1717 5th Avenue Seattle Homes and Penthouse Suites

A Seattle real estate construction property available for immediate occupancy in December of 2006, the 1717 5th Avenue development is quickly becoming a great home choice for families and couples living in Washington State.

Liveable and low maintenance urban living is provided by the new and improved Seattle 1717 5th Avenue homes and condominium residences now selling in the Seattle real estate property market. From 1 to 2 bedroom homes to just one penthouse suite condominium still remaining at the 1717 5th Avenue development, now is the time to decide to either purchase a starter family home or to downsize and capitalize on the hot Seattle real estate market right now. With many urban cities within the United States experiencing a downturn in the markets right now, Seattle and the surrounding areas are seeing a revitalization and boom in the condominium market such as the properties at 1717 5th Avenue homes. You can read more about the strength of the Seattle real estate market at this newspaper article clipped out by the Williams Marketing Group of marketing specialists for the 1717 5th Avenue condominium penthouse suite and homes: williamsmarketing.com/media_news/CondoBoomJustStartingExpertsSay.pdf. As you will see, the burgeoning market in Seattle will continue for years, so now is the perfect time to get into a newly revived residential building offering the best in onsite and offsite amenities, local conveniences and features that are not present at other pre-construction real estate properties. The 1717 5th Avenue Seattle homes and condo residences are now available at affordable costs and for you to move-in after December 2006.

The location is key to any real estate purchase

If you are looking for a central condominium home development and residential community that is safe and close to the business districts of Bellevue as well as seattle, the 1717 5th Avenue homes and condominium residence apartments are perfect for you and your family. Close to great schools, universities, local conveniences such as grocery stores, libraries and more, the 1717 5th Avenue homes in Seattle Washington are also next to the entertainment and arts scenes that this city is well known for. The address of this Seattle real estate property is at 1717 5th Avenue North in Washington State 98109. The residential community sales manager for the 1717 5th Avenue Homes is Colleen and you can reach her at 206-300-2410 today. Again, the condo homes and penthouse suite still available are good to go for a move-in date in December ’06 and the sales center for the 1717 5th Avenue homes residences is open on Saturday through Wednesday between eleven till five. To contact a sales agent online, please visit williamsmarketing.com/comm_17175thavenue/contactagent.html. for directions on how to get to the 1717 5th Ave homes and penthouse condos, please visit Mapquest at mapquest.com/maps/map.adp?searchtype=address&country=US&addtohistory=&searchtab=
home&formtype=address&popflag=0&latitude=&longitude=&name=&phone=&level=&cat=
&address=1717+5th+Avenue+N&city=seattle&state=wa&zipcode=98109.

Seattle 1717 5th Avenue Home features

A long list of features and interior finishes can only be seen online or if you visit the sales office of this property. It’s just too long to list on this web site. However, some highlights of the features at the 1717 5th Avenue Homes in Seattle Washington will include an elevator as well as designated parking in a secure garage for all residents. There will also be forced air heating in addition to oversized storage lockers for all residents at Seattle’s 1717 5th Avenue condominium homes. Located in the Queen Anne district of Seattle WA, the 1717 5th Avenue homes and condominium residences will have great views of the surrounding city skyline in addition to Lake Union neighbourhood and it is quoted as residents being able to watch the fourth of july fireworks from the privacy of their own decks and balconies, which is very spectacular and great for entertaining during those summer months. Also, with new GE stainless steel kitchen appliances, track designer lighting, cherry cabinetry, tile or hardwood flooring and fine detailing, the Seattle 1717 5th Avenue homes and residences are high-end and low maintenance ensuring that you will have more time and money to spend on enjoying life with your loved ones. In addition, optional upgrades include laundry facilities like a washer and dryer and in select units at 1717 5th Avenue Homes, there will be wood burning fireplaces.

Layout floorplans at 1717 5th Avenue Seattle homes

With many of the home units already sold, there are still three distinct floorplan layouts to choose from for your condominium home or penthouse suite. Firstly, Series 01 is a two bedroom and one bath layout at the Seattle 1717 5th Avenue homes and condo residences and features between nine hundred and twenty three to nine hundred and thirty six square footage. Series 02 and 03 at the 1717 5th Avenue condominium homes are smaller one bed and one bath condo units that will range between six hundred and sixty seven to seventy one sq ft in urban space. Lastly, the Seattle 1717 5th Avenue residence homes and real estate properties will feature Series 04 floorplans that will be two bdr and two bth condominium units that range between eight hundred and ninety to nine hundred and five square feet.

If you are hunting for new presales Northwest or Seattle condos pre-construction real estate, please click here.

Don’t make the same mistake in property investing in real estate!

Lawyer Rob Balanda pulls more property investment warning stories from his filing cabinet, so you can learn from the mistakes of others. This was published for the Australian Property Investor magazine in February 2007 (apimagazine.com.au)

Trading Properties

I received a call from a real estate investor who had been sitting on an old fibro cottage in an areas which he though would be a prime redevelopment real estate site. He had been watching real estate prices rise and rise but in the past year or two they’d slipped back.

He didn’t find this out until he put the real estate property on the market at what he thought would be a record price, only to find out that the real estate market hadn’t rung a bell when it hit the top, and he’d missed the upswing. Keen to see the real estate property investment, but with unrealistic expectations about its value in the market, he placed an ad in the exchanges and trades section in the real estate part of his local newspaper.

As luck would have it he found someone with a similar problem and he agreed to exchange his real estate property for another person’s expensive unit. The exchange got him out of a property investment that he no longer wanted but he didn’t have the cash fro the sale to, for example, pay his capital gains tax.

I also gave him a fright when I told him the amount of stamp duty he’d have to pay on the expensive unit that he was trading for. He then suggested to me that we should “write down” purchases prices of both real estate properties to save him and his co-investor a bit of stamp duty and a lot of tax. Wrong.

My advice to him was this was a definite no-no and I strongly urged him not to do it. The reasons I gave him were as follows:

1. Firstly, writing down the real estate purchase prices deprives the Australian Tax Office of revenue and this is considered fraud.

2. Secondly, the Office of State Revenue is entitled to stamp duty on the real estate purchase price of the traded property investment or its value, whichever is greater, and by writing down the purchase prices he will deprive them of revenue.

3. Thirdly, as he was transferring a loan from the fibro dwelling to the real estate unit this created all sorts of problems for him and his lender. Lenders base the amount they’re advancing on the value of the real estate property or the purchase price – whichever is lesser. If he wrote down the value, the lender wouldn’t be able to transfer the full amount of the loan that he had on the fibro cottage over to the new unit.

4. Finally, and worst of all, you artificially create a lower cost base for capital gains tax purposes which could come back to haunt you in the future. For example, if you wrote down the value of the real estate property which was valued at $600,000 to a $400,000 sale price and you later sold the property after it had gained $200,000 (making it now worth $800,000), tax would be payable on the amount of $400,000 ($800,000 less $400,000). This is a huge mistake and the real estate investor wanted to do it to save himself a miserable amount of stamp duty. Forget it!

Option or first right of refusal on real estate property investments

A real estate property investor advised me that he and the owner of the property had agreed that he would have first option to buy this property in the next six months and asked me if I could do something simple to document this agreement. I asked him:

What was the purchase price for the real estate property investment should the first option be exercised?

When would the settlement take place?

What was the amount of the deposit?

I also asked some other questions about details that are normally included in a formal contract of sale for real estate property.

It was clear to me that he hadn’t agreed to take an option to buy the property investment, but had simply been given a right of first refusal. There’s a fundamental difference between these two concepts.

An option to purchase real estate gives the buyer of the property the right, but not the obligation, to buy the real estate property within, say, a six-month period. It allows the investor of real estate to put the property on lay-by and during the next six months make up their mind about whether they wish to purchase the property or not.

It’s essential however that the exact terms of the contract that comes into existence if the option is exercised are finalised at the same time the option is granted for that real estate property specifically, for example the purchase price, settlement date, deposit, etc.

A right of first refusal has been described by the High Court of Australia as “worthless”. It means that if the real estate owner of the property at some time in the future decides to sell the property – and they don’t have to – they agree to first advise you that it’s now available for purchase.

That purchase will be on whatever terms and price they determine and once they’ve made you aware that it’s for sale, then you’ve discharged their obligations to you. It’s for this reason the High Court says it’s worthless.

For more practical point of view, and not the lofty heights of the highest court in the land, the right of first refusal does have some value. It’s worth something to be the first person to know that a real estate property is for sale, as you can then at least take the initiative and attempt to buy it.

Rob Balanda is a partner of MBA Lawyers at Surfers Paradise and the author of the “Made Simple” series of publications available from Business Mall. Please note that this information is of a general nature only and does not constitute professional advice. You must seek professional advice in relation to your particular circumstances before acting.

Main North Royal Oak Loft Condominiums and Terraces

Elements of urban living in Detroit Royal Oak community in Michigan can be found at the new Main North condominiums and terrace homes real estate development. A distinctive property in Royal Oak Main North properties will feature loft homes, family residence and terraces, that will create a fun and exciting new residential community at Main North Royal Oaks MI.

A high-end and liveable residential community in Royal Oak Michigan close to Detroit at the Main North community is behind developed by the real estate development team at Joseph Freed Homes who have been the masterminds behind some award-winning real estate projects that include the Groves at Palatine, Mentor Building and Phoenix at Uptown in Illinois as well as the Terra Cotta Lofts in Missouri. Convenient and comfortable the Main North Royal Oak condominium lofts, terraces and residences will be located within the downtown area of this beautiful city that is both affordable and modern. Fro climate controlled parking spaces to health clubs and to local amenities, the Royal Oak Main North residence lofts and terrace homes are one of the hottest Detroit area real estate property developments in decades because of its unique ability to create a liveable urban community that is self-contained and sustaining. Enjoy the great nightlife and dining in the evenings, or the shopping, recreational facilities and pedestrian friendly arcades during the day, whatever your lifestyle choice, the Main North terrace homes, residences and loft condominiums will provide you the life you have dreamed about living, right here in the burgeoning yet quiet neighbourhood of Royal Oak Michigan.

Contact Information for the Royal Oaks Main North real estate properties

Looking for a new terrace home or single family residence or even a private traditional loft? The Royal Oaks Michigan real estate development at the Main North community is now selling so this is the time to make that all important decision to upgrade, downsize or simply invest in a long-term opportunity at Main North Royal Oaks. If you are interested or would like to request for more information, the easiest way to do so is to submit an online form enquiry through the Royal Oaks properties web site for Main North terrace homes, residences and lofts online at their marketing website at mainnorth.com/contact.php. In addition, you can also visit their web site for more information regarding the Main North Royal Oaks real estate Michigan Detroit properties which will give you details about the community terraces homes, lofts, residences, development team, area map, contact details and what to expect in terms of lifestyle choices. The Main North real estate sales center is located at 201 E. Eleven Mile Road in Royal Oak Michigan 48067. You can call them to book an appointment at 248-336-1700 and the fax number is 248-336-2246.

Royal Oaks Main North Lofts and Homes

A landmark building at this Royal Oaks real estate property development in Michigan, this residential complex will consist of ninety four total two and three bedroom loft residences and homes that are perfect for those who want wide open spaces and overheight loft ceilings. IN addition, the Main North Lofts in Royal Oaks MI will also feature two penthouse suite lofts. On the ground floor, there will be retail and on the fourth floor, there will be office space. The design of the Lofts at Main North MI will be performed by the Victor Saroki & Associates Architects. Some of the grand amenities featured at the Detroit Main North Loft homes include private lobby, secure storage areas, dual passenger elevators that are high-speed, a private health club with fitness center as well as indoor underground heated parking for all residences. Also, the Royal Oaks Main North Loft residence homes will also feature wide hallways and a community room that can be used for entertaining guests or for business use. All Main North Loft homes will have individual air conditioning and heating, gas fireplace, sound proofing, trash chute and more. In addition, all Main North Loft homes and loft residences in the Royal Oaks community will have impressive interior features and finishes, elegant bathrooms, gourmet-style kitchens and customizable loft features with upgrades and options. You can view a furnished Main North Loft model online. For all loft residence floor plans at the Royal Oaks Main North real estate properties, please visit mainnorth.com/loft_fp.htm.

Terrace Homes and Condominiums at Main North properties

If you are looking for condo residences and terrace homes for standard urban city living, then the Main North Terraces in Royal Oaks Michigan will have something for everyone. This condominium community of one hundred and seventy six condo terrace homes will feature many of the same features as the Loft residences and will range between one and three bedroom terrace condominiums with many different floor plan layouts. In addition, the Main North Terraces will be between eight hundred and twenty two hundred square feet in size and will have private park views, skyline views and be close to some of the greatest posh retailers on the ground floor. Some of the building details for the Royal Oak Main North Terraces Homes will include video surveillance for your security in addition to a lobby entrance and high-speed elevators. Also, the Main North Royal Oaks terrace condominium homes will have maintenance free windows, indoor heated parking spaces for all residences, individual secure storage lockers and a fitness center where you can stay fit and healthy. Some classic loft interiors at the Royal Oaks Main North terrace condo homes include high ceilings, track lighting exposed concrete, flex rooms, concrete floors, wire shelving, designer lighting and chrome interior door hardware. Also, the Royal Oaks real estate properties at Main North Terrace condominium residence homes will have stylish bath rooms with ceramic tile floors, and a soaker but with Moen shower fixtures. The kitchens are great for entertaining guests and will include an oversized kitchen island, stainless steel mounting, Moen faucets and maple cabinets. The Royal Oaks Michigan real estate community at Main North Terrace condo residences will also have optional upgrades to carpeting, exposed brick interior, upgraded appliances, cabinet lighting, wood flooring, pre-wiring and gas fireplaces. For all the floor plans at the luxury Main North Terrace Homes, please visit mainnorth.com/terrace_fp.htm.

Main North Residences in Royal Oak Michigan

The third instalment of this luxury Detroit real estate property development undertaking are the Main North Residences and luxury homes. These real estate properties are coming soon to the market, so right now, the Royal Oak Main North properties are accepting priority registrations online at mainnorth.com/contact.php. Featuring the most elegant and grandest condominium residences, the Main North Residence homes in Royal Oak MI will be coming soon.

Aquarius WaterParkCity Toronto Condominiums

If you live in Toronto and have seen the pre-construction being done along the waterfront, then you have seen the beginnings of the WaterParkCity master-planned residential community. These Waterfront Condominiums at the Aquarius condo towers in WaterParkCity Toronto are the first of many luxurious residences coming to the water front area of this magnificent city.

Currently in presales, the Aquarius waterfront condominiums in WaterParkCity will have unobstructed views of some of Toronto’s most sought after waterfront attractions that include the Martin Goodman Waterfront Trail, Ontario Place, Queen’s Quay and Toronto Islands. If you are a Torontonian and tired of having to commute for hours along the freeways to get to anything, then the WaterParkCity waterfront Aquarius condominium suites and homes will be a perfect transition for you to get back downtown and along the water. This luxury condominium urban living experience will be part of the master-planned WaterParkCity, an exclusive master-planned district at Lake Shore. The entire community will be facing the Lake Ontario and will be just minutes away from downtown Ontario offering the best of both worlds in relaxation and business. The WaterParkCity Aquarius Toronto Condos will be a boutique real estate development with only twelve stories above a podium structure and the residences at Aquarius will have large balconies and terraces and much more, so read below!

The Aquarius Toronto Condos amenities

As one real estate development in the large waterfront WaterParkCity Toronto project, the Aquarius mid-rise residential tower will have a Club Oasis that will include private amenities for residents in this condominium community including a 2 storey recreation, business and entertainment centre. Private and exclusive, this Club Oasis at the WaterParkCity Toronto Aquarius waterfront tower will contain a full fitness centre, business centre and boardroom on the second floor as well as a multi-purpose room and billiard room on the first floor in addition to a swimming pool and spa area. Very luxurious and convenient, the Club Oasis at the Aquarius condominium tower at WaterParkCity Toronto will be quiet and available whenever you need it. The Aquarius waterfront real estate community is refreshingly different and according to the WaterParkCity web site marketing, Aquarius is: one of the biggest attractions of Aquarius is its incredible location. At your front door is the Bathurst/Fleet TTC Streetcar, which intersects with streetcars headed for the Yonge/University/Bloor subway line. Within easy walking distance of Aquarius are such cultural icons as the Air Canada Centre, SkyDome, Roy Thomson Hall, The Princess of Wales Theatre and Hummingbird Centre for the Performing Arts. The latest and greatest in dining and fashion will also be found in the WaterParkCity Toronto Aquarius condominium waterfront community too, so you will be in the ehart of downtown Toronto.

The Toronto Aquarius waterfront Suites

Looking for more information about the floorplan layouts for the WaterParkCity Toronto condominiums at the Aquarius presales development? Look no further as here are the latest and greatest from the world of the layouts for the Aquarius condo homes. The first is the one bedroom Hermes floorplan at four hundred and ninety four square feet in size. The Eros one bedroom is five hundred and fifty one square feet. The one bedroom and den condo homes at Aquarius Toronto include the Corfu (591), Titan (634), Delphi (662), Athens (678), and Aegean (686) with Troy plan being sold out already. The WaterParkCity Aquarius waterfront condominium tower in Toronto Ontario will also feature two bedroom condo homes that include: Rhodes (833), Alexander (856), Apollo (905) and Santorini (924) floorplans. The largest of the incredible and functional layouts here at the Aquarius residential tower in Water Park City include Olympia (923 sq ft), Imperial (one thousand one hundred and fifty four sq ft) as well as the Aquarius plan that is one thousand two hundred and thirty eight square feet in urban indoor living space. You can view and download as well as a print all floor plan layouts online at the WaterParkCity Aquarius Toronto waterfront condo web site located at http://www.waterparkcity.ca/aquarius/area_amenities.htm# and clicking on ‘Suites’.

Looking forward to your future?

If you are looking at a presale condominium real estate property along the WaterParkCity waterfront Toronto community, then the Aquarius condo homes will be a great fit for you and your family. Today, the Aquarius at WaterParkCity waterfront condominiums has a sales centre open at 650 Fleet Street in Toronto Ontario that is open between Monday and Thursday (12pm to 6pm), Saturday and Sunday (12pm to 5pm) and closed Fridays. In addition, you can also phone the Toronto Aquarius at WaterParkCity condo sales presentation centre at 416.203.3770 or email them at info@waterparkcity.ca for more information or to request a private appointment for previewing or purchase. There are two editorials written about the waterfront Aquarius Toronto WaterParkCity real estate development that are located online at: http://www.waterparkcity.ca/aquarius/editorials_01.htm (waterfront living) and http://www.waterparkcity.ca/aquarius/editorials_02.htm (condominium lifestyle).

If you are looking for more detailed information about Canadian construction projects such as presales Victoria Condominiums as well as other pre-construction Vancouver condo real estate investment opportunities, click on these links plesae.

Avoiding the Pitfalls of Real Estate Investment

In Part 5, Monique Wakelin talks about what to watch out for when deciding what proper real estate assets you should consider in the December issue of API Magazine for the article: ‘Take Control: How Home Equity puts you in the driver’s seat’.

It’s not unusual to hear tales of woe from both first-time and seasoned real estate investors who have fallen for the traps and failed to achieve the capital gains they expected. Some of the most common mistakes that could potentially cost thousands of dollars include:

Investing in speculative sectors of the residential property real estate market. These include off-the-plan developments that concentrate on “inducements” such as rental guarantees, offers of finance or tax breaks. The “inducements” often mask a propensity for low or no capital growth.

Faulty real estate asset selection. You can select a real estate investment property in the right suburb but in the wrong street. It may be that the surrounding buildings and aspect detract from its attractiveness and long-term growth potential. The wrong building style can also be a slow mover, even if it’s in the right area.

Failing to understand the importance of scarcity value. The higher the demand for the asset and the less supply, the greater your capital gain in real estate will be.

Buying a real estate investment property for tax benefits, stamp duty savings or rental guarantees. On a properly selected investment property, these factors are an added bonus rather than the primary reason for the purchase. Nobody ever becomes financially independent concentrating on saving tax.

Failure to check major body corporate expenditure. The fees charged on some apartment developments canbe astronomical. In the case of some CBD high-rises, body corporate fees can be between $3000 and $4000 a year. This is a major part of an investor’s outgoings and an unnecessary expense.

Paying too much. An overpriced real estate property will take a great deal longer to catch up with its true worth and to start producing capital gains than one that was bought at the right real estate market price to begin with. Always do your homework in regard to prior benchmarking in real estate value.

Failure to diversify locations and building styles within a property portfolio in real estate. Not all real estate sectors of the property market move in a uniform way – even in the high demand areas. Diversity in a real estate portfolio can help the investor ride out any short-term anomalies in one area or market sector.

Relying on historical statistics. Most of the property real estate data we see is already three months old. This puts the investor in the position of trying to make tomorrow’s decision with yesterday’s news. You can’t beat on-the-ground homework for the most accurate picture of where the market is and where the real estate markets are moving.

Lack of independent information. When seeking advice from anyone in an advisory capacity, always check their qualifications, length of time in business, affiliations, any vested interest, what they abse their recommendations on, what ongoing services they provide and ensure their fees are paid by you, the customer, and not by other interested parties. Always ensure they have unrestricted access to the real estate market.

The cost of waiting for the “ideal” circumstances. This could be a wait-and-see attitude to interest rate movements or whether the property real estate market is going to soften. There’s no right or wrong time to buy an investment real estate property. If investors apply the long-term principle then the cost of waiting can be very expensive indeed!

Monique Wakelin is the co-founder of Wakelin Property Advisory, www.wakelin.com.au, a Melbourne-based property consultancy. For more home purchasing and real estate investment tips and checklists, please visit this link.

The Metropole Condominiums Off Market Ballard district in Seattle

Exclusive boutique living in the form of thirty superbly tailored condominium homes are now launching at the vibrant urban community called the Metropole Off Market. Located in beautiful Northwest Seattle, the Metropole Condominiums are a blend of the new and old, or the best of both worlds as you will see.

If someone asks you what you are waiting for in terms of a Washington State real estate development property in Seattle WA, do you know the answer? Are you looking for the prestigious address or are you looking for something that is more functional then stylish. If location and fine finishes are at the top of your list, then The Metropole Seattle Condos Off Market is an exclusive condo community real estate property that may tantlize every sense that you have. The Metropole condominiums in Seattle Washington is a one of a kind luxurious master-planned community of homes and residences that is a new concept in urban living in northwest Seattle. In the heart of Ballard Off Market Metropole Seattle Condos are selling quickly as this boutique hotel style living area is within an exciting inner city neighborhood that is vibrant, growing and secure. There are also many many attractions and local facilities in and around the Off Market Ballard district in Seattle where the Metropole Condominiums are located, so whatever lifestyle you live, you will only experience the best that Washington has to offer if you choose these properties as your next home.

The offerings at the Seattle Metropole Condominiums in Washington State

News Flash: There are only eight homes left at Metropole Off Market and the remaining two bedroom condo homes start from the price range of four hundred and ninety nine thousand, five hundred US dollars! The original condominium residence layouts for the floor plans included one bedroom and one bath units, one bed, one bath plus den condos, two bedrooms and two bathroom residences as well as two bedroom and two bathroom plus den condominiums in the heart of the Ballard District. Currently, there are only eight units left of which there are two bedroom, two bathroom and den that are approximately one thousand one hundred and ninety nine to one thousand three hundred and seventy nine square feet. In addition there are two and two condominiums at Metropole Seattle still on sale at nine hundred and fifty eight square footage. There are also one bed, one bath plus den condominium units at the Ballard Off Market Seattle Metropole Condos that are between eight hundred and one to twenty six square feet in living area. Lastly, there is one bed/ one bath plus office on the southeast corner of Metropole Condominiums Off Market that is seven hundred and forty sq ft.

What to do next

If you would like more information about the Metropole Condominiums in Seattle WA, please visit this online web site to register for more details: http://www.vibranturbanliving.com/metropolecontact.html. In addition, please contact Jeff Morgan for a preview and overview of the Ballard Off Market Metropole Seattle Condos. His phone number is 206.713.2731 or you can contact him by email at jeffm@windermere.com. The Preferred Lender for this Seattle real estate development project is Chase and you can contact Shawn Gunderson for mortgage pre-approval at the Metropole today at 425.709.9485. the prestigious Ballard address of 5615 24th Avenue in NW Seattle WA 98103 is the physical location of the Metropole Condo homes Off Market at Thomas Map 534 Grid E4 on MapQuest.

The Community amenities around the metropole

Some of the most amazing features about living at the Metropole residences and real estate properties in Ballard Off Market in seattle include the numerous amenities and community facilities that are within walking distance from your luxurious condo home. These include many restaurants, both casual and fine which include Vera’s Carnegies, Bad Alberts, Anthony’s homeport and more as well as lots of shopping arcades that include Wine Shop, Sonic Boom, Il Giardino, Marleys and Amada Luna. Close to the Metropole Condominiums in Seattle will be many recreational facilities that include the Vertical World Climbing Gym, Discovery Park, Chittenden Locks, and the Ballard community center. Places to drink or just have a laugh include Mr. .Spot’s Chai, Masalisa, Sloop Tavern and Sip and ship and coffee shops are everywhere as this is Seattle! There are also libraries, medical clinics, the Ballard high school, health and fitness clubs as well as theatres and museums in and around the Ballard Metropole off Market Seattle Condominium development for you to enjoy.

An exclusive list of Seattle and Portland pre-construction condominiums properties, click here.

Cosy Warmth Without a Flue – Real Estate Condo Trends and Tips

An innovative new freestanding fireplace runs without a hard connection, is environmentally friendly and the ideal answer to those lacking a chimney to fuel the fire.

A Vancouver retailer is selling fireplaces for people who thought they couldn’t have one. Vancouver Gas Fireplaces is now selling the EcoSmart Fire, a high-quality free-standing fireplace that runs on ethanol without any connection, flue, chimney or gas line.

“The design is simple, portable, attractive, and doesn’t require installation,” says Robert Koby, president of Vancouver Gas Fireplaces. “We’re finding that condo dwellers are all over it.”

Conceived in Australia, the EcoSmart fire provides unprecedented flexibility – it fits just about anywhere. The EcoSmart Fireplace has a contemporary look that makes it suitable for apartments, houses, bars and restaurants.

“Some places were built without fireplaces or don’t have access to natural gas lines. Now the EcoSmart Fire provides the opportunity to have a fire feature,” says Koby.

Features of the EcoSmart Fire:

- It can be installed in a pre-existing fireplace site or be free-standing.
- It is environmentally friendly – fuelled by denatured ethanol, a renewable modern energy, it burns clean and is virtually maintenance free
- The EcoSmart fireplaces have no flue and require no hard connection
- the core of the EcoSmart fire is a metal box about 10 centimetres high and 30 centimetres square with a slot in the middle for the flame.
- the fuel reservoir is in the base of the metal box
- The core EcoSmart Fire can be installed in an attractive frame of fascia to suit the setting
- The EcoSmart Fire has been independently tested and has UL approval
- Units are compact and portable so ideal for apartments houses, bars, restaurants and offices
- The EcoSmart Fire can regulate the intensity of the flame and turn it on or off at any time.

The EcoSmart Fire is available at Vancouver Gas Fireplaces, www.vangasfireplaces.com, phone 604.732.3470.

Vesta 24 New York Chelsea condominium homes and residences

A luxurious and contemporary residential high-rise tower is located at New York’s Vesta 24 high-rise condo residences in the heart of retail shopping, contemporary galleries and fine dining. With all the urban pleasures around you, the luxury Vesta 24 New York condo apartment residences and homes are now available to the general public.

If you want to experience the vibrancy and striking architecture of the Chelsea district in New York City, then the Vesta 24 property condominium homes and NYC real estate residences will be a perfect fit for you and your loved ones. From the start of the marketing for the New York Vesta 24 condominium residence apartments, home buyers and investors looked at the refinement and gentrification of the Chelsea district in NYC into a vibrant and safe neighborhood complete with many new retail, commercial, residential and recreational districts that has provided one of the most liveable and exciting master-planned communities in all of New York City, NY. The Chelsea Vesta 24 condo homes and residence apartment suites in New York provide an exceptional urban living location that is within minutes to the large retail and business districts of lower Manhattan as well as Central Park and other outdoor recreational areas and facilities. As far as local conveniences go, the Vesta 24 New York condominium residences are also within everything you need to do and see regularly, so that will not be a problem for families or individuals. A great leasing structure and home buyer incentives are available when you purchase your private home at the Vesta 24 condo tower residences in New York City, so contact them today to gain more understanding of the offerings.

Some interior amenities and features at the New York Vesta 24 residence tower condominiums

The actual New York real estate property project construction is at 231 Tenth Avenue in New York with a zip code of 10011. Within the ever changing Chelsea district of New York City, the Vesta 24 condo residence apartments are a collection of luxurious condominium suites that will have wrapped wood facades as well as refined brown and natural wood lobby finishes. In addition, the residents at the New York Vesta 24 real estate properties will enjoy a twenty four hour concierge on site to help you on your way every day. Large glass windows are architectural features in every residence condo at the Vesta 24 New York apartment homes as are wood flooring and luxurious bathrooms with natural stone and concrete tiling finishes. In addition, the kitchens at Vesta 24 apartment condo residences in New York City will offer stainless steel packages, Meile cook top as well as a modern wall oven and Bosch dishwasher. For more information about the interior features and finishes at the New York Vesta 24 property residence tower apartments, please contact a sales manager at 212-343-5420. Located in the Chelsea District, Vesta 24 is an exciting and fun community of new restaurants, shops, food markets, furniture and design stores as well as art. The districts next to the Vesta 24 New York high-rise tower residences in Chelsea include Tribeca as well as West Village which are both within walking distance from your private home. In addition, the New York City Vesta 24 apartment residence building is made of environmentally sensitive materials and will stand the test of time in quality, service, design and detailed craftsmanship. Privacy at these premiere residences at NYC Vesta 24 real estate properties are in high demand, so get on it soon before they are leased out or all sold out.

Contact the Vesta 24 sales managers today

There are two sales representatives for New York’s Vesta 24 condo residences and apartments that you can contact for more information. They include Jim at jim@corcoran.com or Cay Trigg at 212-941-2676 or clt@corcoran.com. At 231 Tenth, Apartment 5A at the Vesta 24 New York real estate properties is listed for $1,695,000 and the monthly maintenance costs is $1070. With 4.5 rooms, two bedrooms and two bathrooms, this condominium unit is one thousand four hundred and twenty one square feet in size with west exposure and a balcony. The luxury Vesta 24, Apartment 5A in New York City is also listed at $6,500 per month in rental leasing at Vesta 24 NYC. This is also a two and two with east exposure and partial views, same size as the above unit. The last condominium residence apartment at 231 Tenth Vesta 24 apartment condos listed for sale is Penthouse Unit 3 at $3,795,000 or rent at $21,000 per month. This luxury condo unit at New York Vesta 24 residences is three bedrooms and 3.5 baths with seven rooms and two thousand six hundred and forty seven square feet. Some of the interior features of this Vesta 24 penthouse suite include a wood burning fireplace and balcony with south, east and west exposures. In addition, the monthly maintenance for this New York real estate property at the Vesta 24 condo tower residence penthouse is $2,287 per month and taxes at three hundred and thirty six dollars per month. The cross streets of the residence condominiums at Vesta 24 New York City are 23rd and 24th and the districts include Chelsea and the Flatiron communities.

For more Washington presales condominiums or new Chicago Condo apartments, click on these links.

San Diego Broadway 655 Apartments

A luxurious office tower development is taking place on the south east corner of Kettner Blvd and Broadway Street in San Diego’s Columbia district in downtown city center. A large commercial real estate development, the Broadway 655 Apartments and retail community will become one of the hottest office spaces in the city soon.

A Lankford & Associates commercial real estate office tower in the heart of Downtown San Diego center will consist of a twenty three storey Class A office building, the first of it’s kind in the San Diego downtown core since 1991. Broadway 655 is now open for move-in and leasing opportunities, so what is your company or business waiting for? With more than four hundred and fifty four thousand square feet, the San Diego Broadway 655 office tower will also have six thousand square feet of retail space in addition to seven hundred and sixty five parking spaces for tenants and visitors. The real estate architect of the Broadway 655 San Diego office tower is Carrier Johnson who are located at www.carrierjohnson.com and with 23 stories and the building of twelve luxury apartment units, the Broadway 655 office side are completed and leasing while the apartment condos are under development right now. The 655 Broadway San Diego apartments will be for rental as the primary use of this real estate development will be an office tower. For more information you can also read on line at the San Diego Broadway 655 office tower web site located at broadway655.com to read more about Lankford & Associates, leasing opportunities, available space and rental rates.

More about the San Diego Broadway 655 Office Tower and Apartment Residences

The Broadway 655 San Diego office tower is within the Santa Fe Depot, Horton Plaza, Convention Center, Highway 101, Civic Center, Little Italy, Hall of Justice, Gaslamp Quarter, Interstate 94, Petco Park and Interstate 5 meaning that it is very conveniently located close to most things that you need to do, visit and see in downtown SD, California. The essential numbers of the San Diego Broadway 655 office tower high rise includes twenty three floors that will have three hundred and fifty six thousand square footage of office space, twelve residential units totalling over eleven thousand five hundred sq ft, sixteen thousand sq ft of restaurant and retail space as well as 765 parking spots. The construction finance includes seventy two million from the US Bank and Wachovia Bank. For leasing options, please visit the following Broadway 655 San Diego office tower web site link: http://www.broadway655.com/leasing.asp. For tenant resources, please visit: http://www.broadway655.com/tenant.asp. For the latest news and updates of the San Diego Broadway 655 office suites, please visit the following url: http://www.broadway655.com/media_center.asp. Lastly, if you would like to view a photo gallery of the Broadway 655 offices in San Diego, please visit the following website: http://www.broadway655.com/gallery.asp.

Contact info for the 655 Broadway Offices in downtown San Diego

The physical location of the Class A office tower is 655 West Broadway, Suite 1450 in San Diego CA 92101 and their phone number is 619.702.5655. For any leasing questions and opportunities/availabilities, please request a meeting with Ed Muna of Lankford & Associates at ed@lankfordsd.com of by calling him at 619.702.5655. The media relations contact for the downtown Broadway 655 San Diego office tower is Tom Gable of GCS at tgable@gcs-pr.com. For more info about contact for the San Diego Broadway 655 offices, please visit: http://www.broadway655.com/contact.asp.

For more commercial real estate and pre-construction California properties, click here.

Port Coogee along Western Australia’s Coastline

A master-planned waterfront community by Australand, the Port Coogee is definitely a go and has made many headlines for its ambitious real estate development plans that will be on of the biggest coastal renewal projects ever in Australia.

A new landmark is beginning along the western coast line of Australia called Port Coogee. This recreational marina and residential community will see through a nine hundred million dollar real estate development that will be phased into the building and renewal of a luxury and high-end marina, marina village community as well as a variety of different housing types and districts. The development at Port Coogee in Western Australia will be located just seconds away from Fremantle and will become the landmark of this region because of its offerings in both recreational facilities, lifestyle options as well as its truly unique and amazing waterfront location. South of Fremantle and just minutes away from Perth Australia, the Port Coogee development will be located along the shores of Cockburn Sound along the west coast of Australia. Just 18 kilometres south of Perth CBD, Port Coogee will also be just 5 km from Fremantle. A beautiful location offering master-planned designer homes and community planning, the Port Coogee is coming soon.

The offerings at Port Coogee Australia

With many people wanting waterfront and Oceanside living spaces these days in Australia, what better way to move your family or spend your retirement years along the western coast of the country just minutes outside of Perth and Fremantle. Port Coogee is a master-planned Oceanside living community that will have many boutique stores, dining restaurants (both casual and fine dining) in addition to entertainment, nightlife, sidewalk cafes, beaches, marinas and a host of different watersports that will keep everyone in your family happy and healthy. The Western Australia Port Coogee real estate development will be a waterfront neighbourhood that will be a growing place for commerce, industry and retail as well, which will allow many people to work, play and sleep in the same Port Coogee district. With plenty of boardwalks, beaches, water sports including kayaking, boating, sailing, swimming, surf skiing and other aquatic recreational sports, the Port Coogee Australia community will provide an endless amount of joy and fun for your entire family. As welll, the entire western Australia Port Coogee real estate properties just south of Perth will include many stylish homes and elegant townhouses and apartments all along the coastal and waterfront areas of the neighbourhood.

Port Coogee more in depth

According to their marketing materials online, this Western Australia marina and residential neighbourhood will provide plenty of recreation and relaxation options for everyone including things other than watersports too: like cycling, biking trails, park areas and more. In addition, for lifestyle options, the Port Coogee Australia development will also host six hundred dry land lots at the marina as well as a mix of apartments and townhouses in the village. In terms of retail and commercial opportunities at Port Coogee, there will be plenty of space for fine restaurants and cafes, retail outlets, offices and tourism related companies too. Best of all, the Port Coogee district will be sustainable long-term with very little environmental impact through its construction and use of renewable materials that are sensitive to eco-impact. Also, the social-economical impact of the region will be amazing for Western Australia and will become a focal point of the western coastline that will have 1.5 km of waterfront areas and providing many jobs for people who move here.

News, Media and Contact Information

For more details about the Port Coogee western Australia plans for the development of this waterfront area south of Perth and Fremantle, please read the latest press online at the following web site address: http://www.portcoogee.com.au/default.aspx?id=401. You will need Adobe Acrobat reader to open these documents. If you are interested in the lifestyle options, apartments, townhouses or commercial and retail opportunities at Port Coogee, please fill out the online form at Australand’s web site located here: http://www.australand.com.au/WA-Land-form/default.aspx. For the marketing brochure, please visit: http://www.portcoogee.com.au/default.aspx?id=221. This marketing piece for Port Coogee explains the following: From elegant inner city apartments, to stylish homes in master planned estates, to land choices in developing communities, Australand provides a range of distinctive residential living choices for individual needs that suit today’s lifestyle.
Generations of Australians have experienced the Australand difference in planning and purchasing their new homes and have benefited from our years of experience and dedication to delivering superior housing developments and homes. The planning that goes into an Australand master planned community ensures you will always move into an exceptional environment. Every development, in its unique way, demonstrates our dedication to providing quality living environments in sought after locations around Perth.

For other resort communities and resort residential real estate opportunities, click here.

Tall Poppy Syndrome | Are you reluctant to talk about real estate property investing with friends and family. If so, you’re not alone!

Written by Michaela Ryan for the February 2007 Australian Property Investor Magazine (www.apimagazine.com.au).

Welcome to Australia – land of the tall poppy syndrome. Don’t we just love to applaud Aussies who’ve become rich or famous … that is, provided they have the right amount of modesty. And you can never have too much modesty, it would seem. So how does a successful real estate property investor fit into a society which worships the idea of being ‘down to earth’? Jan Somers and Margaret Lomas, are both real estate property authors as well as highly successful property investors. Here they share some ideas about managing tall poppy syndrome.

The dilemma about real estate investment properties
Friendships are integral in Australian society, Lomas says. People often build their lifestyles around their friendships. So it’s important to realise that your real estate property investing does have the potential to threaten some friendships. Unfortunately, Lomas has seen it happen to a number of her clients.

“I find that, especially when everyday battlers do really well with real estate property, their friends start to see them a little bit differently. My favourite expression is that in Australia people like you to get ahead, as long as it’s not ahead of them. It’s almost one of those things that keep people back from achieving as much as they possibly could. They’re worried about what their friends may think,” Lomas says. So how can you be successful and keep your friends?

1. Getting your friends involved with investing in real estate properties

Lomas suggests that you could try to get your friends involved in property investing right from the start. “Motivate them before you become successful. Get them committed to and sold on the idea themselves, and do it as a group,” she suggests.

2. The hush-hush approach in real estate investing with friends and family

Another option is to keep quiet about your achievements. “some of my clients don’t event ell their friends what they’ve achieved,” Lomas says. “That’s very sad, that you can’t talk about success because then people do think that you’re boasting or bragging… And we often hear the expression, ‘Oh they think they’re too good for us now’.”

While Lomas feels it’s a shame for people to play down their real estate success, Somers is more accepting of it. “That’s just life,” she says. It’s just a social skill. You don’t want to intimidate people. You don’t want to make them feel uncomfortable.”

Somers knows this from personal experience. “When we started to invest in the ‘70s in real estate properties,” she recalls, “I thought it was such a great idea, I used to tell everyone. It probably took 10 years or so to realise it felt like I was selling Amway. The response was sometimes a bit cool.”

People would often infer that Somers’ success had been thanks to good luck, or good timing, rather than any hard work or effort. They’d explain away their own inaction by saying: “Weren’t you lucky you bought when things were cheap?”

Somers would respond, “Well, you can do it too,” and she’d see them back-pedalling, “as though I was trying to sell them a concept.” In time, Somers grew tired of what she calls cross between tall poppy syndrome and Amway syndrome. “I take reverse view on real estate investing now. I don’t talk about real estate property at all. I suppose I’ve become older and wiser and now I can see people are just different. They just don’t want to do it and they don’t want to talk about it. And they don’t want to feel intimidated by it.”

Somers still jumps at the chance to help someone with a specific enquiry about property real estate investing. She’s just extremely unlikely to be the one to bring up property real estate in a social situation. “I think there’s only a tall poppy syndrome if you’re there talking about it, and you’re flaunting your wealth. If you flaunt it then you’re going to get knocked down,” she suggests.

“If you turn up at Woolies, like I do, in thongs and shorts, there’s no tall poppy syndrome at all.” She concedes, “There is a tall poppy syndrome in real estate investments where some people will unjustly be dragged down. But in most cases it’s probably self-inflicted.”

3. Being selectively quiet about real estate investments

A small number of your friends might be excited about property and investment in properties. So it can’t hurt to ‘test the waters’.

When you come across someone who’s into real estate property, it’s usually pretty obvious. They’ll want to hear all about your investing real estate strategy and they’ll be happy to reciprocate with details about their properties, and their future investment plans.

Of course, there will always be people who aren’t interested in property. And there’ll always be people who are insecure about your success. If you value your friendships with these people, you might have to accept that you’re better off not to mention real estate investing around them.

4. Seeking out like-minded people

If your friends and family just aren’t interested, why not seek out new people? “We truly have a lot of success when we’re motivated and supported by people hwo think like we do,” Lomas says. Some investment real estate advisory companies have real estate focus groups where clients can get together and talk freely about their real estate investments. It’s a great way to stay motivated and to learn from other people’s experiences in investing in real estate. And you’re likely find plenty of people who are happy to celebrate your successes with you. You can also meet other property investors by attending real estate seminars. (If you’re not sure about the presenter’s reputation, search the internet and see what you can find out about their background).

Alternatively, if you already know of one or two like-minded people, you can always set u your own interest group. One real estate investor we profiled in API a couple of years ago did this very successfully. Before he knew it, tea and bickies at the mate’s place turned into a big scale affair with guest speakers at a local community hall.

5. The ‘who cares’ approach in investing

You’ve done well with your investments in real estate and your want to spoil yourself with a better lifestyle. A new home, car or boat. Perhaps a new school for the kids. At this point, a visible gap might open up between you and your friends. Tall poppy syndrome might kick in.

Let’s assume you’re not carrying on like an egotistical jerk, and therefore the tall poppy syndrome is unwarranted. You’ve worked hard and now you’re reaping the rewards in real estate investments. Should you really care about the opinions of people who’d prefer you to be less successful, because that would suit them better?

Lomas jokes, “I think (investors in real estate) should say, “I couldn’t care less what anybody thinks’, because I would rather be old with fewer friends, than old (and) poor with lots of friends.”

Lomas doesn’t mince her words, but she makes a reasonable point. Sometimes it’s probably worth asking whether it’s worth continuing a friendship with someone who can’t be happy for you when you do well.

Life’s easier if you can be authentic in your real estate dealings with other people. If real estate property is a big part of your life, it’s hard to constantly hide that. And it’s also hard to hid the fact you’ve accumulated significant wealth. Arguably, you’re doing no-one a favour if you keep hiding your real estate investment success from others.

In the oft-quoted words of author Marianne Williamson: “You’re playing small doesn’t serve the world. There’s nothing enlightened about shrinking so that other people won’t feel insecure around you … And as we let our own light shine, we unconsciously give other people permission to do the same.”

A word on investing in real estate with families

In an ideal world, your family would be thrilled to hear about your capital growth and your increased rental yield in real estate investments. But in reality, a lot of the discussion in this article about friendships applies equally to family members. Some will be supportive, but you can’t expect everyone to be.

Somers says she’s even less likely to talk about real estate property with her family than she is with friends. “I just don’t bring it up at all,” she says. “It’s just not something I feel as though I want to impose on people.” Somers also feels there’s no need to tell people- even family members – how many real estate properties she and her husband own.

It’s enough is the answer she gives if asked. They’re aware of how well you’ve done and there’s no need to rub their noses in it.

Of course, like anything, its about assessing the relationship you have with a particular family member before deciding how open you can be about your real estate investing. So long as you’re careful who you talk to, and even then you try to keep your ego in check, you can’t go too far wrong.

Dealing with Misunderstandings in Real Estate Investing

It’s possible that people around you don’t understand how real estate property investing works. There might be some occasions when you’re better off setting them straight.

For example, property investors in real estate often comment that their friends think they must have large piles of cash sitting around.

People aren’t always aware that net wealth doesn’t necessarily equate to a large bank balance. If you’re highly geared, you might actually have less cash flow than your non-investing friends and family for quite a few years.

Just be prepared for people who “joke” that the drinks should be on you because you’re doing so well in your real estate property investing.

111 Central Park North New York City Condominium Residences and Luxury Apartments

A great rental leasing condominium tower in New York City is now available at the 111 Central Park North condo tower residences. Also, there are some residence apartments for home buyers to purchase as well as the luxury New York real estate properties at 111 Central Park North, a prestigious and exclusive high-rise residential tower in the heart of it all.

The team behind the 111 Central Park North condominium tower New York residences includes the private real estate investment, operational and development company called Athena, which was founded back in 1993, as well as the Hillier design architects. The New York City 111 Central Park North condo tower apartment suites and condominium homes architect of record is SLCE Architects, and the structural engineers are WSP Cantor Seinuk. The NY properties at 111 Central Park North apartment residence condominium NYC high-rise residential tower also has Cosentini Associates as the mechanical, electrical and plumbing engineer in addition to Bovis Lend Lease as the construction management team. The sales and marketing team for the NYC 111 Central Park North condo homes and properties in New York City is Halstead Property Development Marketing, one of the city’s most visible, largest and fastest growing residential real estate brokerage firms located in Manhattan. For the latest news and press releases surrounding the 111 Central Park North condominium homes and high-rise apartment residences in New York City, please visit the web site located at 111centralparknorth.com today to download and read about the latest exciting updates surrounding this NYC real estate project.

The Residences at 111 Central Park North New York condominium tower

An impressive line of exclusive condo suites and luxury apartment residences are still available for purchase and leasing at the 111 Central Park North in New York City. This real estate property at 111 Central Park North is the premier address and condo tower to live in at New York City and within walking distance to all amenities and things you need to do and see on a regular basis. Include Residence A which is a three bedroom condominium unit featuring one thousand nine hundred and seventeen square feet in living urban space indoors. In addition, there are 2.5 bathrooms in Residence A New York leasing condominium homes at 111 Central Park North properties in addition to an expansive dining room separate from the kitchen. The large living room opens straight onto a balcony. The New York City 111 Central Park North condominium tower also features Residence B which is a residence apartment of thee bed rooms as well as 1917 square feet in living space. Almost identical in layout to Residence A, this condo home property at New York’s 111 Central Park North residence tower provides two spacious walk-in closets, an entry foyer and a large living and separate dining room that are both perfect for entertaining and unwinding after a long work day. The last floorplan layout featured at the luxurious and exclusive 111 Central Park North New York condo apartment homes is Residence C which is a two bedroom condominium suite with two washrooms, a powder room, large dining and living rooms, a against the wall open kitchen layout and a large balcony. This Residence C floor plan layout at the NYC 111 Central Park North condominium homes and residence property features one thousand four hundred and twenty two square feet and faces Central Park. With only three luxurious floor plans and condominium suites per floor, living in luxury is what the New York real estate properties available for leasing and renting at 111 Central Park North are all about.

The Building Features and Amenities

The New York real estate web site for 111 Central Park North condominium tower residences features some stunning photos and artist renderings of this condo residential high-rise beginning with a lifestyle movie as well as two exterior views (day and night) of the glass tower and a movie as well. There is also a still image of the entry garden as well as a movie of the lobby entrance at the NY 111 Central Park North condo property luxury homes in New York City in addition to still photos and movies of the open private terrace that is perfect for entertaining family and friends at your private home. It is also a great place to have community gatherings with friends at 111 Central Park North condominium homes. Some of the classic and modern amenities featured at the New York real estate properties here include a private courtyard with views of Central Park in addition to an attended lobby entrance and a concierge. There is also private underground parking for all residents with private elevators to all floors at the New York 111 Central Park North property apartment residences. Security is very important and there is video surveillance on 111 Central Park North grounds in addition to a flower and delivery room. For residents with bikes, there is a storage locker downstairs in addition to ten thousand square feet of landscape terrace for all condo residents at 111 Central Park North New York City. A party room and full scale fitness center are other featured building amenities offered at this NYC real estate tower project.

What’s around town and this district neighborhood in Manhattan New York?

Some of the close neighbourhood features at the 111 Central Park North condo residences and luxury homes include a Central Park address and just minutes walk away from the Dana Discover Center, Lasker Pool and Rink, 110th Street Playground and the Conservatory Garden. Residents at the New York real estate 111 Central Park North property condominiums will be close to all major transportation routes in and out of the business districts including the Subway, buses and easy access to the airports and trains. For more information about the luxury 111 Central Park North New York City leasing opportunities, please visit the web site at 111centralparknorth.com for more details or you can complete and send an online enquiry form. You can also visit the NYC 111 Central Park North Sales Office located at 131 West 110th Street in Unit #1D in New York by appointment only or you can call 212-381-2671 today. Also, you can contact Jeffrey, the Director of Sales at 111 Central Park North New York condominium homes and apartment residences at 917-846-3975 or Richard, the Sales Manager, at 917-723-2897.

Details about other pre-construction New York condo properties and New York City real estate opportunities are listed here.

Perth Real Estate Tests Home Buyers’ Limits

Housing affordability is stretching budgets in Perth – and the pressures aren’t about the disappear according to Tracey Joynson for the API Magazine in Australia – Feb ’07 edition.

Housing affordability in Perth has been declining amid soaring real estate home prices, rising interest rates and high government fees. While surging property home prices are driving the drop in affordability even further, according to Housing Industry Association (HIA) executive director of housing and economics Simon Tennent.

“Until the supply of new Perth housing catches up with the current shortage the outlook for real estate house prices, even in a higher interest rate environment, is for further increases thus putting Perth housing further out of reach of many families,” Tennent says.

Three years ago, Perth house prices were less than half of those in Sydney, Australian property Monitors says. The margin now is less than 6 per cent with Perth’s September quarter median house price at $491.587 and Sydney at $520,253.

HIA WA’s executive director, John Dastlik, says affordability deteriorated for the third consecutive quarter in September, sending it to a three year low and not far from the bad old days of the late 1990s when mortgage interest rates for real estate property in Perth reachd 17 per cent.

“The unacceptably low levels of housing affordability in Australia are restricting home ownership, constraining residential construction of real estate and exacerbating already very tight rental markets,” he says. “since the national housing cycle hits it speak it has been readily apparent that the triple whammy of spiralling land costs, excessive fees and charges and planning red tape was making a tangible recovery in real estate housing Perth Affordability virtually impossible.”

Macquarie Bank’s head of research Rod Cornish says Perth affordability will affect both first homebuyers and real estate investors. “There’s still quite a lot of investment into the real estate market, that’s what’s helping to drive the price growth,” Cornish says. “If you look at the proportion of investors in Perth in WA, its’ higher certainly than it is on the east coast now.”

Perth’s median house price has risen from $250,000 in June 2004 to be approaching $440,000 in the September 2006 quarter, according to the Real Estate Institute of WA (REIWA).

Perth Real Estate Investors Withdrawing?

REIWA president Rob Druitt says first homebuyers have hit the wall and are finding it difficult to get into the real estate market with the number of loans to first homebuyers falling in September. “We’re seeing a change in the real estate market in WA after the tremendous growth of the last, say, two years and it’s mostly affecting the lower and middle end of the market in Perth,” he says.

“The higher end of the real estate Perth market still seems to be travelling very well and that’s all about affordability. For investors in real estate here in WA, there’s been incredible capital growth over a relatively short period – that seems to be levelling out now but what hasn’t kept up with that growth is the rental real estate market.

“We’ve seen growth in Perth rentals for the September quarter – we saw around a $10 a week increase in the rents across the board. However, this is still not keeping up with the rapidly rising real estate property market so we’re looking at around a 3 per cent gross return on Perth property in WA at the moment which is clearly a yield below normal market conditions. Our yield in WA is normally 4 to 4.5 per cent.”

Anecdotally, because the yield isn’t that attractive, Druitt says some real estate investors in Perth are starting to look back to the east coast because relatively it seems like cheap real estate now and better value for money. ANZ chief economist Saul Eslake says investors in Perth may cause real estate house prices to fall depending on how significantly they’ve been contributing to the price rise.

“If Perth investors in real estate decide that there are more profitable places to park their money such as the share market or superannuation then their exiting of the real estate market, if they’ve been significant buyers, might cause prices to fall in Perth,” he says.

But Druitt is predicting a boom in rental prices because some catch-up is needed to make the yields realistic in relation to the real estate value of the properties and there’s also underlying demand – “particularly as people shift perhaps from buying to renting because they’ve been frozen out of the market price-wise”.

“They’ll be renting longer so that they can save more to get into the real estate market and that’s going to add some pressure on the market,” he says. “There’s probably been some drop-off in real estate Perth investors now just purely because of the price level and with a shortage of rental properties that’s going to push up rental prices quite significantly.”

The median rent for houses in the September quarter in Perth rose 4 per cent to $260 per week while the rent for units climbed 4.3 per cent to $240 a week, according to REIWA. Hegney Property Group chairman Gavin Hegney says rate rises can decrease real estate demand because home buyers can afford to borrow less and they also deter some buyers, particularly investors in Perth.

“If investors are deterred from the real estate market at all, then an already low rental vacancy rate will become lower which means the probability of rents rising further becomes far more likely,” he says. “The big difference with Perth is that these interest rate rises come during a strong growth period.

“What this means for owners in Perth who’ve bought real estate property as little as six month ago is that they’ve increased home equity which allows for refinancing to help smooth out their cash flow if they need it.

“For home owners in say Sydney, where their home values have been static or declining it means that there’s nowhere to turn if they’re already fully geared. This means the interest rate rise will be more easily absorbed in Perth.”

Fifteen Twenty-One Second Avenue Seattle

Designed for an exclusive few, these luxury home condominium residences at Fifteen Twenty One Second Avenue are international style homes that are sky-high and prestigious to say the least. Rare and absolutely amazing in both exterior architecture and interior design and details, this Seattle real estate development at Fifteen Twenty-One is lean, modest and affordable considering the luxurious nature of this project.

The recent updates to this Seattle property

The construction of Fifteen Twenty-One condominium residences on Second Avenue in Seattle WA have begun! You can visit their marketing website at 1521second.com for the latest construction images and details regarding this real estate development. If you are still looking for a luxurious condo home in Seattle, now is the time to contact the sales associates at Fifteen Twenty-One Second Avenue as there are some luxurious properties still remaining. There is no public sales centre for this Seattle real estate property, so there are only private preview appointments required and available upon request. All the luxury residence condos at Fifteen-Twenty-One Seattle are over one million US dollars.

The project team

If you are looking at purchasing a prestigious and absolutely amazing home at Fifteen Twenty-One Second Ave in Seattle Washington, it will be very important for you to familiarize yourself with the project team behind this endeavour. Firstly, the real estate developer is Opus NWR, a proud and established team that has developed more than two hundred million sq ft in over twenty two hundred real estate projects spanning decades. Some of the residential projects that Opus is well known for include Harbor Square, and Dexter Lake Union in Seattle. Fifteen Twenty-One Second Avenue is also brought to the real estate market by William Justen, the managing director of the Samis Land Company in addition to the award winning urban residential architect at Weber + Thompson. Lastly, the interior design of the Seattle Fifteen Twenty-One condominium residences will be performed by Susan Marinello who has designed and completed such work at The Condos at One Lincoln Tower, the Four Seasons Residences in Seattle and more. In order to purchase a Fifteen Twenty-One condo at Second Avenue, you must register online with your contact details. The online form is located on their web site at: http://www.1521second.com/registration.php. Because this Seattle real estate development is so exclusive and private, only serious appointments for prospective home buyers will be made. To make a private appointment, please contact 206.443.1521. The Sales Representatives for the Fifteen Twenty-One Seattle condos on Second Avenue include: Julie Conroy, DeLaine Emmert, and Sandy Justen. The preview home for the exclusive Fifteen Twenty-One condominium homes is located at 217 Pine Street on the fifth floor in Seattle WA. For all the latest news and updates, you can click on the following link: http://www.1521second.com/press.html.

The luxury amenities

The real estate development is so unique and prestigious, that it is very difficult to explain the scope of this project in detail in so little space. The Fifteen Twenty-One Second Avenue Seattle condominium homes are all priced over one million dollars and for great reasons. The amenities and building features include a rooftop terrace (available for resident and tenant use) that is thirty eight stories above Seattle providing terrific views of the city, mountains and water. In addition, there is a balance of great features at Fifteen Twenty-One Seattle condo homes with services and security that are detailed below. Much like a five start hotel, this real estate development will have a porte-cochere that will be a stunning way to enter and leave the luxury residences. In addition a modern yet sophisticated entrance lobby will grace every visit to the Fifteen Twenty-One Second Avenue residences where you will find warm and inviting designs and materials. A full time professional concierge will also be at your service so that you won’t miss a thing while you’re away. Also, the Seattle Fifteen Twenty-One luxury residences will have a landscape roof top terrace as well as a business and conference area to conduct meetings in addition to security that is monitored throughout the premises. Also, the fifteen Twenty-One Second Avenue residence homes will have a professional building manager that will fix anything you need in a timely fashion in addition to very high-speed residential elevators. The terrace will also provide plenty of entertainment space, grills and more and there will be a spa and wellness center with gym and yoga/pilates studios. The Fifteen Twenty-One Second Avenue residences will also have a bike storage and extra storage for all condominium residents as well as a children’s playroom to keep them satisfied and busy.

The Floorplans at Fifteen Twenty-One Second Avenue

The penthouse level (floor 38) at this Seattle real estate development will only have three homes. Home L is a two bed and two bathroom residence with two thousand three hundred and sixty one square feet of living space with the most amazing views. The Home K at Fifteen Twenty-One Second Avenue in Seattle WA will also have two bedrooms but 2.5 baths with two thousand nine hundred and fifty eight sqft. Lastly, Home M at Seattle’s most luxurious real estate development property will have 2 and 2.5 with twenty six hundred and eighty nine sq ft of urban living spaces. For more information, please visit: http://www.1521second.com/.

For other luxury Seattle condo pre-construction presales developments.

The Falls Victoria Seaside Residences

An ultimate seaside neighbourhood of tranquility and peace is beginning in Victoria at The Falls real estate development. With modern residences and a one hundred foot unique and spectacular waterfall, the Falls Victoria residences are exquisite in every way.

Background overview of this development

The Falls Victoria is a Westbank luxury collection of seaside residences that will feature everything from an exotic swimming pool on site in addition to Italian kitchens designed by Schiffini, air-conditioning which is very rare in this city and in any pre-construction condo building, granite finishes, marble, and limestone as well. Located in the heart of Victoria, the capital city of British Columbia, the Falls Victoria residences will range in price between three hundred and eighty nine thousand to four hundred and ninety nine thousand CAD. The estates at The Falls seaside neighbourhood will range in cost between five hundred and twenty nine thousand to one point six five million Canadian dollars. Only for serious home buyers in Victoria BC, The Falls seaside residences are now open for sale and you can contact them by calling either 250 920 7222 or 866 920 7272. The presentation center for the Falls Victoria community is now open at 101 -645 Tyee Road in Victoria BC. The sales discovery centre is open everyday except for Fridays between 12 noon and 5pm. To register online, please visit the Falls website at http://www.thefallsvictoria.com/ and click on “Registration”.

The Features of this Community

The seaside residences at The Falls Victoria will feature one hundred and fifty five luxurious one, two and three bedroom suites over eighteen terraced floors in this high-rise tower in the heart of the city. With four stunning two-level penthouses, only a few lucky home buyers will have a chance to own some of the most spectacular waterfront residences in all of the city. The Falls Victoria residences are LEED Silver sustainable architecture in construction and will have superior concrete design. All condominium units will have over-height ceilings and floor to ceiling glazing in addition to indoor electric fireplaces and air conditioning for those hot summer days. The seaside residences at the Falls in Victoria will also feature spacious outdoor decks and expansive terraces in addition to outdoor gas fireplaces on some select terraces as well as cascading waterfalls and pools. The condo community at the Falls Victoria will also have lush gardens and professionally landscaped residential areas in addition to a fitness centre and amenity room. Residents and tenants at the Victoria Falls real estate development can also enjoy an outdoor swimming pool and a secured residential access with convenient street-level retail shops too. The interior finishes will include dual flush toilets, double vanities, deck mounted bathtubs in addition to a frameless glass showers. You will also have the choice between the light or dark American walnut cabinetry as well as Schiffini vanities. The appliances at the Falls