The old school of thought was that the three most important rules in real estate were LOCATION, LOCATION, LOCATION. If you purchased a luxury home in Las Vegas in one of the best locations in the summer of 2007 your purchase still would not look so good. By contrast, if you purchased that million dollar luxury home now, at about half-off the 2007 price, your purchase is going to look smart for years. So, is it LOCATION or TIMING? Location is certainly important for a luxury home and it is wise to purchase in one of the best guard gated neighborhoods like The Ridges, Red Rock Country Club, Canyon Fairways, Tournament Hills, MacDonald Highlands, Bellacere, Canyon Gate Country Club, Anthem Country Club, Seven Hills, Eagle Hills, Queensridge, Spanish Hills, Lake Las Vegas, The Estates at Southern Highlands or any of the guard gated neighborhoods in Summerlin. However, history has shown that the timing of your luxury home purchase may be even more important. There is no better time to buy than right now! Call us at Luxury Homes of Las Vegas and make sure you don’t miss out on one of the best times to buy a luxury home in Las Vegas in over a decade. The new rules are TIMING, LOCATION, TIMING!