• Trouble logging in? Send us a message with your username and/or email address for help.
New posts

cooleydog

Beach Comber
Jan 27, 2006
25
0
Thanks for the shots of Ariel Dunes II. Did you happen to take any of the Ariel Dunes I building? We're expected to close in mid-July and would love to see the almost finished product! (I haven't been there since January)

I agree - there are alot of flippers out there. But we're in it for the long haul!

Thanks!
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
There are 131 actively listed for sale
2 pending with contingencies
240 pending

I would guess that very few will leave their down payments on the table and walk, but what do I know?
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
cooleydog said:
Thanks for the shots of Ariel Dunes II. Did you happen to take any of the Ariel Dunes I building? We're expected to close in mid-July and would love to see the almost finished product! (I haven't been there since January)

I agree - there are alot of flippers out there. But we're in it for the long haul!

Thanks!

Yes, I did get shots of the almost completed building. Go to the first post and click on "here" and that will take you to my photo album where they are located.
 

dsilvar

Beach Fanatic
Jan 12, 2006
307
0
68
Miramar beach
Pirate said:
What is "twin ported" ?

You mean Phuket and Oahu ? :funn:

What makes you feel the owners are long term?

Twin ported K&N filtered intakes..yep Oahu..and if you have been to Phuket the you will understand the local thai pronounciation..puket.

I am (a long term owner), and I have spoken to several that have like plans..there are currently about 40 on the market out of about 240..about 16%?..hardly makes the case for short term.
What make you feel its otherwise.?
 

SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
Smiling JOe said:
There are 131 actively listed for sale
2 pending with contingencies
240 pending

I would guess that very few will leave their down payments on the table and walk, but what do I know?

That would be just over 50% looking to flip?

You're a numbers guy Joe--what will that do to the median price of condos (and condo comps) in the area when 240 are released onto the market at (pre-construction) sales prices of $200 - $350 thousand?
 

cooleydog

Beach Comber
Jan 27, 2006
25
0
The 131 units for sale has now been reduced to 127 units and is out of a total of 458 units in both buildings bringing your "over 50%" down to 27%. From what I hear, this percentage is typical of preconstruction.

Also, the 240 pending include the ones that the original owners are buying.

I'm kind of new to this board but its already clear that you can't believe everything that is posted!
 

TooFarTampa

SoWal Insider
cooleydog said:
The 131 units for sale has now been reduced to 127 units and is out of a total of 458 units in both buildings bringing your "over 50%" down to 27%. From what I hear, this percentage is typical of preconstruction.

Also, the 240 pending include the ones that the original owners are buying.

I'm kind of new to this board but its already clear that you can't believe everything that is posted!

But you do find nice people willing to go out of their way to post pictures of items of interest to others on the board ... for free. You get more than what you pay for, IMO. :roll:
 

Pirate

Beach Fanatic
Jan 2, 2006
331
29
dsilvar said:
I am (a long term owner), and I have spoken to several that have like plans..there are currently about 40 on the market out of about 240..about 16%?..hardly makes the case for short term.
What make you feel its otherwise.?

Are there 240 pending and of those 240 roughly half are currently listed for sale? Can you say flipper?

If that is the case this is why I feel otherwise. If it isn't as I've always said I wish everyone here would make money on their place. I just feel it isn't going to happen. I would guess those who bought at the end of last summer on 30-a have lost in the double digit percentages already.
 
New posts


Sign Up for SoWal Newsletter