Quote:
Originally Posted by tvlbabe423
How long does it generally take for a project like that to be complete? I love the beach where they are building and hope it remains open for a long time to come.
Does the US ecomonies' decline hinder projects like this in any way? Or does the strong European and Canadian influence/dollars here keep the condo market strong. (fingers cross the project halts due to no buyers!!  ....hey a girl can hope!)
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They should be complete in 2010. Cantex is well funded.
The US economy has little to do with market conditions here. At least it hasn't affected our numbers. It's a still a cash market here, even though mortgages are starting to become viable for US and Canadians Buyers. I am always surprised at the amounts of $$$ that change hands here every day. It's truly astonishing.