In multiple areas nationwide the residential real estate market remains soft and offers home buyers splendid opportunities. Prices are coming down and many sellers are at last realizing that the marketplace determines the listing price and not them. They are now more willing to negotiate rather t
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01/30/2008
2007 was one of those years in Las Vegas residential real estate that many will remember for a long time. The glut of homes on the market, new and resales alike, from single-family houses and townhomes to condominiums, put tremendous pressure on prices. On top of that the mortgage industry ran in
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01/25/2008
Southern Nevada Home Builders Association, or SNHBA, is becoming very active in embracing the green housing concept. It has combined efforts with the Green Building Initiative to draw up guidelines for the Southern Nevada Green Building Partnership, an entity that sets standards for water manage
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01/23/2008
This week has really been up and down in the Las Vegas condominium market. Earlier Sinifox Financial reported how well the MGM Mirage's CityCenter condos were accepted by the luxury home buyer. A few days later the news turned sour as an item surfaced about a downtown condominium project called N
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01/19/2008
The frustrating mortgage lending environment and soft residential real estate market in Las Vegas is testing the resolve of many condo developers. Several projects in the past few years have been cancelled or put on hold. Some that are presently under construction are struggling to attract buyers
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01/18/2008
MGM Mirage's CityCenter is a massive entertainment and residential enterprise located right on the Las Vegas Strip south of Bellagio. Construction is moving forward on schedule and the project is estimated to open its doors in November of 2009.The development will have a total of 2,650 luxury con
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01/18/2008
The newest jewel to the Las Vegas Sands Corp.'s resort portfolio is ready for the grand opening this weekend, scheduled from Thursday through Sunday. A host of special events are on tap and one of them is a concert where Motown megastar Diana Ross and three-time Grammy winner Seal will perform. T
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01/16/2008
Union Park is a large tract of land, 61 acres in all, southwest of downtown and for years the City of Las Vegas has identified it as one of the priorities for development. Progress has been agonizingly slow, though, for a number of reasons, one of them being the current woes in the mortgage indus
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01/15/2008
Famous corporate raider Carl Icahn is one step closer to selling a company under his control, the American Casino & Entertainment Properties, as the Nevada Gaming Control Board recommends the transaction for approval. The buyer is Whitehall Street Real Estate Funds, an affiliate of the Wall Stre
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01/14/2008
Transcontinental Corp. began developing the 3,592-acre Lake Las Vegas site near Henderson in 1990 and was building upscale houses, condominiums and townhouses along the slopes of the man-made lake. Besides homes, the project also includes three luxury resorts, the MonteLago Casino and an Italian
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01/12/2008
