News Highlights

More commercial and residential construction has been approved over the past few years to support the expected growth.  The downtown Chicago area has been undergoing its own “Manhattanization” with many new high rise condos under construction.

The Chicago condo market has slowed a bit but not taken nearly as large a hit as other areas such as California and Florida.  Many real estate professionals and economists are wondering how the downtown Chicago condo market will fare over the next year as the area was a bit of a late comer to the condo boom.  New York City, for example, has managed to maintain a relatively healthy economy and absorption rates for new condos are still on track.  Will Chicago follow suit or will it become victim to over building and a diminishing demand from buyers and investors?

NewCondosOnline.com, the largest and most used new condo advertising website in the country, has been a valued tool for home builders and real estate marketing firms over the past few years due to its global advertising platform for new condominiums developments.  CEO Brandon Fishman says, “With the ability to reach a much larger pool of potential local and foreign buyers, the Internet has become the most cost effective tool to market new homes.  More and more cities across the nation are trying to combat the slowing home sales by reaching out to foreign buyers.  We make that goal a reality for them.”

NewCondosOnline.com works with major Chicago condo builders such as Belgravia Group as well as real estate media firms such as Demi & Cooper and Firestar Communications to provide online advertising and consulting solutions.  Advertisers are able to capitalize on the vast amount of users which are channeled to the builder’s websites and registrations forms.  Buyers looking for new Chicago condos can easily contact the sales representatives for the projects and gather information on pricing, availability, and floor plans. President Brent Gleeson commented, “The goal is to make it as easy as possible for the interested buyers to get in touch with the builders and their sales teams.  The more we can do to assist in the process, the more likely our clients will be to maintain a healthy sales momentum.  In addition, the greater efforts we make to provide our clients with a foreign outreach, the greater their chances are to keep foreign investment coming in.”

About New Condos Online:
NewCondosOnline.com provides home builders, developers, and real estate advertising agencies with comprehensive marketing solutions which help take new condo development from concept to sale.  New Condos Online offers advertising packages and consulting programs for everything from website design to construction financing and bulk sales.  Learn more at www.newcondosonline.com today.