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| Condo-Hotels June Basic Stats | by Myra Hatten, Coldwell Banker Premier Realty |
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| Palms Place Hotel & Spa
2 units sold in June
26 Suites currently on the market starting at $245,900
Average sales price: $247,500
Median price: $247,500
$/sq. ft.: $402.44
The Signature at MGM Grand
4 units sold in June
46 Suites currently on the market starting at $270,000
Average sales price: $364,750
Median price: $310,000
Average $/sq. ft.: $358.76
Trump International Hotel
2 units sold in June
62 Suites currently on the market starting at $219,999
Average sales price: $239,000
Median price: $239,000
Average $/sq. ft.: $452.19 |
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| Top 10 Metros for First Time Homebuyers |
| Zillow's list of the best markets for first-time homebuyers based on median home value, strong home value appreciation forecast, high inventory and a high share of listings with a price cut.
1. Tampa
2. LAS VEGAS
3. Phoenix
4. Atlanta
5. Orlando
6. Miami
7. Detroit
8. Dallas
9. Nashville
10. Charlotte
Source: Full report |
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| Delta Hotel by Marriott is going up next to the Palms Hotel & Casino | | The first ever Delta by Marriott hotel is
being built next to the Palms Hotel and Casino. The 24-story non-gaming tower is only a short ride to the Strip and the Raiders stadium. The $100M project will feature retail space, 284 rooms, meeting space approximately 10,000 sq. ft., rooftop bar, and restaurants. It’s expected to open in 2 – 2 ½ years.
Source: Full article |
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| "One of the few things that can’t be recycled
is wasted time”
– Sean Covey |
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| Palms Place Suite 11306 |
| Property Type: Single Family Detached
Bathrooms: 1
Year Built: 2006 |
| MLS #: 2096469
Square Feet: 615
List Price: $265,000 |
| Lot Size: 0 ac |
| Popular studio suite with a FULL STRIP VIEW and balcony. This fully furnished suite is in excellent condition with stainless steel appliances, 2 flat screen TVs, king size bed and queen size pull-out sofa. Ownership features VIP check-in and concierge services. A world-class property minutes from the famous Las Vegas Strip.
Property Tour |
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| Did you know? |
| • 63% of first-time homebuyers are married couples, 18% single women, and 9% single men.
• 66% of first-time homebuyers say their primary reason for buying is a desire to own their own home.
• 33% of the housing market is first-time homebuyers.
• 82% of first-time homebuyers bought single-family detached homes.
• 68% of first-time homebuyers bought homes in suburbs or small towns.
Source: Full article |
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| © 2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. | An Equal Opportunity Company  Equal Housing Opportunity |
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