[The_Analyst]

Cosmopolitan does have one of the best locations, particularly for those looking for a weekend getaway place, rather than a full time home. Aside from price and a general slow down in the market at this time of the year, I suspect that time to completion has something to do with it as well.

When you think about it, someone who is in the market for a half or full million dollar pad might want to move in to something sooner rather than later. Cosmo beach tower is several years away. But, with Panorama, Sky, MGM, etc. all coming on line soon, buyers might be hoping to find something available now or within a year.

Before the boom, there was no alternative to waiting since there was nothing already available. Now, there are some options that might be available sooner.

By the way, I got an e-mail from Las Vegas Central for an exclusive preview next week. So, looks like they are moving forward with their sales efforts finally.