Comments on: The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Inventory for the Week of November 18th http://hobokenrealestatenews.com/2009/11/18/the-weekly-wednesday-wrap-up-hoboken-condo-sales-inventory-for-the-week-of-november-18th/ Everything buyers and sellers need to know about Hoboken condos and homes. Sat, 04 Sep 2010 01:29:52 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: homeboken http://hobokenrealestatenews.com/2009/11/18/the-weekly-wednesday-wrap-up-hoboken-condo-sales-inventory-for-the-week-of-november-18th/comment-page-1/#comment-4339 homeboken Mon, 30 Nov 2009 18:56:50 +0000 http://hobokenrealestatenews.com/?p=2236#comment-4339 Lori - I've been following the closings and DABO's for the last few months and I have noticed that there are virtually zero waterfront sales occuring. You get the occassional studio or 1 BR but I see no 2BR + in the shipyard, Maxwell, Harborside, HTB, etc. Is this due to the large number of developer owned units that are being sold? OR do you think that the "luxury" market of the Hoboken waterfront is dead? It seems to me that the disconnect being asking prices and demand is the largest for waterfront properties. I understand that the current waterfront owners are more affluent and thus don't HAVE to sell, but then why list the unit? Part two of this question is how will any lack of demand for waterfront property (at current pricing) affect the Hoboken market in general? Lori – I’ve been following the closings and DABO’s for the last few months and I have noticed that there are virtually zero waterfront sales occuring. You get the occassional studio or 1 BR but I see no 2BR + in the shipyard, Maxwell, Harborside, HTB, etc.

Is this due to the large number of developer owned units that are being sold? OR do you think that the “luxury” market of the Hoboken waterfront is dead? It seems to me that the disconnect being asking prices and demand is the largest for waterfront properties.

I understand that the current waterfront owners are more affluent and thus don’t HAVE to sell, but then why list the unit?

Part two of this question is how will any lack of demand for waterfront property (at current pricing) affect the Hoboken market in general?

]]> By: Tiger http://hobokenrealestatenews.com/2009/11/18/the-weekly-wednesday-wrap-up-hoboken-condo-sales-inventory-for-the-week-of-november-18th/comment-page-1/#comment-4338 Tiger Mon, 30 Nov 2009 18:52:23 +0000 http://hobokenrealestatenews.com/?p=2236#comment-4338 Just another day in Hoboken, Lori. Heck, I would be grateful if anyone at City Hall smiles; It's like mysery took over that building. On an related note, yesterday my friend moved to a new building in Jersey City. It's a nice unit, but he is paying $2,400 for a 580 sq ft one bedroom! It's surprising that people are charging that much in rent in Jersey City! Just another day in Hoboken, Lori.

Heck, I would be grateful if anyone at City Hall smiles; It’s like mysery took over that building.

On an related note, yesterday my friend moved to a new building in Jersey City. It’s a nice unit, but he is paying $2,400 for a 580 sq ft one bedroom! It’s surprising that people are charging that much in rent in Jersey City!

]]> By: lori http://hobokenrealestatenews.com/2009/11/18/the-weekly-wednesday-wrap-up-hoboken-condo-sales-inventory-for-the-week-of-november-18th/comment-page-1/#comment-4337 lori Mon, 30 Nov 2009 18:38:07 +0000 http://hobokenrealestatenews.com/?p=2236#comment-4337 Layoff anyone in civil service? You mean like the woman sitting and reading a paperback at the office where you pay parking tix at city hall while 14 people waited on line? Keep dreaming. Layoff anyone in civil service? You mean like the woman sitting and reading a paperback at the office where you pay parking tix at city hall while 14 people waited on line? Keep dreaming.

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