Las Vegas High Rise Blog » Las Vegas Shows 86% Increase in Home Sales in One Year

Internationally awarded and recognized, Luxury Realty Group with Realty One Group is respected for setting a golden standard in elegance, service, exclusivity, and technology.

Bruce Hiatt of Luxury Realty Group specializes in Las Vegas luxury real estate from custom luxury homes to high rise condos.

As consultants to several Wall Street Firms and the Associated Press, Bruce Hiatt of Luxury Realty Group with Realty One Group has made many appearances in the media including CNBC, ABC News, CBS News, FOX News, Wall Street Journal, Forbes, Fortune, New York Times, and Los Angeles Times.

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Las Vegas Shows 86% Increase in Home Sales in One Year

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

Las Vegas existing home sales just finished its 12th consecutive month of increasing existing home sales. That respresents an 86% increase of existing home sales from March 2008 to March 2009. While many of the existing home sales were comprised of Las Vegas foreclosures, the overall improvement in Las Vegas real estate sales is good news overall for that region of the country. It is also a good sign for the Las Vegas luxury real estate market as it too is now showing signs of recovery.

These newly reported statistics, courtesy of SalesTraq, are consistent with the increased number of buyers contacting Luxury Realty Group since March 2009. These buyers are primarily cash buyers who are seeking luxury high rise condo deals such as foreclosures.

Bruce Hiatt, Broker, CRS can be reached at 702-456-7080 x201.
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