Infill Growth key to 2008 GREEN Housing and Luxury Condos in Walnut Creek-

December 11, 2007 | Brian Lebars 

condo.jpgThe East Bay Business Times reported Walnut Creek, CA will soon be the home of 800 new Condos, including many considered Luxury Condos in the $1,000,000 and up range. Generally only San Francisco demanded these prices in the Luxury Condo market. This looks to be the trend in 2008 with the migration and adaptation of Luxury Condos outside the San Francisco Luxury Condo market.

 

Bringing high-end housing to Walnut Creek is a crucial part to the city’s development. Scheduled at 235 Ygnacio Valley Blvd in Walnut Creek is an 11-unit “GREEN” Condo project.

 

Construction is shifting from open space development to what’s called “infill”, the development of existing buildings in Walnut Creek into a desirable better used space. The first phase, The Mercer is set to open in January 2008 and will be the first phase of the 800 units of Condos in Walnut Creek. The Mercer located in downtown Walnut Creek is a mixed use project of residential and retail with prices up to $1.2 million. This will instantly change the face of the Luxury Condo Market in Walnut Creek.

 

One more development to note is another “GREEN” development across from BART in Walnut Creek which will bring the best of both worlds together; clean transportation and GREEN Luxury Condos. I will be sure to keep you up to day on this project.

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Brian LeBars, Loan Consultant at Vintage Mortgage Group specializes in real estate loans, Jumbo homes loans, FHA loans, FHA 203k, first time home buyer loans, Community down payment assistance programs and Green Mortgage options. Green Mortgage Group is a source for information on real estate, homes, and Bay Area foreclosures and financing options. Green Mortgage Group provides you with all the resources you need to explore purchase and refinance options in the Tri-Valley, East Bay, and San Joaquin counties

Authored by Brian LeBars, Mortgage Broker and top producing Bay Area lender specializing in Refinance loans, Jumbo homes loans, FHA loans, FHA 203k, purchase loans, first time home buyer loans and community first time home buyer down payment assistance programs.