Archive for November, 2009
The Starwood Capital Group recently purchased several high-rise properties in Las Vegas through U.S. Federal Deposit Insurance Corp.’s asset auction of Corus Bank, a unit of Chicago-based Corus Bankshares. This deal is expected to have a huge effect on Southern Nevada’s luxury condominium market because of the scope and scale of Corus Bank’s local financial [...]
Superstar country singer, Garth Brooks, was lured out of semi-retirement by the casino mogul, Steve Wynn. By giving him a large paycheck together with perks, Garth Brooks have agreed to sign a contract to take a five year weekend residency and shows at the Wynn Encore in Las Vegas starting on December 11. This summer, [...]
Property investors are now slowly returning to US real estate market although there the project are smaller compared to the big projects they got years ago. According to the experts, investors who has extra cash and are willing to take risks are taking advantage of the opportunity while the prices right now are still low, [...]
This October, the mayor of Las Vegas, Oscar Goodman was invited as the keynote speaker of the Las Vegas Real Estate Insider Club. The house was packed during the said event and unfortunately, some of the guests that have not pre-registered was turned away due to the space constraints of the top floor of the [...]
In todays market the question actually seems to come up more often than before..”Is it better to Rent or Buy”? Even with the great loss in home owners equity the answer hasn’t changed. Let me explain. Most people who are renting only consider the difference between the amount of their monthly payment vs the amount [...]