Situated on eight acres of ideal wine-growing land, the Valley View Vineyards offer the perfect location to produce top-notch wines. While they don’t choose to sell their wines, the Sanford Family enjoys their productions themselves, and offers them as gifts to friends and charities.

This affordability, alone, should increase home sales and boost the real estate market a bit. As Smith reports,”We’re still going to sell some new homes. We still have people retiring. Yuppies are retiring and moving here for tax reasons. Being in the Southwest, because of our better weather, there’s always going to be people moving here.”

In addition, companies and individuals who can afford to do so are helping to regenerate the real estate market by purchasing foreclosed real estate and other properties. Such companies, like Sightline Acquisition with Kirk Sanford, and others, help to rejuvenate the economy in Vegas and bring people back.

One thing that makes CityCenter particularly unique is that it’s aiming to be the first and largest LEED certified project in Vegas. As part of CityCenter, there will be three residential buildings.

This economic and real estate rejuvenation is good news for Las Vegas real estate investors such as Sightline Acquisition with Kirk Sanford, the Prominent Realty Group and many others.

One new interesting study points to the walkability of the neighborhood. A company called ceoforcities.org has created a report showing that home values go up as the walk score in a neighborhood ascends. The walk score shows how walkable a neighborhood is.

They found, for instance, that each additional Walk Score point adds somewhere between $500 and $3000 to the value of the home. Walkability helps homeowners because it allows you to reduce your car dependency, cut transportation costs, and help the environment.

The Lied Institute for Real Estate Studies, an affiliate of the University of Las Vegas, presented a report based on the opinions of 70 local businessmen, politicians and academics. There was no question, according to the experts, that the road to diversification is the road that is needed to be taken.

It was noted that the Las Vegas Convention and Visitors Authority spends about $90 million each year to promote the resort industry all over the world, but the Nevada Economic Development Commission only spends about $6 million each year attracting businesses to the area.

Kirk Sanford is one of those rooted and invested in the strength of the economy of Las Vegas and its surrounding areas. As an investor in real estate in Southern Nevada, it would benefit Kirk Sanford along with other local businesses for the economy in the region to weather the storms of economic crisis with stability and resilience.

In a report entitled “What Happened? What’s Next? Can We Hit the Reset Button?” academics, business leaders and politicians expressed their views, coming on strong on the side of diversification as a stabilizing factor in the health of the economy.

The report was conducted by the Lied Institute of Real Estate Studies, which is part of the University of Las Vegas. The bad news is that in order to get to the goal of a healthily diversified economy, more money must be spent, especially on public education K-12 and higher education, too. Why is improved education so crucial? According to John Restrepo the principal of a consulting group, in order to attract a larger variety of businesses into the area there must be a higher quality workforce available to fill the positions new businesses would create.

As a member of the business community in Las Vegas and Southern Nevada, Kirk Sanford would certainly like to see greater diversification and stability in the local economy as well as a strong recovery nationwide.

As a result of the recent collapse of the local economy in Las Vegas 70 of Southern Nevada’s business leaders, politicians and academics took another look at an idea that isn’t new, diversification of the economy.

Because the economy of Southern Nevada relies heavily on industries that rely mostly on growth-fueled industries such as construction and real estate, aside from the vulnerable industries of gaming and tourism, when the national economy staggers, Southern Nevada falls.
Relieving the pressure on these industries to provide the engine for the financial well-being of the region would be accomplished by and expansion of industry into less vulnerable areas, therefore diversification is a key goal for the future health of the Southern Nevada and Las Vegas economies.

This would be good news for all segments of the Las Vegas economy, including real estate investors such as Kirk Sanford, whose Sightline Acquisition Corporation invests in distressed properties in the area of Las Vegas and Southern Nevada.

2010 should be a good year for potential home buyers. Obama has recently signed legislation that extends a first time home buyers tax credit. It gives both new and move-up buyers a tax incentive to buy a home until at least April 20, 2010, and even longer for military personnel.

In a depressed economy, companies like Sightline Acquisition Corp, with CEO Kirk Sanford, have been working to pump money into the economy by buying properties. Kirk Sanford chairs this privately held investment fund that specifically looks to acquire distressed properties and other assets.

This new tax law extends the credit for first-time homebuyers which is worth up to $8000. Even existing homeowners can cash in on this legislation. A new credit of up to $6500 is available to existing homeowners who qualify. This is for those who either buy a new primary residence or have one built by April 20, 2010. They have to already have their existing property for five consecutive years of the last eight years.

As part of many people’s New Year’s resolutions, you can add home buying to the list. 18% of Americans, according to a survey on Move.com, say that they are ready to become first-time homebuyers in 2010. With mortgage rates at a record low and prices down a great deal, this is, undoubtedly, a smart move.

Kirk Sanford, the Chairman and CEO of Sightline Acquisition Corp, is certainly looking ahead to the market in 2010. Sanford and Sightline Acquisition Corp specialize in acquiring distressed property in Las Vegas. At the moment, Vegas is the perfect location for their ventures due to its rapid population growth, its mature market statistics, and its present low prices for real estate.

In addition to home buying, many people say that they want to start home improvements in 2010. Nearly 40% of those surveyed said that they home to start home improvements and they hope to use cheap home equity money to do the job.

Only the Sanford’s second release, the grapes for the 2004 Vintage Estate were handpicked after growing and ripening in the volcanic soil, exposed to the cool, clear summer mornings and warm, sunny Northern California afternoons. The 2004 release is a unique, rich and textured blend of 71% Cabernet Sauvignon, 19% Cabernet Franc, and just 10% Petit Verdot for that intense addition of tannin, color and flavor which makes the Sanford limited edition such a special experience.