Archive for August, 2005

US Home Offers Spacious Las Vegas Luxury Homes

Tuesday, August 23rd, 2005

US Home is definitely convinced that bigger is better. This particular builder of Las Vegas real estate is offering Las Vegas luxury homes that approach or exceed 5,000 square feet at three of its newest neighborhoods. The Earlstone neighborhood can be found at Anthem, while Arroyo Canyon and White Horse Estates are located in northwest Las Vegas. If you’re interested in Henderson real estate, the Earlstone community of Anthem homes features the Pebble Beach model at 5,085 square feet. Contact MS Las Vegas Real Estate for more information on Las Vegas luxury real estate at 888-349-2595.www.mslasvegasrealestate.com

Sandhurst Las Vegas Opens Model

Monday, August 22nd, 2005

Sandhurst Las Vegas will be breaking ground by the fall and is expected to be completed in 2007. Sandhurst will consist of 398 high-rise Las Vegas luxury homes. The units range from 817 to more than 4,700 square feet, and are priced from the $600,000s. Planned amenities include a fitness center with a European spa and guard-gated entry with private parking. The tower’s great room will feature a library, theater, billiards, game room, kitchen and a 3,000-square-foot terrace. Potential buyers of Sandhurst Las Vegas real estate can view a model kitchen and bathroom and take a virtual tour of the developments common areas. Contact us for more info at 888-349-2595.www.mslasvegasrealestate.com

Nevada's Credit Rating Reflects a Sound Economy and Sound Practices

Monday, August 22nd, 2005

Nevada’s financial credit rating was upgraded last week for the first time since 1977. Moody’s national credit rating organization approved an upgrade that gives Nevada a credit score of Aa1. This of course means that in future years Nevada can secure lower interest rates on debt obligations and save Nevada taxpayers money. Moody’s complimented the state on its budget management, saying that Nevada “has proven its ability to respond quickly to downturns and to react prudently during flush times. The recent successful effort to diversify the state tax base better positions it to maneuver through future inevitable strains on its economy.” That’s quite a compliment from an organization that doesn’t normally throw them around. Readers of the MS Las Vegas Real Estate blog are well informed about the various efforts to strengthen and diversify the Nevada economy. Here’s proof positive that those efforts are paying off with tangible, money saving benefits for Nevada residents. The market for Las Vegas homes is a direct reflection of these successes.

Las Vegas Golf Real Estate: Palms Bay at Rhodes Ranch

Tuesday, August 16th, 2005

Rhodes Ranch real estate represents one of your best opportunities in the Las Vegas golf real estate market to choose a Las Vegas home that’s right for you. Shoppers for Las Vegas golf homes at Rhodes Ranch now have even more options available due to the introduction of the Palms Bay neighborhood. Three two-story models are open, ranging from 1,734 to 2,400 square feet; each has 2 1/2 baths. Prices for these beautiful new Rhodes Ranch homes start at $373,990. The Rhodes Ranch golf course is but one of an entire series of amenities available at this guard-gated community in the southwestern Las Vegas valley. Contact MS Las Vegas Real Estate for more information at 888-349-2595.www.mslasvegasrealestate.com

Las Vegas Real Estate: Ivana Puts Up the Money

Tuesday, August 16th, 2005

I’m sure that you’ve heard by now about Ivana Las Vegas, the 923 foot $500 million tower being developed at Las Vegas Blvd. and Sahara Avenue. It seems that Ivana is confident enough about success that she’s willing to step up to the plate and make a purchase. 487 units were secured on Sunday at the sales debut of these new Las Vegas luxury homes, including two purchased by Ivana herself. Construction on Ivana Las Vegas is scheduled to begin next summer and conclude in December 2008. These Las Vegas luxury real estate units will range from 500 square feet to 1,900 square feet, and a penthouse will include 20,000 square feet of space. Prices will range from $550,000 for a one-bedroom home to $35 million for a penthouse with nine bedrooms and a recording studio. Amenities at Ivana Las Vegas homes will include a pool and spa, a gym, a Zen garden, a business center, an ultralounge and a coffee shop. Contact MS Las Vegas Real Estate for more information at 888-349-2595.www.mslasvegasrealestate.com

North Las Vegas Real Estate: Select Aliante Homes on Sale!

Monday, August 15th, 2005

Las Vegas home builder Pulte has slashed the price of select North Las Vegas homes by $40,000. This opportunity is available at the Aliante community of North Las Vegas real estate. Subject to availability, the select residences (now priced at $334,022) can be ready for 30 day move-in. Aliante real estate amenities include parks, trails, soccer fields, tennis courts and a volleyball stadium. Aliante homes also benefit from a 1.5-acre man-made lake, group picnic area, amphitheater and the public Aliante Golf and Country Club. Contact MS Las Vegas Real Estate at 888-349-2595 for more information.www.mslasvegasrealestate.com

Summerlin Real Estate: Montage at West Park

Monday, August 15th, 2005

Montage at West Park by Ryland Homes will showcase five two and three story floor plans designed around courtyards. These beautiful Las Vegas homes will be a new addition to Summerlin real estate. The designs will range from 1,659 to 2,103 square feet and feature Mission and Spanish style architecture. Montage Summerlin homes will offer two or three bedrooms and 2 1/2 or three baths. Residents of the neighborhood will share a park and have access to a swimming pool, children’s wading pool, covered picnic areas and lawns. Contact MS Las Vegas Real Estate for more information at 888-349-2595.www.mslasvegasrealestate.com

Las Vegas: Famous Worldwide and Getting More So!

Monday, August 15th, 2005

Last year, Las Vegas hosted more than 1.56 million overseas travelers, a 20.6 percent increase over 2003, according to the U.S. Department of Commerce’s Office of Travel and Tourism Industries. What do these numbers actually mean? It means that we are incredibly popular compared to other US cities as a foreign tourist destination. In fact, Las Vegas ranked #7 in the entire country! Yup, NYC took top honors and Los Angeles was number two for reasons I’ll never understand. But hey, we’ll take the #7 spot and the cities still ahead of us better watch out! Luring more overseas travelers here is key to the LVCVA’s stated goal of drawing 43 million visitors to Las Vegas by 2009. That year, it hopes nearly 6.5 million international travelers will visit the city annually, up from last year’s estimated 4.5 million. Also on the rise is overseas interest in Las Vegas homes as an investment and/or vacation property. MS Las Vegas Real Estate is your local partner and experienced guide in every aspect of the Las Vegas real estate market.www.mslasvegasrealestate.com

Southern Nevada Economy: Looks Like More Growth Still to Come!

Monday, August 15th, 2005

Continued strong performance in tourism and construction boosted the Southern Nevada Index of Leading Economic Indicators higher in July. This is a continuation of an upward trend that portends further growth in the coming months. The economic index is compiled by the Center for Business and Economic Research at University of Nevada, Las Vegas. Yes, we have an excellent university right here in the middle of the desert! The index climbed to 131.85 in July, up from 130.68 in June and 129.33 in July 2004. Total employment in Clark County grew 7.7 percent in June to 873,400 and the unemployment rate was 4.1 percent, compared with 4.7 percent a year ago. MS Las Vegas Real Estate is beating the same drum again and again….solid economic fundamentals make for a solid market in Las Vegas real estate. Ask anyone that invested in Las Vegas homes over the past five years about their decision and you’ll get some pretty enthusiastic answers. Las Vegas, Nevada….the next major American metropolis without a doubt.

Las Vegas Monorail: No Way, Good News?

Monday, August 15th, 2005

The Las Vegas Monorail had a record breaking month in July! The monorail carried 1,020,796 people last month, for an average of 32,928 riders per day. July was also the monorail’s second-best revenue month ever. Farebox receipts last month totaled $2,945,701, for a daily average of $95,022. Don’t get too excited though…this thing cost $650 million and is still nowhere near covering it’s overhead. Maybe an extension to the airport would help, who knows? One thing is for sure, reliability is a key component to this puzzle. If the monorail starts working consistently and reliably, it can only help things. MS Las Vegas Real Estate would like to see the project succeed financially as well as mechanically, but we’re just not sure on either score.