New Urbanism Building Properties November 16, 2009
Posted by janey in : second mortgages , comments closedAre we in the midst of a downtown Renaissance? Thomas Jaekel, managing director of Wrightwood Capital based in Chicago, thinks so. “There’s a trend toward movement back into the city, with old neighborhoods being rediscovered,” he says. “In these instances, the combination of high density and land costs makes mixed use a more economic solution for developers.” He adds that mixed-use building properties not only apply downtown, but also appeal to suburban dwellers who desire a more urban setting within their smaller communities. If you’re looking to invest in real estate, you should definitely look into the “new urbanism” concept as you decide which buildings to buy.
One group of people drawn to new urbanism properties are well-to-do baby boomers. They like the idea of comfortably aging in a resort-like setting, where they can do all their shopping, working and living in the same building. In Palm Beach, Florida, some luxury communities even incorporate fitness centers and Aveda spas into their beachfront condos. “We believe there is going to be a great demand right now for these properties,” says Creative Choice Group President Dilip Barot, who is working on just such a real estate investment property. “More affluent people are getting interested in wellness and there are more people willing to live this lifestyle.”
Analysts of new urbanism building properties have many thoughts about where the future of mixed-use commercial real estate investing will go. Some say that downtown cores will continue to borrow this structure to revitalize their aging infrastructure and abandoned parts of town into thriving community centers. Others believe that suburbia will begin to develop commercial hubs in the retail centers and anywhere surrounding public transit stations. Perhaps some malls, libraries and town halls will incorporate residential living space as well. It’s really up to the individual buying investment property to determine the demand in a particular community and step in with the right solution.
For building properties to be eligible for new urbanism, they must meet several criterions. First, they must be walkable: the community must be able to arrive easily and without hassle (otherwise they’ll go somewhere else). Second, they must contain diversity. In order for a school to function, there must be teachers, cooks, janitors and school bus drivers all able to walk to work. Third, these communities must be compact, as new urbanism should be the anti-thesis of “suburban sprawl.” The physical design must also be edgy and attractive on this USA property for people to want to spend a lot of time there, which is why some of the world’s top designers are being called in to work on these projects and much green space is being incorporated into the design.
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Running A Real Estate Blog November 15, 2009
Posted by janey in : second mortgages , comments closedAs you know, almost every entrepreneur has a blog. This enduring trend helps professionals garner web traffic, reeling in new clients and closing more sales. A real estate blog can let prospective buyers know about new buildings for sale, government foreclosures and property auctions. Many readers visit realty blogs to learn more about what’s going on in their neighborhood, research homeownership opportunities or learn about neighborhoods they might move to. The best way to get ahead in this competitive field is to run an informative, keyword-dense, well-maintained blog and engage in all the promotion you can.
One reason to start a real estate blog is to attract new clients. As prospective buyers type in keywords, like “Ohio real estate,” “California foreclosure listings” or “farm properties in Wisconsin,” the search engines will pair up searchers with site owners who focus on that very content. Home buyers who enjoy your informative insights and witty, conversational tone will likely be back to your site to read more. Eventually, when the need to find buildings for sale arises, that person will come back to you, a new friend, for assistance.
Another reason to start a real estate blog is to show that you are an expert in your niche. The more people recognize your name, read your quotes and come across your articles or press releases, the more they’ll realize you are just everywhere! You are an individual who knows your neighborhood, your real estate news and your marketing strategies. You’re successful, professional, knowledgeable and helpful, after all. Journalists, builders, sellers, buyers and other bloggers will come to know your name. The most successful blogs usually pick up free link exchanges and publicity in no time at all.
Since we’re not all natural born writers, most agents looking to start a real estate blog will outsource this work to an experienced copywriter who has a knack for research. Even if the copywriter isn’t from your particular neck of the woods, he or she can read up on the latest real estate investment property news and come up with compelling copy for you. Many real estate agents give their copywriter certain topics or areas to focus on and provide unique quotes to pepper the article with and ramp up their credibility in the buildings for sale industry.
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