when do the experts think this turnaround may be???
I meant as a potential for appreciation and appreciation curves for these 3 different types? Am I right in thinking the hi rise project is the more desirable as ann investment vehicle (turn around and re-sale when market picks back up again..I'm interested in a 1BR/1BA...LOW-ER floor)???
Also, I know of at least one hi rise condo project that's not budging in their prices even in this 8/08 market (this one particular building is in a part of town that has been under the radar but starting to be "discovered" due to planned redevelopment in phases,etc so even with the non-budging, the prices compare I would say tens of thousands lower than had this same building had been in a more "known" area)...this non-budging, do you think the sales office is bluffing (they "quote" 80% sold and closing and moving in expected 4th Q this yr)
what tacticS can i use to break down the resistance to my offering a lower price to make it a sweeter investment for me (though like i said comparative prices are somewhat low...but everything else is dropping and all these alternative foreclosures and whatnots are nagging)
and lastly, when do you think market for SoCal gonna be back up again? months/years?
thanks and hope i didn't forget any point and still clear to you