area were to sell they would not get as much for them. What the incentives do is mask that factor some. A buyers is actually paying for the incentives and the builders plan on that to keep those final sales numbers high.

This isn't always the case and that is why you want to work with a skilled Realtor. They will help you determine the price of homes in the area so you can understand the real value of the home and incentives.

We hear all the time that we can get out of speeding tickets for all sorts of reasons. Well, here are some resources to confirm or deny those myths.

• 8 Top Traffic Ticket Myths
• http://www.dmv.org/traffic-tickets.php

And if you live in Nevada here are some other resources.

• http://www.co.clark.nv.us/ClarkCountyCourts/index.html
• http://www.trafficschoolinnevada.com/

Resources for other helpful items.

• http://www.hildrethhome.com/lasvegasinformation/lasvegascommunitylinks.php

Seems like the point here is to not get caught in the first place but if you do keep sharp eyes and ears and respond to the court dates or traffic school dates.