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Wednesday, January 19, 2011

Las Vegas Luxury High Rise Condo Sales Activity

Its only 18 days into the New Year and we have seen 38 Luxury High Rise Condo and Condo-hotel sales recorded on the Las Vegas MLS. The median sales price is $161,000 and the highest priced Luxury High Rise condo sold was for $429,900. 13 of the high rise condos sold were non distressed, 18 were short sales and 6 were bank owned listings. Another thing that was interesting was 35 of the 38 total condos sold were sold cash. The most active High Rise Development is The Signature at MGM Grand which had a total of 16 condos sold In the first 18 days of 2011. The Signature at MGM Grand is a Condo-Hotel Community. A Condo-Hotel is a condo community that is used both as a hotel and condo community. The community also has onsite management offering an optional rental program which allows the homeowner to enroll their condo into a rental pool managed by the hotel to offset some of the homeowners carrying cost. Below I included a table detailing information on the number of condos sold and the median sales price for each Luxury High Rise Condo and Condo-Hotel Community. It will be interesting to see how well the Luxury High Rise Community will do In the months ahead. Continue to visit my blog or subscribe to my YouTube Channel LasVegasREtv.org for all the latest Las Vegas Real Estate news and information.

High Rise Development, #Sold Median Sales, Price

Allure 4 $169,000
Metropolis 0 N/A
Newport Lofts 1 $159,000
One Las Vegas 1 $129,999
One Queensridge Place 0 N/A
Palms Place 0 N/A
Panorama Tower North 0 N/A
Panorama Towers 1 & 2 6 $213,150
Park Towers 0 N/A
Platinum Hotel 1 $79,900
Regency Towers 0 N/A
Sky Las Vegas 3 $292,000
Soho Lofts 2 $158,450
The Signature at MGM Grand 16 $152,500
Trump Tower International Hotel 1 $145,000
Turnberry Place 2 $302,500
Turnberry Towers 1 $429,900

Makea Turner

Realty One Group

http://www.searchlasvegasverticals.com/

www.facebook.com/makeaturner

http://www.lasvegasretv.org/

www.twitter.com/makeaturner

Wednesday, January 12, 2011

Las Vegas Real Estate Secrets Revealed pt3

Part 3 Interview With Las Vegas Real Estate Industry Insider Larry Murphy


Tuesday, January 11, 2011

Las Vegas Real Estate Secrets 2011 Revealed pt2

Part 2 Interview with Las vegas Real Estate industy insider Larry Murphy


Deadline to petition property tax assessed value approaching fast



I wanted to take a quick moment to update you on Las Vegas Property taxes. If you have any concerns about how your homes property taxes have been valued then you still have time to dispute the assessed value. If your homes assessed value is more than the cash value of your home then you can submit a petition on or before January 18 2011 to have the assessor’s office review your homes value. You cannot change the tax rate but you can bring all concerns to the attention of the assessor’s office and they will work with you on how your home is currently being valued. Remember to always review your assessment for accurate information and check out how your neighbor’s homes are being valued.

For more information about property taxes and how to file a petition if you feel your homes assessed value is not accurate check out my newsletter for the month of January

http://www.lasvegasrealtor.com/GreaterLiving/874220153

Monday, January 10, 2011

Las Vegas Real Estate market interview with Makea Turner & Larry Murphy

In this interview I sat down with Larry Murphy from Sales Traq to discuss the Las Vegas Real Estate market as a whole, where its been and where it is going. This in depth interview with a true Las Vegas Real Estate insider Larry Murphy we talked about some of the most FAQ about the Las Vegas Real Estate Market, what opportunities our Las Vegas Real Estate market presents for buyers and exactly how you can capitalize on what is happening here in Las Vegas. There is a couple of parts to this interview so please check the annotations within the video to check out the other parts after your done watching. Be sure to share this video with all of your friends either on Facebook or Twitter. If you have not already subscribed to my YouTube channel or blog make sure you do so before leaving.



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