Episode #39 of “Unnamed Show” | In this episode Brendan and Jack talk all about the Oscars 2022, the NCAA Final Four, the 64th annual Grammy Awards, BTS member testing positive for COVID, Miranda Lambert‘s Las Vegas residency, the new rules for NFL overtime games during the playoffs, the best outdoor rooftop patio restaurants in Las Vegas, and of course the Las Vegas Real Estate Market.
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(01:48): Will Smith Smacks Chris Rock at Oscars - Variety
The BKG picks
Congrats Brendan and Caroline
(07:32): How ‘CODA’ Won Best Picture at the 2022 Oscars
(09:47): 64th Annual GRAMMY Awards
(10:00): Foo Fighters halt live dates as Grammys approach | Las Vegas Review-Journal
(11:01): BTS’ Jungkook positive for COVID-19 upon arrival in Vegas | Las Vegas Review-Journal
(12:24): Priscilla Presley to headline Las Vegas for the first time | Las Vegas Review-Journal
(13:23): Country superstar announces Las Vegas residency | Las Vegas Review-Journal
(14:43): NCAA/The Final 4
The game's best teams will be at the Superdome. Let's hope the matchups live up to the hype. April 2nd
NCAA/The Final 4
The game's best teams will be at the Superdome. Let's hope the matchups live up to the hype. April 2nd
(16:28): NFL owners approve rule change for OT in playoffs | Las Vegas Review-Journal
(19:51): The best rooftop patios in Las Vegas - Eater Vegas
8932 Tomnitz Ave.
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(26:08): Reserve at Red Rock Canyon to feature Blue Heron designs | Las Vegas Review-Journal
(27:21): Confusing house for sale in Las Vegas shocks folks. ‘Is this what anxiety looks like?’
(30:14): 2022 Housing Market: Will It Continue To Bubble Or Will It Burst?
(33:37): Monday Market update
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(34:51): Cracked Egg
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This is transcribed (accuracy not guaranteed)
BrendanKing(00:34):Hey, it's Brendan King from The BrendanKing Group at Real.
JackPalermo(00:37): Jack Parlemo from the BrendanKing Group at Real.
BrendanKing(00:39):And this is episode number 39 ofthe-
Brendan and Jack(00:41):Unnamed show.
BrendanKing(00:44):What's going on Jack?
JackPalermo(00:45):How's it going?
BrendanKing(00:46):As always, another show, anotherweek, another time to text VIP to 702-553-1955. Text VIP to 702-553-1955. Geton our list. I don't know why some of you have haven't done it yet becausethere's some great things that we'll text you every single week. We've got TheAviators coming up starting this week. And we've got tickets to give away verysoon. So text VIP if you'd like to get on the list, and we'll also have aseparate text next week just for the baseball games alone.
JackPalermo(01:20):Don't forget to follow us onInstagram @brendankinggroup. Instagram. Great place. Check out all our stuff@brendankinggroup.
BrendanKing(01:28):Yeah. So not much has happenedthis weekend, really.
JackPalermo(01:32):Not too much.
BrendanKing(01:33):Really nothing to watch on TV.Nothing that's made the news or memes or anything at all.
JackPalermo(01:39):No, not at all. Not at all.
BrendanKing(01:40):But what did happen was theOscars.
JackPalermo(01:43):Yes. The Oscars.
JackPalermo(01:44):Yes. And don't forget aboutthat, yes.
BrendanKing(01:48):And Will Smith smacks Chris Rockon stage after a Jada Pinkett Smith's joke.
JackPalermo(01:54):Very interesting. It was veryinteresting.
BrendanKing(01:56):Yes. I saw it live. Did you seeit live?
JackPalermo(01:58):I also saw it live. Yes, I did.
BrendanKing(01:59):I saw it live. And then my wifeand kids got home one minute after it happened. And I was sitting on the couchlike this. I was like-
JackPalermo(02:07):Yes, my jaw hit the ground.
BrendanKing(02:08):...what did I just see?
JackPalermo(02:09):Jaw hit the ground.
BrendanKing(02:10):And I was like, "sit down,sit down." I got to rewind this. I rewound it-
JackPalermo(02:13):I know it's so crazy.
BrendanKing(02:14):And I played it back then Istarted searching on the internet and I couldn't find anything, likeimmediately.
JackPalermo(02:19):Not right away.
BrendanKing(02:19):There was nothing right away.Not that anybody can type within five seconds, but within two minute there wasdefinitely-
JackPalermo(02:24):There was the uncensoredversions where like from Australia, Japan, they were all over the internet.
BrendanKing(02:30):I guess on all the internationalfeeds, they played it on-
JackPalermo(02:35):Yeah. So they didn't have toturn down the volume. The American feed you couldn't hear anything you just sawthem talking.
BrendanKing(02:42):And I think we have a 30 seconddelay on the Oscars.
JackPalermo(02:46):On live, yeah.
BrendanKing(02:47):On the live feed. And for somereason the international feed doesn't have the same thing. So they got to seeit all in real time, we got to see it later in real time.
JackPalermo(02:57):It was interesting. Six minuteslater...
Speaker4 (02:59):I didn't think it was real. Sothat's why I kept going back and forth on it.
JackPalermo(03:02):Well there are people out therethinking that it was all staged for some reason. I can't really figure out whyor how or come up with what the reason might be, but...
BrendanKing(03:11):All I could think of iseverything my parents ever told me in some ways, like where there's a time anda place. And that is not the time.
JackPalermo(03:19):I was taught to not slap anyoneon stage.
BrendanKing(03:21):It's not the time or the place.But I know we're all going to have our different opinions. We figured we'd justchat about it. We're not giving our opinions. We're open to all opinions.
Speaker4 (03:29):And I had a feeling he was goingto win too, so...
JackPalermo(03:34):Well yeah, he was going to win.That movie was great.
Speaker4 (03:37):It was a good movie.
JackPalermo(03:37):His performance was great.
Speaker4 (03:37):Then he got a speech...
JackPalermo(03:39):Then he got a speech.
BrendanKing(03:40):And then the speech we hadn'teven gotten to that yet. Because we haven't even talked about the slap yet. Butjust with the slap alone, like if you're at an event-
JackPalermo(03:51):You just don't do that.
BrendanKing(03:51):That's an award show and you'rea respected individual.
JackPalermo(03:55):Right, that people look up to.
BrendanKing(03:57):That is worth 350 milliondollars, not that money means you act differently, because sometimes it meansthe other way around. And you're somewhat of a legend within the industry. Sothat means you're an example to others. And then you think you have the rightto just walk on stage and slap somebody across the face whose job is to makefun of people.
JackPalermo(04:19):He is a comedian, like he is oneof the best.
BrendanKing(04:21):And you're a comedian.
JackPalermo(04:22):Yeah. He's one of the best inthe world.
BrendanKing(04:23):He's not really like an actualcomedian,
Brendanand Jack(04:27):Will Smith.
BrendanKing(04:27):He's more of like a physical comic.But if anybody should understand, he should understand. Ricky Gervais rippedeverybody in the audience to shreds.
JackPalermo(04:37):Oh right, the Golden Globes.
BrendanKing(04:40):If you were Jack Smith.
JackPalermo(04:43):Mm-hmm (affirmative), okay.
BrendanKing(04:44):I'll give you Jack Smith.
JackPalermo(04:46):All right, all right. I'm in,I'm in. I'm waiting for it.
BrendanKing(04:47):And your wife's name was[Shakisha Smith 00:04:50]. And you were sitting there.
BrendanKing(04:52):And this happened to you. And itis quite unfortunate. It was just a bad joke.
JackPalermo(04:57):We had a conversation-
BrendanKing(04:58):Let's start with that.
BrendanKing(04:59):Yes. It was a bad joke.
JackPalermo(05:00):We did have a conversation aboutit, me and the wife and we both decided you just don't do that in a public eventlike that. Now if I ran into somebody at a restaurant, on the street, somerandom person who made a joke about my wife, it would be maybe a differentstory.
BrendanKing(05:16):Totally different story.
BrendanKing(05:16):Yeah. You're at a restaurant ora party... I almost feel like at that point it's personal because you're not-
JackPalermo(05:22):Right, exactly, 100%.
BrendanKing(05:22):Presenting, you're not tryinghard to do a bad joke. Like the thing is at first he said the joke and I waslike, that was lame.
JackPalermo(05:30):It was kind of lame.
BrendanKing(05:31):I was like, "that waslame." And if you're a relatively-
JackPalermo(05:34):I did laugh a little bit though.
Speaker 4 (05:35):I liked it.
BrendanKing(05:36):If you're a relativelyintelligent person who's been into business for a while you'd think maybethey'd roll eyes and they both give him the bird, which is still not classy,but still at least it's like, "dude, come on, don't make fun of my wife'sactual ailment."
Speaker 4 (05:50):Right well, he laughed first.They showed him laughing first and then she gave him like this look. And thenit was like, okay, I got to get up and do something.
BrendanKing(05:58):She's like, "I'm going tostart doing what I used to do."
JackPalermo(06:00):Right. When she used to...Anyway, anyway, moving on.
BrendanKing(06:07):But this is... So I thinkthere's a lot of layers to this. It has definitely brought up thousands andthousands of memes.
JackPalermo(06:17):Yeah. Oh God.
BrendanKing(06:19):We're in real estate.
JackPalermo(06:20):There's so many good real estateones.
BrendanKing(06:20):And I'm sure none of you haveseen any of the real estate ones. We've seen all of them. And I'm sure if youwork in service or the bar tending world, or you're an attorney, there'sprobably a thousand attorney ones, a thousand Cirque du Soleil ones, a thousandeverything. So I think what this will be is definitely... What do you think? Doyou think the Oscars are dead?
JackPalermo(06:44):No people are going to watchnext year and see what happens.
BrendanKing(06:46):Jim Carey thinks the Oscars aredead.
JackPalermo(06:48):I think we'll see when RickyGervais hosts next year,
BrendanKing(06:51):You think, and there was somedefinite quotes from some legends, Rob Rynar, Jim Carey, all these people whohave been there, have been on stage have been accused of acting like crazies atdifferent points in time, but never have any of them just walked on stage andwalloped somebody, if that happened at your place of work, don't you thinkyou'd get kicked out?
JackPalermo(07:15):I would think so. Yeah.
BrendanKing(07:17):Or you'd get fired? I don'tknow.
JackPalermo(07:20):Don't test me.
BrendanKing(07:24):But yeah, it made for a veryinteresting show. But what we do know is Coda won the Oscar.
Jack Palermo(07:32):Yes. Coda won the Oscar and youand Caroline were the ones that picked it, I believe.
Brendan King(07:37):You know what? And I realizedthat I'd seen the movie. So I had actually seen it a while back. So I was outin Colorado for Thanksgiving at my brother-in-law's house. And we had playedthis one night and I was like, "oh, what a beautiful movie it was."It was actually really great. And when I picked it, I didn't realize that wasthe movie I had seen. And for some reason I just, it came together the nightof, and I was like, oh my God, I've seen this. This is a great, great movie. Ihadn't seen any of the others. So I had no opinion.
Jack Palermo(08:04):Do you know what Coda standsfor?
BrendanKing(08:05):I do, child of deaf adults. Yes.
JackPalermo(08:09):Yeah. I thought I was going togive you some information, but you-
BrendanKing(08:11):Yeah, I do. I learned that. Ithink from the movie actually, but beautiful, beautiful movie. If you haven'tseen it, it's really great.
JackPalermo(08:20):Makes you cry.
BrendanKing(08:21):I do feel like sometimes thoughOscar winners are not the most entertaining movies.
BrendanKing(08:27):In this case, I think this one'sgot a little bit of all the emotions. It's a great movie for sure. And me andCaroline won by the way.
JackPalermo(08:36):You did, you did.
BrendanKing(08:37):Caroline's never seen it.
Speaker 4 (08:37):Did you see it, Caroline?
BrendanKing(08:41):No, she just picked it. We hadto pick David threatened us.
Speaker 4 (08:45):Like always.
BrendanKing(08:46):So yeah, overall it definitelywas a great Grammy's otherwise I feel bad.
BrendanKing(08:52):Thank you. I just saw our nextthing that we're talking about.
BrendanKing(08:56):Great Oscars. I felt bad forQuest Love too. I forgot to mention that.
JackPalermo(08:59):Yeah, because he won the awardright afterwards.
BrendanKing(09:01):He's such a great guy. Sotalented. And I heard the summer of what's the name of his movie of Summer ofSoul.
JackPalermo(09:09):Summer of soul.
BrendanKing(09:10):Yeah. I heard my brother said itis great.
JackPalermo(09:12):That's what I heard too. And doyou know that there was other people on it too that were kind of famous in thebackground and producers that are going to get awards too. I forget who theywere, no, I think that was on the other one. Nevermind. As I'm moving in. Yeah.
BrendanKing(09:23):But Summer of Soul, I heard it'sdefinitely worth a look. Quest Love was so shaken up, excited. I think equallyshaken up.
JackPalermo(09:31):I don't think he knew what todo...
BrendanKing(09:33):He's just like, I need to getoff stage right now. He's like, "I'm so happy. I wish my parents werehere." It was a pretty beautiful moment in the lightness of a dark few minutesof time-
BrendanKing(09:44):The Oscars not the Grammys.
JackPalermo(09:47):So speaking of the Grammys, theGrammys are here this weekend at the MGM Grand Garden arena hosted by TrevorNoah. But in other music news, sad news, Fu fighters, drummer Taylor Hawkinspassed away at 50 years old. So they have halted all their live dates as theGrammy's approach. But there is rumors in Twitter verse that says the band willplay tribute to Hawkins. And co-founder Dave Grohl will be playing the drumintro.
BrendanKing(10:23):And Dave Grohl, who wasoriginally the drummer for Nirvana. So he's a legendary drummer. So even he waslike, God, this guy was just an amazing drummer, amazing person. He said-
JackPalermo(10:33):Dave Grohl said he was the bestdrummer in the world.
BrendanKing(10:35):He said, besides me, no. Andit's a pretty beautiful story. When you hear about how close this band was andhow amazing he was. And they had some footage of his last performance a fewmonths back, which did you see this?
JackPalermo(10:49):No, it was like a couple weeksago was in the Lollapalooza in South America.
BrendanKing(10:52):Oh, is that where it was?
BrendanKing(10:54):I saw this footage. It's prettyawesome. And he got to sing his favorite queen song.
JackPalermo(10:58):Yeah, he does every show, whichis pretty awesome.
BrendanKing(11:01):Yeah. So it's just crazy. 50years old, just way too young. Definitely sad. And then in more music news, BTSmember test positive for COVID 19 upon arrival in Vegas. So like we said, theGrammy's are taking place. Fu fighters were supposed to perform unfortunatelydue to the death. They're not. And now another member of BTS coming into town-
BrendanKing(11:28):For John. How do you say it?
BrendanKing(11:32):Also tested positive, but I believeanother band mate, Jay Hope also tested positive.
JackPalermo(11:37):Wow. But I did know that Deniseon our team is going to be filling in for Jungkook.
BrendanKing(11:43):So on the left there, Denise hasbeen, she's been practicing.
BrendanKing(11:48):We did clear the office theother day for her to work on some of the dance moves. She looks good.
JackPalermo(11:52):She looks amazing.
BrendanKing(11:53):She looks real good.
JackPalermo(11:55):So don't be afraid BTS fans.Denise is going to take care of this.
BrendanKing(11:58):Yeah. Jay hope will be replacedby Denise Hope. Yes.
JackPalermo(12:04):Here we go.
BrendanKing(12:07):But definitely look forward to seeingDenise at the Grammy's. And you know what, Grammy's are another thing, well,they've been in Vegas quite a bit of times.
JackPalermo(12:19):The entertainment capital of theworld.
BrendanKing(12:20):Growing up in New York, it wasvery hard for me to hear that about Vegas, but we're getting there.
JackPalermo(12:24):We're getting there.
BrendanKing(12:24):We had no sports before, we havesports. We got everything. Every major event now here. All we need is theOscars with San's slap and I think we'll finish the circle out. So PriscillaPresley is to headline Las Vegas for the first time
JackPalermo(12:43):She's going to appear at thesouth point showroom. I guess telling stories about some secret stories abouther life with the king, Elvis.
Speaker 4 (12:53):That's going to be fun.
JackPalermo(12:53):Not Brendan King, but theking.
BrendanKing(12:55):Yeah, no I didn't date her. Andthat should be interesting for sure. There's so many huge Elvis fans that cometo Vegas all the time. I think it'll be for some people, a nice little inletinto their world insight and into what's going on back when they were stilltogether, but supposedly Elvis is still alive.
JackPalermo(13:19):He's hanging out with Tupac.
BrendanKing(13:23):But yeah, Priscilla Presleyshe'll be at the south point showroom from April 8th through 10th. Sodefinitely if you are an Elvis fan or even a Priscilla fan, definitely go checkthat one out. Country superstar announces Las Vegas residency. Who is this?
JackPalermo(13:39):Miranda Lambert. The VelvetRodeo Las Vegas residency will open September 23rd at Zappos theater at planetHollywood. She'll perform 24 shows through April of 2023. Tickets go on sale tothe general public, April 7th at 10 AM.
BrendanKing(13:55):I always felt like if you everhad a show, it would be the Velvet Rodeo.
JackPalermo(14:01):That's a great name.
BrendanKing(14:02):Just a side note, just a sidenote. Velvet Rodeo is such a good name, but yeah. Miranda Lambert tickets go onsale April 7th, as Jack said. What's going on-
JackPalermo(14:14):The final four is here.Obviously everybody knows I am a huge college basketball fan. March madness iscrazy. So final four is set. We have Villanova versus Kansas and duke versusUNC. So coach K, he's retiring after this year, he's gotten Duke to the finalfour, maybe wins a championship and goes out on top. That would be a great,that would be great story. And the coolest story... So North Carolina is theirbiggest rival.
BrendanKing(14:40):They looked good against StPeter's. It was St Peter's, but they looked good.
JackPalermo(14:43):Yeah. So they've never met inthe NCAA tournament. They're the biggest rivals ever. And so what better gamein the final four than Coach K going to hook up against his biggest rival toget a chance to play in the championship. Which is awesome.
JackPalermo(15:00):Yeah. Duke ,North Carolina,Kansas and Villanova are your final four teams. Starts on Saturday and thendon't forget about the women.
BrendanKing(15:08):Oh, that was women. Sorry,sorry, sorry. Yeah.
JackPalermo(15:10):Don't forget about the women,South Carolina, Louisville, Yukon and Stanford are playing in the women's finalfour.
BrendanKing(15:15):Yukon women's team isridiculous.
JackPalermo(15:17):Yukon women's team is insane.It's like, I think they've been there 20 times in a row. Maybe something,something crazy.
JackPalermo(15:25):It's something wild.
BrendanKing(15:26):Yeah. Yeah. So final four,honestly, the entire NCAA madness has filled Las Vegas.
JackPalermo(15:33):Oh my God, it was insane.
BrendanKing(15:36):Sports betting especiallybecoming so popular over the past few years, I was told that like every singlecasino was full, every venue. Just full of people betting on the games. I didwatch the EU NC St. Peter game just because I wanted to support the-
JackPalermo(15:54):We were all rooting for St.Peter's. Let's be honest.
BrendanKing(15:56):A couple thousand person school-
BrendanKing(15:59):Yeah. 3000 people. UNC did lookreally good, but it would be cool for Duke to win. That'd be cool. I'm notgoing to lie. Definitely. You know what? Shoot us a message. Let us know whatyour favorite team is out the four that you'd like to win. Who's in yourbracket.
JackPalermo(16:14):My bracket's dead.
BrendanKing(16:14):Is it? It's all dead.
It'sdead. I had Arizona playing Purdue in the championship game
BrendanKing(16:22):How's that looking?
JackPalermo(16:23):Not good as they're both sittingat home, watching the game with me.
BrendanKing(16:28):So NFL owners approve rule tochange the overtime only in the playoffs.
JackPalermo(16:34):So that's amazing.
BrendanKing(16:35):This does not change regularseason, which I think makes sense. Because then it doesn't have games run onand on... But in the playoffs, come on.
JackPalermo(16:44):So we got to have both teams getthe ball and that's what we have to. Both teams... I'm sorry, did I... Bothteam great. Are allowed to possess the ball in overtime now, which is
BrendanKing(16:58):Yeah, it makes sense. Like it'sthe playoffs. Everyone's got touch the ball.
JackPalermo(17:02):It could change things too,because now you can defer. And if that team doesn't score a touchdown, if youstop them and then you get the ball back, you kick a field goal, you win.
Speaker 4 (17:12):Most people will do, most teamswill just defer and see what happens.
JackPalermo(17:15):Yeah, absolutely. Yeah, see whathappens. So you don't have to score a touchdown. If you defer, you don't haveto score a touchdown. You kick a field goal, you win. It's crazy. So it's goingto be fun.
Speaker 4 (17:24):I'm ready for it.
JackPalermo(17:25):I'm ready for it. Let's do it.
BrendanKing(17:29):I have to admit, I hadn'twatched a full season football in quite a number of years. Last year I watcheda majority of the season. It was ridiculous.
BrendanKing(17:37):If this year is anything likelast year's season, I'm looking forward to it.
JackPalermo(17:41):With all the trades and stuffthat has been going on this off season, it's going to be insane.
Speaker 4 (17:45):Especially the AFC.
BrendanKing(17:45):The Bears definitely look worse.
JackPalermo(17:50):To be honest with you. You're totallyright.
BrendanKing(17:52):You know what I learned in oneseason?
JackPalermo(17:55):The Bears are worse.
BrendanKing(17:56):The Bears are not good.
JackPalermo(17:57):But it's okay because we'regoing to the super bowl, you watch. I say it every year.
BrendanKing(18:03):So we'll rewind this in abouteight, nine months and we'll see what the deal is.
JackPalermo(18:09):We'll see what the record is.
BrendanKing(18:11):So I think Jack should probablytalk about this one.
JackPalermo(18:14):So the Junior League of LasVegas gala returned to the strip for the first time in a couple of years,obviously due to the pandemic. It was a really cool event, [inaudible 00:18:26]local nonprofits at Junior League of Las Vegas, has been on only able to holdtheir traditional dinner for about two years. It was great. We had a wonderfultime. They had a lifetime community achievement award for Judy Beal. Who's doneso much in the community. Nice, very nice lady. Yolanda King was the recipientof the Florence Lee Jones Humanitarian Award and sunrise hospital and medicalcenter. Children's hospital for outstanding contributions to the Las Vegascommunity. It was an awesome event. It was a roaring twenties theme. I got towear a funky suit. There's my wife in the middle. Everybody kind of...Hey, lookat that guy. Look at that.
BrendanKing(19:04):Paint the town red.
JackPalermo(19:05):Paint the town red. So it was anawesome event at Resorts World with beautiful hotel. Ballroom was beautiful.Everything worked out. It was great.
BrendanKing(19:11):Let Fred tell you're going to bethere on Tuesday.
BrendanKing(19:14):I'll tell you later.
JackPalermo(19:15):Okay. Sounds good. Tuesdaynight.
BrendanKing(19:17):Yeah. Look at Jack. Go back tothat. Let me see Jack's suit.
Speaker 4 (19:20):You want to see it again. Herewe go.
JackPalermo(19:23):Hey, check that out.
BrendanKing(19:24):Looking smooth. Smooth, smooth,smooth.
JackPalermo(19:26):Thank You. I look better becauseof my wife next to me. That's what is happening.
BrendanKing(19:30):I wasn't going to mention thatpart, but you are correct.
JackPalermo(19:32):Yes, I am absolutely correct.
BrendanKing(19:34):So looking good. It looks like agreat event for sure.
JackPalermo(19:36):It was awesome.
BrendanKing(19:37):As everyone knows, we hadShakisha here representing the Junior League the other day, another just suchan awesome, awesome, awesome organization.
JackPalermo(19:45):And I did win in the silentauction. I won tickets to the Doobie brothers.
BrendanKing(19:49):Oh, that's amazing.
JackPalermo(19:51):With Michael McDonald.
BrendanKing(19:51):That's actually pretty fun. Sothe weather is getting amazing out. It's like 79 degrees today and not windy. Ipersonally like the wind, but I know most people hate it. The best rooftoppatios in Las Vegas. Of course our go-to eater Las Vegas has a list of the 13top patios in no particular order, except for the actual order. Number one, theLegacy Club.
JackPalermo(20:20):Super cool. I've been there.It's awesome.
BrendanKing(20:22):And this one's at Circa-
BrendanKing(20:23):Which is downtown Las Vegas.
JackPalermo(20:25):Beautiful strip views. It'samazing, super cool.
BrendanKing(20:27):And so the lounge offers asunset package for $75 per person. That includes an outdoor fire pit seatingfor two to 12, two specialty cocktails, a champagne toast at sunset and viewsof the skyline. All sunset packages begin 30 minutes before sunset and can bebooked online.
JackPalermo(20:48):I did not know that.
BrendanKing(20:48):Yeah. I just read it.
JackPalermo(20:50):Well, thank you. Commonwealth,downtown on Fremont Street. Commonwealth's rooftop patio is worthy of a visitbased on its location alone. It's on the cool arts district side of Fremont,the trendy bar, which is poised at the epicenter of the Fremont east districtoffer sweeping views of Fremont Street experience and the glowing pink.
Brendanand Jack (21:10):And the glowing pink El Cortezsign.
BrendanKing(21:13):Is right there. Do you rememberwhen we had that high rise listing that had the El Cortez sign?
BrendanKing(21:19):The Prims. That was such a great[crosstalk 00:21:21]. Yeah. So El Cortez, legendary hotel. It's been thereforever and still own the same family. For, quite a while. Carson Kitchen.Carson Kitchen's got a cool little courtyard next to it. If you have not eatenthere, I believe the original chef was Paul Simon...
BrendanKing(21:42):Not Paul Simon.
BrendanKing(21:44):No, my God. I'm blanking on thename at the moment, but they have actually really, really, really good food.They've been around for, I want to say seven years now, but definitely worth alook. And of course you can enjoy the outside patio as well. Number four is...
JackPalermo(22:01):Oak and Ivy 707. Fremont Streetin Container Park. Harold is one of the top whiskey bars in the country. Icannot believe that I've never been here.
BrendanKing(22:10):You've never been?
BrendanKing(22:12):It's awesome. It's so small.
JackPalermo(22:14):Maybe if I win this monthprocess, which I'm probably going to do.
BrendanKing(22:18):It reminds me of the Japanesebars in like Shinjuku or Shabu in Japan where it's like 10 seats.
BrendanKing(22:27):But then they take over theupstairs patio. So you can sit up there as well. But it actually says, "inthe world". They literally find some like rare whiskeys and things that-
JackPalermo(22:38):Oh, we got to go check this out.
BrendanKing(22:38):Yeah. It's very cool. Downtownat the Container Park, which Caroline reminded us is the ultimate watch yourkids yet hang out with your friends location in the city.
JackPalermo(22:49):Lets kids run around.
BrendanKing(22:51):It's all contained. They havesecurity at all the exits and you can go hang out with friends. Somebody canget a taco, somebody can get a burger, somebody can get a whiskey and you canall just hang out in the same area. And then there's a huge, kids' play area inthe middle. So it's like a perfect little contained section.
Speaker 4 (23:07):There's a tree house, right?
BrendanKing(23:08):Yeah. Like a Treehouse. Yeah.It's pretty awesome. And there's these touch games that you can play in there,for adults even are really fun. Avery and I, my oldest, used to get there andchallenge each other and try to speed. It's pretty fun.
BrendanKing(23:22):Number five is Downtown Terrace,which just so happens to also be at the Downtown Container Park. So another oneworth checking out. I heard they have really good monkey bread, crab Benedictand avocado toast. And they have Bellinis, Bloody Marys, and bottomlessMimosas. There's another additional 13, 12, 11, 10, 9, 8 outdoor patios on thelink. Just click the link. And of course check out the rest of them with ourfriends over at Eater Las Vegas.
BrendanKing(23:58):On the real estate side, we hada new listing come on this week, already got a cash offer. It's probably goingto be gone by tomorrow, but not yet. If you're still interested, please let usknow. 8932 Tomnitz Ave. It's one of our investors. He is selling the propertydown in the area near Mountain's Edge, definitely worth a look there in ArlingtonRanch. Beautiful homes, ton of amenities actually in the area, pool,playgrounds, parks, paths, and it's gated with some high advanced gate thatthey won't give codes out. But they will scan your license plate. Check out8932 Tomnitz Ave. on our website. This is really-
JackPalermo(24:48):This is cool.
JackPalermo(24:49):The reserve at Red Rock Canyon.This is uber-luxury housing market by Red Rock Canyon. It is going to be 16home enclave at Red Rock National Conservation Area. That will feature some ofthe most expensive homes in the valley in excess of $20 million.
BrendanKing(25:10):And if you've never been toSpring Mountain Ranch or Bunny Springs, this area is like a Mecca.
JackPalermo(25:17):It's untouched. It's beautiful.
BrendanKing (25:19):It's beautiful. You're right upagainst the striations in the mountains, the red rocks. And it's just sobeautiful.
BrendanKing(25:27):We usually go out there to seeall the shows over at Spring Mountain-
JackPalermo(25:31):Super Summer Theater.
BrendanKing(25:32):Yep. And there's a little housethere that I'm always like, oh my God, it would be amazing to live here. Nowpeople will be living right down the street in these incredible homes. It'skind of like a desert contemporary meets mountain house and just unbelievable.We've had such a huge boom lately in uber-luxury properties. It's reallychanged our city-
JackPalermo(25:59):It really has.
BrendanKing(25:59):Insanely in the luxury market.But if you're looking for somewhere in the excess of 20 million and you wantthe most beautiful area of a Las Vegas-
JackPalermo(26:08):Give me a call.
BrendanKing(26:08):This is the spot. This isdefinitely the spot, in my opinion. The reserve at Red Rock Canyon is whereit's at. The 11 lots range from two to three acres, which is unheard of-
BrendanKing(26:21):In Las Vegas. Prices starting at6.6 million and increasing to 9.3 just for the lot alone. Oh, Christie Ralph isthe one selling them. The site is the former Bonnie Springs Ranch, which we'reall aware of. The architect and builder will be Blue Heron actually.
JackPalermo(26:41):It's some amazing homes.
BrendanKing(26:43):Blue Heron is actually a local.He had studied out, I believe in California and came back to Vegas and startedmaking contemporary homes about 10, 12 years ago and has done an amazing jobwith all the construction they've done here. Definitely going to be an amazingplace, but also...
JackPalermo(27:02):Tell me more.
BrendanKing(27:03):There's going to be a restaurantand venue there, a barn there.
JackPalermo(27:06):There is, yeah.
BrendanKing(27:09):You don't have to have 20million dollars to enjoy the area and enjoy the views. There will actually be avenue that any of us can rent and there's also going to be a really nicerestaurant in the area as well.
JackPalermo(27:19):Awesome. Looking forward to it.
BrendanKing(27:21):Confusing house for sale in LasVegas shocks folks. Is this what anxiety looks like? So let explain, let meexplain. Flip back for a second dude. So I got a text from one of my clients,Kevin Milliken. Thank you, Kevin. And Kevin goes, "Hey, you should putthis on your no name show." Which was funny in itself. And in the text hehad this link to, I guess, a website called Zillow, strange homes or something.And this house was in the link. And thank you, Kevin. I have to text you backand thank you as well.
JackPalermo(27:57):Thank you Kevin.
BrendanKing(27:58):So this is not going to be mynext house. This is what they called in the article an anxiety... And look atall the tube TVs. One, two, three, four, five, six, seven, eight, nine TVs-
BrendanKing(28:13):Which I didn't notice till justnow.
JackPalermo(28:17):Wow. Check out that ceiling.Wow.
BrendanKing(28:20):Material heaven. It's like allleftover granite. Just being used... Wait, is there more TVs? Go back, there'smore.
JackPalermo(28:25):I think it's the same room.That's no. Yeah, no. It's a different room. There's one of those big, old box,like Mitsubishi or something.
BrendanKing(28:32):Wait, wait. If that's a fullsize pool table, that's a pretty like large room. You have tile, wood floorsgoing one direction, a second direction. And then a third direction, tile.
JackPalermo(28:43):If you're OCD, this is not yourjam.
BrendanKing(28:46):The same tile on the bar[crosstalk 00:28:48] with a different tile on the fireplace. Moving on...
JackPalermo(28:53):Check out this master bedroom.Wow.
Speaker 4 (28:56):This is what I'm talking about.Wow.
BrendanKing(28:58):This is amazing.
JackPalermo(28:59):I mean, I don't even know whatto say. It's amazing. Oh the backyard though.
BrendanKing(29:02):So they do have a skate park-
BrendanKing(29:07):So for the-
Speaker 4 (29:09):What's it selling for?
BrendanKing(29:13):So you know what we should do,one of those like what you get for the money.
JackPalermo(29:18):Yes, we totally should.
BrendanKing(29:19):We should do like what you getfor 450,000 in LA and what you get for 450,000 in Vegas.
JackPalermo(29:24):Put this on it.
BrendanKing(29:27):Oh my God. Excuse me. So, yes.
Speaker 4 (29:30):So this was another one. Yeah.
BrendanKing(29:31):So this was another one on thatsame website in Akron, Ohio. The house is the equivalent of a super villain,Two-Face from Batman. The outside looks one way, but then the inside-
JackPalermo(29:43):The insides look great.
BrendanKing(29:44):Looks another way. So kind ofeighties throwback mountain house. Aside from the kitchen, the rest with thewindows and everything is pretty for sure. The views are pretty. Definitely an interestinghome for sure as well. Yeah. Thank you, Kevin. That was definitely enjoyable.
BrendanKing(30:03):And we will keep that link andsee what else this site has-
JackPalermo(30:07):See what else we can find.
BrendanKing(30:07):Has to offer .maybe every weekwe'll give you the anxiety inducing home option of the week.
JackPalermo(30:13):There we go.
BrendanKing(30:14):So in other news, which doesinduce anxiety for some people, 2020 housing market, will it continue to bubbleor will it
BrendanKing(30:25):What do you think, Mr. Jack?
JackPalermo(30:26):It's going to stabilize.
JackPalermo(30:30):Yeah, I think it's going tostabilize.
BrendanKing(30:31):Yeah, I don't disagree. So thisis a Forbes article and we have another article after this as well fromanother, Keeping Current Matters, which is a great economists. Oh my God.Economists. Yes. Who also mentions a lot of the data as well. Here's the deal.The difference between today and 2007 is people have equity, mortgages areoverall much more strict.
JackPalermo(31:00):You're vetted a lot more. Likethat back in 2007, if you had a pulse, you could get them more.
BrendanKing(31:04):Yeah. I was 23 years old. I dida no doc loan for a $450,000 house in New Jersey. I had a good job. I had greatpay, but the guy was like, ah, don't worry about it. Just do a no doc loan. SoI had a 80 10, 10 loan. Remember those? So we all got tricked in these 80 1010s, where you had an 80% loan, 10% down, 10% second loan. The second loan hadan adjustable rate mortgage. So the adjustable rate was not locked in,obviously, because it was adjustable. For a lot of us jumped from like five to9% in a matter of two or three years. So all of this type of stuff doesn'texist currently in this market. And so the one thing is equity. Everyone'slike, oh there's going to be a rush of foreclosures. There is more equity-
BrendanKing(31:59):In homes currently, if youdidn't pay your mortgage to last two years, well you'd to get foreclosed on,but it wouldn't make sense to foreclose without selling because you have somuch equity in your home.
JackPalermo(32:11):So much equity.
BrendanKing(32:11):So if you went up 22% and youhad a $300,000 house, you're still up 60 grand, you'd get all that money backbefore you'd get in trouble for not paying. So it just doesn't really makesense why we would burst and plus we're at what, this week, 2.7 weeks-
BrendanKing(32:29):Yeah. 2.7 weeks of inventorywith a neutral market being six months. There's too many things that point toat least the market stabilizing, not collapsing for the fact that we havestrong buyers, high demand, low inventory. Okay. What's one thing that isnegative. That's happening though.
BrendanKing(32:48):Mortgage rates are going up.Definitely. Mortgage rates went up from 3.22 to 4.42 on average, since January.Thank you for jumping to that David. So 3.22 to 4.42, that makes a prettysignificant chunk out of your-
BrendanKing(33:08):Monthly payment for sure. Butstill it may kick some buyers out of the market, unfortunately. That will bethe case. But I think what will also happen is at the most, we may start to seean increase in inventory, but I don't see that happening anytime soon.
JackPalermo(33:23):Not anytime soon.
BrendanKing(33:25):So stay tuned. We've got botharticles for you to check out and read. So you can hear from people who areeconomists, oh my God.
JackPalermo(33:36):Say that 10 times.
BrendanKing(33:37):Economist, economist, economist,economists, economist, economist. Locked it in. So definitely check out botharticles, both very good, but both also explain just what's going on right now.And then with inflation figures continuing to surprise to the upside. Mortgagerates will remain above four. For that reason it's kind of part of inflation.Everything costs more. And that includes mortgages. So definitely check out thearticles and it'll give you some great information. And in general, if you wantto hear the Monday market update, every single Monday, you can always check itout on our website. Every week we go through this, all the data, there it is2.7 weeks of supply with active listings at 1852, which is right near the oldtime, low since COVID, which is around 17 something. So again, another reasonwhy we just don't see it happening anytime soon.
JackPalermo(34:33):Anytime soon, yeah.
BrendanKing(34:36):And definitely of course you cantext market to 702-553-1955 text market to 702-553-1955 if you'd like toreceive this information every week by text. You know what, the next one'smaking me hungry.
JackPalermo(34:51):It's David's favorite thing ofthe week. It's the BKG breakfast spot of the week. This week we have theCracked Egg. Family own restaurant in Las Vegas. They started at one location.Now they have five all over the valley. Great service home cooked meals.They're amazing. The skillets are to die for.
BrendanKing(35:13):Yeah, the skillets are myfavorite.
JackPalermo(35:14):Absolutely skillets are amazing.So there's the five locations there. Also there's going to be a link where youcan obviously click the link to get all the locations and menu.
BrendanKing(35:23):Yep. Very good, consistent.Every single one of their locations has the same menu. So you know what you'regetting for sure.
BrendanKing(35:31):And of course every singleFriday, all this plus more, you can get our newsletter every Friday. Just go toour website, bottom right corner. You can sign up. We send this every Fridaywith all things to do entertainment, food, and of course real estate.
JackPalermo(35:49):And we won't blow you up witheverything else. Just sign up for the newsletter.
BrendanKing(35:51):Just the newsletter, that's it.And of course, if you're looking to join a team or get to real estate, go tojointhebkg.com or text join to 702-553-1955, text join 702-553-1955.
JackPalermo(36:08):Don't forget. Text VIP to702-553-1955 to get on our VIP list. Get all things that are good.
BrendanKing(36:16):Yeah. Next we are actually on alittle field trip.
BrendanKing(36:19):We're heading out to see one ofour fellow agents from Real who's in our network with Real, the Real Momentum,Spring Benson. We're going to check out her new office and we will be doing theshow from.
Brendanand Jack (36:34):Salt Lake City.
BrendanKing(36:36):Yeah. So we'll be up, it's actuallyin Farmington, Utah. Were going to check out their... They just moved. They hadan amazing temporary office that looked like a tech central amazing spot. Thelandlord gave it to them temporarily while they built their own building. Sothey just moved in, her and then her husband who owns Sisu. Which if you're inreal state is the best product on the planet for tracking. We will be at SpringBenson's office next week. So we'll see you from Utah.
JackPalermo(37:07):We'll see you from Utah.
BrendanKing(37:07):All right. See you guys nextweek.