Las Vegas Real Estate Information for Home Buyers, Home Sellers, and Investors: Real Estate News - Market and Sales Activity - Community Profiles - Agent Profile
The Lakes Homes and Real Estate
Residents enjoy volleyball, tennis, and other recreational activities. The lake is available to fish and boat. Gorgeous ponds and falls lining much of the waterfront provide habitat for water foul and other water life. The community is truly a unique setting. Many walk and jog the parks and cycle nearby pathways. Mature landscaping and trees give the area a fresh retreat from the standard city living...learn more about The Lakes community in Las Vegas...
Anthem Homes and Real Estate
On the South end of Las Vegas, East of the I-15 is the community of Anthem. It was originally developed by the Del Webb Corporation. It consists of more than 4,750 acres at the foothills of the Black Mountain Range in Henderson. It is a quiet community with great views of Las Vegas and the surrounding mountains.
Good health is the foundation of a great lifestyle. The various Anthem developments have communities designed for opportunities for residents to enjoy optimum living. Well designed neighborhoods and homes built by quality home builders promote comfort and accessibility.
Anthem invites residents with its breath-taking landscape and waterfalls...learn more about Anthem real estate...
Las Vegas as a Community
Average Home Size to Shrink in Future
The blog post claimed, "Although the size of the average home has been on the rise, to 2,495 last year from 1,500 square feet in 1973, consumers are beginning to choosse higher quality living spaces over additional square footage, according to Ahluwalia, who spoke at the recent International Builders Show in Orlando, Fla."
I can see where home affordability is strained by increasing fuel costs. Residents, whether owners or renters, feel those burdens and if trends remain on pace I can see the trend to downsize.
An aging population will also tend to downsize. They like less stairs and need fewer rooms usually.
The whole idea provokes thought for those of us who want a large house. Will it be as sellable in five years or a decade as it is today? Many people on the five year plan may factor that into the decision as they look to buy this up and coming house. The best appreciation of the future will be for houses where demand will remain consistent or increase. Personally, I am on the five year plan and will be looking for a house that will build value as much as possible.
Using Solar Power to Run a Home
Currently, a resident would have to remain in a home for quite some time to recouperate the costs. I imagine that in some future the costs will decrease and power companies will be paying us for pushing power back into their grid. I look forward to that day.
The Price of Power Plants for the Future
Nevada Power has announced an increase in power costs on account of new power plants designed to make generating power more efficient. These facilities are said to be more efficient than others in the region and provide substantial benefits to customers.
"Is another increase in your power rates on the horizon? A two percent increase is already on the boards for June, but on Monday Nevada Power was before the Public Utilities Commission asking for another 7.4 percent.
"These power plants are highly efficient...In other words, they burn fuel more efficiently than existing power plants either in our system or in the region..."
Sierra Pacific resources claims benefits come from more efficient plants. I am curious as to why more efficient plants cause benefits including raised rates. More efficient would suggest lower costs to create the power leading to lower rates to consumers. It seems the benefits may be in the fact we have cutting edge power generation technology and that will cause lower rate hikes in the future as inflation naturally drives up prices. For now, southern Nevada home owners be prepared for a potential increase.
- Make sure your thermostat is level and set between 78 and 80 degrees. It will save you as much as 10% on your bill.
- Cover windows and keep drapes closed during the day.
- Use fans with the air conditioner to help circulate the cool air.
- Get all of your chores done during cooler times of the day.
As a side note, fuel prices seem to rise all around us. Gasoline prices have shot up nationally. Las Vegas gasoline is currently at around $2.83 per gallon.
Boulder City Homes, Real Estate, and Property
Boulder City real estate offers amazing access to stunning features of Southern Nevada. It is a quiet community tucked just over the mountains southeast of Las Vegas. It is a short drive from Lake Mead and the Hoover Dam to the east and from the Las Vegas Strip to the northwest.
Several mountain ranges (McCullough Range, Black Hills, River Mountains, Eldorado Mountains) surround the communities couched at the northern tip of the Eldorado Valley. Great views and outdoor activities are a short drive away.
Boulder City homes may be difficult to purchase. The city has imposed narrow growth regulations. Its residents enjoy strong housing values and controlled building...more on Boulder City...
Resale Sales Up; New Home Sales Down
Two nationwide reports were recently released with very interesting information. One said that new home sales were off for the second month in a row while the other claimed that resale home sales were up in February.
According to MSNBC, resale homes "rose in February by the largest amount in nearly three years."
"The National Association of Realtors reported Friday that sales of existing homes rose by 3.9 percent last month, pushed higher by a sharp increase in sales activity in the Northeast. It was the biggest increase since a similar increase in March 2004.
The increase pushed sales up to a seasonally adjusted annual rate of 6.69 million units, still 3.6 percent lower than a year ago. Sales fell by 8.5 percent for all of last year as housing hit a sharp slowdown after setting sales records for five straight years."
In many areas, including Las Vegas, resale inventories have continued to rise to record numbers. An increase in resale activity is welcome after months of slowdown.
On the other hand, new home sales are reported to be down for a second month. MSNBC writes, "Sales of new homes fell sharply for a second consecutive month in February...
"The Commerce Department reported Monday that sales of new single-family homes fell by 3.9 percent last month to a seasonally adjusted annual rate of 848,000, the slowest sales pace in nearly seven years. All regions of the country except the West experienced weakness last month.
The February decline followed an even larger 15.8 percent drop in sales in January, which had been the largest one-month plunge in 13 years. The back-to-back declines provided evidence that the housing market is continuing to struggle with lagging demand and a glut of unsold homes."
New homes sales are off which is what we have been told by several previous reports. Builders expect a flat year for 2007. That should signal to buyers and investors to keep their eyes out for great deals. It's often a good idea to buy when everyone else is selling.
Las Vegas Flight Patterns
Mayor Goodman among others oppose the change in flight patterns considerably. Some have created web sites to combat the changes.
Time will tell if any real affects will occur due to the changes. If history is any indicator changes are likely to occur in the future.
Mountains Edge Homes and Real Estate
Many builders are involved in the master planned community. Over 500 acres have been dedicated to parks, trails, and open space. The "signature feature" of Mountains Edge is Exploration Peak, which is located at the community's entrance and Exploration Park located at the mountain's base. The lush desert landscaping provides a stong visual impact as it conserves the desert's most important resource: water...read more about Mountain's Edge and other communities...
Henderson Homes, Real Estate, and Property
Amenities surround all parts of the Henderson area. From great views to easy access to The Strip and Lake Mead Henderson home owners can participate in just about any activity Vegas has to offer within a short drive.
The Green Valley community is located in the Henderson area on the southeast of Las Vegas. It is more than 8,000 acres of master- planned neighborhoods. Along with other communities located in Henderson, it has golf facilities, trails, and many other great amenities.
Housing values have increased in Henderson similar to those of Las Vegas real estate. Properties have been in great demand as home buyers seek out the popular homes and neighborhoods.
If you would like to see if Henderson is right for you contact an agent to give you a tour or provide more information on values, appreciation, and availability.
Rhodes Ranch Homes and Real Estate
Real estate in several neighborhoods with a variety of home styles, some of which are custom built, are available to residents. Waterfalls, tropical palms, and golf greens contrast the natural desert landscape. In addition to the fabulous amenities the development is guard gated providing another level of comfort. It truly seems an oasis in the desert...learn more about Rhodes Ranch...
Aliante Homes and Real Estate
Las Vegas Luxury Living Communities
Large, well-designed homes offer many rooms with many functions. Master suites are complete with designer bathrooms, closets, and entertainment areas. Exquisite flooring, lighting, technology, and design set many of these homes apart as unique residences. Some homes feature large waterfalls, entertainment rooms, exercise facilities, large garages and work spaces, formal dining and living areas, huge backyards with swimming pools and wet bars, pristine landscaping, substantial acreage, wine cellars and rooms, technology rooms, movie theaters, streams, indoor pools, putting greens...please continue - Luxury Las Vegas Living...
West Nile in Las Vegas
Las Vegas City Descriptions
Las Vegas cities typically have a similar feel and culture. However, there are differences in each that provide residents with choices according to their housing and community preferences. Each city has its communities away from The Strip and each has communities with relatively quick access to The Strip. Each city has amenities like parks, golf courses, shopping centers, business parks, schools, and recreational facilities to enhance your standard of living.
Some of the community laws differ from city to city. Some deal with gaming differently than Las Vegas proper. Each has its own governing body and it is important to look into each as you prepare to move to the valley.
Real estate in Las Vegas cities has increased in value a great deal in recent years. Appreciation amounts in these cities have varied and future growth and appreciation will be affected by city planning and current trends. Contact a real estate agent to find out more about the cities in the Las Vegas valley and surrounding area.
The Las Vegas Strip
In the early 1930s the first casino was licensed. Today, gaming revenue exceeds $9 billion annually for more than 1700 licensed places to gamble. Some 87% of all visitors will gamble during their stay.
The McCarran airport is located just off of the south end of The Strip. It handles an average 850 flights per day to transport 2.4 million visitors per month.
The Las Vegas Strip is known for its excitement, glamour, lights, shows...more about The Las Vegas Strip...
Las Vegas Stardust Casino Imploded
Traditionally, casinos have aged and become unneeded leaving the valuable Las Vegas real estate for larger, more modern projects. Boyd Gaming's $4.4 billion megaresort complex, Echelon will replace it with some 5000 hotel rooms among other uses.
Las Vegas: always something bigger and better!
Major Las Vegas Streets and Roadways
View a list of many of the Las Vegas roadways you will hear about when you move to the valley.
Man Saws House in Two
I found this new article to be hilarious! In a divorce a man measured his house, pulls out the chainsaw and goes to work. He cut it in two and hauled off his portion.
http://www.msnbc.msn.com/id/17545638/
The tag line fits suitably: "We can only hope there are no kids or pets".
Oddly enough I'm sure we can think of other situations where this might apply when things go south. I guess it's the "cut your losses" mentality.
Central Las Vegas Communities
Central Las Vegas Communities are at the core of the Las Vegas valley. Many of the homes and estates carry a great deal of Las Vegas History. Communities at the center of town tend to be more well established. Yards tend to be larger and the houses themselves tend to be more unique. Some have siding, brick, rock and varied types of roofing whereas contemporary houses are primarily stucco and tile.
Home buyers can find central Las Vegas real estate in many price ranges with many styles and sizes. Single family, condo/town house, apartment residences are commonly available for sale.
Some Las Vegas housing is located near casinos and hotels as well as business parks and shopping centers. Some communities are more tucked away and exclusive...read more on central Las Vegas communities...
South West Las Vegas Communities
South West Las Vegas Communities are part of a strong developmental movement of new homes. For decades the area has been barren desert with an occasional home. Now, it is a thriving location for Las Vegas residents looking for a comfortable way of life. Communities like Rhodes Ranch and the expansive Mountains Edge master planned community offer home buyers a great variety of housing options. Styles, prices, and amenities vary considerably from community to community.
Hundreds of new homes are popping up in skillfully crafted neighborhoods. Trees and vegetation are imported turning the desert into an oasis. Some of the larger communities surround golf courses and some have access to community swimming pools and other recreational facilities...continue south west Las Vegas communities article...
West Las Vegas Communities
The west side of the Las Vegas valley boasts some of the best views. Panoramic vistas of the Strip to the east and Redrock and surrounding mountains are breathtaking from many homes. Building requirements by some of the associations preserve these views because they require building size restrictions. When the Redrock Casino was recently built the developers were instructed to keep it to a minimal number of stories an color it according to the association's approved pallets so the maximum number of great views of the valley could be preserved.
Read more about West Las Vegas...
National Housing for 2007 looks Bleak - Buyers listening?
The silver lining then? Buyers should be eating this information up. What a great time to buy a home and take advantage of the great opportunity to negotiate a great price and get great incentives.
Real estate agents come across as heros when helping a client purchase a house at a discount from previous years knowing that a year from now builders see a light at the end of the tunnel.
South Las Vegas Communities
The I-15 dissects South Las Vegas as it leaves town toward California. Some residents who have family in California and enjoy the Las Vegas lifestyle live on the south end to cut down on travel time when making out of town visits. Casinos, hotels, and storefronts are popping up all along the I-15 in lieu of the popularity of the area as travelers come and go.
Huge master-planned communities have been built over the past couple of decades. Las Vegas master-planned communities are developments that are coordinated with city planners well before any construction takes place...continue reading about South Las Vegas Communities...
South East Las Vegas Communities
South East Las Vegas Communities are known for their great access to many of the city's well-known amenities. Residents are typically a few miles from the strip. They are the closest of any to Lake Mead. They have quick access to the McCarran Airport. Many business centers are located on that end of the valley as well as station casinos.
The South East Las Vegas area is comprised of the southeastern corner of Las Vegas, Henderson, and Green Valley. We include Boulder City even though it is over the hill from the valley. Many of the homes in these areas are newer...continue to read about South East Las Vegas...
Las Vegas Market Watch (2007 February Month End)
The Las Vegas real estate market remains resilient even after so much talk of a national market slowdown. Buyers continue to move to the valley and sellers are selling their homes. Prices are steady and new home builders are calm.
Las Vegas Listings
After dropping several hundred listings (view chart) in the months of November and December sellers have begun to list more homes as expected in January and February. Only in this first week of March have the listings leveled off since the first of the year.
Las Vegas Market Strength
The average days on market for homes has increased. Compared with a leveled out median home price the market appears soft. Compared to many areas of the united states, however, Las Vegas' market has not decreased below normal national levels.
Las Vegas Resale Homes Sold
January and February of this year have shown a decrease in the number of resale homes traditional with the selling season. The winter months of the year normally prove to sell fewer homes and this year even fewer homes have sold compared to recent years. However, compared to normal years previous to the boom, homes sold is at a fairly normal pace.
Las Vegas Median Prices
Homes, including single family, condos, and town houses, have remained very stable throughout the year of 2006 and remain leveled off at around $290,000-295,000 for the median home. Removing condos and townhomes shows the same trend at around $320,000.
Las Vegas Real Estate Market Watch Conclusion
Las Vegas is resilient. Great jobs, entertainment, and business keep the market strong. People continue to come to the valley to live and that trend is expected to continue for many years. Now is the time to buy. The market is not going to decrease much further if any at all so the only direction is up.
Author: Las Vegas real estate agent: Darren Hildreth, Realtor®Also Posted On: http://lasvegasrealestatenews.blogspot.com/
East Las Vegas Communities
East Las Vegas Communities are some of the most well established neighborhoods in the valley. The mountains on the eastern rim of the city overlook the strip and many of the residential areas. These areas boast a great deal of the cities history. Amazing spreads sit on hill sides and unique properties dot the landscape.
Some of the best views of the strip and the valley are found on the East side of town. The mountains are closer to the lights of the casinos and businesses than any others and those mountains are steeper creating a bleacher view instead of the steadily climbing theater view of the west and south. The LDS temple is perched on one of the highest streets on the east. At that level residents in the east share a spectacular Las Vegas view...more on East Las Vegas...
North East Las Vegas Communities
The area is near Nellis Air Force Base so military personnel will often set up stakes close by. Many jobs of industry are also located there so people find the housing that fits their needs and wants. People of many walks of life will build or buy homes in north east Las Vegas.
North east Las Vegas is a little distance from the strip. A drive of a few miles down the I-15 or surface streets puts a northeastern resident on the strip yet it is far enough away to avoid all of the excitement if desired. Some of the neighborhoods are older, well established, and mature while others are brand new and still growing. Open lots are available for investors or custom home builders. Land has is at premium so investors have done well and will continue to do well with wise investing in the area...read more about North East Las Vegas...
North West Las Vegas Communities
Communities like Iron Mountain Ranch or El Capitan Ranch offer very comfortable living. In fact, residents enjoy just about every style and price range of housing found in the valley. From starter homes to elaborate custom homes people can find what they want. The north west is one area where a lot of custom building is still happening. Huge homes spread over considerable acreage have been around for years as neighboring homes are being built. Many homes in Las Vegas look alike in style and feel but certain parts of the north west display new unique homes. Some of the communities are designed in conformity for those who enjoy the traditional neighborhood feel. Some of the newest communities developed in the valley can be found as ground is broken daily.
Many people decide to live in north west Las Vegas because...read more about North West Las Vegas Communities...