Arial Dunes condos - photos - June 15 2006

[Smiling JOe]

You don't look like your tar do you? I have a feeling they are gay. If so, you might want to cover the cooley better!

I will check with him, He's a mortgage broker and he is working on a mortgage for my Mom in Vegas.

IM me your info.

Donna

I don't normally wear the sumo suit when negotiating real estate, and I get along well with most all people. What people prefer to do when they are naked is none of my business.

 

[cooleydog]

Anyone notice the Ariel Dunes I units are starting to move a little? Are people starting to realize what great buys they can get? :clap_1:

 

[Smiling JOe]

Anyone notice the Ariel Dunes I units are starting to move a little? Are people starting to realize what great buys they can get? :clap_1:

New listings have dropped from 70 per day in Walton Co down to around 40 per day. Also, during this past, week we have seen a slight up-tick in interest from prospective buyers.

 

[Unplugged]

Anyone notice the Ariel Dunes I units are starting to move a little? Are people starting to realize what great buys they can get? :clap_1:

Yes - we just wrote a contract on one... ;-) There are some great buys in there now....

 

[dsilvar]

Yes - we just wrote a contract on one... ;-) There are some great buys in there now....

This may signal the bottom for us in the "dunes".:clap_1:

 

[SHELLY]

This may signal the bottom for us in the "dunes".:clap_1:

 

[dsilvar]

Greater than a 40% drop from highs of a few months ago but still up 20% from precon prices.

 

[FLSunChaser]

Anyone notice the Ariel Dunes I units are starting to move a little? Are people starting to realize what great buys they can get? :clap_1:

10 have gone under contract since last Thursday and three more are in the works. I think the word is out that it's such a great building, awesome, awesome views. And quite frankly, several of the original purchasers in that building are walking away without making a dime.

 

[surfer]

Why are you arguing with the Bears on this thread? Real estate values might come back, but the trends I saw on another thread indicate that the market is in the tank big time with no end in sight based on inventory levels. Your arguments ring hollow based on the trends I saw on the other thread.

Sure, if you bought long ago, you might still be in the money, but prices seem like they continue to fall. Who knows where prices will eventually bottom out and how long it will take to relieve all the inventory in the market. This area is not unique. Many, many areas of the country, especially second home markets, are getting hammered these days with no end in sight due to higher interest rates, etc.

And can you say "read the posted information"?
Let me just reiterate it for you....since you seem to have a penchant for dumb comments..

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.

Here is another beauty of yours..

Real estate values have historically come back after decreases but that doesn't mean you actually make any money. If this areas prices dropped say 30% and then stagnated for 10 years (as has happened before) and rebounded to the current levels you would actually lose money if you sold.

Huh? what? Can you say "purchase price?"
Current market prices are 200% and in some cases 300% higher than prices 3+ years ago..so given your perfect storm above (that is without any precedent) and considering carrying costs I would still do much better in 10 years than..bonds? did you say?

 

[cooleydog]

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.