With 5,000 people moving here each month, somebody had to spill the beans!

70: One is Good, One is Bad: Las Vegas Hiking, Las Vegas Real Estate Agents

August 29, 2009

[Let’s set the mood. . .it’s a Saturday night. . .the studio lights have been dimmed. . .the red wine is ready and willing. . .what better time to record a Living in Las Vegas Podcast?]

Professionalism?  Las Vegas Real Estate “Professionals” calling.  We’re a little lost, here.  Can you send somebody over?

Okay, this wasn’t meant to be the main topic. . .and it’s not. . .but, for the love of all things reasonable, get it together Las Vegas real estate folks!  You’re making those of us who live here look bad!

On a positive note, after ranting about the nasty issues of real estate, this edition of the Living in Las Vegas Podcast talks about three places to hike, two of which I deemed “hiked” even though my definition of hiked and Melissa’s were not completely in line.  Show notes:

  • PHOTOS! (of the studio, post-show)
  • Weather (heat advisory) / LiLV Pool (3 degrees from perfection)
  • LiLV Stuff
    • Listener Line: 206.312.0105
    • Sign up of Email Alerts (form found on right side of our website)
  • Las Vegas Chamber of Commerce Business Education Series 
  • Thoughts on Las Vegas Podcasts
  • Mojito Recipe?
  • Summerlin Hospital RANT
  • Summerlin vs. Aliante
  • Real Estate Idiots
  • Listener Email: Real Estate Idiots +2, Holiday Festivities
  • Listener Audio: Where’s my strings, Mike?!?!
  • Hiking in Las Vegas
    • Red Rock
    • Valley of Fire
    • Mt. Charleston
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August 26, 2009

I just learned (thanks Cheryl!) that Time.com took down the video I referred to in a recent blog post [Time Magazine Features Las Vegas Foreclosure: Article and Video] because of “some sensitivity with various issues”.  There is a very interesting article on the Las Vegas Sun website about the fallout from the Time’s article — specifically, the Realtor quoted in the piece is in hot water. 

In the original Time’s article, the Realtor (Brooke Boemio) bragged about “helping clients who are underwater on their mortgages buy a second house on the cheap and stop making payments on their first mortgages, pressuring the bank into selling the houses for a loss” [from the Sun article].   She said that “everybody’s doing it”, including herself.

That practice, along with breaking into a foreclosure house, did not reflect well on the real estate community and has since brought some heat to Ms. Boemio.  Since the story appeared, she no longer works for Coldwell Banker, having “parted ways”.

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August 25, 2009

I saw an interesting article in the Las Vegas Review Journal a couple days ago about Internet gambling.  The article said that a House of Representatives resolution was introduced in May that would “establish a framework to permit licensed online gambling operators to accept wagers from inside the United States.”

According to the article, Nevada has the “statutory structure” in place to investigate and license online gambling companies.

My questions —

  • How would this effect existing online casinos? 
  • Would congress actually allow this to happen?
  • Would this reduce visits to Las Vegas?

Whatcha think?

[8/26/09: Just learned that Time.com took down the video because of "some sensitivity with various issues". There is a very interesting article on the Las Vegas Sun website about the fallout from the Time's article -- specifically, the Realtor quoted in the piece is in hot water.]

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August 14, 2009

As I was playing around with my iPod Touch, I stumbled upon Time Magazine’s iPod-based website.  The first article I found was a cover-piece about Las Vegas.  It was a very interesting article.  Here’s the link:

Article: http://www.time.com/time/nation/article/0,8599,1915962,00.html

Along with the article, there was an associated video that followed a local real estate agent to two foreclosed properties, one of which was in Newport Lofts [recent blog post].  You’ve got to see this video.  Half of the units are empty, according to the real estate agent.  It’s startling what somebody was able to do at one of the lofts (change the locks?!?!).  They sneak into house later in the video to see the shape it’s in.  Here’s the video link:

Video: http://www.time.com/time/video/?bcpid=1485842900&bctid=33598672001

Have a great weekend everybody!

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August 7, 2009

Melissa and I often recommend Social House to out-of-town guests interested in a great restaurant on the Strip.  It’s got a great view of both the Strip itself and TI’s pirate show and, so we’ve heard, great sushi. (We don’t eat sushi.  I believe sushi is Japan’s response to WWII.  Fool the Americans into eating raw fish.  Course, it’s just a theory.)  Anywho, we’ve been several times, have taken our kids there a couple times, and we always come away impressed.

Melissa’s cousin was in town last week and we recommended she and her husband check it out (they are a: big sushi fans and b: don’t subscribe to my paranoia).

Come to find out, the Social House is no longer being social.  M’s cousin told us it was closed!

I didn’t know anything about that (obviously) so I sent out a tweet/facebook message asking around.  Here’s what I learned:

According to Pure Management Group (who run Social House and several other restaurants/clubs in LV). . .

“PMG announces that on Sunday, July 5 it will close its innovative sushi restaurant, Social House inside Treasure Island in order to concentrate on negotiations for a new location on the Las Vegas Strip for the popular restaurant concept.

PMG is excited to announce the new location once negotiations have been completed.”

Isn’t that crazy?  Why would they leave that location?  Why would TI allow them to leave?  Is this all about greed?  Was TI not being fair?  Will Batman save Robin from the giant clam?

I’d like to know what transpired behind-the-scenes to motivate a management group to simply shut down a restaurant, versus continue to negotiate.

(Melissa just walked in while I was writing this and said she didn’t think Social House was very well “featured” at TI.  She said it was “kinda hard to find, and that the restaurant itself you couldn’t see from the casino floor.”)

Wouldn’t it be cool to know what really happened?

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