http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/ Tampa Real Estate News and Market Reports Fri, 18 Dec 2009 08:17:05 -0700 http://wordpress.org/?v=2.9 hourly 1 http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/comment-page-1/#comment-14288 Tampa Florida Real Estate Blog » Blog Archive » Like He Says…Don’t Worry About Downtown Tampa Fri, 14 Dec 2007 14:13:31 +0000 http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/#comment-14288 [...] And while there are some who may be bearish on Tampa’s downtown, I would certainly agree with Mr.Gardner that when the market stabilizes, we’ll see new residents filling those empty spaces quickly. I sense quite a bit of pent up demand for downtown out there, but many would-be downtown/Channel District buyers are afraid to commit. And who can blame them with the inventory that came on the market all at once (purchased mostly by speculators… see: Condos Suck), and the feeling that no one else is out there buying alongside of them? [...] [...] And while there are some who may be bearish on Tampa’s downtown, I would certainly agree with Mr.Gardner that when the market stabilizes, we’ll see new residents filling those empty spaces quickly. I sense quite a bit of pent up demand for downtown out there, but many would-be downtown/Channel District buyers are afraid to commit. And who can blame them with the inventory that came on the market all at once (purchased mostly by speculators… see: Condos Suck), and the feeling that no one else is out there buying alongside of them? [...]

]]> http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/comment-page-1/#comment-13466 Tampa Florida Real Estate Blog » Blog Archive » Channelside Condo Market Watch Sun, 08 Jul 2007 15:12:31 +0000 http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/#comment-13466 [...] Fast forward to present day reality, and while some smaller projects were completed in the last few years, the first major projects are now being finished. Buyers who went under contract to purchase Channelside condominiums are now closing on them in a market that has turned tail and run in the opposite direction. Many of these buyers never intended to reside in these properties, nor did they intend to hold them for any period of time. Many buyers’ sole intent was to close on their properties and then resell them in a market that had seen substantial appreciation since pen went to paper back in pre-construction. (Condos Suck). It’s a risky, speculative move that can pay great dividends if demand is still there once the mortgage payments begin or once the cash is handed over. [...] [...] Fast forward to present day reality, and while some smaller projects were completed in the last few years, the first major projects are now being finished. Buyers who went under contract to purchase Channelside condominiums are now closing on them in a market that has turned tail and run in the opposite direction. Many of these buyers never intended to reside in these properties, nor did they intend to hold them for any period of time. Many buyers’ sole intent was to close on their properties and then resell them in a market that had seen substantial appreciation since pen went to paper back in pre-construction. (Condos Suck). It’s a risky, speculative move that can pay great dividends if demand is still there once the mortgage payments begin or once the cash is handed over. [...]

]]> http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/comment-page-1/#comment-1378 » What’s Up With Parkcrest Harbour Island Condos?|Tampa Florida Real Estate Blog » Blog Archive Mon, 26 Mar 2007 17:16:24 +0000 http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/#comment-1378 [...] See Condos Suck [...] [...] See Condos Suck [...]

]]> http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/comment-page-1/#comment-314 » Tampa Condo Clown In Demand|Tampa Florida Real Estate Blog » Blog Archive Sat, 17 Feb 2007 22:09:42 +0000 http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/#comment-314 [...] And this was within a few miles of where I previously happened upon the “Condo’s Suck” sign. I would think “condos” would be a fairly easy word to spell correctly, but there are some spelling challenged folks along this highway evidently. And would this clown entice you to pull over and have a look? “Oh look honey, a condo clown! Let’s pull over and buy one.” [...] [...] And this was within a few miles of where I previously happened upon the “Condo’s Suck” sign. I would think “condos” would be a fairly easy word to spell correctly, but there are some spelling challenged folks along this highway evidently. And would this clown entice you to pull over and have a look? “Oh look honey, a condo clown! Let’s pull over and buy one.” [...]

]]> http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/comment-page-1/#comment-218 » Channelside Condo Market Watch|Tampa Florida Real Estate Blog » Blog Archive Tue, 06 Feb 2007 14:35:38 +0000 http://tampafloridarealestatefinder.com/181/tampa-bay-condos-attract-buyers-by-using-an-inexorable-force/#comment-218 [...] Many of these pre-con buyers signed contracts on speculation, with the intent to find a buyer either before closing on the property themselves, or shortly thereafter. A common, but risky practice in a heated real estate market. These buyers were essentially betting their deposits that #1, the property would be worth substantially more when it was finished (prices can’t go down?), and #2, that there would be a market with buyers once the projects were completed. See Condos Suck. [...] [...] Many of these pre-con buyers signed contracts on speculation, with the intent to find a buyer either before closing on the property themselves, or shortly thereafter. A common, but risky practice in a heated real estate market. These buyers were essentially betting their deposits that #1, the property would be worth substantially more when it was finished (prices can’t go down?), and #2, that there would be a market with buyers once the projects were completed. See Condos Suck. [...]

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