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Wrong Steve Bottfeld?

Mr. Steve Bottfeld

Executive Vice President

Marketing Solutions

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Marketing Solutions

Background Information

Employment History

Managing Director

Magazine Division, Review-Journal


Advisory Board Member
NVAHREP Community Outreach

Web References (198 Total References)

Production Homebuilding Experts - Gerson Lehrman Group [cached]

Steve Bottfeld, Principal, Marketing Solutions

Steve Bottfeld
Principal Marketing Solutions SM is our premium Member ProgramSM. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG. ">
Steve Bottfeld is the Principal of Marketing Solutions, a Las Vegas based firm which specializes in real estate economics and consumer research. Mr. Bottfeld is considered as an expert on the state of the Las Vegas market and his clients range from Citibank...

Gerson Lehrman Group - The Expert Network [cached]

Author: Steve Bottfeld, Principal, Marketing Solutions

"Real estate has always been a ... [cached]

"Real estate has always been a good investment, and right now it has never been better from a residential standpoint," said Steve Bottfeld, executive vice president of Marketing Solutions.

No one should confuse this class of investors in residential real estate with those during the boom that bought and flipped houses, Bottfeld said. These investors are looking to hold long term and earn money off rental income, he said.
It makes sense because if someone can buy a home for $100,000 in cash and rent it for $1,000 a month, that equates to a 12 percent return before taxes and other expenses are included, Bottfeld said. Even getting an 8 percent return is better than the 2 percent they might get at their bank, he added.
Land came in second after single-family homes because despite the meltdown in the market, it remains a precious commodity, Bottfeld said. Even though Las Vegas is overbuilt, there is a limited supply of land because of restrictions by the federal government, he said.

For homes valued at more than ... [cached]

For homes valued at more than $500,000, ensuring that water is a key part of the design is critical to the success of high-end builders, says Steve Bottfeld, principal of Marketing Solutions, a Las Vegas-based firm specializing in real estate economics. "You're seeing hot and cold pools, and indoor pools," he says.

Las Vegas Real Estate [cached]

But costs of building roads, sewers and utilities "are incredible," says Steve Bottfeld, senior analyst of Marketing Solutions, a local research firm.

"This isn't something that's trickling down, it's flowing down, top to bottom, fast," Bottfeld says. "It's the Manhattanization of Las Vegas."

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