Higher Taxes are enevitable.  The bailouts that are coming are Not going to be free. It did'nt matter who was chosen president, the Obama administration is inheriting a sleuth of problems from the current administration. With that being said, in the future I see out-of-state companies relocating and incorporating in Las Vegas just for tax reasons alone. With this expansion, I see great potential for job hunters and businesses alike.

With Las Vegas diversifying from gambling, here are a few examples of companies that have expanded their business to the las vegas area: Ocean Spray has set up a beverage plant, Pepsi cola just opened a multi-million dollar plant close to the 215/rainbow. Online Shoe company Zappos has set up shop here. Some other notable future projects such as the 100 Million dollar Fine Art Center and the Jewelry Mart are currently underway and the future of Renewable energy will shape the future of the state and possibly the rest of the world!  Also, If you currently live in Las Vegas, one cannot help but be excited about the Project City Center that is due to open in 2009. Las Vegas quietly is evolving into The Convention Showcase To The World and in the next 3 years officials believe an estimated 42,200 jobs will be created by the Palazzo, Encore, Fountain Bleu, City Center, Cosmopolitan, Etchelon Place and other projects that are being built.

Because of the future job growth, here are as many as *5,000 to 6,000 new residents moving to Las Vegas every month *per Nevada DMV I am very bullish on the upcoming boom.

If you are planning on relocating to Las Vegas, please feel free to contact me, Steven Harless - Realty World Luxury Homes at (702) 217-1680 and I will be glad to assist you with your relocation plans.

*All comments above are the personal opinion of Las Vegas real estate agent Steve Harless

 
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5 Comments on Why There Could Be A Housing Boom In Las Vegas In The Near Future

NOV
13
2008
231,020 Points 27 Featured Posts Localism Sponsor Outside Blog Hit Router

Wow !  Well said - that certainly is a foundation for the next leg turn up.  I would imagine investors will start to flock to Vegas to purchase properties.  Have you seen that yet ?  Or signs of that ?  That will certainly stablize the market in the short term and be the catalyst for the turn around.

9:26am • #1
141,029 Points 1 Featured Post Outside Blog

I am seeing multiple offers on properties and the days of lowballing properties are almost over. The banks have the prices current right and people are excited about getting a deal on a great home in las vegas as before they could'nt get the best deal! I am excited about the future- thanks for coming by chris & Stephanie

9:41am • #2

All positive signs.  Is water still an issue in Vegas?

8:16pm • #4
141,029 Points 1 Featured Post Outside Blog

Fred: thanks for dropping by, to answer your question(s) about the water supply in Las Vegas click here

8:22pm • #5
NOV
16
2008

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Steve Harless "Your Las Vegas Real Estate Connection"

Las Vegas, NV

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RE/MAX EXTREME - 702.217.1680

Address: 107 E. Warm Springs , Las Vegas, NV, 89119

Office Phone: (702) 518-6269

Cell Phone: (702) 217-1680

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