Archive for the ‘Condos’ Category

« Older Entries
Newer Entries »

The Fantastic inner Loop Condos: What to Expect

Wednesday, March 24th, 2010

There is a great array of Inner Loop condos for sale at any given time. From the Medical Center and Uptown to downtown and River Oaks, finding a fabulous condo may be just about the easiest thing you’ve done in a long time. Perhaps the only tricky part is narrowing down all of your choices regarding Inner Loop condos for sale!

houston condos

To give you an idea of where you can begin your search for Inner Loop condos, consider the fantastic neighborhoods that comprise Houston’s Inner Loop and some of the fabulous condos that can be found there:

Medical Center

The Medical Center gets its name from the Texas Medical Center, of course, and surely got its start because of the thousands of employees that work at the Medical Center and searched for a place to live. As a result of the growth of the Medical Center, the Medical Center community has become a highly sought after community in Houston in which to live.

Take, for example, the beautiful Serento condominiums, which feature everything from recessed lighting and crown molding to hardwood floors and ten-foot ceilings. This beautiful condo building enjoys the prime, Medical Center location, along with such building amenities as a common terrace and a fitness center.

Uptown

Uptown Houston is home to some of the finest shopping centers and trendiest restaurants, along with some of the best Inner Loop condos for sale.

One of the finest examples of Uptown condos is the Chateau on Briar Hollow, a small building consisting of just 24 residences. Tucked away in a secluded cul-de-sac setting, the Chateau on Briar Hollow features such fine amenities as: private balconies, 10-foot ceilings, controlled access entry and assigned garage parking.

River Oaks

The premier location in Houston, for many, is River Oaks. It is also one of the most affluent areas of the city. A great example of the upscale living found here is the Piedmont at River Oaks. This mid-rise condominium building features: expansive windows, granite countertops, hardwood floors, recessed lighting, and crown molding.

Memorial Park

Anyone in search of Inner Loop condos for sale will certainly include Memorial Park in their search. And within Memorial Park is the Monaco. With fabulous views and a fantastic location, the Monaco ensures that location is essential. The Monaco is also located near River Oaks and Memorial Park.

The Heights

Historic homes and meandering streets are the hallmarks of the Heights, as is its upscale condo living. One of the newest condominium developments in the Heights is the Viewpoint Condominium, which is currently in pre-development stages. The idea location will offer fabulous views of the downtown Houston skyline.

Tags: ,
Posted in Condos | No Comments »

The Royalton: Where World-Class Style meets Pure Elegance

Thursday, March 18th, 2010

The community of River Oaks is, without a doubt, one of the most highly desired communities in Houston, if not Texas.  It is because of this that River Oaks new homes are also highly desired.

A great example of River Oaks new homes in the Royalton at River Oaks, a gleaming tower along the Houston skyline. Located less than three miles west of downtown Houston, The Royalton at River Oaks features 252 luxury condominiums; all of which boast upscale residences with only the finest amenities, services and features.

The condominium homes of the Royalton at River Oaks provide some of the finest River Oaks new homes. The residences feature one, two or three bedrooms, and range in size from 900 to 4,000 square feet. There are over 23 floor plans from which to choose, as well.

The Royalton at River Oaks features 33 stories and a five-level parking garage, There is also an underground tunnel to afford residents a quick and easy route in and out of the building.

The developers note that “the moment you step inside the Royalton at River Oaks, you will be embraced by its world-class style, elegance and architectural detail.” It is no wonder then that the Royalton at River oaks has been dubbed by many to be the crowning jewel of River Oaks and of the Houston skyline.

Some of the upscale amenities afforded to the residents of the Royalton at River Oaks include:

  • 24-hour state-of-the-art fitness center
  • Hair salon
  • Cigar bar and private wine room
  • Conference and dining rooms
  • Banquet rooms with a service kitchen
  • Garden cocktail terrace
  • Expansive swimming pool with sundeck
  • Recreational game room with private theater and bar

The condominium homes of the Royalton at River Oaks feature beautiful interiors and upscale features, including:

  • Stainless steel appliances
  • Granite countertops
  • Garden tubs
  • Ceramic tile floors
  • Recessed lighting
  • Hardwood floors
  • 10-foot ceilings with triple crown molding
  • Large pantries
  • Full-size washers and dryers
  • Surround sound speakers

Tags:
Posted in Condos | No Comments »

Why it Pays to Purchase a Downtown Houston Condo

Friday, March 12th, 2010

houston condosJust a few decades ago an interesting trend took place; families began moving from the city to the suburbs. They began searching for quiet streets and small neighborhoods and, more importantly, affordable housing.

However, jump to 2010 and the movement appears to be shifting once again. Now it seems that many Houstonians now prefer the ultimate convenience of living in the city. And what better way to live in the city than in one of downtown Houston’s condos?

There are many reasons why so many Houstonians are flocking back to the city; here are just a few of them:

  • Rebirth and Revitalization – The city of Houston has never looked so good, and that certainly goes for downtown Houston. The many neighborhoods which comprise the downtown Houston area have seen great improvements over the last, few years, from neglected properties to some of the best real estate in Houston. Take a look at downtown Houston condos and you will quickly see that living in downtown Houston is reserved for only those homebuyers with the most discriminating of tastes.
  • High Property Values – Let’s face it: it’s simply more expensive to live in downtown Houston. However, as many condos owners can attest, the property values are only increasing, thereby setting you up for a nice return on your investment if your purchase downtown Houston condos.
  • Great Real Estate Options – The many different living options in downtown Houston provide buyers with many choices. From lofts and apartments to townhomes and superb high-rise condominium living, there is certainly no shortage of real estate in downtown Houston.
  • Practicality – For business professionals, there is simply no better location than downtown Houston. Many of the downtown Houston condos cater to busy professionals, and therefore offer a plethora of outstanding amenities and services. Plus, reaching your office in a matter of minutes simply can’t be beat.
  • Entertainment Choices – From trendy restaurants to high-end boutiques, there is something for everyone of downtown Houston. The entertainment choices are varied and exciting, and cultural activities and nightlife are unsurpassed.

Tags: ,
Posted in Condos | No Comments »

The Challenges and Opportunities of Purchasing a Midtown Houston Condo

Friday, February 26th, 2010

Midtown Houston is a hot spot for condominium living, and for good reason: this bustling urban atmosphere enjoys a close proximity to downtown Houston and its business district, and is also close by to a nearly endless array of shopping, dining, cultural and entertainment destinations.

The real estate in Midtown Houston provides a beautiful selection of upscale condominium homes, which are particularly ideal for young, urban professionals, small families and even empty nesters. However, with the struggling, national economy and the decline in home values, many would-be homebuyers are thinking twice about investing in a condominium home.

Make no doubt about it: purchasing a condo in Midtown Houston is different from purchasing a single-family home. As with anything else, there are a number of opportunities and challenges that exist for homebuyers who are interested in purchasing a condo property, not only in Midtown Houston, but across the country:

Challenges:

  • Large down payment – Most lenders now require a much higher down payment for a condominium home than they would for a single-family home. This is due, in part, to a declining condo market throughout most of the country. Although Houston didn’t experience the boom and bust like many other markets did, it is still feeling the effects of tougher lending practices by lenders on condominiums.
  • Tough financing – Many of Midtown Houston’s condo residences would be categorized under a “jumbo loan” because of their price; and, unfortunately, many lenders are now placing very strict restrictions on jumbo loans. In some parts of the country, such as Florida, many lenders have almost completely abandoned jumbo loans.
  • Homeowners Association Fees – Along with a monthly mortgage payment, living in a Midtown Houston condominium also means paying HOA fees, some of which can be quite expensive.

Opportunities

  • Excellent appreciation value – Because of the hot real estate market in Midtown Houston, condos here are likely to see impressive appreciation over the next few years, once the market has begun to rebound.
  • No maintenance/carefree lifestyle – Often times, one of the biggest benefits to condo living is that maintenance is virtually eliminated. As a result, condo homeowners can enjoy a more carefree lifestyle.
  • Amenities and Services – Most condo buildings boasts a great deal of excellent amenities and services, from concierge and porter service to swimming pools and fitness centers.

Tags:
Posted in Condos | No Comments »

Luxurious Condo Living at the Bellaire

Wednesday, February 3rd, 2010

Premier Houston condominium living is alive and well and can be found at the exclusive Bellaire. Featuring just 27 private condominium residences, each boasting three levels of living amidst a beautiful, Mediterranean design concept, the Bellaire is a fine example of upscale, condominium living in Houston.

The Mediterranean-inspired architecture, along with beautiful, sweeping views of Houston, can be found throughout all of the condominium homes of the Bellaire. The exterior landscaping further adds to the exclusive, serene lifestyle of the Bellaire, as it features sidewalks and landscaped courtyards that include a controlled access entry.

All of the homes of the Bellaire are accessed via two, glass elevators that overlook the landscaped courtyards. All of the residents of the Bellaire enjoy controlled access parking and assigned parking spaces. All homes feature engineered soundproofing systems to ensure the ultimate in peace and serenity.

The interior amenities found throughout the homes of the Bellaire include:

  • Open living spaces
  • Double crown molding and custom baseboards throughout all living spaces
  • Dual-pane windows and two-inch window blinds
  • Hardwood flooring in the living room, dining room and foyer
  • Ten to 12-foot ceilings
  • Eight-foot entry doors
  • Spacious, walk-in closets
  • Pre-wired for cable/satellite television and high-speed Internet
  • Wireless Internet available

Kitchen Features and Amenities

All of the homes of the Bellaire feature gourmet kitchens, which feature such exceptional amenities as: GE stainless steel appliance packages; stained oak or maple cabinetry; granite slab countertops; slate tile floors; undercabinet lighting and large pantries.

Master Bathroom Features and Amenities

The luxurious bathrooms of the Bellaire are also upscale, as they feature master bathrooms with oversized tubs and separate, glass-enclosed showers; two master-bathroom vanities with marble tops; porcelain tile; and antique nickel fixtures.

About the Design and Development Team

The Bellaire is a product of Rain Properties LTD, a real estate partnership between ArchiTECH Design and Development and Dr. David Suchowiecky. ArchiTECH Design and Development has designed and constructed a myriad of residential communities throughout Houston over the past, several years, including Bayou Island Park and Briar Hollow, as well as several custom homes.

Tags: ,
Posted in Condos | No Comments »

Must-See Inner Loop Condos

Wednesday, January 20th, 2010

The condos of Houston’s Inner Loop are hip, trendy and exclusive. Being located inside the Inner Loop has many advantages for residents, as they are likely close to business, shopping, dining and entertainment opportunities.

The Inner Loop, which technically refers to the area between Interstate 10 and South of Highway 59, includes a beautiful variety of museums, art galleries, restaurants, sports arenas and medical facilities, just to name a few.

The appeal of Houston’s Inner Loop is apparent when you consider the exceptional condo residences found here. Here are our top picks for hot Inner Loop condos:

  • Jackson Place

Located in the Memorial Park/Rice Military section of the Inner Loop, Jackson Place features a mid-rise building, which was built in 2006. The contemporary architecture and modern design is accentuated by granite countertops, upscale stainless steel appliances, and solid maple cabinetry. The great outdoor swimming pool and sundeck, both of which are located on the third level, offer fantastic views of the surrounding Inner Loop neighborhoods.

  • Cosmopolitan

Located in the Uptown/Galleria/Post Oak neighborhood, these exclusive condominium homes range in price from $400,000 to over $8 million. There are 20 stories in this high-rise building, 90 units and ten penthouses. Some of the exceptional building amenities afforded to the residents of the Cosmopolitan include: valet and concierge service, a movie theater, a wine room, a fitness center and private meeting room. Cosmopolitan is conveniently situated on the highly desirable Post Oak Boulevard, often referred to as Houston’s version of Rodeo Drive.

  • The Mercer

The Mercer condos, located in the Uptown/Galleria/Post Oak section of the Inner Loop, are priced from the $400,000s to nearly $1.5 million. This high-rise building, which was built in 2003, features 30 stories with just one or two units on each floor. Some of the unsurpassed design features of the homes of the Mercer include: 12-foot ceilings, open floor plans, soaring windows with beautiful views, gourmet kitchens, hand-milled cabinetry and custom moldings. The building amenities of the Mercer include gated security, a controlled entrance, and a four-story parking garage.

Posted in Condos | No Comments »

Downtown Houston’s Fabulous Commerce Towers

Wednesday, January 13th, 2010

Downtown condos have long been known for being upscale and luxurious, and the Commerce Towers are no exception.

Located in the heart of downtown Houston, the Commerce Towers epitomizes upscale, executive residences. This high-rise building, which was built in 2002, features 125 units that range in price from $280,000 to $2 million.

houston condos

Condo Features

The beautiful, exclusive residences of Commerce Towers feature sound-insulated walls , 11 to 18-foot ceilings, as well as hardwood floors. Commerce Towers boast over 50 floor plans; each one unique and spacious.

Commerce Towers recently received an “Award of Excellence” from Texas Construction Magazine.

The residences of Commerce Towers offer an alternative to downtown loft living, as they are fully furnished and feature detailed architectural elements. In fact, Commerce Towers even boasts three level  penthouse suites that offer rooftop terraces and custom designs.

Building Features

The building amenities of Commerce Towers are unsurpassed and exceptional, as they include:

  • Two private residential lobbies
  • 24-hour concierge service
  • 24-hour valet service
  • Porter service
  • Five-passenger elevators
  • Electronically controlled gate with garage parking
  • Guest parking
  • State-of-the-art fitness center
  • Media room with wide-screen television
  • Private party room with fully equipped kitchen
  • Dry cleaning service
  • Conference room
  • Rooftop heated swimming pool
  • Nicklaus Design putting green

Corporate Housing Options

The Commerce Towers offer sales and corporate housing. In fact, the long-term corporate housing and downtown Houston location attract many Houston professionals.

Excellent Location

The Commerce Towers are located on the Metro rail and near the downtown tunnel, thereby affording residents of this luxury condominium building a short walk to some of Houston’s major corporations and entertainment destinations. Other nearby locations include: the Theater District, Minute Maid Park, the Toyota Center, the Medical Center, the Museum District and Reliant Stadium.

Tags: ,
Posted in Condos | No Comments »

Spotlight on: The Edge Condominium in Midtown

Wednesday, January 6th, 2010

Midtown Houston is all things hip and modern with the addition of the Edge Condominium.

Dynamic, Midtown Location

This stylish, six-story mid-rise building features 93 units in the heart of Midtown Houston. The Edge enjoys a fantastic, central location to a near-infinite number of restaurants, shops and entertainment destinations. The Edge is also just a short stroll from the Metro and the downtown area, thereby making it a popular choice for Houston professionals.

In fact, the Houston Business Journal noted that the Edge is “the first new condominium community close to downtown in 30 years.”

The Edge is also just around the corner from the many shops and restaurants of Gray Street, and there are a variety of community parks and walking/jogging trails just blocks away. Other, nearby locations include the Cullen Center and the Continental, Mickey Leland and Exxon buildings.

For those who enjoy a dynamic, exciting lifestyle, the Edge certainly delivers.

Building Amenities Varied and Luxurious

Just some of the superb building amenities afforded to the residents of the Edge include: concierge and porter services; a state-of-the-art fitness center, a swimming pool; a community center; a theater; and a business center.

Prices for the Edge condominiums range from the $200,000s to over $500,000. Homes in this building range from 927 to 2,073 square feet in size.

Condo Unit Amenities and Features

All of the homes of the Edge include 10 to 12-foot ceilings, stainless steel appliances, hardwood floors and 17 different floor plans from which to choose. Many of the units boast panoramic views of downtown Houston, while units on the west side of the building enjoy beautiful views of the towering oak trees on Baldwin Street. Units on the courtyard side of the building feature a plethora of beautiful landscapes and hardscapes, including a waterscape wall.

Other features and amenities of the Edge include:

  • Private, garage parking
  • Sound-insulated units
  • Quiet, sound cushioned floor systems
  • Hardwood floors in main living areas
  • Berber carpeting in all bedrooms
  • Wood bases and crown moldings
  • Wood entry doors
  • Common area storage closets
  • Eight-foot living area doors

Tags: ,
Posted in Condos | No Comments »

Where is the Downtown Houston Condo Market Heading?

Wednesday, December 2nd, 2009

Houston, we have a problem: Downtown Houston’s high-rise condo market is still struggling.

The single-family home market in Houston has started to see signs of improvement, but the high-rise condo market is still waiting to hit rock bottom.

downtown-houston-condos

It is now common to see downtown Houston developers either scratching plans for new developments or renting out their high-dollar condo homes because they simply can’t sell them.

Sales and Prices Continue to Fall

In fact, sales and prices of condos in Houston’s Inner Loop have consistently fallen every quarter for the past two years. For example, according to the Houston Association of Realtors, the last quarter saw sales plummet nearly 17 percent from the same period in 2008; prices were also down 20 percent during this time.

Although Houston’s downtown high-rise market is suffering, it still doesn’t hold a candle to areas like Miami, where there are tens of thousands of units sitting vacant, unsold. In contrast, there are currently 486 unsold condo units in Houston.

The Problem in Houston

Unlike other areas of the country where property values went through the roof because of overzealous investors, many of the developers in Houston simply misread the demand for high-rise condo living. Many developers, as a result, have since pulled out of the market after having nearly no luck in pre-selling their condo units.

Many developers in Houston were thrown off course when they began to set their sights here, mainly because of Houston’s thriving population and success in the energy industry. What they didn’t consider was that many Houston residents were instead choosing single-family living over high-rise condo living because of the large price difference.

Lending Woes

The lending market didn’t help matters in Houston, either. Because of the countless condo loans that went sour, lenders became hard-pressed to offer financing for high-rise Houston condos; particularly the very expensive ones. Government-backed lenders also changed their rules regarding condo loans, thereby making it nearly impossible to land financing for a condo.

Amazingly enough, however, there are many industry analysts who say that, despite the woes of the high-rise condo market, the market in Houston remains strong.

Many high-rise condo developers are reporting an increase in sales, including Edith Personette of Highland Tower. She reports that units in this new, 16-story building have begun selling once again.

Tags:
Posted in Condos | No Comments »

A Sluggish Condo Market may mean Great Deals for Downtown Renters

Thursday, October 15th, 2009

One person’s downfall may be another person’s opportunity; at least when it comes to real estate.

Let’s face it: the economy is taking a beating, and the downtown Houston condo market has felt its wrath. Many building owners are now taking to the streets and offering such incentives as free appliances and free parking in exchange for a lease.

Landlords have become increasingly aggressive as of late, likely due to the fact that downtown Houston condos just aren’t flying off the market. And if they can’t get buyers into their properties, they’ll get renters.

As a result, there is an abundance of apartment buildings throughout downtown Houston that are now leasing, as property owners struggle to fill their homes and generate income.

Great deals can be had in even the highest-end properties, where an oversupply is causing more than a bit of a strain on the market.

Houston saw an occupancy rate in its rental properties of just 85.3 as of August, that’s down a percent from a year earlier. Apartment lease prices have also dropped in the last year, from an average of $725 in 2008 to $719 at the end of August.

Many renters are taking full advantage of this market, renting high-end apartments for a fraction of what they would have been rented for just a couple years ago. Many renters are even snagging free rent for signing long-term leases.

For example, the upscale apartment complex of Venue, located in the highly desirable Museum District, is offering a free month’s rent, along with a subsidized rail ridership for the first year.

It is important to note that apartment homes outside of the Loop have not seen large cuts like homes inside the Loop.

As the job market slowed in Houston, with some 80,000 jobs lost between July 2008 and July 2009, city homes were not in high demand, thereby creating a unique opportunity for renters searching for the finest digs for a great deal.

Tags: ,
Posted in Condos | No Comments »

« Older Entries
Newer Entries »