Condo hotels have had great success and failure through out the United States with in the last decade or so. New to Las Vegas Condo Hotels offer a unique way for investor and vacation home owners to take part in some of the action and receive some awesome results. Currently we have 4 major Condo [...]

Contrary to what the local doom and gloom media reported yesterday, Las Vegas home prices didn’t “plunge” 28.4% in May.  Can someone please help their writers get this right?  On three accounts (that I see…though there are bound to be far more) they blatantly distorted the facts to appear far worse than the numbers truly [...]

The Las Vegas Real Estate Blog is undergoing massive changes to increase functionality and user friendliness. Please excuse the lack of information at the moment - I am actively testing and updating the site live.
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I received word earlier this afternoon from my Las Vegas Account Executive with IndyMac that they are shutting down their wholesale lending line. Reportedly, more than half of their work force (7,200) are being let go.
I remember some of the mortgage products IndyMac specialized in…Low-Doc, No-Doc and Stated Income with sprinkles on top. [...]

If you haven’t yet been over to The Frothing Developer’s website, www.frothingdeveloper.com, then you’re missing a wonderful angle & unique viewpoint on the Las Vegas real estate market. Alex Edelstein, CEO of Gemstone Development refutes, debunks, and demystifies what the national and local press have to say about the Las Vegas real estate market. [...]

It’s an absolute shame. As if devaluing Las Vegas neighborhoods through foreclosure wasn’t enough, uncaring and vicious homeowners are adding insult to injury by tearing up & defacing their foreclosed homes, further devaluing the property. You won’t believe your eyes when you see one Las Vegas man ravaging his home and disemboweling it - [...]

Thanks to the Associated Press for supplying this YouTube video.
Hundreds have been swept up across the nation for mortgage fraud & other fraudulent activity related to the mortgage industry. Even two Bear Stearns Hegde Fund managers were cuffed up & led on a mid-day perp walk after investigations revealed that they were aware of [...]

Check out the information about the Las Vegas real estate market provided by SalesTraq. Existing home sales showing strong increase. New home sales still on the wane.  Read a more in depth article at the Las Vegas Review Journal.  Resales pass 2,600 units for first month since March ‘07; new-home sales stall

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Doom and gloom surrounds the local and national real estate headlines, but pending and contingent sales figures have seen a dramatic increase (as noted in other posts). Similarly, high-end luxury homes in Las Vegas have not seen a decline in value, but rather a dramatic increase. Ultra high-end luxury homes are considered homes [...]

This article about an entity of Harcourt Developments of Ireland moving to dismiss the $1B Sullivan Square Suit filed against them by Sullivan Square Harcourt LLC, an entity of locally based Glen, Smith & Glen Development may be found by visiting the link below. Thanks to the Author, Brian K. Miller of GlobeSt.com
Harcourt Moves [...]