Las Vegas High Rise Blog » 3 Reasons to Buy Las Vegas Luxury Condo Foreclosures

Internationally awarded and recognized, Luxury Realty Group is respected for setting a golden standard in elegance, service, exclusivity, and technology. Through its integrity to client representation and privacy, the boutique real estate firm has earned the trust of some of the world’s most prominent figures.

Luxury Realty Group is comprised of just a few hand-selected members, all invited into the firm because of their knowledge and experience with high-rise condominiums and fine homes. From cutting-edge websites to some of the most expensive sales in Las Vegas history, everyone walks the talk.

As consultants to several Wall Street Firms and the Associated Press, members of Luxury Realty Group make regular appearances in the media including CNBC, ABC News, CBS News, FOX News, Wall Street Journal, Forbes, Fortune, New York Times, and Los Angeles Times.

Home
Contact

3 Reasons to Buy Las Vegas Luxury Condo Foreclosures

Posted by Bruce Hiatt - March 10th, 2009
Categories: High Rise Condo Foreclosures, High Rise Condos, News

There’s no doubt Las Vegas has started its Spring real estate season with the number of luxury high rise condo foreclosure buyers contacting Luxury Realty Group. These buyers have discovered the 3 reasons to buy Las Vegas luxury high rise condo foreclosures now.

The three reasons are:

Prices for Las Vegas luxury high rise foreclosure condos in the Resort Strip corridor have fallen in some cases below $300 a square foot. Luxury Realty Group just sold a luxury high rise condo for below $200 a square foot this week. High Rise developers tell Luxury Realty Group they cannot build a high rise condo at such prices per square foot in prime Resort locations.
Mortgage interest rates continue to fall for loans conforming to Fannie Mae limits
Some of the luxury high rise condo foreclosures are unused or slightly used, investor properties resulting in buyers being able to purchase a new or “looks like new” condo at half price or more from the luxury high rise condo peak prices in Las Vegas.

Considering buying a luxury high rise foreclosure condo in Las Vegas? Contact Bruce Hiatt today so he can create your own private high rise condo foreclosure search that meets your special search criteria.

Bruce Hiatt can be reached at (702) 456-7080 x201 PST. You can also follow Bruce on Twitter @LuxuryRealtyGrp or subscribe to our RSS feed at www.LasvegasHighRiseBlog.com or www.FineVegasHomesBlog.com.

Luxury Realty Group is recognized by the press as a leading brokerage on the Strip. They can be seen on networks and in publications such as CNBC, Forbes Magazine, Details, LV Business Press, Wall Street Journal, The Review Journal, Los Angeles Times and USA Today.

Disclaimer: All information contained within this post is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive.

Bruce Hiatt, Broker, CRS can be reached at 702-456-7080 x201.
Learn More About This Author.

All information in this blog is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive. See DISCLAIMER.