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Post by KITransplant on Jul 24, 2014 13:48:20 GMT -4
What do people here think about the strength of the local real estate market? It seems to me that prices are favoring sellers a little better than in the past few years.
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Post by markp on Jul 25, 2014 7:02:42 GMT -4
It's a sellers market if you're willing to pay money to get out of your home. The house values from what I've seen are still lower than when I bought in 2009. This is from house sales, not from what people have their homes on the market for what they think it's worth.
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Post by alanr on Jul 25, 2014 9:37:08 GMT -4
markp, You are 100% correct but the prices are coming back up depending on location,price and condition. Knowing what is going on around the Narrows I would have to say within the next two to three years prices will rise 10-15%. Condos going up at the Annie's location. These are to be rented for three years and then sold. Rumor is that there will be about 150 units. Condos and banquet hall at the old Knot 10 location and lot next store. This could happen within a year or two. Old outlets, condos and stores. Knowing Jamal as a slum lord ( my own thoughts) who knows or cares what he does. He is terrible for this county. Again just my opinion.
The new flood classification. Some areas good some bad. Osprey point got a bad (AE) rating while the Narrows town homes got a X ( not in a flood zone) Pinney Narrows also got an X rating strange but good for them.
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Post by kiboater on Aug 28, 2014 17:18:44 GMT -4
The fact that Anne's wants to relocate behind the Holiday Inn and the old restaurant torn down for condos has been known for a while. If the economy ever gets going then it might just happen.
Has anyone heard about Red Eyes being involved in this project?
Also any updates on the Bay East project across the Narrows from Harris and Red Eyes? I think they were given an ultimatum by the planning board to get going.
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