Real Estate Darwinism

Alamitos Beach Luxury High Rise Condos Market Report

Ocean Boulevard Corridor

January - February 2008

Alamitos Beach luxury high rise condos on the Ocean Boulevard Corridor are slowly beginning to come back to life.  This year got off to a slow start with only 4 very small condos actually selling.  There are currently 9 condos in escrow and buyers are out again shopping Alamitos Beach condos for sale. 

We have a specific highly qualified buyer seeking a high rise condo, on the Ocean Blvd. corridor, who has not quite found what they are looking for.  If you have a 3 bedroom condo - or a 2 with a den, not currently on the market, around 1600 sq ft or more, on the sand in Alamitos Beach, with a direct ocean view, we would like to speak to you.  Preference is an upper corner unit with an unobstructed east/south facing view in excellent condition.  Our buyer wants to purchase now.  Call today if you are thinking about selling, if you have the right unit, we may be able to make this relatively easy for you.  Contact Laurie at  562-212-5420. 

There are currently 57 ocean front and luxury high rise condos for sale in Alamitos Beach, on the sand. 

3 ocean front and luxury high rise condos in Alamitos Beach are in escrow and accepting back-up offers. 

 6 ocean front and luxury high rise condos in Alamitos Beach are Pending in escrow. 

 4 ocean front and luxury high rise condos in Alamitos Beach have closed escrow - SOLD. 

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A few years ago, Jason Price and myself were thoroughly disgusted with what we were seeing in the Mortgage Industry. 

The average Broker / Lender couldn't even spell 'ethics'. 

As long as they made a quick dollar, they couldn't care less about:

• that their advertising was 'stretching' the truth,
  
• lying to a Client about what they could qualify for to get them into a situation that was more profitable,
  
• not disclosing the facts about the loan in a timely manner
• or the last minute 'oops' change in the loan at the closing table.

That's no way to run a business if you plan on being around for the long haul-

Just look at the large # of Mortgage Companies that went out of business in 2007 - the whole subprime mess, coupled with ineptitude and a complete disregard for Customer Service brought quite a few companies down - some of them were huge.

We couldn't do much to change things if we were working for other people, so we opened Knightlines Mortgage Services - and the slogan that we easily settled on was:

"Financing the way it's SUPPOSED to be."

We both realized that the only way to generate business was to get referrals from Clients that were more then satisfied with how we took care of them.

It's not exactly rocket science!

We started small, with our first office in Central Florida and now we're getting ready to open a new office right here in Palm Beach Gardens. 

This new office will offer the following:

• Residential Financing: Purchase money mortgages for new property, refinancing for current owners of Palm Beach Gardens real estate  and HELOCS
  
• Commercial Financing: Come to us with any situation - you'd be surprised at what's possible.

We started out small and quiet - no ridiculous ads for mortgages that 99.9% of the population can't qualify for, no promises for BS 'No-Cost' loans, no price-gouging - and things seem to be working out pretty well!

Makes you wonder where the 3rd office will be......