Archive for January, 2008

Las Vegas Ski & Snowboard Resort: No Kidding!

Wednesday, January 30th, 2008

Would you believe that Las Vegas offers great skiing and snowboarding just 45 minutes from the MGM Grand? When I try to tell people this they think I’m just kidding around. But the Las Vegas Ski and Snowboard Resort is the real thing, with a base lodge that sits at 8,500 feet while two main chairlifts take skiers and snowboarders up another 1,000 feet. Believe it or not, you can see the snow capped summit from the Las Vegas Strip, provided you actually leave the blackjack table and go outside! The ski resort is located within the Humboldt-Toiyabe National Forest and operates under a special-use permit of the U.S. Forest Service.

Enough about the location, how are the conditions? For starters, even though Las Vegas receives 325 sunny days a year from mother nature, that still leaves 40 days a year for other weather conditions. Case in point; LV Ski & Snowboard reports 31 inches of new snow over the last 5 days! The current base is 57 inches of packed powder and February and March are the best months of the year for new snow. The resort also features The Big Horn Cafe, The Bristlecone Bar and The Sports Shop with a full selection of high-quality rental items. Snow enthusiasts can choose from 11 total trails and a 500 foot intermediate half-pipe.

Although many people don’t realize it, one of the best reasons to purchase a new Las Vegas home is the wide range of outstanding opportunities across Southern Nevada to enjoy outdoor sports. The Michelle Sterling Las Vegas Real Estate Team is fully prepared to present every facet of our outstanding city. Give us a call at 888-349-2595.

The Palazzo Las Vegas Opens with Great Fanfare and 7,550 Great New Jobs!

Wednesday, January 23rd, 2008

The Las Vegas Strip formally welcomes The Palazzo to the neighborhood. Soaring 50 stories skyward at the corner of Las Vegas Boulevard and Sands Avenue, The Palazzo topped-out at $1.9 billion by the time they opened the doors. What’s the draw? Bling bling baby, but in an elegant and somewhat understated way. As you would expect, The Palazzo provides world-class restaurants and palatial shopping led by the flagship of the property, Barney’s New York. In addition, 20 luxury brands make their Las Vegas debut at The Palazzo, including Chloe, Tory Burch, Christian Louboutin, Diane Von Furstenberg, Van Cleef & Arpels, Catherine Malandrino, Anya Hindmarch and Michael Kors. Not enough? Roll with Jay-Z at 40/40 Club, relax at the world’s most opulent Canyon Ranch Spa or score a new ride at the on-site Lamborghini dealership. The Palazzo Las Vegas exemplifies the ultimate in luxury and sophistication. Despite providing 3,000 spacious luxury suites, reservations are definitely recommended.

What about those 7,550 new jobs? Believe me, this is just the opening salvo in a five year expansion of historic proportions on Las Vegas Boulevard that will add over 100,000 units to the employment tally. The Michelle Sterling Las Vegas Real Estate Team couldn’t be more excited for the future of the residential real estate market in Southern Nevada. Just like politics, all real estate is local. It’s the economy, stupid! Everytime I hear that phrase I just smile because the Las Vegas economy is about to hit the afterburners for another multi-year speed trip. Not sure what I mean? Las Vegas builds massive resorts and mini-cities in 18 months or less. Once they’re open….they’re full….I mean 92% of the time, which was the 2007 occupancy rate, which is stratospheric. Economic meltdown? You should have been at opening weekend at The Palazzo!

The Michelle Sterling Las Vegas Real Estate Team at Prudential Americana Group, REALTORS

Tuesday, January 22nd, 2008

My partners and I brought our Internet Real Estate Team to Prudential Americana Group, REALTORS in October of 2006. During the process of deciding which Brokerage to affiliate our Team with, we quickly learned that Prudential Americana not only understood our operation and our business goals, but that they already had proven systems in place to help augment our business plans. During the interview process Prudential stood out as the forward thinking real estate company. No one else even came close to understanding just what it is we do, and in our world of Internet Real Estate, it is critical that we have a brokerage partner that is fully prepared to embrace, support and adapt to our rapidly changing business model.

New systems like Buyer Acquire and Online Seller Advantage are just two of the innovative tools that are already proving to increase customer satisfaction as well as lead conversion. Quality ongoing training for our Team of 13 Agents is a critical component of our success, as well as a key factor in our ability to attract progressive, productive agents to our Team. In the short time we have been at Prudential Americana, we have already added 5 top-shelf Buyers Agents. Our goal to steadily add high caliber agents is being met and exceeded because of the reputation and culture Prudential Americana creates everyday. It would be difficult to imagine a more positive real estate environment than Prudential Americana. The tools and systems they provide increases our productivity in very measurable ways every day, and the people and the culture make the real difference as well. For the Michelle Sterling Las Vegas Real Estate Team, Prudential Americana is home.

Brand New Las Vegas Homes: Great Prices and Great Interest Rates

Sunday, January 20th, 2008

The Michelle Sterling Las Vegas Real Estate Team has a motto for the new year……

Those who wait in 2008 will stand in line in 2009…..

What do we mean? The economic foundation of Las Vegas, Nevada is stronger than ever. The Las Vegas Strip (the engine of our growth) is slated to expand over the next five years to the tune of $40 billion in new hotel resorts. In case you were wondering, that’s 110,000 new jobs by 2012. You can read all about it on my supplemental Las Vegas real estate blog at 2008 is the year of opportunity for Buyers of Las Vegas real estate. Check out these deals! Get ‘em while they last……

Brand New Single Family Homes Starting at $153,990 !!

$153,990 – 1,136 sq ft – 2/2 – North
$169,965 – 1,271 sq ft – 2/1 – East
$174,990 – 1,553 sq ft – 3/2 – Northwest
$179,990 – 1,203 sq ft – 2/2 – Northwest
$184,990 – 1,612 sq ft – 3/2 – North
$189,990 – 1,209 sq ft – 2/1 – East
$189,990 – 1,115 sq ft – 2/2 – East
$192,950 – 1,462 sq ft – 3/2 – North
$193,990 – 1,658 sq ft – 3/2 – Northwest

The rate of interest charged on a 30-year fixed-rate mortgage averaged 5.69% for the week ending Jan. 17, down from last week’s 5.87% average. The mortgage averaged 6.23% a year ago.

The 15-year fixed-rate mortgage, a popular refinance option, averaged 5.21%, down from last week’s 5.43%. The 15-year’s average rate stood at 5.98% a year ago.

In’s most recent mortgage survey, the 30-year fixed-rate mortgage averaged 5.75%, down from 6.31% in the December 26th survey. In fact, the 30 year rate has experienced the sharpest three-week decline in 20 years.

Summerlin Real Estate in the new Mesa Village

Sunday, January 20th, 2008

Expanding across 500 acres at the base of the Spring Mountains, the newest Summerlin Village is rapidly taking shape. Say hello to The Mesa, which you’ll find at the southern-most point in the Summerlin master planned community. In addition to several residential villages, The Mesa will be home to a 19 acre community park set for completion in 2009. The first community of Summerlin homes at The Mesa is named Ladera, which at full build-out will be comprised of 600 residences. Pricing begins in the low 200’s. Interested in learning more about The Mesa Village? Give us a call for a private tour at 888-349-2595.

Green Technology for Your Home at 2008 International CES in Las Vegas

Sunday, January 6th, 2008

The International Consumer Electronics Show hits Las Vegas this coming Monday. The world’s largest consumer electronics tradeshow is “going green” this year by showcasing earth-friendly technology at every opportunity. In addition, the show itself is going to great lengths to lead by example. For instance, CES organizers vow to reduce and/or offset the carbon footprint made by the trade-show, which features nearly 3,000 exhibitors and upwards of 200,000 attendees, by insisting on extensive recycling and improved energy usage. To further make their point, The Consumer Electronics Association has arranged with to offset the estimated 20,000 tons of carbon attributable to the four day CES extravaganza. Talk about dedication to this years theme!

The environmental benefits of home automation technology will be one of the feature aspects of the CES “green theme”. Numerous computerized smart-systems will be on display that reduce the amount of energy wasted in cooling, heating or lighting a contemporary home. The driving force is the notion of empowering environmentally conscious homeowners to take control of their household environmental footprint in order to manage it more efficiently. The goal is to take the “smart home” concept beyond the purview of tech-savvy custom luxury residences and bring the environmental benefits into the mainstream of home ownership. For example, a company called Lifeware will be showcasing its version of the “brain” at the centre of a smart home. Their product is a $2,500 home server, configurable from a computer or an entertainment system remote, that can talk to wirelessly linked light switches, thermostats and alarms. As you can imagine, Las Vegas homes (that sit in 105 degree heat for four months of the year) could really benefit from these energy-saving technologies.

Allure Las Vegas Ready for Occupancy

Thursday, January 3rd, 2008

Las Vegas high rise condos at Allure Las Vegas are ready for immediate occupancy. The first residents of the tallest luxury high-rise condominium building in Las Vegas (41 stories) are moving-in this week. Allure Las Vegas features 428 units and 15 distinct open floor plans with studio, one, two and three bedroom residences which range in size from 671 to 4,400 square feet. On-site amenities include private library and wine cellar, media room, business center, cutting-edge fitness and 24/hr valet and concierge. Residential features include granite countertops, GE stainless-steel appliances, Italian tile and European-style cabinets. The location of Allure Las Vegas (Sahara Avenue and Las Vegas Boulevard) couldn’t be better and the neighborhood is slated for a multi-billion dollar upgrade over the next five years. The north end of the Las Vegas Strip has become the new center of the action for luxury hotel-resort development and Allure residents are right in the heart of the activity. The spectacular new $3 billion Fontainebleau resort will be walking distance from the lobby of Allure Las Vegas and MGM Mirage has secured 34 acres right across the street from Allure for another CityCenter-style development. Interested in learning more about Las Vegas luxury condo opportunities? We’re standing-by for your call at 888-349-2595.