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Lake Las Vegas Spreads Ultimate Dome of Luxury and Privacy

In a brilliantly unique desert setting, Lake Las Vegas spreads out as an ultimate dome of luxury and privacy.

The landscape is fairly inspiring and the desert stretch calls for mute obedience. On the largely untouched side of Henderson Mountain, Lake Las Vegas Real Estate is spread over a colossal 2245 acres of private canyon, some 40 minutes away from the Las Vegas Strip.

Lake Las Vegas is a place one can’t keep boasting about, it is the home to two of the most renowned global chain of hotels; the prestigious Ritz-Carlton and the Hyatt regency. Apart from the unflappable grandness of these hotels, Lake Las Vegas puts on the platter few of the most challenging golf courses; the public one’s for the “mainstreeters” and the private one for the elite. The courses are built in a fashion that it takes the mountain and the lake within its compass.

Jack Nicklaus, the undisputed great of the golfing arena has used his insight to construct Reflection Bay Golf club. Tom Weiskopf’s Falls Golf Club is a piece of sheer delight running through lush tans, erratic mountain slopes and hindering lake. So you have got to work your way up the birdie.

Lake Las Vegas homes area tribute to the Mediterranean concept of house-making. Owing to the reflective natural neighborhoods and the artistic desert settings, the place offers a touch of nomadic with the urban theme. The houses are built with a classical mindset and offers variable patterns.

Many Lake Las Vegas neighborhoods offer the peace of an enclave even while being replete with almost all the amenities modern day has to present. Bella Fiore is highly rated and this reflects in its shooting prices. Manicured greens and green lush fields run alongside the desert setting creating a wide repertoire of nature-based emotions. The homes and ranches are readily available at different altitudes.

Now for the modern side of the neighborhoods; the houses are replete with private Casitas, Master suites, internal courtyards and outdoor fireplaces. Floor plans are distinctive. The carpet area setting enhances from 2822 to 4376 square feet. At $ 700000, the prices are still reasonable, considering the flats mostly have five bedrooms and nearly four and a half baths. The houses have oil-rubbed bronze rubbed hardware and fiberglass doors. The homes include volume ceilings and are effected with fire sprinkler systems. They also have the out-of-convention setting of gourmet kitchens with raised panels and stern countertops. Home networks are complete with ultra speed digital 5 wiring.

If you are interested in a private showing in the Lake Las Vegas area, please contact us 702.376.0088

Las Vegas Called ‘Mortgage Fraud Ground Zero’?

According to FBI Special Agent, Scott Hunter Las Vegas is called mortgage fraud ground zero.

This problem is becoming so wide spread that special task forces have been created to combat the problem.  Every week you read in the paper or view the news about another real estate industry professional being arrested for some type of real estate or mortgage fraud.  Just this month, Cindy Birkland was arrested for alleged mortgage fraud.

According to the FBI, mortgage fraud is becoming one of the fastest growing white collar crimes in the United States.

Mortgage Fraud is usually committed by several individuals who all have a certain role within the scheme.  Usually a loan officer, borrower, real estate agent and/or an appraiser.  The most common type of mortgage fraud is a “straw buyer”.  This is where the bank lends hundreds of thousands on a home that is way over inflated due to an appraiser setting an unrealistic value.  The group splits the money and never has any intention on making any payments on the home.

More to follow…

Positive Signs in the Las Vegas Real Estate Market?

For the 4th straight month, Las Vegas Home Sales are up. We have seen an increase in home sales over the same month from the previous year for the first time since September 2005.

Are these signs that the Las Vegas real estate market might be turning around? 

Let’s not get to excited just yet; we still need to see how the rest of spring and summer goes before we can really access indications that the market might be rebounding.

We should continue to see a rise in Las Vegas Foreclosures as the adjustable rate mortgages continue to – well – adjust.  As more foreclosures enter the market, home prices will continue to fall as banks drop the prices to move inventory off their books. So there is a good chance Las Vegas Home prices will continue to fall.

However, the Las Vegas Strip is expected to create over 113,000 jobs over the next 5 years starting with the opening of Project City Center in 2010. With the creation of these jobs, we will begin to see an influx of people moving to Las Vegas filling these new job opportunities.  This will help the Las Vegas Housing Market as the influx of people relocating here will need housing. It will be interesting to watch how the Las Vegas real estate market evolves over the next 9 – 12 months.