Archive for the 'News' Category
Las Vegas Returns to 2002 Real Estate Prices
Posted by Bruce Hiatt - April 10th, 2009
In 2002, Las Vegas was considered one of the best buying opportunities for real estate. Home and some condo prices were in the $100,000 to $200,000 range and affordability was considered to be very good. Then came the recognition of how Las Vegas real estate was undervalued in comparison to California and what happened next is history. Now in 2009, Las Vegas real estate has once again rolled back to 2002 price levels according to John Restrepo of Restrepro Consulting Group. What does that mean for the buyer of Las Vegas real estate, especially Las Vegas luxury real estate? Opportunity knocks once again.International Foreclosure Buyers Target Las Vegas High Rise Condos
Posted by Bruce Hiatt - March 22nd, 2009
I thought it was just Luxury Realty Group experiencing a sudden rise in international foreclosure buyers. What are these international foreclosure buyers targeting? Clearly Las Vegas luxury high rise foreclosure condos have been the international focal point over the past two weeks.Fontainebleau Resort Las Vegas Gets Skinned
Posted by Bruce Hiatt - March 12th, 2009
Yep, just when you thought you heard it all now Fontainebleau Resort Las Vegas gets skinned.3 Reasons to Buy Las Vegas Luxury Condo Foreclosures
Posted by Bruce Hiatt - March 10th, 2009
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.Luxury Realty Group Launches New Foreclosure Search Service
Posted by Bruce Hiatt - February 16th, 2009
With an increasing number of Las Vegas luxury homes and luxury high rise condos going into short sale or foreclosure status, Luxury Realty Group has created a new website just for those seeking such types of real estate.Think Miami and Las Vegas Real Estate Inventories Are Equal?
Posted by Bruce Hiatt - January 27th, 2009
I’m sure you keep seeing in the media how Miami’s real estate is just as bad as Las Vegas. Well, today’s Wall Street Journal gives a huge wake-up call to that comparison. It’s just plain wrong!!Guess How Many Las Vegas Strip Luxury High Rise Condos Exist?
Posted by Bruce Hiatt - January 18th, 2009
With all of the recent media reports about Las Vegas real estate imploding, there’s no wonder most people think the Las Vegas Strip area has an ocean of luxury high rise residential condos for sale. Just last week I read one comment on a Blog that stated for a fact that Miami’s luxury high rise residential condos for sale were in the same boat as Las Vegas. So that would make Las Vegas have at least 22,000 luxury high rise condos for sale along the Strip? Right? Not so fast. Let’s see exactly what the real numbers are. Would you believe 1306 Las Vegas luxury residential condos along the Strip with 409 existing and the rest under construction? This detailed video reports gives you the inside scoop on the real numbers and you will see just how far off the mark the media has gone regarding Strip condo statistics. Follow the read more to watch the video:Why Fontainebleau Resort in Las Vegas Changes Everything
Posted by Bruce Hiatt - November 28th, 2008
How can Fontainebleau Resort Las Vegas change everything when it is still under construction you ask? It has already and it’s incredible as no one thought this benefit would be so amazing.