Condominium Prices Stable at Turnberry Towers Las Vegas

LAS VEGAS, April 25, 2012 /PRNewswire/ -- Buyers of Las Vegas luxury condominiums at Turnberry Towers can be confident their home investment is secure. Recent reports show that the Las Vegas home sales are stabilizing as prices are going up and inventory falls.

Since the market realignment in 2008 home prices at Turnberry Towers have remained stable and are strengthening. "We know some properties have recently reduced wholesale prices; that's just not something we feel is appropriate given the stability we have seen at our property," says Turnberry Towers Executive Doug Cobb. "The Turnberry Towers ownership group is committed to securing long term value for our buyers."

Homeowners at Turnberry Towers know the value of their home is safe and see positivity in the market.  "We saw that Turnberry Towers consistently received great online reviews from owners and realtors alike," say homeowners Ted Lavretta and Linden Elwood. "We think hands down Turnberry Towers is the best deal in town."

Wendy Linow, Executive Manager of the Turnberry Towers Community Association, says, "Foreclosures and short sales have dropped off and our homeowners have taken an active interest in maintaining property values."

Rather than discount prices, Turnberry Towers periodically uses incentive programs to drive new sales at the property with success. Through the end of April buyers will receive 18 months of HOA dues included with their home purchase. "Inventory is running out in the Las Vegas luxury high rise market and we are certain our values and prices won't remain low forever; now is the time to buy," says Turnberry Sales Executive Karissa Putvin.

With mortgage lenders now offering a variety of mortgage products for home buyers at Turnberry Towers, confidence in the property is clear.

About Turnberry Towers:
Turnberry Towers is the premier high rise development in Las Vegas. With VIP amenities and located just one block from the Las Vegas strip Turnberry Towers features ten acres of manicured grounds with a total of 636 luxury homes ranging in price from $250,000 to $800,000. Turnberry Towers is located at 222 Karen Ave, Las Vegas, NV 89109. Visit http://TurnberryTowers.com for more information or contact the Turnberry Towers on site sales office at 702-732-9797.

SOURCE Turnberry Towers