By now almost everyone has heard how inexpensive property is in Las Vegas. The national media has beating the foreclosure drum to death. However, certain parts of town still command a hefty price tag. For those looking for a condo on the strip, prices have gone down...but are not at rock bottom.
That doesn't mean that you can't enjoy a high roller lifestyle on a more modest budget. There are quite a few communities located within walking distance to the strip that have fallen in price dramatically. They offer some of the same amenities found in strip properties, but cost far less. A good example would be the mid rise Meridian condos. Located on E Flamingo within walking distance of the strip and a monorail station, the community offers a host of resort style amenities you would expect in a higher end community including onsite dry cleaning, mail services, concierge services, two lighted tennis courts, pools, fitness center and underground secure parking.
If you have a little larger budget and prefer high rise living, Allure condos are a good choice. The Allure has brand new units that have fallen out of escrow now listed at 50% of original list price. The community has all of the upscale amenities you would expect and is located on Sahara Avenue, just a few hundred feet from the strip.
If you would like to have listings sent to you for either property, call 702-493-8033 or visit www.lvrealty.net and send us an email at info@lvrealty.net.-cr
We will be hosting a carnival of real estate on July 6th on our Las Vegas Real Estate Blog. We have decided on a specific theme as of yet (other than real estate related of course). The carnival will be accepting quality, original submissions between June 29 and July 5th. So if you wish to participate, stay tuned for further announcements.
Carnivals are a great way to increase your readership and interact with new people.-cr
I received this email from a friend and thought I'd pass it along:
You should be alert during the next days:
Do not open any message with an attached file called 'Invitation' regardless of who sent it, It is a virus that opens an Olympic Torch which 'burns' the whole hard disc C of your computer.
This virus will be received from someone who has your e-mail address in his/her contact list, that is why you should send this e-mail to all your contacts. It is better to receive this message 25 times than to receive the virus and open it.
If you receive a mail called 'invitation', though sent by a friend , do not open it and shut down your computer immediately. This is the worst virus announced by CNN, it has been classified by Microsoft as the most destructive virus ever.
This virus was discovered by McAfee yesterday, and there is no repair yet for this kind of virus. This virus simply destroys the Zero Sector of the Hard Disc, where the vital information is kept.
In others words, you are out of luck. As always, its wise to have a back up of your important information. A cheap and easy solution is a USB external hard drive. They are sold everywhere, and some come with a software suite that will back up everything for you. -cr
The Las Vegas area is experiencing what could be called a gold rush lately. With so many foreclosed homes on the market, prices have plummeted. Great news if you are a home buyer for sure, especially if you've never owned a home before. The low prices combined with the first time home buyer tax credit makes it a powerful draw, especially for retirees.
Prices for most of the retirement specific communities have been cut in half since 2006. There are several Henderson and Las Vegas retirement communities to choose from. You can use our interactive map to view different communities around the valley.
You can view the map legend on our site along with community profiles on every age restricted community in the Las Vegas valley, plus search listings online or receive them by email. Free feel to contact me directly at 702-493-8033 or at info@lvrealty dot net.
I just read a post here on Active Rain about getting more links to help boost your ranking on search engines. By a strange coincidence, a friend of mine has started a new mortgage resource site. Right now he is looking for authors in the mortgage (and real estate) industry to write some consumer oriented articles about the mortgage industry.
This is a great way to gain additional links back to your own personal site as well as traffic. You can see my author's link here. There is also a real estate and mortgage directory that is accepting (for now) free submissions. So if you are looking to expand your influence on the web, here is a great opportunity. -cr
By now, almost everyone should be familiar with the term phising. Yesterday I got a phising email about my paypal account. Thankfully, the thieves aren't that sophisticated at all as you can see:
Dear Pay pal valued member,
Due to concerns, for the safety and integrity of the pay pal account we have issued this warning message.
It has come to our attention that your account information needs to be updated due to inactive members, frauds and spoof reports.
If you could please take 5-10 minutes out of your online experience and renew your records you will not run into any future problems with the online service.
However, failure to update your records will result in account suspension
This notification expires on 48 hours.
Once you have updated your account records your pay pal account service will not be interrupted and will continue as normal.
Please follow the link below and login to your account and renew your account information www.web66-cmd-rlogin .com
Sincerely, Pay pal customer department!
So basically they are asking you to give them your paypal login information on a strange website...so they can log into Paypal and wipe out your account. Whenever you get these type of emails to "update" or "verify" your account, disregard them. Your bank or other institutions will never email you to update your account online. They will physically send you something or call you directly...if ever. -cr
There has been a lot of talk about the state of the economy and the real estate market in general over the last several months. Reports of home prices falling, interest rates going down and when will the market "hit bottom". Over the last several days I've been looking at homes across the valley for a friend of ours. One of the areas he was interested in was Green Valley.
We ended up looking at Anthem, specifically homes in Anthem Highlands. We looked at a home listed at $212,000 that originally sold for just under $400,000. That is a great example of what has happened to the market and what it means for home buyers. Areas that you could only have dreamed about are now affordable. That particular home just came on the market and already has an offer pending.
If you are thinking about buying a home and are waiting for the market to drop lower, you may be waiting in vain. Great deals are not staying on the market, but not every bank owned property is a great deal either! Feel free to call me at 702-493-8033 if you are thinking about buying a home in the Vegas valley. -cr
If you have been following the media coverage of the Las Vegas real estate market, you've may have noticed something strange....positive media coverage. That's right, the media has gotten off the gloom and doom train. For the second straight news cycle, print media as well as some television have been reporting positive news about the market. Two different studies by real estate tracking companies have been released in the last two weeks (one was in the Las Vegas Review Journal earlier this month, other at Forbes.com), stating that sales are up (the local REALTOR association can back that up with hard numbers) and prices are way, way down. Those are definite facts. I can't remember when you could buy a nice new two bedroom townhouse for under $60k. But its not just the entry level of the market seeing huge price drops. One of our clients is closing on a luxury home that listed for just under $1 million last year (and worth every penny). Full of custom features, built-ins, pool, park like landscaping and a huge lot, the property sold for just under $500 and its not a bank owned property. The falling prices are directly tied to the number of bank owned properties on the market. If you're looking for a new home, call us at 702-493-8033. Thanks for stopping by. -cr
If you have visited our website or follow this blog, you know that we are huge animal lovers and are very active in the animal rescue community in Las Vegas. I received an email alert about a contest being held by care2.com. They are giving away 25,000 to the top 29 shelters across the US and Canada with the most votes. So I'm asking for your support for my favorite rescue, Heaven Can Wait Sanctuary. Here is a short list why they deserve to win:
NO KILL
All breed rescue
Free mobile spay/neuter clinic targeting impoverished areas that can't afford vet care
Free pit bull spay/neuter clinic
Feral cat clinic - trapping and spay/neuter of the feral cat population
Pups on Parole program in both women's prisons in Southern Nevada. Inmates learn valuable skills while training foster dogs in basic obedience and house training, so they are more adoptable.
A new year is upon us and things are looking up, especially if you are planning on buying a home in Las Vegas this year and here is the why its a great time to buy in Las Vegas. Last year has been pretty rough on a lot of consumers and businesses as well. Many projects lost funding and were unable to find a new source, resulting in a lot of closures or abandonments of projects around town. One project did beat the odds, the Cosmopolitan. The lender had an affiliate buy up the property and the original contractor is working on its completion. Really its not surprising since the Cosmo is located on the strip next door to the massive CityCenter project.
Speaking of CityCenter, they officially started the hiring process to fill some 12,000 positions when the resort opens. The resort is due to open at the end of this year. -cr
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
There has been a lot of talk about the state of the economy and the real estate market in general over the last several months. Reports of home prices falling, interest rates going down and when will the market "hit bottom". Over the last several days I've been looking at homes across the valley for a friend of ours. One of the areas he was interested in was 
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