Archive for May 25th, 2005

London Double Deckers Come to Vegas!

Wednesday, May 25th, 2005

Open-air double decker buses are popular in many vacation destinations, and it seems as if Las Vegas is next on the list. In early July, Las Vegas strip patrons can look forward to an authentic British experience as red double decker buses roll down the strip for the very first time. The new company is called London Transport and each London Transport bus will be air conditioned on the lower level, with open-air seating above. They’ll also offer onboard guides to provide Las Vegas trivia and history to passengers. The Regional Transportation Commission, which owns and operates the Citizens Area Transit bus system, in June expects to receive its first shipment of new double-decker buses from Alexander Dennis, one of Great Britain’s largest manufacturers. Even the city is getting in on this gig! MS Las Vegas Real Estate invites you to a trip past the Bellagio fountains from a newly elevated point of view. Please bring your camera!

New Home Sales Nationally Hit a Record!

Wednesday, May 25th, 2005

The Commerce Department said sales of new single-family homes rose 0.2% in April from the month earlier to a record annual rate of 1.32 million units. For April, sales of new homes were up 13.3% from a year earlier. The median price of a new home rose 3.8% to $230,800 from a year earlier. The price increases on new homes weren’t as eye-popping as gains reported Tuesday by the National Association of Realtors on prices for existing homes. The Realtors’ report showed median prices of existing homes were 15.1% higher than a year earlier. The Las Vegas real estate market continues to provide a steady supply of new homes and appreciation rates are generally above the national average.