Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Coming to Las Vegas - the Las Vegas Real Estate Boom


Nobody seems to be 'Leaving Las Vegas' anymore - in fact just the opposite is true. Just as in the time of the rush Las Vegas real estate has been drawing the attention of investors and new citizens alike.

Due to huge increases in home values - reports of 52% as recently as 2004 - Las Vegas has been a real estate investor's dream. The heat was on to invest and flip properties for phenomenal profits. With all the investing an ensuing construction boom drove even more workers into the market.

Just like all gambles though the Las Vegas real estate boom started to cool off - and that may mean better offerings for you.

While many rushed into the market to make fast money the cost of real estate eventually topped out and the slow down of buyers stabilized the market. While still costing more than homes in some areas across the country, Las Vegas real estate listings still prove to be enticing for many who are selling higher priced properties in areas like California or New York and buying affordable homes in a desirable metropolitan area.

While it may be late in the game for investors, Las Vegas still holds attractions for the average home buyer.

Las Vegas is well known for its glitzy city life, mild weather and superior golf courses. However, it is not only a holiday spot or a weekend resort. While some families are making up a portion of the new citizens of Las Vegas the market is strongly moved by retirees who are making use of the low interest rates and reasonable costs to make a move.

What should you know before buying Las Vegas Real Estate? Here are some facts about the city according to the City of Las Vegas website (lasvegasnevada.gov):

? More than 5,000 people move into the Las Vegas valley on a monthly basis.

? In 2004, more than 37 million people visited Las Vegas. Compare this to 1970 when a mere 6.7 million people visited the city.

? A marriage license costs $55 in Nevada. Many couples choose to marry in Nevada because there is no blood test or waiting period.

? Median household income - $47,097

? Golf courses - 18

? Average minimum temperature - 56.3 F

? Average maximum temperature - 79.9 F

? Annual Sunshine - 294 days

With median incomes comparable or higher to the national average and housing costs still affordable it is not surprising that so many people are moving to Las Vegas.

Buyers are not only basing their decision to buy real estate strictly on availability of jobs. Now people are checking the markets for affordable housing and the shift in population may mean more jobs in that metropolitan area.

With so much to offer and a steady influx of new residents due to the cost of real estate in Las Vegas it is predicted that even with a cooling off of the current market the demand will remain steady for some time.

Shannon Emmanuel is a freelance researcher and writer. You can find out more about real estate investing at http://ask-real-estate-listings.com


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Wall Street Journal

Luxury Real Estate Runs Hot and Cold in Europe
Wall Street Journal
After a long, steep downturn, real estate in the French capital has finally got its joie de vivre back. The political landscape under President Emmanuel Macron, along with low interest rates, have helped reverse prices' downward trajectory. The average ...



Miami Herald

Some impacts of new tax law on local real estate are clear. Some aren't.
Miami Herald
Even though the sweeping tax reform bill was signed into law on Dec. 22, the massive document is so dense that even seasoned real estate professionals aren't entirely sure what it will mean for Miami. While some of the bill's real estate provisions are ...



Bangor Daily News

Miami real estate developer buys former Bangor Macy's
Bangor Daily News
A subsidiary of Lionheart Capital, a Miami-based real estate development and investment company, closed on its purchase of the former Macy's department store property at the Bangor Mall earlier this week. Ten-X, the online auctioneer that sold the ...
Florida Real Estate Company Purchases Former Macy's at Bangor MallWABI

all 2 news articles »


Press Herald

Southern Maine's real estate market still riding high, experts say ...
Press Herald
But headwinds from a stalled marijuana industry and an abundance of hotels in Portland could slow further growth, said presenters at the Maine Real Estate and Development Association forecasting conference Thursday. By J. Craig AndersonStaff Writer ...

and more »


The Mercury News

Transcript: Trump dossier initially focused on real estate
The Mercury News
WASHINGTON — Research that led to the creation of a dossier alleging a compromised relationship between President Donald Trump and the Kremlin focused in its early stages on his real estate projects, a history of his tax disputes and “opaque” business ...

and more »


Gecina: Parisian Real Estate Player To Have A Strong 2018
Seeking Alpha
The company has made some excellent strides recently, and shareholder value has been increasing. Recent efforts on specializing on Parisian real estate assets (shedding non-core assets), as well as a recent combination with Eurosic, makes Gecina a very ...



Forbes

3 Commercial Real Estate Trends To Watch In 2018 - Forbes
Forbes
Political and economic uncertainty has pervaded the past year, with the U.S. economy showing signs of growth amid low inflation and a distressed retail segment in 2017. Here's a look at three commercial real estate trends to watch in 2018.

and more »


It May Not Be Time To Fear Stocks Yet, But Perhaps Real Estate
Seeking Alpha
Euphoria seems to be taking over the stock market with frequent stories of new highs - but what is more important is how strong the stock market performance is relative to the bonds. Month-to-date through Jan. 18, 2018, the S&P 500 is outperforming the ...



Bitcoinist

Spain: First Real Estate Sale Using Only Bitcoin in Country
Bitcoinist
Mister Piso, a real estate company based in Spain, has sold the first piece of real estate using Bitcoin as legal tender. The company is hoping that a shift into cryptocurrency could accelerate sales and revitalize the housing sector. Bitcoin and ...

and more »


The Advocate

Stamford couple forms successful real estate team
The Advocate
STAMFORD — Barbara and Harry Webski make a good real estate team: she sells homes and he runs a construction business. And it doesn't hurt that they've been married for 43 years. “We've been doing this together a long time,” said Harry Webski ...

and more »

Google News

home | site map
© 2006 TIGER MEDIA