Hello from New York City. I just wanted to send out a short message this morning and give you a quick update on our website and blogs.  First off our blogs have been fully restored and we are up and running at 100%.  So blog followers, readers and admirers – comment away!
Secondly the framework of our core website (CondoDomain.com) has been restored and successful moved to a brand new server environment.  In hopes to eliminate all of …

Currently listed at $300k, a spacious one bedroom unit (961 sq ft) has been approved for short sale (hint: very, very close to list price) in the Columbia District’s luxury highrise Electra. This one is ready to close – and it will be a fantastic bargain for a building with high-end amenities in such a spectacular location.
Call or email for more specifics!
(700 E Street #305)

Cortez Hill’s Aria building (1441 Ninth Avenue) now offers FHA and VA financing. This is a great opportunity for buyers, as Aria is currently the only Cortez Hill development built post-2000 that can extend these types of financing without the buyer applying for individual unit approval (i.e., “spot approvals”). FHA loans require a 3.5% down payment, while VA loans can fund to 100%. Aria still has a lot of very competitively priced 1-, 2-, and 3-bedroom view units available with all the amenities one would expect from a …

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 which determine the maneuver …

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.

San Diego Lofts are a very popular option for urban California living. Many lofts combine a work/life concept, very popular with artists and creative retailers. With work/life living in a San Diego loft, you eliminate the need for a commute, and you live, work and play in one central location, convenient to area attractions and highways.

Spurred on by California’s 10,000 tax credit and the national $8000 credit, buyers are showing up to take advantage of bargains in the San Diego area.

The market still has a way to go, but with the glut of foreclosures on the market, buyers are looking for deals in the top San Diego neighborhoods of Hillcrest, Mission Hills, and Ocean Beach. The volume of downtown San Diego condos still is very high, which means more flexibility for the buyer.

San Diego foreclosures are no longer just in risky neighborhoods. The foreclosure crisis has hit all sorts of homes in all types of areas. Pre-foreclosure, many homeowners and developers are willing to negotiate with a buyer/investor. If they can walk away with a little cash and satisfied liens, and you have a property for less than the market value, it can be a win – win proposition.