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Residential Condos
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Las Vegas high rise and mid rise residential living is just taking off, fueled by the baby boomer second home buyers and young professionals who are flocking to vertical living for all the fabulous upscale amenities and low maintenance required. To realize what a trend this is becoming look at these numbers :

In 2003 the Greater Las Vegas Association of Realtors reported 582 condo closings. In 2004 GLVAR recorded a whopping 4,398 closings, an amazing 650% increase! And the number of condominium closings is projected to triple in the Las Vegas real estate market over the next two years.

Currently there are over 80 projects "on the books" at the Clark County Planning Commission and more on the way. Builders are extremely happy with the new look of Las Vegas, as land costs have gotten so prohibitive it is hard for them to acquire any for single family dwellings that pencils out. And for a state in the middle of a 5 year drought, high rise building makes all the sense in the world, as it keeps water use to a minimum per capita.

Please call our office at 702-596-7821 to reserve your unit today!

 

 

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