Comments on: Top 5 Ways to Shoot Your Leavenworth Condo Project in the Foot http://iciclecreekrealestate.com/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/ Leavenworth Real Estate including Lake Wenatchee and Plain Thu, 12 Jan 2012 03:22:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Leavenworth Condo Update – Fall 2009 | Icicle Creek Real Estate http://iciclecreekrealestate.com/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/comment-page-1/#comment-2579 Leavenworth Condo Update – Fall 2009 | Icicle Creek Real Estate Tue, 20 Oct 2009 00:40:35 +0000 http://icre.realestatetomato.net/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/#comment-2579 [...] has been the toughest sector of the Leavenworth market over the past few years.  Overbuilding, lack of research by developers, and bad timing have lead to a massive oversupply, auctions, and lower [...] [...] has been the toughest sector of the Leavenworth market over the past few years.  Overbuilding, lack of research by developers, and bad timing have lead to a massive oversupply, auctions, and lower [...]

]]> By: Geordie Romer http://iciclecreekrealestate.com/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/comment-page-1/#comment-117 Geordie Romer Wed, 26 Mar 2008 02:59:00 +0000 http://icre.realestatetomato.net/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/#comment-117 Ben at Seattle Condos and Lofts blog just wrote an article about what happens when condo projects do "shoot themselves in the foot". The bank ends up auctioning the units. http://seattlecondosandlofts.com/2008/03/condos-go-on-the-auction-block<br/><br/>I hope this doesn't happen to any Leavenworth condos, but it certainly is a good reason to pay attention to market forces. Ben at Seattle Condos and Lofts blog just wrote an article about what happens when condo projects do “shoot themselves in the foot”. The bank ends up auctioning the units. http://seattlecondosandlofts.com/2008/03/condos-go-on-the-auction-block

I hope this doesn’t happen to any Leavenworth condos, but it certainly is a good reason to pay attention to market forces.

]]> By: Geordie Romer http://iciclecreekrealestate.com/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/comment-page-1/#comment-114 Geordie Romer Wed, 19 Mar 2008 00:05:00 +0000 http://icre.realestatetomato.net/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/#comment-114 I think it depends what you mean by upscale. I think condo buyers would love to buy a condo on the river and they love granite countertops and 10 foot ceilings. I also think that larger units with more bedrooms will sell. The question is how much they are willing to pay. If the median sold price of a condo is $300,000 and no unit is selling for more than $400,000 I wouldn't try and put units on the market for $600,000. Condo buyers, like everyone else, are looking for value. Value comes in many price ranges. I think it depends what you mean by upscale. I think condo buyers would love to buy a condo on the river and they love granite countertops and 10 foot ceilings. I also think that larger units with more bedrooms will sell. The question is how much they are willing to pay. If the median sold price of a condo is $300,000 and no unit is selling for more than $400,000 I wouldn’t try and put units on the market for $600,000. Condo buyers, like everyone else, are looking for value. Value comes in many price ranges.

]]> By: Allyson http://iciclecreekrealestate.com/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/comment-page-1/#comment-112 Allyson Tue, 18 Mar 2008 23:33:00 +0000 http://icre.realestatetomato.net/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/#comment-112 Do you think there will be a demand/market for upscale condo projects in the future? Do you think there will be a demand/market for upscale condo projects in the future?

]]> By: Carol http://iciclecreekrealestate.com/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/comment-page-1/#comment-108 Carol Tue, 04 Mar 2008 15:14:00 +0000 http://icre.realestatetomato.net/2008/03/03/top-5-ways-to-shoot-your-leavenworth-condo-project-in-the-foot/#comment-108 Hi Geordie, This is an excellent list. Good job, as usual. Hi Geordie, This is an excellent list. Good job, as usual.

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