October 2008 Las Vegas Foreclosure stats are quite interesting because it shows once again that buyers are entering the market at a remarkable pace. You have been bombarded with negative stories and headlines from across the globe painting a doom and gloom picture that just isn't accurate. Construction is still moving forward on key developments that will bring thousands of Jobs along with global interest that can be duplicated. If you would like unmatched Real Estate services when purchasing or Selling Las Vegas Foreclosures contact me directly by clicking here or call 702-542-1883

Check out this video I found that talks about the Palms Place Condo Hotel here in Las Vegas. The Palms Place Condo Hotel is a stunning piece of Real Estate with amenities and features that aren't seen anywhere else in Las Vegas or perhaps the world. One amazing feature that the penthouses condos suites have are infinity edge spas that are suspended over the edges of the building, similar to the famous Playboy pool in the Palms Fantasy Tower. Currently there are some great buying opportunities at Palms Place Condo Hotel, so if you are in the market for a one of a kind Las Vegas High Rise Condo Penthouse at the Palms Place please contact direct TODAYat 702-542-1883 or click here to ensure you receive the proper representation during your transaction.

Good news in the middle of the Choas.

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Over the last few week we have experienced allot and we have certainty heard allot. Banks failing, Wall Street Down dramatically ect. People across the nation have suffered great loses and tremendous stresses in their business and family lives. There are all kinds of things being said on the news about Real Estate and foreclosures which is mostly a bunch of fearful depressing talk. Today I read an article that was quite reassuring and impressive that stated our single family home sales here in Las Vegas have increased dramatically from a year ago. To quote the article, which was in the Review Journal, "Local real estate transactions tracked through the MLS totaled nearly $642 million in September, up 1 percent from August and up 84.2 percent from a year ago. Nearly 68 percent of all single-family homes and 58.3 percent of condos and townhomes sold within 60 days." This indicates to me that there is a huge interest in the Las Vegas Real Estate markets from smart buyers who understand what opportunities are available to them in our current market. Times are tough and financing is much harder to obtain but the one thing that can't be ignored is the undeniable fact that the Las Vegas Real Estate market is experiencing enormous interest from savvy buyers. What I see happening in the next couple of months is prices dropping a little further and sales increasing even more, so get ready because thing will continue to improve. If you are considering purchasing any type of Real Estate in Las Vegas Click Here to insure you'll receive the best service possible.

Bail Out or Hand Out? That is the ultimate question at the moment isn't it. This question is the most important question of our time that needs to be taken seriously and not just brushed off. Our elected officials who are suppose to voice the concerns for the masses have become completely contempt about this who song and dance that is occurring. Our markets are in turmoil and greed is surpassing the American way. It is time we stood up for ourselves and put a stop to the nonsense that Washington and Wall Street have both taken part in over the years. This bail out bill or amendment or piece of toilet paper what ever you prefer to call it will destroy our country and brings us into a depression unlike any other. The dollar is at it's weakest point, Large Banking institutions are failing, foreclosures across the board are sky high and it seems that the American people are more worried about the next lie to come out of Mccain or Obama's mouth. Both of the presidential candidates have had hundreds of thousands if not millions of dollars given to their campaigns by the same banking institutions and corporations that are falling apart and destroying our economy. Why should we support these two candidates who have been supported by special interests & untrustworthy corporations for their entire campaigns? I hate to write about the negative and would prefer to stay on point and discuss Las Vegas Luxury High Rise Condos but there are so few of us in the Real Estate industry and country for that matter who understand what is happening, I felt compelled to write briefly about what devastations we are facing as a country if we don't snap out of this daze we are in. Below are a few videos that will show you that our entire Congress is not corrupt with greed and that there still are some true American patriots who have our best interest at heart. Please pay attention to the videos because these people are trying to save our Country from total destruction from with in & they need our help.

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Today I though I would put together a few graphs that illustrate the sales at Panorama Towers 1&2, The Signature At MGM, & Turnberry Place, which by the way were the top 3 selling developments for the summer of 08. As you can see by the graphs and information below, LV High Rise Condo Sales prices are just a fraction off from list price. In the Last quarter of this year you can expect to see sales continue to increase with a slight dip in prices due to more High Rise repo inventory that will be coming onto the market in the next couple of months. There are definitely some awesome deals on the market at the current time but there are also some sucker beats as well. This is an extremely tricky market we are in at the moment and as the year ends thing will only become more complicated but lucrative as well. For the right buyer Las Vegas High Rise Condos present an extraordinary opportunity that if not seized will soon disappear. Thanks for reading and i hope this information sheds some light on the negative headlines that are flying around out their while providing you with the knowledgeable LV High Rise Condo Information you want & need.

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Green=List Price
Red=Sold Price
Blue Line=Days On Market
Click Here For Panorama Towers Summer 08 Sale
--------Bd-- Bth ---SQFT ---Lp ---------SP
High ----2 --3----- 2406 ---$1200000-- $960000
Low ----1 ---2 -----732---- $319000---- $290000
Average 1 ---2---- 15413-- $649652----- $590047
Median -2-- 2 -----1463--- $535000----$515000



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Green=List Price
Red=Sold Price
Blue Line=Days On Market
Click Here For The Signature At MGM Summer 08 Sales Graph
---------Bd-- Bth--- SQFT--- Lp--- ----SP
High ----1 ----2 -----874 ---$599000-- $580000
Low ----0---- 1----- 520--- $304900-- $300000
Average- 0--- 1----- 595--- $3798066- $367357
Median -1---- 1----- 520 ---$357450-- $355000



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Green=List Price
Red=Sold Price
Blue Line=Days On Market
Click Here Turnberry Place Summer 08 Sales Graph
-----------Bd-- Bth---- SQFT--- Lp --------SP
High ------3---- 5------ 4130 --$2995000-- $2600000
Low------ 2 ----2------ 1556--- $443000--- $443000
Average --2 ----3------ 2603--- $1273036-- $1125264
Median --2---- 3------ 2195--- $850000--- $715000