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5 City Real Estate Opportunities No Investor Should Ignore

Greg Hansen — Fri, 29 Jul 2011 15:17:05 +0000

Real Estate markets in cities across the United States have had a rocky few years. The combination of downtown overbuilding and the economic recession was a one-two punch that drove property values down and increased uncertainty in the major cities. As we head into the dog days of summer, there are strong signs that many cities have started to emerge from their dog markets and present a viable, and in many cases a very strong, investment opportunity. There are industry-wide influences, of course. Prices are at very reasonable levels in most cities and interest rates are at or near historic lows. If rates increase, the same property will cost you quite a bit more. A good rule of thumb is for each 1% increase, there is a 10-15% loss in purchasing power for the buyer. It’s likely that over the next few years, rates will rise 2-3% back to historical norms and buying power will drop rapidly. For many investors, this means that the time to buy is now when prices and rates are low and buyers have power. Rising rents in many cities have outpaced ownership expense, making a purchase more cost efficient than renting and also increasing the likelihood of strong rental income and a cash flow positive opportunity. Additionally, strong foreign investment in several top US cities, buoyed by stronger foreign currency, the continued security of American investment, and the cache of a US address, provide built-in demand for city properties. We at CondoDomain.com are big believers in city real estate in general, but I highlight 5 cities where I believe the current opportunity is especially strong. My opinions are based on a combination of data, our agent experiences and client sentiment. This is not a scientific study but hopefully sparks some thought and adds some value. If you have any questions in general or about specific cities or opportunities, please comment or reach out to me. Without further adieu, here is the list: 5 – Los Angeles, CA There are strong signs that the real estate market in LA has hit bottom and is starting to rebound. Downtown LA was hit hard with a huge amount of overbuilding and some of the worst economic and housing downturns in the country when the credit crisis hit. Jobs and the economy have begun to come back and the oversupply of condo homes downtown makes it a buyers market. While downtown housing is still partially depressed, the neighborhood has become a vibrant and hip social scene in Los Angeles. Housing will catch up. Additionally, the new Expo line for the Metro Light Rail will make commuting for work and fun much easier. Phase 1 (from downtown to Culver City) will be open within a couple of months and Phase 2 (from Century City to Santa Monica) will be finished in a couple of years. This is the first time anything like this has connected to the west side, a huge development for LA’s car-attached culture. The train will run above ground and the route will be landscaped with bike paths and greenery. The city already has forward-looking loft/condo projects cropping up in anticipation. With downright low prices available and good prospects for the future, Los Angeles is my first investment market to watch. 4 – San Francisco, CA A second California city takes our number 4 spot. San Francisco has remained fairly strong even through the downturn and is bouncing back well too. Starting off there simply isn’t any more room to develop on the peninsula, and there is always going to be a strong demand for premium housing in downtown SF. This point is driven home by the fact that the city’s effective rents rose 1.2% (according to the Wall Street Journal 7/7/11), a figure near tops in the country. Mercer Management Consulting ranks the city as having the highest quality of life in the continental U.S., and the region is the gateway to the Pacific Rim. This means foreign nationals will be players in addition to domestic buyers. Continuing, there continues to be huge venture capital money invested in the area (more than $6.3 billion just during the recession). Job growth is on the rise, lead by high tech and life sciences professions. Overall unemployment has improved a full percentage point in the last year AND job growth in the high income/skill sectors is among the best in the nation. Remember that we are talking about the city of San Francisco only in this recommendation, and not the whole Bay Area. Strong business investment, high-end job growth, international players and high demand/low supply mean an opportunity worth taking a hard look at in my book. 3 – New York, NY The New York City Real Estate market is unique – almost a living and breathing organism like the city itself. Prices are high, demand is strong, and supply is limited… at least that’s been the story for some time now. Even in the early recession, the city’s housing market stayed relatively strong, but pressure built and finally forced a moderate price decrease in some areas. The city is expensive overall, but there are pockets of opportunity. The premium neighborhoods like Central Park West, the West Village and SoHo remain pricey and sought after, but even within those there are some streets and buildings where the investment opportunity is strong. Then there are neighborhoods like the Financial District where tax abatements and other subsidies make for strong opportunity across the area. Rents in NYC are increasing fast as inventory becomes more and more scarce. Combined with the buying opportunities that can be found, this should lead to some strong cash flow situations for investors. Landlords in the city no longer pay any broker fees in almost all cases, a sign that renting property at the high market prices is relatively easy these days… and it’s a money saver for investors. Finally, strong foreign investment from all over the world continues across New York City. So my summary on NYC: pockets of great opportunity combined with what should be high demand going forward and great cash flow opportunities. 2 – Miami, FL Miami is more than just a vacation spot. It is the gateway to the United States for all of Central and South America and it has become a major financial hub in our country and for the world. Foreign buyers are a force in the city and promise to continue to be so. The soft dollar increases their buying power and the Miami address brings big-time cache, convenience and business opportunity. The massive overbuilding in the late 2000s hammered condo prices in South Beach and especially Downtown Miami. While prices have hit bottom and are now starting back on the rise, there are still lots of very strong opportunities. The city has invested significantly in the Downtown / Brickell area and the neighborhood is looking good with outstanding public spaces and resident resources. Restaurants, bars and shopping have all recently flocked to the area. It doesn’t hurt investor prospects that Florida has no personal income tax and a low (5%) corporate income tax. So – low prices, great amenities, favorable taxes and a massive foreign demand? Yes, that’s good enough for number 2 on my cities to watch list. 1 – Washington, DC The pulse of Washington, DC is politics, as we all know, and this same government sector also powers the local Real Estate market. With the Federal government in town and all the lobbying and legal work associated with the public sector, the District of Columbia has one of the lowest unemployment rates in the country. In addition, the city has a highly mobile population that turns over frequently. DC has one of the highest migration rates from other states, and there is a strong foreign component too. There is always a high demand from buyers and renters alike. Unlike the other cities on this list, property values in most of DC have been on the rise for a couple years now, without becoming excessive. It is cheaper to buy in DC than to rent and it’s a city with one of the largest rent-buy discrepancies in the country. Inventory is scarce in Washington, DC. The economy is strong and stable and demand promises to be consistent. Our experience is that listings are selling fast and for at-or-near list price, and the aggregate data backs us up on this. I expect all these positive trends to continue and grade DC as my top investment city to watch. Hoyt David Morgan is the President of CondoDomain.com, a web-based real estate broker that is hyper-focused on city markets and fanatical about its premium service. Hoyt can be reached at hoyt@condodomain.com.

There are industry-wide influences, of course. Prices are at very reasonable levels in most cities and interest rates are at or near historic lows. If rates increase, the same property will cost you quite a bit more. A good rule of thumb is for each 1% increase, there is a 10-15% loss in purchasing power for the buyer. It’s likely that over the next few years, rates will rise 2-3% back to historical norms and buying power will drop rapidly. For many investors, this means that the time to buy is now when prices and rates are low and buyers have power.

Rising rents in many cities have outpaced ownership expense, making a purchase more cost efficient than renting and also increasing the likelihood of strong rental income and a cash flow positive opportunity. Additionally, strong foreign investment in several top US cities, buoyed by stronger foreign currency, the continued security of American investment, and the cache of a US address, provide built-in demand for city properties.

We at CondoDomain.com are big believers in city real estate in general, but I highlight 5 cities where I believe the current opportunity is especially strong. My opinions are based on a combination of data, our agent experiences and client sentiment. This is not a scientific study but hopefully sparks some thought and adds some value. If you have any questions in general or about specific cities or opportunities, please comment or reach out to me. Without further adieu, here is the list:

5 – Los Angeles, CA

There are strong signs that the real estate market in LA has hit bottom and is starting to rebound. Downtown LA was hit hard with a huge amount of overbuilding and some of the worst economic and housing downturns in the country when the credit crisis hit. Jobs and the economy have begun to come back and the oversupply of condo homes downtown makes it a buyers market.

While downtown housing is still partially depressed, the neighborhood has become a vibrant and hip social scene in Los Angeles. Housing will catch up. Additionally, the new Expo line for the Metro Light Rail will make commuting for work and fun much easier. Phase 1 (from downtown to Culver City) will be open within a couple of months and Phase 2 (from Century City to Santa Monica) will be finished in a couple of years. This is the first time anything like this has connected to the west side, a huge development for LA’s car-attached culture. The train will run above ground and the route will be landscaped with bike paths and greenery. The city already has forward-looking loft/condo projects cropping up in anticipation.

With downright low prices available and good prospects for the future, Los Angeles is my first investment market to watch.

4 – San Francisco, CA

A second California city takes our number 4 spot. San Francisco has remained fairly strong even through the downturn and is bouncing back well too. Starting off there simply isn’t any more room to develop on the peninsula, and there is always going to be a strong demand for premium housing in downtown SF. This point is driven home by the fact that the city’s effective rents rose 1.2% (according to the Wall Street Journal 7/7/11), a figure near tops in the country. Mercer Management Consulting ranks the city as having the highest quality of life in the continental U.S., and the region is the gateway to the Pacific Rim. This means foreign nationals will be players in addition to domestic buyers.

Continuing, there continues to be huge venture capital money invested in the area (more than $6.3 billion just during the recession). Job growth is on the rise, lead by high tech and life sciences professions. Overall unemployment has improved a full percentage point in the last year AND job growth in the high income/skill sectors is among the best in the nation.

Remember that we are talking about the city of San Francisco only in this recommendation, and not the whole Bay Area. Strong business investment, high-end job growth, international players and high demand/low supply mean an opportunity worth taking a hard look at in my book.

3 – New York, NY

The New York City Real Estate market is unique – almost a living and breathing organism like the city itself. Prices are high, demand is strong, and supply is limited… at least that’s been the story for some time now. Even in the early recession, the city’s housing market stayed relatively strong, but pressure built and finally forced a moderate price decrease in some areas. The city is expensive overall, but there are pockets of opportunity. The premium neighborhoods like Central Park West, the West Village and SoHo remain pricey and sought after, but even within those there are some streets and buildings where the investment opportunity is strong. Then there are neighborhoods like the Financial District where tax abatements and other subsidies make for strong opportunity across the area.

Rents in NYC are increasing fast as inventory becomes more and more scarce. Combined with the buying opportunities that can be found, this should lead to some strong cash flow situations for investors. Landlords in the city no longer pay any broker fees in almost all cases, a sign that renting property at the high market prices is relatively easy these days… and it’s a money saver for investors. Finally, strong foreign investment from all over the world continues across New York City.

So my summary on NYC: pockets of great opportunity combined with what should be high demand going forward and great cash flow opportunities.

2 – Miami, FL

Miami is more than just a vacation spot. It is the gateway to the United States for all of Central and South America and it has become a major financial hub in our country and for the world. Foreign buyers are a force in the city and promise to continue to be so. The soft dollar increases their buying power and the Miami address brings big-time cache, convenience and business opportunity.

The massive overbuilding in the late 2000s hammered condo prices in South Beach and especially Downtown Miami. While prices have hit bottom and are now starting back on the rise, there are still lots of very strong opportunities. The city has invested significantly in the Downtown / Brickell area and the neighborhood is looking good with outstanding public spaces and resident resources. Restaurants, bars and shopping have all recently flocked to the area.

It doesn’t hurt investor prospects that Florida has no personal income tax and a low (5%) corporate income tax. So – low prices, great amenities, favorable taxes and a massive foreign demand? Yes, that’s good enough for number 2 on my cities to watch list.

1 – Washington, DC

The pulse of Washington, DC is politics, as we all know, and this same government sector also powers the local Real Estate market. With the Federal government in town and all the lobbying and legal work associated with the public sector, the District of Columbia has one of the lowest unemployment rates in the country. In addition, the city has a highly mobile population that turns over frequently. DC has one of the highest migration rates from other states, and there is a strong foreign component too. There is always a high demand from buyers and renters alike.

Unlike the other cities on this list, property values in most of DC have been on the rise for a couple years now, without becoming excessive. It is cheaper to buy in DC than to rent and it’s a city with one of the largest rent-buy discrepancies in the country.

Inventory is scarce in Washington, DC. The economy is strong and stable and demand promises to be consistent. Our experience is that listings are selling fast and for at-or-near list price, and the aggregate data backs us up on this. I expect all these positive trends to continue and grade DC as my top investment city to watch.

Hoyt David Morgan is the President of CondoDomain.com, a web-based real estate broker that is hyper-focused on city markets and fanatical about its premium service. Hoyt can be reached at hoyt@condodomain.com.

Minna Street San Francisco: Harlots Meet the Modern City

Bonnie Best — Thu, 07 Jul 2011 22:33:37 +0000

Over the Bay Bridge and deep within the alluring city of San Francisco there lives an enchanting street, a street racked with rich history. Today that street is occupied by luxury condos, a fetching art gallery, a superb oyster bar, a nightclub that pays homage to the city’s past, and more importantly a stylish vibe and sparkling atmosphere. This is Minna Street! The way legend tells it, the San Francisco South Of Market streets were named after the Barbary Coast era’s ladies of the evening, otherwise known as Harlot’s, who were also mistresses of city officials. In other areas of the world Harlot’s were looked down upon and often scoffed at but here in San Francisco during the Gold Rush, Harlot’s were well respected individuals who were escorted through the city by self appointed committee’s, whose job was to march ahead and clear the way and also keep the overly enthused suitors, that adoringly followed the women through the city, at bay. (photo via pinterest.com) Out of each of the South Of Market street’s in the city of San Francisco that gained it’s name from a woman (Clementine, Jessie,Natoma, and Minna) Minna is the only one that pays homage to the darling Harlots of the past with it’s premier nightclub beauty, Harlot. The owners, Martel Toler, Nabiel Musleh, Robert Nunez, and Jacek Ostoya, all of whom are SF natives, have created a past day venue with a modern day edge. Located in a 1920′s printing press warehouse building which has been revamped to mimic an English manor that is decked out with a black quartz stone bar, majestic black lacquered antler chandeliers, and suggestive art images of women, residing on Minna beneath a red glow, open to individuals from all walks of life. For an after work business meeting during the week or a weekend of letting loose visit Harlot; located at 46 Minna SF, Ca. (photos via: Channels.com & events.sfgate.com) Another business resident of Minna St, a favorite of hipsters, art lovers, and all of the Bay Area urban living alike is the, 111 Minna Gallery. A beautiful space constructed in the name of art and leisure, 111 Minna is without a doubt a San Francisco hot spot. Hosting a distinct and awe-inspiring blend of works from both local and international artist, in addition to film screenings, world class dj’s, and live performances, and designed to resemble an urban industrial warehouse, 111 Minna’s eclectic atmosphere has been known to move the masses. Bottle service is an option at this art gallery (at times turned nightclub) that is rarely without a full event calendar, if you’ve never been we encourage you to visit soon, disappointment doesn’t reside here! (photo via 111minna.com) (Art by: Risk & Cooz) Moving on to another Minna St. main stay, Anchor and Hope , located at 83 Minna. This fish house/oyster bar welcomes all in either suits or jeans, they give the option of eating early or late, and they also present the option of having a four course meal or even just champagne and oysters. This place is ideal for date night but also accommodating to groups of just friends as well as seafood loving singles. With nautical decor, an agreeable and urban vibe in a tasteful setting, and coveted meals that will send one home wanting for more, not to mention the extensive wine and beer list, Anchor and Hope is sure to provide great service and satisfaction. Stop in soon for “Angels on Horseback” (smoke bacon wrapped oysters) and may we suggest making reservations; 415.501.9100 This place fills up quick. (photos via: opentable.com and Sanfranmag.com) Are you thrilled with Minna St so far? Pleased enough to want to explore taking up residence in this bewitching SoMA neighborhood? Not to worry as usual, we’ve got you covered. May we suggest 2 astounding Minna St luxury condo properties at 788 Minna and The St. Regis Residence. Both have upcoming open houses so please visit sf.condodomain.com or call 877.852.6636 if you would like more information. What do you think? Would you like living in such a historically significant part of the city, or would Minna Street’s illicit past make this more of a place to visit and not put down roots?

The way legend tells it, the San Francisco South Of Market streets were named after the Barbary Coast era’s ladies of the evening, otherwise known as Harlot’s, who were also mistresses of city officials. In other areas of the world Harlot’s were looked down upon and often scoffed at but here in San Francisco during the Gold Rush, Harlot’s were well respected individuals who were escorted through the city by self appointed committee’s, whose job was to march ahead and clear the way and also keep the overly enthused suitors, that adoringly followed the women through the city, at bay. (photo via pinterest.com)

Out of each of the South Of Market street’s in the city of San Francisco that gained it’s name from a woman (Clementine, Jessie,Natoma, and Minna) Minna is the only one that pays homage to the darling Harlots of the past with it’s premier nightclub beauty, Harlot. The owners, Martel Toler, Nabiel Musleh, Robert Nunez, and Jacek Ostoya, all of whom are SF natives, have created a past day venue with a modern day edge. Located in a 1920′s printing press warehouse building which has been revamped to mimic an English manor that is decked out with a black quartz stone bar, majestic black lacquered antler chandeliers, and suggestive art images of women, residing on Minna beneath a red glow, open to individuals from all walks of life. For an after work business meeting during the week or a weekend of letting loose visit Harlot; located at 46 Minna SF, Ca. (photos via: Channels.com & events.sfgate.com)

Another business resident of Minna St, a favorite of hipsters, art lovers, and all of the Bay Area urban living alike is the, 111 Minna Gallery. A beautiful space constructed in the name of art and leisure, 111 Minna is without a doubt a San Francisco hot spot. Hosting a distinct and awe-inspiring blend of works from both local and international artist, in addition to film screenings, world class dj’s, and live performances, and designed to resemble an urban industrial warehouse, 111 Minna’s eclectic atmosphere has been known to move the masses. Bottle service is an option at this art gallery (at times turned nightclub) that is rarely without a full event calendar, if you’ve never been we encourage you to visit soon, disappointment doesn’t reside here! (photo via 111minna.com)

(Art by: Risk & Cooz)

Moving on to another Minna St. main stay, Anchor and Hope , located at 83 Minna. This fish house/oyster bar welcomes all in either suits or jeans, they give the option of eating early or late, and they also present the option of having a four course meal or even just champagne and oysters. This place is ideal for date night but also accommodating to groups of just friends as well as seafood loving singles. With nautical decor, an agreeable and urban vibe in a tasteful setting, and coveted meals that will send one home wanting for more, not to mention the extensive wine and beer list, Anchor and Hope is sure to provide great service and satisfaction. Stop in soon for “Angels on Horseback” (smoke bacon wrapped oysters) and may we suggest making reservations; 415.501.9100 This place fills up quick. (photos via: opentable.com and Sanfranmag.com)

Are you thrilled with Minna St so far? Pleased enough to want to explore taking up residence in this bewitching SoMA neighborhood? Not to worry as usual, we’ve got you covered. May we suggest 2 astounding Minna St luxury condo properties at 788 Minna and The St. Regis Residence. Both have upcoming open houses so please visit sf.condodomain.com or call 877.852.6636 if you would like more information.

What do you think? Would you like living in such a historically significant part of the city, or would Minna Street’s illicit past make this more of a place to visit and not put down roots?

San Francisco’s Millennium Tower!

Bonnie Best — Wed, 22 Jun 2011 20:00:16 +0000

(photo via:Jacksonfuller.com) Welcome back to blogs by Bonnie! This posts’ main subject is something to be marveled at and is definitely worthy of all nine awards it’s received thus far. These awards range from the Multi family/residential Award of Merit given by California Construction in 2009, to Metal Architecture Magazine’s Top Honor’s Award of April 2009, to the Building San Francisco Award given by the San Francisco Chamber of Commerce in 2010. This building is said to be the tallest residential building west of the Mississippi and is even home to retired NFL hall of fame football player, Joe Montana. I proudly present to you, The Millennium Tower. A 58 story high-rise condominium building completed in 2009, located in San Francisco’s Financial District, South Of Market. (photo via: jacksonfuller.com) This 350 million dollar project developed by the Millennium brothers of New York City, is bounded by Mission, Fremont, & Beale street with it’s address being written as 301 Mission Street. This is a mixed use tower that sits 58 levels above ground and is primarily residential. This property’s website tagline is “San Francisco Lives Here” and judging by the looks of things, irrefutable style and sheer opulence are mainstays in this location also. At 645 feet, The Millennium Tower is the tallest concrete structure in San Francisco, the 4th tallest building in San Francisco overall, as well as the tallest constructed since the year of 1986. When becoming a resident of The Millennium you’re no longer said to just be living, you’re now living “La Vie.” La Vie is also the title of an exclusive monthly events program offered to the Millennium residents. It provides exclusive opportunities and activities including but not limited too, musical performances, on and off site winemaker events, film screenings, celebrity fireside chats and more. (For more information visit Laviesf.com) This luxury condo high rise building is broken up into two towers, one being 58 story’s the other being 12, both connected to one another by a glass atrium and categorized into three luxury housing categories. The categories read as the following, “The City Residence” noted to be the chic urban lofts, “The Residence” listed as clean lines and designer finishes, and “The Grand Residence” which is described as the pinnacle of luxury. There is also a 4 story underground garage and a 20,000 square foot Owners Club Level which consist of a 75 foot indoor lap pool under a skylight, a courtyard outdoor terrace, a wine tasting room with cellar, an owners bar and lounge, and a Sports club/LA fitness operated fitness center with children’s room. And is if that isn’t enough the Millennium tower is also home to RN74, a Michael Mina (award winning celebrity chef, restauranteur, and cookbook author) restaurant. RN74, which was named for the famous passage through the heart of France’s Burgendy region, is an urban restaurant and wine bar that host an expansive wine list constructed by wine director Rajat Parr who built it to compliment all of the bold flavors from each of the delectable dishes created by executive chef Jason Berthold. Residential services at The Millennium not only include a concierge service but also a private dining room at Rn74. Visit www.michaelmina.net/rn74 (Rn74 photos via: ucityguides.com and archpaper.com) (photos via: luxuryinsider.com) There are currently 4 active listings: 1 bed 1 bathroom (2) and 2 beds 3 baths (2) Priced from 699,000- 1,895,000 For more information on this and other properties visit sf.condodomain.com or call us at 877.852.6636 to speak with a CondoDomain representative.

(photo via:Jacksonfuller.com)

Welcome back to blogs by Bonnie! This posts’ main subject is something to be marveled at and is definitely worthy of all nine awards it’s received thus far. These awards range from the Multi family/residential Award of Merit given by California Construction in 2009, to Metal Architecture Magazine’s Top Honor’s Award of April 2009, to the Building San Francisco Award given by the San Francisco Chamber of Commerce in 2010. This building is said to be the tallest residential building west of the Mississippi and is even home to retired NFL hall of fame football player, Joe Montana. I proudly present to you, The Millennium Tower. A 58 story high-rise condominium building completed in 2009, located in San Francisco’s Financial District, South Of Market.

(photo via: jacksonfuller.com)

This 350 million dollar project developed by the Millennium brothers of New York City, is bounded by Mission, Fremont, & Beale street with it’s address being written as 301 Mission Street. This is a mixed use tower that sits 58 levels above ground and is primarily residential. This property’s website tagline is “San Francisco Lives Here” and judging by the looks of things, irrefutable style and sheer opulence are mainstays in this location also. At 645 feet, The Millennium Tower is the tallest concrete structure in San Francisco, the 4th tallest building in San Francisco overall, as well as the tallest constructed since the year of 1986.

When becoming a resident of The Millennium you’re no longer said to just be living, you’re now living “La Vie.” La Vie is also the title of an exclusive monthly events program offered to the Millennium residents. It provides exclusive opportunities and activities including but not limited too, musical performances, on and off site winemaker events, film screenings, celebrity fireside chats and more. (For more information visit Laviesf.com)

This luxury condo high rise building is broken up into two towers, one being 58 story’s the other being 12, both connected to one another by a glass atrium and categorized into three luxury housing categories. The categories read as the following, “The City Residence” noted to be the chic urban lofts, “The Residence” listed as clean lines and designer finishes, and “The Grand Residence” which is described as the pinnacle of luxury.

There is also a 4 story underground garage and a 20,000 square foot Owners Club Level which consist of a 75 foot indoor lap pool under a skylight, a courtyard outdoor terrace, a wine tasting room with cellar, an owners bar and lounge, and a Sports club/LA fitness operated fitness center with children’s room. And is if that isn’t enough the Millennium tower is also home to RN74, a Michael Mina (award winning celebrity chef, restauranteur, and cookbook author) restaurant.

RN74, which was named for the famous passage through the heart of France’s Burgendy region, is an urban restaurant and wine bar that host an expansive wine list constructed by wine director Rajat Parr who built it to compliment all of the bold flavors from each of the delectable dishes created by executive chef Jason Berthold. Residential services at The Millennium not only include a concierge service but also a private dining room at Rn74. Visit www.michaelmina.net/rn74 (Rn74 photos via: ucityguides.com and archpaper.com)

(photos via: luxuryinsider.com)

There are currently 4 active listings:

1 bed 1 bathroom (2)

and 2 beds 3 baths (2)

Priced from

699,000- 1,895,000

For more information on this and other properties visit sf.condodomain.com

or call us at 877.852.6636 to speak with a

CondoDomain representative.

Top Listings in Russian Hill $500k – $750k

Anthony Longo — Wed, 08 Jun 2011 14:50:46 +0000

I was up in Russian Hill the other day and just had a feeling of how great it is here. Here is a quick review on some top listings in Russian Hill priced between $500,000 and $750,000. Yes its pricey up this way, but so worth it! [idx-listings community="Russian Hill" minprice="500000" maxprice="750000" propertytypes="1059,1064,1060" orderby="Price" orderdir="ASC" count="10"] Photo of Russian Hill courtesy of Wikipedia.

We're sorry, but it seems that we're having some problems loading MLS data from our database. Please check back soon.

Photo of Russian Hill courtesy of Wikipedia.

CondoDomain comes to San Francisco – with a “real” real estate brokerage license!

Anthony Longo — Tue, 24 May 2011 15:16:25 +0000

Finally!!!! CondoDomain has finally obtained our California Real Estate Brokerage license and we will be opening our San Francisco Condo office in just a few days!!!! What does this mean? Well, it means that we can finally operate as our very own real estate brokerage right in here in the Bay Area. As you may have known, CondoDomain (the website) has been in San Francisco for about 5 years, but the company only operated a real estate website that focused on new construction luxury buildings in the San Francisco area. Now the company plans to open its very own real estate brokerage here in SF. CondoDomain, which was founded in 2005, began offering real estate brokerage services in late 2009 in Boston, MA. In early 2010 the company opened 4 more offices in Baltimore, Chicago, NYC, and Washington D.C. More recently, this year the company has opened Hoboken/Jersey City, Ft. Lauderdale and Miami putting CondoDomain live in 8 metropolitans. Obtaining our CA real estate license (under CondoDomain Corporation), we will be 3 markets in CA including Los Angeles, San Diego and of course San Francisco. More to come on our grand opening of CondoDomain S.F. For now check a sneak peak of our brand new website below!

Finally!!!! CondoDomain has finally obtained our California Real Estate Brokerage license and we will be opening our San Francisco Condo office in just a few days!!!!

What does this mean? Well, it means that we can finally operate as our very own real estate brokerage right in here in the Bay Area.

As you may have known, CondoDomain (the website) has been in San Francisco for about 5 years, but the company only operated a real estate website that focused on new construction luxury buildings in the San Francisco area. Now the company plans to open its very own real estate brokerage here in SF.

CondoDomain, which was founded in 2005, began offering real estate brokerage services in late 2009 in Boston, MA. In early 2010 the company opened 4 more offices in Baltimore, Chicago, NYC, and Washington D.C. More recently, this year the company has opened Hoboken/Jersey City, Ft. Lauderdale and Miami putting CondoDomain live in 8 metropolitans.

Obtaining our CA real estate license (under CondoDomain Corporation), we will be 3 markets in CA including Los Angeles, San Diego and of course San Francisco.

More to come on our grand opening of CondoDomain S.F. For now check a sneak peak of our brand new website below!

San Francisco Condo Website & Blogs

Anthony Longo — Thu, 17 Jun 2010 14:40:15 +0000

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 the bugs, errors and downtime we were experiencing, the new site is lightning fast giving you all a much better consumer experience. Search 10X faster today! Left to be done over the next week. 1. Reinstall our core MLS search functionality on Boston, Chicago, DC, Baltimore & NYC 2. Prepare MLS installations on the remaining 15 new markets. 3. Install our new “Condo Forum” and more features we have to surprise you! On behalf of CondoDomain I would like to apologize for anyone who has experienced technical issues or website performance over the past few weeks. I can assure you the problems are behind us now and we look forward to providing an even better experience, starting today! Any questions – as always – contact your City Vice President and of course feel free to drop me a line as well! Sincerely, Tony Longo CondoDomain/CEO ajl [at] CondoDomain.com

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 the bugs, errors and downtime we were experiencing, the new site is lightning fast giving you all a much better consumer experience. Search 10X faster today!

Left to be done over the next week.

1. Reinstall our core MLS search functionality on Boston, Chicago, DC, Baltimore & NYC

2. Prepare MLS installations on the remaining 15 new markets.

3. Install our new “Condo Forum” and more features we have to surprise you!

On behalf of CondoDomain I would like to apologize for anyone who has experienced technical issues or website performance over the past few weeks. I can assure you the problems are behind us now and we look forward to providing an even better experience, starting today!

Any questions – as always – contact your City Vice President and of course feel free to drop me a line as well!

Sincerely,

Tony Longo
CondoDomain/CEO
ajl [at] CondoDomain.com

On the Rebound?

Anthony Longo — Fri, 15 May 2009 11:10:42 +0000

San Francisco has always had a stronger than average real estate market, even in the worst of times, due to a high demand for housing. It appears that there are signs of a rebound in San Francisco, with the number of active listings remaining stable, and a significant number of them accepting offers within the past few weeks. This means it is a great time to buy a San Francisco condo, and you don’t want to miss out on today’s pricing. Here are some San Francisco condos we like: 175 Bluxome 81 Lansing Arterra Call us to learn more about these and other San Francisco Condos.

San Francisco has always had a stronger than average real estate market, even in the worst of times, due to a high demand for housing.

It appears that there are signs of a rebound in San Francisco, with the number of active listings remaining stable, and a significant number of them accepting offers within the past few weeks.

This means it is a great time to buy a San Francisco condo, and you don’t want to miss out on today’s pricing.

Here are some San Francisco condos we like:

175 Bluxome
81 Lansing
Arterra

Call us to learn more about these and other San Francisco Condos.