Phoenix Media Tour-Phoenix Condos

Our President Brent Gleeson is in Phoenix this week on a large media tour. He has interviews with several radio stations and multiple newspapers and magazines. He will be discussing the Phoenix condo market and how www.newcondosonline.com helps developers sell units in this tough market right now. NCO also has some unique bulk buying programs where we can buy a large portion of units and we are working on some of the bulk buys right now in the Phoenix market. www.newcondosonline.com has the largest presence of any condo site in the Phoenix area. There were a lot of new projects planned for the downtown Phoenix condo market but some of those have been put on hold for now to allow demand to catch up to supply which we feel will begin to happen later in 2008. Overall condo sales have dropped off 37% since the peak of the real estate market back in 2005. With slower sales, developers need to use the most cost effective marketing methods as possible. 85% of all people start their new home search on the internet and www.newcondosonline.com is the largest and most visited new condo advertising site in the world. 57 different projects in the greater Phoenix area have chosen to advertise on NCO and developers have been able to sell a lot of units through e-leads generated on their listings on www.newcondosonline.com.   Check out the Phoenix condo market here. There are a lot of great incentives right now being offered by these developers such as free HOA's, no closing costs, free improvements, and more.