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May 14, 2007 at 4:28 PM #52826May 14, 2007 at 5:31 PM #52836lindismithParticipant
Regarding Atlas: Perry, it’s still on. I live a block from it, and it continues to go up, albeit at a snail’s pace.
They seem to be on the final top floor for the housing portion, and they’ve dug out the parking, poured the cement, put up the steel structures and put cement into those for the retail portion. Remember, this is the structure that was supposed to be ready last summer! I know there’s been some major water problems on the street – pipes breaking etc. The billboards showing the ‘lifestyle of the future inhabitants’ are getting more and more defaced, with the pretty indian woman now doning a mustache and blacked out teeth. Don’t know if it’s the passers by or the construction workers doing it.
Atlas will bomb. It will be a better value than some of the other condos planned for Hillcrest/Bankers Hill, but I just don’t see how anyone will pay good money for screaming ambulences down 4th and back up 5th, plus the 2a.m. bar crowd. Like I said, I live about a block from it, and I had sound-proof windows installed in my rental apartment to quell the noise.
May 24, 2007 at 12:26 PM #54778teddyboyParticipantI’ve been watching Atlas for a long time, and they still have a ways to go. It was supposed to be done sometime ago. I’ve been to the website to look at the floor plans and overall I like the plans. I just checked the site for pricing. Are these people high! Low 300’s for 725sqft one bedroom up to mid 500’s for 1485sqft 2br/2ba. Wouldn’t surprise me if the HOA was at least 300. With alll this downward pressure on prices, I just don’t see how this development will be able to sell enough units. I just dont’ think it’s gonna do very well at all considering the current market.
I’m looking to move back to that general area. I was living in Normal Heights on Suncrest Drive, but I had to move in Dec ’05 due to conversion of my 22 unit complex. Right now I’m living with my dad in Oceanside and paying off my CC debt. I’m in a waiting pattern to see how the market will play out. I want to buy a place, but won’t even begin to consider it until next year. I’ve been looking, and a lot of inventory has been sitting for condos/townhomes. I dound a lot of nice places in the mid 300’s in University Heights. Things should get interesting as time marches one. The complex that I used to live in hasn’t even finished. They only have the two models done. The last time I looked most of the other units still needed a lot of interior work.
May 24, 2007 at 12:26 PM #54793teddyboyParticipantI’ve been watching Atlas for a long time, and they still have a ways to go. It was supposed to be done sometime ago. I’ve been to the website to look at the floor plans and overall I like the plans. I just checked the site for pricing. Are these people high! Low 300’s for 725sqft one bedroom up to mid 500’s for 1485sqft 2br/2ba. Wouldn’t surprise me if the HOA was at least 300. With alll this downward pressure on prices, I just don’t see how this development will be able to sell enough units. I just dont’ think it’s gonna do very well at all considering the current market.
I’m looking to move back to that general area. I was living in Normal Heights on Suncrest Drive, but I had to move in Dec ’05 due to conversion of my 22 unit complex. Right now I’m living with my dad in Oceanside and paying off my CC debt. I’m in a waiting pattern to see how the market will play out. I want to buy a place, but won’t even begin to consider it until next year. I’ve been looking, and a lot of inventory has been sitting for condos/townhomes. I dound a lot of nice places in the mid 300’s in University Heights. Things should get interesting as time marches one. The complex that I used to live in hasn’t even finished. They only have the two models done. The last time I looked most of the other units still needed a lot of interior work.
May 24, 2007 at 3:12 PM #54872PerryChaseParticipantI’ve been looking at the Hillcrest/Bankers Hills/Mission Hills/Downtown for my relatives. I think that it’s a good area for retiree as well as young people living in condos. There are restaurants and stores, and the park nearby so there’re minimal driving requirements. Plus the population mix is interesting so it won’t be boring.
Bankers Hills near Balboa Park is way overpriced, more so than Downtown in my view. The plan is to turn that whole 5th ave corridor to “condo row” so there’ll be plenty of buying opportunity if have a longer time frame.
With the oversupply, Downtown will crash first with the other areas to follow. There are few new condos in Hillcrest so if you want a place that’s crisp, clean and new, then Atlas is worth waiting for. I would wait to pickup a resale unit at the trough. I think that Atlas is being built in slow motion as the developer is hoping for a market comeback.
If you’re still paying your CC debts, then you’d be wise to pay them off first, then save for a down-payment before you even buy anything. Prices will be going down slowly over years so you have plenty of time.
May 24, 2007 at 3:12 PM #54886PerryChaseParticipantI’ve been looking at the Hillcrest/Bankers Hills/Mission Hills/Downtown for my relatives. I think that it’s a good area for retiree as well as young people living in condos. There are restaurants and stores, and the park nearby so there’re minimal driving requirements. Plus the population mix is interesting so it won’t be boring.
Bankers Hills near Balboa Park is way overpriced, more so than Downtown in my view. The plan is to turn that whole 5th ave corridor to “condo row” so there’ll be plenty of buying opportunity if have a longer time frame.
With the oversupply, Downtown will crash first with the other areas to follow. There are few new condos in Hillcrest so if you want a place that’s crisp, clean and new, then Atlas is worth waiting for. I would wait to pickup a resale unit at the trough. I think that Atlas is being built in slow motion as the developer is hoping for a market comeback.
If you’re still paying your CC debts, then you’d be wise to pay them off first, then save for a down-payment before you even buy anything. Prices will be going down slowly over years so you have plenty of time.
May 25, 2007 at 10:07 AM #54992teddyboyParticipantI really like the area, and I’m almost done paying off CC debt. I should be done paying off stuff by August/September of this year. Atlas looks like a very nice complex, but I’m in no hurry. I do have time on my side.
May 25, 2007 at 10:07 AM #55007teddyboyParticipantI really like the area, and I’m almost done paying off CC debt. I should be done paying off stuff by August/September of this year. Atlas looks like a very nice complex, but I’m in no hurry. I do have time on my side.
August 10, 2007 at 7:52 PM #73110lindismithParticipantAtlas is getting closer to completion. The front retail portion still looks like it has a ways to go, but the condos have stucco…. I’m estimating about another 2 months tops.
What’s that? About a year and half late?
Is there any way anyone here on Piggington would buy one now though?
Perry, what happened with your aunt?
August 10, 2007 at 7:52 PM #73238lindismithParticipantAtlas is getting closer to completion. The front retail portion still looks like it has a ways to go, but the condos have stucco…. I’m estimating about another 2 months tops.
What’s that? About a year and half late?
Is there any way anyone here on Piggington would buy one now though?
Perry, what happened with your aunt?
August 10, 2007 at 7:52 PM #73231lindismithParticipantAtlas is getting closer to completion. The front retail portion still looks like it has a ways to go, but the condos have stucco…. I’m estimating about another 2 months tops.
What’s that? About a year and half late?
Is there any way anyone here on Piggington would buy one now though?
Perry, what happened with your aunt?
August 10, 2007 at 8:45 PM #73125bsrsharmaParticipantLookoutBelow,
Your graphic description reminds me of a DOOR’s Musical about Apocalypse I saw in 2000 in Horton Plaza. What a metaphor for the current Housing market!
August 10, 2007 at 8:45 PM #73245bsrsharmaParticipantLookoutBelow,
Your graphic description reminds me of a DOOR’s Musical about Apocalypse I saw in 2000 in Horton Plaza. What a metaphor for the current Housing market!
August 10, 2007 at 8:45 PM #73253bsrsharmaParticipantLookoutBelow,
Your graphic description reminds me of a DOOR’s Musical about Apocalypse I saw in 2000 in Horton Plaza. What a metaphor for the current Housing market!
August 10, 2007 at 9:32 PM #73134NotCrankyParticipantbsrharma
“Your graphic description reminds me of a DOOR’s Musical about Apocalypse I saw in 2000 in Horton Plaza. What a metaphor for the current Housing market!”
Did you find that entertaining or otherwise rewarding? I just found it really boring. Do you recall the name of the show?
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