The newest high-rise condo in Las Vegas has a new name and a new image:  The building formerly known as Panorama Tower North has been reborn as The Martin.  Last month The Mark Company took over all the marketing and on-site sales and rebranded the tower. Call it whatever you want, we love the corner units at The Martin.  The floor-to-ceiling walls of windows offer fantastic views of City Center and the Strip, and provide that "living in the sky" feeling so many high-rise buyers look for. … [Read more...]

As of January 2011, the inventory of high-rise condos for sale in Las Vegas has dropped to 345 from over 600 last year.   Of those, 48 are foreclosures and 114 are short sales.  As with any market, when supply diminishes demand starts to increase so we see this drastic reduction in inventory as a step in the right direction.  Pricing for condos in 2010 dropped 2.9%.  While that may look like a poor number it pales in comparison to 2009 (-33.8%) and 2008 (-51.4%). … [Read more...]