Wednesday, September 30, 2009

Some Simple Tips to Help Build Your Confidence


1. Stop worrying and take action on the things you have control over and the confidence will come.

2. Find a mentor who is already a confident person and model them.

3. Act “as if” you already were confident and before long it will become a habit.

4. To get want you want, many times you have to ask for it. So believe in yourself and that people truly do want to help you with your goals and your confidence will grow.

5. When doing something for the first time, just imagine that you have already done it by thinking it, feeling it and seeing it happen in your mind’s eye. Your confidence will increase.

6. Get rid of that negative internal voice of fear with help through meditation. Tell yourself to allow only positive thoughts to enter and form a positive internal voice. Your confidence level will soar.

Friday, September 25, 2009

Las Vegas Economy: When Will It Bounce Back?


Las Vegas Economy: When Will It Bounce Back? This is the big question that everyone who lives, works, does business or invests in Las Vegas wants a difinitive answer to. Many different experts have many different opinions as to the future of Las Vegas. We have to look for the good in every situation. So, I tend to lean on the more positive side and agree with the expert in this article, that we will see it bounce back sooner rather than later.

LAS VEGAS, NV -- The recent spike in homeowners foreclosing on their properties, businesses closing their doors, and people losing their jobs has us all wondering when things will turn around. One expert thinks it will be sooner rather than later.
Don Burnham flies around the country buying up bargain properties. He lives in Florida and has his sights set on Las Vegas. He says our market has reached bottom and believes it will bounce up by the beginning of next year. When Burnham looks at Las Vegas, he sees a sure bet.
"When do you want to get involved, you want to get involved when it hits the bottom and comes up," Burnham said. He says there is no question Las Vegas housing and the economy has hit the bottom. In fact, he feels so strongly that he says if you buy real estate in Las Vegas right now, you cannot lose.

The demand for homes is a big reason why he says home values will shoot up at the beginning of next year. He also feels the Las Vegas economy will surge too. "Remember you had a pent up demand, there were a ton of people in Vegas who rented because they could not afford it during the boom. Now they can afford it," Burnham.

Applied Analysis Principal Jeremy Aguero looks at the local economy for the Las Vegas Convention and Visitor's Authority. He's a little more cautious. "We cannot turn a blind eye to the fact that we have a 13% unemployment rate. How many people are near foreclosure in this valley? We estimate that at about 100,000 people," Aguero said. Aguero admits some positive financial signs are starting to show like the number of home sales increasing each of the last three months. "Right now what is encouraging is that we have two offsetting factors, where six months ago we had one factor, down," Aguero added. Aguero says in the second half of 2010 we will start to see increases in home values as well as the economy. Both Aguero and Burnham agree it will happen; it's a matter of when.

So, the real estate investor says home prices and our economy will significantly increase in the beginning of next year. The analyst says the end of next year. In this case the million dollar question is -- who do you believe?

Tuesday, September 22, 2009

All Homes Aren't Created Equal - What's Your Architectural Style?

There are many different kinds of architectural home styles. Like people, architectural styles have a personality all their own. So if possible and depending the stage of life and affordability we are in, we are more likely to pick a style home that either compliments or is much like our personality style. There are so many styles of homes to suit the needs and wants of everyone in every country. For example: Some architectural style homes are more popular then others and some styles are only found in one country or a specific part or region of a country. Certain architectural style homes require more maintenance then others, while other styles are more suited for children and families. Some styles are flat, plain or curved and some have ornate designs. Although I have lived in several different architectural style homes, the style that most compliments my personality is more Victorian, French Provincial or Neo-Classical. Here are just a few of the more common architectural home styles. Which one do you think is most suited to your personality?

Colonial (1700-1850) This period style features a rectangular, symmetrical design and a simple formality.
Contemporary (1965-present) "Contemporary architecture" refers to today's diverse building types.
Cape Cod (1600's - 1930-1950) Early American settlers developed this northeastern U.S. style, which is known for its gabled roof and plain front.
Victorian (1840-1910) "Victorian" refers to several ornate architectural styles that developed during the Victorian era.
Art Deco (1925-1940) A mix of smooth swirls, curves and high-gloss finishes, Art Deco style evokes 1930s movie-star glamour.
Spanish Colonial (1890-1930) This style shows strong Latin influences and fosters a connection to nature.
Modern (1905-1965) The broad term "modern" includes several mid-20th-century architectural styles.
Neo-Classical (1885-1925) Recalling the architecture of ancient Greece and Rome, Neoclassical homes are formal and timeless.
Tudor Revival (1890-1950) Half-timbered exteriors, steep roofs and gables mark the Tudor Revival style.
Ranch (1930-1980) Single-story, open ranch homes are modeled after the casual style of true Western homes.

Picture above is from www.frontdoor.com and is Thomas Jefferson's Monticello in Virginia, the most famous neo-classical architectural style home. You can find more information on the different architectual style homes on www.frontdoor.com

Friday, September 11, 2009

The Future is Looking Grand in the Desert


The City Center project, specifically Aria Resort & Casino is due to be revealed in December 2009. In the midst of all the negative publicity, this is very positive news for the future of Las Vegas as it brings revenue, jobs and investors. So, I thought that it was necessary to share the following more positive Las Vegas article:


Gambling casino’s are loosing money from Atlantic City to Vegas and every where in between. Gaming Centers Nationwide are tightening up on their budgets to get through the next year or so of tough economic times. It’s no surprise with the economy in the state that it is in; budget tightening is hurting not only the gambling industry but also in the towns where they are located.


Leave it up to MGM to bring not only revenue to Vegas but also jobs. MGM is spending around $9.1 billion for the massive City Center project which is due to go live by the end of 2009. This city within a city has anything and everything do whether it is shopping, gambling, lodging, golf, sports, dining, you name it, and the City Center has it, a city with in a city that sustains itself with no help from the outside.


Analysts are predicting that the economical recession will more than likely subside in 2010 and right in that time frame city center will have brought at least 12,000 new jobs into Las Vegas, bringing the city back on track and enjoying the economic booms that it had before the recession happened.


Some say that, believe it or not, this is the time to be investing into Las Vegas. Las Vegas homes are very cheap at this time and realtors can’t even give the houses away. The new project will more than likely bring more upscale gamblers and visitors back into Las Vegas. The future is looking just grand in the desert.


Source - EarlyVegas.com/citycenter

Tuesday, September 1, 2009

Buyers Rush to Beat the Tax Credit Deadline


Update on the federal goverment's $8,000 tax credit as the deadline approaches:

Buyers Rush to Beat Tax Credit Deadline

Real estate professionals report that first-time home buyers are flooding the sale market, pressed to finalize a deal before the federal government's $8,000 tax credit offer expires on Nov. 30. Because mortgage approvals, residential inspections, and other steps in the buying process typically take about two months, buyers hoping to take advantage of the incentive will need to have a contract by the end of September. The new flurry of activity now as house-hunters try to meet the deadline is triggering bidding wars and energizing the property market, which historically is slow at the end of summer. As a result, more homes are getting their full asking price.

Source: Chicago Tribune, Kathleen Lynn (08/14/09)