August 2013

Dutch Docklands is a company that builds floating developments all over the world.  They have an eye on Miami for the next floating project.  This would require 500-1000 acres, allowing room for schools, housing, shopping, and a hotel.  In 2005, the company launched Ocean Flower in the Maldives.  The Ocean Flower development includes 185 water front villas, a beach, restaurants, and shopping.

Federal and Florida officials would need to agree to lease local water for this project to move forward.  With most of Miami-Dade developed, this could provide expansion of tax revenue and increase housing inventory as demand continues to increase for this international city.

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One of the ways to follow the real estate market is the Case-Shiller Index.  This is very helpful, however only accounts for single family homes.  Because Highrises.com focuses on Condos and Lofts for sale across the US, we follow the Condo Index which is a less known value indicator for multifamily living.  S&P Dow Jones released a report today that shows how the market has changed over the last 18 years.  The cities they have followed condo prices in five major US cities since 1995 including: San Francisco, Chicago, New York, Boston and Los Angeles.  

Back in 1995, the seasonally adjusted condo index hovered between 50 and 100 and reached a peak of nearly 150-300 in 2006.  Los Angeles was the highest value at 285 in 2006 following the trend of the

As the overall US economy is making a come back, Portland is no different and reflects this with a 13.8 percent increase in median home prices in July 2013 when compared with July 2012.  The regional MLS shows the average home prices in Portland at $273,800, and the average condo sale price at $326,100.  Inventory is down as well with the supply going from 11 to 3 months since July 2011.  This means that there will be more competition, and buyers will see it in the form of multiple bids and cash offers dominating.  Almost 300 condos were sold in July alone with it up nearly 100 sold condo units when compared with July 2012.  

The affordability index in Portland has dropped from 185 to 135 since March of this year.  When the affordability index reaches

Want a luxury man cave to call your own?  This is the top of the line place to have a beautiful condo at the Texas Motor Speedway located at Lone Star Tower overlooking turn two of Texas Motor Speedway. Have a place to make your perfect meal while watching Kyle Busch claim his 14th victory.  Or run down to Fuzzy’s and grab one of the most famous tacos in Fort Worth.  Go in and get a NASCAR racing experience at their driving school.  

Get a perfect view for the 2015 Truck Races coming to TMS.  This is the only unit that has a balcony that extend the entire length of the unit.  During a cup race 30,000 to 40,000 people visit TMS and you’ll have the best private space in the house.  You can also use the space to thank your clients, investors or a best

Our featured listing today is located in the prestigious Pecan Place.  This incredible three story condo has plenty of space to spread out and relax.  Located in downtown Fort Worth, you get to enjoy all the action of downtown with restaurants, entertainment, parks and Sundance Square.  You will enjoy the best of both worlds, blending elegant style and convenient living at the epicenter of the city's activity and growth.  Upgraded finishes include granite counter tops, jetted tub, rooftop deck and patios.  One of the greatest perks, it includes an elevator so people with all abilities can enjoy any floor.

This listing at $399,900 won’t last long.

Call Graham Stiles today to view this property 817.458.3051

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Our featured property on the market today is located at the Executive Tower in Phoenix.  This spacious condo is located on the 5th floor and has spectacular views of downtown.  This condos has been fully refurbished and has stainless steel counter tops, stainless steel powder coated cabinets and high end Miele appliances.  It also has been upgraded to have custom lighting to match the moods of each living space with romance and modernism.  You’ll enjoy the views from inside with floor to ceiling dual pane windows.  You can also relax while having your morning coffee and on the North facing balcony.  This is a spectacular urban style condo with exposed AC ducts, and environmentally smart (helps the planet and your allergies) concrete floors and ceilings.

Today's featured Atlanta Condo $174,900 at Paces 325 

This one bedroom, 1 bath condo was built in 1994 and has hardwood floors, granite counter tops, spa like master bath with dual entrances, a perfect floor plan that allows enough office and dining.  There is a large balcony to enjoy a crisp evening with friends with amazing views of Atlanta.  Paces 325 is located in Buckhead, Atlanta's best live/work/play neighborhood.  Paces 325 has excellent amenities including pool, concierge, tennis and fitness center. 

Call us now!  Direct Phone: 404-965-3006

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Are you thinking about selling your condo?

At Highrises.com we specialize in helping you buy and sell your next condo.  Because we have experience on both ends of the transaction, we thought we would share some tips for you to make certain your condo is ready to sell.

1)  Place a few plants in the entry

Although most of the condos already have landscaped public areas, what does your place say about how green things live there?  What is the first thing a person sees when they walk up?  It should be some green healthy plants, especially if you have a unique way to display them in an organized, yet trendy plant holder like this one.  The entry should be clean and well swept.  Get rid of any old looking entry mats that make the place look dingy.

2)

Interested in a Condo at The International Tower Condos in Long Beach?

Written by Shel-lee Davis 

The International Tower Condo Building in Long Beach is a 32 story residential high-rise that has spectacular and panoramic views of the harbor.  You can relax inside and see the views from the living room with floor to ceiling walls of glass overlooking the Marina, the Queen Mary, Catalina Island and city lights or you can go out to your private wrap around balcony and watch the sunset while enjoying your favorite Merlot with your best friend.  

The kitchens have been redesigned with new appliances and classy granite countertops to cook those appetizers that go so well with your Merlot and balcony view.  

Here is an example of what a unit looks

Our new agent, Michael Burke was featured today in Naples News as the new Highrises.com Exclusive Agent of Naples, FL.  Michael Burke worked for 13 years as the President of DPS Maintenance Management Group, Inc, a successful computer hardware service company.  He uses this experience to create long term relationships in real estate.  Michael is with the Keller Williams Elite Realty based out of Bonita Springs, FL.  Michael is originally from Cleveland, Ohio and received his BS in Criminal Justice where he used to play hockey on the Kent State Hockey Team.  These days, Michael is enjoying helping others through the buying and selling process.  We are glad to have Michael on our team at Highrises.com and look forward to having him with us as our company