Comments on: Construction buzzing on Ashland Avenue's mystery condo projects

By: John

John — Fri, 27 Jul 2007 04:47:52 +0000

And you better hurry up and buy these places before 100% financing neg-am interest-only adjustable rate suicide loans dry up completely!

By: paulj

paulj — Fri, 27 Jul 2007 01:45:27 +0000

The design is H-O-K-E-Y. Fake keystones? Have we not moved beyond this junk?

By: bpearce

bpearce — Thu, 26 Jul 2007 15:24:57 +0000

Ah, yes, REIC. I suspected that was the case.

Luckily, that resale market has blossomed. And the agents selling them take the time to put their signs out, though it’s hard to find a space on the wrought iron at a couple of buildings.

By: REIC

REIC — Thu, 26 Jul 2007 13:31:45 +0000

The demand is so great for $400k 2/2 condos on Ashland that they’re all pre-sold before the developer breaks ground. If you didn’t sign a contract in ‘05 then you’re totally screwed. You’ll have to try and buy an existing unit on the resale market. Good luck though, the yearly appreciation rate on these extremely desirable units is astronomical.