--- In AsburyPark@yahoogroups.com, "oakdorf" <[EMAIL PROTECTED]> wrote: > > > > I visited the Esperanza sales center this past weekend. The sales lady > > said they had sold 30 in the first 3 weeks. Not bad if true. > > not bad for 2 weeks. I almost believe it. The es has a design/look. > The next question - how many are being purchased by investors looking > to flip? I know of 2 so far. 30 sold 194 to go. >
Ever the optimist Oak. Metro's whole purpose of the fabricated birthday party to coincide with the opening of the sales office was to let the people clamoring to get into the Esperanza drop their deposits down. Three weeks later people who wanted a spot have gotten it, and the "sales staff" is going to have to work a lot harder to sell the other 87% of the units. There is no sense of urgency for a buyer, and prospective buyers can now wait until people are actually in & boardwalk amenities have opened before they tie up their cash with a down payment. Even Westminster claimed 50% were sold in the first month: http://asburypartners.com/westminster_050906.html I'd be willing to bet more money was made selling the rusted steel from C8 than these 30 units. I'd hate to be MetroHomes when their line of credit comes up for renewal if they are still sitting at preconstruction occupancy of 13%. Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/