There has been some interesting activity within the High Rise Condo market here in Las Vegas and no one is really talking about it. So far since the beginning of this year there have been over 390 high rise condo sales under the high rise category on the MLS in Las Vegas NV.  Last year we had almost 600 total sales in the High Rise Condo market and this year seems to be right on track to surpassing that number. Last month in May 2010 there were a total of 79 condos sold under the High Rise condo category on the MLS making it one of the most active months in 2010.

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Hello everyone and thank you for joining me today for this special announcement. For those of you who may not be familiar with who I am, My name is Makea Turner and I am a Realtor here in Las Vegas with Realty One Group. The reason for this special announcement today is to inform potential buyers who hold contracts at the under construction Cosmopolitan resort that the owner of the project, Deutsche bank is not playing ball with buyers.

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Clark County has ordered MGM Mirage to verify that CityCenter’s towers are structurally sound.

The order, in a letter Monday from Development Services Director Ron Lynn to MGM Mirage Vice President Bill Ham, came six months after significant structural defects were found at the Harmon, one of seven buildings simultaneously rising at the company’s $9 billion project.

After the engineer of record on the project raised concerns, the county determined that 15 floors of reinforcing steel at the Harmon had been improperly installed by subcontractor Pacific Coast Steel, which is overseen by CityCenter general contractor Perini Building Co.

The problems were repeatedly missed by third-party private inspector Converse Consultants, hired by MGM Mirage to ensure the complicated