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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

Heritage Realty Company, the oldest family owned and operated real estate agency in Las Vegas, is proud to present this archive of real-estate-related news articles we have collected and presented in the past:

New Program Helps Home Buyers Save Tens of Thousands of Dollars
/PRNewswire/ -- Realty Counselors Inc. today announced the launch of a new home buyer program expected to send shockwaves through the residential real estate and mortgage industries.
Real Estate Pro News| June 12, 2007

Home sales, prices to slip further in 2007: NAR
The National Association of Realtors trimmed its sales forecast for the fourth straight month and said it now expected sale prices would drop more sharply than it previously forecast.
Real Estate Pro News | June 12, 2007

U.S. mortgage applications decline
A rise in applications to buy homes was overshadowed by the drop in refinancing applications.
Real Estate Pro News | June 12, 2007

First local food co-op opens
A city with an uncanny ability to reinvent itself -- can evolve from a destination filled with people with unhealthy eating habits to a community of residents who choose to eat healthy food and become aware of pressing environmental issues.
Las Vegas Business Press | June 12, 2007

Apartment sales drop but prices rise for big complexes
The Las Vegas Valley's rental market is feeling the squeeze with apartment sales dropping in the first quarter as condo conversions, teardowns and a lack of new projects take their toll.
Las Vegas Business Press | June 12, 2007

Henderson's tallest office tower takes shape
A $35 million project will soon create Henderson's tallest office building, Eastgate Plaza II, a six-story, 140,000-square-foot Class-A tower at the northeast corner of Warm Springs Road and Stephanie Street.
Las Vegas Business Press | June 12, 2007
Federal grants provide seed money for women and minority-owned L.V. businesses
On May 9, a division of the U.S. Commerce Department announced federal funding to establish a program aimed at growing minority businesses in the Silver State.
Las Vegas Business Press | Friday, May 18, 2007

Baskin-Robbins plans a store 'in every (Las Vegas) neighborhood'
Baskin-Robbins is completing a makeover and looking for a few good franchisees. The 61-year-old ice cream empire plans on opening up to 30 more stores in Las Vegas Valley and recruiting 10 new franchisees.
Las Vegas Business Press | Friday, May 18, 2007

Las Vegas Valley retail space in high demand
Retail space remains ever-popular with Las Vegas Valley vendors, shops and stores, which clamored for additional room in the first quarter. The market recorded a super-low 2.7 percent vacancy rate through March, an impressive feat, considering the 940,208 square feet of space was absorbed during the same time frame, according to Colliers International and Restrepo Consulting Group.
Las Vegas Business Press | Friday, May 18, 2007

New radio tower will help transition to HD radio for Las Vegas
That cluster of radio towers atop Black Mountain will be thinned out by late next year, as competing broadcasters look to consolidate their high-definition and analog transmissions from the southeast landmark.
Las Vegas Business Press | Friday, May 18, 2007

Desert Passage shops experience 'miracle' rebirth
Retailers have taken note of the new, hipper image of the property formerly known as the Aladdin Resort & Casino -- now remodeled and re-branded as Planet Hollywood Resort Casino. The roster of tenants for the 475,000-square-foot mall has grown from 150 to 170 over the last year.
Las Vegas Business Press | Friday, May 18, 2007

Debunking Myths of Real Estate Web Sites
By marketing through public real estate Web sites, agents can better promote their listings and services to consumers, said brokers and online real estate companies during a business technology forum.
Daily Real Estate News  |  May 18, 2007

Las Vegas Moms in Business Network
Vegas society for working moms nurtures on a national scale.
Las Vegas Business Press | April 10, 2007

New Ideas in Mortgages
Two Associations of State Regulators Issue Nontraditional Mortgage Lending Guidance -
Mortgage News Daily |  Combat Market Fears With Local, Long-Term Data
WASHINGTON  National media coverage of sluggish real estate markets has sapped buyer confidence, despite the fact that severe declines have been confined to a limited number of markets and other economic factors, including wage gains, are favorable.
Realtor Magazine Online |May 18, 2007

Home sales are expected to hold fairly steady in the months ahead
The Pending Home Sales Index, based on contracts signed in September, slipped 1.1 percent to a level of 109.1, following a 4.7 percent gain in August. But the index remains 13.6 percent below September 2005.
Realtor Magazine Online April 10, 2007

House-Price Appreciation Adjusts to Historical Norms
Average U.S. home prices rose only 1.12 percent in the fourth quarter of 2006, compared with 3.03 percent in the fourth quarter of 2005    | Realtor Magazine Online March 2, 2007

State working closer with banks, to ease charter process
At least three new community banks are planning to open in Las Vegas once their applications are approved by the state's Financial Institutions Division. The FID has made working closely with applicants during the lengthy process a way to smooth banks' entrance into the local market. | Las Vegas Business Press March 2, 2007

Appealing an Assessment Can Be Worth It
Experts say appealing a tax assessment isn’t particularly difficult and it can significantly reduce what a home owner pays. | Realtor Magazine Online

Permits and Housing Starts Reflect Builder Optimism
Home builders are growing increasingly more confident about the economy and the real estate market and that was reflected in the most recent report on residential construction in the U.S.
Mortgage News Daily 
Freddie Mac: Three Trends Will Impact Home Market and Financing
Freddie Mac monthly economic and housing forecast points to three long-term housing trends and projects a 2007 only modestly different from what we experienced in 2006.

Consumer Confidence Kicks Off High in 2007
U.S. consumer confidence jumps to its highest point since February 2006, which could signal good news for the housing market.

Going Green Expected to Attract Big Bucks
Venture capitalists are sinking more money into residential green construction, which is expected to boost its market share by 2010 to between $19 billion and $38 billion.

Nevada Unemployment Rate Falls
The private sector added around 61,000 new jobs last summer, which makes Nevada the top creator of jobs on a per capita basis.

Industrial Rates are Up
The highest prices being paid for industrial properties, outside of Manhattan, are in Northern Virginia; San Jose, Calif.; and Las Vegas.

Seller Financing Makes Comeback
Property owners appear more willing to negotiate terms that will help close a deal with a buyer who may not be able to meet the requirements of a regular mortgage lender.

Buyers Flock to Homes with Designer Brands
You've heard of designer jeans and designer handbags, but designer homes? That's the newest trend among discerning buyers.

- Gina Silvagni Perry,
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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