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!)
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.