Las Vegas Real Estate Blog

The Bankrate.com weekly survey of lenders for the week ending September 28th, reports that mortgage rates fell. The 30-year fixed-rate mortgage fell 15 basis points to 6.29 percent. One year ago, the mortgage index was 5.97 percent; four weeks ago, it was 6.49 percent. The 15-year fixed-rate mortgage fell 16 basis points to 5.96 percent. The 5/1 adjustable-rate mortgage fell 12 basis points to 6.07 percent.

For more information contact MillionSaverHomes.com a local Las Vegas real estate broker at 702-212-3513.

Popularity: 23%

A joint report by the U.S. Census Bureau and Department of Housing and Urban Development found that sales of new homes rose 4.1% in August.  True, that’s still 17.4% lower than in August 2005, but the number is still up from July 2006.  With long-term interest rates declining last month, many experts believe that this may provide some much needed support for the battered housing interest in the coming months.

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

Popularity: 20%

If you are a buyer with an interest in Lennar’s Arroyo Canyon in the northwest valley, you better hurry because there are only seven homes left. Sales Manager Michael Campbell says there are several great incentive packages for buyers ready to close in October of November.

Buyers can choose from three designs, all of which are energy efficient. Interior highlights include two-tone color palettes, 42-inch cherry wood and maple cabinetry with crown molding, granite countertops, upgraded appliances, and prewiring for home theater, ceiling fans, security, intercom and designer lighting. Yards were designed to be low maintenance with plenty of room for a pool or spa in the backyard.

The two story homes range from 3,265 to 5,240 square feet, and are priced from the $500,000s. For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513

Popularity: 20%

A year ago home prices for existing homes were rising at an average of 15%. Yet, within the span of one year, that average has dropped to below zero. Those are the findings of the National Association of Realtors who place the August 2006 national median home price at $225,000, 1.7% lower than a year ago.

As the market adjusts, more and more sellers are accepting the reality that they may need to also adjust their home prices in order to sell their homes. Some regions appear to be doing better than others in making those adjustments. According to data from the NAR, it seems that sellers in the Northeast are being the most realistic. Sellers in the Western region, which is dominated by California, are being the least realistic.
The numbers by region:

• Northeast: Sales volume up 1.5%. Median price down 3.9%.
• Midwest: Sales volume up 0.6%. Median price down 1.1%
• South: Sales volume down 0.9%. Median price down 2.6%.
• West: Sales volume down 2.4%. Median price up 0.3%.

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

Popularity: 23%

Turnberry Place, a $650 million, condo complex by Turnberry Ltd. recently finished construction.  Located at the northwest corner of Paradise Road and Rivera Boulevard, the 778-unit condo complex sits on 15-acres and consists of four 40-story, residential buildings with a two-story, 65,000-square-foot clubhouse.

Prospective buyers can choose from ten floor plans ranging from 1,500 to 9,000 square feet.  Prices range from $530,000 to over $5 million and include such amenities as Italian marble jacquzzi whirlpool baths, granite-topped European kitchen cabinetry, and wrap- around glass balconies.

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

Popularity: 17%

How I Saved $544 In Only 10 Minutes Planning A Discount Las Vegas Vacation

I’ve just done an experiment and I just saved an amazing $544.00 in only ten minutes planning a discount Las Vegas vacation. It really shows how much money can be saved by spending time doing a few minutes research planning your holiday.

I went looking for the best Las Vegas hotel and air deal that I could find in under 10 minutes on the internet.

Here is a rundown of what I managed to do in under 10 minutes and how I saved $544.00.

I started off at one prominent Las Vegas website and got the following deal: Depart two adults San Antonio 30 September 2006, depart Las Vegas 6 October 2006; accommodation at Harrah’s hotel and flight included $776.50 per person - a total of $1553.00.

I then went to the Harrah’s website and it gave me accommodation for two adults for the same dates as above for a total of $1110.00, and that doesn’t include the flight price. That’s $550 per person just for accommodation at Harrah’s alone.

I then went to another website recommended in The 2006 Guide To Cheap Discount Vegas Vacations and it gave me a total cost for flight and Harrah’s accommodation of $593.50 per person (flight and accommodation included) for a total of $1187.00

I then went to another travel website and it gave me a total cost for flight and accommodation of $503.19 per person for a total cost of $1106.38.

If I had booked my vacation at the first website I went to I would have paid $544.00 more than I needed to pay.

In 10 minutes I managed to save an INCREDIBLE $544.00 ($272 per person) planning a Las Vegas vacation package.

All budget travellers can save that kind of money by using the same travel websites and travel search engines that I used to plan your Las Vegas vacation.

Are you planning a vacation in Vegas? A perfect vacation takes perfect timing.

It goes without saying that you will usually get a discount hotel rate in Las Vegas if you plan and book your vacation well in advance. However, planning a last-minute Vegas trip doesn’t mean that youMUST pay top prices. It is, in fact, very easy to find discount Las Vegas hotel rooms with a little pre-planning.

Another way you can maximize your Vegas vacation dollars is by taking a little time to research getting the cheapest flights to Las Vegas and special Las Vegas flight deals.

If you are prepared to put in a little effort you can find cheap deals. Thankfully the Internet makes that task very easy.

Before you even sit down in front of a computer and make a booking it is important to note the best times to visit Vegas.

November, December and January are known to be the quieter times to visit. Other times of the year when you will get the best prices are weekdays which are usually half weekend prices, two weeks before Christmas, in the middle of summer and August and December.

The easiest way to find out whether Vegas is “sold out” when you want to vacation there contact the Las Vegas Convention & Visitors Authority on 702-892-0711.

Decide how long you want to stay there for. Many hotels offer lower room rates the longer you stay.

Many of the downtown casinos and hotels are cheaper than accommodation on the Strip.

Look out for hotels offering a free night if you stay for three or more nights there.

Check to see if your planned trip coincides with any major conventions or popular events, etc, on at the same time. If a convention is on at the same time it could be impossible to find a room. Some conventions have attendees of more than 50,000.

As much as possible try and plan your Vegas trip well ahead to get the best rates. Most hotels have an incredible 90 percent occupancy rate with 63 percent of visitors booking at least two weeks in advance. As over 35 million people visit Vegas every year, you really have a lot of competition with other travellers if you are inflexible about precisely when your vacation in Vegas will be.

It’s not every day that anyone can earn $544.00 in 10 minutes so what are you waiting for?

$$$$$ Don’t go to Las Vegas vacation without visiting http://www.Cheap-Discount-Vegas-Vacations.com first. Learn how you can find a discount hotel rate in Las Vegas, Las Vegas flight deals and last minute flights to Vegas. $$$$$

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

Popularity: 24%

If you’ve been shopping for a home in the Las Vegas area, then you can probably find a pretty good bargain. Many new builders continue to up the ante by providing greater price incentives to motivate buyers as the home inventory levels continue to climb. A few of   the pricing incentives currently being offered, but subject to change, are Avellino-up to $40k discounts on options for allin phase 2 and 3

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

Popularity: 20%

The Pardee Homes‘ Highgate neighborhood in the northwest valley features an Americana traditions theme with its tree-lined boulevards and landscaped paseos and parks.  Interested homebuyers can choose from either one- and two-story homes on home sites that average 6,600 square feet. The Homes also boast other features such as courtyards, dens, kitchens and family rooms, with options for casitas, studios, lofts, workspaces, parlors and great rooms.  Prices also start from the low $400,000s.  For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513.

Popularity: 20%

Hacienda Park is the newest Pulte homes neighborhood in eastern Las Vegas Valley and now, if you buy and finance through Pulte Mortgage you can qualify for one of their Welcome Home Packages. The package includes a refrigerator, washer and dryer, window blinds, a contribution toward closing costs, and  $2,500 in furniture from RC Willey for buyers who purchase by September 30th.

The two-story, 3 bedroom, 2 1/2 bath homes range from 1,327 to 1,363 square feet and are priced from the $230,000s.   More information is available by calling MillionSaverHomes.com is local Las Vegas real estate broker at 702.212.3513.

Popularity: 19%

Looks like the Federal Reserve may be cutting consumers a break with their 10 to 1 decision to hold interest rates steady for a second straight month in a row.  Therefore, the key interest rate will remain at 5.25 percent and the prime interest rate of commercial banks’ will stay at 8.25 percent.

The Federal Reserves overall goal is for the economy to slow enough to reduce pressures from inflation, but not so much that it would risk falling into recession. The unknowns, at this point, are energy prices and the cooling in the housing market after a five-year boom. Analysts see the economy shifting from its robust growth stage to a more moderate activity with a 2.5 percent rate of growth predicted for the remainder of this year.

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

Popularity: 20%