Elysian drops condo-hotel plan
2009-11-11 23:05:00 After months of negotiations with its lender, the developer of the Elysian Hotel & Private Residences has scrapped a plan to sell the project's 188 hotel suites as condominiums, removing a cloud of uncertainty over the new $280-million Gold Coast high-rise.The decision to drop the condo-hotel structure sets up the luxury hotel at 11 E. Walton St. for an early December opening, about five months later than planned. And it averts a potential headache for its developer amid signs that some hotel unit buyers, unable to get financing, would try to back out at closing time and possibly sue to negate their contracts. At the peak of the real estate boom, the condo-hotel was one of the hottest investment ideas...
Condo-hotels take another hit
2009-11-11 20:44:00 Crain's announced this morning that The Elysian has finally officially scrapped the idea of condo-hotels. The building at 11 E. Walton is going to end up as 52 condo units and a hotel, instead of some condos and some condo-hotels. In a market where hotels aren't the greatest plan right now, it seems like hard choice to make, especially considering the developer will have to use income from the hotels to pay back the construction loans after the condos have closed. But long term, with a location just a couple blocks from the Mag Mile and a sophistication to match the location, maybe it will be successful in the long run. It will also soon have even more competition when...
Obama, Bueller, condo associations in Chicago real estate news this week
2009-09-19 16:44:00 It's a bit of lifestyle of the rich and famous in this week's news round-up: 1. YOU can be Obama's next door neighbor if you can prove you can pay upwards of 1.5 million, explain why you want the house in the 5000 block of South Greenwood, and pass a secret security screening. No MLS listing for this one. 2. Cameron Frye's house might be torn down to create multiple lots The $2.3 million listing has received several inquiries from developers about tearing it down to create multiple lots for new houses. now you have a decision: Bueller or Obama? 3. Dreamtown Realty reports the biggest sale of the year so far The $5.6 million, six-bedroom, 5.5 bath sold in 56 days at...
Foreclosures Dominate Phoenix Condo Market
2009-09-15 09:01:00 I was recently asked about the state of the Phoenix condominium market, which we haven’t looked at lately. M pulled some numbers for us, and the numbers speak volumes about what’s happening out there. [So does this picture from the 3rd Avenue Lofts in Scottsdale] Here’s what M had to say: [Numbers from 9/11] Active &-nbsp; &n-bsp; 5,775 &n-bsp; 1,997 Under Contract &-nbsp; 1,993 &n-bsp; 1,520 Sold (Past 30days) 860 &nbs-p; 528 The number in red is the total of REO and pre-foreclosure. 76% of the pending sales are "distressed", but only 35% of listings. You and I both know the condo market was a haven for speculation and fraud. Some of the largest commercial defau...
By: HousingDoom
Olive 8 Condo receives LEED Silver certification
2009-09-10 20:30:00 Olive 8 has been awarded Seattle's first LEED Silver certification (hotel/condo) by the U.S. Green Building Council.ShareThis
August 2009 Seattle condo market update
2009-09-07 23:31:00 The median Seattle condo price inched up 3.8% to $280,274 last month. Though that's still below last August's median price by 9.6%, the year-over-year gap continues to narrow.ShareThis
Gallery & Brix Condo Auctions
2009-08-28 18:18:00 Brix and Gallery Condominiums are heading to auction on September 27th with 83 homes available. Minimum bids start from $165,000.ShareThis
Maryland Heights 2 Bdrm Condo
2009-08-27 11:12:00 Impressive & Inviting Terrific 2 Bedroom 2 Bath Condo with Wide Open Floor Plan 11614 Maple Glen This terrific Westport Crossing Condo has a wide open floorplan & is just across from the inground pools & tennis courts. It features...
Why did condo-hotels seem like a good idea?
2009-08-10 23:16:00 When I first learned about condo-hotels around 2006, it seemed like a decend idea to me: the developer sell you a unit, you can stay there as many days as you want, and the property manager rents it out the rest of the time. You share the profits. On the surface, owning a hotel room doesn't seem like a bad investment choice- it's low maintenence, but you could still have a very nice vacation "home." And at the time developers were trying to knock each other out with amenity packages. But just four years later, the concept has pretty much disappeared, according to this Crain's article from today. With just one of the dozen condo-hotel projects in the city really...
July 2009 Seattle condo market update
2009-08-07 22:34:00 Seattle's median condo price dropped to $270,000 in July; condo sales are showing signs of slowing.ShareThis
Continental Condo grand opening - Bellevue
2009-08-06 20:35:00 Bellevue's newest condominium development, The Continental, is celebrating its completion with a grand opening event on Saturday, August 8th from 11am to 6pm.ShareThis
Luxury Hotels And Condo Hotels Around The World
2009-08-06 01:30:00 ... unadulterated luxury, there are many hotels in India from which you can pick and choose. There are also luxury accommodations in Blackpool, a coastal destination in the United Kingdom, for those looking for a fancier vacation. But book this ...
For Lease: The Shannon Condo $2700 - 2bdrm Capitol Hill
2009-07-30 00:42:00 For lease: Spacious 1,300 sq ft two-bedroom on the top of Capitol Hill featuring fantastic views!ShareThis
Condo King County Weekly Sales Ratios for June 10th, 2009
2009-06-12 01:27:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
Condo King County Weekly Sales Ratios for May 27th, 2009
2009-06-02 20:40:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
Condo King County Weekly Sales Ratios for May 20th, 2009
2009-05-26 21:09:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
Las Vegas High Rise Condo Filed For Bankruptcy Protection This Week
2009-05-01 08:50:00 Las Vegas high rise condo filed for bankruptcy protection this week. The 21 story downtown luxury condominium project filed for Chapter 11 bankruptcy protection. Real estate developer Dusty Allen for Streamline Tower racked up approximately $125 million in construction costs of the 275 unit high rise. Corus Bank of Chicago financed the downtown development. The finalization of ...
AC: Options for soundproofing your condo
2009-04-24 17:29:00 "I remember how excited I was to move into my first condo. It had shiny oak wood floors, freshly painted, and renovated kitchen and marble counter tops. The only problem was my neighbors. Upstairs, downstairs and next door, the noise was unbelievable. Between the music bumping, the walking from room to room, barking dogs and parties it was almost impossible for me to get any sleep. That's not even talking about the screaming babies (no fault of their own of course) that went all through the night. How in the world can you live in your condo peacefully while still respecting your neighbors? The key is to insulate your condo."Read More at Associated Content
Condo King County Weekly Sales Ratios for March 19th, 2009
2009-03-20 18:43:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
Naivity & Childlike Left Behind; Condo
2009-03-19 22:36:00 See, I promised a new item today! Today's featured item is on shoes! Sexy sexy shoes! Hehe. There fun, and colorful making everyone's day! They are the Condo 2 Lace Up's! Aren't they just the cutest? I adore them, and their pretty blue laces!Original, Modern, Fine Art By Contemporary Artist, Pamela Miller. Painting and Art includes: Abstract, Cityscape, Seascape, Asian, Fantasy, Animal (ie Fish, Cat, Horse Art), Nudes, ACEOs, SFA and Still Lifes. Mediums Used: Acrylic, Watercolor and Mixed Media
Condo King County Weekly Sales Ratios for March 11th, 2009
2009-03-16 05:44:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
Liens Against Real Estate Developer Pile Up Halting Condo Progress
2009-03-11 07:52:00 Liens against real estate developer pile up halting condo progress in Las Vegas. Economic downturn and improper construction has stopped construction on this $350 million ManhattanWest Las Vegas mid rise real estate development. Problems arose for ManhattanWest last August. During this time the general contractor Camco Pacific replaced Apco Construction. A previous project engineer stated that over ...
Condo King County Weekly Sales Ratios for March 3rd, 2009
2009-03-06 00:37:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
The 7 most expensive regions to own an ocean view condo in Central America
2009-03-05 20:41:00 Costa Rica tops our list coming in first and second. In fact, 3 of the 7 regions fall within Guanacaste, Costa Rica’s northern state. The data is based on our database of real estate developments in Costa Rica, Panama, Belize and Nicaragua. Nicaragua, being a cheaper destination than the other countries, did not make the ...
One More Condo Card!
2009-03-03 22:43:00 It's featured product time, and today's featured product is a fun, saucy card; that can be given for any occasion. Birthday, or otherwise! It's the Condo Card!Original, Modern, Fine Art By Contemporary Artist, Pamela Miller. Painting and Art includes: Abstract, Cityscape, Seascape, Asian, Fantasy, Animal (ie Fish, Cat, Horse Art), Nudes, ACEOs, SFA and Still Lifes. Mediums Used: Acrylic, Watercolor and Mixed Media
Richard Daniel Baas commented on the blog post Finding a Ft. Myers Condo
2009-02-25 17:17:00 Richard Daniel Baas commented on the blog post Finding a Ft. Myers Condo I am not familiar with the Fort Myers Area but If they are traveling to North Florida I can give them some tips on what to see. Also My wife works for the State Library and is in Charge of Public Documents so she can help too. -Richard Baas
Condo King County Weekly Sales Ratios for Febuary 12th, 2009
2009-02-22 01:24:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
Condo Buyer Boot Camp in Wallingford on Wednesday
2009-02-19 22:21:00 When to buy? What can I afford? Why a condo? This is a complimentary class that seems to offer some value for those who beginning their search, and may still need some guidance on loans/credit. We usually try to stay away from promoting things like this, and try to use it more for just sharing knowledge ...
Wizardress wrote a new blog post: Finding a Ft. Myers Condo
2009-02-19 21:05:00 Wizardress wrote a new blog post: Finding a Ft. Myers Condo I'm not really sure how it came to pass that my parents, friends of my parents, and other family members have equated me with being the 'travel expert' but apparently that's my new title- Lori, travel expert extraordinare. My parents are planning a trip to sunny Florida later this year, and wanted to discuss their ...
Condo King County Weekly Sales Ratios for January 29th, 2009
2009-02-06 21:12:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
No Money To Buy A Luxury Las Vegas Condo? Try Trump Las Vegas Rentals
2009-01-27 08:56:00 No money to buy a luxuy Las Vegas condo due to the tightened credit market and increased down payment? A new idea for a local Las Vegas real estate developer has come up with a solution for a slump in sales, rent unsold condominiums. Now you can live like a king on a smaller budget. Trump ... Tags: Las Vegas Real Estate, Las Vegas News, Las Vegas Condos, Trump Towers Las Vegas, rental, lease, condo hotel, las vegas luxury real estate (Comments)
Condo King County Weekly Sales Ratios for January 22nd, 2009
2009-01-26 19:16:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
Kirkwood 2 Bdrm Condo
2008-12-25 08:42:00 Awesome Lake View 2 Bedroom 2 Bath 3rd Floor Condo 1141 Arbor Creek #3A Great Condo Community with Terrific Location! This condo is on the 3rd floor, but only up one flight of stairs from the parking lot. Being on...
Great high floor Marina Blue condo available
2008-12-15 20:32:00 The highest in it’s line atMarina Blue, #5108 is a really great 2 bedroom unit on the NE corner of the building. This affords great panoramic views out over Biscayne Bay, South Beach, and the Atlantic Ocean. 10′ high ceilings, floor-to-ceiling glass, and a large balcony are all standouts in this class of condominium. Marina ...
Chesterfield 2 Bdrm Condo
2008-12-12 08:35:00 Charming Community 2 Bedroom Chesterfield Condo with Awesome Amenities 15022 Claymoor #3, Chesterfield Beautiful 2 bedroom, 2 bath condo featuring an extra-large formal living room w/ marble surrounded wood burning fireplace & 2 separate French doors to an enlarged patio....
Condo King County Weekly Sales Ratios for December 11th, 2008
2008-12-12 01:22:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle) Posted in Downtown (MLS Area 701), Weekly Sales Ratios
High floor Marina Blue condo, oversized 2 bed!
2008-12-09 18:48:00 Great condo atMarina Blueavailable. Unit #4609 is on the first floor of oversized units, this is ~300sq/ft larger than 09 units on lower floors and also features 1′ higher ceilings! Amazing ALL water views with floor-to-ceiling glass and huge balcony.
Condo King County Weekly Sales Ratios for December 4th, 2008
2008-12-08 23:53:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle) Posted in Downtown (MLS Area 701), Weekly Sales Ratios
Condo King County Weekly Sales Ratios for November 27th, 2008
2008-11-27 19:49:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle) Posted in Downtown (MLS Area 701), Weekly Sales Ratios
Condo Market Reports for the 3rd Quarter in Ann Arbor
2008-11-15 15:52:00 The 3rd quarter market reports for condos in Ann Arbor. Once a month I publish these reports created by Big House Data, a firm I use in Ann Arbor to scrub the data from the Ann Arbor Area Board of Realtors. The number of listings of condos in Washtenaw County was down, the solds were up and the sale price was up from Oct 2007 to Oct 2008. The up price was 1.5% but this is still UP ! This is a good sign because as we decrease our inventory the sales prices will stabilize. Search the Ann Arbor MLS To view more reports and graphs go to Ann Arbor Real Estate Talk. These 3trd quarter reports are only for Ann Arbor. To view Saline, Dexter, Chelsea, Milan, Ypsilanti, Whitmore Lake you will need to view on my other blog.
Condo King County Weekly Sales Ratios for November 6th, 2008
2008-11-13 19:01:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle) Posted in Downtown (MLS Area 701), Weekly Sales Ratios &-#160;
Condo sales remain steady
2008-11-13 06:03:00 Nov 08, 2008Toronto StarThe Toronto condominium market was on pace with 2005 and 2006 in terms of new unit sales, according to the latest data from Urbanation.“The Toronto condo market is showing signs of softening, indicating that the ‘go-go’ market of the past few years has returned to more normal levels, as Canada feels the effects of a so-far-mild slowdown,” said Jane Renwick, executive vice-president of Urbanation.The Toronto development industry appears to be on track to sell about 16,000 new condo units in 2008, down from the record-breaking 2007, but on trend with both 2005 and 2006.A total of 15 new condo projects opened in the third quarter of 2008, and sales were strong, as 47 per cent of the 4,449 new units released were sold during the quarter. This compares with the historic norm of 35 to 40 per cent.Pricing for new condos in Q3/08 was up a modest 2.5 per cent from the previous quarter, from $396 per square foot in the second quarter to $406 per square foot in ...
Condo King County Weekly Sales Ratios for October 30th, 2008
2008-10-31 18:27:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle) Posted in Downtown (MLS Area 701), Weekly Sales Ratios &-#160;
Ann Arbor Condo Market Reports for September
2008-10-20 01:29:00 The condo market in Ann Arbor saw less than a 1% decrease in prices for September 2008 from September 2007. Year to date condos' are down 8.5% in Ann Arbor. The good news for condo buyers in Ann Arbor is that the inventory is also down by 32.75%. For the month of September the condo listings are down 24%. Less inventory on the market is a good thing. Price your condo right, and be in excellent showing condition and your condo will sell. In Ann Arbor we have so many buyers that are attending school at the University of Michigan for only a few years that many chose to buy a condo so they can focus on school. Average days on the market for condo sales in Washtenaw County is 91. To see the graphs in detail, visit Ann Arbor Real Estate Talk. You can begin you condo search at Search Ann Arbor Houses.
Condo King County Weekly Sales Ratios for September 10th, 2008
2008-09-15 20:48:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
Foreclosures on Alabama Coast Condo Smash Plateau
2008-09-12 16:46:00 The problem of foreclosure homes had a great impact on a plateau nearly six months ago that had a negative impact on the real estate. According to Daniel Craven of Gulf Shores, they are not in a desperate financial situation as in other parts of the country. He further said, “And collection efforts on delinquencies ...
Brand New Condo @ Yonge/Hwy 7
2008-09-11 19:08:00 PURCHASE NOW AT PREVIEW PRICES!! Excellent Investment....(prices have NOT gone up yet since Grand Opening!!!) North of Highway 7 and east of Yonge Street....Distinctive architecture, gracious landscaping and a spectacular lobby combine to create an elegant ambience. The community is surrounded by an array of malls, superstores, plazas, restaurants and movie theatres. The spa-inspired Wellness Centre includes an exercise room, cardio/yoga facility. Other building amenities include two party rooms fully equipped with a kitchen and bar feature, a media/ billiards lounge and a fully furnished guest suite. All suites include GRANITE COUNTER TOP, LAMINATE FLOORING, DOUBLE SINK, STAINLESS STEEL APPLIANCES and MUCH MORE... Also for a limited time receive up to $5000 in FREE additional upgrades...PLUS receive a BONUS $300 IKEA gift card.... CLOSING: November 2010Deposit: 15% within 6 months 1 bdrm starting at $199,500 (625 sq ft)2 bdrm starting at $239,500 (760 sq ft) Walking distance to th...
Washtenaw Condo Market Reports for August 2008
2008-09-10 05:10:00 Need to sell a condo in Ann Arbor or Washtenaw County? Make absolutley sure it is priced right. The condo's priced right are selling. I sold one last month in 2 weeks, it was in excellent condition and the sellers listened to my advice on pricing. August 2008 saw a total of $9.5 Million in closed condo transactions. There were 56 closings in August 2008, which is down 28% from August 2007. The number of new condo listings is down 18.5% and year to date the listings for condo's is down 33%. Slowly but surely the inventory is getting absorbed. The average list price was $170,137.00 down from August 2007 by 9.5%.
Condo King County Weekly Sales Ratios for September 3rd, 2008
2008-09-05 19:41:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
Condo King County Weekly Sales Ratios for August 27th, 2008
2008-09-02 00:43:00 Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle) |
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