Makea Turner

I wrote about this a few days ago and found the News Clip of what i had wrote about so I have included it in todays post. Please enjoy and feel free to leave your comments.

People all over the country are claiming that there isn't any good deals in Real Estate right now because of the horrible housing market and credit crunch. These voices can be heard through out any city in America. But if you pay close attention to who the voices and comments are coming from you will soon see that they are defiantly not coming from people who invest in Real Estate. Our great city of Las Vegas is home to some of the most lucrative deals in Real Estate at the moment. I specialize in representing High rise Condo Buyers in their purchasing of a Las Vegas Vertical property so i will stick with deals that have to do with High rise Condos which i have encountered in the last few weeks. I have see several High rise developers offering lease back opportunity's on selective unites that are currently for sale which means that the builder will lease the Condos back from the purchaser for a certain amount of time and price per month. These deals are commonly found with model unites that the developer needs to sell for one reason or another but they still need to use these unites to show prospective buyers how they're s can look. Right now you can have your pick in size and price which makes it an even more appealing to investors. If you click here you can see 3 separate High rise Condo listings that offer this type of opportunity at Turnberry Towers, which is the newest addition to the NEW Las Vegas Skyline. If you are an investor who is interested in High rise Condo investing in Las Vegas these deals are perfect because they allow you to have a long term tenant in place ( the developer) will you accumulate the appreciation that comes along with time. If you would like more details on these deals or similar deals like this please contact me by clicking here.

People all over the country are claiming that there isn't any good deals in Real Estate right now because of the horrible housing market and credit crunch. These voices can be heard through out any city in America. But if you pay close attention to who the voices and comments are coming from you will soon see that they are defiantly not coming from people who invest in Real Estate. Our great city of Las Vegas is home to some of the most lucrative deals in Real Estate at the moment. I specialize in representing High rise Condo Buyers in their purchasing of a Las Vegas Vertical property so i will stick with deals that have to do with High rise Condos which i have encountered in the last few weeks. I have see several High rise developers offering lease back opportunity's on selective unites that are currently for sale which means that the builder will lease the Condos back from the purchaser for a certain amount of time and price per month. These deals are commonly found with model unites that the developer needs to sell for one reason or another but they still need to use these unites to show prospective buyers how they're s can look. Right now you can have your pick in size and price which makes it an even more appealing to investors. If you click here you can see 3 separate High rise Condo listings that offer this type of opportunity at Turnberry Towers, which is the newest addition to the NEW Las Vegas Skyline. If you are an investor who is interested in High rise Condo investing in Las Vegas these deals are perfect because they allow you to have a long term tenant in place ( the developer) will you accumulate the appreciation that comes along with time. If you would like more details on these deals or similar deals like this please contact me by clicking here.

I have expressed my feelings about the main stream media not reporting good news about the High rise condo market in previous posts but i have to say today i was very impressed on how well written the article title " FULL SPEED AHEAD" by ARNOLD M. KNIGHTLY was. I would love to see more reporting done in this manner because it explains and in my opinion encourages growth. Thank you Arnold M Knightly well done. I would like every one of my readers to please check out his story by clicking here

Just as i have suspected another bad article that only portrays negative when in fact it is a positive story. The review Journal has published another article with false truths that mislead people about the Las Vegas High rise Condo market. The title of the article was " Resales rise for high-rise luxury condos, data find Price per square foot declines, observer says" In the article it goes on to say how the median price of a Las Vegas High rise Condo has risen 30% from the previous quarter but prices per square foot have decreased 0.5% to $466 per square foot. This was recorded as of March 31st which does not take into its findings the recently released Trump International Hotel & Tower re-sale numbers or Palms Place which were just opened on March 31st:) Once the Condo sales for these two Developments are recorded you will see an even bigger increase in the median price as well as a huge jump in price per square foot. The article divides our High rise condo market into a few different parts, such as Hotel Condo, High Rise Condos, and Mid rise Condos. My personal opinion is that we should not think of all these different sectors when discussing the High rise Condo market because it brings in confusion and sometimes inaccurate numbers. When i speak about the High rise Condo market i speak about it as a hole, this way it is easier to understand. The article also stated that "average unit size grew from 1,576 square feet to 2,050 square feet" which from there previous statement which said "The median resale price was $955,000, up nearly 30 percent from $737,500 in the previous quarter. However, price per square foot slipped 0.5 percent to $466", but in the whole story it forgot to mention how great this was for people who are interested in purchasing a Las Vegas high rise condo because they can for a limited time receive a larger Condo for less per square foot. I found that interesting. Another good point to make is the article said re sale unites were up this quarter form a year ago but they are only up 2 condo unites, yea thats it, so this must mean that property's of this kind are selling quickly or people are trying to hold on to them until some of the developments under construction are finished. By holding on to their condos until construction of other developments are completed they are going to receive what ever appreciation comes along shortly after construction is done because history has shown us here in Las Vegas with the High rise Condo developments that prices have the tendency to increase after construction is completed on big ticket developments. I do not believe that anything that was reported by the review journal was bad at all even though the language they chose to describe it made it seem that way. This is an amazing time to buy a High rise Condo here in Las Vegas and for those who can you are sure to see a good return on your money in the near future.