Investors hope to sell more than 200 condos off Las Vegas Strip

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LAS VEGAS — CityCenter developers are announcing a renewed effort to sell high-rise condominiums at the Strip development. at Vdara off the market. The building is now a nongaming hotel..

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Fewer than 900 condos, 800 single-family. “The older Californians who are looking to sell their properties for top dollar in California and move into a less expensive property here in Las Vegas.

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The selling pressure on Fannie Mae and Freddie Mac has been heavy this week after a Barron’s article published on the weekend made the case that both government sponsored entities would require a full fledged bailout. This was made clear even prior to the Housing and Economic Recovery Act of 2008 being signed into law. The challenge now becomes if they do go out and sell more stock that.