Enough is Enough - The last I checked, the amenities at Panorama Towers and Turnberry Towers looked operational. Las Vegas real estate market Update - May 2008
Posted by Luxury Realty Group - May 8th, 2008
The national press is searching for horror stories about the Las Vegas high-rise luxury condo market. Recently, I received a call from a journalist looking for information on how horrible it had become to live in high-rise condominium properties such as Panorama Towers and Turnberry Towers. The journalist wanted to talk to owners who were going through foreclosures, seeking stories about how their quality of living has been impacted, trying to see if the buildings amenities had been compromised. But is it the press’ fault that they view things this way?Turnberry Towers - Las Vegas resale MLS Inventory Update (April 26, 2008)
Posted by Luxury Realty Group - April 26th, 2008
Turnberry Towers is a residential high-rise condominium project located in Las Vegas. Turnberry Towers is one of those developments that has been hit pretty hard by the current real estate downturn. Brand-new, never-lived-in resale units and penthouses are sometimes selling for less than what the seller paid during pre-construction. Let’s take a quick look at the latest inventory.Pictures of Aaron Auxier on FOX 5 News and with Las Vegas Mayor Oscar Goodman
Posted by Luxury Realty Group - April 15th, 2008
I recently made an appearance on FOX 5 News talking about the Las Vegas Strip luxury condominium market. It was nice for them to let me share some of the facts that are not being reported. I have included a photo from the studio, as well as two photos from the “Rising Stars” award ceremony thrown by the Las Vegas Business Press and Mayor Oscar Goodman.High-Rise Condo Inventory Update - Latest MLS resale listings in Panorama Towers Las Vegas
Posted by Luxury Realty Group - April 13th, 2008
As everyone knows, the overall U.S. economy is going through enormous challenge. While nobody denies times are tough in the Las Vegas real estate market, the facts behind why it’s so tough to build luxury high-rise condominium towers (on or near the Strip) get misconstrued. As of April 2008, Sky Las Vegas is the only high-rise condo tower on the Strip. However, for today’s inventory update, we are taking a look at resales condos in Panorama Towers.Trump Hotel lobby vs. Palms Place lobby (Includes Photos and latest MLS resale listing inventory)
Posted by Luxury Realty Group - March 26th, 2008
Two new Las Vegas high-rise condominium projects have opened, Trump Las Vegas (sophisticated luxury) and Palms Place (edgy cool). These are not residential condo developments such as The Harmon Hotel, Spa & Residences, Veer Towers, Turnberry Place, Sky Las Vegas, or Mandarin Oriental. These are full blown condotel properties, a product which has suffered due to the challenged mortgage industry. Regardless, the projects (combined) add roughly $2 billion worth of new luxury hotels to the city. Inside we compare their lobbies and see some resale inventory off of the MLS.That new Las Vegas high-rise condo smell - Part 2 of 2 - Trump Tower (MLS Inventory Update and Pictures)
Posted by Luxury Realty Group - March 19th, 2008
Hey economy! Just like I said in part one of this series, everyone is fed up with your negativity. While we’re aware that you’re not ready to stop your moaning, there was nothing you could do to stop the openings of Trump International Hotel and Tower and Palms Place. Costing nearly $2 billion in total, and after a two year wait to peak a glimpse inside, we’re going to savor the excitement of adding these buildings to Las Vegas’ collection.In Asian culture, 2008 is a lucky year to buy. A look at new and resale condo listings in the 800’s and 8 millions.
Posted by Luxury Realty Group - December 28th, 2007
In Asian culture, the number 8 is good luck. How good? So good that one person paid over 5 million dollars for a phone number full of 8’s. So what Las Vegas Strip condo developments could an Asian buyer find $800,000 condos and $8 million penthouses for sale in 2008? We’ve pulled up the MLS stats to make it easy to find out.