UNLV report says economy will remain strong

Campus Beauty shotsFebruary 2, 2017(Josh Hawkins/UNLV Creative Services)

Dr. Stephen Miller, director of the Center for Business and Economic Research at UNLV released his economic forecast report on Nov. 29 at Park MGM during a breakfast hosted in conjunction with the Las Vegas Global Economic Alliance.  This event was attended by more than 400 business and community leaders

According to Dr. Miller’s report the Las Vegas economy will remain strong over the next two years with business optimism high, however the “softness in tourism” will continue when it comes to visitors and hotel occupancy. He was more subdued and concerned when speaking about in tourism.

“Based on our assessment of national and Nevada trends in 2017 and 2018, we believe that the Southern Nevada economy will continue to see improvement in 2019 and 2020,” Miller said. “The data are telling us a very positive story about the Southern Nevada economy. It’s on an upward trend, and the economy is on solid ground.”

CBER (The Center for Business and Economic Research) projects the economic growth in the Southern Nevada economy will generally outperform the national economy, since it started the recovery later and from a much deeper hole than faced at the national level, Miller said.

Miller went onto say that the economy has been bolstered by an increase in construction and will be aided in part by population growth, which will increase just above 2 percent in 2019 and 2020. Job growth will remain strong through 2020.

Dr. Miller also stated “On the negative side, the level of uncertainty as expressed in the gyrations of the stock market and the potential for policy errors by the Fed in responding to the expansion in economic activity promulgated in large measure by the corporate and personal tax cuts.  The Fed’s concern about an overheating economy could lead to pushing interest rates too high, too quickly and plunging the national economy into recession. The risk that this occurs seems small at the moment, but it is a risk all the same.”

Are you ready to buy or sell a home? Do you have a need for commercial / industrial / retail space? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day….Jeff

2019 – The Year of the Pig – Parade in Downtown Summerlin

Celebrate Lunar New Year and the Year of the Pig at Downtown Summerlin on Tuesday, February 5 at 6 p.m.  You can enjoy watching the festive Dragon and Lion Dance with a percussion ensemble playing music.  There will also be traditional fan dancers, stilt walkers and of course lucky red envelopes filled with gift cards, while the supply lasts.

The parade route runs down Park Centre Drive in the middle of Downtown Summerlin as long as it is not raining or snowing (ha).  Bring the whole family as I am sure your kiddos will love it.  Make a night of it and go to one of the myriad of restaurants that offer all types of food in every price range.

The Pig is the twelfth of the Chinese Zodiac animals. There is a myth that the Jade Emperor said the order would be decided by the order in which they arrived to his party. Pig was late because he overslept. Another story says that a wolf destroyed Pig’s house and he had to rebuild his home before he could set off. When he arrived, he was the last one and could only take twelfth place.

The Pig is also associated with the Earthly Branch (地支—dì zhī) hài (亥), and the hours 9–11 in the night. In terms of yin and yang (阴阳—yīn yáng), the Pig is yin. In Chinese culture, pigs are the symbol of wealth.

Their chubby faces and big ears are signs of fortune as well. Pigs have a beautiful personality and are blessed with good fortune in life.  In Chinese culture it is good to be a Pig.

Maybe I’ll see you at the parade!

Are you ready to buy or sell a home? Do you have a need for commercial / industrial / retail space? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day….Jeff

 

Can’t miss local theater – “Never Too Late”

For those who love Super Summer Theatre (and who doesn’t) and can’t wait to go up to the outdoor theatre at Spring Mountain Ranch, I have some great news.  The Super Summer Theatre Studios (their indoor theater near the Palms hotel) at 4340 S. Valley View Blvd #204 has a few shows coming up before the outdoor season starts.

Starting February 14 and running through February 24 the comedy play Never Too Late will be performed.  This comedy is the inspiration for the TV series All in the Family.

About the show- Fifty-something Edith Lambert is thrilled to find out that she’s going to have a baby. Her husband Harry, however, is less enthusiastic. Middle-aged Harry lives comfortably with his wife Edith and his daughter and her husband. Though rather sour and a bit mean, he is in fact content. So when Edith finds she is pregnant again he is anything but overjoyed. Apart from the changes it will mean, he is now seen as some sort of older superman in town. Meanwhile his daughter (also pregnant)  sees child bearing as a way out of the extra housework she is having to do, the achievement of which starts to put pressure on her increasingly tired husband.

The play is quite funny and a good family activity.  If you go to the box office in advance, tickets are $15 cash and $17.50 if you are using a credit card.  You can also buy tickets on line for $17.50.  If you pay at the door (seating is limited) the price in cash is $25 or by credit card $27.50.

For more information or to buy tickets go to https://supersummertheatre.org/off-season-shows/ 

Are you ready to buy or sell a home? Do you have a need for commercial / industrial / retail space? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day….Jeff

Downtown Summerlin still evolving

Downtown Summerlin has been a success from the day it opened and over the last few years has gotten more diverse in its offerings to all Las Vegans.

There are restaurants of every possible kind of foods – from fast food all the way to elegant dining establishments.  Also an incredible amount of varied retail shops from department stores to any type of boutique store to find that special something you might be looking for. Over the course of a year over 18 million visitations have been recorded for Downtown Summerlin.

Now Downtown Summerlin has become a sports center with the Golden Knights practice facility named City National Arena and the soon to be completed Las Vegas Ballpark for the Las Vegas Aviators triple-A baseball team (formerly the 51’s and the Stars before that).

There are two Class-A office buildings with the completion of Two Summerlin that spans 150,000 square feet.  Many firms have moved to Downtown Summerlin for a variety of reasons.  One reason is the location – the 215 Beltway makes for an easy commute from almost anywhere in the Las Vegas Valley.

The second luxury apartment complex is under construction that will include 267 residents with completion scheduled for early 2019.

I’m sure we will hear about more additions to Downtown Summerlin throughout the year. (Do you remember driving by the site for all those years when a steel skeleton just rusted?)

Are you ready to buy or sell a home? Do you have a need for commercial / industrial / retail space? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day….Jeff

Happy New Year – 2019 should see more growth from the housing market

 

Here we are in the first week of the year 2019 in the Las Vegas Valley and indications for the housing market look good for this year.  Reports from Real Estate Analysis companies show that Las Vegas is still one of the strongest markets and will continue through the year.

People from all over the country are moving to Las Vegas for many different reasons – the Southern Nevada area is still very affordable so you can a bigger bang for your buck.  Retirees like that as well as people that no longer can take the cold weather in many parts of the country.

With the Raiders moving here, many employees, not just the team, are moving here since their headquarters will be located in Henderson.  Other companies like Google are bringing non-gaming businesses jobs to the Valley.

New home builders are still actively developing new neighborhoods in all areas of the valley with Summerlin offering not just single-family homes, now including new attached townhomes and condos in both low-rise and high rise buildings.  In 2018 we saw Las Vegas have a 15 percent appreciation and it predicted that 2019 will be half at seven percent. The appreciation level continuing to rise, even at a slower pace, is a positive sign (the national average is three to four percent).

If you are thinking about buying an investment property, now is the time to act.

Are you ready to buy or sell a home? Do you have a need for commercial / industrial / retail space? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day….Jeff

 

UNLV and other organizations team up for free Christmas tree recycling

UNLV and community organizations will team up this holiday season to help turn Christmas trees into mulch. This free recycling service will be available at more than 30 locations around the valley beginning Dec. 26 and run through Jan. 15.

The recycled trees are chipped into mulch and used in public gardens and parks across the community, according to a service spokesperson. The trees will help conserve soil moisture, dust control and keep plants healthy.

UNLV recycling manager Tara Pike-Nordstrom stated “Recycling trees is a great way to give back to the community as they stay local and beautify our parks.” More than 15,000 trees were recycled last year into 136 tons of nutrient-rich mulch. Local landfill volume was spared the equivalent of ten school buses.

This community based program was started in 2001 and since then over 227,000 trees have been recycled. The organizers of this event suggest removing all non-organic materials such as lights, wire, tinsel, ornaments, nails, tree stands and any other items that are not part of the tree before recycling it.  Also, flocked trees cannot be recycled, and trees more than 5 feet tall should be cut in half.

Las Vegas Cub Scout Pack 219 and Boy Scout Troop 96 will be collecting trees to recycle for residents who want to recycle but are unable to drop off their trees. The scouts earn a conservation badge and raise funds for their organizations.

The Southern Nevada Christmas Tree Recycling Committee is a partnership of local businesses and community agencies, including UNLV’s Rebel Recycling program and the Springs Preserve.

Check here for the closest available locations.

Also, mulch from the trees will be available for free to community members at several valley locations from Dec. 28 to Jan. 14. These spots include Pecos Legacy Park, Acacia Park, University of Nevada Cooperative Extension, North Las Vegas Research Center, Demonstration Orchard and its Lifelong Learning Center in Las Vegas.

Pickup times vary, and residents are encouraged to call UNCE’s Clark County office at 702-222-3130.

Are you ready to buy or sell a home? Do you have a need for commercial / industrial / retail space? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day….Jeff

Why are you still having packages delivered to your front door?

Do you also still leave your house and car unlocked? Do you leave your purse or wallet on the front porch too? Come on people! There are pirates out there (and I’m not talking the Pirates of Penzance or the Pirates of the Caribbean) Being a porch pirate has become as trendy and cool as the Keto diet and many of you are still hoping you won’t be next, instead of doing something intelligent about it. I regularly see posts on Nextdoor and Facebook about packages being stolen… with a video of the thief! For Pete’s sake, people, stop being a victim!

When it comes to having packages delivered, here are some DO’s and DON’Ts;

DO mail it to a neighbor/friend who is home during the day (make sure you check with them first)

DO use an Amazon Locker [use this link for the words Amazon Locker https://www.amazon.com/primeinsider/tips/amazon-locker-qa.html%5D

DO mail it to your job (make sure you ask permission first – this will not work for every employer – I’m sure the casinos, for example, do not have the resources to allow for this – but smaller business might).

DO get a mailing address at a local UPS Store or Postnet (you can also get a PO Box, but understand that only the US Postal service can deliver there, so that will eliminate deliveries from FedEx, UPS, DHL, etc.)

DO look for other options – I assure you they exist! I can’t remember where I was recently (I think in a grocery store) – they had an advertisement “Have your packages delivered here… safely” and the reason I don’t remember where I was is because when I read the sign I thought to myself, “I already get my mail at a UPS store, so that is not important for me to remember”

DON’T think your video camera will thwart the attempts – it’s such a low impact crime, the police don’t really have the resources to chase after them and (based on what I see on social media) it’s not slowing anyone down… probably because they know the police do not have the resources. Plus, let’s be honest, if you would just choose a different way to get your packages, the police would have more time to devote to other, less-preventable crimes.

DON’T just build a fence and put a lock on the gate… I have seen many videos of fence-jumping-porch-pirates.

If you feel you MUST have a package delivered to your house when you are not going to be there, at least create some kind of visual barrier for the delivery person to hide the package behind or in… this will at least ensure that the package is not super visible from the street like a neon sign that says “I got this for YOU”. It’s not a great solution, but it will improve your chances, at least slightly. Have you ever heard the saying “locks keep honest people honest”? Do you know what that means? It means, that even a weak lock will protect your items from people who are opportunists, but not career thieves. When the package is visible on your porch, like it or not, you are actually tempting people who might otherwise be reasonably respectable to grab an easy opportunity.

DON’T whine about your missing packages… seriously… if you are not willing to take steps to prevent porch piracy in 2018, then,  you’re basically asking for it (I know I’m gonna catch heat for saying that, but),  you wouldn’t leave your wallet on the front porch would you? And if you did, you really couldn’t be surprised that someone took it.

One last DON’T… DON’T booby-trap your packages… as much as I completely feel that the porch pirates (and all thieves) should feel consequences, in this country, you can be held civilly & criminally liable for hurting these people… that means they could sue you (and win) and you could end up with jail time. It’s just not worth it!

AND… if you want me to, I will accept your packages safely at my office near Summerlin… just call me in advance so I know to expect them and I can call or email you when they arrive!

Are you ready to buy or sell a home? Do you have a need for commercial / industrial / retail space? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day….Jeff