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The Economy

Hard Work Really Does Payoff!

Greetings Luxury Homeowners and Buyers, Most of you know by now that real estate prices have declined nationally and now even the luxury market is not immune. The good news is that reduced prices have brought buyers back into the market. Lux...

Business Networking Works if You Do

Last night I attended and sponsored a VIP Hangar Party with sponsorship by private jet companies, luxury auto dealers and various other luxury related companies. Over 200 people gathered to look at the goods and meet, greet and network....

Santa Clause Rally

Luxury Homes of Las Vegas is ending the year with a bang. November was one of the busiest closing months of 2009 and in December I have sold homes listed for $3,999,000, $3,499,000, $1,499,900 and $700,000. We’re working hard and smart, but i...

Create Some Jobs Please!

I just read an article about Steve Wynn’s comments and criticisms on the Obama administration. His most important point is similar to my July 13, 2009 blog comment in which I stated, “We need the government to focus their efforts on creatin...

Las Vegas Luxury Real Estate

The Las Vegas luxury real estate market has some positive signs and some negative signs presently. The good news is that sales are happening. In fact, I just sold another The Ridges estate that was listed for sale at $2,500,000 and sold in ...

Jump-Starting the Economy

This great idea came from the CEO of Realty Trac, James Saccacio. The problem with most all of the stimulus programs is that they are helping out the 2% of borrowers that got in trouble and can’t afford their homes. Let’s reward the 98% of ...

Will the Stimulus save Real Estate?

As reported by the Wall Street Journal, the luxury wine market is in a slump as even wealthy drinkers slash spending on fine wines. The slump comes even as Americans continue to drink more wine overall. Recession-weary consumers are choosing to...

May Luxury Sales Up!

May brought more activity in the luxury sales market and it was really needed! April statistics show just 12 homes selling over $1,000,000 in the entire marketplace. May had 16, a 33% improvement. Of those 16 sales, 3 were over $3,000,000 and t...

Why Reduced Home Construction is Good for Real Estate

Home construction is at a 50 year low with both permits and starts plunging to levels not seen since 1959. The recent drop off in permits suggests that further declines are ahead. Meanwhile, home-builder confidence is at a record low. How can t...

The Real Estate Sky is NOT Falling!

The real estate sky is NOT falling! The Las Vegas economy has weathered downturns in the past, and although this one may be the most severe we have had, we have a resilient community and we will persevere and come out of this stronger and smart...

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