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October 18, 2008

San Diego condo Balboa Ridge making waves

Filed under: San Diego Condos,condo conversion,condos in california — The Law @ 10:41 am

Let’s face it, the economy and stock market are taking a significant punishing and around the country there are talks of substantial cutbacks. However, there is still a strong need for continued economic stimulation. Cities like San Diego, Los Angeles, New York City and Chicago are still seeing new projects being developed and built. Of particular note is Balboa Ridge condos in San Diego, CA. New Condos Online has been featuring this development since late 2007 and has proved a great resource for leads and generating exposure online.

Alan Nevin, Director of Economic Research for Market Pointe Realty Advisors and Chief Economist for the California BIA, addressed a crowd of real estate brokers at Balboa Ridge Wednesday afternoon. He kept his audience engaged with an informative synopsis of San Diego’s current housing market condition and his forecast for its recovery. Mr. Nevin shared his research regarding the dwindling availability of modern condominiums at prices that still make sense in today’s real estate market. Investing in existing communities such as Balboa Ridge with its quality construction, amenities, mature landscaping and central location makes solid business sense as it becomes harder and harder for builders to acquire single family lots and as the cost of pricey brand new construction drives prices above what the current market will accept.

Brokers continue to bring their clients to Balboa Ridge because it offers an attractive mix of comfort, location and value. Centrally located in Clairemont, between I-805 and I-5, the gated, garden community stands apart from similar projects with extraordinary construction and lush, mature landscaping. Its established Clairemont neighborhood allows residents the convenience and close proximity to many of San Diego’s attractions and freeways. Broker co-operation is invited at 6% to referring brokers.
Community home owners cite beautiful landscaping, thoughtful floor plans and overall value as key reasons they’ve made Balboa Ridge home. In a recent interview at an Owner Appreciation Wine Tasting Party, Balboa Ridge resident Erika boasted, “I bought a two bedroom condominium… with a front yard!”
Balboa Ridge features three swimming pools, a clubhouse with canyon views overlooking a community spa, exercise facility and garden courtyards throughout. Shopping and entertainment are within walking distance. Homes start in the mid $200,000’s with HOA’s as low as $213.00 per month.

Balboa Ridge is located at 5252 Balboa Arms Dr. near Balboa and Genesee, with a sales office open daily from 10:30 a.m. to 5:00 p.m. Contact a Balboa Ridge representative at (619) 857-6148 or via www.BalboaRidgeCondos.com. Broker co-operation is invited at 6% to referring brokers.


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