Las Vegas Forecast "Half full"

Steve Budin who leads the Budin Group, a financial services and wealth management firm in Las Vegas NV and Carlsbad CA was our recent guest speaker. Steve is well known for his financial advice he shares with local audiences on KTNV Channel 13. He provided some of his unique insight to our local business owners about the near-term economic picture in Las Vegas.

Most top financial planners like Steve learn to be cautious with their clients money, so even when things seem to be going very well for the Las Vegas economy he still remains cautiously optimistic. When he speaks to some of his local clients, he gets some great insight into the development in Las Vegas. Recently a few of his clients mentioned land costs and construction costs have risen at steeper pace than many would like. However, he feels it is still a story of continuous economic growth and he is definitely optimistic that we are a glass "half full" economy in Las Vegas.

There are so many large projects already funded that are underway propelling our local economy forward. Steve said that for every dollar spent in the local economy it creates six dollars in additional revenues passed down to other businesses.

Monthly Breakfast - June 2017

Las Vegas Real Estate Update

Heidi Kasama the incoming State President for the Nevada Association of REALTORS was the keynote speaker for June.    She shared the most recent sales figures for Las Vegas and the numbers showed what we have suspected that the market is suffering from a shortage of available homes for sale.

"We only have 5,600 homes for sale in a valley of approximate 2 Million people, Says Kasama."   Of the homes that recently closed, the average days on market is 36 which is down from 43 in April.

When asked if she was worried about the market over-heating as it did in 2006 she said that with the strict guidelines on appraisals and tight lending rules it should not overheat.  

As a property manager of 250 homes Heidi said she routinely uses the contractors in My Las Vegas Connections and thanked them for their professionalism and dependability.

Monthly Breakfast - May 2017

On the second Thursday of each month the vendors get together at Los Lupes Mexican Restaurant to share referrals and learn about upcoming marketing opportunities with My Las Vegas Connections.  At the March meeting Clark County Commissioner Susan Brager was the keynote speaker and gave an overview of many exciting projects underway in the Las Vegas Valley.  Her optimism for what is happening in Las Vegas is very evident as she shared her outlook for the valley.

Commissioner Brager has been a resident of Clark County for more than 50 years. During this time, Susan has worked to improve education as a parent volunteer, school employee and school trustee. Susan served three terms on the Clark County School Board from 1995-2006. During her tenure, she served as president, vice president and clerk.

Susan became commissioner of District F in January 2007,  was re-elected and sworn into a third term January 2015. She was selected by her fellow commissioners to serve as chair of the Commission from 2011 to 2013.   A REALTOR with Berkshire Hathaway Home Services of Nevada for more than 27 years, Susan is a long-standing member of the Greater Las Vegas Association of Realtors. 

Berkshire Hathaway Home Services Awards

Our largest and most successful event of the year is held during the Berkshire Hathaway Home Services of Nevada awards ceremony.  Our vendors have the opportunity to promote their business to the 600 REALTORS in attendance.  Each vendor set up their table in the main ballroom where the award ceremony was held for the ultimate exposure to the sales associates.   We also had some of the largest and most successful home builders in the country here to promote their new homes in the Las Vegas Valley.

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