Average price of re-sale homes sold in Las Vegas Valley up 6.1% over May 2005

According to the Greater Las Vegas Association of Realtors, the average price of single-family re-sale homes sold in May 2006 is $373,761, which is 6.1% higher than May 2005 and 2.3% higher than April 2006.  Please note:  The average 'list' price of single-family re-sale homes in May was $447,522 ... $73,761 higher than the average 'sold' price.

$216,700 is the average price of re-sale condos/townhomes sold in May 2006, which is 6.8% higher than May 2005 and .1% lower than April 2006.  Please note:  The average 'list' price of re-sale condos/townhomes in April was $258,982 ... $42,282 higher than the average 'sold' price.

To view all May 2006 statististics, including re-sale homes by zip code, please use this link: http://www.lasvegasrealtor.com/stats/May06CompStats.pdf

 

"Life's a voyage that's homeward bound."  -- Herman Melville

 

SHORT SALE -- MUST SELL QUICKLY

Spread the word -- Gated community -- Peccole Ranch in Summerlin

3 bedrooms / 2.5 baths / 1461 sq. ft.

Take a virtual tour of this beautiful home:  http://www.listinginformer.com/vtour/490.htm

 

To view more Featured Listings, visit www.onestoplasvegashomes.com

 

Queensridge brings taste of city to Summerlin

Executive Home Builders is planning an $850 million mixed-use development near Summerlin.  The Village at Queensridge, at Rampart Boulevard and Alta Drive, will total 700,000 square feet of retail, restaurants and office space, as well as 340 condominiums on 29 acres.

The architecture will be built around an old-European town that has aged and grown over the years.  The buildings will be reminiscent of coliseums and Spanish villages.  "Ruins" will also be incorporated into the site along with statues and stonework.

There will be 18 separate buildings, of which there will be two 5-story condo buildings and a 10-story condo tower.  An additional 42 condos will be built in the heart of the village above retail space.  Reservations are expected to begin late this summer.  The scheduled completion date of the entire project is 2008.

Executive Home Builders is now under construction with its One Queensridge Place, a condo development across the street from the planned Village, wit units priced between $1.3 million to $20 million.

(Source:  In Business Las Vegas, May 26 - June 1, 2006)

 

"The greatest discovery of my generation is that a human being can alter his life by altering his attitudes of mind." -- William James

 

   Attorney's Advice....No Charge!

1.  The next time you order checks have only your initials (instead of first name and last name) put on them.  If someone takes your checkbook, they will not know if you sign your checks with just your initials or your first name, but your bank will know how you sign your

checks.

2.  Do not sign the back of your credit cards. Instead, put "PHOTO ID REQUIRED."

3.  When you are writing checks to pay on your credit card accounts, DO NOT put the complete account number on the "For" line.  Instead, just put the last four numbers.  The credit card company knows the rest of the number, and anyone who might be handling your check as it passes through all the check-processing channels will not have access to it.

4.  When you check out of a hotel that uses cards for keys (and they all seem to do that now), do not turn the "keys" in!  Take them with you and destroy them.  Those little cards have on them all the information you gave the hotel, including address and credit card numbers and expiration dates.  Someone with a card reader, or employee of the hotel, can access all that information with no problem.

5. If your wallet is ever stolen, call the three national credit reporting organizations immediately to place a fraud alert on your name and Social Security number.  The alert means any company that checks your credit knows your information was stolen, and they have to contact you by phone to authorize new credit. Here are the numbers you always need to contact if your wallet and contents are ever stolen:

-- Equifax: 1-800-525-6285

-- Experian (formerly TRW): 1-888-397-3742

-- TransUnion: 1-800-680-7289

-- Social Security Administration (fraud line): 1-800-269-0271

(Source:  James E. Shapiro, Esq., Gerrard, Cox & Larsen, jshapiro@gerrard-cox.com, (702) 796-4000.  James is one of our 'One Stop For Las Vegas Homes Dream Team Members.  Click here or visit www.onestoplasvegashomes.com to view the complete list of Dream Team Members -- all of whom are 'tried and true' -- based on the recommendations provided by readers of the 'One Stop For Las Vegas Housing Trends and Tips' newsletter.)

 

"I know of no more encouraging fact than the unquestioned ability of a man to elevate his life by conscious endeavor."

-- Henry David Thoreau

 

 GORGEOUS GUARD-GATED SUMMERLIN CONDO

3-Bedroom, 2 bath, marble counters, upgraded carpeting, tiled floors in the wet areas, luxury upgrades in the master bath, a cozy fireplace, a large balcony, and an over-sized 2-car garage.  The lush resort-style community features a Mediterranean-inspired pool and spa, an impressive gym, and a beautifully-appointed clubhouse.  The list price of this home is just under $300,000.

Take a virtual tour of this sparkling home:  http://www.listinginformer.com/vtour/513.htm

  

To view more Featured Listings, visit www.onestoplasvegashomes.com

 

"Order is the shape upon which beauty depends." -- Pearl Buck

 

  Smiles and Grins - In Honor of Father's Day

"The trouble with owning a home is that no matter where you sit, you're looking at something you should be doing."

 

-- Tom Antion

Did you know...

The average size of a U.S. home in 2005 is 2,434 square feet.  In 1970, the average home was 1500 square feet.

(Source:  National Association of Home Builders)

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