Dear Keith,
I just wanted to follow up and see if you are still interested in the W Las Vegas. As I mentioned in a previous correspondence, our residences are currently starting from $600k – and soon our prices will be starting from $650k once we open to the public. This VIP pre-public pricing phase is winding down rather quickly, so if you are interested in reserving a unit please let me know.
You know, I think the units come with FLAT SCREEN TVs!!!! So hey, $600 large for 510 square feet (yes, 510 square feet), no problema, because look, ma, FLAT SCREEN TV's!!! And I can be a VIP!!!
Isn't this one of the cancelled Las Vegas condo projects (yet)? And I guess the "waiting list" went kaput?
July 07, 2006
Got this from W Las Vegas today. Hurry! Prices for the 510 square feet units going up from $600,000 (yeah, right)
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this is a joke right? .........right?
Didn't you hear? Vegas is "different". LOL..
BTW, W is still kicking, they are advertising on the RJ like crazy. I even heard they are running spots as far away as Maine.
No one can predict how much houses will appreciate; therefore all we can do is see where they have been going. That said, houses continue to increase in value over time due to increased demand, limited supply and inflation.
I always think that now is a better time to buy a house, rather than waiting.
The number one reason is because inflation does not stop. So the same amount of money buys more now than it will in the future.
The second reason is that demand for housing, particularly in California, continues to rise as our population grows.
The first thing to do is to get pre-approved. I have a wonderful loan consultant at Eloan who will guarantee you the lowest cost mortgage. Would you like me to have her call you?
Thanks very much!
I got the above email I cut and pasted from a Souther Cali realt-whore. (sorry forgot to paste this)
I don't think CA is immune to this slowdown. I just heard from some friends who live there. Last year I was visiting them, and nearly got into a huge argument when I innocently stated, "It's the top. Maybe they would consider selling their rental". So, today, I hear, whine, whine, "the market is so dead, but we're putting the house on the market anyhow, to avoid capital gains". I think they may have missed the boat. I feined sympathy.
"This VIP pre-public pricing phase"
Wow wow wee wee. VIP's??? Like Paris Hilton, Brad Pitt, and David Hasselhoff will be there....cool. Dude just go to meet all the VIP's!!!!!
Very Indebted People
I'm actually getting the same treatment (VIP, don't you know?) from a community near Casa Grande but a flat screen TeeVee! Wooowee!
Always consult a REALTOR (haha).
I'm interested to see what happens with all these Condos. Last time I was in San Diego, there were so many (vacant) condos. Sure they are nice and presumably selling an urban (a fiction) lifestyle...but there is not much to do around these places beyond the Starbuck's/BB&B/HomeDepot triumvarate).
my wife's coworker bought a condo at the eclipse in alexandria, va. about 3-3.5 yrs ago and it included a PLASMA!?! whoa. plasmas are so cool! the funny part was that, this was bought in pre-construction, and i rmemeber thinking at the time, well yea plasmas go for 3-4k now but in 3 yrs when you can finally watch that beauty, they'll go for what 1-2 if that, plus will plasmas be the best technology then anyway? guess i was right. pretty smart on behalf of the builder, dumb on behalf of the buyer. of course, eclipse is delayed at least a year so that plasma is worth that much more/less.
So you basically missed out on $50k of appreciation. Sure, Vegas and condos are risky but if you scratch the surface a millimeter you'll see that you would get a unit in a very economically dynamic area with a considerable cash flow at a price similar to Manhattan, San Francisco and Miami. No it's not cancelled. Yes, it's backed by Starwood, the premier hotel company in the world.
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