The Movable Buffet

Dispatches from Las Vegas
by Richard Abowitz

Category: condos

Boom or Bust?

July 13, 2006 | 12:24 pm

Yesterday, the Review-Journal provided this summary of the state of Las Vegas condo market:

"A market snapshot shows 135 projects with 91,934 units proposed for Las Vegas, including 2,321 existing units, 1,379 canceled units and 6,888 suspended units. About 13,500 are under construction and 16,286 are planned and pre-selling."

So, does that mean now is a good time to buy or not?

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