MGM City Center High Rise Condo Prices Get Droped 30% Will This Help?

In an effort to minimize losses and help buyers MGM has announced that they will be cutting condo price at it's multi billion dollar City Center development in Las Vegas by 30%. The move to lower prices on City Centers High Rise Condos is not a surprise to me for a couple of reasons. One reason that this was not a shocker was because they stated a few months back they would be considering lowering the prices on their High Rise Condos. Another reason is it would be impossible to sell these properties to the prospective buyer who has already placed a large deposit who now needs to be financed in the worst economic climate in decades. Lowering prices 30% in my opinon was a far decision MGM/City Center made and buyers should be grateful that this has happened. I am looking forward to the opening and closing of the High Rise Condo & Condo Hotel portions of this magnificent development. If you or anyone you know is interested in purchasing either pre-construction or re-sale unites as they come available please feel free to contact me by email or phone which ever you prefer.

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