Wednesday, August 6, 2008

Weston Place Condominium News


Weston Place Condominiums
625 N. Segoe Rd, Madison WI 53705

by David Baehr

We are excited to welcome The Athletic Club of Madison as the newest member of our Weston Place community.The Athletic Club of Madison is a member only, upscale health club and a perfect compliment not only to Weston Place, but the new Hilldale Mall and surrounding area.

The facility will offer exercise programs, aerobics, sauna and spa services and a juice bar. Completion is anticipated for early November. The convenient location of this upscale facility will no doubt make condominium living at Weston Place more attractive for current and future owners.

Other exciting news is that construction of the Whole Foods project is expected to begin this month and be completed in 2009. With that project and Hilldale Mall, with great restaurants, shopping, and the Sundance Theatre we do have everything you could want right here!

On another note, we’ve noticed a shift making condominium living even more attractive than ever before. Dozens of news reports are pouring in from across the country, showing that Americans are enthusiastically buying into urbanism. For the first time in decades, the average number of vehicle miles driven by Americans is falling, down 1 percent for the year and more than 6 percent in May alone.

David Stiff from Standard & Poor's finds evidence that choice locations in several metro areas, particularly those with a balance of jobs and housing and better mixed uses, are retaining their value and predicts that sprawling parts of the metropolitan edge will continue to decline.

Joe Cortright, in a report written for CEOs for Cities, writes that "the gas price spike popped the housing bubble" by exposing the false economy of sprawl, while noting that cities with stronger centers have fared better in the marketplace.In short, the gas price shock signals more than just a temporary disruption in suburban housing markets and supports continued value in urban areas.

We’re excited about the opportunities before us at Weston Place.

David Baehr Broker, ABR, RRS Baehr Inc.
http://www.BaehrInc.com/
Prudential Community Realty 3392 Brooks DriveSun Prairie, WI 53590

Click the links below for more articles on this fascinating phenomenon.http://danecountyrealtors.c.topica.com/maal7XGabJs06aDDYlLeaeQCFu/http://danecountyrealtors.c.topica.com/maal7XGabJs07aDDYlLeaeQCFu/

Check out Weston Place online!

0 comments: