las vegas real estate for sale - buy before the prices go way up - by Mike

Las Vegas Real Estate For Sale

Las Vegas real estate for sale you will find at fire sale prices in almost every part of town. Check with the sponsors on this page for the zip codes which are holding strong. Otherwise zip codes from 89129 to 89103 will present you with savings of more than 1/3 to 1/2 off their peak prices at the end of 2006. One thing driving up home prices is the fact land prices moved from $220,000 dollars an acre to more than $600,000 an acre in the last five years. In fact this accounted for the doubling and quadrupling in price of Las Vegas real estate from 2002 to 2006.

Buying Las Vegas real estate for sale will put you near a park, because Vegas is serious about putting parks like this one in the photograph within 5 miles of every home in Vegas. Vegas is more than the gaming capital of the world, it's also a fabulous place to live with stunning neighborhoods, great schools, dazzling parks, and friendly people. You will find new homes, resale homes and condos for sale in a wide array of choices and areas.

When residential real estate takes a downturn all the other real estate sectors follow. Over 1 million square feet of office space is available and more when you include subleases. There has never been a better time to negotiate a 10 year deal at the price you want, where you want. Let's look at why Las Vegas real estate for sale is perhaps one the best investments in the USA, if not the world.

Las Vegas real estate for sale can include a community pool just for your subdivisions' use, like the one pictured here. Elegant clubs that have pools, gyms, rec. room, tennis and basketball courts are often included in subdivisions that charge a low monthly fee of $30 make buying a home and living in Las Vegas very attractive.

In the next 5 years over $20 billion dollars in construction projects will take place on or near Las Vegas Blvd. These are the biggest construction projects in the world. One of the most powerful real estate companies in the world, the Dubai World Group, has committed over $5 billion dollars to MGM's "CityCenter Project" alone. CityCenter is already setting records for selling condos in their 4 towers: Vdara, Veer, The Harmon and Mandarin Oriental, even in this time of real estate uncertainty. It's my guess that many of these condo buys are for investment and will be resold as soon as their contracts permit for 2-3 times the money.

Buying Las Vegas real estate for sale will put you in your dream home like the one pictured here. Las Vegas is surrounded by mountains on all sides. You can live near them and still be 20 minutes from the Strip.

Fontainebleau Resorts is investing in the "Echelon Resorts Project" adjacent to the Stratosphere Casino to the tune of $2.8 billion dollars. Elad Group from Israel has bought the "Frontier Hotel" on the Strip for $1.2 billion dollars and plans to spend another whopping $6 billion dollars on development. Then there is Trump International Hotel and Tower. This $300 million dollar 64-story condo hotel is nearly finished and also nearly sold out. Smart investors are coming from around the world to get a piece of these properties. They don't want to live here year around. They want investments that will double their money. Condos are hot and will stay that way for 10 years in Las Vegas real estate for sale. Other huge projects up and coming include a first class sports arena, the World Furniture Market, the World Jewelry Market and the Lou Ruvo Brain Institute.

Las Vegas real estate for sale has no limits as pictured in this model for 'The Brain Institute,' designed by Frank Gehry and funded by Lou Ruvo. It is built near the World Market Center in downtown Las Vegas.

Charismatic community leaders like Lou Ruvo pictured here
raise millions of dollars for charity projects like 'The Brain
Institute' in Las Vegas real estate for sale.

Are you thinking of moving here? You should. Vegas is about to have an employee shortage. That means hiring bonuses and competition as corporations compete to get you. By 2010 Vegas will need 113,500 more employees to work in the resorts currently under construction. If Vegas does not get another big influx of citizens there will be 26,000 jobs unfulfilled. It is a great time to buy Las Vegas real estate for sale.