New Condos Online | Condos For Sale | Find Condominiums Worldwide

Condos & Homes     Members | Sign In - Register     Agents | Sign In - Register

February 25, 2009

Hacienda Matapalo in Costa Rica: What do I do today?

Filed under: Condo News,condos in costa rica — Tags: — James @ 3:21 am

It’s pretty well known that there’s a very dramatic budget deficit occuring within the California State Government, One of Costa Rica‘s most loved and anticipated projects is coming to life and is promising hope of a better tomorrow by illustrating the benefits and joys of Hacienda Matapalo living.

Hacienda Matapalo Cure-Tuesday, February 24, 2009
We will be open for your calls until 8:00PM (PST.)
Contact us at 800.281.4145

Chances are that you’ll want to just spend the day here and hang out with some of your new friends and neighbors. There’s plenty do to and plenty of great spots to do-nothing. El Corazon is at the heart of Hacienda Matapalo, located right at the center of the residences at Hacienda Matapalo, where the mountains and rainforest meet fabulous ocean views.

Designed as the hub of community activities, El Corazon will be a central gathering place for socializing, relaxing, and entertaining, as well as revitalizing the body and spirit through other activites. This 25,000 square foot facility has everything one could desire… including a Fitness Center, Spa, Meeting Rooms,\ Snack Bar, Restaurant, Lounge and more.

Wrapped around the Clubhouse, overlooking the Pacific, you’ll find more than 22,000 square feet of Freeform Infinity-Edge Pools, Beach Pools, a Lap Pool, Jacuzzis, Swim-Up Pool Bars, Tanning Areas and more. Outdoor sports & athletic amenities are also abundant featuring 12,000 square feet of Tennis, Basketball, Volleyball, and a fantastic playground for the children. For your special events our Meeting and Event Rooms can be reserved and the Library and Media Room are always open for your enjoyment to enhance your day at El Corazon.

The concept of a resort-style clubhouse offering a myriad of activities and venues was a key element in the planning of Hacienda Matapalo. There is an intangible, yet inherent value in being able to provide people with the types of social activities that will keep them smiling, the satisfaction of a job well done. Of course, for property owners at Hacienda Matapalo, results like substantial increases in their property value and a steady stream of customers for the resort rental program will be the tangible values. The structure’s unique design draws on the elements of Polynesian South Seas architecture to produce an open and contemporary space that is perfect for Costa Rica’s balmy climate. Renowned architect Miguel Wong has spent a lifetime designing communities and homes in Costa Rica and Hacienda Matapalo’s planning allows his expertise and talent to shine.

December 29, 2007

Largest Condo Market in North America

Filed under: Condo News — Frogman235 @ 8:50 am

Like many major metropolitan markets in the United States, Toronto, Canada is thriving with urban development and vertical construction. Rising costs have priced many first time home buyers right our of the market. Buyers with dreams of purchasing a $450,000 detached home are now revising their visions and looking up. When I say “looking up” of course I mean vertical living with high-rise condos. Home buyers can find more reasonable prices with condos, generally, and can have a chance to break into the market.

Many young couples and families are having to be more realistic about their new condo or home purchases so they are not drowning in mortgage payments while trying to raise a family. Mortgage payments and housing expenses typically should comprise only about 20% to 30% of your monthly expenses. In many major markets like we see in the States, it can be as much as 50% or more!

This new trend or urban living has been spurred by many things. Obviously home costs have pushed more people into the condo market. City planners and developers have also been focusing on infill development and redevelopment of blighted city areas to improve the landscape and appeal of cities.

Toronto, for example, has 249 projects currently being marketed or in the construction stage, representing 58,000 units, making the city the largest condo site in North America. All of this new construction will mean that condos will advance to about 50% of the market share for housing.

Overall condo sales in the Toronto area are up 14% so far in 2007 as compared to 2006. Does all this sounds familiar to anyone? Let us keep in mind that ALL real estate markets are cyclical, not just in the US! It will be interesting to see how the prices and absorption rates fare over the next few years in Toronto. We can compare this to many of our markets in the US such as Miami, San Diego, LA, etc. Is Toronto headed towards over building? That remains to be seen. One important factor is the economic conditions that are supporting this growth. And of course with new homes and condos come new shopping centers, grocery stores, retail, and general infrastructure to support the new residential growth.

So far retailers in Toronto have been among the first to respond by adding thirteen new grocery stores in the central business district and major anchor tenants such as Best Buy. He interesting thing about this market is that condo sales are about to actually surpass the single family home sales. That is not something to ignore! High rise market share for new condos has moved from 27 per cent in the early 2001, to one third of the market in 2004, to more than 40 per cent in 2006 and a projected 50 per cent-plus this year.

Obviously, first time home buyers are feeling like they are making a bit of a sacrifice because the units are smaller than a single family home might be. However, what they are sacrificing in space is made up for by location and amenities.

How Will the Rate Cut Effect the Condo Market?

Filed under: Condo News,Real Estate — Frogman235 @ 8:50 am

OK…so I guess we have all heard by now that the Fed lowered the rate by half a point. This is exciting news, right?! In the short term thsi will definitely lower some people’s mortgage payments and remove personal financial strain. Obviously, this does not solve everyone’s problems but it will at least free up some money for people.

So where does this leave the housing market? Most think that this will not really solve any immediate problems. One thing to keep in mind however is that many people waiting to purchase condos have been waiting for this exact news…when will the Fed lower rates? Well, now that they have, will we see some of these condo buyers come off the “fence” and make a purchase. Now would be the time to lock into a reasonable long term fixed rate mortgage.

Another questions to ask is “will there be another rate cut to follow this one”? If so, it will most definitely brings some buyers out of the woodwork…at least we hope! How will the lending institutions react to this? There is no doubt the housing industry will now be slightly better off than it was before, but it will be interesting to see how much positive reaction comes from the rate drop. We should expect to see some activity fluctuation over the next month as a direct result of this news. We are already seeing great activity in the stock market!

Let’s wait and see what happens…

Another condo fire…suspicious indeed!

Filed under: Condo News — Tags: , — Thimble @ 8:50 am

I read an article today about how a condo development in Yakima, WA was burned down. Officials are calling the fire ‘suspicious’ and to be honest, I have to agree with them. Construction began 7 years ago. ATF had been called in to help diagnose what started the fire. I also suspect that they’ll be questioning some people affiliated with this development. One of the things I’m sure ATF will question is ‘who benefited?’ from this suspicious fire?

This is not the first condo relatied fire recently, nor, do I doubt, that it will be the last. I’m sure ATF was brought into this because they are seeing a lot of condo related fires and are treating this as a unique situation.

In this day and age of the condo market, I propose that all condo development related fires be handled by the experts. ATF should always be involved and maybe even the FBI? Should these fires be handled with the same sort of attention as inside trading? I don’t know but it’s worth developing the strictest rules and sanctions for whomever is responsible for the fire.

When will we appreciate the risk?

Filed under: Condo News — Tags: — Thimble @ 8:50 am

The global concert – on 7 continents – this past Saturday should be a wake up call to the entire population. I started wondering if developers take into account the erosion rate of beaches and land when they build coastal condos. When ice melts in the arctic and antarctic, sea levels rise globally. And, if you watched the global concert, Live Earth, you’ll know that Mother Earth is sick. Should requirements be made to take in erosion rates when cities approve coastal projects? We should also consider that the fact that we as humans don’t like to act on anything unless it’s presenting itself in our face. Well, I was in Vegas this weekend and it reached 115 degrees. That is not cold. The ocean water in San Diego is much warmer this year than it was last year at the same time. This thing called “Global Warming” is real. We must face it as we are now approaching the 11th hour!

When will we appreciate the risk?

Filed under: Condo News — Tags: — Thimble @ 8:50 am

The global concert – on 7 continents – this past Saturday should be a wake up call to the entire population. I started wondering if developers take into account the erosion rate of beaches and land when they build coastal condos. When ice melts in the arctic and antarctic, sea levels rise globally. And, if you watched the global concert, Live Earth, you’ll know that Mother Earth is sick. Should requirements be made to take in erosion rates when cities approve coastal projects? We should also consider that the fact that we as humans don’t like to act on anything unless it’s presenting itself in our face. Well, I was in Vegas this weekend and it reached 115 degrees. That is not cold. The ocean water in San Diego is much warmer this year than it was last year at the same time. This thing called “Global Warming” is real. We must face it as we are now approaching the 11th hour!


Spotlight
Follow us on Twitter Facebook


Advertise Your Property - Call Now! 1-800-930-4752


Copyright © 2009 New Condos Online Inc. All Rights Reserved.




Follow us! 
Follow us: twitter

Become a fan! 
Become a fan: facebook!
Company Information
About NCO
Our Services
Contact Us
Clients
Charities
Partners
Testimonials
Site Map
News Update
All City Condo Info
Real Estate Resources
NCO Blog
NCO In News
Condo News
Condos for Sale or Rent
San Diego Condos | Las Vegas Condos | Florida Condos | Chicago Condos | San Francisco Condos | Seattle Condos | Phoenix Condos | Miami Condos
Philadelphia Condos | Austin Condos | Los Angeles Condos | Dallas Condos | Houston Condos | Atlanta Condos | Sacramento Condos | Washington DC Condos
New York City Condos | Foreclosure Condos
Advertising & Marketing
Advertising | Email Marketing | Media Buying | Video Marketing | Website Development | Search Engine Marketing | Bulk Sales | Financing | Strategic Partnerships