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Current Resales on the Market in Las Vegas
Downtown Las Vegas
NEWPORT LOFTS - Resales (13) Range: $464k- $838k
SOHO LOFTS - Resales (27) Range: $459k- $4.7 mil
Streamline Tower - not completed can get pricing
The Verge - not completed sold out
Las Vegas Strip
Allure Las Vegas - Resales (5) Range: $448k- $494k - There are a few 1 beds around $425k available
Sky Las Vegas - Resales (56) Range: $399k- $5.9 mil
City Center - not completed can get pricing
Trump International - not completed can get pricing
Planet Hollywood Towers - not completed can get pricing
South Strip
PARK AVENUE - Resales (51) Range: $204k- $499k
Loft 5 - Resales (12) Range: $525k- $7194k
Boca Raton - Resales (4) Range: $399k- $700k
Onyx - Resales (1) Range: $810k
L5 - not completed can get pricing
Brickwater - not completed can get pricing
East Off Strip
Platinum Condo Hotel - Resales (84) Range: $369k- $1.1 mil (Furnished Condo Hotel)
TURNBERRY M G M GRAND TOWERS - Resales (152) Range: $369k- $2.2 mil (Furnished Condo Hotel)
METROPOLIS - Resales (17) Range: $499k- $2.5 mil
TURNBERRY PLACE - Resales (82) Range: $448k- $12 mil
TURNBERRY TOWERS - Resales (83) Range: $4396k- $1.4 mil
West OFF Strip
PANORAMA TOWERS - Resales (108) Range: $435k- $12 mil
Palms Place - not completed sold out
West Summerlin OFF Strip
C2 LOFTS - Resales (12) Range: $696k- $1.5 mil
One Queensridge Place - Resales (8) Range: $2.1 mil - $5.96 mil
THE MERCER - not completed can get pricing
Luxe Lofts - not completed can get pricing
Henderson Green Valley
The District - Resales (1) Range: $575k
Give us call if you would like to view any of these units
Verge Ground Breaking - Dec 12 th 3:00 pm

The Verge ground breaking event downtown has been set for December 12th at 3pm onsite. This is great news for a great project. We are glad to see it get off the ground. If you stop by you might see Mayor Goodman on hand celebrating the Verge Ground breaking. We will be sending seperate invitations out to our clients who purchased a Verge unit. There may be a few units available based on drop out so if you are interested please email us.
President's Dinner at Las Vegas Country Club 12-6-07

Devin Reese, 2007 GLVAR President made quick work of getting all of the certificates and honorees recognized. The event was capped off by Lee Barrett being recognized as Instruction of the Year.
Dinner and dancing commenced and everyone had a great time.
Clean up Las Vegas Graffiti 702-455-4509
If you see graffiti on any structure call a 24 hour voicemail hotline to report it. The Graffiti Hotline number is 702-455-4509.
If you catch a tagger or someone defacing any structure call 911 and report it to the police department.
This is non-profit line so support it to clean up Las Vegas. The number is being promoted by Kevin L. Child from Deiro & Associates
Holiday Season in Full Swing
Every year, builders do their best to unload inventory at the end of the year to clear there books. If you are waiting or sitting on the fence it might be time to talk a look at the inventory.
There are million dollar homes going for $600k with golf course views. Some are new homes others are resales that have never been lived in.
So if you are a buyer, who is interested in seeing what is available, give us a call at T8A.
NAR 2007 in Las Vegas

Trump Las Vegas Tower II 2008
Las Vegas is just one city that Trump is building high rise luxury condos in. He is currently either has built or is building in New York, New Jersey, Honolulu, Los Angeles, Chicago, Florida, Dominican Republic, Seoul, Toronto, Panama, Mexico, Connecticut and future development sites in Soho, NY, Atlanta, New Orleans and Dubai.
Trump dominates the luxury high rise market with his exclusive product and unstoppable brand.
Trump stands apart from other developments in Las Vegas due to the fact it is exclusive, high end and very expensive per square ft. If you are looking for exclusivity in Las Vegas give us a call to check inventory.
C2 Lofts - Starts Move-ins in Summerlin Las Vegas
Most units have huge floor to ceiling windows and some of the most high end upgrades available. The builder Christopher Homes has a reputation of designing and putting out a great product within the luxury sector.
C2 Lofts is located near red rock canyon, shopping and restaurants. There is also one of the most anticpated shopping malls being built across the freeway which is patterned after Fashion Island in Newport Beach CA. If you shop and live in Las Vegas this is a wonderful addition.
There are units available at C2 Lofts for sale and for corporate lease so call us if you have questions.
Is it really a BAD Market?
All of our clients who have purchased either a resale, bank foreclosure or new home have been pretty happy with the incentives and results.
Are my Sellers happy? "No" especially if they have to sell. They feel like they are wading out into waist deep waters knowing there are sharks swimming around. If they are not priced close to market most of them are getting offers 20% below asking. So not happy.
In 1999,2000,2001,2002.2003 it was a Sellers Market and Buyers were paying over asking and getting into bidding wars. The Buyers weren't happy when they were buying but in 6 months when they put that home back are the market and Flipped it for a nice profit, they turned into a Seller and they were happy.
Really, is there a Bad market or just a Buyers Market and Sellers Market. The market shifts back and forth almost like one of those wave machines that sits on your desk. It is sure to shift the other way.
Las Vegas continues to have about 6,000 new residents a month and tourism is maxing out McCarren Airport. There are many new residential and condo hotels on the verge of hitting the market AND MGM Mirage City Center is moving along nicely. By the way have you heard, City Center II on the north end of the Strip...
If you are buyer who is looking for something specific in Las Vegas give us a call we will research it to let you know if it is available and at what price. There are one bedroom units on the strip available for around 400k. Just give us a buzz
360 degree Marketing NAR Las Vegas 2007
NAR Las Vegas 2007 - What's New
The feature speaker today was Bill Cosby who with his humorous twist spoke to a packed room about the positives of the current market. A fun break from the hustle and bustle of the convention.
More coming soon...
NAR 2007 Las Vegas Seth Godin
The topic was permission marketing and how REALTORS need to stand out from the crowd to be successful. His hour and half seminar covered branding and how to utilize a changing market to get ahead.
I will be posting more about NAR soon about other exciting products and services at this years NAR show..
Town Square Opens on Las Vegas Blvd
Here are just a few anchor tenants located at Town Square:
- Abecrombie and Finch
- American Eagle
- Banana Republic
- Gap
- Lucky Brand Jeans
- Tommy Bahama
- Gymboree
- Aldo
- Skechers
- Kay Jewelers
- Bath and Body Works
and many more. Another great shopping mall opens in Vegas...
City Center Moving Along
Boca Raton Move-ins Start Oct 07
The 378-unit first phase has been completed and residents have begun moving into with more than 140 units closed. The developer is about 80 percent sold out with many units still available.
If you are interested in a luxury condo on the south strip, give us a call to find out what units are available and pricing.
Call for professional real estate assistance.
Olivia
702-372-2671
The Strand Lofts Coming to Las Vegas 2008
There aren't many details surrounding the new project The Strand but if it is anything like The Avenue it will be top notch.
Based on the Avenue there should be under 10 units so these will be reserved quickly. These probably are not units that you would purchase primarly as an investment to resell for a profit but an investment to live in based on the development's overall coolness.
For more info email or call me.
Olivia
Triple8 Associates Inc
5940 S. Rainbow Blvd. Ste 1007
Las Vegas, NV 89118
Direct 702-372-2671
Fax: 702-543-4845
Olivia@OliviaSellsVegas.com
Visit me online at www.OliviaSellsVegas.com
Manhattan Condos Gemstone Sued
Contact Callister Reynolds (Kim or Brooke) for more info:
Callister & Reynolds Law Offices
823 Las Vegas Boulevard South
Las Vegas, Nevada 89101
Phone: 702-385-3343
Fax: 702-385-7743
Model Leasebacks in Las Vegas 12% Cap Rate
2 Model Homes for Sale
Builder Lease backs Silverado Ranch Area -
- 2468 SF 3 bed 2sty, 3 car garage, POOL, full covered sundeck, retreat Includes all model home upgrades and furnishings - List Price: $609,007
- 2834 SF 4 bed 2sty, 3 car garage, 1 bed down, separate family/dining - List Price: $643,059
Builder rent back at Rent of 1% of sales price per month ($6090/$6430)
Min. 18 month lease with options to renew up to 18 months. Cash Positive with 12% CAP RATE and no one living in the unit so no daily wear and tear and no maintenance as builder will handle all.
15% Down Required for Stated Income or 10% Down for Full Doc. 3% For Closing Costs also paid
Thank you
Jason and Olivia
McClellan Team, Liberty Realty
2920 S. Durango Dr.
Las Vegas, NV 89117
efax 702-543-4845
www.oliviasellsvegas.com
Olivia McClellan, ABR, GRI, RRG
Liberty Realty, Broker/Salesperson, REALTOR®
Direct 702-372-2671
olivia@oliviasellsvegas.com
Jason McClellan, REALTOR®
Liberty Realty, Salesperson
Direct 702-218-3302
info@oliviasellsvegas.com
A quote we live by: "You will miss 100% of all the shots you never take" Wayne Gretzky
