cooleydog said:But we're not talking about all other markets and all other condos on this thread. We are talking about Ariel Dunes. And I think the "bulls" on this thread are trying to discuss amongst themselves that Ariel Dunes is looking better than it has in the last several months based on market prices and number of units pending. So why don't you keep your general bearish comments on other boards because I'm frankly tired of reading them. If you want to talk about Ariel Dunes, please do.
Ho Ho ho..thems fightin' words, cooleydog!! Nevertheless I understand surfer dudes comments as saying that no one really knows how this real estate "soft landing" is all going to play out and where the bottom is, or if condo prices are going to slide further..but to say this area is not unique is simply not true.
Why just ask any of the 30-A royalty about "this area" and he/she will wax eloquent for an hour.
The boomers have not just gone away and as we sit with this stalemate in area prices to unwind the real demand for property is building up.
The demand for costal real estate is growing even as we speak.
Watch out when the flood gates open up.