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Archive for November, 2005

New home incentives - Centex Homes

Saturday, November 19th, 2005

Encantada
Phase 17, up to $16,500 in incentives
Phase 17, Lot 81 up to $20,000 in incentives
Phase 18, up to $6,000 in incentives
Phase 18, Lot 85 and Lot 87 up to $20,000 in incentives
All incentives are contingent upon using CTX Mortgage.
For great deals on Las Vegas New Homes

or call MillionSaverHomes.com is local Las Vegas real estate broker at 702.212.3513.

Popularity: 13%

Grand opening - Centex Homes

Saturday, November 19th, 2005

Ardiente, an active adult community for people age 55 or better, now has 8 beautiful models available for viewing. Recreational amenities include a clubhouse with two pools on an expansive landscape, as well as the privacy of a grand, guard-gated entry. From the 6 themed parks throughout the community, to the sparking pools and exercise area, your clients’ every need will be catered to. For more information about Las Vegas Real Estate call MillionSaverHomes.com who is local Las Vegas real estate broker at 702.212.3513.

Popularity: 12%

Boca Raton Condominium will spice up the Southern Las Vegas Strip.

Friday, November 18th, 2005

Another new Las Vegas luxury condominium project is under way in the somewhat vacant area of Southern Las Vegas Boulevard. The Boca Raton, developed by Palm Beach Resort Condominiums LLC, will be located near the new South Coast Casino. The project will hold 756-units and cover 15 acres on the corner of Las Vegas Boulevard South and Serene Avenue. 

The $400 million will consist of four seven-story towers and are planning on opening in late November 2006. Each unit will be between 600 and 2,300 square feet in size and will cost anywhere between the mid-$300s to $1 million. Some of the amenities include underground parking structures, two swimming pools, a fitness center, a 10,000-square-foot club house, sauna/steam rooms, a private screening room and a business center.

For more info, click here.
Or For more information, contact MillionSaverHomes.com is local Las Vegas real estate broker at 702.212.3513.

Popularity: 10%

Las Vegas Has Hottest Job Market

Friday, November 18th, 2005

KLASTV News recently reported that Las Vegas has the hottest job market in the country. While casinos and the service industry still generate the most popular jobs, construction and real estate are also topping the list of hot job markets. Additionally, the unemployment rate dropped from 4.6% last June to 4.1% this June. The president of the Las Vegas Chamber of Commerce was quoted as saying, “we have 6,000 residents moving in every month, but we still keep an unemployment rate of around 4-percent. That is remarkable.” However, there is a note of caution from Las Vegas Mayor Oscar Goodman who indicated that there may not be an adequate work force to keep up with the growth that Las Vegas continues to experience.

Brought to you by MillionSaverHomes.com who is local Las Vegas real estate broker at 702.212.3513.

Popularity: 12%

66 Acre Development To Be Built On The Strip

Thursday, November 17th, 2005

The Las Vegas Strip is about to see one of the largest developments in the United States. Project Citycenter, as it is called now, will be a 66-acre development located on the famed Las Vegas Strip between the Monte Carlo and the Bellagio casinos. The first section of the development will be an 18 million square foot area consisting of a 4,000-room hotel and casino, 1,650 luxury condominiums, and over 55,000 square feet of retail space.
The project is estimating an open date sometime around 2010 and will create close to 12,000 permanent employment positions. This unique living opportunity will have every possible amenity such as restaurants, shopping, grocery stores, fitness complex’s, and much, much more.
For more information, click here.
or For more information, contact MillionSaverHomes.com is local Las Vegas real estate broker at 702.212.3513.

Popularity: 12%

Nevada Remains at Top of Home Appreciation List

Thursday, November 17th, 2005

In September, the Office of Federal Housing Enterprise Oversight announced that U.S. home prices increased 13.4% in the second quarter compared with the same quarter a year ago. The national increase marked the largest seen in more than 25 years. Nevada’s appreciation rates showed a 28.1% increase.

Until last year, quarterly home appreciation rates in Las Vegas had been trending between 40-50%. According to Home Builders Research, the median price of a new home reached a record $317,909 in July and the median sale price was $280,000.

Among all states, Nevada continues to have the highest appreciation, followed by Arizona (27.8 percent), Hawaii (25.9 percent) and California (25.2 percent).

For more information, contact MillionSaverHomes.com who is local Las Vegas real estate broker at 702.212.3513

Popularity: 11%

Toll Brothers closeout - New homes for sale

Thursday, November 17th, 2005


TOLL BROTHERS AT SERRANO

One home left!
Don’t miss this chance
to live in the exclusive gated community
of Serrano near Red Rock Mountains!

Cellini Spanish Colonial
4190 Square feet
Just under 12,000 sq. ft. lot size
Immediate Occupancy

4 bed + 3.5 Baths + Den + Exercise Room + Reading Loft
Granite Countertops + Stainless Steel Appliances
Wrought Iron Stair Rail with Maple Finish
Wet Bar + Upgraded Maple Cabinets

Price: $1,184,824
For more information about Las Vegas Real Estate call MillionSaverHomes.com at 702-212-3512 or visit our Las Vegas Homes website.

Popularity: 15%

Nevada Makes the List as a Mortgage Fraud Hotspot

Wednesday, November 16th, 2005

According to the FBI, mortgage fraud is on the increase and Nevada has made the list as one of the “top 10 mortgage fraud hotpots�. To date, the FBI has received over 21,944 reports of suspicious activity in the real estate industry; and is currently investigating 721 pending cases of real estate fraud. The result of having so many bad loans is being felt in both the commercial and residential real estate arenas.

For commercial lenders, it is an $8 trillion concern. Mortgage backed securities are outstanding and are held by a wide range of investors. Even the Federal Reserve uses mortgage back securities as collateral when dealing with banks. Maintaining the integrity of this market is of great concern to lenders.

For consumers, an increase in bad loans can increase their borrowing costs. If the risk increases, investors will demand a higher yield from mortgage-backed securities. The banks in turn will pass these costs on to the consumer in the form of higher mortgage rates.

Additionally, some instances of fraud result in artificially inflated property values that can cause neighborhood property values and real estate taxes to skyrocket. This results when property information is entered into the Multiple Listing System (MLS) and used by reputable agents and appraisers to prepare comparable sales reports in assessing market value.

Las Vegas Real Estate information brought to you by MillionSaverHomes.com.

Popularity: 11%

Las Vegas Crime Rate Continues to Drop

Tuesday, November 15th, 2005

Looks like Las Vegas residents are heading down a safer path. Data supplied to, and analyzed by, the FBI showed that the overall crime rate for the city of Las Vegas decreased by 14% for the period 2002 – 2004. The largest decrease was in the area of violent crimes (murder, rape, robbery, and aggravated assault). These crimes were down 31%. Property crimes were also down 10% overall, with burglary down 16%, and larceny down 18%. However, vehicle theft was up 11%.

The Las Vegas City Manager and Police Department are pointing to the Police Department’s new approach in dealing with crime. An approach which believes in a community-based partnership focus to policing, that involves all facets of government services and community organizations, designed to result in lower crime, safer neighborhoods, and an improved quality of life.

Thinking about calling Las Vegas home? Then, Millionsaver Homes is the place to start your search for the perfect home. Simply click here for more information.

Popularity: 14%

International Real Estate Expo

Tuesday, November 15th, 2005
A one-of-a-kind event is happening at the Wynn Casino and Resort on November 19th and 20th. Real Estate Expo Inc., will bring over 3,000 consumers and real estate industry insiders for the only global consumer residential real estate show in the United States. This two-day event is open to the public for a $30 entrance fee for homebuyers and investors, real estate developers, and home design companies.
With the boom in the Las Vegas High-rise Condo market, several Las Vegas condominium projects including The Curve, Icon Las Vegas, Allure, Boca Raton Condos and Sky Las Vegas, will have representatives present at the expo. Some other groups in attendance include The International Council of Realtors, Realtor Association of Nevada, Greater Las Vegas Association of Realtors, Realtor Association of Greater Miami & The Beaches, and FIABCI. For more information on Las Vegas Real Estate click here.
Or For more information, contact MillionSaverHomes.com who is local Las Vegas real estate broker at 702.212.3513

Popularity: 12%