{"id":204,"date":"2006-08-13T07:44:33","date_gmt":"2006-08-13T14:44:33","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=204"},"modified":"2006-08-13T07:46:17","modified_gmt":"2006-08-13T14:46:17","slug":"last-days-of-the-single-family-homestead-in-frontier-las-vegas","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/204\/last-days-of-the-single-family-homestead-in-frontier-las-vegas\/","title":{"rendered":"Last days of the single-family homestead in Frontier Las Vegas?"},"content":{"rendered":"

They have this amazing innovation in Las Vegas. It’s called a newspaper, and what it is is a daily detailed run down of important facts with no editorializing, which they somehow manage to constrain to the opinion pages. It would be so wonderful to have something like this in Phoenix…<\/p>\n

Particularly for real estate reporting. Here’s an interesting article from the Las Vegas Review-Journal<\/i> on the impact of land-use restrictions on single-family housing development<\/a>:<\/p>\n

It’s a local mainstay: The new-home subdivision with 150 single-family homes, comfortably ensconced on 6,500-acre [6500-sf?] lots behind thick cinder-block walls.<\/p>\n

More than 71 percent of new homes sold in the Las Vegas Valley today are single-family properties, data from research firm SalesTraq show. Given that market dominance, it would seem inconceivable to consider the typical Las Vegas production-home tract an endangered species.<\/p>\n

However, one local housing analyst predicts that sometime in the next seven years to 10 years, the lights will go out on the last traditional new single-family subdivision in the valley.<\/p>\n

Steve Bottfeld, a senior analyst with Marketing Solutions, says a multitude of trends will conspire to render new single-family development obsolete within the next decade.<\/p>\n

Area builders acknowledge the market changes that are complicating single-family development. But they’re also planning adjustments in how they develop that they say could save the single-family tract.<\/p><\/blockquote>\n

We’ve been in new home subdivisions in Sin City that were built on amazingly small lots. Three stories to allow for a one-car garage, 2000sf livable on a 2400sf lot. Basically the ‘back yard’ is a smoker’s porch. These are sold as fee estates (you own the underlying land), not condo plats, but your neighbors will never, ever argue in secret. Allowing for appearance, they reminded me of single-family homes in Queens, New York, or the near-in suburbs of Chicago.<\/p>\n

There is a lot of high-rise development in Vegas right now, but construction costs put low-end housing at $300 per square foot. Mid-rise wood-frame construction is cheaper — but that cheapness shows in short order, and water damage is accretive and ultimately irreparable.<\/p>\n

Las Vegas is a leading-indicator market for Phoenix, so it will be interesting to see how Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

They have this amazing innovation in Las Vegas. It’s called a newspaper, and what it is is a daily detailed run down of important facts with no editorializing, which they somehow manage to constrain to the opinion pages. It would be so wonderful to have something like this in Phoenix… Particularly for real estate reporting. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,5],"tags":[],"class_list":{"0":"post-204","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1616,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1616\/viva-las-vegas-the-monorail-might-be-a-failure-as-a-transportation-system-but-it-is-sin-citys-best-commercial-real-estate-development-tour-bus\/","url_meta":{"origin":204,"position":0},"title":"Vista on Las Vegas: The Monorail might be a failure as a transportation system, but it is Sin City’s best real estate development tour bus","author":"Greg Swann","date":"July 1, 2007","format":false,"excerpt":"Cathleen and I were married on Independence Day in the Little White Chapel on the Strip in America's Playground, scenic historic Las Vegas, Nevada. To there do we return, tomorrow through Friday, to celebrate our anniversary. It's actually a funny place for us to go. Cathy's interest is gambling is\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1641,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1641\/more-construction-photos-from-las-vegas\/","url_meta":{"origin":204,"position":1},"title":"More construction photos from Las Vegas","author":"Greg Swann","date":"July 7, 2007","format":false,"excerpt":"We did more in Las Vegas than tour construction sites, but you'd never know it from the snapshots. Here are some more projects in the works -- nothing like all there are to be explored. This is a view across the Bellagio to the CityCenter site. In the middle foreground\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":583,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/583\/a-radically-different-way-of-thinking-about-real-estate-what-if-las-vegas-boulevard-were-private-property\/","url_meta":{"origin":204,"position":2},"title":"A radically different way of thinking about real estate: What if Las Vegas Boulevard were private property . . . ?","author":"Greg Swann","date":"October 28, 2006","format":false,"excerpt":"For Galen Ward from Rain City Guide, here is a weblog post I wrote in 2003 on the idea of mass transit and private property in Las Vegas. The Las Vegas Monorail was then still in construction, and I was busily demonstrating why it must fail -- which it has,\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1625,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1625\/cranes-are-not-an-endangered-species-in-las-vegas\/","url_meta":{"origin":204,"position":3},"title":"Cranes are not an endangered species in Las Vegas","author":"Greg Swann","date":"July 3, 2007","format":false,"excerpt":"We tipped our way into the most amazing room we've ever had in Las Vegas. There are at least 13 cranes visible from our window, looking south on the Strip, most of them at MGM's Project City Center. We plan to take a closer look at that today.","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1618,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1618\/the-secret-to-building-an-audience-weblogging-is-half-news-half-opinion-and-half-show-business\/","url_meta":{"origin":204,"position":4},"title":"The secret to building an audience? Weblogging is half news, half opinion and half show business","author":"Greg Swann","date":"July 3, 2007","format":false,"excerpt":"I wrote this nearly four years ago:Anyone who has ever been to Las Vegas has seen Showbiz Weekly and What's On magazines. One or the other was waiting for you in your hotel room, but there were racks of them at the airport and at the car rental counter, plus\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2225,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2225\/not-to-take-anything-away-from-the-nar-convention-in-las-vegas-but-this-seems-like-the-better-takeaway\/","url_meta":{"origin":204,"position":5},"title":"Not to take anything away from the NAR Convention in Las Vegas, but this seems like the better takeaway . . .","author":"Greg Swann","date":"November 15, 2007","format":false,"excerpt":"This requires reasoning by analogy, never a welcome exercise. Even so, there's a clue here if anyone cares to catch it: \"We used to fool ourselves. We used to think our content was perfect just exactly as it was. We expected our business would remain blissfully unaffected even as the\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=204"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/204\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}