Monday, October 5, 2020 / by Jim Brooks
September 2020: High Rise News and Las Vegas Stimulus Program
Greetings from The Brooks Team!
While vacationers take advantage of cheap flights & low hotel rates for
weekend trips to Las Vegas, our high rise market continues to feel the effects
of COVID-19. Occupancy at condo hotels and hotels on the Strip currently
averages 35% compared to the average September 90%+ occupancy rate,
with shows and sporting events remaining closed to live audiences.
The overall temperature of buying & selling Las Vegas high rises is very flat
and buyer confidence remains low due to the uncertainty of COVID-19 and
questionable time frame of the Las Vegas Strip’s return to normal.
During this unique market, we continue to offer high rise owners multiple
options to consider: cash out refinances, flexible commission structure,
alternative rental options and a guaranteed sale offer.
If you’re thinking about selling your property, refinancing or putting a plan
in place to hold, schedule a free consult with your Las ...
While vacationers take advantage of cheap flights & low hotel rates for
weekend trips to Las Vegas, our high rise market continues to feel the effects
of COVID-19. Occupancy at condo hotels and hotels on the Strip currently
averages 35% compared to the average September 90%+ occupancy rate,
with shows and sporting events remaining closed to live audiences.
The overall temperature of buying & selling Las Vegas high rises is very flat
and buyer confidence remains low due to the uncertainty of COVID-19 and
questionable time frame of the Las Vegas Strip’s return to normal.
During this unique market, we continue to offer high rise owners multiple
options to consider: cash out refinances, flexible commission structure,
alternative rental options and a guaranteed sale offer.
If you’re thinking about selling your property, refinancing or putting a plan
in place to hold, schedule a free consult with your Las ...
