Archive for the ‘Economic News’ Category
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 [...]
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, [...]
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 [...]
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 my time. By [...]
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 [...]
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 [...]
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 finger at the Bush [...]
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 [...]
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 [...]
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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