San Diego Business Journal

San Diego-based HomeFeedback Inc., which provides Web-based software tools for residential real estate professionals, has launched a new service aimed at the foreclosure market.

The tool allows buyers to post comments on a property's location, aesthetics and price.

The service is free for potential buyers. Agents and asset managers can pay a monthly fee to review this feedback.

The tool, ForeclosureFeedback, helps asset managers and agents obtain more foreclosure listings, save time managing the selling process, and communicate more effectively with buyers, according to HomeFeedback.

The online tool covers numerous markets throughout the United States, including San Diego.

"As the foreclosure market continues to boom, those who work in the field can easily become overwhelmed with the volume of properties they are attempting to liquidate," said Rick Bengson, HomeFeedback's chief executive officer, in a statement. "ForeclosureFeedback helps expedite the process by offering an online hub where agents instantly share potential buyers' feedback on properties and agents can automate communication back to interested parties, saving everyone involved in the liquidation process time and energy.

"Pricing a property properly is imperative to liquidation. The feedback is the best way to price those properties at the market value to sell in an expeditious manner," he said.

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Designers Can Indulge Cravings: Local architects, engineers and designers are fighting hunger with creativity.

At the fifth annual San Diego Canstruction event at the San Diego Design & Landscape Expo, scheduled for April 4-6 at the San Diego Convention Center, industry professionals planned to showcase their talents by designing giant sculptures made of canned food.

At the close of the exhibit, the canned goods are donated to local food banks.

Canstruction is sponsored by the Society for Design Administration, an affiliate of the American Institute of Architects.

Winners last year included San Diego County-based Architects|Delawie Wilkes Rodrigues Barker, Childs Mascari Warner Architects, Island Architects, OliverMcMillan, and RJC Architects.

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Celebrating Green: With Earth Day coming up on April 22, the Urban Land Institute San Diego/Tijuana District Council is seeking entries for its annual Smart Growth Awards program.

The program to be held June 26 at the Balboa Theatre recognizes planning and design achievements as well as following the principles of smart growth to be economically sound, environmentally friendly and livable.

Projects, people and programs can be nominated in Smart Growth Project, Smart Growth Plan/Policy and Smart Growth Visionary categories.

Entry forms must be submitted by May 1.

The American Institute of Architects' San Diego chapter has also included a green award for its annual design awards gala.

This year's award ceremony at the Neurosciences Institute in La Jolla on June 7 will include an award following national AIA renewable and sustainable criteria.

The local chapter is accepting applications for this award until May 9.

Send real estate news to Michelle Mowad at . She may also be reached at (858) 277-6359, ext. 3109.