6 Responses to “what is the demand for a riverfront condo?”

1. posted by Mary Kroll at September 27, 2008 1:25 pm [#]:
   

   Or they could just guess, the results would probably have the same degree of accuracy.

2. posted by Julie at September 28, 2008 1:56 pm [#]:
   

   That appears about right, based on our visit to view the condos when planning to move to Richmond. Unfortunately, many of the condos facing the river had poor floorplans (quite small and had a second interior “bedroom” with no outside windows). We felt the others were overpriced. It’s interesting that when you view the website, it indicates that they are “sold out”.

3. posted by Ramzi at September 29, 2008 8:46 am [#]:
   

   Couldn’t you just have called and asked what their occupancy rate was?

4. posted by gray at September 29, 2008 11:09 am [#]:
   

   “Unoccupied” doesn’t translate into being “unsold.”

   During the housing boom, waterfront properties were purchased even before being built in places like Florida. I’ve heard from several realtor friends that condos in general were selling well compared to regular homes, however, this might have changed since last August.

5. posted by dw at September 29, 2008 12:59 pm [#]:
   

   I’m moving in on October 16. But don’t count me in until Spring. That’s when I’ll be buying balcony furniture.

6. posted by edg at September 30, 2008 2:56 pm [#]:
   

   Poll results, and polling methods aside, just how occupied are these new developments? I would think anything under 80% would represent a really low rate.

   With such a lethargic market, do we need any more NEW condo developments built?

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