Las Vegas real estate??

One of these days, Las Vegas real estate prices are going to turn around, so I am always watching emails and online ads.

This email ad caught my attention, and I am copying it here to get your comments. it's about a fully owned unit in the Jockey Club:

Didn’t think you could afford Las Vegas real estate? Now you can own a condo right on Las Vegas Boulevard for only $125k!

Sneak preview - own your piece of the fabulous Las Vegas Strip for a fraction of the usual cost. Located right between the between the beautiful Bellagio and the vibrant MGM City Center in the heart of all the action, this rare Jockey Club condo is just right for the perfect vacation getaway.

Just listed - lovely 9th floor unit with one bedroom one bath unit and full kitchen is fully furnished with everything you need in a holiday home. As an owner, you can take advantage of the Jockey Club’s fitness center, pool, sauna or business center, and then stroll casually out the front door to the finest restaurants, shops and shows in the city.

Want to know how great of a deal this is for Strip front property? Next door the MGM City Center condos start at $400k plus. The Jockey Club was actually built as a timeshare project, but a few of the units are privately owned, and this is one of them. They don’t often come on the market, and this will truly go fast once the photos and description are posted in our MLS.

So call us fast at 702-985-7654 – first come, first served!

Sincerely,
The Tonnesen Team

Who would have dreamed in 2005 when studios at the Cosmopolitan were selling up to the $800k mark that one day you could get something on the Strip below
$150k?!! But I have to say, just between the end of October and the end of November, single family residential inventory went from about 11,000 on the market down to about 10,000 on the market and there was a slight (very slight) uptick in sales prices. (There were almost 25,000 homes on the market in 2008.) So maybe the worst is behind us and we are starting to see slow growth again.

Las Vegas Real Estate

I bought my first house yesterday - and got downpayment assistance!!! I have to recommend my realtor - Kurt at www.homesforsale.vegas. He used to be a building engineer and went to the house every week - free of charge! Im glad I didn't choose a perky pretty lady that knows nothing about construction.