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Monday, April 28, 2008

Las Vegas High Rise Condo at Sky Las Vegas Will Not Last Now That Market's Bottomed Out

Guess what folks? It looks like the Las Vegas Market finally hit rock bottom in the end of January, at least according to the April Economy in a Glance report and In Business Las Vegas. In fact, I just heard about how one real estate office in town wrote up seventeen offers during the weekend. Rumor also has it that Steve Wynn's $18M Crown Jewel estate home received a full price offer as did a The Falls in the Ridges estate at $17.5M.

Local economists are saying the cherry-picking is almost over. Yes there are thousands of foreclosures in Vegas, but word has it the banks are not giving anything more away because they realize the listings in the MLS are at an all time low compared to the past 12 months! Median home sales went UP higher than $10K - yes... HIGHER THAN $10,000!!! Gaming is up, rental rates are up and leasing is also up.

Quite frankly, I thought it would take a while longer to see these kinds of numbers, but it looks like the sun is shining again on Las Vegas real estate, the birds are singing and Vegas is going all in!

SO HERE IS A REAL STEAL DEAL... GET A SKY LAS VEGAS HIGH RISE CONDO ON THE 13TH FLOOR FOR $299,900.

If you missed out on the Panorama high rise condo unit we featured on this blog as an absolute steal, then you REALLY missed out now that Station Casinos have released their plans for the Viva Development which we highlighted a few days ago. That development is located just behind Panorama, which is obviously sitting pretty between CityCenter and Viva, smack in the middle of a five carat rock and a hot spot.

With this Sky Las Vegas real steal deal, you'll not only be a hop, skip, and a jump from the Fontainebleau, but you'll be in walking distance to Echelon Place Resort & Casino as well. 87 Acres of sheer shopping, dining, and entertainment bliss. On the site will be the Shangrii-La Hotel, Mondrian Hotel, Delano Hotel, a performing arts center, Echelon Hotel Suites Tower, 400,000 sf of shopping, 4,000 seat theater, three state-of-the-art spa facilities, renounded Chefs…

DOES THIS SOUND FAMILIAR? WHY AM I SHOUTING?!?! Because this is the same scenario I wrote about with several Panorama units we featured on this blog and our Las Vegas High Rise Condo resales website - and the Sky Las Vegas featured condo is in an even better position!

A 13th floor, Sky Las Vegas condo residence right on the strip for $299,900. Do you REALLY think you can do better than this? Of course not... so email us NOW if you'd like to snag this unit. (name and phone number please - very serious inquires only as this will definitely NOT LAST!)

1 comment:

Marvinq said...

I hope you're right and things have bottomed out in Vegas. One of the reasons I come to your blog is to have one shining ray of optimism.