Credit For Housing Mortgages Now Takes Longer For Luxury Condo Buyers

Palms Place HotelCredit for housing mortgages now takes longer for luxury condo buyers in Las Vegas real estate.  Condo hotel units are currently appraised at a significant discount from the contracted price several years ago.  Some units are valued 30 percent less and the mortgage lender is lending on the current appraisal.  Most Las Vegas condos on the Strip had a deposit from 20 to 30 percent down.

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Golf Course Condos In Las Vegas To Be Auctioned As Low As $49,000

Monterey CondosGolf Course condos in Las Vegas Nevada to be auctioned for as little as $49,000 on Oct 26.  The nation’s largest real estate auction company will auction Monterey condos for sale at the Las Vegas Country Club.

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Customize Your Luxury Project CityCenter Interior With Robb & Stucky

Fashion Designer InteriorsCustomize your luxury Project CityCenter interior with Robb & Stucky Interiors.  Robb & Stucky, interior design and home furnishings retailer, has partnered with the Las Vegas resort to furnish some studios at Veer Towers with CityCenter.

Select luxury units will feature interior designer furnishing packages included included in the price of the condominiums priced at the $500,000s from Rubb & Stucky.

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Manhattan West Condos For Sale In Las Vegas Topped Off Element House

Manhattan West CondosManhattan West condos for sale in Las Vegas, Nevada real estate topped off Element House.  Element House is the nine story flagship building within the southwest development of Manhattan West.  It is located off of the I 215 and Russell.

Gemstone Development is continuing construction progress while others in the Las Vegas real estate market have either halted or stopped their projects due to the falling credit market and current economic conditions including Trump Towers Las Vegas, Plaza, Crown Las Vegas and Echelon on the Strip.

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Verge Downtown Las Vegas Condo: Need A Face Lift Or Is It A Pop Tart?

ForeclosuresVerge downtown Las Vegas condos have been on a sales roller coaster ride.  Last year there was a lot of press and hype about their one day condominium sales.  Lowered deposits fueled the excitement for downtown Las Vegas Nevada real estate.  Now the momentum has all but come to a screeching halt.

Verge developer is currently going through a $2 million redesign for the project located at Main Street and Bonanza Road in downtown Las Vegas, NV.

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Vantage Lofts Las Vegas Condos Filed Bankruptcy With $72 Million Debt

Vantage LoftsVantage Lofts Las Vegas condos filed for bankruptcy with $72 million in debt.  The Henderson real estate development company, Slade Development, last week asked for court protection due to the credit market crunch.

This move could have been seen since the sales office closed four months ago because subcontractors filed mechanics liens totaling $17 million for their unpaid construction work.  Assets are listed at $45 million.

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