I happen to be in the real estate business
here in Vegas.
There are few places in Vegas\Henderson that have crime issues. A lot differnet from where I left LA.
I would suggest that your choice of location will be more based on how close and how easy will it be for you to get to work vs where you live. I lived in the Northwest part of town [very nice, esp if rasing kids] and my wife and I [no kids] moved to the Southwest becuase it was closer to our offices and the strip was more easy to get to [no kids, like the nightlife vegas provides].
You should be able to rent a house for that amount vs an apt. BIG difference renting a house vs an apt. Among many reasons a house will be better, Vegas is no.2 in the nation for car theft. So try and get a place with a garage.
Too bad you cant buy, my company owns a moving company and we would have moved you here for free [when buying any home].
For everyone's info, the new home builders here grabbed too many permits in 2004 and 2005. Now they have too much inventory\land and Vegas has never seen the kind of incentives that the New home builders are offering right now. Hurts the re-sale market, but great if you what a new home [lots of standing inventory].
here in Vegas.
There are few places in Vegas\Henderson that have crime issues. A lot differnet from where I left LA.
I would suggest that your choice of location will be more based on how close and how easy will it be for you to get to work vs where you live. I lived in the Northwest part of town [very nice, esp if rasing kids] and my wife and I [no kids] moved to the Southwest becuase it was closer to our offices and the strip was more easy to get to [no kids, like the nightlife vegas provides].
You should be able to rent a house for that amount vs an apt. BIG difference renting a house vs an apt. Among many reasons a house will be better, Vegas is no.2 in the nation for car theft. So try and get a place with a garage.
Too bad you cant buy, my company owns a moving company and we would have moved you here for free [when buying any home].
For everyone's info, the new home builders here grabbed too many permits in 2004 and 2005. Now they have too much inventory\land and Vegas has never seen the kind of incentives that the New home builders are offering right now. Hurts the re-sale market, but great if you what a new home [lots of standing inventory].
Lived in practically every area of Vegas in my 17+ years there.
Having said that, the best area to me is most certainly HENDERSON and more specifically, the GREEN VALLEY RANCH and SUNSET CASINO areas.
If I were you, I wouldn't even consider anything even remotely else.
Just my two cents.
-FH-
PS- Second would be the SOUTHWEST area towards BLUE DIAMOND.
Having said that, the best area to me is most certainly HENDERSON and more specifically, the GREEN VALLEY RANCH and SUNSET CASINO areas.
If I were you, I wouldn't even consider anything even remotely else.
Just my two cents.
-FH-
PS- Second would be the SOUTHWEST area towards BLUE DIAMOND.
Whoson1st said:
The heart of Henderson is no more than 15 miles from the CENTER of the Vegas strip.
Green Valley Ranch and Sunset Station are very nice casinos in the area...........in fact, overall they are probably my favorite two casinos in the entire valley.
Yes, Henderson is more expensive than Laughlin.............but Laughlin is 90 miles south, much hotter, and basically a small country town on the Arizona/Nev border seperated by the Colorado River.
Fishhead said:
You are THE man . Great info. Henderson has now become my top spot to hunt. Guy I know just returned from 2 weeks in Vegas, he said some casino was offering bus trips to Laughlin. He said that's where he would probably go if he ever moved out that way. I'm from real country --grew up on a farm, but don't think I would like rural areas today. Probably tough to find apts there too.
Laughlin would be on my short list of worst possible places to live ! Hot and right out in the middle of nothing and a long way from Vegas and plenty of highway Patrol to give out tickets like a pervert giving candy to kids ! Summerlin is nice area but I don't like the traffic jams on all the roads leading into town and I know all the shortcuts.Whoson1st said:You are THE man . Great info. Henderson has now become my top spot to hunt. Guy I know just returned from 2 weeks in Vegas, he said some casino was offering bus trips to Laughlin. He said that's where he would probably go if he ever moved out that way. I'm from real country --grew up on a farm, but don't think I would like rural areas today. Probably tough to find apts there too.
High Rises and the market in five years...
we should have two high rises opennext month. One is a condo-hotel the other is live in. Unlike a new home builder opening, where 2-6 homes are released at a time, the high rises will close escrow on hundreds of units at once.
We will all see how many go up for re-sale and at what price. There are two mega projects to be built over the next 5-7 years. One on the soon to be blown up Stardust site and MGM's City Center. On the strip or strip close condos will always be in demand. I cant see any of them going for under 500 sq ft, ever. I read an article that advised the builder cant make money on a new project unless it sells for 1000-1200 sq ft.
Vegas has and will probably always have a huge influx and outflux of people. I would buy a small business before I would buy investment real estate here. Our prices have gone up, BUT compared to California we are still about 60cents on the dollar.
If you are going to live in your home, Vegas has many home buying opportunities, it just doesn't have the "buy today, flip tommorrow opportunities anymore.
As far as the town, what other city gets as much pub as vegas in the last three or so years. Its amazing, new club, hot women, high rise living, etc. The funniest thing I see these days is a group of out of town guys getting table\bottle service at a decent club. They have seen the commercials! In one night [no gambling], they will drop around 2-3k [three bottles, misc and tip] for 4-6 guys and may never even talk to any ladies other than thier hostess. Or if the club swings a group of ladies over to the table, you can add another 1-2k to the bill, for some small talk and pic phone action. What happens in Vegas is usually half made up, haha! For the out of towners that is......................
we should have two high rises opennext month. One is a condo-hotel the other is live in. Unlike a new home builder opening, where 2-6 homes are released at a time, the high rises will close escrow on hundreds of units at once.
We will all see how many go up for re-sale and at what price. There are two mega projects to be built over the next 5-7 years. One on the soon to be blown up Stardust site and MGM's City Center. On the strip or strip close condos will always be in demand. I cant see any of them going for under 500 sq ft, ever. I read an article that advised the builder cant make money on a new project unless it sells for 1000-1200 sq ft.
Vegas has and will probably always have a huge influx and outflux of people. I would buy a small business before I would buy investment real estate here. Our prices have gone up, BUT compared to California we are still about 60cents on the dollar.
If you are going to live in your home, Vegas has many home buying opportunities, it just doesn't have the "buy today, flip tommorrow opportunities anymore.
As far as the town, what other city gets as much pub as vegas in the last three or so years. Its amazing, new club, hot women, high rise living, etc. The funniest thing I see these days is a group of out of town guys getting table\bottle service at a decent club. They have seen the commercials! In one night [no gambling], they will drop around 2-3k [three bottles, misc and tip] for 4-6 guys and may never even talk to any ladies other than thier hostess. Or if the club swings a group of ladies over to the table, you can add another 1-2k to the bill, for some small talk and pic phone action. What happens in Vegas is usually half made up, haha! For the out of towners that is......................
