Friday, September 23, 2005

Architecture firm played a major role in Las Vegas ...

One architectural firm has played major role in transforming the skyline of Las Vegas. Over 40 projects many involving high-rise condominiums have been designed by JMA Architecture Studios.

The Soho Lofts - one of the few loft projects, the Sand-hurst projects in downtown Las Vegas and the Queensridge Place in northwest Las Vegas have all been designed by JMA.

The Las Vegas condo market has a need for wide range of designs to suit varying needs and budgets. There are four categories of condo markets in Las Vegas today -high-end, luxury condo, of which Queensridge is an example of luxury living and great amenities.

Urban condos are the second categories of homes located in or near the Las Vegas redevelopment area. This will also often feature offices, shopping and residential units and are also called mixed-use developments. SoHo Lofts is an example of this.

The third category includes the resort style high-rises on the Strip built primarily for the vacationers and holiday-makers buying a second or third home. The fourth category is the mid-rises built on the South strip and meant as homes for those employed on the Strip.

JMA Studio is one of the oldest design studios in Las Vegas.

Thursday, September 22, 2005

Siena popular with buyers

Siena the age-qualified village in Summerlin is very popular with home buyers even the non-golfers who find the serene and beautiful golf course atmosphere appealing and have bought homes in this guard gated community.

The place offers security and safe environment for the residents to enjoy a variety of recreational activities. The streets and neighborhoods are patrolled and whole community as quaint village like atmosphere.

Not many homes are left in the community and new-home buyers get some great incentives. Model homes are also available for immediate move-in. There are six Italian style collections available in varying sizes and prices range from less than half million to one million and some of the model homes are available with some great upgrades.

Tuesday, September 20, 2005

Helps You Sell Homes

Help-U-Sell, a member of the Greater Las Vegas Association of Realtors and the National Association of Realtors is popular among people seeking to sell homes. The agency started its operations in California in 1976, and opened its first office in Southern Nevada in 2001. Today there are over 17 offices in Las Vegas.

The fee-for-service agency helps sells homes for as little as $2,950 plus other fees like commissions for buyer's agents. In return for the fee the Help-U-Sell handles negotiations, provides advertising, sales sign and a lock box and other stuff you need for selling your home.

A few things home sellers are expected to do are: show their homes to potential buyers and conduct open houses and allow for home viewings. Apart from this the agency handles everything else. Many clients have found Help-U-Sell service extremely simple to use and much cheaper than when the services of seller's agent was engaged.

Sunday, September 18, 2005

Condo Flippers Need To Be Careful

Condo flippers in Las Vegas are advised against selling and buying multiple properties in a short period of time. If they cling on to the property for more prolonged period then they could convert the property into capital asset, which can reduce the effect of the taxes and capital losses.

By limiting the amount of money spent on the rehabilitation work of the condos the investors can reduce the burden of tax that is put on them. Some statistics show that Nevada had reached a point of saturation because of increase in new home sales and decrease in new home permits and increase in median price of new houses. Analysts disagree with this view of real estate market reaching the saturation point.

The recent decline in the resale value of houses will not affect the overall growth in the real estate market and will easily exceed the last year’s total. There is a 26.7% increase in price for new homes while resale houses shows a increase of 23.4%.