Atria Condos - San Diego

I received a call today from the Atria on Market sales office that effective immediately they are lowering prices on the remaining two and three bedroom townhomes by an aggressive 18%. That price reduction could mean up to $100,000 in savings to the buyer.

As of today the remaining inventory for Atria Condos is thirteen 2-story 2 bedroom and five 3-story 3 bedroom townhomes.

Atria Condos is located at the Marina District in the heart of downtown San Diego. For more information, contact and to view unit plans visit the Atria Condos page or the San Diego condos site.

Revolution - First Ever Residetial High-rise in National City

High-rise condos are popping one after the other in San Diego. After the high-rise boom in downtown San Diego the newest high-rise condominium development comes in National City.
Revolution is a high-rise condominium and retail development that will set a new standard for living in National City. It is designed by Marchese + Partners International for the Constellation Property Group. The first development of its kind in National City, Revolution is situated on National City Boulevard, between 11th and 12th street, adjacent to City Hall & Kimball Park, just a couple blocks of the new educational center, Revolution is the first condominium development of its kind in National City and it’s poised to be National City’s most desirable address.
Revolution condos in National City is designed as three individual buildings consisting of condominium units and ground floor devoted to retail space. The first building R1, will house 70 units, all of which are two-bedroom condos over four levels. The high-rise R2 is a 22-story tower with one, two, three and three plus den condos ranging from 570 to 1805 square feet of living space plus two 2-story penthouses. Functional and stylish, Revolution features an extensive landscaped urban oasis with a resort-style recreation area that includes a swimming pool with surrounding cabanas and luscious landscaping.
Revolution is scheduled to be completed at the end of 2007. Prices start in $300,000 up to $2.2M for the penthouses.
For contact information and more information on Revolution condominiums as well as for unit reservations visit the National City Real Estate or San Diego Condos page of the San Diego Real Estate website.

New Condos at Otay Ranch - Builder Close-Out

This weekend a couple of the builders at Otay Ranch in Clula Vista, CA dropped their prices on the very few units that remain unsold! This price reduction makes them a great buy as these new Otay Ranch Condos now sell thousands less than same comparable resale units.

On the top of the price reduction, these condos come with a complete appliance package and $8,000 to $10,000 cash incentive to be applied towards buyer's closing costs or upgrades.

For more information on these new condo close-outs at Otay Ranch and other bulder close-outs through-out the San Diego County, visit my San Diego Condos website for complete contact information and FREE professional advice from an experienced San Diego Realtor.

New San Diego Condos - Builder Incentives

Are you currently seeking to buy a new San Diego Condo? Then you should know that currently most builders are offering good incentives to buyers on the new condo developments or new condo conversions throughout San Diego County.
Builder incentives include full appliances package, upgrades and/or cash towards the buyer's closing costs.

New developments in San Diego County include: downtown San Diego condos, La Jolla condos, Scripps Ranch condos, Rancho Bernardo condos, Mission Valley condos, Chula Vista condos and El Cajon condo convertions.

Visit our San Diego Real Estate website for contact information and more details about current builder incentives.

San Diego Condo Market Forecast for 2006

Overall home sales in California are expected to be 2% less in 2006 compared to 2005, while home prices are expected to rise at a 10% average and mortgage rates to be around 6.4% for a 30 Year-Fixed mortgage. The housing affordability is expected to be at a low 15% for California.

What does this mean for San Diego home and condo buyers and sellers along? While homes in San Diego will stay longer on the market than they had during the last 3 years, prices in most areas, especially coastal will keep rising. Higher home prices compined with higher interest rates will lower the housing affortability in San Diego to about 7%.

The sales in San Diego condos will increase as first time home buyers would turn to the condo market since higher priced single-family homes would be hard to afford. Another reason that the condo sales will increase during 2006 is that retiring baby boomers wanting to increase their quality of life would seek the condo alternative.