Mayor Michael Montandon

Joe Heck is such a formidable candidate on paper that Senate Majority Leader Harry Reid’s organization — aka the Democratic Party — set out to erase him in 2008. Mission accomplished. But with the deposed GOP state senator’s announcement, which will be made officially Monday, that he is running for governor despite the presence of a Republican in the office, the 2010 dynamic once again has been reshuffled, putting another Reid potentially at risk. Heck’s presence in a race that already has another announced Republican candidate — North Las Vegas Mayor Mike Montandon — underscores just how weak Jim Gibbons, aka The Man Formerly ... Read Full Story

Las Vegas was probably the epicenter of recent years’ speculative residential building and investing. Not surprisingly, lots of newer houses (5 years old or younger) are on the REO lists now. This 2-bedroom Spanish Colonial Revival (yes, calling it that is a bit of a stretch, but it does have two stories and has a stucco exterior so it kind of fits the bill) in a 2004 development is now listed for $99,900; that’s less than half of its previous selling price of $225,000 (10/11/2005). Zillow.com estimates this house to be worth $185,500. This house, like those in so many of the recently developed ... Read Full Story

We have seen the Las Vegas, NV high rise real estate market as a challenged market with an abundance of resale inventory.  For several reasons: Too many speculators in that market.  They want to close n flip.  They are not interested in holding, renting or living in them.  Each time a building closes, we see an increase of inventory. Mortgage market madness has reduced the amount of loan products available to jumbo, second, vacation or investor type property owners. The ones who have very little money down and marginal credit, that is.  So the buyer pool for both resales and new went kaput.  Loud ... Read Full Story

Eligibility : Total Rewards More Ways to Earn (the “Instant Win Game”) is open only to legal residents of the fifty (50) United States, the District of Columbia and Canada (excluding Quebec) who are at least twenty-one (21) years old at the time of entry. Promotion Period : The Instant Win Game begins at 12:00 a.m. Eastern Time (”ET”), October 8, 2008 and ends at 11:59 p.m. ET, November 25, 2008 (the “Promotion Period”). Limit : Each participant may play one (1) time per day during the Promotion Period. Prize (s) : SEVEN (7) PRIZES (1 per Week) : Winners choice of one (1) ... Read Full Story

Caterpillar Inc. is unveiling the next generation of mining trucks at MINExpo 2008 in Las Vegas, NV. Along with improved safety features, Tier 2 compliant engines and new integrated technologies in the existing Cat mining fleet, the company has developed electric drive mining trucks that will debut at the expo September 22-24, 2008. “When our customers asked us for improvements to our mining trucks, we responded by making a record investment in every single truck in our line, as well as the increased capacity to produce more of them,” said Caterpillar Group President Stu Levenick. “New technologies have allowed us to make trucks more ... Read Full Story