It’s official. Vantage Pointe has refunded deposits to buyers and is changing the way they approach selling the development. Buyers were unable to secure financing since the lending laws require that 70 percent of the units in a development be presold. The largest San Diego condo project has been 4 years in the planning, and now needs to revamp their plans.
In San Diego, Market Street is a major destination. Conveniently it is a major thoroughfare, and one which works well with residential and mixed use development near the water. Upscale dining, shopping and amenities for everyday living are here.
The breathtaking San Diego scenery and the excitement of “the world’s best ballpark in America’s finest city” can be in your neighborhood if you live in San Diego condos in the Petco Park area. Located adjacent to the San Diego Convention Center and area hotels, the Petco Park neighborhood is vibrant, contemporary, and full of great place to live and fun things to do. The home of the San Diego Padres is arguably in one of the most beautiful locations in the world.
We’ve been watching the setup for the Red Bull Air Races that are returning to downtown San Diego for the third consecutive year this weekend (May 9 and 10). The Air Races are held over water in the San Diego Bay. Pilots race aerobatic prop planes in speeds over 250 mph (individually against the clock, of course!) in a preset configuration through 6-story high inflatable obstacles known as “Air Gates,” which will be anchored to floating platforms in the Bay. There are three types of Air Gate …
While the general idea about San Diego condominiums is that there are too many of them, investors have been buying them for rentals – and in San Diego, that appears to be a good thing. San Diego’s rental homes have a 95 percent occupancy rate, and rents are expected to increase by at least another one percent over the next two years.
Little Italy in San Diego is one of the most popular spots in the city. Little Italy is known for restaurants, great markets and specialty food stores, a convenient location, and it is one of the most affordable areas in San Diego for the quality of the building and residence.
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Diana George Diana is the CondoDomain broker for sunny CA!. More information about Diana and her passion for real estate coming soon.... Read More
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