So, Chevron - that somewhat big gas company - recently posted a little over a $5 Billion profit.  That's $5,000,000,000.00!!!!  With gas prices extremely high and with no notion of going south, consumers are looking for ways to save time in the car.  I read about Chevron and I thought to myself that owning in a mixed-use condo development in a hip area would be a very smart idea.  Think about how much gas you waste driving to the grocery store, drug store, coffee joint, gym, restaurants and whatever else, you use your car for. Now, just think if you lived in a mixed-use new condo.  Many of these new developments possess the intangibles that are really starting add up.  In San Diego, for example, many mixed-use San Diego condo developments are saving many residents of this city tons of money on gas.  My friends who live downtown in a mixed use developments are seldom driving unless they are driving to and from work.  They never use their car during the weekend as they have everything they need within a few floors from their condo.  Even if you're not living in a mixed-use development, but living in a condo downtown, you're going to reap the benefits and hopefully not contribute to the wealth in the Middle East.  Not to get poliitcal, but the majority of our oil comes from the Middle East.  If you don't wish to contribute to this, then I would suggest the following, move to a urban area where you don't need a car.  If you are in desparate transportation, by a bicycle.

NCO Capital is a division of New Condos Online.  NCO Capital has been in the news lately.    We've been very active at the largest real estate investing conferences for distresssed real esate.   We manage thousands of new developments and condo projects.   We were asked to attend because of our exposure and high monthly end-users who visit NewCondosOnline.   We play a very active role in the capital markets.   We represent the voice of the developers.   We have a responsibility to provide solutions to projects in struggling markets.   We're connected with the largest funds in the country to buy back units.   We also provide investors (cash only buyers) as sales vehicle into condo projects.  

Please view the latest confernece in New York.   I'm a keynote speaker on Wednesday May 28th. 

The Ninth Annual US Real Estate Opportunity & Private Fund Investing Forum. The Forum will be held May 27-28, 2008 at the Grand Hyatt, New York.

Here's the latest conferences that New Condos Online is taken part in.

Current/Past speaking events for NCO Capital:

1.      Participate speaker at the Distressed Residential Real Estate Conference at the Trump Hotel in Miami.  

Panama is one of the fastest growing real estate markets in the world; and Trump Ocean Club – one of the first luxury projects to enter the market, is “sailing” to the finish line.  Utilizing strategic marketing and offering a quality product, this gorgeous landmark is half-way built and almost fully sold-out.  Not all Panama City buildings, though, have the guarantee of Trump distinction and quality, which has resulted in an influx of marketing “tricks” to boost slow (or non-existent) sales.

One element of Trump Ocean Club’s success has been the team’s avoidance of short cuts or ploys, and a constant focus on creating (and delivering) the best, most exclusive and unique project in Panama. TOCs competitors have used all kinds of silly methods to save their projects, such as paying a celebrity to say they are "owners", throwing million dollar parties, giving away cars, etc.  The buyers have been smarter than that – they simply want the best product on the market, and they found it at Trump Ocean Club. In reference to the recent celebrity tales heard around town, celebrities that buy in a Trump building know they will never broadcast their information. TOC respect’s their client’s privacy immensely, that's what make it so exclusive.  The proof as they say is in the pudding – Trump Ocean Club has made constant sales each and every month, often tripling the numbers of even their closest competitors.

(February 21, 2008, Miami-FL)-Wyndham Resorts has set its sights on Costa Rica for their latest and most luxurious condo project; the real estate experts have chosen Jaco Beach as the grounds to create their exclusive and ultra modern property. Surrounded by stunning beaches and mountains, Wyndham Resort & Residences Jaco Beach offers the finest amenities combined with the world’s most breathtaking sights. Jaco Beach is one of the most desirable locations throughout Costa Rica for families, business travelers, and surfing aficionados alike. Yet, until now, options to own a luxury beachfront property in this “urban oasis” have been limited and sub-par.  Wyndham Resort & Residences Jaco Beach will create a new model for luxury living and vacationing through their magnificent beach front condo-hotel in Jacó, Puntarenas. 

Jaco Beach’s nightlife will be revolutionized by the chic Rooftop Sunset Bar atop the resort featuring breathtaking views of the Pacific Ocean. The bar will be the first of its kind on the beaches of Costa Rica. A plethora of activities will cater to the whims of everyone from surfers and fishers to golf enthusiasts with the area’s consistent waves, top sport fishing areas, and beaches. Of note will be the 18 hole golf course located less than 5 minutes from the property, as well as a public Marina for the avid boater and yachtsman. With such nearby activities and Costa Rica’s natural beauty, Wyndham Resort Jaco Beach will be a perfect destination for second home buyers, couples, and families.

Chelan, Washington is on the map here at NewCondosOnline.com! Beebe Ranch, a unique resort community on the shores of the majestic Columbia River, has come onboard with our program this week. This community features many "great outdoors" attractions, including fishing, water skiing, horseback riding, snowshoeing, and even a local vineyard. Some of the amenities at Beebe Ranch include a proposed marina, boat launch and 18 hole golf course, upon permit. Right now there are ONLY two more homes available, situated on lots 6 and 14, with gorgeous views of the Columbia River and The contemporary Tuscan Lodge design of these homes exudes sophistication and luxury. With 4012 sq. ft. of interior living, these spacious two-story homes come complete with 4 bedrooms, 3.5 baths and a 3 car garage, plus a bonus guest suite. From the wood wrapped columns coupled with a cultured stone veneer base to the presidential composite roof and Stucco siding, you will be living in the lap of luxury. The project is Located in Orondo, WA Just 5 minutes to Chelan and 20 minutes to downtown Wenatchee.

Belize is quickly coming onto the radar screen of many North American’s minds and is establishing itself as a popular ecotourism destination. The country which until recently was part of British Honduras, enjoys English as the official language, a strong, stable democratic government and a dollar that is fixed 2 to 1 against the U.S dollar. Real Estate in Belize is also becoming more popular due to Belize being the most affordable real estate in all of the Caribbean and the beautiful, un-crowded beaches. In fact, nearly 70% of Belize is either designated as National Park or is undevelopable. New Condos Online is excited to be working with an exciting project located on the Placencia Peninsula in Southern Belize.

Palmetto Bay Resort at Maya Beach is nothing short of spectacular. With 16 miles of white sandy beach clashing with the extraordinary Mayan Mountains and lush tropical scenery, owners will be in heaven in their new residence. The first phase of the gated resort, which is currently under construction, will be comprised of only 36 whole ownership, contemporary beachfront condominiums ranging from approximately 1,100 to 4,500 square feet, each with unobstructed views of the Caribbean Sea and extensive outdoor living space. Prices will start in the high $200,000s USD. I recommend that you check out Palmetto Bay soon!

Check out the Belize new condo development for yourself!

As we have all heard, the strength of the Euro has improved European travel and spending in the United States.  It has also kept certain real estate and condo markets afloat while others have been struggling.  New York condos have continued to sell to wealthy Europeans and is a great example of a marketplace supported by the strong euro. 

Investment is Florida condos has slowed while buyers wait to see what happens with the pending recession and the decline of the housing market.  We are at or near the bottom and many realize that it is a good time to buy condos at a great value as long as one plans to hold onto the asset for a while.  The Florida housing market may not be benefitting from European buyers as much as it was a year or two ago, but the condo rental market is strong.  Many buyers have their homes, vacation condos, and investment condos up for rent.  Some of the best renters out their now are Europeans.  Florida is still a great place to live and a hot travel destination despite the economy.  Europeans tend to stay longer than a few nights and come here to spend money!

Last quarter in some areas of Florida, condo rentals outperformed hotel occupancy.  Vacationers enjoy the privacy and beachfront locations of many of the vacation condos up for rent.  Most of the time, condo rentals in good locations have been much more expensive than hotel rates but that is not the case anymore.  Owners want to ensure they have some rental income to assist with the mortgage payments...some is better than none!

Right now is one of the best times in recent history to buy a new condo. With interest rates near all time lows and developers offering amazing incentives and discoutns to move units, home buyers have a lot of condo units to choose from across the country right now. There are also some great deals to be had right now if you would like to enter the world of condo investing.  We have a great new condo investment club here at NCO called NCO H Club. Our team has put together a great program that allows all kinds of investors from small to large to take advantage of this great opportunity in the market right now. Check out more about NCO H Club right here

http://www.newcondosonline.com/condos-investors/

We are bringing on new offerings every week along with a brand new project in Florida that we have an incredible deal on for 82 units. Consider signing up for free for NCO H Club and learning about our product offerings and how we have helped other investors enter this market.

Atlanta has been one of the fastest growing metropolitan cities in our Nation for a long time.  Much of the is growth is derived from job opportunities and massive amounts of new residential construction.  Atlanta has been popular with the young professional crowd as well for some time.  The nightlife of Buckhead and the midtown area is flooded with great dining, bars, nightclubs, and entertainment.  The construction of many new Atlanta condos have provided new homes for current residents as well as young people moving to the city every year.

As I mentioned above Midtown Atlanta is a very popular and centralized location with many office buildings, hotels, and new Atlanta condo high-rises.  To name a few new condo developments in the midtown area, they include Luxe on 14th street, Aqua Midtown on 10th Street, and The Reynolds on Peachtree.  One of the great aspects of buying new homes in Atlanta is the affordable prices.  The new condos just mentioned have units ranging in price from only $144,000 to the mid $400,000's.  Compared to the ret of the major cities in the United States, these are unbeatable prices!

New Condos Online is proud to introduce another exiting partnership!  We have joined forces with Realestock.com to provide all of our clients their cutting edge technology platform.  Realestock.com is a new site that features luxury condos and homes and creates a community of two way communitcation between buyers and developers/sales representatives.  Realestock.com provides users with a safe and easy to use portal for viewing new luxury condo and home communities and for gathering the necessary buying information.

Realestock.com has hired Edelman, the largest PR firm in the country, to support the launch of their exciting new platform.  Realestock.com is not a traditional listing site nor does it stive to become another MLS flooded with all types of listings.  The site will focus on luxury lifestyles, new condos and urban communities, resort communities and luxury estates.  Users will be able to communicate directly with the sales representatives through chats, forums, and blogs. 

Another exciting feature of Realestock.com is that users can become members of this exclusive world of luxury real estate offers for FREE.  Users can post profiles and be alerted of upcoming events, grand openings, special offers, etc.  As the leader in online marketing for new condo developments and luxury home communities, New Condos Online was invited to be a featured partner of Realestock.com.  This means that all of our valued clients will also be featured on Realestock.com and benefit from their agressive technology and PR efforts.  We plan to grow the partnership with combined marketing and PR efforts.  More exciting things to come...