WSJはマイアミが販売するべきコンドミニアムの目録の57か月を過すことを言う
ブルースHiatt - 2007年11月7日著掲示される
部門: 高層コンドミニアム
今日ウォールストリート・ジャーナル マイアミの販売のための利用できるコンドミニアムの目録が少なくとも57か月であると言われる。 考えなさいラスベガスの贅沢な高層コンドミニアムにあてはまるか。 媒体のいくつかはそう考えてほしい。 終わり。
主なストリップに沿う販売のための贅沢な高層コンドミニアムの目録はラスベガスのストリップ区域にであるわずか目録マイアミ持っている近づき。 例えば、超贅沢の考慮しなさい 空ラスベガス 住宅の高層コンドミニアムの特性。 空だけ基本区域にストリップにある。 それは正しい、ストリップの住所の1つの高層タワーの合計。
今日現在の販売のための空の贅沢なコンドミニアムの総数は巨大な35である。 様子をみよう。 それは強い市場の目録の約3週および柔らかい市場の目録の約4か月である。 私にマイアミのように鳴らないしかしマイアミを言う媒体のたくわえおよびラスベガスは同輩である。 ラスベガスの贅沢なコンドミニアム映像をそれから市場の歪める媒体のたくわえが4か月月およびより多くの月になる限り。 媒体はそのような不正確な報告を用いるラスベガスの贅沢なコンドミニアムの販売人へのそのような損傷の支払をしなければならないべきであるか。 興味深い質問。 少なくとも CNBC 右のそれを得られる強いラスベガスの贅沢なコンドミニアムの市場がいかにについての実際にあるか最近の放送と。
ちょうど存在でストリップの1つの贅沢な高層コンドミニアムを示すことによって考える私が不公平な比較を塗っていることか。 OK, let’s go to the prime Strip area and expand it to include the adjacent Strip luxury condos for sale counts. First, let’s look at the massive over supply we have in existing hotel condos for sale.
For luxury non-restrictive stay hotel condos currently on the market, we have a total of 148 across 3 towers. That’s it folks and those numbers are decreasing each week. That particular condo hotel is the beautiful ultra luxury MGM Signature and there are 8 under contract today. Sales are increasing and supply is reducing because smart buyers are grabbing the deals while they can. For days on market in a normal market for hotel condos, this would be about 4 months of inventory and in this slow market it is about 9 months or less. However, if the media keep distorting the Las Vegas luxury condo picture then 9 months will become 12 or more months.
Next, let’s count the luxury the luxury high rise condos in the near-prime Las Vegas Strip area. We have a total of 212 on the market. We have the luxury high rise Turnberry Towers with a total of 83 on the market across 2 towers. Turnberry Place, with its famous Stirling Club, has 127 for sale across 4 towers with 3 under contract. Park Towers, a very high end luxury condo high rise, has a whopping total of 2 on the market. So, we have a grand total of 212 Las Vegas luxury high rise condos in the prime Strip area available for sale. In a normal market, that would be about 6 months of inventory and in this slow market it will be about 9 to 12 months. If the media keeps hammering the Las Vegas luxury high rise condo market, then the months on market will extend for some time. It isn’t a fair picture.
See, the facts are quite a shocker. The media just won’t tell you what is really going on except for CNBC’s honest reporting of our luxury condo market. The media rather focus on getting ratings and selling magazines and newspapers by promoting the doom and gloom. Each day when such inaccurate reporting takes place, it has to be one of the factors in taking money out of the luxury condo sellers pocket. Such damage is irresponsible and incomprehensible but the public is not crying out for accurate real estate reporting. They need to start shouting now.
Did I tell you that sales continue very strong for luxury condos at MGM MIRAGE’s CityCenter in Las Vegas? They are and record prices are being set. Wait until those Las Vegas luxury condos get delivered in 2010. Then, we shall see how well the existing luxury condos along the prime Strip area perform since their price per square foot is a bargain in comparision to new construction prices now.
No wonder the media don’t want you to know these facts. For sure they don’t you to know Strip land prices have increased 8 fold over the past three years and no softening in sight.
Want to know more about these limited supply luxury high rise condos and hotel condos for sale in Las Vegas? Call Bruce Hiatt at (702) 456-7080 x201 or Simon Chen (702) 456-7080 x202.
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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