A recent survey from Move.com shows that people have their sights set on their home – not just their diet – for 2010. Nearly 18% of Americans in the survey said that they hope to become first time homebuyers in 2010. With mortgage rates down, prices low and the new $8000 first time home buyers tax credit extended until April 20, 2010, this is certainly a good time to invest.

Certainly, Sightline Acquisition Corp and its CEO Kirk Sanford, and many other similar enterprises, see it as a great time to invest as well. Particularly in locations like Las Vegas, where people are still moving in and real estate is selling cheaply, this is a great time to make that investment.

Nearly 16% of those surveyed are considering buying an investment property this coming year. As Nancy Osborne, CEO of Erate.com, a Santa Clara based financial information publisher says, “If you anticipate inflationary conditions in the future, investment property could be a good bet to hedge against it.”

According to research analyst Dave Dworkin of the real estate firm Grubb and Ellis, the serious recession now hitting Las Vegas and vicinity will necessarily cause banks to adjust the pricing on their land holdings. This in turn will create investment opportunities with distressed properties, the kind of which Sightline Acquisition, founded by Kirk Sanford, will be able to avail themselves of.

The weak, flat real estate market, caused by the loss of jobs which is itself an outcome of the national recession can be of benefit to many who are still employed in Las Vegas. Due to a shortage of renters and a surplus of available apartments and office space, landlords are making offers that in many cases, are too good to refuse.

Tenants are now in positions to renegotiate their leases for lower rents and other benefits. In many cases landlords are offering two and three year leases to entice tenants to remain in their apartments or offices.
But most relevant to Kirk Sanford and the Sightline Acquisition Corporation is that as reality sets in and banks realize that the value of real estate was overinflated in 2005 and 2006, today’s more realistic and lower pricing will create a situation of distressed properties which can be seen as great investment opportunities for those in a position to take advantage of the situation.

Sightline Acquisition, the blank check corporation founded by Kirk Sanford to invest in the slowing real estate market in Las Vegas, is designed to benefit from the softer, flatter real estate market trends seen today in Las Vegas.

As job opportunities remain scarce, landlords must vie with each other for the fewer potential tenants available, driving rental prices downward. Growing amounts of empty office space is a reflection of the loss of over 8,300 jobs throughout the Las Vegas valley area.

For someone with a job the landlords’ predicament can be highly beneficial. With landlords offering enticing incentives, such as several months’ rent free; generous tenant improvement allowances; help with moving costs, and other perks, renters with jobs are enjoying a real chance to save money.

Kirk Sanford’s Sightline Acquisition Corporation will also be one of the beneficialries of such an economy.

The real estate market in the Las Vegas area has shown a great deal of fluctuation in the recent past. Sightline Acquisition Corporation, founded by Kirk Sanford is a blank check corporation designed to take advantage of a real estate market on the downbeat.

According to a recently published report, the real estate market in Las Vegas is expected to remain soft into the coming new year of 2010. Job losses continue as the recession hangs on in Las Vegas, with 13% unemployment in the gambling capital of the U.S., which is 40% higher than the figures for unemployment last year.

In the past Las Vegas has always been less susceptible to the effects of recessions. According to analysts, this is the first time the Las Vegas economy has lagged so far behind the general national economy in terms of recovery. Since there has not been the expected growth in jobs, it has been difficult for the rest of the economy in Las Vegas to recover.