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Here is what buyers received in seller paid concessions on September 2009 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) Closes:
This pretty much means that sellers aren't giving up much of anything since Las Vegas is a Seller's Market and in dire need of sellable inventory!
copyright 2006-2011 Renee Burrows, REALTOR®, The Force Realty 702-966-2494
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1 comment • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • October 09 2009 05:42PM
We have seen the Las Vegas, NV high rise real estate market as a challenged market with an abundance of resale inventory. For several reasons:
Here are the high rise stats:
Rentals:
Resales:
Rental inventory has increased from the last report. Resale inventory absorption rate has gone up by 1 year in one month. THis is how volatile this market is. Read last month's report here.
This report is compiled by using data from the GLVAR MLS. Data is gathered by the "VERTICAL" field and the "RESIDENTIAL" field using "CON" as subtype and "HIGHRIS,LOFTLIV,PENTHSE" equals any for building description. Information is deemed reliable but not guaranteed.
Read the most current market report for the Las Vegas High Rise Sector right here.
If you are thinking about buying or renting a high rise condominimum in the Las Vegas area, please call 702-966-2494. Press 1 if you are a buyer or press 2 if you are a renter. For financing options press option 3. For selling or leasing/property management press option 0. We will not list condos that have not yet closed with the builder or are not interested in contract reassignments. Para español presione el cuatro.
copyright 2006-2011 Renee Burrows, REALTOR®, The Force Realty 702-966-2494
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4 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • January 05 2009 10:36AMContent © 2009 'Frequent Contributors'. Design © 2009 ActiveRain Corp.
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