Archive for March, 2005

Nevada Unemployment Rate Holds Steady at 3.9% in February

Thursday, March 31st, 2005

More good news for the Las Vegas real estate market. Nevada’s employers added 9,600 jobs to the work force in February, keeping the statewide unemployment rate low and steady at 3.9 percent, the state Department of Employment, Training and Rehabilitation reported Monday. The 3.9 percent seasonally adjusted rate was unchanged from January, and was eight-tenths of a percentage point lower than February 2004, the agency reported. Nevada’s job growth-rate is more than three times the national average of 1.8 percent according to Nevada Gov. Kenny Guinn. Las Vegas real estate market conditions continue to reflect the status of the Southern Nevada economy…..strong and steady.

Las Vegas Suffers a Terrible Loss

Thursday, March 31st, 2005

Polly Gonzalez, an anchor for KLAS-TV, Channel 8, died Monday while traveling in California with her two young daughters. Both daughters received minor injuries. Gonzalez, 43, was heading back to Las Vegas from a three-day weekend visiting relatives in San Jose, Calif., when her SUV swerved and subsequently rolled over numerous times. Gonzalez helped community organizations reach out to young people, particularly in the Hispanic community, and she served as a guest speaker for a variety of programs. Polly Gonzalez was highly respected by everyone at MS Las Vegas Real Estate and we join the community in mourning her loss.

Henderson Homes at Solera in Anthem

Tuesday, March 29th, 2005

Solera at Anthem is a 385 acre age-qualified community of Henderson real estate built into the hills south of Sun City Anthem within the Anthem master-planned community. By including many features that would typically be offered as upgrades, the buying and design process for these beautiful Henderson homes is streamlined for customer convenience. Five single-story floor plans range from 1,140 to 1,771 square feet. MS Las Vegas Real Estate has been working in the Anthem community for almost a decade. Put our experience in Henderson real estate to work for you.

Las Vegas Real Estate: Astoria Homes Tries the 3-Story Concept

Tuesday, March 29th, 2005

Las Vegas real estate is taking another step up and we don’t mean high-rise. Astoria Homes is experimenting with the three story single-family home concept in the northwest section of the Las Vegas valley. These new Las Vegas homes can be found in the Centennial Hills community and the response seems to be positive thus far. Astoria is building about 150 three story residences that are mixed in with two story homes. It’s kind of like having two stories and a basement except the basement is above ground! Please contact MS Las Vegas Real Estate if this new residential concept has you curious. We would be happy to take you on a walk-through.

Kyle Canyon Recreation Expansion

Tuesday, March 29th, 2005

The U.S. Forest Service is proposing to build a new recreation area in the middle of Kyle Canyon in order to provide more recreation facilities and also to take some pressure off the upper canyons. It seems that Mt. Charleston has become increasingly popular as a recreation destination for the residents of the Las Vegas valley. It’s getting to the point where demand is outrunning available recreation space and causing overcrowding and mis-use of private property. The U.S. Department of the Interior already has approved $27 million for the project, from revenues generated by the Southern Nevada Public Lands Management Act. Tourist traffic is expected to increase beyond the present 2 million a year when new Las Vegas homes are built at the entrance to the canyon deep in the northwest section of the valley. Focus Property Group paid $510 million for 1710 acres of Las Vegas real estate at the foot of the mountain and thousands of Las Vegas homes will be built there soon.

Las Vegas Homes by Pardee at Centennial Hills

Monday, March 28th, 2005

Pardee Homes has two neighborhoods in development at Vista Verde, a Las Vegas real estate community in the Centennial Hills section of the northwestern Las Vegas valley. Las Vegas homes at Centennial Hills benefit from the convenience of Centennial Center and it’s large selection of stores and restaurants.

Las Vegas Real Estate: Opus Las Vegas Announced

Monday, March 28th, 2005

A twin-tower high-rise Las Vegas luxury real estate project is planned for development by The Congress Group of Boston. The site for this newest proposed high-rise is the Scandia Family recreation center adjacent to the I-15 freeway near Sahara Avenue. Various Las Vegas real estate experts are predicting that less than half of the projects currently announced for development will actually come to fruition.

Las Vegas Luxury Real Estate: 13.5% Gain Since March 2004

Friday, March 25th, 2005

Las Vegas Luxury Homes continue to be a great investment. The average Las Vegas estate that cost 1.56 million dollars in March of 2004 is going for 1.77 million dollars this month. This is a 13.5% gain since this same time last year. Wow. Contact MS Las Vegas Real Estate for more information at 888-349-2595.

Economy Looks Good / Housing Looks Good

Friday, March 25th, 2005

Goog news for owners of Las Vegas homes! The Commerce Department’s durable-goods report showed orders for items intended to last three years or more grew 0.3% in February, indicating continued strength in economic growth. Separately, new-home sales jumped 9.4% to a seasonally adjusted annual rate of 1,226,000 according to the Commerce Department. “There’s tremendous desire on the part of the American consumer to own a home, and there’s a very constricted supply,” said Joel Rassman, chief financial officer of Toll Brothers Inc., one of the nation’s largest builders of luxury homes. Las Vegas real estate continues to perform with strength and stability. Construction of new Las Vegas homes also continues at a steady pace.

Nevada Economy: Continued Strength in Sales Numbers

Friday, March 25th, 2005

Retail sales across Nevada rose 9.4 percent in January to $3.19 billion while Clark County (Las Vegas & vicinity) sales jumped an even higher 10.8 percent to $2.4 billion, state officials reported Thursday. For the first seven months of fiscal 2005, Nevada merchants have now sold $24.88 billion in goods for a 14.7 percent increase — and taxes based on the sales are now $25 million ahead of projections, state Taxation Department officials said. Is it any wonder that the market for Las Vegas real estate is strong and stable? Apparel and accessory stores tied with food stores with a 9.6 percent jump in sales. Sales of home furniture and furnishings rocketed up 8.2 percent, a direct reflection of the expansion in the market for Las Vegas homes.

Las Vegas Real Estate and the Overall Housing Market

Friday, March 25th, 2005

Good news for Las Vegas real estate! The consensus opinion seems to be that rising mortgage rates will put only a slight damper on the housing market. Industry analysts and experts point out that housing continues to be one of the top performers in the overall economy. Industry projections still call for 2005 to be the second best year for housing on record. The best year ever was 2004. In the Las Vegas real estate market, closings for both new and existing homes continue to improve as February figures exceeded both January and year ago totals.

National Public Radio Station KNPR turns 25!

Thursday, March 24th, 2005

Happy 25th Birthday to KNPR! Las Vegas valley residents are so fortunate to have KCNV for classical music and KNPR for local and national news, both part of the Corporation for Public Broadcasting. Traffic is getting pretty heavy as Las Vegas grows into a full scale metropolis. NPR is a great ride-along buddy and the news and entertainment is truly life enriching.

Krystle Sands Follow Up: Turnberry Confirms Purchase

Thursday, March 24th, 2005

Florida-based Turnberry Associates confirmed Wednesday that it has secured a 3.6-acre parcel of Las Vegas real estate on the Strip, the former site of the $400 million Krystle Sands high-rise condominium development.

Southern Nevada Fishing Forecast

Thursday, March 24th, 2005

More than 300,000 rainbow trout will be stocked in reservoirs and streams in the Southern Nevada Region this spring and summer. The fish will come from NDOW hatcheries in other regions of the state and from private out-of-state hatcheries. LAKE MEAD — Fishing should continue to be very good for striped bass and channel catfish through summer despite the lake’s record-low water level. Although fishing should be fair for largemouth bass, they have been adversely affected by the water level. LAKE MOHAVE — The outlook for Lake Mohave is excellent. The water level has been relatively stable and anglers should find good fishing for striped bass, including fairly large numbers of fish around 1 pound. Boaters should have good success by drifting baits such as anchovies and squid. EAGLE VALLEY RESERVOIR — Located east of Pioche in Spring Valley State Park, this is a popular family getaway from spring through summer. The trout fishing is consistently good, the camping facilities are first-class and the daytime temperatures are pleasant. Heavy rains in early 2005 should mean a full reservoir through at least mid-summer. ECHO CANYON RESERVOIR — The reservoir is located in Echo Canyon State Park, east of Pioche. There is an nice campground in the park. For the first time in many years, the reservoir was almost full heading into spring. Depending on weather conditions, this might continue until mid-summer. Because of the high lake levels, angler access should be much better than average this spring. Rainbow trout fishing is expected to be good through the spring and early summer months thanks to plants. Plans call for 10,000 rainbows to be planted this spring. URBAN PARK PONDS — Ponds at Floyd Lamb State Park, Lorenzi Park and Sunset Park in Las Vegas, Veterans Memorial Park in Boulder City and Hafen Park Pond in Mesquite will be stocked monthly from mid-April through summer with channel catfish and rainbow trout in the winter.MS Las Vegas Real Estate reminds you once again that Las Vegas is a real city with outdoor recreation that takes you as far away from casinos as you want to be.

Las Vegas Homes at Hidden Canyon

Wednesday, March 23rd, 2005

Las Vegas real estate sales are under way at Hidden Canyon Estates, a new neighborhood Toll Bros. has in development in the northwestern Las Vegas valley. Buyers can choose from three single-story floor plans, measuring 3,473 to 3,892 square feet. Each offers a porte cochere, motor court and three-car garage. A neighborhood park is planned. Three models for these new Las Vegas homes are under construction and expected to open in summer. Contact MS Las Vegas Real Estate for more in-depth information at 888-349-2595.

Las Vegas Real Estate: Krystle Sands High Rise Just a Mirage?

Wednesday, March 23rd, 2005

Krystle Sands, a planned 45-story, 568-unit condominium hotel, is no longer offering units for sale and many Las Vegas real estate experts believe it could be just the first of many of the 100 or so announced high-rise local projects to fail. The project received zoning approval from the Clark County Commission in April 2004 for a 510-foot tower. Las Vegas can expect some turbulence in the high rise condominium market going forward. MS Las Vegas Real Estate would highly advise the professional services of an experienced Las Vegas real estate agent to assist in the exploration of high rise condo opportunities. This is not a market for amateurs or do-it-yourself types.

Las Vegas Luxury Real Estate: Country Club Living

Tuesday, March 22nd, 2005

Four Toll Bros. subdivisions of Greater Las Vegas real estate have nearly reached a complete sell-out phase. The Reserve collection at two locations, Red Rock Country Club within the Summerlin community and the MacDonald Highlands community of Henderson real estate, have both entered the closing portion of home sales. In addition, only a few Las Vegas luxury homes remain at the Terra Bella and North Canyon Estates neighborhoods in northwest Las Vegas. Las Vegas luxury golf homes continue to be in high demand.

Las Vegas Makes Equestrian History

Tuesday, March 22nd, 2005

At the end of April, the Thomas & Mack Arena in Las Vegas will make equestrian history. For the first time in 45 years of competition, the world championship finals of both jumping and dressage will be held together as one equestrian mega-event. Las Vegas Events approached FEI, the international body governing equestrian sport, and asked it to combine the jumping championship with the final of its World Cup Dressage series. With about a month remaining until the competition, about 90 percent of the events’ 85,000 tickets have been purchased. So far more than 1,200 tickets have been purchased by foreign fans from a dozen different countries. MS Las Vegas Real Estate would like to remind you once again that Las Vegas is a real city with a broad range of cultural and entertainment options at your disposal.

Nevada Breaks the Record for Visitors in 2004

Tuesday, March 22nd, 2005

The State of Nevada hosted more than 50.5 million visitors in 2004, a single-year record, state tourism leaders confirmed Monday in Carson City. Last year’s statewide visitor tally was approximately 500,000 more than previously projected, Lt. Gov. Lorraine Hunt said. The state’s 4 percent tourism growth was powered by a record of nearly 34.7 million Las Vegas visitors, up 5.2 percent from 2003. Is it any wonder that the Las Vegas economy and the Las Vegas real estate market are so strong?

Attractive Southern Highlands Homes Available Now

Monday, March 21st, 2005

American West’s Royal Highlands, located in the Southern Highlands master-planned community, offers two new neighborhoods. One neighborhood is Glen Eagles, and it features five two-story floor plans, ranging from 1,952 to 2,548 square feet. The second neighborhood is Inverness, which features a total of six one and two-story Las Vegas homes, each with a finished basement. MS Las Vegas Real Estate can schedule a showing of these new developments at your convenience.

Silverstone Ranch Golf Homes: Great Course, Great Community!

Monday, March 21st, 2005

The Oakmont Collection at Silverstone Ranch offers residences that are considered ideal for Las Vegas golf community living.Silverstone Ranch real estate is located in the northwestern valley, and anchored by Silverstone Golf Club, a public facility. Pulte Homes is offering free golf club memberships to buyers of Las Vegas homes in the Silverstone Ranch Oakmont neighborhood. Additional amenities include a 6-acre park, basketball and tennis courts, playgrounds and arbors. Pulte also offers five other collections in the Silverstone Ranch community including gated Las Vegas townhomes. Las Vegas golf real estate at Silverstone Ranch is an exceptional value.

Las Vegas Real Estate: Turnberry Towers Set to Go

Monday, March 21st, 2005

A new development of high-rise Las Vegas real estate is set to commence construction within a month. Turnberry Towers will be comprised of two 45-story buildings that will provide 636 Las Vegas homes. The first tower is scheduled for completion in early 2007. These beautiful new high-rise Las Vegas luxury homes will be designed in contemporary style and finished with Italian marble baths and jacuzzi whirlpool tubs, granite countertops and European kitchen cabinetry and General Electric Monogram appliances. Contact MS Las Vegas Real Estate for more information at 888-349-2595.

North Las Vegas Homes: Terrasini at Aliante

Sunday, March 20th, 2005

Pulte Homes’ gated Terrasini condominium development in the Aliante master-planned community is scheduled to celebrate its grand opening in May. For North Las Vegas home buyers looking for a maintenance-free lifestyle in a well-planned community, Terrasini is a natural choice. Terrasini’s amenities, privacy and convenient location offer entry-level buyers a great value. Planned amenities include a pool, playground, and volleyball and basketball courts. Aliante is a master-planned community located within the City of North Las Vegas. MS Las Vegas Real Estate is your personal tour guide for the Aliante community and North Las Vegas real estate.

Henderson Real Estate: The Poker Club at Sun City Anthem

Sunday, March 20th, 2005

And you thought the hottest poker action in Las Vegas was in the Bellagio poker room. Not a chance! The card rooms at the Sun City Anthem master-planned community are open 14 hours a day and the poker club alone has 215 members! The Sun City Anthem poker club has four tournaments scheduled throughout 2005, offering the games Texas hold’em limit, high only; Texas hold’em no limit, high only; Omaha limit, high only; and another Texas hold’em limit, high only. The card rooms are one of several amenities housed in Anthem Center, one of three recreation centers planned for the community. The second one opens in spring. In addition to card rooms, the center features an indoor swimming pool and walking track, day spa, billiards area, sewing and quilting room, arts and crafts center, wellness center and computer lab. Henderson real estate at Sun City Anthem provides outstanding quality of life in an age-restricted environment. MS Las Vegas Real Estate would be happy to introduce you to the Anthem master-planned community in Henderson Nevada.

AFL Las Vegas Gladiators Reach First Place in the Western Division

Sunday, March 20th, 2005

The Las Vegas Gladiators are in first place in the Western Division midway through the AFL season. Las Vegas (5-3) leads Los Angeles and defending champion San Jose, each at 4-3. The Gladiators host San Jose in a Monday night game March 28. The Las Vegas Gladiators defeated the Arizona Rattlers 66-63 in front of 11,300 AFL fans at the America West Arena in Phoenix and captured the number one spot. If you enjoy exciting live sporting events, then Las Vegas is definetly for you. Las Vegas real estate is great for hard-core sports fans of every type!




Michelle Sterling, ABR
Las Vegas Real Estate
Prudential Americana
Group Realtors ®

7475 W. Sahara Ave.
Suite 100
Las Vegas, NV
89117

Toll-Free: 888-349-2595
Direct Line: 702-315-7544
Cellular: 702-349-3009

Email:
ms@mslasvegasrealestate.com