Archive for the ‘Condos Update’ Category

Las Vegas Condo News

December 6, 2006 Posted In Condos Update Market Conditions Real Estate News

As the market for high-end condos levels off, more and more people who have invested time, planning and money into their future retirement condos are starting to feel the pain of incomplete condo developments closing down shop.
Many consumers have invested their minimum 10 percent to pay on condo developments that will never be built. [...]

Icon Las Vegas

December 1, 2006 Posted In Condos Update Economic News Real Estate News

Related Group has announced that it will not be completing its Icon Las Vegas condo project.
The Icon cancellation comes as a big surprise, in part because its developer is a partnership of two giants.
The Related Group of Florida, which is considered by some to be the nation’s leading condo developer and Related Companies, which is [...]

Sullivan Square Taking Reservations

November 3, 2006 Posted In Condos Update New Construction Real Estate News

Chicago-style lofts, terraced condos, high-rise towers and town-homes will be offered at the 16.5-acre, mixed-use community in southwest Las Vegas Nevada known as Sullivan Square.
The high rise Madison Tower I at Sullivan Square is offering 159 units for reservations with floor plans measure from 600 to 1,800 square feet ranging in price from the mid [...]

The Echelon Breaks Ground

Posted In Condos Update New Construction Real Estate News

The Centennial Hills master planned community in North West Las Vegas Nevada breaks ground on the new Echelon project.
The gated mid-rise residential development is now under construction and currently selling homes offering 11 floor plans measuring 1,064 to 4,164 square feet.
The 372 residences will occupy six mid-rise buildings in this North West development, each with [...]

Condo Conversions In Las Vegas

October 27, 2006 Posted In Buyers Condos Update Real Estate News

Condo conversions in Las Vegas are having a major impact on the housing market there. That is why condos are becoming the ultimate trend in the local real estate market.
At last count there were over 80 new Las Vegas high rise preconstruction condo projects in the planning stages for the downtown Las Vegas strip. Most [...]

SalesTraq Releases New Statistics

October 23, 2006 Posted In Buyers Condos Update Homes Update Market Conditions Real Estate News

Stats recently released from SalesTraq, a local real estate research firm, reminds buyers of the tight housing market that home buyers, sellers and agents went through in 2004.
The 2006 market offers stark comparisons. The market for Las Vegas condos, homes and rentals feels distinctly different thanks to skyrocketing inventory. SalesTraq showed that there were almost [...]

Town Center Development Woes

October 22, 2006 Posted In Condos Update New Construction Real Estate News

Las Vegas developers are making a push to develop more homes in communities in areas like Henderson and Summerlin. However city officials and residents in neighboring subdivision are worried about traffic and lost views. Officials have gone on the record to say any move to increase density will draw close scrutiny from the [...]

Tough Market

October 12, 2006 Posted In Condos Update New Construction Real Estate News

The past two years has shown the Las Vegas condo market spread like wildfire. Not only have condos gone up all over town, consumers have seen the prices for luxury apartment’s balloon. Prices have gone up and vary from $500 to over $1000 per sq. foot.
Many buyers have been interest in flipping their [...]

Las Vegas Condo Rollercoaster

October 11, 2006 Posted In Buyers Condos Update Market Conditions

Las Vegas real estate market has seen its share of ups and downs. This past year the Vegas condos market has taken a beating. Developers last year planned more than 70 luxury towers holding a total of about 43,000 units on or near the Strip and downtown.
Las Vegas condo buyers have seen the [...]

Which Way Next

October 7, 2006 Posted In Condos Update Homes Update Market Conditions Real Estate News

Which way is the Las Vegas real estate market going to go? It seems as though every other week there is some breaking news directing consumers in the Las Vegas homes market. Towards the beginning of the year, the housing market was hit by high interest rates and a saturation of the market with Las [...]

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