Archive for the 'Las Vegas Real Estate' Category

This Week in Las Vegas Real Estate

Saturday, May 10th, 2008

Opportunity continues to present itself in the Las Vegas real estate market! Home prices continue to fall and properties owned by banks and lenders accounted for more than half of the homes sold in April.

We are seeing many banks purposely pricing under market value in order to entice Buyers to take action. It seems to be working. It appears that if a home is in a decent area, in good condition and under-priced it will sell in a matter of days and there will be multiple offers. These types of properties are not staying on the market long!

In addition to very aggressive pricing by the banks, interest rates have moved to the down side this week as well. 30-year fixed rates today were between 5.5% and 5.8%.

The combination of prices reminiscent of 2003-2004 and very favorable interest rates absolutely make a strong case for purchasing a Las Vegas home right now!

Las Vegas Real Estate: Preparation for the Offer

Friday, May 2nd, 2008

Let’s assume that we just previewed Las Vegas real estate all week and you found the property you want to make an offer on. Now what? What do you need to have with you in order to be prepared to submit your offer?

• Checkbook – For Earnest Money Deposit (Foreign Nationals or Sight Unseen Buyers may wire transfer within 24 hours of accepted offer)

• Getting a loan? Pre-Approval letter from a local lender.

• Purchasing with cash? Proof of funds, either a letter from the bank printed on bank letterhead or a print-out of your bank statement with the account number blocked out.

Also - it’s critically important to understand your financial overview realistically. What monthly payment fits into your budget? Don’t forget to include extra items such as taxes, homeowners insurance, homeowner association dues, etc.

Additionally - it’s important to be clear about how much money is needed for closing (down payment, escrow fees, etc).

It’s also prudent to start thinking about the logistics associated with an accepted contract. Consider these issues as you move forward towards the purchase of your new Las Vegas home.

• Recommended – A home inspection
• Recommended – An insurance quote from your insurance agent (request a copy of the CLUE report)
• Recommended – A home protection plan
• Final Walk Through
• Closing and Settlement Appointment
• Moving Dates

New Lower Prices at the Tuscany Residential Village

Tuesday, April 29th, 2008

The Tuscany Residential Village is a master planned golf community located in the southeastern section of the Las Vegas Valley. Guard-gated and beautifully landscaped throughout, Tuscany is anchored by the Botticelli Marketplace, a 35,000 square foot Recreation Center and the 6,906 yard Tuscany Golf Course. Tuscany Village Association fees are currently a very reasonable $140 a month and there are no SID/LID fees.

New pricing has just been announced for the Zanetti neighborhood of Rhodes Homes at the Tuscany Village. The new Zanetti pricing on its five floor plans starts at just under $200,000 for a single-story two bedroom home with two baths, great room, gourmet kitchen island and two-car garage. Each Tuscany home at Zanetti is offered with optional French doors in the master bedroom and a fireplace in the living room. Options for additional bedrooms, cabinets, laundry sinks and linen closets are offered per plan.

The Michelle Sterling Las Vegas Real Estate Team invites you to contact our Tuscany real estate specialist Michael Antos for further information on this beautiful Henderson golf community. He can be reached at 888-349-2595 or 702-373-3240 at your convenience.

The Continuing Attraction of Summerlin Real Estate

Thursday, April 24th, 2008

Despite the fact that Las Vegas real estate is going through a painful adjustment, the master-planned community of Summerlin homes continues to impress and inspire. Summerlin currently boasts more than 95,000 residents after commencing development 18 years ago. Master-plan amenities include nine golf courses, upscale shopping centers, high-end boutiques, restaurants galore in every price range, cultural facilities, prestigious office parks and more than 100 actively selling floor plans. The market for both new and resale Summerlin real estate is among the most active in Southern Nevada.

Outdoor recreation activities are the hallmark of the Summerlin residential experience. The community is home to more than 100 parks (many with fantastic ball fields) and nearly 150 miles of desert-themed trails for walking, jogging and cycling. Nearby Red Rock Canyon National Conservation Area provides scenic and challenging hiking, mountain biking and rock climbing. Ready to hang up the sports equipment and hang-out in the middle of some traditional Las Vegas action? Jump on Summerlin Parkway or the I-215 Beltway and it’s a 20 minute ride to the Las Vegas Strip. Once you hit Las Vegas Boulevard…anything goes…

Las Vegas Real Estate: International Investors Make Their Play on a Wide Open Field

Monday, April 14th, 2008

The current exchange rate environment combined with radical repricing in the residential market make the Las Vegas investment opportunity highly attractive for international investors. For overseas players with deep pockets and realistic time frames, today’s conditions provide the “perfect storm” in which to make their moves. Internationally recognized as the global capital of opulence, decadence and entertainment, no one doubts the long-term future of Las Vegas as a money maker from virtually every point of view (residential real estate included). The numbers tell the story best; excellent population growth, massive investment in new strip resorts, job creation that other cities could only dream of and dirt cheap prices due to rampant speculation by the uneducated masses. Sophisticated financial operators make their careers by striking aggressively in these very types of circumstances. Different players are making their moves in different aspects of the market. Major builders have dangerously overextended themselves and are now forced to offer incredibly attractive terms on new Las Vegas homes. The market for high rise Las Vegas luxury condos? It’s a highly opportune time for aggressive negotiation as yesterday’s pie-in-the-sky buyers squirm and beg to get out of their contracts and units fall into repossession left and right. The market for resale Las Vegas homes? Considering the fact that almost 50% of homes for sale are vacant and Las Vegas foreclosures are among the highest in the country, the opportunities on the buy side are simply huge.

Michelle Sterling Team member Michael Antos is more than qualified to represent foreign national investors. With an extensive portfolio of international clients, you can expect Michael’s in-depth experience and negotiating skills to play a critical role in maximizing your Las Vegas real estate opportunities. He can be reached toll free at 888-349-2595 or michaelantos@mslasvegasrealestate.com

It’s All About the Opportunity - Part II

Friday, February 15th, 2008

The hits just keep on coming! There is so much positive news about the current strength and future potential of Las Vegas, Nevada that we’re just going to make a list because the data speaks for itself. One record after another was broken in 2007 and the next five years look stellar. Take a look for yourself….

1) 2007 sets a new all-time record for visitors to the hottest vacation/business destination on the planet. 39.2 million people showed up to do the “Vegas thing” last year, an increase of 300,000 from the previous record.

2) The 2007 visitation record was the FOURTH YEAR IN A ROW that we set a record for tourist attendance. What else can you say?

3) Las Vegas tied the all-time room occupancy record (first set in 1996) in 2007 by posting a breathtaking figure of 90.4%. Why breathtaking? Average hotel occupancy percentages on the Las Vegas Strip are a stunning 27 points higher than the national hotel-industry average.

4) It should be no surprise that Gaming Revenue set a new all-time record as well. A cool $10.9 billion hit the casino cages across Clark County in 2007. Nice work if you can get it!

5) $40 billion worth of new hotel/resort development is slated for completion between now and 2012, with 9,000 (out of a total of 40,000) new hotel rooms coming on-line in 2008 alone. How many new jobs might 40 billion dollars and 40,000 hotel rooms generate? About 110,000…give or take.

6) Entrepreneur.com recently featured Las Vegas, Nevada as one of the four “Top Places to Buy” residential real estate in the entire country for 2008. Go figure…

7) Just last week, Forbes.com saw fit to include Las Vegas real estate in their Top 10 List of “Best Cities for Bargain House-Hunters”. What a surprise…

Las Vegas Homes: It’s All About the Opportunity

Tuesday, February 5th, 2008

**The foreclosure problems in Las Vegas stem from the unaffordable terms of the mortgages themselves, rather than from local economic conditions** CNN Money.com

The Las Vegas real estate market is TEMPORARILY DISTORTED due to outrageously incompetent LENDING parameters from 2003 through 2006…..

This is a CRITICAL issue to clearly understand. Las Vegas real estate represents a tremendous opportunity for savvy buyers that understand fundamental value. Buyers are firmly in control (for now) and scoring fantastic deals on Las Vegas homes left and right. Major market corrections necessarily provide outsized opportunities for smart operators that didn’t fall for the hype and borrow money (mortgages) that made NO sense.

The underlying economy in Southern Nevada is structurally sound and about to get stronger than ever. The article link at the bottom of this post makes the case for future strength very persuasively. Not enough to convince you? Drive down the Las Vegas Strip and count the construction cranes. Don’t live anywhere near Las Vegas at the moment? Google Earth will show you everything you need to see!

Buyers who wait in 2008 will stand in line in 2009

The Las Vegas Business Press just published an article aptly named The Boulevard Formula by Howard Stutz. It’s well worth your time to read.

Click Here to Enjoy this Highly Informative Article

The Ridges in Summerlin Debuts Club Ridges

Tuesday, February 5th, 2008

The Ridges could well be considered the crown jewel of luxury real estate in Summerlin. This exclusive guard-gated community features some of the most dramatic and stunning natural topography in Southern Nevada and offers unparalleled views of the entire Las Vegas valley. It was just a few years ago that Forbes magazine named The Ridges in Summerlin as one of the three most exclusive gated communities in the entire country. Since then, The Ridges has continued to distinguish itself by adding to the already spectacular selection of amenities. Case in point; Club Ridges, a private fitness facility for the exclusive use of Ridges’ residents. The new clubhouse measures nearly 9,000 square feet and includes a 2,400 square-foot fitness room as well as a 1,300 square-foot aerobic area. Exterior amenities include five lighted tennis courts, including one championship court, a family style resort pool and a year-round, 82-degree, heated lap pool. Michael Antos from The Michelle Sterling Las Vegas Real Estate Team is your trusted source for guidance and advice in The Ridges luxury golf community. He can be reached at 702-373-3240.

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 Realtor.com. 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 Bankrate.com’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 Carbonfund.org 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.

Southern Nevada Water Authority Promotes Water Conservation and Backs it with Cash

Saturday, December 29th, 2007

It’s way past time to face the simple fact that “green grass” lawns are not compatible with a responsible and environmentally conscious lifestyle in the desert southwest. The Colorado River, water supplier to 25 million people in the western United States, is now in it’s eighth year of the worst drought in a century, with no end in sight. Fortunately for Las Vegas residents, the Southern Nevada Water Authority (SNWA) is taking a highly pro-active approach to the issue of water conservation. Despite the size and opulence of water-based attractions on the Strip, the truth is that residential use accounts for 59% of the drinking water absorbed in Greater Las Vegas. Unfortunately, a sizable amount of this usage is sprayed as irrigation water on “green grass” lawns.

For the last eight years, the SNWA has been promoting a voluntary program whereby residents of Las Vegas homes actually get paid to replace their grass with water-efficient desert landscaping. To date, more than 21,000 homeowners and 2,800 businesses have participated. How much progress has the Water Authority made? The SNWA program is responsible for eliminating 86 million square feet of grass in Southern Nevada at a cost of $76.6 million. Water conservation is serious stuff in the desert southwest as you can readily see from these numbers. Of course, the most important number is the 17.5 billion gallons of water that has already been saved by converting grass lawns to desert-friendly shrubbery and plants. Wow, talk about results.

Project CityCenter Las Vegas

Friday, September 7th, 2007

Project CityCenter is a 76-acre mixed use development on the Las Vegas Strip between Bellagio and the Monte Carlo. It carries the distinction of being the largest privately financed development project in the United States. MGM Mirage (developer of CityCenter) recently made the announcement that a 50/50 partnership for CityCenter has been established with Dubai World, the holding company that represents the business and investment portfolio of the Dubai government. Here are some interesting facts about Project CityCenter and the pace and scale of daily construction activity….

  • The daily power bill on site is about $300,000.
  • Construction costs are currently running about $4 million a day and will increase to $7 million soon.
  • Approximately 4,000 people work the job site. This will be increased to 7,000 by March.
  • There are 26 months left to complete construction.
  • One third of buyers are Las Vegas locals and another third come from California.
  • Project CityCenter has clocked $1.4 billion in sales so far!
  • Las Vegas luxury high rise condos have rapidly risen to world-class stature by every conceivable measurement. The transformation of the Las Vegas Strip corridor into a fully functioning metropolitan environment is nothing short of astounding. Las Vegas, Nevada is the next great American city!

    Las Vegas New Homes: What a Great time to Buy!

    Wednesday, August 29th, 2007

    Builders are scaling back on the production of new Las Vegas homes in response to a multiplicity of market-based realities. Reduced construction activity for new homes in Las Vegas is being caused by a combination of paltry consumer demand, an explosion in the inventory of resale homes for sale and the increased difficulty in getting reasonable financing terms for some borrowers. Consider these statistics from Home Builders Research:

    “For only the second time since January 1992, homebuilders took out fewer than 1,000 permits in a month, according to Dennis Smith, president of Home Builders Research. In July, 859 permits were issued, bringing the seven-month tally to 10,140. That’s a year-to-year decrease of 36 percent, the lowest total through July since 1993, Smith said.”

    What this means of course is that builders are moving aggressively to bring supply and demand back to a more appropriate balance. Another way in which this is being accomplished is for builders to aggressively trim existing inventory. Las Vegas new homes are being marketed to SELL as never before. Builders are doing WHATEVER IT TAKES to shed excess standing inventory. This includes generous contributions to closing costs, thousands of dollars in upgrades and incentives and in many cases, lowering prices outright. Contrary to the media-hype, prospective buyers with solid credit histories are still able to obtain mortgages, often from the builders’ preferred lender at attractive terms.

    The Michelle Sterling Las Vegas Real Estate Team keeps a finger on the pulse of the new homes market on a daily basis. We are in constant communication with new home sales offices all across the Las Vegas Valley. As Buyers Agents, we provide comprehensive representation and in-depth knowledge of market conditions at NO COST to you whatsoever. The BUILDER at every new home community in Las Vegas pays our fees, not you. Can a builder cut you a sweeter deal if you forgo our representation and work directly with their sales agents? Nope, it’s against the law, as well it should be. The job of a new home sales agent is to get the best deal for the builder. Our job is to get the best deal for YOU. It’s not the kind of advocacy that you would want to go without. Our services are at your disposal.

    Summerlin Real Estate at Reverence: Ecologically Sensitive Residential Development

    Wednesday, August 29th, 2007

    Summerlin real estate welcomes a new “green living” community to the master-planned family in 2008 called Reverence. Reverence will encompass 300 acres and be located at Cheyenne Avenue and the Las Vegas Beltway. The most exciting aspect of this new Pulte development will be the environmentally conscious techniques that will be employed to construct both the Summerlin homes and the Reverence common areas. For example, Reverence will meet the Southern Nevada Water Authority’s criteria to qualify as a water-smart community, with features such as drought-tolerant landscaping and water-sipping plumbing fixtures. Pulte will also design Reverence’s 13,500 square-foot recreation center to qualify for the U.S. Green Building Council’s Leadership in Energy and Environmental Design program. In fact, the Summerlin master-plan was the first in Las Vegas to institute large-scale desert landscaping in common areas and the banning of grass in front yards. Water conservation is one of the most pressing challenges facing Southern Nevada as it looks to the future and Summerlin has been a consistent leader on this issue. Green living at Reverence in Summerlin, perfect for an environmentally respectful lifestyle that strikes the proper ecological balance.

    Inspirada Real Estate: Time for a Road Trip!

    Tuesday, August 28th, 2007

    Toll Brothers at Inspirada has invited the Michelle Sterling Las Vegas Real Estate Team out to their exciting new master-planned community for lunch and a tour this Wednesday. We were more than happy to accept. The Inspirada real estate community features a total of seven residential villages, each with a distinct lifestyle theme. Every Inspirada village will have a central park of it’s own and the entire community will be tied together by 20 miles of trail systems. A 300-acre Town Center will serve as the central hub for owners of Inspirada homes. Aptly named Civita, the Inspirada Town Center will be filled with restaurants, shops, nightlife venues and outdoor cafes in a design that is thoroughly urban in character. Toll Brothers at Inspirada boasts 20 different luxurious Henderson home designs. These elegant single-family homes, townhomes, and condominium homes are represented in 5 very unique and magnificent home collections. Many of these home designs are new and were created just for Inspirada. We can’t wait to spend the afternoon touring each Toll Brothers community and increasing our knowledge base. Our job is to be fully versed in the Las Vegas real estate market and we take that responsibility very seriously. Our clients demand it, as well they should.

    The Federal Housing Administration: Possible Assistance for those facing Foreclosure?

    Thursday, August 23rd, 2007

    The Federal Housing Administration (a little known federal mortgage insurer) is suddenly finding itself in the limelight as the pressure of foreclosure, especially for moderate income homeowners, continues to build across the country. President Bush and Treasury Secretary Henry Paulson are getting behind proposals to enhance the ability of the Federal Housing Administration to more actively assist those facing foreclosure. The administration is looking to FHA to offer refinancing options to homeowners, including those who aren’t yet in default or foreclosure, but who are at risk of falling behind in their payments. As you can imagine, there is plenty of enthusiasm in Congress for this approach as well. It’s highly probable that FHA reform measures will take center-stage when Congress returns from the August recess. What kind of reform is needed? Current FHA guidelines restrict the agency from being more pro-active due to limits on the size of the loans it can insure as well as specific requirements that borrowers must meet to be eligible for assistance. The idea is to loosen current FHA restrictions and provide additional tools so the agency can be more responsive to current residential market conditions. The Las Vegas real estate market is certainly no stranger to the current spike in foreclosures nationwide. This blog will be monitoring future FHA developments closely and we’ll let you know how it goes.

    Nevada’s Construction Industry: Busier than Ever!

    Wednesday, August 22nd, 2007



    With residential real estate in Las Vegas finally taking a breather after years of hyper-growth, attention is now turning to the ongoing boom in commercial construction. How significant is the continued growth? In 2007, construction activity statewide will add up to roughly $9 billion in spending (according to McGraw-Hill). Construction is the state’s second largest employer and constitutes about 11% of the total workforce. The construction industry contributes $5.1 billion annually in salary and hourly wages and generates a whopping $14.7 billion in overall economic activity. Current and scheduled projects run the gamut from hotel/casino construction to public infrastructure improvements to office park development. On the Las Vegas Strip alone, the backlog is an amazing 35.5 billion dollars in construction projects slated for completion between now and 2011. This includes over 42,000 additional hotel rooms and 3.5 million square feet of additional convention space. Make no mistake about it, the business of Las Vegas is business, and no city in the world can compete with our ability to accommodate guests and stage world-class business/conference functions of every size. From Project CityCenter to World Market Center and everything in between, Las Vegas continues to amaze and inspire as the leading metropolis of the 21st century.

    Spanish Trail Golf and Country Club: 27 Holes of Private Luxury and a $15 Million Facelift

    Monday, August 20th, 2007



    Las Vegas luxury golf homes at Spanish Trail provide a unique opportunity to become part of a private enclave of golf-inspired grandeur. Here you’ll find the only “members-only” 27 hole layout (in southern Nevada) designed by prestigious architect Robert Trent Jones, Jr. Originally founded in 1984, the Spanish Trail Golf and Country Club is in the midst of a $15 million renovation that includes a major upgrade to the clubhouse, new staff enhancements and significant course improvements. The clubhouse will be completed in November under the guidance of interior designer Herb Press. Spanish Trail real estate, already the luxury golf community of choice in Las Vegas for the wealthy and powerful, will be a direct beneficiary of these extensive renovations. Spanish Trail Country Club offers golf memberships, social memberships and junior memberships and we encourage you to consider your purchase before prices increase at the end of the year. MS Las Vegas Real Estate has been presenting Spanish Trail homes for sale for over a decade. Our in-depth knowledge of this spectacular Las Vegas luxury golf community is at your disposal.

    Boost the Appeal of your Las Vegas Home with Simple Landscaping Tips

    Friday, August 17th, 2007


    You know what they say, you never get a second chance to make a first impression. This is especially true as a potential buyer pulls up to the curb to take a first look at a Las Vegas home for sale. As much as they may be focusing on the interior amenities, outward appearance can and does have a powerful effect on the overall impression. It’s a proven fact that attractive and well-kept landscaping creates a positive image and sets your Las Vegas property apart from others in your neighborhood. Consider these easy-to-implement ideas:

    * If you have a partial or full grass lawn, you’ll want to use an environmentally friendly fertilizer to enhance the color, texture and appearance.

    * Unnecessary clutter of any kind is a big no-no. Weeds are most certainly included, as are toys, tools and anything else that doesn’t look neat.

    * If you have attractive shrubs, make the most of them by trimming and shaping on a regular basis.

    * Go shopping! Las Vegas has a number of high-quality nurseries that can assist in the selection of bright and colorful additions to your landscaping presentation. You’ll be surprised at how many desert-hearty choices you’ll have.

    The Michelle Sterling Team at Prudential Americana is available for free consultations on staging your Las Vegas home in the most attractive way possible. Las Vegas real estate is our passion as well as our profession and we would thoroughly enjoy the opportunity to meet with you at your convenience.

    The National Association of Realtors: Taking Action on Deceptive Lending Practices

    Friday, August 17th, 2007

    You would have to be completely “unplugged” from every conceivable outlet of 21st century media to miss the fact that the home lending industry is going through a serious crisis nationwide. The stock market has lost upwards of 1,000 points over “liquidity concerns” and over 120 mortgage lenders have shut their doors. A significant component of the lending drama concerns the issue of abusive lending practices in the “subprime” mortgage market. The National Association of Realtors® recently sent a letter to the Federal Reserve System Board of Governors that specifically addressed ongoing NAR efforts to combat unfair, deceptive and abusive mortgage lending acts and practices. In the words of the NAR, “The Fed must act responsibly to protect consumers, and NAR pledges its support. We champion the principle that all mortgage originators should act in ‘good faith and with fair dealings’ in all transactions, just as Realtors® are required by NAR’s Code of Ethics to treat all parties in the transaction honestly.” MS Las Vegas Real Estate salutes the NAR for pointing the spotlight on industry practices that result in borrowers getting trapped in abusive situations. We further agree with their position that existing lending guidelines are not enough to protect consumers as currently written. The guiding document as regards this issue is the (recently enhanced) NAR statement on Responsible Lending Principles.

    Desert Crest by Pulte Homes - Fantastic Buyer Incentives!

    Saturday, July 28th, 2007

    The Michelle Sterling Team at Prudential Americana Group, REALTORS has come across yet another fantastic deal in the Las Vegas real estate market. This time we have uncovered AMAZING deals at Desert Crest by Pulte Homes.

    Please remember to always take a licensed Realtor with you before going to a new homes sales office. The real estate agents working at a Las Vegas new homes office work on the behalf of the developer, not you! The licensed real estate agents on The Michelle Sterling Team would be more than happy to represent and guide you through every step of the home buying process - all at no cost to you! That’s right our representation is 100% free! The developer of the new home you are buying pays our fees!

    ***REMEMBER***
    AS A BUYER OUR SERVICES ARE COMPLETELY FREE TO YOU
    THE BUILDER/DEVELOPER OF THE
    HOME YOU ARE BUYING PAYS OUR FEES

    DON’T FORGET - THE SALES AGENTS AT THE NEW HOME TRACT WORK ON THE BUILDERS BEHALF NOT YOURS!

    DON’T WAIT! GET PROFESSIONAL REPRESENTATION ABSOLUTELY FREE

    Deal #1 from Pulte Homes:

  • 1781 sq ft.
  • 3 bedrooms/2.5 baths
  • 2-car garage
  • Almond Gold Granite Countertop
  • Maple Toffee Cabinets
  • 18 X 18 Dal-Tile throughout and Mohawk Carpet
  • G.E. Stainless Steel Kitchen Appliances
  • Includes Side by Side Refrigerator and Microwave
  • G.E. Washer and Dryer
  • 2” Faux wood blinds on all windows
  • 30-day move-in
  • The price with all the upgrades is $303,715 but Pulte Homes is currently offering an incentive of $35,000 which can be taken directly off the price. That would bring the price to $268,715. The incentive can also be used to pay for closing costs or buy down the interest rate.

    Deal #2 from Pulte Homes:

  • 2191 sq. feet
  • Lot 75
  • 3 bedrooms /2.5 baths
  • 2-car garage w/ door opener and keyless entry
  • 2” Faux wood blinds on all windows
  • Absolute Black Granite Countertops
  • G.E. Stainless Steel Kitchen Appliances
  • Includes Side by Side Refrigerator and Microwave
  • G.E. Washer and Dryer
  • Maple Toffee Merrilat Cabinets
  • Beautiful Upgraded Flooring
  • September Move-in
  • The price is currently $338,815 but Pulte Homes is offering an incentive of $35,000 which can be taken directly off the price. That would bring the price to $303,815. The incentive can also be used to pay for closing costs or buy down the interest rate.

    A LAS VEGAS REALTOR IS STANDING BY FOR YOUR CALL

    CALL NOW FOR
    IMMEDIATE ANSWERS TO YOUR QUESTIONS
    888-349-2595
    FREE INFORMATION - NO OBLIGATION

    click-to-call from the web

    Meet Christina “Cova Chick” Cova - Las Vegas Real Estate Agent Extraordinaire

    Friday, July 27th, 2007



    Here is a snippet of the biography of Las Vegas real estate agent Christina Cova:

    “Originally born & raised in Southern California, I’m happy to call Las Vegas my home for the past 10 years. I never dreamt that I’d end up in a city like Las Vegas, but now I couldn’t see myself anywhere else. Las Vegas is always outdoing itself with the very best in entertainment, dining and shopping! I love checking out the latest restaurants and the newest shows that come to town. I also enjoy the times with my family when we venture away from “The LV Strip” to jet ski out at Lake Mead, play in the snow at Mount Charleston or just relax and catch the latest movie!

    Las Vegas has offered me endless opportunities, both personally and professionally. I’m proud to have graduated from the Business College at the University of Nevada Las Vegas where I received my bachelor’s degree in Management. Seeing real estate as my long term career, I was driven to pursue and obtain my Broker/Salesperson license. I have also completed an accreditation course in buyer’s representation that provides me with additional training in working specifically with buyers.”

    Interested in learning more about Christina? Click HERE to view her full biography and contact information!

    PGA Fall Expo 2007 - Las Vegas Style!

    Thursday, July 26th, 2007

    The PGA Fall Expo 2007 is coming to Las Vegas on September 11 and 12.

    The 2007 PGA Fall Expo will feature networking, exhibitors, special events, demo day, and a golf tournament, all at the most convenient location the Mandalay Bay Resort and Casino.

    If you are going to the Expo and are interested in Las Vegas golf real estate please contact the Michelle Sterling Team at 888-349-2595. It would be our pleasure to give you a guided tour of the greatest Las Vegas golf communities that our city has to offer.

    A LAS VEGAS REALTOR IS STANDING BY FOR YOUR CALL

    CALL NOW FOR
    IMMEDIATE ANSWERS TO YOUR QUESTIONS
    888-349-2595
    FREE INFORMATION - NO OBLIGATION

    click-to-call from the web




    Michelle Sterling, ABR
    Las Vegas Real Estate
    Prudential Americana
    Group Realtors ®

    7475 W. Sahara Ave.
    Suite 100
    Las Vegas, NV
    89117

    Toll-Free: 888-349-2595
    Direct Line: 702-315-7544
    Cellular: 702-349-3009

    Email:
    ms@mslasvegasrealestate.com