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Old 05-17-2008, 10:39 PM
 
97 posts, read 269,018 times
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What is everyone's opinion of the Centennial Hills?
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Old 05-18-2008, 01:07 AM
 
Location: central, between Pepe's Tacos and Roberto's
2,086 posts, read 6,097,275 times
Reputation: 952
I love it. It's far enough away from the center of town to give it a nice suburb feel and to get away from the hustle and bustle so to speak. It still is a short commute to anywhere in the valley that you may need to go, relatively speaking. If you have childre, the schools out here are very good. It's still a pretty new area, so there is still infrastructure and whatnot going in. I feel that the future looks good out this way as well, considering some of the development that is coming online as well as some of the projects that have been recently completed.
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Old 05-18-2008, 08:12 AM
 
Location: NW Las Vegas - Lone Mountain
15,756 posts, read 32,484,948 times
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Nicer higher density suburban. Great for first time or even first move up. Good schools. Getting close to built out. (That is Centennial Hills...between 95 and 215 - Centennial Town north of 95 has lots of growth to go.)

Good services pretty much in. Be a little careful of buying in the less expensive tracts if you plan to owner occupy. Some are very heavily investor owned. That will lead to some problems with high renter populations.
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Old 05-19-2008, 10:03 AM
 
97 posts, read 269,018 times
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what type of problems olecapt with high renters?
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Old 05-19-2008, 11:49 AM
 
Location: NW Las Vegas - Lone Mountain
15,756 posts, read 32,484,948 times
Reputation: 2661
Quote:
Originally Posted by yasudab View Post
what type of problems olecapt with high renters?
The population of irresponsible folk, particularly young and irresponsible is significantly higher among renters than among home owners. Time sorts the renter population. Those who do reasonably well tend to move on and buy homes. Even those who, for one reason or another, choose to remain rentersthough they don't need to, will migrate to neighborhoods with low renters. Those less responsible tend to have problems financially and never get around to buying a home. The result is you get a higher percentage of flakes among renters in high rental areas.

With a small percentage of renters the probability of running into an irresponsible one is small. If you get to a higher concentration the probability gets bigger. And if the neighborhood starts to show the signs of heavily irresponsiblity you attract more...or rather cause the responsible renter or owner to look elsewhere. After a while the neighborhood becomes a self-perpetuating problem.

I call it the pickup truck test. Stand in front of the house and rotate 360. How many pickups in sight? More than 6 worry. More than 12 go somewhere else.
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