Archive for June, 2006

Incredibly sharp home in Northwest Las Vegas!

Friday, June 30th, 2006

Las Vegas MLS 576545 See this incredibly sharp 5 bedroom plus a loft home with over 2800 sq. ft. nestled in the fast growing Northwest part of Las Vegas. All this room plus a huge master bedroom with dual walk in closets.

This home sitting across from a park is perfect inside and out. Priced at $455,000.

For more information and pictures of this home please click the following link:
http://www.mslasvegasrealestate.com/featured-none_576545.html

Call Bill Fitzpatrick today for more information on this property at 888-349-2595!

Rare Opportunity at Desert Shores!

Thursday, June 29th, 2006

Las Vegas MLS 587845 Imagine fishing, paddle boating, working out or simply sitting pool side with your toes in the sand at the beach club of Desert Shores .Owning this highly upgraded 3 bedroom condo gives you full access to all of the fantastic amenities at this highly sought after Desert Shores Villas.

The condo has granite counter tops, maple cabinets, upgraded carpet and pewter fixtures just to name a few. Don’t miss out on this rare opportunity. Priced at $254,900.

For more information and pictures on this Desert Shores condo, please click the following link:
http://www.mslasvegasrealestate.com/featured-desert_shores_587845.html

Las Vegas Real Estate: Past, Present and Future

Tuesday, June 20th, 2006

The City of Las Vegas has a rich and interesting history. It also has a number of truly incredible accomplishments over the past decade that continue to impress nationwide. The Las Vegas Real Estate market has benefited tremendously from a residential buildingboom that shows little sign of slowing down. This has been based on a poulation explosion in the State of Nevada that is going on it’s 19th year. The market for Las Vegas homes has benefited handsomely from thistrend. Real Estate in Las Vegas has been a highly profitable endeavor for lucky Las Vegas home owners. Our residents combine their good fortune with agenuine enthusiasm for the Las Vegas lifestyle. At MSLas Vegas Real Estate we look forward to sharing with you the joys and the benefits of owning a Las Vegas home. First, a little historical background on our great city.The Las Vegas Valley was originally settled by Mormon missionaries between 1855 and 1865. As with most outposts in the West, the defining moment that brought Las Vegas into full fruition was the arrival of Union Pacific railroad. This was the year 1905, and when the Union Pacific auctioned off some surplus land parcels, Las Vegas began it’s journey to the city it is today. Can you imagine the value of those original parcels of Las Vegas real estate today? The fledgling city of Las Vegas pulled through the Great Depression better than most thanks to the WPA and the enormous Hoover Dam project. After the completion of the project, many workers and their families decided to stay on and make Las Vegas home. Ironically, the birth of the tourism industry in Las Vegas came from the Hoover Dam rather than gambling as you might have guessed. Even by todays standards, the Dam is an engineering and consrtuction marvel and continues to draw millions of tourists each year. Politics plays a starring role in the development of Las Vegas as a great city, which should come as no surprise. A few unsavory characters made their mark early on as well, which comes as no surprise either.The Nevada Legistlature officially made Las Vegas a city in the year 1911. The Las Vegas Chamber of Commerce was founded that very same year. Without the mighty Union Pacific, neither advance would have been possible. The big moment that changed the West and later the entire world was the legalisation of gambling by the State Legislature in 1931. The El Rancho Las Vegas became the very first piece of Las Vegas real estate devoted to gambling and entertainment. A few years later, some guy you probably never heard of (Bugsy Seigel) opened a place called the Flamingo on New Year’s Eve for him and his “pals”. Bugsy and his Hollywood buddies needed a place to “play” and decided to call Las Vegas home for discreet adventures. Next thing you know, it’s 1989 and Steve Wynn opens the Mirage to rave reviews and predictions of bankruptcy within six months. You know the rest of that story. Mr. Wynn picked up where Howard Hughes left off and bet hugely on Las Vegas tourism and Las Vegas real estate. His success continues to this day.We come now to the most recent part of Las Vegas history and the astounding growth and development of our great city. Las Vegas holds the heavyweight title as the “Gaming and Entertainment Capital of the MilkyWay Galaxy” and the distinction is richly deserved. According to the U.S. Census bureau, the State of Nevada has led the nation in the rate of population growth for 18 years in a row! Almost 70% of the Nevada population lives in Southern Nevada (Las Vegas and vicinity), so as you can see, Las Vegas real estate has benefited tremendously from this population explosion. The market for Las Vegas homes has expanded in lock step with the population. The Las Vegas valley now rivals the most sought after communities in Florida as the number one destination for retirement living. As the baby boomer generation increasingly migrates to their rest and relaxation locale, Las Vegas retirement homes have become a prime destination. This is yet another stimulant for the Las Vegas real estate market. An attractive combination of great weather, great entertainment, world class shopping and some of the finest restaurants anywhere has made Las Vegas real estate a fabulous investment as well as an enjoyable living experience.

Bill Fitzpatrick presents this Beautiful Northwest Las Vegas Home

Monday, June 19th, 2006

Las Vegas MLS 596304 This unique 3 bedroom floor plan offers 2 large separate family rooms with one upstairs and one down. The master bedroom has a large retreat area for the quiet time away. This wonderful northwest neighborhood sits adjacent to one of the areas largest park and community centers. Priced at $379,900

If you would like more information on this beautiful home, or any other in the Las Vegas area, please do not hesitate to contact Bill Fitzpatrick at 888-349-2595.

For more information and pictures, please click the following link:
http://www.mslasvegasrealestate.com/featured-none_596304.html

Beautiful Northwest Las Vegas Condo for Sale!

Friday, June 16th, 2006

Las Vegas CondominiumThis is a great 2 bedroom 2 bathroom condo with a rare attached 2 car garage.

It is a quiet 1st floor interior unit overlooking the greenbelt close to the Pool. Convenient to the 95 freeway. This home has been very well taken care of and shows true pride in ownership.

All Appliances are included in the sale including a top of the line reverse osmosis and whole house water softener. Both Master and second bedroom are very large with plenty of room for large furniture.

Home owners association fee includes water, trash, grounds, and recreation.

For more information and pictures click the following link:
http://www.mslasvegasrealestate.com/featured-none_614562.html

Derek Franceschini presents this Centennial Hills beauty……….

Thursday, June 15th, 2006

Centennial Hills Real EstateSELLER TO CONTRIBUTE 2% TOWARDS BUYERS CLOSING COSTS!

POOL TABLE INCLUDED WITH FULL PRICE OFFER!!!!

This home shows like a model. Beautiful wood floors, 20×16 Loft. Convenient to the 95 & 215. Close to restaurants, and Shopping. Pool table is regulation size and comes with accessories. Move right in. Community has great walking paths and is also located near the new Centennial Hills Hospital.

For complete information on this listing, please click the following link:
http://www.mslasvegasrealestate.com/featured-none_611154.html

Las Vegas High Rise Condos: Up, Up and Away

Tuesday, June 13th, 2006

There are currently over 50 Las Vegas high rise building projects in various stages of planning and implementation in the Las Vegas valley. These 50 projects comprise a total of 82 actual buildings. Thirty of the fifty projects (and forty four of the buildings) are strictly condominium units from top to bottom. Another seven high rise projects (comprising eleven buildings) are a combination of hotel rooms and high rise luxury condos. While the majority of the projects are in close proximity to the Las Vegas strip, a surprising number are dispersed throughout the valley. Las Vegas is truly a city on the way up!The level of services and luxury amenities incorporated into these projects is absolutely on par with the best of high rise condo living in any major city in America, including New York. Examples include full service spas, valet and maid services, gourmet restaurants, state of the art pools and exercise facilities as well as conference space for business purposes.While the market for Las Vegas real estate in general has cooled down just a bit from it’s torrid pace in the first half of 2004, the market for Las Vegas high rise condos continues to build in strength. At MS Las Vegas Real Estate we are working with a number of clients who visit Las Vegas on a regular basis to entertain their own clients and would like something more personal than the usual hotel suite. In addition, there can be no doubt but that real estate investors from all over the world are quite interested in Las Vegas High Rise Condos. Trump International has just announced plans for a second 64 story tower due to the overwhelming demand for units in tower one.Please feel free to contact the MS Las Vegas Real Estate Team about the fabulous opportunities literally heading skyward in the Las Vegas real estate market.

Las Vegas Real Estate: The Case for Underlying Strength

Monday, June 12th, 2006

It’s an important part of our job at MS Las Vegas Real Estate to keep close tabs on economic and demographic developments in the Las Vegas Valley. Here are just a few of the recent developments that prudent buyers should consider when shopping for a Las Vegas home. First and foremost is the continuing surge in the overall population of the State of Nevada. The U.S. Census bureau has recently released it’s annual population estimates for all fifty states. The State of Nevada led the entire country in the rate of population growth for the eighteenth (yes, that’s 18 straight) year in a row. It’s important to remember that almost 70% of the people that live in our State live in Southern Nevada (Las Vegas and vicinity). What do the experts attribute to such amazing long term growth? Great weather and a great economy for starters. Combine this with a business friendly environment and no State income tax and you can begin to see why so many have made the move and purchased a Las Vegas home. The most recent unemployment figures (October) peg the rate in Southern Nevada at 3.6%, which incidentally is our lowest rate in 25 years. The MS Las Vegas Real Estate team is constantly working with clients who have received generous job offers and need our expert assistance in making the transition to a new Las Vegas home. Although Las Vegas remains attractive for retirees, it’s important to realize how truly dynamic the Las Vegas economy is and the draw this creates for people in their prime earning years.The Nevada Department of Taxation just released some encouraging figures as well. October was the eleventh straight month that businesses in Nevada showed double digit sales increases compared to the same month the previous year. The October increase was an astounding 15.7 per cent. Another interesting tid bit is the fact that home furniture sales jumped 24% from last year. Southern Nevada continues to exemplify an encouraging array of positives as one considers the potential purchase of a Las Vegas home. Feel free to contact the MS Las Vegas Real Estate team should you wish to explore any of these issues further. We’re glad to be of service.Please visit our website located at http://www.mslasvegasrealestate.com/ for more information.

Las Vegas Real Estate: Are Starter Homes out of Reach for your Kids?

Sunday, June 11th, 2006

The dream of a Las Vegas home is getting to be a bit daunting for some first time buyers. Are your own kids among the many that are being priced out of a first time buying opportunity due to soaring prices? With the median price of re-sale homes hovering at $250k, and the median price of a brand new Las Vegas home hitting an eye-popping $272K, it’s getting harder to get started. At MS Las Vegas Real Estate, http://www.mslasvegasrealestate.com/ we’ve noticed a trend of late that is common in markets where supply has been tight and prices have soared over a short period of time. A growing number of parents are seeking to help their children through the vehicle of an intra-family home sale. This choice can sometimes take the place of inheritance as it helps the first time youngster now rather than later. Often times the parents are leaving their Las Vegas home for a new environment in another state (Utah and Arizona are prime examples) and wish to give their kids a boost with their Las Vegas home at a helpful price. While this can be a positive decision all around, it is critical to involve your personal tax adviser in the details of implementing this plan. A very good way to attract the attention of the IRS is to sell your Las Vegas home to a member of your own family at less than fair market value.Believe it or not, an overworked and understaffed IRS actually tracks this type of activity quite closely. Aside from irate neighbors who worry about comparative values, there are plenty of other issues that must be addressed carefully (gift taxes and capital gains being only two among many) to make this a successful transaction. A qualified tax planner is an essential ingredient in any such endeavor. Ownership of a Las Vegas home is becoming an increasingly valuable asset both for yourself and for your children’s future as well. The MS Las Vegas Real Estate team knows how important your home is to your personal happiness and your financial future. Don’t hesitate to put our expertise to work for you.Please visit our website located at http://www.mslasvegasrealestate.com/ for more information.

Las Vegas Real Estate: Straight Up in More Ways Than One

Saturday, June 10th, 2006

Don’t look now, but Las Vegas is intent (in fact hell bent) on becoming a serious city for sophisticated urban living. The Las Vegas Real Estate market is about to provide an abundance of the one thing that has gone missing (unless you were fortunate enough to stay in a penthouse high roller suite), world class high-rise condominiums. MS Las Vegas Real Estate, http://www.mslasvegasrealestate.com/ is very excited about the new opportunities soon to be presented to connoisseurs of urban chic. We have in mind that truly discerning urban animal that has never considered Las Vegas real estate because suburban living just doesn’t work for them.Although the ice has already been broken by Turnberry Place and Park towers, construction is soon to begin on “the” signature development that will truly mark the arrival of Las Vegas as a city to be reckoned with. Let the competition begin for the high rise luxury real estate dollar. In case you missed it, MGM Mirage Corporation made a stunning announcement last month that will change the way urban sophisticates view Las Vegas Real estate forever. How does a four billion dollar master plan spread out over sixty six acres sound? Not just any sixty six acres, but the sixty six that just happen to be wedged between the Bellagio and the Monte Carlo right on the strip itself. By the way, MGM Mirage wants you to know that this is larger than Times Square, Rockefeller Center and SoHo combined. They also want you to know that a Gaming company is thrilled to be making a Las Vegas real estate investment on strip property that could very easily be converted into more casinos instead. Who wants to live right on the strip? Are they crazy? At MS Las Vegas Real Estate, we think not. How awful to be just minutes away from world class shopping, dining and nightlife (not to mention the airport), the three signatures of true urban luxury living. Add to this a multitude of Broadway caliber shows (Avenue Q opens soon) and the new Maserati dealer just up the street and we think that this is going to be a huge success. MS Las Vegas Real Estate is fully prepared to present the various high-rise investment options available to those whose adrenaline surges under these living conditions. Allow us to introduce to you a Las Vegas real estate option that you may not have previously considered. It would be our pleasure. Please visit our website located at http://www.mslasvegasrealestate.com/ for more information.

Las Vegas Real Estate: The Global Perspective

Friday, June 9th, 2006

Las Vegas Real Estate:  The Global PerspectiveHave you ever wondered how your own piece of the Las Vegas Real Estate pie compares to similar properties in other parts of the Las Vegas Valley? Better yet, have you found yourself wondering how Las Vegas Real Estate compares nationally to other cities of similar size? While much has been made of the fact that the Las Vegas market is among the hottest here in the States, how do we look from a global perspective? The question carries more weight than mere curiosity. At MS Las Vegas Real Estate, http://www.mslasvegasrealestate.com/ we speak to clients based in Europe and the Pacific Rim on a regular basis. It seems that overseas investors are interested in American diversification for their portfolios in ways that extend well beyond stocks and bonds. Based on residential appreciation rates for Las Vegas Real Estate over the last five years, it’s no wonder that global investors take time to investigate our market in particular when examining their U.S. investment options. The question is, when examined from a global perspective, how do we look?The first key to understanding the true significance of the residential property market in the Western World is to look at it’s size and velocity. The total value of residential property in the First World is approximately 60 trillion dollars. The amazing part of this story is the fact that almost 20 trillion of that value has been added in the last 5 years. This is almost twice the rate at which global equities have increased over a similar time frame. But who’s hot and who’s not when you look at the world map?Believe it or not, the hottest thing going right now is the market in South Africa followed closely by real estate stalwart Hong Kong. Australia has been on a tear for the last couple of years but has recently cooled down significantly. Ditto for Great Britain, where a multi year run-up has recently stalled out. The volume of sales in the UK has dropped dramatically in the latest quarter and prices are actually starting to fall back a bit. By contrast, France and Sweden are still strong and on the upswing. Joining that group is the United States, where the average price of a home nationwide gained 13% this year. California and Washington D.C. have made above average gains (approx. 20%), but pale in comparison to the residential market for Las Vegas Real Estate. It’s no wonder that we speak to so many overseas investors at MS Las Vegas Real Estate. If the goal is diversification into U.S. residential property, Las Vegas is not a market to be overlooked. Our firm stands ready to deliver a level of service and local expertise to satisfy the most demanding global investor.Please visit our website located at http://www.mslasvegasrealestate.com/ for more information.

Smooth Jazz and Beautiful Art on Mount Charleston

Tuesday, June 6th, 2006

Mount Charleston Jazz FestivalMS Las Vegas Real Estate invites you to the inaugural Mt. Charleston Jazz Festival beginning June 30th and wrapping up on July 2nd. Combining with the great live music will be an extensive exhibition of local art talent presented by Art Encounter, the largest fine-art gallery in Nevada. With works available for both viewing and purchase, this is a great opportunity to gather a greater appreciation for the artists among us in Southern Nevada. The Jazz Festival itself features Kool and the Gang and a wide range of styles and talents. Friday night festivities include a wine tasting party and Saturday night the Mt. Charleston Hotel is hosting a charity benefit gala. The best part of all? The crisp, clean, cool air and dramatic scenery of the Toiyabe National Forest way up there on the mountain, just 45 minutes from the Las Vegas Strip!

Great Golf Vacations at Lake Las Vegas!

Sunday, June 4th, 2006

Lake Las Vegas Golf!If you’ve never considered a golf outing to Lake Las Vegas, you really should think again. Whether you make a day trip or stay a few, you’ll be amazed at the serenity and sheer beauty that has been carved and created out of what was once a barren desert valley. The lake itself is 320 acres of shimmering magic and the courses have been designed by Nicklaus and Weiskopf for maximum aesthetic appeal in relation to the terrain. Stay-and-Play luxury golf packages are available at two incredible facilities, The Hyatt Regency Resort Spa and The Ritz-Carlton, Lake Las Vegas. Choose from the Reflection Bay Course or The Falls Golf Course or get greedy and play them both! You won’t be able to help but notice some amazing Las Vegas golf real estate as you’re making your way through eighteen. In fact, Lake Las Vegas homes are some of the most unique and spectacular in all of Southern Nevada, especially along the South Shore!

Spanish View Tower Homes: Vertical Luxury

Saturday, June 3rd, 2006

Spanish View TowerWhen you see the cranes in the air and the dirt start to fly, you know it’s official. Spanish View Tower Homes are “under construction” at Buffalo Drive and the I-215 Beltway in the rapidly expanding South West Las Vegas Valley. What can you expect to see from this latest Las Vegas luxury high rise condo development? First of all, the Southern Nevada skyline will be making way for three 18-story towers that will provide 444 Las Vegas luxury homes. All three towers will be facing the strip on one side and the mountains on the other. Yes, the views will be to die for! Floor plans run from 1,835 square feet all the way up to 9,500 at the penthouse level. Amenities? Residents will enjoy the convenience of a full service salon and day spa, health and fitness center, tropical pools with spas, tennis courts, putting greens and over seven acres of general recreational space. The location couldn’t be better. Immediate access to the I-215 Beltway puts you at the Airport or on the Las Vegas Strip in fifteen minutes. Considering a vertical move in your residential future? At MS Las Vegas Real Estate we’re ready to help you make it happen. Call us for a personal tour of the models at 888-349-2595.

Lake Las Vegas Real Estate: Bella Fiore by Pardee

Saturday, June 3rd, 2006

Bella Fiore - Lake Las Vegas Real EstateIntroducing yet another chapter in the unfolding story that is Lake Las Vegas real estate. Pardee Homes presents the Tuscan inspired Bella Fiore in four distinct floor plans ranging from 2,822 square feet to 4,376 feet. Pricing begins in the low $700’s. This exciting neighborhood of Lake Las Vegas homes features the signature design of the entire Lake Las Vegas master-plan, Mediterranean-style architecture. Interior features are expressed in an atmosphere of dramatic open spaces and volume ceilings. Every Bella Fiore home is built to earn the Environmental Protection Agency’s Energy Star rating. Your exterior amenities? How about life in the Lake Las Vegas community! Enjoy Montelago Village, The Ritz-Carlton, The Hyatt Regency, numerous golf courses, live jazz on the lake and a multiplicity of signature luxuries that make Lake Las Vegas one of the most unique and exclusive master-plans in America. Interested in learning more? MS Las Vegas Real Estate has been doing business in Lake Las Vegas for almost ten years and we’re fully prepared to introduce you to every aspect of this outstanding residential environment.

Modern Loft Living Las Vegas Style at Vantage

Saturday, June 3rd, 2006

Las Vegas luxury homes are increasingly available in a much wider array of designs. A perfect example of this is Vantage Lofts. Until very recently, nothing of this distinctly urban style was available anywhere in the Las Vegas valley. Vantage features the very latest in modern loft design, sleek and elegant, yet comfortable and inviting. Choose between one and two bedroom flats ranging from 1,006 to 1,534 square feet. Alternately, indulge in the spaciousness of two-story lofts ranging from 1,712 to 2,812 square feet. Amenities include resort-style pools with hot tubs and comfortable outdoor lounge areas. Vantage also provides residents with a private clubhouse that includes a gym, theater room and indoor lap pool. Enjoy stunning views of the Las Vegas Strip through 20 foot floor-to-ceiling windows from the privacy of your new luxury loft. Vantage is yet another example of the exciting residential opportunities emerging in the Henderson real estate community. Call MS Las Vegas Real Estate at 888-349-2595 for more information.

Henderson Luxury Homes at Monarch Ridge Estates

Saturday, June 3rd, 2006

Monarch Ridge Estates Las VegasHenderson real estate is about to provide yet another unique opportunity to enjoy a luxury lifestyle in Southern Nevada. Introducing the private luxury enclave of Monarch Ridge Estates. Located just one mile from the Lake Las Vegas community, Monarch Ridge offers a total of seven design choices within an exclusive neighborhood that will total just fifteen Henderson homes. These beautiful luxury estates range from 4,000 to 6,500 square feet and will occupy lots ranging from three-quarters to just over one acre. The residences themselves have been conceived to reflect the architectural character and styling of early Santa Barbara, Spanish Mission, Santa Fe and Tuscan. The elegance and unique character of the neighborhood is enhanced by hand-forged entry gates and distinctive landscaping throughout. Sound enticing? Contact MS Las Vegas Real Estate for more information at 888-349-2595.

Why you should NEVER go to a new home tract without a real estate agent!

Friday, June 2nd, 2006

Red Rock Canyon Realty Real Estate Agent Angela EyerWould you defend yourself in court without your own lawyer present? You probably wouldn’t try and operate on yourself either right? So why would you enter into a real estate transaction without professional help and guidance from a licensed real estate agent? If you are buying a home, you are represented FOR FREE! The developer of the home you are buying pays the real estate agents fees.

Angela Eyer (pictured at left), of The Sterling Team at Red Rock Canyon Realty, explains to us why you should NEVER go to a new home tract without taking your real estate agent along with you:

Walking into a new home salestraq can be intimidating and uncertain experience.

If the buyer gets representation from a real estate agent who does not work for the builder, they are getting their needs looked after. The salespeople at the new homes salestraq are looking after developers best interests, not yours.

If bring your own real estate agent with you, they can make sure there are no hidden fees, or technicalities, that could cause you to lose the home, or not be able to afford a home that was thought to be the right price. Education up front in the new home sales buying experience is as relevant as the information and representation that you receive from your REALTOR. Without it, you are at the mercy of the builder and their terms. Our new home sales experience has shown without a doubt to have benefited our clients throughout the entire transaction.

Builders basically do whatever they like, and buyers generally have very little they can do to get them to perform if they are unhappy with the builders actions to date. A good Realtor will keep those builders in line. A Realtor is like an insurance policy that offers their representation and considerable experience for free as he is paid by the builder and not the buyer. It costs you nothing.

Angela Eyer is one of the top producing agents on The Sterling Team. If you’re shopping for a new Las Vegas home, make sure to contact her right away! Her contact information is as follows:

Angela Eyer
Email: angelaeyer@mslasvegasrealestate.com
Toll Free: 888-349-2595
Direct: 702-296-4658

Title Companies and Real Estate Closings in Las Vegas

Thursday, June 1st, 2006

Las Vegas Real Estate Agent Jackie HarrisIn Las Vegas, home closings are handled by Title Companies, not real estate attorneys. In fact, it’s extremely rare for real estate attorneys to be involved in real estate transactions at all.

Sterling Team Member Jackie Harris (pictured at left) offers some insights into the process of closing on your home in Las Vegas:

Title companies take care of the exchange of property between the seller and buyer. They are a group of people with designated responsibilities to make sure the title of the property is clean and has no liens attached to it. The escrow officer is the person responsible for making sure the file is put together accurately, all agreements are met according to the contract, and all documents are in order. Title companies also take care of the disbursements of all funds after money is received from the lender at closing. They also take care of recording the deed before the buyer takes possession of the property.

The buyer is given the choice of which title company to use, but sometimes the seller makes a request to use a specific company of their own choosing. Real estate agents perform a liason function between buyers, sellers and the title company. The agents make sure the title company receives contracts, addendum’s, contingencies, and earnest money.

Thank you Jackie for those helpful insights into how Title companies work and operate.

If you have any questions on Title companies, or real estate in Las Vegas, please contact Jackie directly with her information provided below:

Jackie Harris
Email: jackieh@mslasvegasrealestate.com
Toll Free: 888-349-2595
Direct: 702-561-1262