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Archive for April, 2009

Shrinking Inventory and Increasing Sales

I’m really just starting to get back out to look at homes. I did write a few offers during the last 2 weeks, but we got out bid on EVERY SINGLE ONE. Almost every new listing (under 100k) that pops up is in multiple offer status within 2 days. The market comments below are about Vegas as a whole, which is good news.

In the historic neighborhoods, the numbers are even more dramatic. For example, the “downtown east side” neighborhoods from Sahara to Charleston and from the strip going east to Eastern have a 50/50 ratio of pendings to available. There’s as many in contract as there is for sale. That area has 4300 homes in it, and there’s currently only 61 for sale. Based on the phone calls I’ve made for the buyer I’m working with this afternoon, 1/2 of those that are still showing as available have multiple offers on them. Recent closing are showing that the homes are selling for MORE than the list prices. Those closing become the comps for the next set of listings, so I see prices starting to rise again.

It’s actually a tough tight market within the boundaries of Vintage Vegas. It’s still an evolving game with no rules, but a game well worth playing. Those who do buy now will do really well as things improve.

Current owners will be happy to know all of this well, as it portends a rapid return to the baseline of value that we had in 2004 before the 5 year insanity of the boom and bust cycle.


From Applied Analysis with thanks to Fidelity National Title:

Inventory Shrinks To Nearly 18,000 Resale Units:

Sales and Inventory Update 04 20-1During the past week, the number of resale homes on the market dropped by 411 units causing total inventory to drop to 18,050 homes.  Inventory figures represent all property types listed within the Greater Las Vegas Association of Realtors MLS. Compared to the same week of the prior year, inventory levels are down 22.2 percent, or 5,165 units. During the past five weeks, the market reported consistent weekly declines in inventory with a combined drop of 2,671 units. 




Contracted Units Rise To Nearly 11,000 Resale Units:

Pending Sales and Inventory Update 04 20-2The number of units in a contracted status increased by 402 during the past week reaching a total of 10,976 homes.  Contracted units represent homes that have been negotiated but are waiting to close.  They consist of contingent units (6,873 homes) that are contingent on some action taking place (e.g., a lender approval on a short sale) as well as pending units (4,103) which are transactions waiting for customary closing procedures to complete. 

Immediate Outlook:

Sales closing activity in the resale market has been on the rise and the latest contracting activity suggests this trend will continue over the next 30 to 60 days (typical closing time frame). (Applied Analysis) 

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“Summer Of 69: Las Vegas Or Bust”


LAS VEGAS – April 27, 2009 – Fremont Street Experience takes Las Vegas back 40 years this summer with the “Summer of ’69: Vegas or Bust” festival and concert series beginning Memorial Day weekend.

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Summer of 69The celebration offers tourists and residents a summer full of free concerts by major iconic bands from 1969, including The Guess Who, Blood Sweat & Tears, Rare Earth,  Janis Joplin’s Original Band Big Brother & The Holding Company, The Grass Roots, Jefferson Starship, The 5th Dimension, Canned Heat and Three Dog Night.


Fremont Street Experience will transform itself for the 40th anniversary of 1969 by taking visitors back to the legendary year. The “Summer of ’69: Vegas or Bust” event series kicks off Memorial Day weekend and continues 108 days through Labor Day weekend.  All summer long, themed nightly entertainment will also include cover bands and tribute artists, theatrical performances with costumed entertainers, new Viva Vision shows paying tribute to the year 1969 and special guest appearances. All concerts and entertainment are free to the public.


“We invite everyone to celebrate the 40th anniversary of the iconic and influential year 1969,” said Fremont Street Experience President Jeff Victor.  “Fremont Street Experience is presenting an impressive line-up of major music artists from 1969 to the public at no cost.  It will be a groovy summer of music, entertainment and lots of fun.  With downtown Las Vegas consistently offering great deals on rooms, dining and entertainment, there is no better vacation spot to have a great time at a great value.”


“Memorial Day Weekend: Celebrate & Remember” brings a military tribute to Fremont Street Experience and kicks off the “Summer of ’69: Vegas or Bust” event series. The event begins Saturday, May 23 and goes through Monday, May 25 and will honor past and current members of the military who have served the United States. Special guest performers include The Guess Who on Saturday, May 23 and Blood, Sweat & Tears on Sunday, May 24.


“Vegas Groovy Cruise” drives into Fremont Street Experience Friday, June 5 until Sunday, June 7 and features classic cars plus muscle cars from 1969 on display. Rare Earth and Bill Haley’s Comets will both perform concerts on Saturday, June 6.


“American Pie 4th of July” commemorates Independence Day weekend from Friday, July 3 through Sunday, July 5 and highlights Fremont Street Experience’s Viva Vision show, “Don McLean’s American Pie.”  Headline concerts will feature Janis Joplin’s Original Band Big Brother & The Holding Company on Friday, July 3 and The Grass Roots on Saturday, July 4. The evening of the 4th of July will also showcase a brilliant virtual fireworks show on the Viva Vision canopy.


“One Giant Leap: 40th Anniversary of Moon Landing” will mark the historic event of mankind, commemorating the launch of Apollo 11 on Thursday, July 16, the landing on the moon on Monday, July 20, then splashdown back on Earth. Special “moon landing” concerts will feature Jefferson Starship on Saturday, July 18 and The 5th Dimension on Saturday, July 25.


“Woodstock TributePalooza: 40th Anniversary of Woodstock” will relive that historic music festival from August 1969. Fremont Street Experience will bring the best tribute artists from around the country to Las Vegas to pay homage to Jimi Hendrix, Janis Joplin, The Who, Joe Cocker, The Grateful Dead and others from Friday, August 14 through Sunday, August 16. They will take the crowd back to the heyday of true feel-good music.


“Labor Day Weekend: End of Summer, What a Bummer Bash” will close the summer concert series the weekend of Friday, September 4 through Monday, September 7. Highlighting the weekend will be concerts by Canned Heat on Saturday, Sept. 5, and Three Dog Night on Sunday, Sept. 6.


All 10 Fremont Street Experience properties (Binion’s Gambling Hall and Hotel, The California, Fitz Casino and Hotel, Four Queens Hotel & Casino, Fremont Hotel & Casino, Golden Gate Hotel & Casino, Golden Nugget, Main Street Station Casino, Brewery & Hotel, Plaza Hotel & Casino and Vegas Club Hotel & Casino) will take part in the “Summer of ’69: Vegas or Bust” with specially themed promotions and outdoor food and drink specials. Retail shops and kiosks will also feature custom “Summer of ‘69” merchandise.


All events are free and open to the public.  For complete information, go to www.vegasexperience.com/summerof69


Read the rest of this entry »

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Worst MLS Photo Of The Day

Omaha Nebraska MLS thanks to Kit PflaumAn agent in Omaha sent these in. These pictures and the commentary have gone viral among Omaha agents. She googled to see if anyone else is publishing bad pictures, and found VVV.

Thanks to Kit Pflaum of CBSHOME in Omaha.

Omaha Nebraska MLS  2 thanks to Kit PflaumYou’ll probably need to click the photos to really appreciate them.





The only thing worse than a bad picture is NO PICTURES AT ALL!


UPDATE 10:47 AM In a private email Kit said:

Jack, That’s great!  Too funny!  Thanks for posting and the recognition.  Yes, after yesterday’s laughs we’ve been finding more.  Unbelievable.  In fact, I couldn’t stand it anymore and called the agent on that house with the people in it and told him he was kinda being laughed at.  He said, “Well Kit, those houses are by appointment only.  Those aren’t for buyers! Those are for Investors.”   I understand what he was trying to say but all we kept hearing was a mocking twist on the Trix cereal commercials….“Silly Agent, those houses aren’t for buyers!…….”  It was pretty funny. 

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What To Do? What To Do?

It’s easy this week! Get out of the house and go DOWNTOWN!

I’ll be first in line! I hope to see you there.

TONITE – Wednesday April 29 at 6pm, Naomi Arins lectures on the art of collecting art. 6 to 8 pm at the Naomi Arin Gallery in the Soho Lofts building 900 Las Vegas Blvd South.

In these unsure economic times art remains the best and most enduring investment opportunity. How do you start? Where do you look? Naomi Arin answers these questions and more in a lecture geared toward the begining collector.



The traditional preview night for many of the venues and galleries of First Friday. 6 to 10 pm. See it all with out the crowds!

Of special note is Marty Walsh’s Trifecta Gallery which is NEVER a disappointment. Her new show is called Stop N Go, which are the designs for the new Downtown Las Vegas Transit System Bus Shelters. Opening reception Thursday From 6 to 10 in the Arts Factory at Main and Charleston.


You might as well just get a room at one of the great hotels Downtown.

Farmer’s Market GRAND Opening 4 to 8 pm at the Fremont East Entertainment District (in front of Beauty Bar and Don’t Tell Mama (which is our newest best favorite piano bar hangout). Last week we attended the soft opening, and this week (and EVERY FRIDAY till October 31) should be bigger and better yet.

First Friday – 6 to 10 PM Venues all over the Downtown Las Vegas Arts District. Here’s the link to all of the events.

Of Special Interest:

Join Mayor Oscar Goodman for the dedication of Atomic Passage, the first public art project in the history of the city or Las Vegas where artists’ concepts have been integrated into the engineering infrastructure of a Public Works streetscape enhancement. The dedication will be held on Casino Center Blvd. between Charleston and Colorado Ave at 6pm

Also of special interest:

Centenial Stories: “Architecture and Neon in Clark County” 6pm at the Clark County Government Center – in the pyramid. Video of this panel discussion will replay all month on Clark County Television CCTV (cable Channel 4)

Las Vegas Gay Pride is going on all week, but Friday night is the PARADE and festivities on the Fremont Street Experience. The parade starts at 8 from Charleston going North to the FSE. It’s a one of the most interesting downtown events of the year. I’ll be hanging around watching right at Fremont Street at 4th. There’s also live bands and opening ceremonies on the 3rd Street stage. Appearing free are:

5 p.m. – Opening Ceremony with Reichen Lehmkuhl, 3rd Street Stage
·     5:20-5:45 p.m. – Temphest Blue, 3rd Street Stage
·     5:55-6:10 p.m. – Justin Lanning, 3rd Street Stage
·     6:15-7 p.m. – Dezmond Meeks, 3rd Street Stage
·     8-10 p.m. – Pride Parade, 4th Street
·     8:10-10:55 p.m. – Louie Louie, 3rd Street Stage


City Cycling Sombrero
       “Bicycling Drunks celebrating Cinco de Mayo a little early”
What: Cocktail Party
Host: PedalPhiles
Start Time: Saturday, May 2 at 7:00pm
End Time: Saturday, May 2 at 10:30pm
Where: Arts Factory Parking Lot

To see more details and RSVP, follow this link :


You have my permission to stay home on Sunday night to watch the first broadcast of the:

In case you missed it the first time, or want to see it again, tune in your television to PBS Channel 110 at 8PM this Sunday night to see the Junior League’s “Morelli and His Music” program about Antonio Morelli, the musical director and orchestra leader of the Sands Copa Room from l954-l971.

You will be delighted to hear the Las Vegas Academy High School Jazz Band and veteran Morelli Orchestra musicians play the “oldies but goodies” showroom era tunes and will be equally delighted to hear the musicians recount their stories about Antonio Morelli and their experiences as his orchestra members. This is Las Vegas history at its best!

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Trent Carlini Opens New Show – Elvolution

IMG_1765Our favorite Elvis Tribute Artist is Trent Carlini. He’s been around for 20 years, and won ABC’s  “The Next Best Thing” contest show last year.

Friday night was the grand opening press party and show at the Steve Wyrick Theater at Planet Hollywood.  


From the “Dream King” website:

The King is back in Las Vegas as Trent Carlini returns to the Strip with the launch of ELVOLUTION™. ….“ELVOLUTION™ is Trent Carlini’s modern-day take on an exciting evolution of Elvis’ musical life,” explains Carlini. “The show will revolutionize the way audiences are accustomed to seeing his portrayal and highlight the King’s best moments throughout his multi-decade entertainment career.

We bumped into Miss Nevada USA, Georgina Vaughan, Tony Sacca, Larry G. Jones, who’s currently headlining at the Royal Resort; Chris Saldana from Channel 8 news, and met lots of other fans of Elvis and Trent Carlini.

IMG_1724IMG_1729Lots of celebrities, lots of shrimp, lots of fun. And a great show as well.






 My brother Joe with Larry G. Brown who headlines with a cast of 1000's at the Royal Resort





Here’s a snippet of one of the vids I took during the performance. You’ll want to see this show, and definitely tell your friends that I said so.




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Critical Mass Meets Luv-It Frozen Custard

IMG_1783Mary Joy literally dragged me out of the house on Friday night. We ran into the Critical Mass Bike Ride folks at Luv-Its.

Luv-Its is one of my favorite places in all of Vintage Vegas. It’s on Oakey at Las Vegas Blvd. Open in the evenings, except Mondays. You’ll alway find a line that’s worth the wait, and you’ll probably meet some new neighbors and friend while you’re there.

IMG_1786Critical Mass is a “take back the streets” bike ride that occurs on the last Friday of each month. They told me they meet up at UNLV, but it’s not so clear where on their MySpace page. I talked to several of them, and found that they’d ridden from UNLV over to the Strip, and then north to take in Downtown. Luv-Its was a great place for them to take a break.




IMG_1781Since the “THIS PLACE MATTERS” sign has been riding around in my back seat, and I’ve been as lazy as all the rest of you about documenting the important places of Vintage Vegas, or even of our own personal lives…..I took it out and made the trip worthwhile. I’ve uploaded this picture of Luv-Its Frozen Custard to the This Place Matters Flicker Page, and put it “on the map”. There’s a whole piece on the subject from a few weeks ago, when it was first announced.

I’d really like you to help me with this important project.

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Worst MLS Photo Of The Day

As much as I’d like to stay buried under the covers for another week……I’m back to work and starting over.

Worst MLS Photo Of The Day:

915368_601_19Your guess is as good as mine!






The only thing worse than a bad picture is NO PICTURES AT ALL!

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Worst MLS Photo Of The Day

Baby dollIt’s bad enough when they abandon the pets.


A reader in California sent this one. It’s obviously not a LV phenomena. If you see a picture worthy of being a WMLSPOTD, then send it to me and I’ll share it with everyone.


The only thing worse than a bad picture is NO PICTURES AT ALL!

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Farmer’s Market In Downtown Las Vegas – The Fremont Street East Entertainment District

IMG_1714Friday night was the soft opening and test run of the new Farmer’s Market in Downtown Las Vegas. The Farmer’s Market will be from 4 pm to 8 pm every Friday night thru the end of October.

I stopped in to the Farmer’s Market around 5pm and was happy to see a small enthusiastic crowd. I didn’t stay long enough to see if an after work rush would happen.




IMG_1718 IMG_1717






IMG_1711Next Friday, which is also FIRST FRIDAY will be the official grand opening launch of the Downtown Las Vegas Farmers Market, and I sincerely hope it will become part of your regular Friday evening routine.



4 to 8 pm every Friday till the end of October in the Fremont Street East Entertainment District of Downtown Las Vegas.

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Worst MLS Photo Of The Day

925069_601_23Clean and move in ready.






The only thing worse than a bad picture is NO PICTURES AT ALL!

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How To Protect Your Sanity, Dignity and Assets Whether You Are Married Or Not

People tend to want what they can’t have. Some choose to not take advantage of what they can legally have, just because it’s not right for them. In either case, it’s important to protect yourselves, because life creates circumstances and issues, and good times and bad times. No one is immune.

In the hundreds of wonderful calls and emails and texts and facebook messages that I’ve received, there’s one big question that kept getting asked. I’ll paraphrase the gist of it for you.

“What are the papers I need if I’m NOT MARRIED?”

VeryVintageVegas is decidedly NOT a gay blog. It never has been, and never will be. It’s about homes and neighborhoods and architecture and history and urban life. There is a huge overlap of the types of people who are interested in those topics. But since I brought it up by going both public and political after JJ’s passing, I’ll have to say that The Gay Community has led the way for 30 years in the fights for the HUMAN RIGHTS OF ALL PEOPLE who don’t fit the model of the way our laws are written.

The laws of the US and the State of Nevada are written for the approximately 10% of the population model (now-a-days) of a man married to a woman, with her staying at home to raise the children.  If something happens to you, the first rights and decision making privileges go to the married spouse. Then your parents and then to your siblings. I’m not sure which comes next…cousins? uncles? nieces?. If there’s none of the above, then it’s a bureaucrat or a judge.


In some real world examples, for instance:

Mary and Bob, or Adam and Steve live in a home together. But it’s only in one of their names. That could have come about for many different reasons. But it’s still both of their homes as far as they’re concerned. That is until the car wreck, or the sudden tragic illness, or the irreconcilable fight over the toilet seat. Then what? Not being protected is easy to ignore until it’s too late.

Mary owns her own home, and lives alone, and likes it that way. She has a new wonderful life, but doesn’t talk to her mother. When she ended up in the hospital from the run in with the drunk driver, they called her Religious Fanatic Mother who insisted that she stay alive on a breathing machine for the next 10 or 20 years. CAN YOU SAY TERRY SCHIAVO?

In my own case, JJ was on life support in January. The ambulance paramedics are the ones who made the decision to put him on life support. I had specific, well thought out, written directives from JJ that he was NOT EVER to be put on life support or to be allowed to stay in that situation.  I had to do battle with the hospital, but in the end, they followed his wishes because I had it in writing about what he wanted and I had it in writing that I was the one who had the power to make the decisions. I have no idea what decisions his mother would have made. They said he’d die in an hour or two if I “pulled the plug”, but I lucked out, and scored 3 extra wonderful months with him. Even if we HAD been married and all the laws HAD been changed to make me first in line to make decisions on his behalf….I still needed the advance directives so that I would know what to do.

As you can see, this topic APPLIES TO EVERYONE. Couples! Parents! The young and the elderly. The married and the “partnered”. It applies to your health, as well as your home and assets and children.

Some of information below applies to single people, as well. I don’t know many single people who aren’t open to not being single one day, so they should store much of this away for when or if they become part of a couple. Even while one is still single, if you don’t designate the person you want making decisions for you and handling your affairs when you can’t, the the laws will decide it for you.

I’m not a lawyer. I can’t give legal advice. But I can give personal advice. My advice is to decide for yourself what you need for your own personal circumstances and to PUT IT IN WRITING.  

You can google away if you want, but the best list of the papers you should have is on the Human Rights Campaign website. It’s written for gay people, and reads that way, since as I said, it’s the gay community that’s been championing and fighting for the laws to get changed. But even for straight people, the advice is right, the list is correct, and it’s certainly pertinent for a real estate blog.


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Thank You

I want to thank all of you from the bottom of my heart. The outpouring of love and support was overwhelming and extraordinary.

I’m deeply touched.

I’m hoping to resume my normal schedule this weekend, but I know my world will never be the same.

Sincerely, and with deep gratitude,


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A Memorial: James J. Pechacek 1954-2009

My husband passed away on Tuesday. Actually, he was my Fiance. We’d been engaged for 33 years. He tried to hang on long enough for us to get married. That goal helped keep him alive for the last several years. He’d have been perfectly content with “domestic partnership”.

JJ was a very private person. Few of you ever met him, nor even knew of his existence. Those who did were indeed, very privileged.

JJ was the counter balance force in my life. We were polar opposites in so many ways. He was a meticulous stickler for details, a deep thinker, a slow responder. He prided himself on his rationality, and his memory. JJ was the best “phone a friend” walking encyclopedia that anyone could have ever hoped to have known. And though he didn’t think so, he was the cutest little puppy in the world.

JJ was the first fan of Vintage Vegas. He’s the one who made me believe 20 years ago that we could create a vibrant, energetic, fun urban core. When we first moved to Las Vegas 1985, he’s the one who only wanted to live downtown. He’s the one who pointed out the first “mid mod” homes that I soon fell in love with. We didn’t know the words for mid mod, but JJ’s the one who showed me why they were important. JJ was my biggest supporter, my most ardent fan. And he was my most vocal critic. I’m so going to miss him.  

JJ liked his privacy and his anonymity. I was most shocked on Sunday when he told me that I could tell some of our story in public….as long as it was to make a point. 

We met in 1975. We were both 21 year olds. He was hitchhiking to Florida. I was driving the semi-truck. I stopped to pick him up in Louisville, and was in love before we got to Nashville. He wanted to be a Gypsy. I wanted to be rich. He wanted to see the great cities and buildings and mountains and rivers and I wanted to meet a couple of million interesting people. We both got what we wanted.

It’s been a long, exciting, and fun journey since then. We’ve been rich and poor and rich and poor again. We’ve been healthy and sick. We’ve been fun loving and furious. We were a couple thru lots of thick and thin. We were PARTNERS. That’s the word we used to describe ourselves. And in our minds and in the reality of space and time we were married. We were married because we said we were. We could have cared less what any church might have thought. That our government considered us second class citizens… mattered a lot.

It was crushing to me yesterday when the coroner’s office didn’t have a category that described us for the death certificate. They wrote that he was SINGLE. They said I WASN’T THE NEXT OF KIN!

Back in January, the hospital recognized the legal power of attorney and other forms that had cost us thousands of dollars in legal fees. Most “not married” couples don’t have those papers ready when they need them. Many couldn’t afford them in the first place. We were fortunate in that regard. Without them, they would wouldn’t have even had to let me into the room.

There’s a thousand things, both big and small that require “the stamp of recognition” from our various governments. Social Security Survivor benefits, taxes, inheritance rules, property rights, parental rights, and on and on and on. This is no small matter to the lives of many millions of Americans.

And that brings us to the irony of the timing of JJ’s passing. Within a few minutes one way or the other of JJ’s death….The Nevada Senate passed “Domestic Partnership” legislation. JJ would be very proud of them. Many of our best friends are in Carson City this week to tell our stories, and to lobby for passage of the bill. JJ wanted me to go, but I couldn’t leave him alone for 3 days. I’ve asked them to deliver a copy of this obituary for me.

Our governor has said that he’ll veto it if it passes. Why? Because “he doesn’t believe in it” is the only answer he has. JJ believed in it and so do I. I hope you do, as well.

One of JJ’s final requests was that I tell you our story and that I ask all of you, in his memory, to PLEASE call or write the Nevada Legislature, AND THE GOVERNOR and tell them that you support domestic partnership legislation.  For that matter, tell the Congress and the President as well.

All JJ wanted was that I be recognized, at the barest of minimums, as his LEGAL “next of kin”.




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Aids Walk, HRC Picnic and Antique Fire Engines

IMG_1569Sunday was the Annual AFAN Aids Walk. 7000 people came downtown and had the opportunity to walk around and see what’s going on. I put all the pictures on myfacebook page, but here’s a few highlights. Oh, that I could get them to walk thru the historic neighborhoods!








The IMG_1602HRC Family Picnic followed the Aids Walk at an adorable little park that I didn’t know about. It’s called Rotary Park, and is adjacent to the Hyde Park Middle School, which is near Valley View and Charleston.






IMG_1597It’s also across the street from Fire Station #5 which has on exhibit the restored 1917 Model T Ford Fire Engine that was the first motorized fire fighting apperatus in Las Vegas.







IMG_1594I tried to get better photos of the side of the fire truck, but this was the best I could do with the glare from a glorious spring time day in Las Vegas.

It’s a little piece of Las Vegas History that I didn’t know about, and that I’ve never seen mentioned anywhere.

To visit the Rotary Park, or to see the 1917 Model T Fire engine…..From Charleston and Valley View, go west 1 block to Hinson. Turn Right or North on Hinson. The Fire Engine is immediately on you left, and the park is on your right.

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Las Vegas Farmer’s Market – Fremont East Entertainment District

NEW for Spring 2009

Las Vegas Farmers Market at Fremont East Entertainment District

corner of Fremont St. And Las Vegas Boulevard
Fridays 4:00-8:00 PM Weekly
May 1st Through October 30th
Soft opening April 24th
Earth Day-Buy Local.
Regional produce available.
Please tell your friends, and neighbors.
Make it. Bake it. Sew it. Grow it! 
Growing the right ideas has never been easier or more fun than stopping by the Las Vegas Farmers Markets,now accepting new vendors.

A long time coming, but it’s finally here! Do some shopping, cruise Fremont Street Experience,

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