Investors Buying Las Vegas Real Estate
Work with the Market Leader in Las Vegas who will save you Time and Money! RE/MAX CENTRAL has been been featured via CNN, USA Today, RTL TV in Germany, Channel 4 in the UK, NY Times, Fast Company, Business Week, CBS Morning Show, The Learning Channel (TLC) and the local CBS, NBC and Fox Affiliate TV Stations here in Las Vegas.
The majority of our Agents are Certified Distressed Property Experts, meaning they have been trained to handle Foreclosure sales.
Las Vegas Real Estate Driven by Growth
International Visitors Buying Second Homes in Las Vegas
Approximately 5-6K people relocate to Las Vegas every month - a significant percentage of this growth is being driven by Asians, Candadians and Europeans.Horace Greeley's mantra for western growth in the
late 1800's was "go west young man/woman" - but in today's world, we are seeing a reverse of the traditional population growth patterns.
Eastern immigration is fueling Las Vegas Real Estate growth, certainly driven in part by the large number of Asian Americans heading East and Europeans heading West!
Las Vegas Real Estate Growth Pattern Shifting
What's triggering this shift in growth? Some neighbors to the west are sick of California's clogged freeways, poor schools, crime problems and increasing smog and relocating to cities like Las Vegas and Phoenix.
Many Asians perceive Las Vegas Real Estate as a bargain, when contrasted with prices in California and Washington. And, our cultural diversity is a big plus to them, especially when coupled with the huge growth occurring in our local Asian population.
Based on our local consensus information, Nevada has the most rapid growth of any state in Asians. According to our 2007 Census Bureau Asians now comprise about 8.25 of Nevada's 2.6M people - we've seen a growth rate of approximately 67% to around 211,000 in the last ten years alone.
Las Vegas has Growing Diversity
Look no further than our local Las Vegas Chinatown for evidence of Asian growth. Chinatown was only a few blocks long just ten years ago - but today if you drive down Spring Mountain Boulevard it covers almost four miles, offering every conceivable business or restaurant, while catering to 4-6 different Asian languages.
The look and feel of Las Vegas Real estate is changing to fit this influx of Asian Americans - construction has been scheduled this year for the start of a 180K square foot Asia Town Center which will feature ten of the West's most well known retailers and the anchor grocer will be Hmart, comprising 50K square feet, selling produce, meats, household wares and prepared foods that will cater to Asians.
Our local business community is evolving to fit our "cultural Tsunami" shift occurring with this huge influx of Asians - we now have the First Asian Bank which caters to the financial, linguistic and cultural needs of the Asian community; the first national glossy magazine targeted for all Asian cultures is scheduled to be launched in Vegas in September, the monthly AsianAm, targeting demographics of 18 to 34; our Asian Bar Association formed by three attorneys a few years ago now has over 50 active members.Las Vegas Job Growth
Las Vegas is embracing the Asian community growth for very practical reasons - we have jobs to fill! As an example, the first phase of the MGM Mirages City Center, a $9.2 billion 68 acre project is under construction and will require 12,500 employees and the Echelon, a $4.8 billion hotel project scheduled to be opened in 2010 will need 12,000 workers.
So, forget Horace Greeley's advice - go east to Las Vegas where the action is and local Las Vegas Real Estate is on Sale!!

John and Ruth Ahlbrand, Co-Founders of RE/MAX CENTRAL of Las Vegas
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- Tip for finding home in mkts where inventory may be low; ask your RE/MAX Agent to search MLS list for homes just taken off mkt & contact.
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- Pardee Homes has just announced special pricing/promos here in Las Vegas: http://bit.ly/4ngKNp #realtor #homesforsale #homes #remax
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- Summerlin great place to live in Las Vegas with 15 Retail Centers, very family friendly community: http://bit.ly/7DrsRK #summerlin #realtor
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- American West announces major promotion for their new homes, with aggressive pricing & awesome promotions: http://bit.ly/4KeYw9 #homes
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- Informative post about Foreclosure Assistance: http://bit.ly/1eSIFX #realestate #LasVegas #realtor #foreclosure
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- Our drop dead gorgeous City Center Mega-complex getting good early reviews from tourists: http://bit.ly/7KEnNi #CityCenter #LasVegas
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- Get a detailed analysis of Las Vegas Real Estate Market, with facts & figures: http://bit.ly/6bsOWF #LasVegasRealEstate #Realtor
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- Expect some great deals via Short Sales here in Las Vegas in 2010; Fed pressure on banks will help to drive much more of these.
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- Las Vegas Real Estate still holding to $125K Media Price, making our market affordable, with investors aggressively snapping up homes.
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- Just posted informative Blog: Las Vegas Real Estate Report, filled with analysis, facts & figures: http://bit.ly/6bsOWF #LasVegasReaEstate
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