拉斯維加斯高層Blog」 WSJ認為邁阿密有57個月公寓房存貨賣

WSJ認為邁阿密有57個月公寓房存貨賣

在布魯斯・ Hiatt - 2007年11月7日前張貼
類別：高層公寓房

今天華爾街日報說可利用的公寓房邁阿密的存貨待售是至少57個月。認為對拉斯維加斯豪華高層公寓房是真實的？某些媒介要您如此認為。不甚而關閉。

豪華高層公寓房存貨待售沿頭等小條和臨近拉斯維加斯小條地區是存貨邁阿密的分數有。例如，認為超豪華天空拉斯維加斯住宅高層公寓房物產。仅天空位於小條主區。那是正確的，共計1個高層塔以小條地址。

天空豪華公寓房的總數待售自今天是一碩大35。我們看。那是大約三個星期存貨在看漲的行情上和大約4個月存貨在一個行情疲軟的市場上。不聽起來邁阿密對我，但是媒介保留認為邁阿密和拉斯維加斯是均等。只要變形拉斯維加斯豪華公寓房圖片的媒介保留4個月在市場上然後成為幾個月和更多月。媒介不應該必須支付對拉斯維加斯豪華公寓房賣主的這樣損傷以這樣不正確報告？有趣的問題。至少 CNBC 得到它正確以他們的最近廣播關於怎樣強拉斯維加斯豪華公寓房市場真正地是。

您由正義陳列在小條認為一豪華高層公寓房存在我繪不合理的比較？ 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.

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