What happens when you build a luxury condo near the Grand Canyon?

The grand canyon is a prime location for luxury condominiums, but the real estate market is already heating up. 

It’s a hotbed of activity right now. 

In the first nine months of this year, residential sales in the canyon were up 13.5% compared to the same period in 2015. 

And in that same time frame, condos were up 5.5%. 

And the Grand Teton National Park is also a hotspot, with condo sales up 13% this year compared to last year. 

So, while it may seem like the Grand Traverse has been the hottest place to build a condo in recent memory, in reality it is actually a very conservative market. 

The real estate agent at the bottom of this post, John Foy, says he would be hard pressed to find a more conservative market than this one. 

“In my experience, if you look at the other areas in Grand Travers, they tend to be very, very conservative,” he says.

“In other words, they’re not very diverse, they’ve got a lot of single-family homes, they have a lot more luxury properties, but they tend not to be as hot.”

John Foy is the agent who manages the Grand Trunk Condominiums and Lifestyle, an area in the Grand Coulee National Forest that is home to about 80 condominium units and more than 2,200 square feet of ground floor retail space.

“It’s very conservative, there’s very little retail, there are no big retailers.

There’s very few office spaces, there is very little apartment housing.

There are no commercial tenants.””

In this particular location, it’s really more of a suburban-style market where people are choosing to live closer to the water and the mountains and to the Grand Park,” John says. 

For the most part, condo sales are concentrated in the area around the Grand Lake, in the southern part of the canyon, where there is a mix of houses and apartments. 

But in the northern part of Grand Traver, condos are up almost 40% in the last year, with a few buildings like the National Building Museum and the National Zoo.

John says the market in the middle is a bit different. 

He says the area in between the Grand Lakes and Grand Travert is “very conservative, but there are a lot fewer luxury properties.”

Most of the people who are moving to Grand Traveres area to buy a condo are not moving here from other parts of the country, they are moving here because it’s more affordable, more affordable to live in Grand Trunks and Grand Lakes,” John explains.””

We have very few luxury condos and there’s less of a diversity of styles in that area. 

Most of the people who are moving to Grand Traveres area to buy a condo are not moving here from other parts of the country, they are moving here because it’s more affordable, more affordable to live in Grand Trunks and Grand Lakes,” John explains.”

People have a preference to live where they can get to Grand Trumps lake, to Grand Lake for a longer period of time, but Grand Travis has a very, a very high standard for the quality of homes.”

And there’s a lot to love about Grand Traven. 

You can drive the road up to Grand Canyon National Park and it is breathtaking. 

There are mountains, and it’s a really, really pretty place. 

Then there are the Grand Tree National Park, the Grand Tetons highest point, and the famous Grand Canyon. 

John says there are more people than ever coming to Grand Tour, but he says the community is growing.

“We are getting a lot, a lot closer to people.

It’s a very active community.

There is a lot going on, a real vibrant community, with the Grand Tour area growing,” he concludes. 

Grand Traverse is not the only community in the region to see condo sales increase this year.

 In May, the market for luxury condos in Grand Tonese was up 24% compared with the same time last year compared with a similar period in 2016.

And in the same market in May, condominium sales in Grand Tetonese were up 15.3% compared, but in the first quarter of 2017, there was a decrease of 5.4%. 

“This is a very robust market, it has a lot less competition and a lot better competition from the Grand Yellowstone National Park,” says John.

So, it seems to be working. 

As we head into the next few weeks, we’ll see how the market evolves and whether condo sales will keep rising in the near future. 

Read more articles by Amanda Jones

When did New Jersey real estate rent out its homes?

With its vast wealth, proximity to the sea, and diverse economy, New Jersey has become the epicenter of real estate speculation.

But the state’s rental market, as a whole, is starting to fall behind some of its neighbors. 

The real estate industry, which is largely a family business, has grown as home sales and inventory have plummeted.

This has been compounded by the national housing market, which has seen many states like New Jersey fall into recession. 

But for now, it seems that New Jerseyans are still renting their homes out for years.

The vacancy rate in New Jersey is about 1 percent, according to the National Association of Realtors.

This is far lower than many other states, and far higher than the national rate of 2.4 percent. 

“It’s a very tight market right now,” said Michael Daley, vice president of research for RealNetworks, a real estate research firm. 

In 2016, New Brunswick’s vacancy rate was just 3.4. 

As long as the supply of homes is there, it’s a good deal for the city, but if there’s no demand, then it could become a rental market as well, said Daley.

“I think the real estate market is going to be there for a while, but there’s definitely a long way to go before we see that,” he said. 

For the first time in over a decade, the city of Brunswick, New York, is looking to sell homes. 

Brunswick Mayor Mark Johnson said he hopes to sell off some of the town’s homes before the end of the year, but he’s not looking to break the bank.

“We don’t need to spend a lot of money.

We can afford to do that,” Johnson said.

He’s already talked to several potential buyers.

The realtor said the current rental market is a big reason why the city is looking for a buyer.

“It’s going to take a lot to keep the market going for as long as it’s going,” said the realtor, who asked to remain anonymous. 

Rental prices in New York and across the country are now in the mid-20s. 

While the city’s real estate is slowly moving into the red, some of that money may be going to help fund local programs, including a $4.8 million budgeted for a new housing grant program.

New Jersey, like many other parts of the country, is seeing the housing market slow down as demand from the rest of the nation picks up.

The housing market has slowed in New Brunswick because of the national economic downturn. 

However, in the short term, the rental market could still recover. 

Daley believes that New York’s market could rebound, if the state gets a good housing recovery in the next few years.

“As the economy picks up, and people have more money to spend, then the rental housing market is still going to rebound,” he explained. 

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N.J. real estate values to drop by 1 percent as Christie’s administration seeks to shore up market

NEWARK — Real estate values across the state are falling and the number of new listings is dropping.

According to the real estate website RealtyTrac, which tracks listings on the National Association of Realtors website, the number in New Jersey is down 8.5 percent from the same time last year.

The state’s total inventory of homes is down 13.6 percent from a year ago, and home sales are down 5.6 million from last year, according to Realty Trac.

“As we enter the fourth quarter, there’s not a lot of new homes being built in the state,” said David Parnell, Realtytrac’s chief economist.

The market has already been hit hard by Christie’s veto of the state’s controversial “Bridgegate” law, which would have allowed the Christie administration to temporarily close lanes on Interstate 91 and have the state shut down if a certain percentage of the bridge construction went smoothly.

The governor has repeatedly said that he will not enforce the law.

But a lawsuit filed by New Jersey’s largest construction unions says that is not enough.

Many in the construction industry have said they won’t have the money to do repairs or even pay for repairs to the bridges that carry goods from one section of the Hudson River to another.

And a recent survey by the realtor group Trulia found that only 18 percent of buyers surveyed in the region are aware that the Christie-appointed administration is targeting the state.

In a statement, the Realtor’s Association said that Christie’s actions were “in the best interest of our members, who will continue to have access to affordable housing, affordable education, and access to good-paying jobs.”