This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (National Association of Residential Real Estate Investment Advisors). For the week of July 29, 2009, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available – 9,007 (-80 , Last Week 9,087
Under Contract – 10,888 (+117 , Last Week 10,771
Days of Supply – 25 (+0 , Last Week 25
Short Sales – 9,275 (+106 , Last Week 9,169

To view the Report CLICK HERE

lasvegasrealestatemt.blogspot.com/2009/0...

For More Information on Las Vegas Real Estate contact Makea Turner REALTOR, Certified Short-Sale Professional With Realty One Group (702) 542-1883 or you can email me TurnerMakea@cox.net You can also visit my website www.BuyOrSellLasVegasForeclosures.com

MGM's multi billion dollar development City Center has had it's name in the news allot this year and we are just getting started. MGM is still trying to locate it's final billion dollars to complete the massive development which will offer residential High Rise Condos, a Casino Resort with 4k rooms, world renowned shopping and dinning. MGM has definitely set the standard for the years to come with this enormous development. Below you will find a news clip of the latest developments from MGM's City Center development and also an insight to the offer made by Boyd Gaming to purchase some of Station Casinos properties. The offer made by Boyd is not a surprise even though Boyd has had to stall it's own multi billion dollar development on the strip called Echelon. The local High Rise Condo

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Since January 1st the Las Vegas High Rise Condo market has had 20 re-sale transactions. Half of those sales were in developments that are strictly residential and the other half were from Condo Hotel developments like MGM's Signature Towers. The new year has brought many challenges for our city to over come. Foreclosures have swept the valley leaving no community untouched. As previously reported there has been an increase in Bank Repossessions in our High Rise Condo market which in turn has made prices drop significantly making it an awesome time to purchase. Out of the ten strictly residential High Rise Condo re-sales 7 were bank owned properties which had an average Days On Market of 90 days. The 10 Condo Hotel re-sales that were recored had 7 Bank Repossessions as well with an average

Las Vegas Bank Owned Condos Under $50,000

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Are you in the market looking for an Investment Property for sale here in Las Vegas? There are deals out there too be found. I picked out the best deals on condos for sale here in Las Vegas under $50,000. Some of these properties are move in ready and other's need minor repairs.

Here is a link to view the best of the best condo deals Las Vegas has to offer. CLICK HERE to view the listings. Some of the condos will make great income properties. If you find a property that interest you call or email me and I will send you additional information on the property at your request.

Call Makea Turner of The Goad Team for more information on Buying Bank Owned or Short Sale Properties. The Goad Team has a 90% success rate at getting our Short Sales closed

Summerlin Living Without The Fees!!!Built in 1997, this elegant single-story home has many wonderful upgrades that nearly any buyer will find appealing! It features a spacious floorplan with three large bedrooms, two full bathrooms, a separate formal living room, and an over-sized family room. The kitchen has a long breakfast bar, sleek grnaite counter-tops, dual built-in ovens, and a cook-top stove. And, loads of upgraded cabinetry! The master bedroom has high vaulted ceilings, dual door entry, loads of room for large furniture, and a large walk-in closet! The spa-like master bathroom has a glass enclosed shower, deep garden tub, decorative ceramic tile accents, a built-in vanity, and dual sinks! The most impressive feature of this great home is the tropical backyard with an

Built in 2004, this spacious three bedroom home has been used primarily as a vacation home and is practically brand new. It features a neutral color pallet with 18X18 diamond-laid ceramic tile, plush carpet, and contemporary two-tone paint.

This single story home has an ample living room with plenty of space for large furniture, built-in entertainment center, and an upgraded ceiling fan.

The kitchen has loads of upgraded cabinetry, counter-tops, and an island. Plus, all appliances are included with the purchase of this great home!

In addition, the front and backyard have water saving desert landscaping accented with native Las Vegas trees, bushes and shrubs...all ready for the new buyer!

This GREAT home will not last long at this LOW, LOW price!

Call Makea Turner of The Goad

Just Listed Banked Owned in LasVegas

Built in 1969, this spacious single story home is a true bargain with a formal living room, family room and huge bonus room with full wetbar and wood-burning fireplace!

Centrally located, this home is close to freeways, shopping, and great Clark County schools. It features ceramic tile flooring throughout most of the home, and neutral colors in most of the rooms!

In addition, there's ceiling fans in all of the bedrooms and living areas, a skylight, alarm system, plenty of storage space, and huge... closets in all of the bedrooms.

Best of all, this home sits on a large lot with a sparkling pool and covered patio!

Don't wait and miss out on this BARGAIN of a home...it needs little TLC to make it a wonderful home, but it is well worth it!



Call Makea Turner

Very Interesting article I read on the Las Vegas Sun that talks about His Excellency Mohammed Ali Al Hashimi and his vision to bring some Las Vegas flavor to Dubai. Check out the article on the Las Vegas Sun.