Mapping the Condo Craze in Las Vegas

The race is on. The Las Vegas real estate market is abuzz with a steady stream of announcements touting plans for yet another magnificent condo tower development, each competing to provide the most luxurious amenities. Terraces, spectacular views, rooftop swimming pools, fitness clubs and business centers are now considered standard fare when compared with new developments offering such decadent perks as concierges, limo services, tennis courts, racquetball courts and even private poolside cabanas, exclusively for sale to tower residents.

What remains to be seen is how many and which ones will actually get built. There is a great deal of speculation as to the Las Vegas luxury condo market's ability to absorb the seemingly over-abundant number of units planned. Regardless of the final outcome one thing is certain - many towers will be built, adding glitz and glam to the city that is already over the top with glitz and glam.

Chart the progress for yourself with this map showing locations of the currently planned developments throughout the valley.

Konnel Peterson
REMAX Associates

Spanish View Towers Under Construction

Spanish View Tower Homes, under construction near the Las Vegas I-215 Beltway and Buffalo Drive, is bringing a new twist to the Las Vegas luxury high-rise market. Consisting of three towers, each 18 stories, the fully-customized units will range from 2,500 to 9,500 square feet. These condo "homes" will be larger than others being sold elsewhere in the market and will allow buyers to completely customize their units, including placement of walls.

The buildings will include enhanced noise reduction measures to make the homes totally soundproof. Even the "outdoor" pool will be fully enclosed. These measures were the developer's way of compensating for the noise factor from McCarran Int'l Airport because the development is in the path of roughly 75% of flights.

The impressive list of amenities will include concierge and limo services, tennis courts, putting greens, racquet ball courts, a day spa, an event center, jogging/walking trails, dog runs and more.

Total project cost is estimated at $660 million and anticipates completion by the end of 2007 or early 2008, with the first tower ready for occupancy by July 2006. Pricing will range from $835,000 to $6.3 million. 42% of the first tower's 135 units has already been reserved.

Konnel Peterson
REMAX Associates

Opus Las Vegas Is On Its Way!

The Las Vegas high-rise market is hotter than ever before and now Opus Las Vegas will be added to the list of projects that hopes to bring a new element of living-style to the valley.

Opus LV will stand within a close range of Las Vegas’ Scandia Family Fun Center, just off of Industrial Road. The development, with such neighbors as Panorama Towers, Liberty Tower and the Mirage’s forthcoming City Mark, is just weeks from beginning their pre-selling process. The high-rise project will comprise of various luxury-condominiums and will launch with prices starting in the high $200’s.

More specific pricing is not yet available, but Opus Las Vegas promises to “Indulge your senses by immersing you in the textures, the colors, the views and the people that energize the most exciting city in the world.” Get ready Las Vegas because Opus LV is on its way "up".

Konnel Peterson
REMAX Associates

Panorma Towers Is On A Roll

Panorama Towers is moving right along! The project, which currently has its first two towers under construction, has now completely reserved buyers for their third. The Las Vegas high-rise project is just off the famous Las Vegas Strip and has quick and easy access to both major freeways and the city’s bright lights. Panorama Towers is well-known due to its early debut in the Las Vegas high-rise craze.

Although there are no units available at this time, there are possibilities for condos to come back on the market while in the process of converting pre-sales into contracts, which will be taking place over the next couple of weeks. The same amenities that are offered in Towers I and II will also come as standard finishes to the project’s newest addition, "Tower III"; however, Tower III will have a fresh look of its own and will include more retail space than the two preceding towers.

Pricing varies depending on size and location, but residences start in the low $400’s. With such incredible success thus far, it’s no wonder that Panorama Towers Las Vegas is in the process of discussing a fourth and final addition to its high-rise development.

Konnel Peterson
REMAX Associates

Las Vegas is Going Vertical!

According to a recent study conducted by a United States Census Bureau, Nevada will have more than 4 million residents by the year 2030! That’s right, one the nation’s fastest growing states has absolutely no plans for slowing down anytime in the near future. As one can only imagine, this enormous growth will have a tremendous impact on the Las Vegas real estate market.

Nevada State Demographer, Jeff Hardcastle, stated that, “Simply put, in 2030, everything will double what you see now.” Of course, this statement also applies to increase in developments, both commercial and residential. Due to this rapid growth expected in such a short period of time, it’s no wonder that Las Vegas real estate is also projected to continue growing vertically. The Las Vegas high-rise market is currently booming and, if this projection is correct, then the craze is not even close to being over.

Experts say that, “The figures released in the new report conjure an image of Las Vegas growing vertically with high-rise condominiums and growing outwardly with houses built on mountains and encroaching on current outlying bedroom communities.” The city is anticipated to resemble other U.S. areas that also encompass large numbers of people, such as New York, San Francisco, Chicago and San Diego. Each of these places has also grown upward because of the lack of land and space to build, as well as a huge demand for residential living. So, be ready future homeowners, Las Vegas real estate is being converted into Las Vegas high-rise living.

Konnel Peterson
REMAX Associates

The Soho Lofts Will Soon Begin Their "Developer Re-Sale Program"!

The well-known Soho Lofts, developed by Cherry Developments and located in the heart of downtown Las Vegas’ Arts District, is preparing to release their widely anticipated “Developer Re-Sale Program” in just about a week! Soho Lofts Las Vegas, which currently only has two penthouse residences available, will soon have an additional thirty units back on the Las Vegas high-rise real estate market.

The Soho Lofts bring forth incredible amenities and a variety of mixed-use retail space. Being downtown Las Vegas’ very first high-rise to break ground, the building is already on its ninth floor of construction!

The Soho Lofts will boast a Las Vegas Boulevard address, desired by many. Up until this point, Soho has been 99% sold out, disappointing buyers that come their way. Now, possible future residents will have one last chance to get in on the Las Vegas high-rise project of a lifetime, before it is even completed!

Konnel Peterson
REMAX Associates

The Residences at MGM Grand Now Selling Their 3rd Tower!

Units are now available for sale in the upcoming third tower of The Residences at MGM Grand! The final addition to the project will stand 40 stories above the Las Vegas Strip and will include a total of 576 units.

This Las Vegas high-rise extravaganza, a joint venture between Turnberry Associates and the well-known MGM Grand, has had an enormous success rate, for which its developers are duly proud.

Prices begin in the mid $400’s and range up to more than $2 million. The project fits within the “condo-hotel” category, meaning that residents may contribute their individual units into the hotel rental pool and, in turn, help subsidize their monthly payments. This is ideal for the absentee owner or investor.

All of the residences at MGM Grand will come fully furnished and include a wide range of spectacular amenities.

Konnel Peterson
REMAX Associates

Sky Las Vegas is Ready to Go!

Sky Las Vegas will be breaking ground in just weeks! The high-rise tower, which will be situated directly on Las Vegas Boulevard, has only 50 remaining units or less still available. The project, which started pre-selling last August, is going to be one of the first high-rises in the Las Vegas condos market to be completed.

Sky LV still has a well-rounded variety of floor plans and price ranges to choose from and, because of its location, it will also feature incomparable views of the Strip. With features that include a billiards room, private screening room and theater, as well as world-class amenities and unit finishes, this Las Vegas high-rise has plenty to offer. The developers thought of everything, including a library and a dog run!

Feel free to visit Sky Las Vegas’ dynamic sales center, located off Las Vegas Boulevard across from the Venetian, any day of the week from 9am through 6pm to purchase your very own “piece of the sky” today!

Konnel Peterson
REMAX Associates

"Allure Las Vegas" Set To Break Ground

"Allure Las Vegas", one of the new luxury hi-rise condominium projects in the Las Vegas condos market is set to break ground. The Allure is located at the corner of Sahara and Fairfield, just one block west of Las Vegas Boulevard.

The project will feature two towers, each 40 stories tall, with units ranging from 671-4,400 sq. ft. (averaging 1,168 sq. ft.). Prices will run from the $300's (pre-construction offering) up to $4 million. Interior finishes will include floor to ceiling windows, stainless steel appliances, granite counter-tops, Italian cabinetry, marble flooring (kitchen and bath) and private balconies with spectacular views. There will be an abundance of ulta-luxurious community amenities, including lush gardens, 24-hour concierge services and a pool complex on the 6th floor surrounded by (get this!) 36 cabana units, exclusively for sale to Allure residents.

The list of additional amenities is long so be sure to stop by the Allure Las Vegas Sales Center, located on the second floor of the Fashion Show Mall, 3200 Las Vegas Boulevard --- or feel free to contact us for assistance in entering your name on the VIP Priority List.

Konnel Peterson
REMAX Associates
1-(800) LVHOMES

Tour of Newport Lofts LV for Realtors Set

Newport Lofts will be hosting an exclusive "Realtor Event" during the first week of May, which will include a presentation of the project and available units, a virtual tour and an overview of its downtown synergy.

This exciting downtown Las Vegas Hi-Rise has already reserved more than 90% of its units and will have its first model completed in time for the Realtor Event.

Konnel Peterson
REMAX Associates

"New Urbanism" Concept Breaks Ground In Northwest Las Vegas

A "new urbanism" concept is making its debut in the Las Vegas real estate market. The Village of Centennial Springs broke ground this month on its 41-acre mixed use development, which will feature retail, restaurant and office components along with its planned 205 single-family homes. The developer, Carina Corporation, already has its eye on adding two more such villages throughout the Valley following completion of Centennial Springs, which is located near US-95 and Durango Drive, at Farm Road and Tule Springs.

With a theme centered around a "Main Street" environment, the Village will harken back to the "good old days", a time when you could take a stroll down the landscaped boulevard to a park in the town center and stop for an ice cream cone along the way. The commercial portion of the Village will include retail and office space with lofts above for living quarters, an increasingly popular "live-work" concept. There will also be 21 brownstones available with two- and three-stories.

Construction on this $100 million project will be phased over the next two years. Prices for the single-family homes will range from $300,000 to $425,000; $240,000 to $280,000 for the brownstones, and prices for the lofts have yet to be determined.

Konnel Peterson
REMAX Associates

The Platinum Schedules May 2006 Completion

The foundation has been poured and construction is beginning on "The Platinum", a 16-story luxury hotel/condominium project at 211 East Flamingo Road, one block from the Bellagio and Caesar's Palace. Developers are planning a very aggressive construction timeline with their scheduled completion of May 2006.

The hotel/condo concept will appeal to absentee owners and investors because they can elect to have their suites rented out by the night through the hotel's marketing system. The Platinum will feature 255 units with a mix of one and two bedrooms, and prices will range from the $300's up to $1 million. Luxurious appointments will be standard (including the 42" wall-mounted plasma HDTV's) and amenities will include a spa & treatment center, indoor and outdoor pools and jacuzzis (along with a poolside bar and cafe), fitness center, business center with high-speed internet access, tropical landscaping, secure enclosed parking, and much more.

For the ultimate lifestyle flexibility in Las Vegas Condos, the Platinum has a lot to offer.

Konnel Peterson
REMAX Associates

Manhattan Condos Pre-Sell 80% Before Construction

Framing has just begun on the "Manhattan" condominium project on Las Vegas Boulevard South and Serene, with 80% of the 700 units pre-sold. Reasonably priced in the $200's with a high in the $400's, the Manhattan offers a good value. Averaging about $300 per square foot, this compares well to most other Las Vegas Condos, which are selling from $500 to $1,000 per square foot.

The first building will be completed in December 2005, with another completed each month thereafter until all nine are done. These nine buildings are all 4-stories with 44 to 108 units in each one.

Konnel Peterson
REMAX Associates

Newport Lofts LV Nears Groundbreaking Date

Located in the heart of the newly emerging downtown Las Vegas and Arts District (Casino Center Blvd & Hoover), Newport Lofts is expected to break ground in the next 45 days. This will be a repeat performance for Cherry Development, this time with the help of Seegmiller Partners out of Newport Beach, CA. Sam Cherry made his debut in the Las Vegas real estate market with the much-touted and completely sold out SoHo Lofts, which will open later this year.

Newport Lofts will boast a 300' tower with 168 units, all on the 8th floor and higher. The lower levels will consist of secure, enclosed parking. The list of luxurious amenities is extensive. The rooftop will include a fitness center, a 1/10 mile running track, pool, jacuzzi, spa facilities, clubhouse with billiards, lounge area and screening room, and gardens with 360 degree views. All units will have generously-sized terraces and stunning interior finishes, all of which come standard.

Newport Lofts LV is currently pre-selling its units, with pricing starting north of the $400's up to over $2 million. These units will sell out quickly so, if you have interest, you should act now.

Konnel Peterson

REMAX Associates

Sky Las Vegas Nears Sell Out Prior To Ground Breaking

With groundbreaking scheduled for next month and a completion date targeted for late 2006, Sky Las Vegas has pre-sold 75% of their 405 units as of early April. This fabulous 45-story luxury condo tower will be located on the Strip near Circus Circus. Prices range from the $400's up to more than $4 million. The $4 million suites will be on the 43rd-45th floors and will feature bonus amenities such as private elevators and outdoor and rooftop patios, along with the most spectacular views.

Other amenities common to all residents will include valet parking, concierge services, 24-hour security, an acre dedicated to a pool and garden, a spa and fitness center, billiards room (complete with a bar), a business center and a private screening room. And you can, of course, expect the finest of upgrades to be available for your interior finishes.

The Las Vegas real estate market eagerly awaits the reality of this magnificent project.

Konnel Peterson

REMAX Associates

Las Vegas Going "Sky High"

Seemingly overnight there is much fanfare in the Las Vegas real estate market about the number of condominium towers being planned throughout the city. Appropriate for Las Vegas, it is any gambler's best guess as to how many and which ones will actually be built. For anyone interested in seeing pictures and more information on these truly amazing towers, feel free to visit Las Vegas condos.

We will be following the progress and periodically report on those officially breaking ground. Today's highlight for new projects already under construction includes the Metropolis, SoHo Lofts and the Panorama Towers.

Konnel Peterson

REMAX Associates

Two of Pardee's Newest Communities Now Call North Las Vegas' Aliante Home!

There has been a new edition to Las Vegas real estate with the booming master-planned community of Aliante! Pardee Homes has now opened both Springdale and Autumn Ridge and both subdivisions are proudly promoting their family-oriented amenities. Being in close proximity to Aliante’s Nature Discovery Park is also a plus.

Springdale offers buyers of Las Vegas homes choices that are environmentally-conscious; like their tankless water heaters and low-VOC paint and central vacuum systems. Other features, such as lofts, studios, wet bars, side courtyards and casitas, are also available. Springdale’s average lot size is over 6,000 square feet and residences can be either one or two-story floor plans.

Pricing begins in the mid $300’s and goes up from there. There are 4 plans to choose from and Springdale proudly boasts that they are both a LivingSmart neighborhood, as well as an Energy Star provider. Because of their pre-planned focus on saving energy, the community actually saves its residents more than 30% in heating and cooling functions when compared to standard systems.

Konnel Peterson
REMAX Associates

Urban Village Announced

Keep your eye on the 50 acres at the corner of Pyle and Las Vegas Blvd., between the new South Coast Casino (currently under construction) and the to-be-built Stations Casino. A unique urban village, aptly named "Urban Village", will be making its debut in the Las Vegas real estate market over the next 3 years. When completed they will boast 2,400 condominium homes throughout five different neighborhoods.

There will be gas-lamp lit cobblestone walkways and streets, retail shops, cafes and restaurants to provide services to the variety of brownstones, high-rise, flats, "live-work" concepts and both finished and unfinished lofts. Also planned is a 17,000 sq. ft., 3-story clubhouse and fitness center. Parks, pools, jogging paths and dog parks will be scattered throughout the different neighborhoods.

Residential sales of this unique Las Vegas real estate is set to begin next month. Units will range from just under 1,000 sq. ft. up to 3,000 sq. ft. and will be priced from below $200,000 up to $1 million. Total project cost for this pedestrian-oriented community is expected to top $1 billion.

Konnel Peterson
REMAX Associates

Aliante Homes Hosts Concert & Fireworks

Hats off to Aliante Homes once again. Celebrating their second anniversary on Saturday, May 21st, they will be offering a night of free entertainment and fun for the whole family. The evening's events will feature a concert with "Island Tyme" followed by a sizzling display of fireworks. Food and refreshments will be available for you to purchase but feel free to bring your own picnic basket, blankets and lawn chairs. The event will be from 8:00 p.m. to 10:00 p.m. at the Nature Discovery Park at Aliante, located just south of the Aliante Parkway exit off I-215. Take advantage of the fun!

Konnel Peterson
REMAX Associates

Kimball Hill Homes Offering a New Home Warranty..

If you happen to be searching for Las Vegas real estate any time in the near future, homebuyers should keep in mind that Kimball Hill Homes is now offering an increased home warranty to its buyers. This improved coverage plan has expanded to give future Kimball Hill Homes residents structural coverage that lasts for 10 years. The new policy, called the “2+ advantage”, encompasses both workmanship and materials.

Kimball Hill Homes is extremely proud of their product and says that, “We’re confident in the way we build new homes and we think it's important that new buyers are aware of that."

The company, who has been constructing homes for over 30 years, functions in nine states across the country. When purchasing a new home, warranties and buyer benefits should definitely be considered and all companies and builders should be reviewed. It is safe to say that Kimball Hill Homes is ready for this challenge and looks forward to obtaining buyers' business, along with insuring and satisfying their future homebuyers for life.

Konnel Peterson
REMAX Associates

Tuscan Villas in Summerlin

If you are looking to invest or purchase a Las Vegas home in a community that takes much pride in their plush and beautifully landscaped outdoors, then Tuscan Villas, located within the infamous master-planned community of Summerlin, is just right for you!

With mature trees, shrubs, lush lawns and more, the Tuscan Villas are well known for their gorgeous and well-kept scenery. The development also has a full-service “social center”, that boasts a fitness center, media room, kitchen area and party room. There are a total of seven different floor plans for residents to choose from and the Tuscan Villas start at very reasonable base prices from the $130,000's. The community offers one, two, and three bed room layouts and about one-third of its purchasers will have the option of owning a garage unit.

Granite countertops, lighted ceiling fans, covered parking and stainless steel appliances are all among the many variations of finishes options available with the residences. The Tuscan Villa’s sales center is open from 10am until 5pm daily and has model homes for previewing as well. Stop by to see some of the best that Las Vegas real estate has to offer.

Konnel Peterson
REMAX Associates

Bella Vita's New Hours of Operation

The new home site of Bella Vita is now extending their hours of operation due to Daylight Savings Time. Bella Vita figures that because they have an extra hour of light, that they will use Mother Nature to their advantage! Bella Vita’s Sales Center will now be open from 10am until 6pm daily.

There are five different floor plans to choose from and prices start in the low $100’s and go up just below $200,000. With one, two, and three bedroom options, Bella Vita is sure to have something for everyone looking to own Las Vegas real estate.

Their office is located just off of the I-15 and Flamingo Road, at 5010 Indian River Drive, Unit #93. Feel free to stop by during their brand new hours of operation in order to pick up brochures, view models and purchase your very own Bella Vita residence today!

Konnel Peterson
REMAX Associates

Sandhurst Las Vegas is now selling...

The up and coming Sandhurst Las Vegas is very proud to announce the emergence of their brand new high rise project, which soars a towering 35 stories! Sandhurst’s principal, Michael Mirolla, along with the rest of his development team, plan to bring a New York vibe and style of living to Las Vegas real estate and the downtown area.

Their goal is to “create the ultimate high-rise community” and they insist on making sure that their future homeowners have everything they may need on a day-to-day basis all under one roof. Sandhurst will be located on Grand Central Parkway and will be in close proximity to world-class shopping, dining, entertainment and amenities. The building will include 413 units with a variety of views and floor plans. Prices will range from the $300’s to around $2.5 million and residents will be able to purchase units anywhere from 817 square feet to 4,700 square feet.

The high rise will encompass a 26,000 square foot fitness center, along with a spa, health club membership options, a library, game room and a theater. Dog runs, private parking and a gated entry are also among the list of luxury services which the building will offer its buyers. Sandhurst Las Vegas is preparing to break ground this summer and expects to be completed by winter of 2006.

Konnel Peterson
REMAX Associates

New Home Sales

In February of 2005 the sales of single family homes were at an annual rate of 1.23 million. The annual rate percentage revised in January was above 1.2 million, which was 9.4 percent higher than January of 2004. The price of median sales became new because of the houses sold in February of 2005. The price at which homes sold in February was $230,700. The average at which the homes sold was $288,400. At the end of February sales were 444,000. That was the supply of 4.4 months at the average sales rate. The average time it takes to sell new Las Vegas homes is about six months; being the time it takes for construction, contracts to be closed and final inspections to assure the home is in acceptable condition.

REMAX Associates

Third Tower Now Selling at the MGM Residences!

The well-known MGM Residences located on the infamous Las Vegas Strip in Las Vegas, NV is now selling its third and final addition to the multi-million dollar condo-hotel project. This third tower will stand an incredible 40 stories high and include 576 units which will consist of various sizes and layouts. Groundbreaking for the second MGM tower is expected for May of this year, and the first is already underway.

All suites will come fully furnished and range from $450,000- $2 million. The list of luxury amenities is long and includes a concierge, fully staffed lobby, fitness center, 24-hour security, and a swimming pool. The MGM Residences will also boast features and finishes such as Sub-Zero refrigerators, spa tubs, Italian cabinetry, LCD flat screens and HDTV, large closets, and high-speed voice/ data connectivity.

The Sales Center located within the MGM Grand's Studio Walk is open from 9am until 7pm daily. The 6,000 square foot sales office also displays a two-bedroom model which is sure to reassure any potential buyer that they are getting in on the project of a lifetime!

Konnel Peterson
REMAX Associates

The Splendor of Lake Las Vegas

You might think you're seeing a mirage when you wander east of the Strip about 20 miles to Lake Las Vegas. The vista you'll see before you, not too long ago a barren wasteland of desert, is a beautiful 320-acre lake, with luscious palm trees and colorful Mediterranean architecture in a village atmosphere. Three more hotels and a convention center are in the planning stages and another 1,500 homes will soon be built in addition to the 1,000 already there; with a total of 9,900 expected by 2012. A fourth golf course is also underway.

If you have yet to experience this 3,592-acre oasis, go treat yourself to a day of dining, shopping and breathtaking views... truly a testament to all that Las Vegas real estate has to offer!

Konnel Peterson
REMAX Associates

Montebello Sales

Sales are growing rapidly at the Rhodes Montebello development. The community will offer a workout area, spas, pools and conference rooms, as well as basketball courts and tennis courts for the residents. The development is located on Mohawk Drive off of Boulder Highway.

Konnel Peterson
REMAX Associates

More Security & Lower Payments with our New 5/25!

- Fixed rate for 5 years, adjustable for the remaining 25
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- Niche products, including Combos, up to $850K
- No special requirements

Please call 1.866.424.3774 (toll free) or 702.860.8273 (local) for complete details.

Sara Radcliffe, 702.860.8273
American Residential Funding 2785 E. Desert Inn Rd Ste 110, Las Vegas NV 89121, 702.873.1489

100% financing up to $850,000

No Minimum Consumer Credit History Required!

Owner-Occupant only
Single Family, DUP, PUD, Condo and Townhomes
Minimum 1st lien of $400,000
Full and Stated Documentation
Up To $850,000!

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Please call 1.866.424.3774 (toll free) or 702.860.8273 (local) for complete details.

Sara Radcliffe, 702.860.8273
American Residential Funding 2785 E. Desert Inn Rd Ste 110, Las Vegas NV 89121, 702.873.1489

5K Fun Run & 1-Mile Doggie Stroll at Aliante Homes

This Saturday, April 9th, Aliante Homes will be holding its second annual "Trails and Tails 5K Run and 1 Mile Doggie Stroll". Join in the 5K run through Aliante's scenic trail system or bring your 'best friend' for a 1 mile Doggie Stroll around Nature Discovery Park's 20 beautiful acres. If you don't have a dog of your own, the Lied Animal Shelter will loan you an adorable pooch to walk - which you can choose to adopt that very day. There will be awards, prize drawings and refreshments... plus free T-shirts for the two-legged participants and bandanas for all four-legged participants.

Pre-register online by this Friday, April 8th at Trails & Tails by Aliante or call 1-866-874-6394. Packets can be picked up at Aliante's Information Gallery on Friday, April 8, 7:00 a.m. - 6:00 p.m.

Net proceeds from the event will be donated to the Lied Animal Shelter / Date of the Event is Saturday, April 9th:
8:00 a.m. - Doggie Stroll: $15.00 with pre-registration / or $30.00 on the day of the race
8:30 a.m. - 5K Run: $15.00 with pre-registration / or $30.00 on the day of the race
9:00 a.m. - 1:00 p.m. - Pet Adoption and Post Event Party

Directions to the Aliante Information Gallery, 2600 Nature Park Drive, North Las Vegas 89084: Take US-95 north to the I-215 exit east. Head east on the I-215, exit at Aliante Parkway and proceed south to the Aliante Information Gallery.

Sounds like fun, folks. Don't miss it!

Konnel Peterson
REMAX Associates
1.702.858.7777

Special Rate! 1.75% to 2.95%!

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(4.98%APR) - Minimum middle FICO - 660
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Please call 1.866.424.3774 (toll free) or 702.860.8273 (local) for complete details.

Sara Radcliffe, 702.860.8273
American Residential Funding
2785 E. Desert Inn Rd Ste 110, Las Vegas NV 89121, 702.873.1489

Las Vegas Tops The List

Las Vegas real estate topped the list for the greatest home price gains with an average appreciation of 47.3 percent between the fourth quarter of 2003 and fourth quarter of 2004, according to the National Association of Realtors. Because buyer demand has been exceeding the supply of Las Vegas homes, there is a proportionate pressure on the price of those homes.

62 out of 129 metro markets nationwide also experienced double-digit home price gains for the same period.

~ Konnel Peterson
REMAX Associates

New Loan Program - 105% Financing!

Great News! Finance your closing costs, prepaid items and discount points with our new 105 Select!

We are pleased to announce our innovative new product called The 105 Select which consists of either a Fixed Rate or a 5/1 LIBOR ARM. The 105 Select will allow up to 100% financing with an additional 5% to be used to finance closing costs, prepaids and discount points for a maximum loan-to-value ratio of 105%.

Product Highlights-

• Purchase and Rate & Term Refinance Options
• 30-year term
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• Primary Residence only - sorry, no investors on this one!
• Minimum credit score 660

Excellent for first time homebuyers! Please call 1.866.424.3774 (toll free) or 702.860.8273 (local) for complete details.

Sara Radcliffe, American Residential Funding, 2785 E. Desert Inn Rd Ste 110, Las Vegas NV 89121, 702 873-1489