Competitive High Rise Market

Despite the demise of several high profile condo projects, experts are saying the fundamentals of the Las Vegas market have not changed and that demand is high.

The Las Vegas real estate market and its underlying attributes, like homes, are doing well and that signs point to incredible growth.

"Developer fall out is a symptom of a very strong and aggressive market", Steven Fifield, founder of Fifield Companies, developer of Allure Condos says.

He goes on to say that with the competitive market construction prices will rise and that because of this developers will feel the squeeze.

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