I was in Phoenix yesterday on business with my esteemed colleague.  We were meeting with two devlopers on two different projects about their media options.  As many of you know, Americas Media Group opened up their West Coast office in San Diego so a quick trip to Phoenix is always accessible.  Our first meeting went extremely well and our second meeting went even better.  In a nutshell, we spoke with the developer and learned more about market conditions in Phoenix and even more about conditions of the Phoenix condo market than I had previously known.  On the whole, the entire market in Phoenix is not fairing too poorly.  After all, it's the 5th largest city in America.  Did you know that?  Did you know that Phoenix has 160 golf courses?  The developer was extremely passionate about his city and his project...as he should be.  Mosaic is one the most highly anticipated devlopments in all of Phoenix.  Buyers from all over the world will know about these Phoenix condos once all the media is placed in the appropriate publications and websites. 

I'm in Phoenix, AZ today for a meeting the developer of the much anticipated, Mosaic.  Mosaic, as I'm sure you've all heard is a new condo development slated for completion in 2009.  You can see what Mosaic has to offer on New Condos Online along with other beautiful Phoenix condos.  You should also note that the largest distributor of organic foods, Whole Foods. will be right below the Mosaic - a great duo!

I'm in my hotel room right now at the Grand Hyatt on the 21st floor looking out over downtown Phoenix and I must say, I'm quite impressed and stoked about the development going on right now.  I can see about 8 contruction cranes - kinda like a mini Dubai.  No - not quite.  

Phoenix is quite a wonderful place to live.  I mean, you're prone to the desert, you're set! You have a great basketball team, a football team and some really fun universities.  With prices of condos and homes a little bit below from where they were a year ago, you can find a great deal right now in many parts of the city.  If you fancy Scottsdale or Tempe or Phoenix, I'm sure you'll be able to find a home that fits your desires.

Think back to a time when you saw something that someone else had or that you wanted so badly.... Did you beg your mother or father to get it for you if you promised to be good? Did you vow to do the dishes for 2 weeks in a row or pinky swear to never fight with your siblings again?

Was is it a bike or a calculator watch? Was it a a pony? Regardless of what it was, it was marketed the right way and it reached its intended audience. That concept in it self is very straightforward; An entity considers their development to be built to the highest standards to serve a purpose. At NewCondosOnline we are the best condominium advertising outlet on the internet, BARNONE! What makes us the best? We reach a targeted market of homebuyers and investors by implementing a wide variety of specific tools that the consumer would use. Google, MSN, Yahoo? We spend more than a MILLION dollars a year in optimizing our web presence! We work with 1300 different developers across the WORLD; Belize, The Dominican Republic, Costa Rica, Washington D.C, New York City.... you name it and we are there. Its something we take very seriously over here and we are only going to step it up from here. 2008 is going to be a very productive year and we are expecting to see another successive year of growth.

So if you're trying to reach your intended audience *HOMEBUYERS* , come see us. We'll get your name out there and help you show off that beautiful development you've been working on.

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.

Well, its off the Phoenix, Arizona tomorrow for some newspaper interviews and a talk radio show discussing the current state of the condo and housing makrets, as well as tips/advice for current potential homebuyers.  Everyone is waiting to see what the Fed does today in terms of interest rates, as well as anxious to see how President Bush's mortgage plan rolls out. 

The basis of the plan is to place a five year freeze on mortgage rates for borrowers facing the threat of default on sub-prime mortgages.  Many of these sub-prime mortgages are ARM's, or Adjustable Rate Mortagages.  These loan products are set at a lower fixed rate for 3, 5, or 7 years and then adjust upward based on the Fed's discount rate.  This freeze will essentially place a hold on these rates getting ready to adjust so the buyers won't face loan payments they can't afford.  The banks really do not want to see a massive waive of foreclosures because, let's be honest...banks are not real estate companies.  They do not want to hold assets such as condos and homes for long periods of time.  It is costly!

Over the weekend, I received word that a Phoenix condo development had made a sale from a lead that came through our site. The user was from Washington and found out about this certain development through our site. This is the best news I can ever receive from a client and it makes me very happy to know that not only are our clients happy but they are now convinced that online advertising is a very cost-effective way to advertise their projects. Real estate online advertising is still in the inchoate stages right now but is quickly becoming the most sensible way to market your project. Simply read the blog below as it gives creedence to this argument. If you're a developer and still hesitant about online advertising, shave off a quarter of an inch in your Sunday ad that cost you tens of thousands of dollars. That savings will enable you to show your property to the global community as opposed to that finite newspaper circulation.

As David mentioned, we are off to Tempe for the Groundbreaking ceremony for Mosaic in Tempe, Arizona.  New Condos Online is proud to support our client at this exciting event and look forward to watching this new Tempe condo development change the face of Tempe urban living. 

New Condos Online has also brought in the major media buying representationf for this development though our partnership with Americas Media Group.  AMG, based in Miami but with offices all over the world, will be launching a major campaign for this project and play a key role in the branding strategy. 

In an area wide spread with condo conversions, Mosaic will truly bring a fresh and modern concept to Tempe...and the prices are amazing!!  The groundbreaking ceremony will take place at 6 PM tonight and the project will then be under way!

More to come...

The Phoenix, Tempe, and Scottsdale areas are still experiencing booming new condo construction and converisions from home builders.  Phoenix condos and Tempe condos are still more affordable than many other markets in the Southwest United States.  As we can all remember, Arizona has been attracting many home owners and investors who are tired of paying California state taxes and dealing with overvalued homes and condos.  The desert has been a safe haven of realistic prices, new developments with great amenities, and a more laid back way of life. 

9920 by Diversified Realty Group in Glendale, Arizona is a great example of the fantastic condo buying opportunities in this area.  These distinctive new condos have the amenities and finishes of an upscale resort.  9920 offer one, two, and three bedroom condos starting from only the mid $100's!!  That pricing is tough to beat.  9920 also has a 5,000 square foot club house and a full scale fitness center for those fitness minded folks.  The community also has a great retail center on the grounds which provides unmatched convenience...not to mention you are in walking distance to many great dining opportunities, shops, and entertainment. 

9920 is located at 9920 West Camelback Road and offers 261 residences with many different floorplans to choose from.  The condos range from 750 SF to 1,800 SF. 

Register today for your new condo at 9920:  CLICK HERE

Phoenix condos up to 1,000 sq feet starting in the low 100s! NCO would like to present the Shamrock Glen community, located in North Phoenix.  Shamrock Glen offers 1, 2 and 3 bedroom units ranging in price from $123,000 to $185,000. The community offers all of the amenities of urban living, yet is quietly nestled within the Phoenix Mountain Preserve.  Each new condominium includes an inviting tiled entrance, in-unit stackable washers/dryers, mini blinds throughout, choice of tiled flooring, smooth top electric stove, built-in microwave, granite countertops, refrigerator, dishwasher and new custom kitchen cabinets. Located within a community of $325,000+ homes, Shamrock Glen is truly luxurious living at an affordable price.

Phoenix had a pretty warm summer this year.  From June 1 to Aug 28, Phoenix experienced and average of 94.7 degrees F, just shy of the summer record set in 2002 at 94.8 degrees F.  One reason for such a warm summer is due to the massive development from not only condo buildings but also the concrete, steel and asphalt that goes along with the development.  These 3 elements retain heat generated by the sun causing overnight lows to be higher than average.  If you go to other areas of Arizona, outside of Phoenix, you'll notice that the lows are much more noticable.  Now, I'm sure that a certain administration will eagerly disprove this theory but I'm not going to go there.  Phoenix condos have been on the rise recently and if the development continues, nights may be as warm as the days.

Starting in the $100,000s, 3rd Avenue Palms is a luxurious new Phoenix condo development.  Offering floor plans from 1-3 bedrooms and an unparrelled location, owning here is a no-brainer.  The development is currently completed and ready for homeowners to move in.  Phoenix is one of the best and fastest growing cities in the country so owning a unit for less than $200,000 is a pretty smart investment!  Community amenities include a resort style pool, a clubhouse and fitness center while units enjoy washer/dryers, granite countertops, and my favorite, Roman tubs!  3rd Avenue Palms is located right next to amazing restaurants and ultra hip shopping.  Don't wait to move in!  Check out these condos here on NCO!

Looking for a new condo in Phoenix or Tempe? Rising 23 stories into the clear blue Arizona sky, the Mosaic will forever change the Tempe skyline and the public’s expectations for urban development. Set amid the vibrant, multicultural backdrop of Tempe, Arizona, the Mosaic brings a fresh, intellectual approach to urban living in the Valley of the Sun. With 236 units priced as low as the low 300s, The building itself will become a prized landmark, with breathtaking angles and architectural glass that will beckon people inside.

One of Mosaic’s most important amenities is its location in the heart of downtown Tempe. Residents will be able to step out the door and take classes at Arizona State University, relax by the pool, see a show at Gammage Theatre, check out a movie, shop the fabulous boutiques, or stay in hosting dinner for friends. See mosiac and all new tempe condo projects on www.newcondosonline.com today!

The Phoenix, Tempe, and Scottsdale area has continued to push forward in the softening market buy offering affordable prices for great condos and homes.  Phoenix condos range in price from the $100,000’s to well over $1,000,000 for the higher end product.  Many buyers and investors that are tired of the rising prices on the West Coast have moved inland to areas like Phoenix and Scottsdale.

New developments like 44 Monroe by Grace Communities offer luxury high rise condos from $500K.  Located at the corner of Monroe and 1st Avenue, 44 Monroe is at the epicenter of the vibe in downtown Phoenix by day or night. Distant work commutes are now reduced to a walk, as are trips to your favorite local restaurants, art galleries, shows, museums, and sporting events.  The condos in the 202 unit 34 story tower range from 775 square feet to 4,400 square feet with a completion date of Spring 2008.

Copper Pointe, rising 41 stories in Phoenix, is a stunning new condo development that is guaranteed to help improve the skyline in Phoenix.  Ready in 2009, this development has units ranging from 716 - 1536 SF and starting at $300,000.00.  Copper Pointe incorporates breath-taking views, a state-of-the art fitness center, pilates/yoga studio, outdoor martini bar, an extravagant and luxurious pool, and of course, a conceirge service. 

Visit Copper Pointe on NCO and see how you can customize your condo to your liking.  

I was really stoked today when Grace Communities came on NCO. X Wine Lofts and 44 Monroe are two of Phoenix's hottest new condo developments. Both are new construction and will most likely sell out fast. X Wine Lofts is loft-style living at its finest. With open floor plans and massive balconies, a community pool and spa, loft lovers need look no where else. Come check out these lofts on NCO.

44 Monroe soars 34 stories and houses 202 units. Starting at $500K and ready in 2008, this extraordinary tower will be part of the Phoenix skyline forever. The amenities of this amazing development include a pool and spa, state of the art fitness center and business conference center. Residents will be able to enjoy all of Phoenix at all times during the day as 44 Monroe is situated in the perfect place. Come check out these condos here on NCO.

Monaco Development's condo conversions in Phoenix have generated much interest on our site and should be noted as excellent purchases. Bella Terra at Paradise Valley and Portofino are two projects that have affordable price points with large incentive packages. Starting from the $190s and $170,000 respectively, both are located in Phoenix - prime location!

Bella Terra boasts a fully equipped fitness center, a garden terrace, pool, spa and an elegant clubhouse! Not only does Bella Terra have incredible amenities but also lush landscaping and breathtaking views of mountain ranges. Also, if you're a golf lover, you'll be able to take advantage of Championship golf courses located throughout Paradise Valley.

Living at Portofino isn't too shabby either. Two pools and fitness centers and three spas among other amenities makes this development luxurious and one of a kind.

Come check out more about these two condos and Monaco Development at: www.newcondosonline.com

JAG Development is pleased to announce the groundbreaking on March 15th of their newest project in downtown Phoenix, Portland 38. Portland 38 is located at 725 E. Portland, just east of 7th Street, in the historic Garfield District.

Portland 38 was designed by award-winning architect, Michael Underhill. The 38 units will range from 1217 to 1550 square feet and provide and open, spacious and flexible design. Each unit features its own entrance, oversized one-car garage, and yard. Well-proportioned public spaces, including a swimming pool, poolside terrace, and barbeque area will create a close sense of community and help turn neighbors into friends. Nelson Phoenix LLC is performing the general contracting services on the project.

 

Hey there -

It keeps getting busier over here at NewCondosOnline.com! We're adding many new condo and condo conversion developments in Phoenix. Just recently, the team at NCO has brought on Jag Development and The Condo Pros in the Phoenix region.