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Old 09-04-2019, 03:56 PM
 
Location: Las Vegas
2,229 posts, read 1,629,505 times
Reputation: 1748

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Quote:
Originally Posted by 08grad View Post
That already happened. You missed out on the speculative growth.

Placing this bet right now is the sports betting equivalent of betting Patriots -7.5 when the line opened at -4.
That speculative growth was primarily on commercial.
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Old 09-04-2019, 05:28 PM
 
686 posts, read 482,194 times
Reputation: 916
Quote:
Originally Posted by OmegaSupreme View Post
That speculative growth was primarily on commercial.
Any data to back up this statement?
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Old 09-05-2019, 03:56 AM
 
Location: Las Vegas
2,229 posts, read 1,629,505 times
Reputation: 1748
Quote:
Originally Posted by 08grad View Post
Any data to back up this statement?
Yes, everything I read in the review journal. It's a journal so you know it's a first hand account, eg:

https://www.reviewjournal.com/busine...boost-1642144/
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Old 09-05-2019, 10:35 AM
Status: "Goodbye Portland, Hello Las Vegas!" (set 19 days ago)
 
Location: Henderson, NV
5,917 posts, read 6,110,534 times
Reputation: 6884
While your idea of $150-200K OP is ridiculous and hilarious, you are spot on about saving the budget money to outfit a place. I think a lot of people, at all budget levels from low to high, forget how expensive it is to outfit a house besides just the purchase price. I'll be over $200,000 by the time I'm finished upgrading my house, almost half of which is the backyard and landscaping, but solar panels are a huge chunk, blinds, furniture, water softening system, smart home devices, painting, flooring improvements, electrical / lighting upgrades, etc. Even if you're not doing TOO much, you're still going to need some basic furnishings, some form of drapes or blinds, and generally any house has work that needs to be done including new houses (because they don't come with washer / dryers, water softeners, etc.).
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Old 09-05-2019, 10:55 AM
 
2,594 posts, read 2,510,672 times
Reputation: 1620
There are ~20 single family residential homes at 150k and under in the valley and ~180 houses between 150-200k.

Most of those properties are on the east side of town. About 1/4 are by MLK Blvd and Carey Ave. None are west of Rainbow Blvd. ~12 in Henderson. Most properties are built before 2000, and a fair amount before 1978(the year lead paint was banned).

Hope that helps.
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Old 09-05-2019, 11:52 AM
 
Location: Lone Mountain Las Vegas NV
13,350 posts, read 5,106,731 times
Reputation: 5930
Quote:
Originally Posted by ddrhazy View Post
There are ~20 single family residential homes at 150k and under in the valley and ~180 houses between 150-200k.

Most of those properties are on the east side of town. About 1/4 are by MLK Blvd and Carey Ave. None are west of Rainbow Blvd. ~12 in Henderson. Most properties are built before 2000, and a fair amount before 1978(the year lead paint was banned).

Hope that helps.
I did a quick run on less than $200,000 west of Decatur. 1 SFR. 10 townhouses. 289 condos. So on the west side below $200K SFRs do not exist.

Find a few still on the east side and there are some livable neighborhoods. Just showed a couple of spreads on Mojave at one million. Neat places.
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Old 09-05-2019, 01:05 PM
 
686 posts, read 482,194 times
Reputation: 916
Quote:
Originally Posted by OmegaSupreme View Post
Yes, everything I read in the review journal. It's a journal so you know it's a first hand account, eg:

https://www.reviewjournal.com/busine...boost-1642144/
Not denying that there was growth in the commercial sector, but this doesn't prove the statement made earlier that growth was primarily or exclusive to commercial.
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Old 09-06-2019, 12:16 AM
 
Location: Las Vegas
2,229 posts, read 1,629,505 times
Reputation: 1748
Quote:
Originally Posted by 08grad View Post
Not denying that there was growth in the commercial sector, but this doesn't prove the statement made earlier that growth was primarily or exclusive to commercial.
You're a grad right? I would think research would be one of your strengths.
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Old 09-06-2019, 12:57 AM
 
686 posts, read 482,194 times
Reputation: 916
Quote:
Originally Posted by OmegaSupreme View Post
You're a grad right? I would think research would be one of your strengths.
So you don't have data to back up your statement.
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Old 09-06-2019, 01:49 AM
Status: "My status is taking a vacation." (set 2 days ago)
 
Location: Somewhere.
10,031 posts, read 22,320,302 times
Reputation: 7686
To the OP: Rent before you buy. You will thank me later. The reason is that what if you buy and get stuck in a really crappy neighborhood? There are so many nice apts all over the valley. Some apts have really great layouts and are spacious. Rent in an area near where you will be working or close enough to where you will be working and drive a little further from a better area. In your spare time, scout out other area's, then buy a home in a neighborhood that you love.
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