Archive for March, 2005

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.