Las Vegas Condo Rollercoaster
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 market fluctuate and people who were buying condos to flip them for a profit are worried. As well they should be. The market has moved to a buyer’s market and this is not good for those who were riding the wave of outrageous prices for homes and condos the past couple of years.
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