Las Vegas real estate market, February, 2013 will show rising prices in all sectors, especially luxury condos and high rise condos since rocketing home prices are spreading to other sectors. Records will show that homes currently selling in Las Vegas and have accepted offers in February, 2013 are selling for at least 10% higher than [...]
Entries Tagged as 'Las Vegas high-rise condos'
Las Vegas home prices are rocketing up again, February, 2013
March 4th, 2013 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas high-rise condos, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
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Las Vegas real estate market, Las Vegas high rise condos
January 25th, 2011 · No Comments · Las Vegas high-rise condos
There are currently only 29 foreclosure (bank owned) high rise condo listing in Las Vegas MLS, this is less than 10% of total listings Only 2-3 years ago distressed high rise condos dominated the listings in Las Vegas MLS which resulted in 60%-80% price drops. Today the total number of bank owned high rise condos [...]
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Residences at Mandarin Oriental Hotel has sold 25% of condos
October 18th, 2010 · No Comments · City Center Las Vegas, Las Vegas high-rise condos
Residence at Mandarin Oriental Hotel at MGM CityCenter Las Vegas have sold 60 out of 227 luxury condos, August 2010 MGM CityCenter Mandarin Oriental Hotel condos sales have not sold as quickly as City Center condo sales at Residences at Veer Towers because Mandarin condos are far more expensive than Residences at Veer Towers and [...]
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Las Vegas City Center, Veer Towers has sold 50% of condos
October 16th, 2010 · No Comments · City Center Las Vegas, Las Vegas high-rise condos
Veer Towers at CityCenter Las Vegas have sold 50% of their luxury condos August 2010 City Center condo sales at Residences at Veer Towers are accelerating and about 50% of the condos at Veer Towers have been sold. The anticipated further price cuts at City Center (CityCenter) Las Vegas are not materializing as the number [...]
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Winning offers on Las Vegas homes, condos, high rise condos
October 15th, 2010 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas high-rise condos, Las Vegas homes
This is the fifth blog post in the Comprehensive Guide to Invest in Las Vegas real estate series by Masoud Masoud’s Law: A: A Las Vegas home, condo, high rise condo or commercial property seller is NOT stupid, even if it is a bank selling foreclosures. B: Most Las Vegas real estate deals are ZERO [...]
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Fannie Mae offers buyers 3.5% incentive for REO properties
October 12th, 2010 · No Comments · Las Vegas condos, Las Vegas high-rise condos, Las Vegas homes
Fannie Mea offers 3.5% of purchase price of its bank owned (foreclosed) homes, condos, high rise condos to buyers Fannie Mae is offering 3.5% of the purchase price as incentive for foreclosed (REO) properties that it sells through a special program called HomePath. Las Vegas foreclosure home, condos and high rise condominiums buyers will get [...]
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Cosmopolitan Las Vegas law suit update
September 20th, 2010 · No Comments · City Center Las Vegas, Las Vegas high-rise condos
Cosmopolitan is a 50 story luxury high rise resort hotel (used to be condo hotel) that is located between Bellagio Casino and City Center Las Vegas. Cosmopolitan is scheduled to have 2995 studios and one bedroom condos that are 600-900 square feet and have 100-150 square foot open balconies. Larger rooms are made by combining [...]
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Residence at Mandarin Oriental Hotel at MGM City Center Sales History
September 9th, 2010 · No Comments · City Center Las Vegas, Las Vegas high-rise condos
History of CityCenter, Mandarin Oriental condo sales by month and average price per square foot paid for different floor plans MGM City Center has sold 55 out of 227 luxury condominiums at Residences at Mandarin Oriental Hotel which is close to 25% of the total inventory. I have done a blog post about History of [...]
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Las Vegas MGM CityCenter Views from Panorama Towers condos
September 1st, 2010 · No Comments · City Center Las Vegas, Las Vegas high-rise condos
When I was showing a few foreclosed (bank owned) high rise condos at Panorama tower two, I took a few pictures of MGM CityCenter that is located right across from Panorama Towers on 15 Highway. Panorama has FREE limo service for its residents with a radius of three miles. Related web-site links: [...]
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Showing foreclosed condos at Panorama Towers should not be this hard
August 7th, 2010 · 1 Comment · Las Vegas high-rise condos
We tried to show eight condominiums at Panorama high rise condo towers in Las Vegas to an investor from Colorado who contacted us on Tuesday. Panorama Towers sit right across from the City Center Las Vegas on the east side of the I-15. We finalized which condos he wanted to see at Panorama and made [...]
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MGM Grand Depreciates City Center (CityCenter) Las Vegas to 2.69 Billion
August 3rd, 2010 · No Comments · City Center Las Vegas, Las Vegas high-rise condos
Remorseful condo buyers at City Center forfeited $56 million in deposit money MGM Grand has depreciated the value of CityCenter or City Center Las Vegas further to 2.69 Billion dollars. The last time MGM Grand depreciated the value of City Center was in October-2009 and the value was $4.88 Billion; the original price was $8.5 [...]
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25,000-35,000 Las Vegas shadow inventory homes, BULLSHIT, it is 6,500
July 30th, 2010 · 2 Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas high-rise condos, Las Vegas homes, Las Vegas Real Estate
The number of Las Vegas Shadow inventory homes or unsold bank owned home inventory in Las Vegas is NOT 25,000-35,000; it is 6,500 foreclosure homes that will have little effect on Las Vegas residential real estate market The 25,000-35,000 unsold foreclosure or Bank Owned homes in Las Vegas that banks are holding back from the [...]
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Why Las Vegas high rise condo builders list their condos in the Las Vegas MLS
July 27th, 2010 · No Comments · City Center Las Vegas, Las Vegas high-rise condos
Why do Las Vegas high rise condo builders list their condos in the Las Vegas MLS? Because they want to get offers on their unsold inventory of luxury condominiums. The majority of Las Vegas high rise condominium buyers who want to buy a new luxury condo, go straight to the builder’s sales staff and try [...]
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History of price cuts at Residences at Mandarin Oriental, City Center Las Vegas
July 26th, 2010 · No Comments · City Center Las Vegas, Las Vegas high-rise condos
History of price cuts at Residences at Mandarin Oriental Hotel at City Center, Las Vegas is bewildering and by that I mean significant price cuts were made in October-2009 that in some cases was reversed to a degree a month later. City Center or CityCenter, Mandarin Oriental condos price cuts Condo, Square Foot Bed-Bath Original [...]
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Cosmopolitan condo buyers file law suit against Cosmopolitan Las Vegas
July 15th, 2010 · No Comments · City Center Las Vegas, Las Vegas high-rise condos
Luxury condominiums buyers at Cosmopolitan who failed to buy the purchase contact and speculated on Cosmopolitan lost and are now suing Deutsche Bank announced that Cosmopolitan Luxury Condos will open and take reservation for its Dec. 15 opening, however about a third of the condominiums will not be ready until the summer of 2011. The [...]
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