NEW YORK (CNNMoney News ) Las Vegas has suffered through the housing bust like few others places and still has further to fall. But these days many real estate investors and home buyers are betting that it’s poised to stage a comeback. To investors and home builders, there are enough positive signs to start betting on Vegas now. Home sales, especially of bank repossessions, have picked up significantly. Nearly 36,000 homes have been sold so far this year through September 30, an 11% increase compared with the same period in 2010, according to Lawrence Yun, chief economist for the National Association of Realtors. As a result, inventory of both new and existing homes has shrunk significantly over the past year. Currently, there are about 10,000 single-family homes on the market, according to David Tina, general manager of Realty One Group, a Las Vegas real estate broker. With the current sales pace near 5,000 units per month, that’s just a two-month supply. Typically, those are inventories seen in extremely healthy markets. “I think the turnaround will be slow, but new home pricing is close to its bottom,” said Tina. And things are looking up. The metro area added 200,000 new residents since the bust first hit in mid-2006, an 11% jump or more than twice the national growth rate. Part of the recent influx is due to job growth. The local economy has recorded job gains in several industries, including the hotel and restaurant trades, health and education, business services and retail, according to Metrostudy, a financial analytics firm. In September, the unemployment rate fell to 13.6% from 15.6% 12 months earlier, the ninth biggest decline among U.S. metro areas. the beaten down prices are exactly why investors are starting to nab the properties now, explained Ken H. Johnson, a professor of real estate at Florida International University. Homes cost about one-third less in Vegas than the national average based on median prices compared with median incomes. For investors who are willing to stick it out there’s a lot of potential. “Las Vegas has been hammered, but as the [economy] recovers, the upside in the market there will be significant,” said Adam Coffey, a business executive who bought a second home in town last year. For all those who lose their homes, there are others who see it as an opportunity. More than 50% of all sales in town are foreclosures, said Plantone. Recently, I had a client who made bids on 40 different bank-owned properties. He was outbid each time. The investor wound up buying four new 1,400 square-foot homes in North Las Vegas for $140,000 each instead. He rents them out for $1,495 a month apiece, which give him immediate returns on his investment.Lets also dont forget that Nevada Real estate Tax is only 1% Once the housing market recovers he could sell the properties for a healthy return, too. It’s hard to beat those kinds of odds. ..

Anna Katerlin
REALTOR
Tel.702.340-1684
Email:dreamhomeslv@hotmail.com

Wieczor rozedrgany blaskiem swiec Spowity zapachem rozgrzanego wosku Niesie chwile, czarowne, nie zwykle i aksamitne…
TANCZMY PRZY MUZYCE NA ZYWO – ZESPOLU ”HALNY “ z Arizony, ktory specjalnie dla nas zagra w ten magiczny wieczor!
Muzyka taneczna dla wszystkich grup wiekowych!
W cenie biletu smaczne potrawy, desery oraz jeden drink alkoholowy.

Zapraszamy !

Cena Biletow $ 30 dla Czlonkow Clubu
Dla wszystkich innych $ 40
Bilety do nabycia w Polish Deli u. Asi Tel. 259-2008
Wiecej Informacji udziela –Ania Katerlin ( prezes clubu ) tel.340-1684
UWAGA !!! LICZBA BILETOW JEST LIMITOWANA > KTO PIERWSZY TEN LEPSZY

Znajomi, koledzy i koleżanki, Polonia w Las Vegas, Polacy na całym świecie kibicujmy naszej rodaczce, Ewie Bugdoł w tegorocznych Mistrzostwach Świata w Triathlonie w Las Vegas, 5 listopada (The 2011 IUT Long Course Triathlon World Championships).
Ewa jest dwukrotna Mistrzynia Polski (2010,2011) i brązowa medalistką w Mistrzostwach Europy (Finlandia, 2011). Ewa zajęła 7 miejsce w zeszłorocznych Mistrzostwach Świata w Niemczech. Proszę, kto może, przyjdziecie dopingować Ewie. Jest ona pierwszą Polką w historii, która zakwalifikowała się do pierwszej dziesiątki świata.
Triathlon zaczyna się w Lake Las Vegas. Ewa zaczyna pływać o 7:05 AM. Ma do przepłynięcia 4K. Potem będzie jechała na rowerze pokonując 120K. I na koniec, gdzie potrzebuje naszych biało-czerwonych flag, będzie biegła 30K.
Bieg zaczyna się w Multigenerational Center w Henderson (blisko Green Valley Casino / District).
Ewa ma do przebiegnięcia trasę od Multigenertional Center do Paseso Verde Park, z powrotem do Multigenerational Center i po Green Valley do Horizon Ridge. Ewa będzie pokonywać tą trasę 4 razy. Ewa przewiduje, że zacznie bieg około godziny 12:00 PM.
Proszę pokażmy jak Polonia wspiera swoich rodaków tak daleko za oceanem.
Dziekuję serdecznie,
Maria Randolph

(Autor zdjęć: Maria Randolph)

Hello Everybody! I will have my own show at The Palms Casino on November 30th at 2PM and 7PM. 5 Piece Band!

Tickets will be available at the box office in a few days. $12! Seniors get a discount for the 2PM show. Come Down to support me at my first own show!!! I really need you guys to come!

Alex Christopher Prandecki