There is a new townhome community in Raleigh that is a must see - Glenwood North townhomes from the nationwide builder, Standard Pacific Homes. This is an Award-winning 3-story garage townhome complex sized from 1,772-2,209 square feet are designed to fit your lifestyle beautifully with loads of light, charming detail, exceptional included features and attractively priced luxury options, including bonus rooms. With pricing starting in the low 200s, this is a new Raleigh townhome project that you relally can't help but place on your interest list. The gorgeous master-planned swim and fitness club community, complete with a 6,500 sq. ft. residents center, is located on Glenwood Avenue just north of Millbrook Road and is exactly where you want to be. With effortless access to I-540, I-40 RDU and downtown Raleigh, you're only minutes away from the Triangle's best shopping, dining, and entertainment.

Despite the slow market and one of the worst mortgage crisis situations in over two decades, the Seattle condo market continues to see more new development. Here at NewCondosOnline.com we continually monitor regions where developers show no signs of slowing down and Seattle is one of these major metro areas that keeps on trucking. Take Rollin Street from Vulcan Real estate. This Seattle condo project is currently under construction at the northeast corner of Westlake and Denny in Seattle's South Lake Union neighborhood, Rollin Street is an 11-story condominium project featuring 208 SOHO style flats. The building and homes are modeled after unique condominium projects in New York City and the Pearl District of Portland. Rollin Street residents will be moving into their homes in early 2009. Residents will enjoy living across the street from all of the amenities of 2200 including Starbucks and Whole Foods Market, with easy access downtown on the new Seattle Streetcar line that runs directly in front of the property. Rollin Street is one of many Seattle condo projects expected to earn a LEED Silver Certification by the U.S. Green Building Council. The LEED program, which rates buildings on their sustainable or “green” features, takes into account factors like the use of natural and recycled products, wood harvested from well managed forests and the use of non-toxic paints, adhesive and sealers. It’s good for the environment and great for your family.

Downtown Dallas has a new condo project in the works that is aiming to be the new centerpiece of this Texas city.  The Dallas condo market has not seen anything like Museum Tower in a long time.  This 122 unit development is to be built forty-two stories of seemingly nothing but glass.  The luxury high rise tower will offer a collection of  residences in nine floor plans, ranging from 1,450 to 8,700 square feet. New condos are starting from 1.2 million and designed by world-renowned architect Scott Johnson. The dramatic one, two and three bedroom interiors will feature floor-to-ceiling glass, direct-access elevators, outdoor terraces and all requisite goodies imaginable will be built right in.

Museum Tower will be offering a limited release of only 20 homes this spring. Check out the listing for Museum Tower before you are too late - This will be the last pre-construction pricing, selection and home customization opportunity for Museum Tower.

 

For the non tech savvy laymen out there - an industry known as Search Engine Optimization (SEO) can make or break the success of many websites on the internet. No matter what the industry, the internet continues to be used more and more by people to search for information, services, and solutions in all capacities.

In the real estate industry, especially for us here at NewCondosOnline, it is essential to have an optimized presence in every major search engine for anyone searching for a new condo. We have an entire tech team working around the clock to ensure that we are optimizing over 80,000 different condo related search terms to capture all homebuyers, investors, agents, and deveopers who go online and need up to date info on their local condo market. There are two main sides of SEO - Organic and Pay-Per-Click. Organic is based on a number of variables surrounding the way a website is built to be search engine friendly, as well as the viral popularity of a website for a given key word search. It is also free.

We continue to hear reports from analysts and publications that we are not out of it yet and probably will be in it for another 9-12 months before we see things turn around. Yet there is chatter here and there indicating that April 2008 will mark the bottom of the U.S. housing and condo market. There are already bidding wars in certain areas of San Diego already according to local agents.

Cyril Moulle-Berteaux, managing partner of Traxis Partners LP, a hedge fund firm based in New York. Claims that "...most people forget that the current housing bust is nearly three years old. Home sales peaked in July 2005. New condo and home sales are down a staggering 63% from peak levels of 1.4 million. Housing starts have fallen more than 50%, and, adjusted for population growth, are back to the trough levels of 1982."

Now let's be honest - a market turnaround does not mean that we will see prices return to the days of 2005. That probably won't happen for a very long time. What we will see is that things are going to stop getting worse - which needs to happen before they get better anyway.

Moulle-Berteaux goes on to state "...furthermore, residential construction is close to 15-year lows at 3.8% of GDP; by the fourth quarter of this year, it will probably hit the lowest level ever. So what's going to stop the housing decline? Very simply, the same thing that caused the bust: affordability."

Part of the problem that brought on the housing crisis and subprime meltdown simply boils down to the fact that housing became too unaffordable for first time homebuyers. When you are spending over 33% of net income on your mortgage - it is proven to be too much - hence the subprme crisis.

When prices got too high for enough buyers - the bubble burst, and people stopped buying.

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.

The north metro atlanta condo market has a great new development available for move-in in June this year.   Trammel Crow Residential brings us, One River Place, a 110 unit townhome community rising 4 stories tall. With units starting in the 100s, this is really an excellent value for a first or second homebuyer on the market for new housing in Atlanta. The vision for this development has been driven by a commitment to find aunique balance which creates a very special place. One River Place has not been planned as a place where you simply own a home. It’s much more. Its location, The Resident Club, architectural design, and natural setting have come together to create a private residential enclave in a resort-like setting.  Amenities include a location that offers access to activities on the river, eighteen miles of national parks, and a one-of-a-kind private club.  There is also a 24 hour attended gate, maintenance-free living, and excellent schools nearby.  If you know and like the quality of Trammel Crow Residential like I do, you will also find a few other communities by this great builder in Atalanta, including Grand View and Luxe.

With the current slowdown of overall economic activity every penny counts. If you are a penny counter and on the market for a new home, you probably don’t want to spend a lot of money on rising gas prices trucking around to check out a bunch of las vegas condos accross the city.

Well, one clever real estate agent in Las Vegas has come up with a solution for connecting penny pinchers with new homes. She bought a bus and gives tours of REO and forclosed condos, townhomes, and single family homes. Genius, Genius, Genius! Not only do the passengers who ride the bus get speed tours of forclosed properties selling for well below market value – they are also saving precious pennies they would have otherwise had to spend on gas to get to there on their.

The bus seats twenty four eager new homebuyers and shuttles them all over town — North Las Vegas, Hendersen, Green Valley, and Sun City Anthem to name a few. I bet that the current residents in these neighborhoods just LOVE watching the forclosure bus roll through their streets showcasing condos to investors for up to 50% less than what they may have paid for their own home only a year or two ago. Oh well, Buy low sell high.

If you are looking for a luxury getaway in a Raleigh Condo, look no further. www.newcondosonline.com has just listed a brilliant new 43 story condo project on Creedmoor Road. The condo project is Westin Raleigh Soleil Center Residences, and it offers homebuyers the choice of six very unique, yet consistently spacious and well-appointed floor plans for the home that best meets your lifestyle. Each condo residence is contemporary in design and offers strikingly appointed interiors that include European-designed kitchens and baths with granite countertops, exquisite flooring, and complete walls of floor-to-ceiling windows that look out over a sky-high balcony and toward the expanse beyond. Unis will range over 6000 square feet, making this new raleigh condo community a pick above the rest. See other raleigh condo projects on www.newcondosonline.com.

The current housing slump has led many developers and builders to downsize single-family dwellings and focus more on attached style homes to increase affordability and boost sales. This move toward more condos, townhomes, and lofts makes sense during an economic downturn. When sales are slow, developers know that smaller homes beging to make more sense. And with each sale, builders can eliminate homeowner association fees, which they must pay on unsold units.

Many market experts and analysts are claiming that smaller housing will become a permanent mindset in the new-construction market. Furthermore, with less developable land, many major metro areas such as the San Diego condo market, are facing less and less room for large single family homes. With larger homes there are higher costs of all factors of production, particularly costs of materials and labor.

Because there is less money being spent towards new housing, builders must realize that smaller units generally sell for less money. This is actually helping builders target current buyers in the marketplace.  If you take a close look at the primary new home buyers in the market, you will see two demographics. One is baby boomers who are downsizing and the second is generation Y (children of babyboomers). This generation is just entering the housing market and has lower income and net worth. I am predicting that based on this we are going to see new construction shift towards to be a higher % of attached housing projects, especially in metro and surrounding areas.

A recent issue of Forbes magazine has ranked Austin, Texas, number 3 for the best cities to find employment.  The magazine has Austin coming in as number one for income growth and number two for job growth. This is a very good sign for the condo and housing market because as job opportunity grows, so does the need for new homes for an expanding workforce.  According to the Texas Workforce Commission, in Austin, job expansion figures indicate 29,500 new jobs during a 12 month period ending September 2007.  This is a 4 percent gain in employment during the past year. When you combine these new jobs with affordable condos, townhomes, lofts, and single-family homes, there is exceptional opportunity for high saturation over the next year.  There are some great austin condo projects in the works right now that will have the duty of creating supply for the housing demand that these new jobs will bring.  Montevista Condos, for example, start in the low 100s, and range in size up to 1,500 square feet. Compared to many other markets in the US, such as San Diego condos, or New York condos, this is very affordable.  Take a look at other Austin condos on www.newcondosonline.com. 

The much anticipated economic stimulus package that everyone has been talking about was signed this week by President Bush. This new law will have a great impact on all new condo and loft buyers.  Especially prospective homebuyers upper bracket new condo and home prices such as San Diego Condos and Los Angeles Condos. This is why this reform will reduce the interest rate of loans between $417,000 to $729,750. It will also free up capital markets which in turn will allow lenders to approve more loans to mortgage applicants. Lending requirements for first time homebuyers are going to be a bit more lenient now.  A 10% deposit and good credit will still be required from buyers, but the economic stimulus package is going to allow more buyers the opportunity to purchase more expensive condos at a lower cost. New condo buyers all across the country will have a great incentive to go after that new home. Check out over 1,400 new and pre-construction developments on www.newcondosonline.com.

Something I found interesting while reading up on the current real estate market is that addition to the realities that forclosure means to thousands of Americans, we often forget what forclosures can potentially mean to the pets of owners who are forced to forclose. There are hundreds of dogs, cats, and other pets across the nation losing their condos, apartments, and single family homes due to forclosure right now. 

So is there a short term solution to this dilemma? Well, many shelters for Chicago condo animal refugees are offering temporary lodging to pets until their owners can re-locate into new condos, townhomes, lofts, or homes.  If you are facing forclosue and need some assistance with your dog, cat, or any other pet, please contact your local humane society to determine the best course of action.  Just because you need to forclose doesn't mean you need to get rid of old yeller :)

Toll Brothers, the Nation's leading luxury homebuilding company, has agreed to list over 20 new condo projects with NewCondosOnline.com starting this month.  The homebuilder will be listing Arizona Condos, California Condos, Maryland condos, New York condos, North Carolina condos, Pennsylvania condos, South Carolina condos, and Virginia condos with NCO.  NewCondosOnline.com will be showcasing each of these Toll Brothers Condo communities to over 1 million unique visitors on a monthly basis. 

It seems that for every three or four negative articles surrounding the current real estate market, we are reminded that there is a light at the end of the tunnel.   According to The National Association of Realtors, November home sales in 2007 were 0.4 percent higher than they were in October of 2007. The same study also indicates a decrease of inventory of unsold homes during the month of November.  Since NAR is the most trusted source for real estate news and studies in our nation, I am lead to believe that a lot of what we hear and see in the media about the real estate crisis is bandwagon hearsay.  To see condo and home sales increase during a month when most Americans are preparing for the holidays and time with their families is an even bigger surprise to me.  This clearly shows that we may not be in for the 2 or 3 year slump which many experts are "predicting".

Mccann Development is currently advertising two great new projects with www.newcondosonline.com.  McCann Development is a New York based, fully integrated real estate development company. McCann is currently under development with over fourteen hundred residential homes in three Florida developments which including NCO's Palmetto Cove, The Oasis, and Windsor Lake Estates. In additionon, Mccann is building Hunter's Chase at Litchfield, a new condo project just outside of New York City, due to be completed in 2010. 

Hunter's Chase at Litchfield is the first new town-house project to be built in Litchfield County, Conn., in more than 20 years! The new residential community combines classic New England charm, a maintenance-free lifestyle, state-of-the-art amenities and a unique country setting. Units start as low as $400,000 and range in size up to 3000 sq. ft.

www.NewCondosOnline.com has just signed a great new Brooklyn Condo project!  The Argyle is the perfect fit. Modern, convenient, smart. The Argyle is the first in an innovative new breed of luxury condominiums. Better architecture and interior design. This project has better amenities, finishes and conveniences. The Argyle has a better location, neighborhood and access to transportation than any local new condo project. It all adds up to a higher standard of living for you. The Argyle, with its twelve stories and 59 flawless residences, is a bold new imprint on the landscape of luxury condominiums in Park Slope. It’s the Brooklyn ideal, delivered. It’s the perfect fit.  Check out The Argyle and other Brooklyn Condos today on www.newcondosonline.com.

I was unbelievably lucky enough to catch the money man himself in a live performance last Friday at the ShowBoat Casino in Atlantic City.  Let's just say that Eddie has still got it, and he really get a crowd to its feet.  While I was cruising the boardwalk, I realized that there are some great new condo opportunities in Atlantic City.  Aquella, from CREI, is a great example of Atlantic City condos that are currenlty selling.  Aquella is located on Carson Avenue in Atlantic City, across the harbor from the Borgata Hotel and Casino.  The development spans an entire peninsula and will consist of 16 townhomes and 7 estate homes. The units in Aquella are as large as 5,000 sq. ft!!

There are also a number of new condo projects in Atlantic City going vertical right now that www.newcondosonline.com is in the process of bringing into its inventory.

So next time you find yourself in Atlantic City, you may want to consider using your winnings towards a down payment on your new Aquella condo...if you win big.

Take a look at some recent press featuring www.NewCondosOnline.com regarding the Chicago Condo Market:

San Diego, CA (PRWEB) November 3, 2007 -- Chicago, a city where builders have continued to develop new projects, has been very responsive to the powerful concept of online advertising with Chicago Condos Page of the site, homebuyers have the ability to view 20 listings per page of Chicago's hottest new and pre-construction developments. Some of the most recent projects added to the site, including Vision on State, The Flats on LaSalle, 565 Quincy, and Rainbo Village, have already been receiving hundreds of page views every day from interested new homebuyers. Each listing client on the site can display up to 8 photos of their project and have up to 8 embedded links directing homebuyers to the website for the project and its development team. One advanced feature on www.newcondosonline.com, referred to as the "E-Lead Program" actually allows an interested consumer to request more information regarding a new development by sending their contact details and inquiries directly to the sales office of the project.

According to Brandon Fishman, CEO at NewCondosOnline.com, "The Chicago Condo Market still looks relatively healthy. We currently advertise 23 new Chicago condo projects and our Chicago city page has been receiving excellent homebuyer traffic in 2007. We expect to double this number within the next six months."

Here at www.NewCondosOnline.com, we receive a large amount of our homebuyer traffic to our International condo projet page. Recently we have seen a spike in homebuyers with a keen interest in Belize condo communities. If you have never been to Belize, you should consider taking your next vacation there to see what all the hype is about. We are seeing many new homebuyers who are looking for a second home are now considering international destinations in not only Mexico but also Central and South America. Belize is a country that is bounded on the North by Mexico, South and West by Guatemala, and the beautiful Caribbean Sea washes its 174 mile coastline to the East. Belize is all about the sun, the water and the people. One of our favorite new Belize condo communitis is Whispering Waves. Whispering Waves is a unique 4 story condo project that will consist of 11 condominiums once completed. The First three floors are made up of two bedroom two bathroom and three bedroom two bathroom beachfront and beach view condos ranging from 1250 to 1450 square ft. The fourth floor will consist of two penthouse condo units overlooking beachfront and bay area range around 2000 square ft. In each apartment, modern Mexican style decor is

Tracage is a new condo project in New Orleans that recently came onboard with www.NewCondosOnline.com. This project has received exceptional attention from end-users trafficking our website within only a few days. This is probably due to the fact that Tracage is in a class by itself as the first modern high-rise building in the Warehouse District of New Orleans. The units arevery spacious condos with nearly 11 foot exposed concrete ceilings in living areas, marble master baths with garden tubs and walk-in glass showers. There is also a rooftop fitness center with Infiniti-edge Pool, a community room over looking the city and river, and a 24 Hour Security Guard. Prices start as low as the mid 200s and this development is moving along quickly with pre-sales. Get a shot at this unique New Orleans condo development while there still time. From the response we have been receiving already to this new project on our site, it won't be around for long!

Right now, one of the best places for new homebuyers to find exceptional tax incentives to buy a new home is in the GO-Zone. GO-Zone stands for The Gulf Opportunity Act of 2005 and was passed by Congress to help the affected counties in Alabama, Mississippi, and Louisiana rebuild after Hurricanes Katrina, Rita, and Wilma. The GO-Zone Act provides investors and developers with tremendous tax incentives. These incentives include bonus depreciation benefits allowing new condo buyers to literally write off hundreds of thousands of dollars, while still turning profits on their property.  NewCondosOnline.com just added SOUTH BEACH BILOXI RESORT & SPA to the Biloxi condos section of our site. This is a MONUMENTAL PROJECT and it is transforming Biloxi into a dynamic live-work-play destination for new condo and home buyers accross the nation.

With a booming economy, Biloxi, Mississippi is thriving–one of the top three up-and-coming destination spots in the country. South Beach Biloxi Resort and Spa features luxurious beachfront condos - resort living at its finest. Only a few units remain in this GO-Zone project. Prices from the mid 200's to the high 800's - fantastic price points plus HUGE tax incentives for new homebuyers.

There is a new star on the map in the New York Condos scene. The South Star, claimed to be Downtown’s smartest buy, is over 85% sold and offering newly released one, two, and three bedroom condos. Located in the center of New York City’s Financial District, The South Star is just steps away from many of Manhattan’s pleasures – dining at Delmonico’s, shopping at Hermes, or relaxing at the South Street Seaport, just to name a few.

The South Star Features a 24-hour Attended Lobby, Architect Designed Lobby and Corridors, Hotel Gansevoort Privileges (including access to Gansevoort Concierge, Roof Desk Sky Bar, and Ono), Two 1-year Memberships to the Complete Body Development On-Site Fitness Center, 24-hour Attended Public Garage with Direct Elevator Access, Laundry Rooms on Floors 2-17, Valet in building, and a Live-in Superintendent

*The Garage is available at additional cost - which is huge if you know what the average New Yorker pays to house their vehicle. Check out South Star and other new condo communities in Manhattan on www.NewCondosOnline.com.

Being a Chicago native, I am continually monitoring the status of new condo projects going vertical in the windy city.  I can tell you that right now is an ideal time to start your shopping list for a new home in Chicago, based on a ton of new units that have recently hit the market.  A few to take a special look at include Rainbo Village, 474 North Lake Shore Drive, and 565 Quincy.  Each of these new Chicago condo projects is a great example of ideal location, fantastic amenities, and great price points.  This may be why Chicago is one of the most heavily trafficked city pages on the entire www.NewCondosOnline.com site.  So take a look at the newest Chicago Condo listings today, for an opportunity to get in on a great new or pre-construction project in one of the premier cities in the country.

NCO would like to showcase Stadium Lofts’ 390 city Loft residences. put you at the center of a high-density urban playground, business hub and commercial nerve center. Stadium Lofts features a variety of thoughtful community amenities designed for comfort and convenience. A resort-style heated saline pool, spa and sunning deck; dry sauna, outdoor room with fireplace, a multi media entertainment room, a club room with fully equipped modern kitchen, pool table and shuffle board; fully equipped 24 hour access fitness center, conference room, distinctive garden courtyards with fountains and Barbeques. Stadium Lofts has 4 restaurants in the building, El Torito Grill, Juice It Up, Subway and Kelly’s Coffee and Fudge.  Prices start in the low 300s and range to over 1,500 sq. ft.  Check out all Anaheim Condos today!

If you are on the market for a new condo in New York, it would be worth your while to check out Dover Condos, Located on a quiet tree lined street of stylish brownstones in Harlem. Dover condos recently opened its doors as the premier boutique condominium in historic Harlem. The Dover, originally comprised of two brownstones, has been completely renovated from the bottom up and now features twelve condominiums – six units in each building. Single-level, duplex or garden apartments with one or two bedrooms and 1½, 2 or 2½ bathrooms range in size from 813 square feet to 1427 square feet. Prices Range from $545,000 to $845,000, which is very affordable considering the amazing amenities and size of the units. Check out NCO's New York Condos page today for a look at all of out new condo options for new homebuyers.

NewCondosOnline.com is pleased to add yet another new condo project to our Chicago Condos section. Located in the rapidly developing South Loop area, Motor Row Condos is a brand new construction with luxury features at a superb value. New condo buyers will pay no taxes or assessments for a year if they purchase before October 31st! Units are as large as 1,200 square feet and start in the low 200s! In addition to Motor Row Condos, NewCondosOnline.com is showcasing a numbe of other fantastic South Loop Condo projects right now, including Union Row.

Keep checking back on www.newcondosonline.com for new condo and loft projects in the South Loop of Chicago! 

Beacon Pointe is an intimate enclave of 40 New York townhomes in a community that combines nostalgia with the excitement that suggests growth, renewal and prosperity. Just blocks from the shore, Beacon Pointe is a unique place where the Georgetown-style architecture harks back to the rich past, yet pulsates with the energy of today; where homeowners can enjoy refined living in an unmatched setting; and where a short walk to the smartly renovated train station or a quick ride to the ferry brings you into Manhattan in under one hour. Units start at $358,740 and are very cool! Check our Beacon Point today on NewCondosOnline.com.

 

NewCondosOnline.com is working with a brand new condo project from Rokas International called 2100.  2100 reinvents urban chic living - high-rise condo living and heavy-timber loft space.  This is far from typical cookie-cutter condos, 2100 gives you room to explore who you are and what you love to do. Unique amenities include a WIFI business lounge and a lushly landscaped sundeck. There is also a 24-hour concierge/door-person or invite friends over. This new Chicago condo and loft project is offering one to three bedrooms and up to two-and-a-half baths, homes are priced from the low $200s. Up to two parking spaces are also available for purchase.  I've personally contacted the sales center on this one, it looks like a very cool new project.

The U.S. housing market may be soft right now, but across the border, Mexico’s real estate shows no signs of slowing down. Tourism, a major income generator, has increased interest of foreigners to investing in Mexico real estate. Vacation homes are especially popular with American buyers, which comprise the bulk of the market. Recent reports indicate that in the last three years there has been a 60% increase in vacation home investments. Many retirees are opting to buy property in Mexico, lured by cheaper house prices and lower cost of living. Take a look at a few of the premier (and my personal favorite) Mexico Condos on www.newcondosonline.com, including Estrella Del Mar in Mazatlan, The Falls at Puerto Nuevo in Northern Baja, and San Miguel Oasis