Saturday, August 05, 2006

Downtown Condo at Vista Acqua Vista #212

Add unit #212 to the growing list of Acqua Vista condos that have sold for a loss.

Resale Price: $332,000
Cost: $337,798

Loss@6% Sales Expenses: $25,718
Loss%: 7.61%

Resale Date: 06/15/2006
Purchase Date: 07/20/2004
Holding Period: 23 months

Bedrooms: 1
Bathrooms: 1
Square Feet: 769

Resale Details: view

Purchase Details: view


Anonymous said...

i wonder if 2006 buyers will turn around and sell at loss in 2008.

Mr. Brightside said...

I think that is quite possible, in fact I now think that most people that bought in 2005 are underwater, especially when considering how much it costs to sell property.

Thanks for stopping by