Las Vegas High Rise Condo Foreclosures on the Strip-Low Prices & an Influx of Canadian Buyers Lead to Bidding Wars!
Challenging is the one word that can best describe the Las Vegas high rise condo foreclosure market. Multiple Offers! Highest and Best Scenarios! Investors Galore! This market sector has a sales velocity that is fast paced and surpirisng to thse whose feet on not on the ground in Las Vegas Strip Condo real estate.
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It is common knowledge that Las Vegas High Rise Condo Real Estate has struggled with a glut of foreclosures over the past few years. What makes this market sector differ from the rest, is that the prices in the strip area seem to have bottomed in 2009. If you wish to receive a LAS VEGAS DEPRECIATION/APPRECIATION MAP BY zipcode - click here to request one.
ZIPCODE 89109 Properties Appreciated 11% in 2010.
ZIPCODE 89103 Appreciated 1% last year.
These are the strip area zipcodes.
Given the above statistics, buying a Las Vegas high rise condo can be even more challenging than ever before if you want to get one at the right price. Buyers have been waiting on the sidelines for the market to bottom out in the high rise condo sector, and those in touch with the real facts and stats are jumping in to try to buy a strip area condo at 2009 pricing. Multiple offers and bidding wars are common. This is a market sector that requires a high rise condo specialist to guide you through the process. Otherwise, you may make an offer on the wrong stack/view corridor, a unit that overlooks a neighboring parking garge or the a/c units for the tower, just because the price looks attractive. THE STARK TEAM has sold hundreds of condos up and down and near the Las Vegas Strip since 2004. We are the number # 1 high rise condo expert agents in Las Vegas. Our experience will help guide you through the short sale and foreclosure purchase processes, and we know you will be happy with the results. That is how we continue to stay #1 in this arena. Our investor base of repeat and referral clientele is consistently loyal.
Due to the competitive nature of the buying process, it can be difficult, challenging, and frustrating to acquire the right property.
Utilizing the experience of The STARK TEAM on your side of the transaction will streamline the buying process.
The Stark Team Specializes in Luxury Real Estate in Las Vegas and Henderson NV, focusing on High Rise Condos on and Off the Strip, TRUMP TOWER Vegas Condos, SKY Las Vegas on the Strip, Turnberry Place and Turnberry Towers, Panorama Towers, Las Vegas Lofts, Retirement Communities in Sun City Anthem, Summerlin Real Estate, and Anthem, Inspirada, and Seven Hills in Henderson NV.
Las Vegas Condo Experts: Lauren, Travis, and June
To read more about these Las Vegas neighborhoods visit our websites at:
LAS VEGAS FORECLOSURE LISTINGS
THE ULTIMATE LAS VEGAS CONDO INFO WEBSITE
June Stark Lauren Stark-Scholl Travis Scholl
702 376-5220 702 236-8364 702 232-5376
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