April 29, 2008
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!
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!
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.
April 28, 2008
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
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.
April 21, 2008
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!
Midtown is not the only area of opportunity though in Atlanta. All of the surrounding neighborhoods are a wealth of new opportunity for condos. In the norht metro area, one project that is booming is One River Place by Trammell Crow Residential and The Halter Companies. This new development offers hundreds of new condominiums and townhomes ranging in proce from the mid $100,000′s to over $1 million. One River Place has one to four bedroom homes and sits just off Powers Ferry Road. Check it out today!
Of course, a booming metropolis such as Atlanta is subject to atracting major brands such as Trump Towers Atlanta in the Midtown Arts District. Trump Towers stands 48 stories tall, offering 363 new condos from $500,000 to over $1 million. The developers of Trump Towers Atlanta have incorporated beautiful touches throughout the contemporary high-rise building. The dramatic exterior architecture – designed by Atlanta’s Preston Partnership LLC – will redefine the Midtown skyline, and feature a combination of metal panels, stone, glass and aluminum, as well as opaque spandrel glass for privacy. Inside this architectural masterpiece, will be a warm and inviting ambiance that reflects the Art District’s lifestyle.
Regardless of where you are seeking to live in this fine southern city, Atlanta has something for everyone.
April 16, 2008
Here is a recent press release about our partnership with Reaestock.com:
RealEstock.com launched its full destination site today as the first global search comparison engine and online community dedicated to new and dynamic luxury property developments, resale properties, and diverse investment properties from the world’s most esteemed locations.
Featuring a portfolio of more than 1000+ properties in 40+ countries, RealEstock.com along with renowned partners including Sotheby’s International Real Estate Canada/Blue Print Global and NewCondosOnline.com, provides important buyers and investors the ability to discover, research, compare and assess worldwide residential and resort properties that best fit their investment and lifestyle goals.
According to Tim Vasko, Chairman and Founder of RealEstock, “RealEstock allows the buyer to grasp the lay of the land, and equally, allows the developers, through their vision and their teams, to share the dreams and plans for the area, whether it be a resort, or new hip urban lifestyle in the heart of an emerging skyline.” Vasko went on to add that “RealEstock is really about linking all these dimensions together — the present reality and the future dreams of both the buyers and developers — this is how the community is formed and how informed people will use RealEstock.”
RealEstock serves with adept precision as an aggregator, online listing community, and luxury auction site, seamlessly connecting property developers and premier real estate marketers to an affluent customer base in key international markets. Created by the founders of CMAEON, the real estate industry’s leading developer of software, business tools and digital solutions to help developers communicate with customers, prospects, suppliers and partners, RealEstock.com has also partnered with The Four Seasons Private Residences, Dockside Green, globally known as the leading GREEN developer, and 1000+ marquis property developers.
Access to RealEstock is complimentary and available worldwide for the international property buyer. Likewise, Developers can list and manage their properties and presence on RealEstock.com to drive presence for their properties and expand their footprint globally to interested buyers. RealEstock ensures a swifter and wiser investment by connecting all stakeholders in the real estate industry and simplifying the usually complicated process of researching, and ultimately purchasing, a premium property. RealEstock consumers will be able to save specific searches, cross-reference properties and monitor the progress of new developments. To further personalize and target the search for qualified buyers, RealEstock customers can create a “Property Wish List” request. When a desired property becomes available within their chosen search criteria, the customer will then be notified.
As the global leader in new condo advertisig online, New Condos Online was asked to partner with Realestock to showcase our thousands of clients through their portal. More strategies and technologies will be put in place over time to further solidify the value of this realtionship!
April 14, 2008
There is a omnipresent energy that one can feel when they walk throught the city of New York. I am here in The City this weekend and I must say that every time I come here, I love it that much more! What’s not to love about this place? (If you need an explanation, go research it on Yahoo cuz I’m not going into it). And the development here…wow! Everywhere I look, I can see a new condo building being erected. New York City condos are something that is on the mind not only of New Yorkers but also investors from around the world. You know the statement, when the US sneezes, the rest of the world catches a cold? Well, our condo market is sneezing right now but in fact, it’s having the opposite effect. The US is getting a cold and we are getting sick. What is the remedy for this cold? The British, Irish, and most Europeans. Not to mention, the Asians, Latin Americans and our favorite neighbour, Canada! Builders who market themselves to other parts of the world are seeing a rise in sales. It’s a no-brainer…kind of like internet advertising. It’s a must these days. With the weak dollar, builder’s must think creatively and start seeing the market place in broader terms. Builders need to start advertising more effectively and must think ahead of everyone else.
April 10, 2008
New Condos Online is proud to announce that we have been recognized as one of the fastest growing companies in San Diego! Biz San Diego held a competition to seek out local privately held companies that have experienced exceptional growth over the past few years. The finalists covered a wide array of industries from breweries to technology companies. The awards dinner was at The Prado in Balboa Park here in san Diego. Of all the companies in San Diego, 20 finalists were chosen. Of the 20 finalists, 10 companies won awards in order of their growth. New Condos Online was excited to find out that we earned fourth place! None of this would have been possible without our amazing users and clients. We will continue to improve our service and provide an exceptional marketplace for real estate.
April 9, 2008
Matzel and Mumford come together with Sherman Advertising in partnership with New Condos Online to exhibit and explore why Cresent Court will be the best place to be in CCity — Close to NYC, with dining, night life and entertainment just minutes away! Crescent Court’s location will provide easy access to Jersey City’s historic and vibrant downtown districts, as well as numerous public transportation options including PATH and Ferry Service to Manhattan. The New Jersey Turnpike is also close at hand, bringing the Garden State’s business and recreational pursuits within easy reach. This prime location is a great selling point for Crescent Court; the development offers the comforts of a great community with little traffic but a big city feel for its proximity to New York City condo developments and enetertainment.
The view from across the harbor is absolutely stunning and jumping on the PATH to visit the big apple is a cost effective alternative to the already congested city. The Jersey City Waterfront District is where Jersey City meets the Hudson River… and where you can see extraordinary views of the New York City skyline that simply must be experienced first-hand. Just take a stroll on the Hudson River Walkway. Against the stunning backdrop of Manhattan’s tall buildings, this remarkable route hugs Jersey City’s eastern edge as it winds through parks, piers and open space along the Hudson River and Upper New York Bay waterfront.
Crescent Court is a development that draws many homeowners from different walks of life, from the first time home buyers or just someone trying to get away from the hustle and bustle of everyday. The floorplans range from one bedroom studios all the way up to penthouse style suites with open rooms and expansive lofts.
Check out the other developments that Matzel and Mumford represent and built including Bayport on Lake’s Bay and many others!
April 8, 2008
NCO is proud to announce that we are opening up our newly upgraded agent community to ALL international regions. Agents from across the globe can post profiles, videos, listings, as well as network with other agents and create lasting business partnerships. The world is becoming increasingly more flat as technology brings us all closer together in one marketplace. Real estate is no different. Many American condo investors and buyers are looking outside the United States for new opportunities while foreign buyers and investors looking for new condos are looking here.
Real Estate agents worldwide are the glue that binds all of this together and an integral part of the transaction process bringing local knowledge and years of expertise to the table. In an era of online social networking, it makes sense to continue to provide new platforms for real estate professionals to meet and build relationships. New Condos Online continues to strive to create a productive, fun, and unique experience for our users, clients, and agents across the world.
Our new Agent Community is and always will be a FREE service so please do not hesitate to take advantage. List you new condo developments today and start networking!