We bought in the 90’s and caught a falling butter knife. We had to sell first, so it was kind of a wash. Our development went through 3 different owners and there were some issues regarding the construction that occurred under the different developers. It became problematic when we (the association) had to sue all three for construction problems. Anyone buying under similar circumstances should be wary. That being said, the prices continued to fall until the complex was built out. It looks like those of you who want to buy there will be in for great bargains.
