Luxury Lake Las Vegas**Lakefront Living***

Lake Las Vegas was masterfully designed to capture the look and feel of Italy’s old-country charm. While this community is located a mere 20 minutes from the Las Vegas strip and McCarran International Airport, the replica of Florence’s Pontevecchio Bridge should be enough to convince you’re worlds away. Amenities Golf course Helipad Marina Sailing Paddle boarding Kayaking Canoeing Tennis Swimming Hiking Fast walking Pilates Bird sanctuary Preserve Photography Horseback riding Ice skating Live entertainment Year-round events Postal services Village shopping High speed internet Education C.T. Sewell Mahlon Brown Jr. Basic Medical St. Rose Dominican Hospitals Churches St. Paul’s Charismatic Episcopal Church Open Arms Church of God Jesus Triumphant Christian Complex Dining & Entertainment Bernardo’s Bistro (Fresh French) Harry Casino (Continental) Luna Rosa (Italian) Auld Dubliner (Irish Pub) Sonrisa Grill (Mexican) Sunset and Vines (American) Rocky Mountain Chocolate Factory Rick’s Cafe (Loews) Marssa (Fusion) Cigar Bar (Village) Golf Courses Black Mountain Golf & Country Club Southshore Tuscany Golf Course Library James I Gibson Library Whitney Park Library Parks & Recreation City of Henderson Parks & Rec Henderson Bird Preserve Burkholder Park Rodeo Park O Callaghan Park Montelago Village Resort Hotels Ravella Loews Montelago Village Click the link to see all of the homes and estates available in Luxury Lake Las Vegas http://www.ucanownvegas.com/HomesAuthenticated.aspx?tabid=2551413

400 Richest in U.S. Worth $2 Trillion

According to new research from Forbes, The 400 richest people in the U.S. are now worth a record total of $2 trillion. Entry into this prestigious group starts at a net worth of $1.3 billion, while the average net worth of the group is $5 billion. Topping the 400 Richest list for another year was Bill Gates, with a net worth of $72 billion. Warren Buffett ranks as the second wealthiest American with $58.5 billion - despite having given away about $1 billion last year. In a recent column, CNBC Wealth reporter Robert Frank offers some perspective on how much $2 trillion really is, starting with the fact that it is “more than the combined net worth of half of all Americans. The bottom half, of course.” Here are more of Robert’s comparisons: •$2 trillion would pay for all of the existing home sales in the U.S. in 2012 and 2013 year-to-date! •$2 trillion is more than the annual GDP of Italy, Mexico or Canada. •$2 trillion is equal to the Federal Reserve's holdings of publicly traded U.S. Treasuries. •$2 trillion would fund all government spending through July of this year. •$2 trillion is equal to about two-thirds of all taxes to be collected in the U.S. for 2013. http://www.forbes.com/sites/forbespr/2013/09/16/forbes-announces-its-32nd-annual-forbes-400-ranking-of-the-richest-americans/

June 2013 Market Condition Report

There were a total of 3,474 Single Family, Condos and Townhouses closed in the month of May. (This # is down by 246 for closed transactions within the month of May). Resale 2071 – 59.6% Short Sales 1101 – 31.7% REO 302 – 8.7% Comparing May 2013 #’s/ Resale was 2141- 57.6% ~ Short Sales was 1210- 32.5% REO was 369-9.9% 1,908 Cash Purchases (This is down by 242 from May) 939 Conventional Financing (This is down by 1 from May) 416 FHA Financing (This is down by 21 from May) 147 VA Financing (This is up by 26 from May)

Sizzling Summerlin Master Planned Community

Summerlin is a 22,500-acre master-planned community located approximately eight miles west of downtown Las Vegas. The community is home to nine golf courses, 26 public and private schools, numerous houses of worship, 150 parks, over 150 miles of trails, business centers, shopping centers and medical facilities. Planned for 80,000+ homes and 200,000+ residents, Summerlin is currently home to 100,000 residents living in 40,000 homes, ranging from apartments to multi-million dollar custom homes. With more than 7,000 remaining saleable acres, Summerlin is projected to have a 30-year remaining build-out. Summerlin has received numerous awards throughout its two-decade history. The community consistently ranks as one of the country’s top 10 best-selling master planned communities. •Summerlin is adjacent to Red Rock Canyon National Conservation Area, the most treasured natural landmark in southern Nevada and world-renowned as a hiking and rock-climbing destination. •Summerlin is a multi-generational and fully integrated community. Since its inception in the early 1990s, Summerlin has consistently ranked in the Robert Charles Lesser annual poll of Top Ten Master Planned Communities. •Both an early prototype as well as a template for future master planned communities, Summerlin is on the western rim of the Las Vegas Valley offering the best of two worlds: suburban living with all the amenities that create a superior quality of life; and accessibility to world-class dining, shopping and dazzling entertainment on the Las Vegas Strip. Associations and Villages Summerlin North The Arbors The Canyons The Crossing The Hills The Hills South The Pueblo The Trails Sun City Summerlin Summerlin South Summerlin Centre The Gardens The Mesa Ridgebrook The Ridges The Willows Red Rock Country Club Siena Summerlin West The Paseos The Vistas Cycling Bicycle lanes are provided on most major roads in Summerlin. As the gateway into Red Rock Canyon National Conservation Area, Summerlin is frequented daily by scores of cyclists making their way to the Conservation Area and using the community’s extensive trail system. Parks Most Summerlin neighborhoods have small pocket parks that are maintained by one of the Summerlin associations which make up a system of almost 150 parks.[3] Large community parks, which are available for use to all Summerlin residents, are located throughout Summerlin. As of 2008 there are nearly two dozen community parks that feature a variety of recreational amenities.[citation needed] These include league play soccer fields, baseball and t-ball fields, football fields, basketball courts, swimming pools, playgrounds, tennis courts, community centers, sand volleyball courts, horseshoes, bocce ball and shuffleboard courts, a tricycle course, interactive water spray features, motorized toy areas and barbecue areas. The following parks are owned, maintained and operated by The Summerlin Council. Arbors Paseo Park The Arbors Sports Park', 18 acres (7.3 ha)[4] The Arbors Tennis & Play Park Cottonwood Canyon Park The Crossing Park, 12.5 acres (5.1 ha)[4] The Gardens Park and Community Center Gardens Monument The Hills Park, 6.7 acres (2.7 ha)[4] The Mesa Park North Tower Park Oxford Park The Paseos Park The Pueblo Park, 68 acres (28 ha)[4] Ridgebrook Park South Tower Park Spotted Leaf Park Summerlin Centre Community Park The Trails Linear Park The Trails Park and Community Center, 28 acres (11 ha)[4] Tree Top Park Village Green Park The Vistas Community Park The Willows Park and Community Center, 12 acres (4.9 ha)[4] Willows Paseo Park Trails The Summerlin Trail System is currently more than 150 miles and connects neighborhoods to various amenities throughout the community.[5] Upon completion, the trail system will be more than 200 miles long and will connect to more than 2,000 miles of regional trails, making it one of the most comprehensive and efficient trail systems in the southwest.[citation needed] The Summerlin Trail System includes five types of planned trails: street-side, village, bike, regional and natural.[citation needed] In 2008 the Howard Hughes Corporation received the American Trails Developer Award, given to developers in recognition of "quality, well designed multi-use trails systems that are integrated into private developments," for the Summerlin trail system.[

Tournament Hills - Upscale Golf Course Summerlin Community

Located in the residential village of The Hills, Tournament Hills is one of the many master-planned communities in Summerlin. What sets this neighborhood apart from the others, however, is the fact that it is considered by many as one of the best places for upscale real estate and luxury living. The atmosphere at Tournament Hills is just as classy, elegant, and beautiful as you would expect from a neighborhood built into a world-class golf course. Offering spectacular views of the Las Vegas Strip, the Spring Mountains, and the Tournament Players Club at Summerlin, Tournament Hills has one of the best locations in the city. Tournament Hills is built in and around the Tournament Players Club at Summerlin, which is a world-renowned golf course that plays host to the PGA Tour. In fact, it was on these greens that Tiger Woods won his first PGA Tour. While the club is membership only, Tournament Hills can have loads of amenities at their doorstep by becoming a TPC Summerlin member. Aside from TPC Summerlin, Tournament Hills also has a number of amenities within the neighborhood and in nearby communities. Some of these amenities include the Hills Center Business Parks, The Plaza at Summerlin, Summerlin Library and Performing Arts Center, The Donald W. Reynolds Cultural Center, Lit'l Scholar Academy, and The Shenker Academy. The properties at Tournament Hills range in style from classic to contemporary, but all of the homes are luxury homes. The custom homes in this guard-gated neighborhood range in size from around 4,000 square feet to well over 10,000 square feet on lots that are over one acre large. This means your home can be large enough to cover ten bedrooms and over ten car garages. Homes in this neighborhood typically start at around $1,000,000, while larger lots and larger custom homes may cost tens-of-millions of dollars.

Prestigous Red Rock Country Club*Guard Gated Community

Red Rock Country Club homesare located within the master planned neighborhood of Summerlin, situated around two premier Arnold Palmer signature golf courses. Las Vegas luxury homes in Red Rock County Club enjoy the exceptional lifestyle of a guard-gated exclusive community surrounded by the beauty of the Red Rock Federal Conservation area and the western rim of Las Vegas Valley. Red Rock Country Club homes were first developed and made available in the early 2000′s, though it was first started by Sunrise Development in the late 90′s. Since then it has been purchased by the Toll Brothers, and the community has continued to grow to be a highly acclaimed residential neighborhood. Single story Red Rock Country Club homes to high end Las Vegas luxury real estate can all be found in this unparalleled location. Membership to the private Country Club allows homeowners to attend the events of its prestigious social circle. The Country Club offers a variety of ways to relax and unwind in a secure setting, with golf courses, tennis courts, and massage suites all kept readily available for members and their guests only. The twin Arnold Palmer designed golf courses highlight the many amenities exclusive to the community. Players of all calibers can tee off in a world-class golf experience along the lush fairways, serene water features and astounding scenery.

Luxury Home Staging * Sell Your Home FASTER!

Selling a luxury home presents a host of challenges, as the sheer cost of the property means that different rules apply. The bottom line is that luxury real estate is harder to move, so it is important to pull out all the stops when it comes to selling your luxury home. A luxury residence needs specialized attention. There are creative tactics that can be implemented to realize greater market potential. This is important because your potential buyer is looking at your home to be a reflection of their new desired lifestyle. Buyers are buying a dream – they want to feel as though they are moving into their new home, not your old home and lifestyle. They need to be able to imagine them and their things in the home. If the furnishings are not relatable to your high end buyer's style and taste preference, the buyer will not identify with the home emotionally. Staging a luxury home with the wrong furnishings can actually deter a buyer. Highlight your home's strengths, downplay its weaknesses and appeal to prospective buyers with these secrets. What is Home Staging? Home staging is the act of preparing a residence for sale in the real estate marketplace. The goal of staging is to make a home appealing to the highest number of potential buyers, thereby selling a property more swiftly and for more money. Staging techniques focus on improving a property's appeal by transforming it into a welcoming, attractive product that anyone might want. (wikipedia) Does Home Staging Work? Many studies and research have shown that a staged home: Sell FASTER in any market Have a HIGHER perceived value IMPROVE Marketability Shortens 8 Low Costs and No Costs Home Staging Tips 1. Move it Simply rearranging the furniture can reenergize a room. Add and remove furniture, lamps, rugs, and accessories from other parts of the house to create a whole new look. Mirrors are particularly useful when it comes to updating a room. Try one out in different rooms to see where it fits best. Even just moving a mirror to a different wall can create a more welcoming feel 2. Plant it Houseplants are a generally undervalued design component that can add texture, warmth, and color to any room. Just drop plants in their store containers into decorative planters. Small plants can be moved easily and regrouped to change a room's look, while larger ones make a statement on their own. Group plants of differing heights, fullness, and color for the most dramatic effect. "It's important to have plants that are well maintained and in tip-top condition." 3. Paint it Paint is one of the easiest and most cost-effective ways to make a substantial change. Use dramatic colors in powder rooms and dining rooms, and more neutral colors in living spaces. When selecting colors, "be sure to ask, 'What am I trying to do? How do I want this to feel?'" "And always, always do a test before you paint the whole room." 4. Organize it "Clutter just happens," So neaten up!" A variety of organizing tools to make a space feel polished while maintaining utility. Hooks and shelves inside the door give people a place to hang coats and keys, while canvas bins or natural baskets help contain magazines and mail. "Just a row of hooks preattached on a board is so easy to install," and shelves are a great way to neatly display collectibles." 5. Hide it Have a banged-up wall? It may be easy to camouflage. Paintable wallpaper (available for as little as $16/roll from Creative Wall covering) will smooth out an uneven wall or hide minor dents and dings. Adventurous home owners can even try a simple two-step painting process for a more complex finish. Professionals suggest applying a solid base coat, then a glaze. "These days, it's pretty user-friendly," your intent should never be to mislead buyers; be sure to disclose flaws that would affect home value. 6. Replace it Cabinet handles, switch plates, and other small pieces of housing hardware can update a home for just a few dollars apiece. Professionals suggest scanning each room to see what looks worn or outdated and then replacing it. Inexpensive quick-connect faucets can make upgrading the look of your bathroom a snap. Just be sure to measure before you go to the hardware store. Some sinks are drilled for an eight-inch spread. Others require just four inches. "And don't forget the toilet seat," fresh towels and a new toilet seat go a long way toward making a bathroom feel clean and new." 7. Light it Lighting can have a major impact on a home's look and feel. Whether a room seems dark or too bright and harsh, try "layering" the lighting by adding accent pendants and lamps. Make sure they have independent controls, so that you can turn them on and off at will. "Light is such a mood setter," you can create a cozy feel just by turning down the lights." Add dimmers in the dining room, bathrooms, kitchen, and even the hallways for less than $4 each. Then adjust the lighting to create the mood you want. 8. Clean it Turn a critical eye to the flooring to make sure it's up to snuff. Scrub grout and seal natural stone. Rub out scratches and nicks on wood floors with scratch cover. "Get down on your hands and knees and detail the floors.”It takes a little elbow grease, but the results are well worth it." Vinyl flooring is a bit harder to spruce up but usually can be replaced easily and inexpensively. (credit Realtor.com for the 8 tips)

Warren Buffet and Hedge Funds are Putting Landlords out of Business

Hedge Funds are taking over the real estate investing world. They're putting little landlords and wimpy wholesalers like you out of business every day. Don't believe me? Believe the Wall Street Journal, CNN, and Warren Buffett ... "The Next Big Thing on Wall Street" "The business of buying foreclosed homes, renovating and renting them out is morphing from a largely mom-and-pop business into the next big thing on Wall Street. Blackstone Group LP has become the biggest U.S. investor in single-family rental homes by spending more than $1 billion since the start of 2012 to acquire more than 6,500 foreclosed homes ... fresh evidence that the purchase of foreclosed homes, which began as a mom-and-pop pursuit, is gaining legitimacy among the biggest private-equity firms." "A Land Grab Unlike Anything We’ve Ever Seen" "The Blackstone shopping spree, and those of half a dozen other big investment firms and hedge funds, could radically change the local home landscape, as big-money brokers compete with first-time buyers and mom-and-pop landlords over homes in tight supply. 'It's a land grab unlike anything we've ever seen," said Peter Murphy, CEO of Home Encounter, the largest manager of rental homes in Tampa Bay. "You're going to drive through parts of town and all of it is going to be institutionally owned.'" "Wall Street’s Hottest Investment Idea: Single Family Homes" "Large real estate investment trusts and private equity funds have generally focused on commercial real estate. That appears to be changing, and fast. Wall Street's hottest investment idea is now single family homes." "Faster Than Anyone Imagined" "Legendary investor Warren Buffett seemed to fire a starter pistol last February when he said he would buy 'a couple hundred thousand' homes nationwide. It's hard now to find a private equity firm on the planet that doesn't have a strategy in this space. The market is growing faster than anyone imagined." "Investors Raise $8 Billion for Acquisitions" "Larger Wall Street investors rushing into the market have raised between $6 billion and $8 billion, with the intent to acquire between 40,000 and 80,000 foreclosed homes in the months ahead." If You Can't Beat 'Em, Join 'Em This is not the end of the world; it’s the beginning of a new one. And the sooner you make the mental "switch" to this new reality, the better. Silver Bay Realty Trust, a public Minnesota trust, has spent $40 million buying 400 homes [the past few months] … American Homes 4 Rent, a Malibu firm led by the billionaire founder of Public Storage and backed by hundreds of millions of Alaskan oil dollars, has spent $80 million on 500 homes and counting … Fundamental REO, a New York fund led by former Goldman Sachs executive and subprime-mortgage mastermind Donald Mullen has dropped $10 million on 90 single family homes to date … American Home Real Estate Investment Trust in Atlanta, led by a CEO who began buying foreclosures from his living room, has paid $8 million for more than 100 homes and they're just getting started … Invitation Homes is spending an average of more than $800,000 A DAY on single family homes in west Florida. The shopping spree is part of its "bet on America" initiative, a $100-million-a-week gorge that has made the firm the "largest owner of individual houses" in the country This information is from CNN Money and the Wall Street Journal please verify for accuracy

A Self-Directed Individual Retirement Account Investing in Real Estate Enjoys the Following Advantages:

The Self-Directed [SD] Individual Retirement Account [IRA] An individual retirement account [IRA] helps you to earn and earmark funds for retirement savings, as well as to shelter those savings from certain taxes and lawsuits. Self-directed [SD] gives you the power to directly choose the investments of the IRA. A Self-Directed Individual Retirement Account Investing in Real Estate Enjoys the Following Advantages: SD IRA affords investing in the stability of real esate in relation to stocks SD IRA can purchase real estate using all cash, leveraging, or partnering with another investor, trust, or partnership SD IRA loans protect your personal assets in the event of default or foreclosure An SD IRA enjoys faster growth via the combination of real estate appreciation and cash flow The Process of Real Estate Purchase with a Self-Directed IRA Here is a general overview of the process of purchasing property with SD IRA Funds. Transfer funds to an SD IRA custodian Find a property with a professional REALTOR Your REALTOR will create the purchase agreement which is the offer on the property in the name of the SD IRA and send that offer to your custodian With your permission, your custodian will release funds for purchase – the purchase agreement does not constitute authority Your SD IRA custodian will sign at closing – you will own the deed Your SD IRA custodian will distribute the funds appropriately You will make management decisions The rental income and expenses will be handled within the SD IRA Regulations of Real Estate Purchase with a SD IRA You can purchase real estate from anyone except the persons listed below. You can lease to anyone except the persons listed below. Your spouse Your lineal descendants and spouses of descendants (children, sons-and daughters-in-law, grandchildren, etc.) Your parents, grandparents, great-grandparents, etc. Anyone providing services to the IRA and their families Any company, trust, or partnership in which a disqualified person holds 50% or more interest and or voting power Any fiduciary of the IRA Siblings are not considered disqualified persons. Your custodian will be able to guide you if you have questions. Please consult with your financial advisor for a professional consultation

**Custom Homes in the Sky** Luxury Las Vegas Living

You've never seen anywhere quite like One Queensridge Place Located just 10 miles west of the Las Vegas Strip in an exclusive residential neighborhood. One Queensridge Place is the perfect choice for discerning home buyers seeking carefree living in a unique and vibrant community. Two 18-story residential towers feature 219 "custom homes in the sky." And that's just the beginning. Within the world of One Queensridge Place is a lifestyle that is beyond imagination. At One Queensridge Place, home buyers enjoy a range of luxury health amenities that rival those at the world's premier fitness centers and spas. • Outdoor swimming pool with spa • 25-meter indoor lap pool • Men's & women's Roman Spas with lockers • Treatment rooms including a Vichy massage • Dry saunas • Steam rooms • Fully equipped fitness center WINE CELLAR Each residence receives a private locker in the climate-controlled, one-of-a-kind wine cellar with a tasting area, intimate lounge, and an outdoor terrace overlooking the Badlands Golf Course. Residents can enjoy the private dining area that comes complete with a catering kitchen for events. One Queensridge Place offers more space to live the way you want to live, including a Great Room with billiards, a bar and lounge; Barista Cafe, retreat room and conference room. It's easy to come and go at One Queensridge Place, where our staff works everyday to accommodate the needs of our busy, active residents. • 24-hour guard gated, security patrol & video surveillance • Attentive concierge service • Valet parking & doorman • Express elevator access • Private, enclosed garages within the parking levels Check Out Available Custom Homes in the Sky -

More and More Million-Dollar Homes Being Snapped Up in Las Vegas

Las Vegas resident Eric Petersen sold this home on Tomiyasu Lane to Treasure Island owner Phil Ruffin for $15 million. The estate boasts more than 71,000 square feet in building space with 18 bedrooms, nine bathrooms, an 11-car garage and 10-stable horse stall. After some chilly years, Las Vegas’ luxury housing market is heating up. There were 85 sales of million-dollar homes in the three months ending March 31, up from 39 deals in the same period last year, according to a report this week from Redfin, a real estate listing service. The homes sold for at least $1 million each. If sales continue at this pace, 2013 will be the best year by volume for Southern Nevada’s high-end housing market since the economy bottomed out. There were 194 sales of million-dollar homes last year, compared to 188 in 2011, 252 in 2010, 219 in 2009 and 352 in 2008, Redfin reported. Nationally, there were about 8,300 sales of million-dollar homes last quarter, up from 6,100 a year earlier. Despite the uptick in volume, many luxury homes in Las Vegas are selling for far less than what the previous owners paid. Treasure Island owner Phil Ruffin, for instance, sold his 9,158-square-foot Summerlin mansion in January for $2.8 million. It was listed for $3.6 million and before that for $4 million. Property records indicate the casino mogul bought the home in October 2007 for $5.7 million. Article Courtesy of: http://www.vegasinc.com/news/2013/may/15/more-and-more-million-dollar-homes-being-snapped-l/