Contact Information: Contact: Valerie Jennings 913.220.7694 Valerie@jenningspr.net
National Real Estate Condo Developer 'Bullish' on Madison, Wis. Condominium Market
New York Real Estate Developer Partners With Madison, Wisconsin Real Estate Development Company on 240 Unit Condominium Community at Harbor House
| Source: Bruner Realty
MADISON, WI--(Marketwire - July 23, 2009) - While the national condominium market continues
to struggle, sales at Harbor House in Madison remain steady. According to
Harbor House owners, 65 percent of the community is sold out, and the
developers, Time Equities, Inc., located in New York, and Bruner Realty,
Inc., in Madison, continue to experience strong demand.
"We are thrilled to have so many first-time homebuyers at Harbor House,"
said Jay Bruner, president of Bruner Realty. "Our 25-year-old daughter and
her husband purchased their first home right here at Harbor House, and
their monthly mortgage and maintenance costs are less than what they would
pay in rent for a comparable apartment." Contact Harbor House:
www.harbor-madison.com/contact-us/
Watch video about Harbor House: http://www.youtube.com/watch?v=MejcBa25MTU
According to Kiplinger's Magazine, Madison was recently ranked as one of
the top ten best cities in America in which to live. Additionally,
unemployment in Madison consistently remains below the national average.
Madison employers include the University of Wisconsin, State of Wisconsin,
Epic Systems and American Family Insurance as well as a number of other
high tech and clean industry companies. These factors, along with the
federal government's $8,000 tax credit for first-time homebuyers, support
the reasons why Madison continues to thrive in these current economic
conditions. Read blog: www.harbor-madison.com
Francis Greenburger, CEO and chairman of Time Equities, Inc. in New York
City concurs. "We think Madison possesses a special set of social and
economic factors that make it stand out in our minds as an intelligent city
to invest in," said Greenburger. "We were very fortunate to, along with
Bruner Realty, be able to acquire and develop the Harbor House community at
such an affordable price, and we are now able to pass extraordinary savings
along to our homebuyers."
Harbor House condominium community is located on the West Side of Madison,
Wis. Harbor House contains 240 condominiums, of which more than 160 have
been sold to home owners. Time Equities, Inc. and Bruner Realty have spent
more than $3,500,000 renovating the condominium interiors and community
amenity areas. Harbor House condominium homebuyers choose their interior
finishes and take advantage of the 24-hour fitness center, heated swimming
pool and jacuzzi as well as volleyball, basketball and tennis courts.
Contact Harbor House: www.harbor-madison.com/contact-us/