Real Estate Blog

The events in Bangkok in May 2010 have raised concerns about the recovery we were seeing in many sectors of the Thai property market in the first quarter of 2010.

However, it will take months to see what the effect will be on sales and letting volumes, prices and rents. We do not believe there will be a sudden a dramatic downward movement in prices or rents.

The total supply of expatriate standard apartments in downtown Bangkok increased 2.3% year on year. Occupancy was 88.2%. Rents rose in some locations such as Central Lumpini but fell in other locations.

Continue reading ‘Market View of Bangkok Condo’ »

There are many ways to make money and we are constantly being blasted by email, TV, magazine ads and every other form of communication used today by people telling us they have the secret to getting rich.

The world economy is changing, but a look back in history will show you one thing, the way to make money over time is through Real Estate, more millionaires have been made through property than anything else. There are of course the exceptions who have made a fortune on the stock market or other risky methods, but these people are really few and far between, how many do you personally know?

On the other hand most people know someone who has made money from Real Estate, it is definitely not the place to make a quick buck, but over time property is king of the moneymakers.

Continue reading ‘10 Reasons to Invest in a Condo Now and Get a Foot on the Property Ladder’ »

Whether looking to buy or to sell, Miami Beach condos offer great opportunities for both investment and residential purposes. Buyers can be assured of a great lifestyle in a warm tropical paradise that has been labeled “The American Reviera”, while would-be sellers can quite possibly make a killing through the area’s healthy real estate values.

One of the main draws of this Miami-Dade County, Florida city is of course its beautiful beaches, and the fine weather that goes along with it. In fact, Miami Beach is one of a handful of US areas that has never experienced snow or snow flurries in recorded weather history.

Continue reading ‘Rich Environments and Opportunities Await Those Looking to Buy Or Sell Miami Beach Condos’ »

There are los of people who are dreaming of having their own condo unit. Condominium is a residential building wherein you can solely own a condo unit and jointly own all the facilities within the building.

And because of the luxurious designs of Miami Beach condo, condo become popular. Now even there is mortgage crisis that gripped Miami, the popularity of the condo unit soar high. Continue reading ‘Factors That Affect the Popularity of Beach Condos’ »

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Be careful what you wish for. That’s the hard lesson learned by one Pittsburgh-area condo association board. The board fought for, and won, independence from the local township when it came to roadwork and maintenance. The condo association won its private-road status from the township.

However, privacy can be pricey. The association board now faces a costly final project phase – a storm water system – and they’ve gone back to the township, hats in hand, looking for some help. Help, it appears, isn’t forthcoming. Moreover, the project plans were expected to follow township regulations involving setbacks and structure placement. On closer look, the township and the condo association members realized compliance was rather spotty. Continue reading ‘How Much Control Should a Condo Association Have? An Expensive Lesson’ »

When there is war inside a community association, there are usually several sides-the owners, the board of directors, management, and sometimes, lawyers. Each brings their unique perspective to the dispute, and each may distrust the views, or worse, the motives of the other. That they should all be working together to manage a project that is inherently unmanageable is beside the point-when there is a lack of trust cooperation goes by the boards and issues that should be open to easy solutions instead become a battleground. Why are we wasting good ink to discuss disputes that are often inconsequential in the scheme of things? Because lack of trust can paralyze a community association just when economics require unprecedented cooperation.

Examples? Board members who are convinced (by themselves or others) that they must follow the dictates of a statute, may pursue enforcement measures that are too rigid for the situation. Owners who lack an understanding of the history of an association, its economic condition, or the legal authority under which it operates may believe that rules can be ignored. Attorneys who lack sensitivity to the emotional side of a dispute among board members may try to resolve the issue with formality when flexibility and consideration of human nature is required. Owners with short-term interests may reject the needs of longer-term residents. Managers who lack the confidence to confront wayward board behavior with strong leadership may fear losing favor and perhaps the account. Continue reading ‘Who Do You Trust? The Essential Ingredient in Effective Management of Community Associations’ »