Las Vegas High Rise Rentals: 239 Listed 9/15/2012 19 Under Contract 9/15/2012 77 Leased August 2012 Low Leased Price: $698/Month (Lake Las Vegas) Median Leased Price: $1690/Month (Turnberry Towers) High Leased Price: $6250 (One Queensridge) Las Vegas High Rise Resales: 491 Listed 9/15/2012 156 Under Contract 9/15/2012 59 Closed August 2012 Low Sold Price: $25000 (Wimbledon) Median Sold Price: $215000 (Newport Lofts) High Sold Price: $1300000 (City 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. Information is deemed reliable but not guaranteed. What Areas Do You Cover for your Las Vegas Area Real Esta... 10/27/2012

It has been a tough few months for the Las Vegas casino operator. It has been using all its creative means to stay out of the clutches of bankruptcy. The economy has been very unkind to it, and the rest of the Southern Nevada's gaming firms. Not only that, but the slumping real estate market here has weakened the city's overall viability. To top it all off, it was recently sued by Dubai World, the 50-50 joint venture partner on CityCenter, for alleged project mismanagement. A new page was just turned on the development, however. MGM Mirage and Dubai World have obviously patched up their differences and are now committed to finishing up the $8.5 billion luxury condominium, hotel, casino, retail, restaurant and entertainment complex. They even managed to convince the participating lenders... 04/30/2009

 What will the Real Estate market be like in 2009?  Non stop construction at MGM City Center- Las Vegas, Nevada  Building continues at the MGM City Center and over half of the towers will open in December of 2009. Construction will continue with the following towers after the Grand opening.  There are rumors floating around about funding, etc., these are just rumors and I really can't see anything stopping the constructing of the second largest project in the world.  I took these photographs one month ago and if you look real close at the photo below this one, you can see a football shaped construction on the ground. This is going to be one of the swim pools for the (Vdara) Tower.  Anyone that is reading and viewing this blog, I am a Licensed Real Estate Agent and I can help you purcha... 12/27/2008