Archive for the ‘Economic News’ Category

Commercial Real Estate Bubble

September 19, 2009 Posted In Economic News Market Conditions Politics Real Estate News

Las Vegas Commercial Real Estate Bubble
You would have to be blind not to notice all of the Commercial Real Estate vacancies here in Las Vegas. Driving through town with every turn and on almost every block we see vacancies for offices, retail and specialty stores.
What amazes me is that there is still new construction [...]

Las Vegas Property Investments

August 14, 2009 Posted In Economic News Homes Update Las Vegas Foreclosures Market Conditions

Investors in Las Vegas Property Investments
For anyone looking to invest in Las Vegas now is certainly the time. Many investors from all over the nation and Canada are honing in on the “steals’ in real estate in the southern Nevada area. All around Las Vegas and many of the master planned communities in Summerlin, Rhodes [...]

Canadians Investing in Las Vegas Property

August 13, 2009 Posted In Economic News Market Conditions Real Estate News

Canadians Are Investing Heavily in Las Vegas Property
Today, more and more Canadians are investing in Las Vegas property whether for a second home or for investment property. At one time, Canadians looked for homes and investment property in the state of Arizona; however, with prices of homes drastically lower than ever in the Las Vegas, [...]

President Obama on Healthcare

July 23, 2009 Posted In Economic News Market Conditions Politics

Last night I listened intently to President Barack Obama on healthcare reform. For 55 minutes I heard only more bloviating and extended long drawn out answers that answered nothing. There were still no real details, solid costs or a plan on how to finance this proposed legislation. It was a waste of [...]

Record Las Vegas Homes Sales

July 15, 2009 Posted In Economic News General Market Conditions Real Estate News

Residential real estate sales hits all time record in June.
Record sales of single single-family Las Vegas homes, condominiums, and town homes were announced in June in Las Vegas. The record set back in June of 2004 was at 4,414, but now in 2009, the Greater Las Vegas Association of Realtors reported a new all time [...]

iJango

July 13, 2009 Posted In Economic News General Las Vegas Info

iJango Network
The anxiously awaited launch of iJango takes place here in Las Vegas, Nevada on August 1, 2009 at the recently opened Encore Hotel. This revolutionary business allows the general public to capitalize on Internet traffic.
iJango Launches in Las Vegas
At the official launch of iJango in Las Vegas, the infant Internet Portal will reveal a [...]

Its the Housing Sector Stupid

July 8, 2009 Posted In Economic News Politics Real Estate News

As predicted here on our Foreclosure Moratorium Lifted post back in April; we have seen an increase in foreclosures both here and nationwide. Now, nationally recognized websites such as the Chicago Tribune are predicting a surge in foreclosures in the coming months.
Many so-called industry experts are quick to point the [...]

House Passes Climate Bill

June 29, 2009 Posted In Economic News Real Estate News

House Narrowly Passes Cap and Trade Bill
Once again President Obama proves he has no real concern for the housing industry by supporting the energy climate bill despite the fact procedurally the bill should have never been voted on inasmuch as a copy of the bill was NOT in the well of the House. How is [...]

Stimulus Bill

February 16, 2009 Posted In Economic News

With the muscle of Senator Harry Reid and Speaker Nancy Pelosi, President Barrack Obama won a major political victory last Friday with the $787 Billion Dollar Stimulus Bill that he championed. Or did he? In both Houses only 3 Republican votes were cast for the legislation. While the Republicans held the line in the House [...]

Buy Now

January 25, 2009 Posted In Economic News Market Conditions

A lot of Las Vegas real estate Buyers have been sitting on the fence for months hoping prices would continue to drop. And have home prices dropped over this past year. Some areas in the Las Vegas Valley have seen up to a 30% price reduction on Las Vegas Homes in just this past year. [...]

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Henderson, NV 89014