Las Vegas Real Estate Blog

Veer Tower Las Vegas Strip

WOW! It’s been a few weeks since i have reported on the Las Vegas High Rise Condo market and it’s activities but now we are back in action. Alot has happened since i reported last, such as MGM’s City Center has pretty much secured all financing for the multi billion dollar strip development which will provide Residential (Veer Towers-The Hormon-The Residence At The Mandarin Oriental)renderings as well as condo hotel opportunities (Vdara,).

I don’t find this to be to big of news considering the last report i did on this topic stated that MGM should have all of if not the majority of it’s financing completed and secured by mid September. Another topic that has people talking across the board is the first joint venture the Sands Corp. has entered with the St.Regis brand and it will be called St. Regis. Residences at The Venetian Palazzo. These condo units will be very expensive but will be a standard setting residential High Rise on the Las Vegas Strip. Rumors that have been floating around say that pre construction buyers of Condos at the St. Regis Residences at The Venetian Palazzo will have the opportunity to purchase their condos fully furnished or un furnished. The Cosmopolitan Condo Hotel Venture directly next door to MGM’s Multi Billion Dollar Development City Center has had the foreclosure process finalized by Deutsche Bank. As reported on previously by myself and others this was just waiting to be completed so that the development can pick up the pace towards completion with out hurting buyers of condos in this development.

Las Vegas Project City Center

Pricing on available inventory of Las Vegas High Rise Condos has come down some on the re-sale side but the developments that are not yet completed continue to sell residences for prices way above what the current re-sale inventory is offering. This means that you can expect the prices we are seeing now on re-sale High Rise Condos to disappear rapidly in the next few months as we near completion on several big named developments like MGM’s City Center & The Cosmopolitan. Now is defiantly one of the biggest opportunities Las Vegas High Rise Condos have ever presented for several reasons, one of which is that most of the speculators of the LV High Rise Condo market are exiting either on their own or are being forced to do so through foreclosure. This makes for a perfect buying situation on the re-sale side because sellers are motivated and banks are even more motivated due to our country’s current financial markets meltdowns.

Palazzo High Rise Condos

For more detailed information about the Las Vegas High Rise Condo market and all of it’s current opportunities please contact me by via -email HERE or call me direct at 702-542-1993. Please continue to read & subscribe to my blogs to receive knowledgeable information concerning the Las Vegas High Rise Condo & Housing markets.

Many of you may not be aware of whats taking place Downtown Las Vegas. There are many projects planned and underway that will add to our ever changing Sky line. Down Town Las Vegas is going through a huge revitalization process which will add more High/Mid rise condos,Fine dinning,shopping, Medical District, Jewelry Center and more. Over the last 5 years land prices have quadrupled down town and with New High End Loft Style residential offerings you can expect to see prices go much Higher in the coming years. Check out todays podcast at www.LetsTalkLasVegasHighRiseCondos.com to listen to todays show. I discussed more in detail about Down Town Las Vegas and some of the opportunities that are currently available. CLICK HERE to view some of the best deals available at Newport Lofts these condos are priced way below builder pricing and what they were originally purchased for. If you would like Information on other condos available Down Town or any where else in the Valley visit www.MakeaTurnercbw.com

httpv://www.youtube.com/watch?v=NF3nbihb8gI

Thank you once again Makea Turner for your daily podcast updates about Las Vegas Luxury High Rise Condo’s. Please contact Makea with any questions or inquiries into your Las Vegas Luxury High Rise needs. Check her out as an author above!

Down Town Vegas is moving on up with High Rise Condos built & planed, planed & under construction advanced medical research facility’s & a potential profesional sports arena. Get the inside news about whats happening in Down Town Las Vegas here at www.LetsTalkLasVegasHighRiseCondos.com

Thank you once again Makea Turner for your daily podcast updates about Las Vegas Luxury High Rise Condo’s.  Please contact Makea with any questions or inquiries into your Las Vegas Luxury High Rise needs. Check her out as an author above!

Learn about what the foreclosure crisis has done to the Las Vegas High Rise Condo market and what is expected to happen in the next few months. Get the inside scoop about all the bank owned High Rise Condos in Las Vegas. Have access to the only developer 3 bedroom High Rise Condo at Sky Las Vegas on the Strip.