December 28, 2011
Winning Awards and New Buyers, Spire in Denver is at the Top
Sitting as the second highest downtown condo in the mile high city, Spire is elevating itself in more than one way. The Spire is a bold new development in downtown Denver, rising high over the bustling, snowy, December streets. These Denver condos were built for height, but it was not expecting such high praise.
Starting in 2009, Spire received the Rocky Mountain Real Estate Challenge “project of the year – multifamily”. This is a challenge between the University of Colorado and the University of Denver, teams face off to solve a complex real estate problem.
Next up, Spire received the 2009 NAIOP “development of the year” award. This award has many factors, from commitment to sustainability to design and many other factors.
At the 49th annual Downtown Denver Awards, Spire received one of six “Downtown Denver Partnership Award”. Awarded for providing both attainable and sustainable housing while introducing a new demographic of resident to downtown. Winners of this award are chosen based on their ability to contribute to the vitality of Denver’s urban center.
It is no fluke that Spire has reached these levels of acclamation; Spire is a LEED Certified building, providing modern downtown living at prices starting from the mid $200s. These new Denver condos provide residents the elegance of high-rise downtown living, while at a price that won’t break the bank.
Coming January 2012 – The Sanctuary in Seattle
You will soon have a chance to own one of the twelve beautifully designed residences at one of Seattle’s most known landmarks. The Sanctuary, located just outside of downtown Seattle, is set to begin selling in January 2012.
Each home is uniquely designed, with features rarely seen in new developments. The Sanctuary is a hybrid between classic, nostalgic architecture and new modern amenities and features. Each of the twelve homes has a unique floor plan, each with its own charm and quirks.
Very few Seattle condos can offer what The Sanctuary does, a piece of history renovated into modern elegant residences does not come along all to often. What once was the First Church of Christ, Scientist is now an elegant, unique living experience.
Do not expect these homes to last long on the market. Interest in these new Seattle condos has been high for a while now; The Sanctuary has already received multiple unit reservations. These unit reservations provide potential buyers with the first right to buy one of these new units as they are set to be on sale in January 2012.
This opportunity will not last long, homes at The Sanctuary combine the best of the old with the best of the new, high-rise quality amenities built into a historical landmark.
December 22, 2011
Home building spiked up in November to the strongest level in almost two years due to low mortgage rates and a surge in apartment and condo construction.
Housing starts shot up to an annual rate of 685,000 in the month, up 9.3% from October and 24.3% higher than a year earlier. Building activity easily topped predictions of 627,000 starts.
Find New San Francisco Condos & San Jose Condos
Helping to lift building was the fact that the average rate for 30-year and 15-year fixed rate mortgages hit record lows last week, according to Freddie Mac. And the latest National Association of Home Builders’ survey released Monday also showed a pick-up in activity, with the best level of customer traffic since early 2008.
Starts of buildings with five or more housing units nearly tripled from a year ago, to an annual level of 230,000.
It was the greatest number of starts of units of that size since September 2008
December 16, 2011
With all the emphasis on securing a home loan, you may forget how many amazing condos there are to buy and rent. A condo can be your home away from home, allowing you to delve into your favorite hobbies like skiing or golf while immersing yourself in some truly breathtaking landscapes. Here’s a quick list of 5 great places to buy or rent a condo:
Aspen—If skiing is what you’re interested in and money is not a concern it’s hard to beat Aspen, Colorado as a place to own or rent a condo. The area features three mountains within a five mile stretch of terrain. But you’d better really make sure money is truly not a consideration because this beautiful ski community is the most expensive real estate market in America. Here it might be best to look at a timeshare.
Beaver Creek—This is another great skiing community in Colorado where condos are considerably cheaper than Aspen. The ski area here has a permit to use the White River National Forest and you’re centrally located to check out the Copper, Breck and Telluride communities. Beaver Creek is also home to the annual Vail Valley Music Festival.
Palm Beach—Maybe golf’s more your cup of tea or you’re looking for a condo near the beach. Palm Beach offers a wide variety of deals on condos. From beach-front, 3-bedroom 4,000 feet luxury condos in Boca Raton to more modest dwellings in West Palm Beach, this area offers hundreds of condos and townhouses.
Smoky Mountains—The incredible mountain range stretching along the Tennessee-North Carolina border is home to a number of cities that allow skiing in the winter and river rafting in the summer. The beauty and serenity of the landscape alone is enough to consider securing a condo here. Pigeon Forge has a number of great condos, including Cedar Lodge, Whispering Pines, and others. Gatlinburg in Tennessee and Cherokee in North Carolina are other great cities to look.
Myrtle Beach—This beach community on the east coast attracts over 14 million visitors a year and in addition to its luxurious beaches it has been called the “Golf Capital of the World”, with over 120 golf courses to choose from. Oceanfront condos run pretty steep here, but more affordable dwellings exist because of the decline of the housing market.
If you look hard enough you can probably find a great deal on a condo in every major city in the world. The five destinations mentioned here should be on anyone’s short list for ideal places to buy or rent.
December 12, 2011
The Clock is Ticking at Olive 8
The chance to own a luxury condo at Olive 8 in Seattle is winding down. As of today, over 2/3rds of residences have been sold at Olive 8, revealing that affordability mixed with luxuries is the key to selling. The development team at Olive 8 has continued to encourage new buyers. After seeing great sales at a price 35 percent below the original list price, home prices were adjusted again many lowered another 8 percent. Olive 8 has had a strong year of sales, counting for much of the Seattle condos sold in 2011, and they plan to finish just as solid.
This improvement in the market can be attributed to the balance of supply and demand; downtown Seattle has seen a consistent increase of about 5 percent in both median condominium sale prices, as well as rental prices over the last year. Consumers are regaining confidence in the market, and Olive 8 has reaped these benefits. Analysts believe that consumers are trying to take advantage of the market before the predicted upswing of 2012, resulting in an increase in sales and demand for homes. With the amenities offered at Olive 8, there is no doubt that it is atop many prospective buyers lists.
The question now becomes, can this deal get any better? The development team at Olive 8 has answered that question, with a decisive yes. With the amenities of Olive 8, and the prime location there is not much that can be done to improve, but the development team thought of one last thing. Home Owner Association fees have been decreased by 15 percent. Resulting from the stabilized home values and high market performance, the home prices at Olive 8 have been adjusted to the customers demand.
Much of this continued success could be attributed to the LEED certification of Olive 8, creating an efficiently luxurious building. Given the buildings operational efficiencies and decreased utility consumption, it is clear why the team felt confident enough to continue lowering prices. The development company is feeling confident, they have almost paid off their construction loan, home prices have stabilized, and according to the management team the best inventory is yet to be sold. The
Olive 8 condos have set the standard for new developments in Seattle, and throughout the country, continued success in this down market proves that the right mix of affordability with amenities creates a successful product.
December 10, 2011
Location + Amenities: A Winning Combination for 655 Hope
It is time to recognize one of the finest new residential developments in Los Angeles, 655 Hope provides residents with the finest amenities at an ideal location. In one of the most historic and vibrant areas of Los Angeles, 655 Hope has provided an elegant and enjoyable living situation in on of the busiest metropolitan areas in the world.
655 Hope has heightened the quality of Los Angeles condos, unmatched in location and amenities 655 Hope has become one of the most sought after new developments. Located near the intersection of Figueroa Street and Wilshire Boulevard, 655 Hope is right in the heart of downtown. Just a few blocks away from the Staples Center, Nokia Theatre combo makes entertainment easy. Jump on into the Original Pantry Café, anytime of day for one of the best meals money can buy. Or maybe the one block walk to the Public Library is more your speed, or perhaps enjoy a beautiful Southern California day at Pershing Park, also just a short trot away. All of these LA attractions are literally a walk away from 655 Hope, not to mention the rest of the city is in your grasp being just a few steps away from the 7th Street Metro Center. Location is king in Los Angeles, and 655 Hope more than provides it.
A night on the town is always fun, but returning home should always be a treat, and 655 Hope condos provide that. The local attractions are needed, but so is a home that makes you feel, well, at home. A little bit of everything is offered at 655 Hope, the state-of-the-art fitness center, large business center (available for reservations), the indoor parking, and much more. High nine to eleven foot ceilings increase the already spaciously designed one to two bedroom units. Sized from 600 to 1,300 square feet, and priced from the mid $200,000s make 655 Hope a great deal, even in this down economy. The residence amenities are as expected from a top tier condo development. From the granite counters and the stainless steel appliances to the walk-in closets and high quality fixtures, 655 Hope is sure to impress. The architecturally appealing, intelligent floor plans create the perfect retreat from the busy Los Angeles lifestyle.
Unmatched, and unbelievable: 655 Hope has created a unique living environment for the Los Angeles local. With amenities only seen at the finest new condo developments, and a location central to the history and activity of LA, 655 Hope not one to miss.
December 9, 2011
Olson Homes Increase Sales as Home Builder Confidence Rises
National Association of Home Builders/Wells Fargo housing market index rises to 18
Seal Beach, CA. – December 3, 2011. Olson Homes reports an
increase in sales as home builder confidence rises according to the National Association of Home Builders (NAHB)/Wells Fargo housing market survey. The (NAHB)/Wells Fargo housing market index rose by four points to 18 -the biggest one-month gain since April 2010.
Derived from a monthly survey that NAHB conducts, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.”
Olson Homes has experienced a positive uptick over the last month as well: the highly popular and recently award-winning community Mosaic Walk (Garden Grove) has closed or is in escrow on all but 5 homes in the community; Rio Walk (Montebello) has 3 unsold units, Willow Walk (Compton) is 100% sold out, and Heritage Walk (Fullerton) is entirely sold out as well.
There are still homes available in Olson Homes’ newest community, Citrus Walk, and Olson Homes will be opening 8 new communities in 2012.
Citrus Walk is The Olson Company’s fifth new urban living residential development in the Covina area. The Citrus Walk community offers 37 townhomes and 8,000 square feet of new retail space along downtown Covina’s Citrus Avenue, with 12 flats over the new retail storefronts. The townhomes, each with approximately 1,580 square feet and three stories, have 2-3 bedrooms, 2 baths and 1-2 powder rooms, and 2-car garages.
The homes, built to exceed LEED green living standards, feature energy efficient amenities including Energy Star appliances; water efficient and lead-free faucets; highly water efficient toilets; auto shut-off motion sensors in all baths, space saving tank-less water heaters, and built-in recycle bins, among many other features.
The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to making the homebuyer top priority. The Olson Company has garnered prestigious Eliant Awards for homeowner satisfaction; including a recent overall win for Mosaic Walk, which was in first place from almost 900 nationwide home communities. The Olson Company believes in “livability,” and implements a thoughtful and detail-oriented approach from concept through execution. As part of their unique approach to creating these communities, The Olson Company understands all that goes into buying a new home and provides ongoing tailored services to support the needs of its homeowners, including financial education and the exclusive Homeowner Champion Program.
The Citrus Walk sales center is located at 158 Italia Street Covina, CA 91723. To learn more about Citrus Walk and how you can go take advantage of this opportunity to own new now, please visit CitrusWalk.com.
December 6, 2011
The Smartest Buy in San Francisco: 5800 Third Street
With the cost of living 84 percent higher than the national average, high home prices are taken for granted in San Francisco. The condos at 5800 Third Street are bringing quality and affordability together, in a way never seen in San Francisco before.
Between the 137 units, the seven floor plans, and the choice of one to three bedrooms 5800 Third Street has brought a new style of living to San Francisco. Ranging from one-level flats to two-level townhomes, San Francisco has not seen homes quite like this. Ranging from 900 to 1,700 square feet, 5800 Third has generously sized homes for sale at prices unmatched. Many units feature spacious bonus rooms as well as balconies extending off toward bay or courtyard views; creating large living spaces both in and out. Interiors are finished with the most modern amenities including high efficiency Energy Star appliances. 5800 Third Street was built sparing no tricks; each residence creates a space all it’s own.
The interior features are only matched by the community amenities. Three oversized courtyards, designed by award winning landscape architect Jeff Miller, provide great exterior living space. With the recent increase in bicycle usage, 5800 Third has included a community bike lounge to store and repair your bike, or to find a partner for a Sunday afternoon ride. Each aspect of 5800 Third was designed with the home owner in mind, creating an efficient and enjoyable living space. This can be seen by the inclusion of a dog bath, now homeowners have no worries that man’s best friend is going to get the carpet dirty. 5800 Third Street condos created a living space unmatched, with the homeowner in mind every step of the way these homes are unmatched in both style and affordability.
A home is San Francisco is defined by the location, and 5800 Third Street provides that superior locale. Located on the corner of Third Street, across from the Carroll Station, the new homes are just minutes away from everywhere in San Francisco. With 214 trains stopping daily, one mile to the freeway, easy bike path access 5800 Third Street sits at a prime location in one of the most vibrant cities.
5800 Third is now for sale, and homes will not be lasting long. Compared to other San Francisco condos, 5800 Third is unique and one of it’s own. In a city as ever changing as San Francisco, these homes will be sought after for many years to come, in a prime location with a mesh of amenities and affordability rarely seen, 5800 Third Street is a home that is sure to be enjoyed.
December 3, 2011
The Small Town Feel Around the Condos at Old Town Commons
Creating a mesh between contemporary necessities and historical style, the Condominiums at Old Town Commons is the definition of modern city living. Living in the heart of Old Town of Alexandria, Old Town Commons puts you a few blocks from anything from the Metro to the vibrant culture of King Street.
With about a dozen floor plans to choose from, the Condos at Old Town Commons can cater to each buyers needs. Ranging from one to two bedroom floor plans in the 600 to 1,000 square foot range these condos are the best of new home design in an Old Town setting. Competitively priced from $300,000 to $400,000, the homes at Old Town Commons may be some of the finest greater Washington DC condos.
Loaded with the newest amenities, and built to the highest specifications each condo has been created with the owner in mind. Walk onto oak hardwood flooring, by the stainless steel appliances, under the nine-foot high ceilings, and enjoy the view from your Juliet balcony.
Old Town Commons was designed to maximize enjoyment, and also efficiency. The Condos at Old Town Commons were built to LEED for Home Standards set by the U.S. Green Building Council. Individually insulated units paired with Energy Star heat and air units allow residents to depart from the harsh outdoors to a place of warmth and comfort. Low maintenance energy star windows paired with high-efficiency water heaters, and Energy Star appliances (including in home washers and dryers) help make Old Town Commons more environmentally friendly than the majority of new homes.
The Condos at Old Town Commons create a space for people to get away, to relax and unwind from their busy days. Weather it’s doing a little shopping down on King Street, or swinging by the farmers market on Saturday morning Old Town has a lot to offer, and the Condos at Old Town Commons puts you right in the mix of it all.
Latitude 33 – Unique Homes for a Unique Neighborhood
Located in the center of the Los Angeles beach community, Latitude 33 has created a variety of homes for the eclectic culture of the locale. Nestled between Marina Del Rey and Venice Beach, Latitude 33 has created three distinctive living options, each to suit the individual’s needs. From a hotel style mid-rise building to single-level units, Latitude 33 has created a selection of unparalleled homes in an irreproducible location.
The Boardwalk Collection
The most diverse selection of homes at Latitude 33 is the Boardwalk Collection. With townhomes, reversed townhomes and single level units, the Boardwalk Collection provides the option of many living styles. Each of these homes is finished with impressive features. The contemporary kitchens include granite countertops, stainless steel appliances, and Italian cabinetry. Beach living would not be complete without outdoor living, and private outdoor areas extend the inside out, extending floor space and living space. With a unique collection of floor plans and a level of luxury demanded in LA, the Boardwalk Collection is the place for active professionals looking for a place to be more than a home.
Prefer the Casual Beach Atmosphere?
Inspired by the “strand homes” seen through most Southern California beach towns, the Beach Collection at Latitude 33 is engulfed in the laidback atmosphere made famous by local surfers and beach bunnies. These three-level bungalows are constructed with the finest luxuries including luxurious soaking tubs, stainless steal appliances and large fireplaces. Residents are enticed outdoors with individual courtyards and light and airy interiors. Many homes are graced with views of the Venice Grand Canals. These beach townhomes offer many fine luxuries with the mellow atmosphere of the location, providing the perfect escape from the everyday hustle of Los Angeles.
Moving on ‘Up’
For those looking for a serene escape with unmatched views, do not miss out on the chance that the Sky Flats at Latitude 33 offer. Built to give you city views with out the city, private showings of the sunsets over the Pacific, and serenity not often found in Los Angeles. Built with the same fine luxuries as the Beach and Boardwalk Collections, paired with floor to ceiling windows, the Sky Flats create an exquisite environment.
Too Much to Choose From
Between the Boardwalk, Beach, and Sky collections there is plenty of living to styles to choose from. From a one bedroom one bath, to a three bedroom three bath, Latitude 33 offers more options than most people can imagine. Priced from the low $600,000s, and ranging from 1,200 to 3,100 square feet the homes at Latitude 33 are more than comparable to other Los Angeles condos, plus include the added benefit of the great location.
The New Neighbors
One of the main benefits of Latitude 33 is the prime location. In the heart of the Los Angeles beach culture, bordering Marina Del Rey and Venice beach, Latitude 33 is minutes from Abbot Kinney. Abbot Kinney is known for being the home to many art galleries, boutiques, and great nightlife. Abbot Kinney is known for being the home to the newest celebrated chefs, designers, and artists. Steps away from one of the most famous beaches, the Venice Boardwalk and Pier are the center of culture in Southern California. Latitude 33 offers some of the finest amenities in one of the most culturally vibrant areas; homes here will not last long.