Media Attention for Las Vegas
Las Vegas was named the #1 Place to Live and Play in the U.S. by National Geographic Adventure Magazine
According to the article, Las Vegas..."is not just for high stakes and low morals anymore. With more outdoor action within a 200-mile (322-kilometer) radius than any other major town in the nation, Sin City has got a new slogan: Whoever plays in Vegas, stays in Vegas.
People don't move to Las Vegas to be closer to slot machines or first in line for Celine Dion tickets. They move for opportunity, both financial and recreational. This kind of opportunity may be more organic in Las Vegas than in any other city on Earth. That puts pressure on its civic planners—the town has huge challenges in terms of energy efficiency and water consumption—but while it has nearly doubled in size since 1990, it is doing better than most cities at managing growth."
CLICK HERE to read the full article.
Las Vegas Review Journal Reports that Las Vegas Was Ranked Best Place to Buy a Home
"With prices at 20-year lows, Las Vegas ranks as the best city in the country to buy a home instead of renting, a survey by San Francisco-based Trulia.com real estate listing service shows.
About half of Las Vegas home sales are cash-only transactions, and many involve foreign investors."
CLICK HERE to read the full article.
Why Las Vegas?
Although Las Vegas has suffered along with the rest of the U.S. through the current recession, it has also begun to rebound more quickly than other U.S. cities. According to the Metro Monitor economic report, the Brookings Institution think tank in Washington reported that Las Vegas enjoyed a 1.1 percent increase in its gross metropolitan product. This ranks Las Vegas third in the nation, behind only Houston and Austin, TX. This growth rate is nearly triple the national average. This comes as no surprise to many Las Vegas based industry watchers, including Glenn Plantone, who have consistently maintained that Las Vegas, with its reliance on internationl tourism and spending, would rebound more quickly from both the national recession and the housing market collapse. Continued economic growth and immigration to the Las Vegas Valley should put upward pressure on home prices over the coming decade.
Las Vegas enjoys a mild, year round climate that makes it especially appealing to retirees and those looking for vacation homes. As baby boomers begin to reach retirement age, Las Vegas and other temperate retirement destinations are expecting to see a resurgence in homes sales and population growth.
Strong Cash Flow
Las Vegas was just ranked as the best city to buy vs. renting in the U.S. according to Trulia's Summer 2011 Rent vs. Buy Index. With a price-to-rent ratio of 6 on Trulia's scale, Las Vegas boasts the highest rents in the nation compared with the cost of purchasing real estate. This is good news for investors as it means that Las Vegas is the best place to find extremely strong cash flow for your investment dollars.
Las Vegas is famous for The Strip, but there are countless ways for families to have fun througout the Las Vegas valley. From extreme sports to theme parks, natural preserves to sporting events, museums to live performances and everything in between...Las Vegas recreation offers something for everyone. CLICK HERE to read more about area attractions including links to some of Las Vegas' most popular destinations.
More than 50% of our investor clients are from outside of the United States. We specialize in helping foreign nationals acquire investment property in Las Vegas. Most of our foreign investors purchase property with cash, but we can also help non-U.S. citizens to obtain financing for their property purchases...especially Canadians who receive more favorable terms.
Once the Las Vegas property has been purchased, our help doesn't end there. We also offer full service, long term property management for all of our homes. We provide an investing experience for our out-of-town investors that is truly turn-key.
If you are a foreign national looking to acquire investment property in Las Vegas, please contact Glenn directly:
(702) 656-3264 xt: 203