Archive for April 14th, 2005

FDIC Report Documents Strength of Nevada Economy

Thursday, April 14th, 2005

The FDIC acknowledged the strength of Nevada’s economy last year in a publication profiling the state’s banking. Jobs grew by 6.5 percent in the fourth quarter, faster than any other state, the FDIC said. Construction produced the largest share of job growth, adding 20,000 new positions, or 28 percent of the state’s new jobs. The business services sector added 11,000 jobs. Las Vegas set a visitor record of 37.4 million and reported weekend hotel occupancy of 95 percent. What’s more, the FDIC said, Las Vegas led the nation in fourth quarter home-price growth among major metropolitan areas at 36.2 percent. MS Las Vegas Real Estate blog readers won’t find any of this news surprising. We have made every effort to keep you informed about economic conditions in Southern Nevada as we present the opportunities available in the market for Las Vegas homes.

Newest Addition to McCarran Airport Expansion Plans

Thursday, April 14th, 2005

Airport officials have just announced the opening of the new northeast wing of the D-Gate Concourse at McCarran International. This 11 gate addition comes just a few months after the airport announced that 2004 was the busiest year ever and broke every record. The extra 11 gates translates into about 3 million more passengers per year. McCarran also plans to build a 10-gate northwest wing addition to the D-gates concourse, as well as a 14-gate Terminal 3 project along Russell Road. Las Vegas continues to grow and expand at an astonishing rate and the Las Vegas economy continues to perform and impress even the sceptics. MS Las Vegas Real Estate is fully prepared to present one of the best performing residential real estate markets in the country….the market for Las Vegas homes.