While I still see people waiting for better deals in The Plaza Resort & Spa in Daytona Beach, I can’t help thinking how resilient they are and how strong their belief in the falling market is. Not that they do not believe me when I am telling them that the prices in the Plaza Resort & Spa are inching up, they keep sticking me newspapers with predictions of another price fallout.
Let’s see what is really happening with prices in the Plaza Resort & Spa. Let’s look 18 months back, at January 9, 2011. In my blog Plaza Resort & Spa in Daytona Beach. Market Snapshot I wrote that there were 33 units for sale. Below are 10 least expensive.
The lowest price for a city view unit was $39,900. Out of 10 units 5 were $50K or less, and 9 were less than $60K.
Now let us look at what is in The Plaza Resort & Spa today, June 12, 2011.. There are 26 units for sale total. Here are 10 least expensive units listed in MLS as of today.
Only one (city view) is under $50K. Out of 10 only one unit is under $60K. See for yourself. And please, do not tell me that you read in the paper that it will go down another 12%. Because the owners in The Plaza Resort & Spa may not read these newspapers and may not know that they owe you to sell for less.
And if they are stubborn, and refuse to read and follow the media, there is nothing you can do.
Actually you can… just pay more…
Whenever you decide to buy in The Plaza Resort & Spa, now for less, or later for more, just give me a call at 386-405-4408
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