Comments on: History In The Making? http://truecondos.com/history-in-the-making New Condo Development Specialist Mon, 06 Feb 2012 15:13:11 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Mike Stanislaus http://truecondos.com/history-in-the-making/comment-page-1#comment-14934 Mike Stanislaus Thu, 06 Aug 2009 17:31:51 +0000 http://truecondos.com/?p=2038#comment-14934 How much of the buying frenzy do you think is attributable to the regular sunshine cycle? I can see lower prices pushing many folks into buying where they would normally just lookielook and tirekick until autumn. How much of the buying frenzy do you think is attributable to the regular sunshine cycle? I can see lower prices pushing many folks into buying where they would normally just lookielook and tirekick until autumn.

]]> By: CondoCatch http://truecondos.com/history-in-the-making/comment-page-1#comment-14619 CondoCatch Fri, 31 Jul 2009 17:50:56 +0000 http://truecondos.com/?p=2038#comment-14619 When we were aggregating data at CondoCatch.com over the last 6-months, we noticed that the vast majority of projects had pushed back their occupancy dates. When there is a recession, short-run demand decreases causing prices and quantity demanded to decrease. If prices continue to decrease, quantity demanded increases back to pre-recession levels (i.e. what we saw as a spring boost in sales figures you reference in your supply and demand post). However, it seems like developers are holding back today's inventory by pushing back finish dates to sell at tomorrow's higher prices. So how long do you think prices will remain low? Also, do you think the discounts offered on longer-term projects (2012+ occupancies) make financial sense for buyers? When we were aggregating data at CondoCatch.com over the last 6-months, we noticed that the vast majority of projects had pushed back their occupancy dates. When there is a recession, short-run demand decreases causing prices and quantity demanded to decrease. If prices continue to decrease, quantity demanded increases back to pre-recession levels (i.e. what we saw as a spring boost in sales figures you reference in your supply and demand post). However, it seems like developers are holding back today’s inventory by pushing back finish dates to sell at tomorrow’s higher prices. So how long do you think prices will remain low? Also, do you think the discounts offered on longer-term projects (2012+ occupancies) make financial sense for buyers?

]]> By: Brad http://truecondos.com/history-in-the-making/comment-page-1#comment-14521 Brad Wed, 29 Jul 2009 13:15:34 +0000 http://truecondos.com/?p=2038#comment-14521 Andrew, does the chart indicate houses, condos, or all real estate? I don't think we are headed for a glut of condos downtown. Inventories are really low, and very few new projects have been announced in the last 12-18 months (and a few that were announced are cancelled or put on hold). Andrew, does the chart indicate houses, condos, or all real estate?

I don’t think we are headed for a glut of condos downtown. Inventories are really low, and very few new projects have been announced in the last 12-18 months (and a few that were announced are cancelled or put on hold).

]]> By: tw http://truecondos.com/history-in-the-making/comment-page-1#comment-14468 tw Tue, 28 Jul 2009 12:36:04 +0000 http://truecondos.com/?p=2038#comment-14468 That's actually a pretty frightening chart. I guess we're not headed to an over-saturation of condos in the core anytime soon. That’s actually a pretty frightening chart. I guess we’re not headed to an over-saturation of condos in the core anytime soon.

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