http://markp.cbvegas.com/blog/archive_201504/sort_entrydatetime-desc/ Southern Nevadans are seeing a brighter future ahead and they like living here. At least, that’s what they said in a poll of 500 residents as a part of a comprehensive survey to be released at the upcoming Las Vegas Perspective event. As we see the economy improve, Southern Nevadans are telling us that they see their family’s income either holding steady or improving one year from now. Less than 20 percent see their paycheck shrinking.Compared to our regional metropolitan neighbors (Los Angeles, Phoenix, Denver, Salt Lake City), Southern Nevadans say our region is the best one to live in. Now, that might sound unsurprising, but it shows we havea great quality of life here. Other communities struggle with unsatisfied residents who would rather live somewhere else if circumstances permitted, but our residents tell us they’re happy here.That’s not to say we don’t face challenges. When we asked Southern Nevadans to tell us what would make the community a better place to live, they ranked stronger K-12 public schools and stronger colleges and universities as the No. 1 and No. 2 most important issues we face today. Following those two education concerns were more efforts to decrease crime, more parks and recreation centers, more arts and cultural activities and institutions, and less road congestion and more public transit. Ranked least important was better dining and entertainment options. (That could be because two-thirds of people say they’re satisfied with the availability of recreational amenities, entertainment, and dining options in our community.)In addition to the full data for these questions, you’ll find all of the full survey and lots more in the Las Vegas Perspective, Southern Nevada’s premier source of community and economic development data, analysis and forecasting. The market overview data book will be released at a May 19 launch event, which will begin at 8 a.m. at the Four Seasons hotel. For more information and tickets, please see LVGEA.org/calendarJonas Peterson is the President & Chief Economic Development Officer at the Las Vegas Global Economic Alliance, the regional economic and community development organization for Southern Nevada. http://markp.cbvegas.com/blog/795/hed:-southern-nevadans-weigh-in-on-quality-of-life-business-climate / Mon, 20 Apr 2015 12:26:36 -0800 April 1, 2015 – Las Vegas, NV – Coldwell Banker Premier Realty’s (CBPR) 2015 first quarter sales saw an increase of 14 percent from last year’s first quarter. Additionally, CBPR and its staff were awarded a number of accolades throughout the first quarter of 2015.CBPR’s Corporate Services Division was awarded the “Platinum Award” by Cartus for its relocation services. Molly Hamrick, President, COO was honored as University of Nevada Las Vegas’ (UNLV) Marketing and International Business (formerly the Marketing Department) Alumnus of the Year. Tammy Pitts, Vice President of Operations for CBPR made Nevada Business Journal’s 40 under 40 list while Paula Burlison, Carole Crowder, GRI, CFAC, Kameron Kildea, Tina Mello, Dianne Varney and Loralee Wood were all named among Nevada’s Top Residential Realtors by Nevada Business Journal.  Diane Varney was also awarded Top 25 Women In Real Estate by Nevada Business Journal. To top off the 1st quarter of the year, Devin Reiss, ABR, CRB, CRS, GRI, CBPR’s Senior Director of Career Development, was featured on the front page of the Nevada Real Estate Division’s monthly newsletter showcasing his appointment as one of only five Real Estate Commissioners. With the scheduled release of realistiQ’s real estate software along with an increase in agent training, CBPR projects it will continue to have a strong year.About Coldwell Banker RealtyColdwell Banker Premier Realty in Las Vegas, Nevada is ranked among the nation's leading real estate brokers in sales and innovation. CBPR is ranked among the top of all Coldwell Bankers nationwide. CBPR, acquired by Bob and Molly Hamrick in 1998, has three offices in Southern Nevada (Summerlin, Henderson and Centennial Hills) and presently employs over 200 agents. In addition, Bob Hamrick served as senior vice president and broker of City Center Realty Corporation and is recognized nationwide as an expert on the Las Vegas real estate community. http://markp.cbvegas.com/blog/852/coldwell-banker-premier-realty-has-strong-first-quarter-–-2015/ Wed, 15 Apr 2015 06:16:04 -0800 MARKET STATSWe are beginning to witness favorable seasonal trends including a 12.4% increase in open escrows compared to January. Despite not having traditional “seasons” in Las Vegas, evident by the severe winter the Northeast experienced while we enjoy the sunshine, there is seasonality in residential sales. The spring season tends to be very favorable for sellers who desire to list their home and in the recent month, more escrows were opened compared to new listings. If you are contemplating listing your home this year, consider that inventory levels tend to be lowest in the late spring and early summer months while sales activity tends to peak during the same time period. Furthermore, listing your home now typically gives sellers pricing power in the market.Going to the Dogs!Be sure to check out the "Homes' Best Friend Commercial" featuring our favorite four-legged children!Here is the heart string pulling ad we are airing across the country!Source: Mlxchange, Coldwell Banker Premier Realty. *Bank owned listings not under contract. Note: Averages tend to be greatly influenced by outliers. Condominiums/townhomes exclude high-rises.The information and opinions in this report are believed to be reliable and has been obtained from sources believed to be reliable. Coldwell Banker Premier Realty makes no representation as to the accuracy or completeness of such information. The opinions expressed in the report constitute the judgment of the authors only and may not reflect the opinion of Coldwell Banker Premier Realty. This report is provided for informational purposes only and does not constitute investment advice. This report may not be circulated or copied without our prior written consent. http://markp.cbvegas.com/blog/876/our-las-vegas-market-march-2015/ Tue, 14 Apr 2015 05:10:52 -0800 Hospitality Cosmopolitan $1,730,000,000 1,000,807 sq.ft 2,995 room hotel and casino Purchased by Blackstone Group from Deutsche BankDowntown Summerlin Fashion, dining and entertainment 1.6 million sq.ft Shopping opened 2014 Multifamily, hotelThe Linq The Linq Promenade includes dining, shopping and entertainment, with a 550-foot observation wheel Hotel is 2,640 rooms Casino is 118,000 sq.ft The observation wheel, called the High Roller, opened in March 2014Grand Bazaar Shops Open-air market with world known brands and unique retailers Opened February 2015 Project tends to target millennialsSLS Hotel & Casino Casino, Hotel and Nightlife 1,600 guest rooms Opened late 2014 Was formerly the shuttered Sahara Hotel & CasinoShowcase Mall 3769-3771 S Las Vegas Blvd $139,500,000 95,714 sq.ft Built in 2009 100% occupiedRetail Showcase Mall Phase I 3785 & 3769 S Las Vegas Blvd $145,000,000 182,755 sq.ft Built in 1997 Traded at an estimatd 6% cap rateOffice Metropolitan Police Department HQ $205,000,000 3 buildings/373,327 sq.ft Built in 2011 Purchased by Clark County with LVMP as tenantOffice Marnell Corporate Center $39,350,000 3 buildings/176,960 sq.ft Built in 2004,2005 & 2006 Had a blended occupancy of 76% at saleMultifamily Savannah Apartment Homes $73,050,000 472 units Built in 1999 Cap rate was estimated to be 5.2%Industrial 7445 Dean Martin Rd Portfolio $21,000,000 208,076 sq.ft Built in 2007 Cap rate was estimated to be 6.81% at 95% occupiedResidential Land Toll Brothers Purchase-Southwest Valley $44,800,000 110.7 acres Plans include an active adult community. It should be noted that many Howard Hughes sales to homebuilders are not exactly arms-length so price per-acre may not reflect market.Residential/Commercial Land Monte Chiaro Condo Site $22,500,000 53 acres Originally started as an age qualified condo projectCommercial Land IKEA site $21,777,100 26 acres Planned for 351,000 sq.ft storeLuxury Single Family Home The Ridges. A Summerlin elite community $8,050,000 12,445 sq.ft on .89 acres 2013 construction of a a contemporary, extremely well featured home.Luxury Condominium One Queensridge Place $7,700,000 15,691 sq.ft The Crown Penthouse. Offered as grey shell. This will no doubt be finished as one of the Valley’s most impressive homes. http://markp.cbvegas.com/blog/800/major-sales-&-projects-in-las-vegas-2014-&-2015-ytd/ Thu, 02 Apr 2015 04:41:51 -0800 It’s a great weekend to get out and enjoy the weather and some of the great festivities around Las Vegas Saturday, April 4th.  It’s an action packed Saturday and we are here to help you make the most of it. Here’s some of the wonderful activities to join in on this weekend brought to you from Coldwell Banker Premier Realty! Days in the Life of a Cowboy or CowgirlMcKee RanchSaturday 11 am – 4 pmDetails HereSpring Mountain Ranch Easter Egg HuntSpring Mountain RanchSaturday 10 amDetails HereTown Square Hop and Shop Easter CelebrationTown Square MallSaturday 10 am – 5 pmDetails HereEaster Festival 2015Centennial Hills Park (Butterfly Park)Saturday 10 am – 5 pmDetails Here  http://markp.cbvegas.com/blog/887/easter-events-in-las-vegas-2015/ Thu, 02 Apr 2015 02:17:11 -0800