2008 is clearly telling us how wild the world of Las Vegas real estate will be this year. We continue to have the national news media combine the single family housing market with the luxury condo market, two very different markets, and paint them with one distorted observation stroke.
It doesn’t work that way and Las Vegas has two very different real estate markets with different land values, supply, demand and price points. For these and many more reasons, we focus our February 2008 Las Vegas luxury high rise video report on luxury high rise condos and hotel condos from new construction to resales in the prime Strip area.
This Las Vegas luxury high rise report presents facts regarding land valuation on the Strip, prices per acre and more data to show how strange the 2008 market conditions are relative to what is coming by 2010. It’s like two worlds colliding and neither makes sense when viewed in isolation of the other.
Contact us today as our Las Vegas luxury condo deal research has identified some good opportunities for the savvy buyer. Call Bruce Hiatt at (702) 456-7080 x201 or Simon Chen at (702) 456-7080 x202.
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