I bought a condo in the NE section in 2004. It is down from what I paid, I am
sure. Would be nice to see it come back a little more as I have wanted to move
to be closer to work since 2008, but enjoying Asbury in the meantime. Fingers
crossed! If I had to guess, it is down at least 12%
--- In AsburyPark@yahoogroups.com, "oakdorf" <oakdorf@...> wrote:
>
> the past several months - several units have been sold in Wesley - up to
> about $700,000.
>
> the place remains full, more or less zero rentals. That sends a strong signal
> to make builders WANT to build what some people maybe looking for (the beach,
> the location etc).
>
> Things will continue to evolve - some win, some lose. That's life.
>
> Face it - not everyone can deal with Asbury - never have and never will.
>
> It's takes special people to plunk down a large chunk of money - to do so it
> takes some level of success.
>
>
> That's why there's other places to live.
>
> There have been some ncie opportunities in single and multifamily homes over
> the past few months that have quickly been picked up.
>
> Keep on watching as the older homes come back to life - hoepfully as single
> family homes - and projects are launched.
>
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