tag:blogger.com,1999:blog-11537840.post776121617206346425..comments2023-11-04T03:10:29.707-04:00Comments on Larry's Take on the Cocoa Beach Real Estate Market: A luxury condo case studyLarry Walkerhttp://www.blogger.com/profile/01527381774923548480noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11537840.post-69449304291488311992010-11-01T09:40:54.457-04:002010-11-01T09:40:54.457-04:00I think the large overhang of underwater owners in...I think the large overhang of underwater owners in the newer buildings will make those units lag the older lower-priced units when appreciation finally returns. Appreciation will vary between complexes. Like my example above, newer buildings like Meridian, that sold at the peak, are full of now-underwater owners. Once those troubled owners are flushed out, supply and demand is free to run it's course. Smaller buildings and older buildings are at an advantage with fewer underwater owners. Whatever you buy, do your homework and buy at as much of a discount as possible.Larry Walkerhttps://www.blogger.com/profile/01527381774923548480noreply@blogger.comtag:blogger.com,1999:blog-11537840.post-55472240917640710852010-10-28T15:06:58.373-04:002010-10-28T15:06:58.373-04:00In terms of investment, do you think in the long-r...In terms of investment, do you think in the long-run the luxury condo market would result in a better return, given the price decline in that segment? Again, with the assumption that one is willing to hold on to it for the longterm.Anonymousnoreply@blogger.com