Originally Posted by lazycash

Actually, the Vegas condo market as well as the entire local housing market is in a major slump right now. I just sold my investment condo at the very south end of the strip. The build time ran way long and that extra time it took the build it cost me as the market is really slow right now. I still got a return on my investment, but nowhere near what I could of got had I been able to sell it a year ago.

I will say though, the investment PD is talking about most likely will not follow the normal local real estate trends as it is right in the heart of the strip and caters to the high end clientele. PD, just don't let the builder sell it for you when its done and you want to sell, they will rape you on commissions. Find a local agent and work a deal.