Blog with news about the Fort Worth, Texas, high-rise condominium and loft market.
There are currently 54 blog entries related to this category.
Friday, June 14th, 2013 at 9:24pm. 0 Comments.
The American Journal of Real Estate Finance released data that shows that real estate agents who focus on a specific geographic area sell homes for 1.21% greater prices than those who list homes in large areas. The secret to finding a great real estate agent is to find an agent who is familiar with an area and has a niche. At Highrises.com, not only do we have agents who focus on cities, but also in high-rise condos. We know the in’s and out’s of all the details of each building.
One Highrises.com Client, John Cioch said of our Dallas Agent, Emily Ray-Porter, "Emily’s professional and personal touch has really made this the best buying experience ever! Her expertise and knowledge in the Dallas condo market is untouchable."
Monday, June 10th, 2013 at 10:23pm. 0 Comments.
A survey just released from Fannie May states that Americans are now increasing in confidence that it is becoming a good time to buy and sell.
Just one year ago only 16% of people thought it was a good time to sell. One year later the number of people who think it’s the right time to sell is up to 40%. This is the greatest increase in three years of the survey and shows confidence in the housing market growing rapidly. Senior vice president and chief economist at Fannie Mae, Doug Duncan stated, "Sentiment toward selling a home appears to be catching up with the strengthening housing market."
Also currently 46% of Americans think they could easily get a mortgage to purchase a new home. Also up from one year ago, is the percent of people…
Tuesday, May 28th, 2013 at 8:14pm. 0 Comments.
America's downtowns are growing and this is contributing to the Condo Craze many cities are experiencing. Downtown activities such as cafes, shops, clubs and nightlife help keep the college educated 25-34 year olds entertained. In fact from 2000-2010 this demographic increased downtowns by 26%.
In an article from Forbes in April 2013, Lee Fisher, president of CEOs for Cities stated, "The cities that capture the mobile, college-educated 'young and restless' are the ones who are most likely to revitalize their downtowns and accelerate economic progress in their cities." CEOs for Cities is a national not-for-profit organization that helps U.S. cities map out economic growth. City Planners have been working nonstop to help downtown…
Wednesday, May 22nd, 2013 at 10:31pm. 0 Comments.
A new study by the European Journal of Epidemiology shows that residents who live above the 8th floor are 22% less likely to die early. The research shows that two major illnesses, lung disease and heart disease are lowered once people live above the eighth floor.
The only rate of death that increased as the floor number increased is, of course, suicide. Those living on the first floor were 60% less likely to committ suicide by jumping. We're a little surprised that it's only 60%...
So start living a healthier life and Search for a High-Rise Condo now!
Thursday, May 2nd, 2013 at 11:22pm. 0 Comments.
Are the bidding wars back? You bet they are. We asked four of our Highrises.com partners about the trends in real estate.
Ian Bell from Seattle said a property listed on a Thursday for $780k, and by Monday there were 10 offers, come even offering to waive inspections! The property ultimately sold for $930k to a cash buyer. This prompted Ian to wonder, “How do regular folks compete?”
Danielle Contreras, our Highrises.com partner from San Jose, CA is seeing a similar trend in her real estate market. A property recently listed for $668k and quickly received 11 offers. The price of the house jumped to well over $700k with one buyer even agreeing to waive all contingencies.
Danielle said she has experienced so many stories just like…
Thursday, April 11th, 2013 at 10:31pm. 0 Comments.
The Dallas-Fort Worth real estate market has made a drastic turn around from the year prior. According to The Real Estate Center at Texas A&M University, condo and townhouse sales are up 55% with some districts seeing double the number of sales. With mortgage rates low, rents rising and unemployment down, the number of buyers are increasing. Some Dallas and Fort Worth condos are seeing bidding wars with multiple offers within days.
The condo and townhouse market is trumping the sales of single family homes which is still at an incredible 22% increase. The market is hot and we can help you navigate to help you find your perfect home.
Search Dallas Condos Now
Wednesday, April 3rd, 2013 at 4:26pm. 0 Comments.
Worth Magazine has looked at all the luxury high-rise condo buildings throughout the world and compiled what they think are the ten best. They're pretty vague about the criteria they used, only saying that these are "Then of the world's coolest places to live". We would add a few to the list if we could, like Sierra Towers in LA or Museum Tower in Dallas.
1. One57 in NYC. 90 floors but only 92 units!
2. One Hyde Park in London.
3. Opus in Hong Kong. A Frank Gehry production. 12 units, 12 floors.
4. Absolute Towers in Toronto. The first tower sold out faster than most concerts... they were gone in 24 hours.
5. HSB Turning Torso in Copenhagen. Pictured to the right. Powered entirely by locally produced renewable…
Wednesday, March 27th, 2013 at 10:11pm. 0 Comments.
We have great news we have to share! The Happiest Job in America in 2013 is Real Estate.
Forbes just listed the top 10 happiest (and respectively happiest) jobs in America. The #1 happiest job was a real estate agent. Careerbliss surveyed 65,000 people to come to this blissful conclusion. The logic behind this is real estate agents are rewarded for their success. They can have a flexible schedule and increase their income with hard work. The careers with less rewards and more office politics scored the lowest on the happy rating including associate attorney, customer service associate and sadly RN’s and teachers.
The Bureau of Labor Statistics expects an 11% increase in real estate jobs from 2010-2020. The majority (57%) of real estate agents…
Tuesday, March 19th, 2013 at 7:36pm. 0 Comments.
The Feburary 2013 report from the US Census revealed some interesting news for multi family units. New Privately-Owned Housing Units Authorized in Permit-Issuing Places increased 54.9% from Feburary 2012 to Feburary 2013.
In February 2013, 285,000 buildings with five or more units began construction for units in buildings with five units or more, up from 240,000 in February 2012. As the economy recovers, we expect more completed projects as many we on hold or canceled from 2008-2012.
View some recent developments in Highrises.com's New Buildings Blog.
Tuesday, February 15th, 2011 at 7:32pm. 0 Comments.
See article below...