Advertising/PR exec spends $385K on Vegas 4BD

Paul M. Rippens bought a four-bedroom, 3.5 bath at 12112 Espana Court in Las Vegas from Cartus Financial Corporation for $385,000 on June 30.

The 2,424 square foot house, built in 2005, is in the Granada at Summerlin.

Rippens works as planner/director at B&P, an advertising and PR firm in Las Vegas that he joined in 2005. He is also president and consultant at Wizbang Strategies.

He was an associate creative director at SK+G Advertising, where he first worked as art director back in 2000. He started his career in advertising working for small agencies, first as an account coordinator and then as a traffic manager before he became a junior art director.

He graduated in 1991 from California State University, Fullerton with a degree in communications.

Home sales in Las Vegas increased four percent in 2008 versus sales in 2007. The median sales price dropped from $275,000 to $230,000.

Address: 12112 Espana Court
Buyer(s): Paul M Rippens
Seller(s): Cartus Financial Corporation
Sale date: Jun. 30, 2008