March 29, 2012
Introducing Turnberry Towers: A New Class in Las Vegas Living
Las Vegas is known by most as Sin City, a place for weekend getaways not to be remembered, but some people know the Marriage Capital of the World simply as home. With new residences sprouting up throughout the city people are staying in Vegas.
Turnberry Towers has become one of the main influencers keeping people in town. Located one block East from the strip, Turnberry Towers offers an endless list of amenities and luxuries sure to be approved by the most discerning eye.
Turnberry Towers offers spacious floor plans to meet your every need. The one to three bedroom homes boast views of the strip and local mountains. Living at Turnberry Towers might be the closest thing to living in a luxury hotel. Amenities include fitness room, tennis courts, swimming pool, and a concierge just to name a few. Homes offer one to three bedrooms, one and a half to two and a half baths, with floor plans ranging from 915 to almost 2,000 square feet.
Homes at Turnberry Towers include many amenities that elevate the building to a higher level than other Las Vegas condos. Much like the city, the service staff never sleeps as well; services include 24-hour concierge, 24-hour valet, and 24-hour guarded gate entry. Unlike other condos, Turnberry Towers includes a terrace off every bedroom to maximize the beautiful views of the surroundings. Turnberry Towers mixes the best of Las Vegas with the best of private secluded living.
Home prices in Las Vegas have seemed to level out, sales have begun to increase and the end of the housing crisis may be within sight. Prices have risen slightly, and inventory is continuing to drop. While the East tower is nearly sold out, the west tower has residences still remaining. Prices at Turnberry Towers have been reduced up to 55 percent from 2008. On top of the currently low prices, Turnberry Towers is offering 18 months of free HOA dues on contracts signed before the end of April. Turnberry Towers’ homes start from the $250,000s and are available for immediate move in. This may be one of the best deals currently offered on any new Las Vegas homes for sale.
Is Now the Time to Buy a New Home in Denver?
Home prices have begun to stabilize across the nation. Home prices have begun to trend upward in cities like Seattle, Denver, and Minneapolis. Some harder hit areas such as Phoenix and Tampa have shown modest rebounds. But some areas in the country are still hurting, Atlanta, for one, has witnessed continued falling prices and have now hit a 14 year low. Buyers looking to strike at the right moment may have missed the bottom of prices, but affordable homes are still available, buyers just need to look in the right places.
One spot a potential buyer should check is the Spire condos in Denver Colorado. These luxury condos located in the heart of Downtown Denver are unlike any other Denver condos. Spire offers architecturally inspired homes with designer interiors, endless views, styled finishes, and sustainable features. Homes at Spire include walls of glass allowing for tons of natural lighting and spectacular views. The modern interiors include natural materials and beautiful amenities. Chefs of all skill levels will feel right at home in the masterfully designed kitchen with premium appliances and natural stone counters. Spire brings luxury and exclusivity to Downtown Denver.
Spire’s amazing amenities are not the only reason to consider buying a new condo, the building is also LEED certified. Buildings that receive the Leadership in Energy and Environmental Design award, improve the resident’s lives on multiple levels. Homes built to these qualifications are both smart and responsible. Home owners enjoy better indoor air quality, naturally bright living spaces, amazing energy efficiency, eco-friendly materials, all of which add up to a home that keep heating, cooling, and energy bills to a minimum.
Join Spire this weekend March 30 through April 1 for the SkyClub Sales Event. Offering up to $50,000 in flex dollar savings on SkyClub residences. The SkyClub represents the very height of Spire living, the most luxurious homes on the top floors provide wrap around views, upgraded finishes, and expansive balconies. SkyClub residents also have access to the exclusive lounge on Spire’s penthouse level. Be sure to stop by this weekend between 12 and 5 pm to take advantage of this amazing deal.
March 27, 2012
The Loan Star State: A Breakdown of Current Real Estate Market Conditions in Texas
Temperature is not the only thing increasing in Texas this year, home sales by volume has seen an increase in the first quarter. The sales of single-family homes in Texas increased 6 percent in the fourth quarter of 2011, and have continued to increase since. But this good news comes simultaneously with a three percent decrease in home prices nationwide. The number of San Antonio homes sold saw an increase of 12 percent, with a smaller 0.7 percent decrease in home prices.
Prices have slowly began to stabilize, and more people re beginning to shop for houses, which means the demand for loans will increase as well. Texas mortgage companies saw an average increase of closed loans of about 30 percent. A flat real estate market is clearly not the turn around in the market, but it does show improvement over the previous two declining years.
With the subtle improvements in the market, many investment firms are beginning to return to the Texas real estate market. MIG Real Estate plans on $600 million in investment over the next year, the Newport Beach California based company will continue investment in California, Arizona, Colorado, and will also begin branching into the greater Texas markets including Dallas, San Antonio, and Houston.
For those fortunate enough to be able to afford a new home the Texas market is a great prospect. But many Texans cannot afford the home they are already living in. About 1-in8 Fort Worth homeowners has a mortgage worth more than the value of their home. Recently a group of protestors demanded increased aid for underwater homeowners. Yet, Texas saw no change in refinances over the last few months. The Home Affordable Refinance Program is the driving force behind the small growth in refinances.
The newly renovated HARP will play a large role in many states hit hard by the housing recession. Texas, Colorado, and Arizona for example will see a large proportion of refinances as the new HARP loan terms are implemented throughout the country (expected to be nationwide by end of March). Follow the link to check you HARP Loan eligibility. These states should expect to see an improved market, and eased mortgage pressures over the next few months.
Nationwide, about 22 percent of homes with a mortgage were underwater by years end. Underwater loans in the Texas region accounted for over 12 percent of all loans, with another 6 percent nearly underwater. The real estate market is still hanging on, and HARP should improve the ability to pay for many homeowners.
March 23, 2012
The original Home Affordable Refinance Program was far too restrictive, and many of the nation’s struggling homebuyers did not qualify for help. The new HARP 2 program is a complete overhaul, and the new requirements should prove to be much more useful to homebuyers across the nation.
The original HARP program had one especially stringent requirement; a hard ceiling was placed on the loan-to-value (LTV) ratio at 125 percent. When the housing market collapsed homebuyers saw their LTV ratios shoot through the roof due to lowered home values.
The revamped HARP 2 program eliminates this LTV ceiling, as well as adjusted other requirements, all of which should prove to be more beneficial to home buyers.
Additional qualifications include:
- Home loans must be owned or guaranteed by Fannie Mae or Freddie Mac.
- Originators must have sold the loan to Fannie Mae or Freddie Macon or before May 31, 2009.
- The LTV must be higher than 80 percent.
- Payments on the mortgage must be current, with no late payments in the last six months and no more than a single late payment in the last year.
- Finally, the loan must not have been refinanced through HARP already, unless it was a Fannie Mae loan refinanced between March 2009 and May 2009.
Lenders are beginning to offer HARP 2 refinances, and they should be offered nationwide by the end of March.
Click on the link to check your HARP Loan eligibility.
March 20, 2012
Downtown San Antonio’s Vidorra is Now 70% Sold
The premier luxury downtown San Antonio high-rise development is now 70 percent sold out. Just steps away from downtown’s finest, Vidorra defines luxury living. Homes with spectacular views, a convenient location, and all the amenities one can need.
Downtown San Antonio
Located in the St. Paul Square National Register Historic District, Vidorra is just steps away from downtown’s finest restaurants and entertainment venues. Vidorra is the commuter’s dream location conveniently located next to the area’s major freeways, also Vidorra is located on the downtown trolley route providing extended access to San Antonio. The Vidorra condos are a central location to the arts and cultures of San Antonio.
Vidorra has the perfect spot for any occasion, morning or night, rain or sun. Residents can work from home and host meetings in the private conference room and business center located just of the impressive lobby. Once the works is done, head up to the Sky Room, and have an enjoyable evening with friends and neighbors. Start your morning right with a workout in the professionally designed modern Fitness Center. The amenities don’t stop there; the building also includes an outdoor swimming pool, a concierge, and much more.
Living at Vidorra
These San Antonio condos are unmatched in beauty, quality and luxury. The homes are single level with one, two, or three bedrooms and range in size from 1,000 to 2,556 square feet. Prices range from the $200,000s to over $1 million, but the homes are well worth the price. Luxury finishes within the homes include wooden floors, granite countertops, stainless steel appliances, and private balconies in each home. Each home includes private assigned parking, with one or two spaces per unit. Vidorra features some of the city’s best views, with the 146 unit building being 70 percent sold out, these views will not be around forever.
70 Percent Sold
Vidorra is now 70 percent sold, but with plenty of one, two, and three bedroom units remaining, Vidorra is still a hot ticket item. At Vidorra skyline views and downtown adventures are the everyday norm, residents enjoy luxurious living just minutes away from their favorite attractions. Whether it is a peaceful walk down the tree lined paths, or a night out at a music event Vidorra has plenty to offer.
March 16, 2012
Introducing Harbour Isle on Anna Maria Sound
Located on Perico Island, minutes away from Anna Maria Island, is Harbour Isle, a collection of new luxury condos in one of the most desired vacation spots. Designed and built by the award winning Minto Communities, this new collection of 686 condos brings affordability and luxury to the Sarasota area.
Offering two to four bedroom condos, and boasting two to three baths the new condos are the perfect fit for just about any homebuyer. Priced from $350,000 these new condos are also quite affordable compared to other Florida condos. This master planned community boasts new condos as well as new-detached homes.
Harbour Isle is placed in an ideal location, in an area known for white sandy beaches, emerald Gulf waters, award winning restaurants, and amazing culture. Homes include amazing views of Anna Maria Sound, access to miles of jogging and bicycle paths, as well as the communities own Coconut Island.
The amenity list just keeps growing. Plans include a private beach club with snack bar and seating. For the boat lovers, extension plans include a 100+ slip marina and a kayak launch. The community offers amazing amenities, including the Mangrove Walk Pool.
You can now experience Harbour Isle’s six new model homes, beautifully designed in southern coastal resort-style architecture. It now time to view Minto’s innovative floor plans, as well as fantastic included premium features. Homes range in size from 1,621 to 2,960 square feet, providing plenty of living space to grow and enjoy your time.
Harbour Isle has won multiple awards, including Best Overall Multi-Family and best overall development. Homes are now selling; so don’t miss your opportunity to check out these great homes. Perfect for retirement, vacations, or just a new home; Harbour Isle is the perfect location for just about anyone.
March 9, 2012
California Real Estate: An Analysis
As experts argue over the recovery of the real estate market, potential buyers are wondering if now is the time to buy. Even the “Oracle of Omaha”, Warren Buffett, jumped the gun on predicting improvement in the market. Prices are down, and inventory is reaching all time lows in many markets, and many buyers continue to hold on to their current homes, and wait out the storm. In California especially, mixed signals are confusing potential buyers and keeping them out of the market, here is a quick analysis of the major California markets.
At the 16th annual Real Estate Conference presented by the University of San Diego’s Burnham-Moores Center for Real Estate, experts were convinced that San Diego is on it’s way to recovery. The proper response is, how far along in the recovery? Many in the real estate business believe we are near “halftime” in the recovery process, which leaves plenty of the game left to be played. Most agree that low interest rates served as a safety net, and kept the market from greater harm, but as single family homes are historically as affordable as ever, most buyers are refraining from making large, long term investments. The real bright spot in the San Diego market is apartments, as demand continues to rise for rentals. But as any San Diego Chargers fan knows, the game is all about the second half, and that will be the true test for the San Diego real estate market.
In the population dense area of Los Angeles, homes are still being purchased and sold, but at an extremely low rate. In a place where a few years ago $250,000 did not go a long way, it can now buy you a nice Los Angeles condo, or a foreclosed single-family home. Although this may be one of the only opportunities to get a low priced house in LA, it is also a great time to buy luxury. Affordability in the luxury market is also at historically low prices, and for those with the available funds now might be the best time to move into a bigger, better home.
The bay area was hit hard by the downturn back in 2008, and while homes sales have remained modest, interest is increasing rapidly. One sign of improvement is the upward trend of home remodeling in the area, homeowners are more confident in job stability, and the recovery of the market. Although San Franciscans have not increased the number of homes being purchased, the demand for the homes sold is higher. Real estate agents are reporting increases in bidding wars for more desirable properties, leading many potential buyers still in the market. Buyers are scouring for deals, without sacrificing quality; real estate websites have seen massive increases in users over one year ago. Buyers have begun expressing interest in San Francisco homes for sale, and have begun shopping around, revealing their improved outlook on the economy.
With all this said, buyers still need to be cautious and find a home that fits their needs. Inventory is still low throughout the state, and quality inventory is becoming harder to find. Buyers need to do their research, and stay within their means. Although there is an increase in potential buyers, most are still sitting on the sideline.
March 8, 2012
Truxton Row: Only 3 Homes Remain
The most recent phase of Truxton Row is now 70 percent sold-out. With only 3 units remaining these townhomes have been a hit with buyers. Ideally located in the Mount Vernon district of Washington DC, these homes are just what buyers are looking for.
Recently completed in February 2012, these homes have sold quickly. Unlike other Washington DC townhomes, Truxton Row offers space and affordability. Units range in size from 1,285 to 1,790 square feet, and boast two bedrooms with two or two and a half baths. Priced reasonably for the area, homes begin in the high $500,000s and end over $800,000.
With stunning 19’ high ceilings and 3-piece crown molding, homes at Truxton Row are elegant and modern. With four floor plans and multiple finishes to choose from, each home is truly unique. In a great location, Truxton Row is just a short stroll from groceries, coffee shops, fine dining, and the Metro station.
These homes are selling quickly, and will not last long. Click here for a more detailed break down of these Washington DC condos, or give their sales center a call to schedule your viewing. Contact Giorgio Furioso at (202) 441-0504 for more information.
77% Sold! Homes are Disappearing Daily at The Grand at Diamond Beach
With over 60 sales in 2011, The Grand at Diamond Beach is now over three quarters sold. Two-bedrooms are starting at $485,000, and one-bedroom units are already sold out. These homes are selling fast, and now The Grand has earned a Best in American Living Award from the National Association of Home Builders. With this new honor, and strong sales, interest in The Grand at Diamond Beach is higher than ever.
It is no wonder why sales have been so solid; The Grand offers the best in luxury and amenities. Each home is filled with every possible desire. Homes are designed with imported hardwood floors, beautiful crown molding, paneled wood doors, and so much more. Each home is host to large walk-in closets, a full-sized laundry room, and expansive private verandas. The kitchens include Viking and Sub-Zero Professional commercial grade appliances, exquisite marble or granite countertops, and custom designed cabinetry. Each home is draped in luxury, and elegance; not to mention each home comes with two assigned parking spaces.
But the joy of living at The Grand doesn’t stop at your front door, the building’s resort like amenities create a wonderful sense of community. At The Grand residents can have a relaxed afternoon in the private massage treatment room or take a steam in the sauna. Other amenities include a ground floor fitness room, as well as an activity room equipped with an entertainment system, billiards table, and even a jukebox. Residents are also sure to enjoy the beachfront infinity pool with expansive hardwood sundeck. Along side the pool is plenty of lounge chairs, a beachfront hot tub, poolside grills, and even a separate kids pool.
These are unlike any other New Jersey condos, designed from the ground up to provide the resident with luxury, relaxation, and a good time. Built for quality, these homes are unmatched, and are selling quickly.
March 3, 2012
Brohn Homes Announces Grand Opening of Bellamy Gardens New Homes Cedar Park
Maintenance Free Living in Elegant French Country Garden Homes from the $210s
Austin, TX – March 1, 2012 – Brohn Homes announced today the grand opening of its new homes Cedar Park community, Bellamy, a charming French Country garden home community, conveniently located at the intersection of Parmer Lane and Highway 1431. The grand opening will take place over the weekends of March 3-4 and March 10-11 with a special preview by appointment only on Saturday, March 3. Realtors will receive a $2,000 realtor bonus for inventory homes contracted and closed through April 2012.
Grand opening weekends, visitors will enjoy refreshments and snacks while they tour one of the four available inventory homes. Homeowners can choose from six floor plans and multiple elevations and interior architectural styles ranging from Urban, to American Classic, to French Country. Only 26 remain of the community’s 32 beautiful garden home sites. Preferred lenders will be available on-site during both weekends to pre-qualify interested buyers. Plus, Brohn Homes is offering a grand opening special for a washer/dryer appliance package and $5,000 off on any of the Bellamy inventory homes.
“Bellamy is a unique Cedar Park property, offering a great location and elegant style at an incredible price point,” said Aaron Boenig, Owner and Managing Member of Brohn Homes. “We’re excited to have the opportunity to bring our higher standard for new Central Texas homes to the Cedar Park community.”
Each of these expertly architected homes offers superior design with incredible standard features, including gourmet kitchens and your choice of interior style and finishes. The quaint cobblestone streets and “turn of the century” streetlamps make this six and a half acre gated community the perfect sanctuary. Plus, just five minutes from your door you have access to the 1890 Ranch Shopping Center, Cedar Park Center, Brushy Creek Sport Park, and the Avery Ranch Golf Club.
Home prices start from the $210s and each offers spacious, smart space home designs ranging from 1426 sq ft – 2479 sq ft.
For appointments, contact: Ryan Mattinen, 512.363.2377.
Directions to Bellamy, 2920 Bellamy Circle, Cedar Park 78613:
- Take 183A North Toll Road
- Exit FM 1431 toward Cedar Park/Round Rock
- Turn right on FM 1431
- Turn right (south) on Parmer Lane
- Take a right at the stop light onto Colonial Pkwy
- Go a couple of blocks west
- Turn left onto Kobuk Street
- A secure gated entrance to Bellamy will be on your right
About Brohn Homes
Founded by and for Central Texans, Brohn Homes is single handedly redefining home building from Austin to San Antonio. With over 25 years of combined experience, the company has established a reputation for building luxury homes in some of the hill country’s most sought-after locations. Brohn Homes combines craftsman quality and attention to detail with efficient processes and innovation to create a superior product and tremendous value for our customers. As we expanded into multiple markets over the years, maintaining the integrity of our product, regardless of size or commodity, has remained our guiding principle. www.brohnhomes.com
PR Media Contact
Aaron J. Boenig
The Brohn Group LLC
DBA Brohn Homes