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Heritage Realty Company. View of their Las Vegas Real Estate Market
Specializing in Commercial & Residential Real Estate in Las Vegas, Nevada since 1970

Real Estate News courtesy of Heritage Realty,
The National Association of Realtors, Mortgage Daily News, the Las Vegas Business Press, The Associated Press, Reuters and other recognized sources.

New $101 million Pepsi plant under construction
PepsiCo, the global soft drink giant, is building a new $101 million production and bottling facility in the southwest Las Vegas Valley.
Las Vegas Business Press | August 31, 2007

Some Mortgage Rates Move Dramatically, Others Stall
Short term mortgage rates which had been rising, sometimes very sharply over the last few weeks fell a bit last week while long term rates were almost unchanged in the Freddie Mac Primary Mortgage Market Survey for the previous week.
Mortgage Daily News | September 13, 2007

The Study of Life Expectancy of Housing Components
...is the result of a telephone survey conducted by NAHB of manufacturers, trade associations, researchers, and others to gather information about how long various components of a house should be expected to last.
Mortgage Daily News | September 13, 2007

Rates on 30-year mortgages drop sharply
WASHINGTON - Rates on 30-year mortgages dropped this week to the lowest point in four months, providing some relief for people hoping to refinance their existing mortgages.
Associated Press | September 13, 2007

Greenspan says didn't see subprime storm brewing
Former Federal Reserve Chairman Alan Greenspan said he was late to see the storm gathering around mortgage lending practices and commended his successor Ben Bernanke's handling of the crisis, saying he would likely be responding in a similar fashion.
Reuters New Service | September 13, 2007

Office vacancy edges upward
Boom in supply outstrips demand, new report notes
Nema Business Center, Las Vegas Heritage RealltyGina Perry of Heritage Realty is leasing the Nema Business Center at 1500 E. Tropicana Ave. for $1.55 a square foot with no common area maintenance fees, which are almost universally a minimum 35 cents a square foot, she said.

It's close to the airport, the university and the Strip. "That's the people you're going to hit," Perry said. "It's good for people from lower income areas with a bus line there."

Las Vegas Review Journal | July 17

The Newest Homeowners: Big Banks
Anyone who's purchased a home is familiar with a mortgage getting sold to third parties who end up servicing it.
Q Real Estate Pro | July 12, 2007

Home foreclosures drop in June but spike likely
NEW YORK (Reuters) - U.S. home foreclosures fell in June after jumping to a 30-month peak in May, but default rates will escalate as a horde of mortgages resets at higher loan rates, real estate data firm RealtyTrac said on Thursday.
Q Real Estate Pro | July 12, 2007

Businesses profit from Nevada Power programs - Energy provider set to unveil new conservation efforts
Nevada Power is spending $8 million this year on energy conservation-related financial incentives for commercial customers.
Las Vegas Business Press | July 12, 2007

Nevada Development Authority ramping up its efforts to attract life sciences companies
Research facilities like the Lou Ruvo Brain Institute and Nevada Cancer Institute lure qualified doctors and companies here.
Las Vegas Business Press | July 12, 2007

Cashman Equipment 'eco-friendly' headquarters breaks ground
Cashman Equipment Co., Nevada's largest heavy machinery dealer, recently broke ground on a new eco-friendly corporate headquarters campus in Henderson.
Las Vegas Business Press | July 12, 2007

Stage this room! - Two hours. Three rooms. $250 Budget. Three REALTORS®. Go!
A well-staged room invites buyers in and helps them see past the sellers’ possessions to the layout and square footage. Staging also helps draw buyers’ eyes to the best feature of the room, such as French doors or a fireplace.
Realtor Magazine| July 12, 2007

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Heritage Realty Company
8871 W Flamingo Rd, #202
Las Vegas, NV 89147
(702) 870-9081 office
(702) 870-1155 fax
Contact via email
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Heritage Realty Company, Las Vegas
Copyright © 2006  Heritage Realty Co.  All Rights Reserved
Gina Salvagni Perry, Broker

Gina Silvagni Perry, owner/broker.
Member, Greater Las Vegas Board of Realtors

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