I wouldn't worry about Metro....the 4 projects they are working on are all in NJ.....three in Hudson County and one in AP. These markets are still pretty strong especially Hudson County which is a bright spot for Toll Brothers.
Admittedly the condos in AP are selling slow, but the Esperanza is already at least 30% under contract and is geared towards second home buyers.....the prices are also slightly increasing with each condo release. examples: Cheapest 1 bedroom when they started selling $435,000 NOW $464,000 Cheapest 2 bedroom when the stareted selling $520,000 now $664,000. John --- In AsburyPark@yahoogroups.com, Allan Peterson <[EMAIL PROTECTED]> wrote: > > Toll Bros said that they can't advertise out of the slump. I worry about Metro. > > > ----- Original Message ---- > From: nobepeymay <[EMAIL PROTECTED]> > To: AsburyPark@yahoogroups.com > Sent: Wednesday, August 22, 2007 10:58:00 PM > Subject: [AsburyPark] Re: The Blue > > I don't know much about this project in particular.. ..it looks very > nice though. What I can tell you is that I have decided to buy in > AP at the Esperanza. > > If you like the community (AP) and plan on holding the property for > a while....at least until more of the development is > completed... ....I can't see how you can get hurt financially. Of > course there are never any guarantees.. ....many people feel the real > estate market has not bottomed out yet. > > I plan on holding onto my place for a long long time so it is a > quality of life decision more than an investment > decision.... although I am confident my place will appreciate > significantly in the next 5 years or so as AP redevelopment fully > takes shape....AP has so much to offer now and I see it continuing > to get better. > > John > > --- In [EMAIL PROTECTED] ups.com, "mh67890" <mhurel@> wrote: > > > > Wondering what people are hearing about this project. My partner > and I > > are probably going to buy there, understanding that we're among > the > > first and that it's not without risk. Would really love to know > what > > the local scoop is, if any. > > > > > > > > _____________________________________________________________________ _______________ > Park yourself in front of a world of choices in alternative vehicles. Visit the Yahoo! Auto Green Center. > http://autos.yahoo.com/green_center/ > 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/
