MGM Mirage Will Develop A Vegas Style Vietnam Casino In $4.2B Resort

Date November 20, 2008

MGM Mirage will develop a Las Vegas style Vietnam casino in a $4.2 billion resort.  The gaming operator will be working with the Asian Coast Development for its most recent business partnership for a MGM Grand hotel casino within the Ho Tram Strip.
The luxury hotel casino in the Asian Coast’s Ho Tram Strip resort and […]
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Zionsville Real Estate Market Report - October 2008

Date November 19, 2008

For the month of October, there were 27 homes sold and closed in Zionsville, compared to 40 homes sold in September.

Of the 27 homes sold in October, 1 home was bank owned or REO.

The highest price home sold was $592,110.

The lowest priced home sold was $88,051.

The average Zionsville home sold was a three bedroom, three bath with 2608 square feet and sold for $316,172.

The average Days on Market for homes sold was 61 days, down from 72 days last month.

There are currently 353 homes available for sale in Avon, which gives us an absorption rate of 13 months.

Average days on market and absorption rate will vary by price range.

Click here for a neighborhood community report.

Keep Track of sales in your Zionsville neighborhood

Search All Zionsville Homes for Sale

First SnowFlakes

Date November 18, 2008

My daughter called to tell me it is snowing where she works. At the time, there was no snow here at home, but, sure enough, it is snowing. Just light flurries and a cold chill in the air.

Hopefully, we wont see any accumulation, but here’s a few shots from home to document the first snowflurries of the 2008–2009 winter in Indianapolis.

Snow in Indy

I was able to catch a picture of the dog who hates to be photographed. I’m not sure where his fear of cameras comes from, but usually, he runs the other way. I think his determination to get inside was greater than his desire to avoid the camera.

Bandit with Snowflakes

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Market Report Observations

Date November 18, 2008

Percent vs DollarWhile working to bring you the October Market Reports, I have been studying different statistics within the data to bring you additional informaton for the market reports.

Many homeowners are concerned with the number of foreclosures in their neighborhood. Homebuyers seem to be looking at the short sale and foreclosure opprtunities in the market. Interestingly, the number of foreclosure or short sales (homes sold in distress situations) are not the majority of sales.

My preliminary research indicates most of the sales are properly priced homes which are ready to move into. I have already posted the Avon Market Reports, which indicates about one-third of the homes sold last month were short sale or foreclosed properties. I am currently working on theZionsville Market Report and only one of the 27 homes sold in Zionsville was a foreclosed property.

I will be adding the stats for the number of short sales and foreclosed properties to each of my market reports this month. I hope to have them all completed and posted by the weekend. Stay tuned………..

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Strippers Rejoice: Employment By A Penthouse Brand Las Vegas NV Hotel

Date November 18, 2008

Strippers rejoice with possible employment by a Penthouse Brand Las Vegas NV Hotel.  The Penthouse CEO has gone public with a possible real estate purchase on the Las Vegas Strip.  Watch out casino operators, the men’s magazine could put a new spin on attracting visitors to their casino.
As others are aware that now is the […]
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Single And Two Story Homes For Sale At Riverstone Start At $204,950

Date November 18, 2008

Single and two story homes for sale at Riverstone start at $204,950.  Riverstone is located at Prescott Park in Las Vegas real estate by Pardee.
Home buyers access to a private 4.5 acre park, special mortgage financing programs, large home floor plans and reduced energy costs through the energy efficient EnergySmart home that includes sealed ducts […]
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Calendar Of Conventions In Las Vegas Nevada Hotels Dec 2-8 2008

Date November 18, 2008

Calendar of Conventions in Las Vegas Nevada Hotels

Las Vegas Convention Schedule For Nov 25 - Dec 1 2008

2008 Contact Center World Top 100 Conference
Red Rock Casino Las Vegas      12/02/2008      12/04/2008      100
Anthem Blue Cross & Shield December Meeting
Arizona Charlie’s Decatur     12/02/2008     12/23/2008     20

International Brotherhood Of Electrical Workers (AFL-CIO-CLC) - 2008 […]
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UFC 91 RANDY COUTURE Vs BROCK LESNAR Official Weigh In Results

Date November 16, 2008

UFC 91 Pay Per View event Randy Couture vs Brock Lesnar official main event weigh in results.
Ultimate Fighting Championship 91 will take place Saturday night (PPV 10pm ET / PT) at the MGM Grand Garden Arena in Las Vegas, Nevada.
All of the UFC 91 mixed martial arts fighters made weight today at the MGM Grand […]
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Avon Indiana Real Estate Market Report - October 2008

Date November 14, 2008

For the month of October, there were 39 homes sold and closed in Avon, compared to 67 homes sold in September.

Of the 39 homes sold in October, 13 were homes which were distressed sales; 12 were bank owned and 1 was sold as a short sale.

The highest price home sold was $$670,000.

The lowest priced home sold was $70,000.

The average Avon home sold was a three bedroom, two bath with 1981 square feet.

The average Days on Market for homes sold was 82 days, down from 85 days last month.

There are currently 456 homes available for sale in Avon, which gives us an absorption rate of 11.6 months.

Average days on market and absorption rate will vary by price range.

Click here for a neighborhood community report.

Keep Track of sales in your Avon neighborhood

Las Vegas Condo Buyers May See Deposits Returned After Court Approval

Date November 14, 2008

Las Vegas condo buyers may see deposits returned after court approval.  The bankrupt Mira Villa condos in Summerlin are close to several motions for the bankruptcy trustee to approve postbankruptcy financing of $38 million in several weeks.
The luxury Summerlin condominiums stopped construction earlier this year.  Last month the court held a hearing for purchase agreement […]
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