Las Vegas has one of the most recognizable, and brightest, skylines in the world. Las Vegas strip views are popular with visitors as well as home and luxury condominium buyers. With the normally great visibility the views and activity of the entire valley are amazing.
That's why, when I saw this time lapse video, I knew it was something to share. It was shot by Phillip Bloom from one location, in one of the three tower condos of MGM Signature, just off the famed Las Vegas Strip next to MGM Grand. Titled '24 Hours of Neon', this stunning photography gives you a look of the resort, the boulevard, and the valley as day turns into night, and Las Vegas shines.
If unable to view the video player in the current syndicated post location, Click Here to watch on Vimeo
If you are interested in relocating to Las Vegas or would like more information on Las Vegas Real Estate, please email me, at Roberta@RobertaLaRocca.com,
or call 702-354-8988. I look forward to hearing from
you!
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Hi Roberta,
That first picture is nothing short of spectacular.
Don't know what camera/lens/filters you used, but it is a work of art.
Thanks
Phil
Thanks Phil!
It's actually a stitched panorama using a Nikon D90, Sigma 17-35 and a circular polarizer, shot at twilight in vivid color mode.
It’s so much fun to go to Las Vegas because there’s always something to do, at all hours of the day. Insomnia? Ha!
So true, Jim. Being available for clients 7 days a week can make for a crazy schedule, but any time I have some free time there's always something going on!
Hey, Roberta, I see this is your most recent post. Hope all is well, but don't forget to Play in the Rain with us.
Hi Jim! Been so busy with clients, and buying another home and making the move, just haven't had time. Preview of coming attractions...I'll have to write about my new Vegas view, and the sunsets are awesome. Here's a couple quickie pics, still have to shoot some good ones.
http://twitpic.com/64yjpo/full
http://twitpic.com/6jzhs5/full
Hope you're well!
What do you think the real estate market right now?
Las Vegas Allen,
It's really difficult to generalize about an overall market. There are so many variables that won't apply to individual situations or locations. Currently with new Nevada laws taking effect, foreclosures have slowed tremendously, and that is affecting supply.
It continues to be a very active market with cash buyers hovering around 50%, near record sales volumes, and at the moment inventory levels of available homes around a 2 month supply at recent sales levels. There continues to be a lot of competition, and a wide variety of property conditions. Move in ready homes typically carry a premium, and first time buyers often have competition from cash buyers, and can face issues with either property conditions that don't allow for financing or may be subject to seemingly unreasonable appraisals. Usually "extreme bargain" properties require additional investment, and that may exceed rehab funding limits. This is where cash buyers have the upper hand.
In addition to property condition you also have variations based on price range, location, and high or low concentrations of foreclosed properties. Comparable home price is often skewed by homes in need of rehab selling to investors and, obviously the local number of foreclosures and short sales.
So much depends on if you are seller or buyer, and where in the valley. If buying, what you are looking for, hold time, and funding source. Overall prices are low, often at less than the price of renting and with homes that can be priced at or below replacement cost. This combined with strong market activity that has been absorbing inventory since the downturn can make it attractive to many, but not necessarily for all. You really need to see what applies to your personal situation.