Make Your New Year’s Resolution Include a Luxury High Rise Condo Deal
Posted by Bruce Hiatt - December 25th, 2007
Categories: High Rise Condos
From all of us at Luxury Realty Group in Las Vegas, we wish you a safe, happy holiday and a Happy New Year. Make it one of your New Year’s resolutions to grab one of our luxury high rise condo deals on or adjacent to the Strip in 2008.
While the national news media keep focusing on the Las Vegas single family home market, they still don’t understand the luxury high rise condo market. They are two separate worlds with the luxury high rise condo market having limited supply.
Strip land prices continue to soar to $34 million an acre. Such land prices are not going down as there are only 4 miles of prime Strip land. For luxury high rise condo deal hunters, the opportunity to buy is now. Why? Because with all of the negative real estate media reports, luxury high rise condos like Sky Las Vegas or Turnberry Towers are currently priced close to when Strip land was priced at $4 million an acre three years ago.
When 2010 arrives and major projects like MGM MIRAGE’s CityCenter go live, today’s fence sitting buyers of Las Vegas luxury high rise condos will be surprised to discover just how high the prices are per square foot for such high rise condos. These numbers tell the true story about the Las Vegas luxury high rise condo market.
Contact Bruce Hiatt or Simon Chen today at (702) 456-7080 x202 to ask about the current luxury high rise condo and hotel condo deals we have for you.
Copyright 2007, Luxury Realty Group, Inc. All Rights Reserved.
Bruce Hiatt, Broker, CRS can be reached at 702-456-7080 x201.
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Copyright © 2008 Luxury Realty Group LLC. All rights reserved.














