Park Towers (Las Vegas, NV)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
las Cash REMAINS KING in the Las Vegas Area Real Estate Market!!! It is important for every buyer in the Las Vegas Area Real Estate Market to understand who their buyer competition is in this currently competitive seller's market LV is enjoying! It is important to understand how a seller looks at each financing type: Cash Offers: Generally have less contingencies and quicker close times. A cash offer may be accepted even if it is lower than a financed offer. Conventional Financing: Less strict with lender required repairs but larger down payments and more strict credit guidelines. FHA/VA Financing: Requires more scrutiny with lender required repairs via appraisal. In general these take longer to underwrite and close so a cash or conventional offer looks more enticing to the seller. FHA ...
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By June Stark, Las Vegas Condos & Luxury Homes Expert
(Elite Realty-Luxury Homes & Condos On & Off the Strip)
~Park Towers Las Vegas Condos For Sale~ View All Park Towers Condos For Sale Located 5 minutes from the action of the Las Vegas Strip and a quick 10 minutes from McCarren Airport, Park Towers is home to 2 buildings, 20 stories each, that feature some of the largest luxury condos in Las Vegas. Each condominium has been customized by the owner, and square footage ranges from about 2000 to 5000 sq. ft. Built with luxury in mind, the grounds are lush and amenities plentiful. European style gardens, pool, spa, theater, business center, wine room, and top notch security, and underground parking make for a fantastic "lock and leave" lifestyle. Because of the proximity to the Vegas strip, some of these condos have spectaular views. And the location in Hughes Center offers a variety of restauran...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas High Rise Rentals: 296 Listed 1/15/2011 31 Under Contract 1/15/2011 568 Leased December 2010 5.1 Months Inventory Low Leased Price:  $650/Month (Wimbledon Tennis Club) Median Leased Price:  $1500 (Panorama Towers) High Leased Price:  $5000 (City Center Condominiums) Las Vegas High Rise Resales: 449 Listed 1/15/2011 200 Under Contract 1/15/2011 85 Closed December 2010 5.3 Months Inventory Low Sold Price:  $30000 (Lake Las Vegas) Median Sold Price:  $175000 (MGM Turnberry Signature) High Sold Price:  $1,750,000 (Park Towers at Hughes Center) This Market is extremely volatile due to the boutique nature and lack of condominium financing.    Read last month's report here. This report is compiled by using data from the GLVAR MLS. Data is gathered by the "HIGH RISE" field. Informati...
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