Las Vegas sees largest monthly tourism gain since 2005

In another sign that the city’s tourism industry is improving, Las Vegas in July saw its largest year-over-year visitation increase since December 2005. In July, the number of visitors increased by 4.7% to more than 3.3 million this year, according to a report by the Las Vegas Convention and Visitors Authority. Read full article: http://www.lasvegassun.com/news/2010/sep/10/las-vegas-sees-largest-monthly-tourism-gain-2005/

House votes to extend home buyer credit 3 months

Yesterday, the House overwhelmingly passed a bill, which would give homebuyers an extra three months to complete their purchases and qualify for a generous tax credit. The extended deadline only applies to people who signed purchase agreements by April 30. The bill now goes to the Senate, where Senate Majority Leader Harry Reid, D-Nev., has sponsored a similar measure. More than 2.6 million taxpayers claimed the tax credit through April, according to the Internal Revenue Service.
Read full article:http://www.usatoday.com/money/economy/housing/2010-06-29-homebuyer-tax-credit_N.htm

Mike Pristow | REALTOR®
____________________________
Mike Pristow, Donna Hodge & Associates
Keller Williams Realty - The Marketplace
2230 Corporate Cir., #250
Henderson, NV 89074
d. 702 .939 .0034
f. 702 .948 .1001
e. mike@pristow.com
www.pristow.com

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Nevada to get $102.8 million for foreclosure prevention

Nevada will receive $102.8 million as part of a program to help residents who are trying to avoid foreclosure on their homes.

President Obama announced the "Hardest Hit Fund" earlier this year during a visit to Las Vegas. Nevada is among five states that will receive funds from the program, and Senate Majority Leader Harry Reid said Nevada will receive the largest amount per resident.

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Las Vegas April Home Sales Up 0.2% from a Year Earlier

A total of 4,462 new and resale houses and condos closed escrow in the Las Vegas-Paradise metro area (Clark County) last month - up 0.2% from a year earlier. April's sales total was the highest for that month since April 2006, when 6,663 homes sold. Last month marked the 20th in a row in which sales have risen on a year-over-year basis. The median price paid for all new and resale houses and condos sold in the Las Vegas metro area in April was $133,955, up 3.0% from $130,000 in March and up 0.7% from $133,000 a year earlier. Read full article:
http://www.thestreet.com/story/10767728/1/las-vegas-april-home-sales-dip.html