las vegas economy: About Las Vegas - 02/17/10 09:18 AM
 
Las Vegas is the largest city in Nevada. It is said to the world’s “entertainment capital” and also known as “sin city”. Gigantic casinos hotels designed with magnificent styles and a world class touch to have a lavish and sensational environment. Every casino often have themes and names that suggests mystery and romance.
The city of Las Vegas is a recent arrival compared to other cities in the West Coast. It was established in 1905. Before the city's renovation and facelift, Las Vegas was merely a settlement located in the heart of the desert. There had been essential events that happened in the … (0 comments)

las vegas economy: Prices have come down at MGM Grand Las Vegas!! - 08/09/08 03:40 AM
 
                                     MGM Grand Las Vegas
Now is the time to buy...a great opportunity for you to get into a wondeful high rise
Prices have come down dramatically!!
5 studios under $300,000...many under $375,000...
some one bedroom units under $500,000.
Theree are 173 units from which to choose from- studios and one bedroom units.
I even have some that can be combined to make a larger unit.
use it as a vacation home and also place it into the rental program.
I will always work hard for you..call me with any questions...
Michael Shankman
Liberty Realty    702-498-3383
www.lasvegashighriseagent.com
mshankman@hotmail.com
 

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las vegas economy: Come enjoy Trump Tower Vegas!! - 08/09/08 03:30 AM
 
        TRUMP TOWER VEGAS
Enjoy all the action right by the Las Vegas strip...shopping, hotels, fine dining...
There are 26 resales on the market..
I also have many units where the original buyers haven't closed yet...awesome deals available.
I also can help you with all the other wonderful high rise buildings.
call me anytime..I will always work hard for you...just ask my past clients!!
Michael Shankmam
Liberty Realty   702-498-3383
www.lasvegashighriseagent.com


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las vegas economy: The truth about Las Vegas Bank Owned properties!! - 08/03/08 06:18 AM
I always tell my buyers I will try to get them a good deal. However, it is getting difficult with the bank repos that are coming on the market here in Las Vegas. New bank repos show up on the MLS every day. The banks are pricing them low to sell quickly. I am finding that the good ones are getting multiple offers. The days of lowballing is over. I tell my buyers that if you If you expect to get the house you like, you will probably have to raise your offer. The agent for the listing will send out … (1 comments)

las vegas economy: The new housing bill and your benefits - 07/25/08 02:09 AM
           Now is the time to start considering a purchase here in Las Vegas.
Banks are putting more homes on the market every day.
These homes are priced way below market value and are selling quickly.
Don't miss out on this once in a lifetime buying opportunity.
I was reading an article in the NY Times today discussing the new housing bill that was passed. There are some great benefits to the first time buyer.
Here is the article  Your Money:  Housing Bill Has Something for Nearly Everyone
For all your Las Vegas real estate needs,
Michael Shankman
Liberty Realty   … (0 comments)

las vegas economy: My visit to the MGM Grand Las Vegas..a wonderful condohotel!! - 07/09/08 08:37 AM
I went this morning to view this one bedroom unit and to take pictures for my clients. I was really impressed. The unit is fantastic with such wonderful ammenities,,,kitchen with full size appliances, living room with queen size sofa bed, plasma tv, plenty of cabinet space, 2 bathrooms-one master bath and one with a shower,sink, toilet. The bedroom is great with a writing desk area, 2 closets. the master bath has a separate jacuzzi tub and shower, double vanities, 2 lock out closets-for your own use-you can keep your personal items there when the unit is rented out and a washer … (1 comments)

las vegas economy: It is a buyer's market in Las Vegas!!! - 07/08/08 03:16 AM
It is a buyer's market in Las Vegas!!
If you are an investor looking for cash flow, you should be thinking about buying real estate here in Las Vegas. There are such fantastic homes out there, priced under $225,000. They would make great rentals. There are wonderful neighborhoods where the prices have really dropped.

Now is the time to take advantage of this.
I can locate the homes for you-most of them are in great shape.
I can get property management companies to help you. They would take care of the rental issues for you.
These homes are selling … (0 comments)

las vegas economy: Now may be the time to buy in Las Vegas!!! - 06/26/08 11:33 AM
Now may be the time to start considering a purchase here in Las Vegas. Prices have come down and there are many great deals available for you.
If you are thinking of investments, bank repos are the best for you right now. Most are in great shape and are priced really well. Put down 20-30% and then rent them out- rent will cover the mortgage. Wait 3-5 years and you should be okay.
There was an article in the NY Times about retirees and saying now is the time to start considering a purchase.
Retirees Find the Time May Be Right … (1 comments)

las vegas economy: Blogging works!! - 06/21/08 12:55 PM
I received a phone call this afternoon about one of my ads on Craigslist. It was a ad about a bank repo. We had a nice talk and we made up to meet at the house. When the buyers came, they mentioned something I had written on my blog. I had put my blog on my website-a suggestion I got from reading another blog here.
At least I know people are reading my blogs. I know I will be able to help this family find a nice home. There are such great deals out there now. Bank repos are priced really … (2 comments)

las vegas economy: Local exisiting home sales surge in las Vegas!! - 06/19/08 02:13 AM
As I keep saying, now is the time to buy real estate here in Las Vegas.
This is a great buying opportunity. Prices have come down to where it is now becoming a good investment. There are many great bank repos in good areas that are priced $100,000 or more below last year's prices. Buy now and waut 3-5 years and you should be sitting pretty.
 There are many nice homes under $250,000 for sale. These would make wonderful places to live in or would make great rental investments.
I read this article in our paper today.ReviewJournal.com - Business - Local … (0 comments)

las vegas economy: Sky Las Vegas...31st floor..bank owned..2 bedroom...$524,900 - 06/09/08 07:25 AM
 
        Sky Las Vegas
31st floor...bank owned only $524,900...great views
1100 sq ft....2 bedroom...2 full baths...custom kitchen-stainless steel, granite counters, beautiful bathrooms
This is the only residential high rise on the las vegas strip.
Sky Las Vegas features concierge service, beautiful pool, fitness center, saunas,  underground parking, 24 hour guard gate and valet parking.
     This is a steal at $524,900-owners paid $659,454 one year ago.
The location of this building among all the future new hotels will namke this unit a great investment.
Michael Shankman
Liberty Realty    702-498-3383
www.lasvegashighriseagent.com



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las vegas economy: Foreign buyers can get great deals in Las Vegas!!! - 06/07/08 04:09 AM
    Now is the time to buy in Las Vegas!!!
I saw this article today in the Wall Street Journal.
http://www.smartmoney.com/print/index.cfm?printcontent=/consumer/index.cfm?story=20080523-foreign-buyers-flocking-to-us-real-estate&hpagenda=1
Las Vegas has some great deals on real estate properties. Prices have come down quite a lot. There are some good investments on bank owned homes. They are priced low and most of them are in good shape.
Buy now and wait 3-5 years for some good returns, according to the real estate reports.
High rise condos on the Las Vegas strip are priced really good right now. They would make a great vacation home for you and your friends.
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las vegas economy: Celebrity Foreclosures...it even happens to them!! - 06/06/08 06:56 AM
I saw this feature on www.cnbc.com .
I thought you would find it interesting. click here http://www.cnbc.com/id/25006032
Now is the time to start thinking about picking up some of these foreclosres. I have many of these well priced bank repos here in las Vegas. Buy them now, rent them out and then sell them in 3-5 years
For all your Las Vegas real estate needs .
Michael Shankman
Liberty Realty  702-498-3383
www.michaelsellsvegasrealestate.com
 
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las vegas economy: The Las Vegas market will come back!! - 06/04/08 01:36 AM
 I read this article in today's paper. I agree with it..this article says we are almost at the bottom.  Now is the time to start considering buying real estate here in Las Vegas. You won't see these prices again.
 
ReviewJournal.com - News - Homeowners, you can almost touch bottom*
 
There are some great bank repos that are priced really well and they are in good condition. I made an offer on a home yesterday. It was in Silverado Ranch, southeast Las Vegas. It was only 2 years old, in great shape and less than $100 per sq ft. I … (0 comments)

las vegas economy: Las Vegas high rises in the Las Vegas real estate market - 06/03/08 01:45 AM
This article was in today's paper...thought you would find it interesting...

LAS VEGAS REAL ESTATE: As high-rises grow, sales slowBuyers spooked by spike in inventory, credit crunchBy JENNIFER ROBISONREVIEW-JOURNAL
It offered such a tidy solution for a land-constrained city: Go vertical, with luxury high-rises to draw in upscale buyers from around the world.
When it began three to four years ago, the push toward towering condominium skyscrapers quickly became one of the hottest real estate trends in Las Vegas, with high-profile names including Ivana Trump, George Clooney and New York's Related Group jumping into the market to invest in, build … (1 comments)

las vegas economy: The housing market-sellers and buyers!! - 05/30/08 06:43 AM
I saw this article in the New York Times today. I think it points out exactly the market we are in.


Dear Home Seller, Dear Home Buyer: An Exchange of Letters
By RON LIEBER
A few years ago, when multiple bidders would show up at a real estate open house, the truly desperate resorted to writing love letters to the sellers.
Their plaintive scribblings painted a picture of first-time buyers chasing the American dream or growing families hungry for more space. The letters dripped with compliments for the property and ended with a plea for mercy (and a … (2 comments)

las vegas economy: Las Vegas keeps on growing-new hotel on the strip!! - 05/25/08 05:04 AM
Las Vegas is still growing- a new hotel, Fountainbleau, will open in 2009. I coped this article in today's paper.
The reopening this fall of the historic Fontainebleau Hotel in Miami Beach may set the stage for the late 2009 unveiling of the $2.9 billion Fontainebleau Las Vegas.
Fontainebleau officials are focused on opening the South Florida resort, which has undergone a $1 billion remodeling and expansion. Now, executives are starting to unveil some of their plans for the north Strip hotel-casino, which is expected to top out at 63 floors by October. The property will have 3,800 rooms, including more … (1 comments)

las vegas economy: More shopping coming to Las Vegas!! - 05/20/08 04:53 AM
Las Vegas is booming!!! New hotels are being built bigger than ever. Up and down the strip-new hotels are being built.
This article was in today's paper. ReviewJournal.com - Business - DEVELOPMENT: M Resort reveals big retail plans
More shopping is coming for the community at the south end of the strip. This should help the housing values in this area.
There are great deals right now on single family housing.  Bank repos are priced really low.  Buy now and wait 3-5 years for appreciation.
For all your real estate needs,
Michael Shankman
Liberty Realty     702-498-3383
www.michaelsellsvegasrealestate.com
 
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las vegas economy: Las Vegas's economy will be stronger than ever!! - 05/18/08 02:51 AM
Las Vegas's economy will be booming again shortly. Now is the time to buy real estate while prices are low. In 2 years, you will be sorry you didn't take advantage of this buying opportunity. I can help you find the property you are looking for.
I saw this article in today's paper...thought you would enjoy it.

GEOFF SCHUMACHER: Las Vegas poised for big economic rebound
Perhaps no city assesses its economy more closely than Las Vegas. Because we have one dominant industry, it isn't hard to measure how things are going. We get monthly tallies of visitor volume, hotel … (2 comments)

 

Michael Shankman

Selling Las Vegas 702-498-3383

Las Vegas, NV

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