MGM CityCenter has been devalued to less than its construction costs. CLICK TO READ
With lending so tight and pricing at $700 psf for regular condos - non penthouse units - will buyers close escrow? Will CityCenter need to do further price reductions or buyers forfeit their deposits and re-look at the project later or others? Time will tell.
What is HOT? MGM SIGNATURE HOTEL-CONDOS at $150k + for studios! Is this realtor "puffery". I don't think so. Send me an e-mail & i will send you a list of all the recent closings at the Signature at MGM Grand and the sales velocity will speak for itself as well as the over list price closing stats in some instances.
Visit THE STARK TEAM on the web:
www.LasVegasForeclosureWorld.com
