TITLE

Financially stressed transactions drive vacant-land prices downward

AUTHOR(S)
Smith, Hubble
PUB. DATE
December 2009
SOURCE
Las Vegas Business Press (10712186);12/14/2009, Vol. 26 Issue 50, pP12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the lowering of vacant-land prices within the Las Vegas Valley in Nevada caused by financially stressed transactions by lenders. According to Las Vegas-based firm Applied Analysis, average market price went down to 225,999 U.S. dollars from 255,309 U.S. dollars based from the previous quarter. The overall average market price decreased 50.8% compared to the same period of 2008.
ACCESSION #
47335698

 

Related Articles

  • Valley land values slide downward in second quarter. ILLIA, TONY // Las Vegas Business Press (10712186);8/9/2010, Vol. 27 Issue 32, pP10 

    The article reports that land values in Nevada continue to fall in the second quarter of 2010 due to bank foreclosures and mediocre sales. According to Las Vegas, Nevada-based business advisory firm Applied Analysis, Southern Nevada land values had an average of 154,664 U.S. dollars per acre by...

  • Gaming stocks get January jolt. Stutz, Howard // Las Vegas Business Press (10712186);2/13/2012, Vol. 29 Issue 7, pP12 

    The article reports on the improved performance of U.S. gaming sectors in January 2012 including the 10 publicly-traded casino operators and slot machine manufacturers charted by Las Vegas, Nevada-based financial adviser Applied Analysis, pushing the company's Gaming Index up by almost 12 points.

  • Nevada shoppers projected to increase spending during holiday season. Carroll, Laura // Las Vegas Business Press (10712186);11/21/2011, Vol. 28 Issue 47, pP14 

    The article reports on the projection by consulting firm Applied Analysis that holiday spending in Nevada for 2011 will increase 6.4% in which growth is said to be a reflection of the rise in retail-specific sales in the first eight months of the year.

  • LAS VEGAS LAND PRICES SLIP FURTHER, FIRM REPORTS. Smith, Hubble // Las Vegas Business Press (10712186);8/16/2010, Vol. 27 Issue 33, pP12 

    The article reports on a continued downward trend for land prices in Las Vegas, Nevada in 2010, according to Applied Analysis.

  • The Agrarian Problem.  // New Republic;10/17/23, Vol. 36 Issue 463, p194 

    Focuses on the condition of wheat farmers in the U.S. Discussion of the plight of wheat farmers; Diversification of production with an eye on the U.S. market; Price of wheat below the cost of production; Comparison of average income of farmers with that of industrial workers; Discussion of...

  • 'Sellers set to swamp market ahead of hips'. Shaw, Sam // Money Marketing;11/24/2005, p7 

    The article focuses on the predictions made by the British Council of Mortgage Lenders (CML) concerning the money market in Great Britain. It is expected that in June 2007, property sellers will swamp the money market. The council says that in 2006, homeowners will sell earlier to avoid having...

  • Stalled time share project sees signs of life. ILLIA, TONY // Las Vegas Business Press (10712186);4/6/2009, Vol. 26 Issue 14, pP13 

    The article reports on the possible resumption of the construction on the stalled Wyndham Desert Blue time share tower at West Twain Avenue at Dean Martin Drive in Las Vegas, Nevada. It states that the tower was half completed when work stopped. According to Brian Gordon, principal of Applied...

  • Valley apartment occupancy hits record low. ILLIA, TONY // Las Vegas Business Press (10712186);8/3/2009, Vol. 26 Issue 31, pP10 

    The article reports on the performance of the apartment market in Southern Nevada during the second quarter of 2009. Due to rising unemployment and diminished demand, occupancy rates in the area were pushed a 90.5% low, according to Applied Analysis, an advisory firm in Las Vegas, Nevada. The...

  • LEGAL SUPPORT SERVICES.  // Las Vegas Business Press (10712186);1/23/2012, Vol. 29 Issue 4, p26 

    A list of legal support services providers in Las Vegas, Nevada ranked by number of local employees is presented which includes Retrievex, Applied Analysis, and Nevada Investigative Group LLC.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics