Big price drops at alys beach

[AAbsolute]

Looking at this again I can see what happened. The links should be at the beginning of a listing. The first listing does not have a link. The first link is to the second listing, and on down the line.

That said, I would not expect to bargain hunt at Alys Beach anytime soon. They can afford to hold off on price drops and they should. The town is exquisitely designed and is getting more interesting all the time!

Hear, hear

 

[fisher]

but for now they have the luxury of waiting for the market to adjust.
There is a ton of building going on out there. If you haven't been to Alys Beach lately, check it out. The place is buzzing.

What makes you think they have the luxury of waiting? Ebsco has a lot of business interests. However, two big interests are publishing and real estate. Two very, very bad businesses to be in these days.

I don't think they have the luxury of waiting much longer before they must drop prices significanlty as others have up and down 30A (ie: individual property owners, JOE, Willis, Sanctuary, Redfish Village, etc, etc, etc). All that building you refer to above costs big bucks and Ebsco likely needs to get the cash flowing in soon versus flowing out.

I don't think they have as much time as you think.

Anyone know exactly how many units of land and homes sold last year in Alys? How about the year before? The Walton County website lists only a few but I don't completely trust the data.

 

[AAbsolute]

What makes you think they have the luxury of waiting? Ebsco has a lot of business interests. However, two big interests are publishing and real estate. Two very, very bad businesses to be in these days.

I don't think they have the luxury of waiting much longer before they must drop prices significanlty as others have up and down 30A (ie: individual property owners, JOE, Willis, Sanctuary, Redfish Village, etc, etc, etc). All that building you refer to above costs big bucks and Ebsco likely needs to get the cash flowing in soon versus flowing out.

I don't think they have as much time as you think.

Anyone know exactly how many units of land and homes sold last year in Alys? How about the year before? The Walton County website lists only a few but I don't completely trust the data.

You know that Alys owns the construction company and self performance is very different from hiring a contractor from their list.

 

[fisher]

You know that Alys owns the construction company and self performance is very different from hiring a contractor from their list.

How long has Ebsco owned Wave Construction? I thought a local guy started Wave up many years ago and built many, many homes in RMB before becoming the preferred, if not only, builder in Alys.

 

[beachbliss48]

What makes you think they have the luxury of waiting? Ebsco has a lot of business interests. However, two big interests are publishing and real estate. Two very, very bad businesses to be in these days.

I don't think they have the luxury of waiting much longer before they must drop prices significanlty as others have up and down 30A (ie: individual property owners, JOE, Willis, Sanctuary, Redfish Village, etc, etc, etc). All that building you refer to above costs big bucks and Ebsco likely needs to get the cash flowing in soon versus flowing out.

I don't think they have as much time as you think.

Anyone know exactly how many units of land and homes sold last year in Alys? How about the year before? The Walton County website lists only a few but I don't completely trust the data.

i would be surprised if they have sold more than five properties total in last couple of years.

 

[Kurt]

How long has Ebsco owned Wave Construction? I thought a local guy started Wave up many years ago and built many, many homes in RMB before becoming the preferred, if not only, builder in Alys.

They do not own Wave and Wave has been out of the picture for quite awhile. What is your beef with Alys Beach?

 

[Kurt]

What makes you think they have the luxury of waiting? Ebsco has a lot of business interests. However, two big interests are publishing and real estate. Two very, very bad businesses to be in these days.

I don't think they have the luxury of waiting much longer before they must drop prices significanlty as others have up and down 30A (ie: individual property owners, JOE, Willis, Sanctuary, Redfish Village, etc, etc, etc). All that building you refer to above costs big bucks and Ebsco likely needs to get the cash flowing in soon versus flowing out.

I don't think they have as much time as you think.

Anyone know exactly how many units of land and homes sold last year in Alys? How about the year before? The Walton County website lists only a few but I don't completely trust the data.

I don't know how much time they have. I believe they are better suited to plan for the long term, precisely because they have other business interests. I do know they are moving forward where most others are not.

As for others dropping prices in SoWal, based on list prices, there is a clear division between owners who have to sell and those who don't. The list changes every day though.

 

[fisher]

They do not own Wave and Wave has been out of the picture for quite awhile. What is your beef with Alys Beach?

...and your connection with Alys Beach??

 

[AAbsolute]

How long has Ebsco owned Wave Construction? I thought a local guy started Wave up many years ago and built many, many homes in RMB before becoming the preferred, if not only, builder in Alys.

I know Scott from Wave construction and have worked side by side with him several times. My framing company did a lot of sub-contract work for Wave. Most recently New Wave Riders and Chambers Street Builders both started model homes in WaterSound West Beach on the same exact day.

Scott told me years ago about his partnership/acquisition transaction with Alys. They have since seperated. Alys was able to keep many of the tradesman after the divorce. One of my phone numbers was 1 digit from the Alys building entitie's and we received many, many phone calls and messages that we shouldn't have. I phoned Alys several times to tell them that proprietary info. was spilling into our realm, but the calls persisted.

 

[AAbsolute]

...and your connection with Alys Beach??

Alys is very, very good for South Walton. We should be thankful that Jason's family is seeing it through.