Las Vegas Real Estate

Las Vegas is a city in southern Nevada and located in the Las Vegas Valley, a desert surrounded by the Spring Mountains to the west, Frenchman Mountain to the east, the Sheep and Las Vegas ranges to the north and the McCullough Range to the south. Las Vegas serves as the center of one of the fastest growing metropolitan areas in the United States.

The city of Las Vegas covers a land area of 215.2 sq km (83.1 sq mi). The growth of the Las Vegas metropolitan region was the fastest in the nation in the 1990s, increasing 83 percent between 1990 and 2000. The population of the region jumped from 528,000 in 1980 to 853,000 in 1990. By 2004 the population reached 1,651,000. In addition to Las Vegas, the city’s metropolitan region includes North Las Vegas, Boulder City, Henderson, Mesquite, and a large number of unincorporated communities.

Las Vegas is widely known for tourism, gaming, a dry and vigorous climate, and an assortment of indoor and outdoor recreational activities. The city is also booming in manufacturing and industrial employment, in the construction of new houses, and in the creation of new service jobs. It bills itself as the “Entertainment Capital of the World,” and tourism, gaming, and entertainment represent a large portion of the city’s revenue. In addition to its widely known casinos, Las Vegas attracts visitors to its outdoor shows, including simulated volcanic eruptions, pirate duels on artificial lakes, and laser cannon displays. Indoor casino shows, with world-famous entertainers, are also popular. Annual events include the National Finals Rodeo and the Las Vegas Invitational Golf Tournament. Las Vegas is a popular destination for tours and conventions, including COMDEX, an annual computer show. The Las Vegas Motor Speedway opened in 1996.

For the Real Estate Investors, the best thing you do is to invest in Las Vegas. The city is ready for the next major Real Estate boom. The Las Vegas High Rise boom caused so much international attention, that city council meetings were starting to worry about airport expansion based on the proposed high rise projects in Las Vegas. There are still over 50 proposed Las Vegas high rise opportunities on the horizon with names like Trump, Ivana, and various Hollywood Celebrities throwing their hats into the development arena. This is a national trend that Baby boomers are sure to keep alive. The residential real estate is also being built out as fast as possible. There are still somewhere between four thousand and six thousand people moving to the valley on a monthly basis. Also research indicates that more and more people are using the Internet to start their home search, and one of the most popular terms still being searched today is Las Vegas real estate. The real estate here in general you’ll want to work with is the best of the best.
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