Category: Las Vegas High Rise Condos

A nationwide jump in home sales has been arguably the greatest driving of health in the property sector, with the late 2012 turnaround continuing on the strength of new closings. As a nationally comprehensive statistic, most analytics firms reported a quarter-over-quarter climb in the rate of purchase. While values continued to climb and home purchases sustained at a promising rate, this boom in purchase rates seemed to decelerate some by the close of Q3.Taking all this into account, a recent USA Today story notes that we may quickly see a shift from a seller’s market to one more favorable to buyers. As a general timeframe, most realtors seemed to be reporting a slowdown in sales around the close of summer. While this is seasonally typical, it also seems bolstered by a variety of other factors.

via Are We About to See a Buyer’s Market?.

International clients frequently pay all cash compared to domestic buyers: About 63 percent of reported transactions were all cash, as reported in the recently released 2013 Profile of International Home Buying Activity, which captures transactions of respondents in the 12 months ended March 2013.Mortgage financing tends to be a major problem for international clients due to a lack of a U.S. based credit history, lack of a Social Security number, difficulties in documenting mortgage requirements, and financial profiles that are different in some cases from those normally received by the financial institution from domestic residents. Financing-related issues accounted for about 26 percent of the reported reasons for not buying a property in the United States.

via 63% of International Buyers Pay Cash.

Consider it an empty canvas — albeit a very expensive, enormous canvas.This empty 62,000-square-foot apartment just hit the market in Manhattan for $130 million and has replaced a $125 million penthouse as the most expensive listing in New York. The Residence at River House is also the new No. 2 on the most expensive homes list, trailing just behind the $140 million estate in Greenwich, CT.The reason an empty condo is so expensive? The opportunity to create “what will truly be one of the grandest urban residences in the world,” according to the listing.River House was constructed in 1931 by American architect William Bottomley, and when it opened was one of the premier addresses in the city. Overlooking the East River, the $130 million home the largest in the Big Apple sprawls across 5 levels and features 20-foot ceilings, enormous view-filled windows and “light-filled spaces.”

via $130 Million Apartment Hits the Market in Manhattan | Zillow Blog.

Newport Lofts #1712-Stunning Downtown City Views from this Residence 

Luxury loft style living located in the heart of the Arts District. Incredible views of the Downtown. Stainless steel appliance package, European style cabinetry, modern fixtures, lights and more.

For current residences for rent, please visit our Las Vegas Condo Rental page.

Turnberry Towers #4301-Golf Course and Strip Views from this 2Bd/2Ba 

The Martin #602-FULLY FURNISHED/North Strip Views from this 2Bd Residence 

Fully furnished 2bd residence with north strip views. The Martin building amenities includes fitness room w/ 2,400-sf and includes state-of-the-art cardio equipment, free weights, stretching areas and views of the pool and garden lounge. The pool area features dramatic landscaping, a wraparound sundeck, cabanas and an outdoor grilling area..

For current residences for rent, please visit our Las Vegas Condo Rental page.