Homebuilders are preparing for only modest growth in new-home sales, and land investors appear bullish on the Las Vegas real estate market. Investors and developers drove land sales volume to more than $230 million in 2010, a 167 percent increase over 2009, said Bill Lenhart of Sunbelt Development and Realty Partners. The most active sellers were banks and private lenders who sold off land in foreclosure. Investors accounted for 65 percent of all land purchases in 2010.
An important loan guarantee has come through for a major Nevada power project.
Electric-transmission developer LS Power and power utility NV Energy have been granted a $363 million loan guarantee by the U.S. Department of Energy that will allow the companies to begin developing their One Nevada transmission line, or ON Line.
Most Nevadans disagree with Republican Gov. Brian Sandoval’s plan to avoid tax increases in large part by cutting education and social service programs, a new poll shows. But respondents also say they trust Sandoval more than they trust legislative leaders when it comes to understanding the plight of everyday Nevadans.
YANGON, Myanmar — From almost the moment Le Yati Min was born, her mother knew the girl had a little something extra. “I asked the nurses whether my kid was born complete with hands and legs,” says her mother. “They replied that the baby even has more than she needs.”
NASHVILLE, Tenn. — Billy Ray Cyrus says the Disney TV show “Hannah Montana” destroyed his family, causing his divorce and sending daughter Miley Cyrus spinning out of control. Cyrus said he wished the show that launched his daughter to pop stardom had never happened. He said he is scared for his daughter and compared her current path to those of stars whose lives ended tragically, including Kurt Cobain, Anna Nicole Smith and Michael Jackson.
Judge Gloria Navarro has ordered Cole Puffinburger brought to the courthouse Wednesday in case defense lawyers call him as a witness in the trial stemming from the boy’s 2008 kidnapping. Prosecutors have rested their case against Jose “Miguel” Lopez-Buelna and Luis Vega-Rubio, who are being tried on kidnapping and drug charges in connection with Cole’s disappearance.
Senate Majority Leader Harry Reid from Nevada and champion boxer and Philippines congressman Manny Pacquiao swapped gifts and compliments Tuesday in the Capitol.
NEW YORK — A sun-kissed Irina Shayk in a tiny pink-and-yellow halter bikini has landed her first cover of the Sports Illustrated Swimsuit issue. The Russian-born, 25-year-old won the coveted spot based on a photo shoot months ago in Hawaii. She’s been in the wildly popular issue five times before. In keeping with tradition, the cover of the special issue is kept secret until the magazine is ready to hit newsstands.
A poll Rep. Dean Heller released Tuesday shows him with a 53-38 percent lead among Republican voters if he challenges Sen. John Ensign in the party’s Senate primary next year.
