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Las Vegas Real Estate Blog

Your Las Vegas real estate information source. The latest news, new construction, scandals, additions to the strip and other Las Vegas and related information.

Friday, May 29, 2009

Chester the Molester Gets LIFE

Chester Stiles whom I've dubbed Chester the Molester, was convicted earlier this year on several counts of child molestation. In a rare instance of true justice, Chester was sentenced to 21 LIFE sentences. That's right, he is NEVER going to harm another child again.

Mr. Stiles appeared before the court and gave a statement, whining that the tape wasn't properly inspected or some such garbage and that he was being treated unfairly because of the media attention. Perhaps he has a point. Perhaps no one gives a **** because he was without a doubt guilty as charged and had gotten away with it for years. I know he handed a life sentence to his victims. I'm sure parents here in the Las Vegas valley will rest a little easier knowing that a child predator is behind bars permanently.

Also a tip of the hat for a job well done to the city of Henderson police department for nabbing Stiles originally.

I'm sure Mr. Stiles will appeal and appeal. But in the mean time, his victims and their families can rest easy knowing justice was served.


Chester the Molester Goes on Trial


Wednesday, May 13, 2009

Out of Town Visitors

Today the city held a "tourism" rally to promote (and reaffirm) our tourist trade. Tourism has been down the last year and has hurt the local economy, but if you're a visitor it has worked out well for you (room prices are unbelievably cheap at the moment). A friend of mine was in town for a few days checking out the real estate market here after visiting some relatives in nearby St. George.

Larry is a Denver Realtor so naturally we ended up talking about the First Time Home Buyer tax credit and how it would effect the market once it expired. He was of the opinion that the market would suffer once its was no longer available. His daughter Liz Hotz has had only first time buyers as clients this year (and has closed more deals than Dad as a result) and most of them were motivated by the credit to buy a home now.

With the economy the way it is, steady home sales and a reduction in foreclosures is a necessity to getting things back on track. The April foreclosure numbers were released today and sadly, once again Nevada is leading the nation.

So my question to everyone out there is this: Do you think home sales will decline significantly once the First Time Home Buyer tax credit expires?


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